Shares of Chewy have plummeted 35% this year, but the stock is due for a comeback according to Needham.
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Needham upgrades Chewy, says shares can rally more than 40% because the pet space is defensive
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Starbucks raises full-year outlook as turnaround takes hold — despite higher gas prices
Starbucks on Tuesday raised its full-year outlook for comparable earnings and same-store sales growth after reporting its second straight quarter of traffic growth. “This quarter marked a milestone for Starbucks – and the turn in our turnaround,” CEO Brian Niccol said in a video posted alongside the company’s fiscal second-quarter results. For fiscal 2026, Starbucks […]
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First Vegas-style casino opens in New York City
New York City’s first full-scale casino with live table games opened to gamblers Tuesday, more than a decade after voters approved an expansion of gambling in the state. Resorts World, owned by Malaysia-based company Genting, beat out gaming giants such as Wynn Resorts, Las Vegas Sands, Caesars Entertainment and MGM Resorts to land one of […]
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FCC launches review of Disney broadcast licenses years ahead of schedule
The Federal Communications Commission is seeking an early review of Disney’s broadcast station licenses following concerns around the company’s diversity, equity and inclusion efforts, according to a letter from FCC Chairman Brendan Carr Tuesday. The letter orders the company to file for early renewal for ABC-owned television stations and notes the action is related to an […]
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