History shows that dine-in restaurants, like Olive Garden’s parent Darden, outperform when oil prices surge, the firm found.
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How to trade restaurant stocks as higher gas prices hit consumers, according to Piper Sandler
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Figma’s stock sinks more than 20% after last week’s IPO pop
Dylan Field, co-founder and CEO of Figma, appears on the floor of the New York Stock Exchange in New York on July 31, 2025. Figma shares surged as much as 229% after the design software maker and some of its shareholders raised $1.2 billion in an IPO, with the trading valuing the company far above […]
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OpenAI’s ChatGPT to hit 700 million weekly users, up 4x from last year
Jaque Silva | Nurphoto | Getty Images OpenAI is set to hit 700 million weekly active users for ChatGPT this week, up from 500 million in March, marking a more than fourfold year-over-year surge in growth, the company said Monday. The figure spans all ChatGPT artificial intelligence products — free, Plus Pro, Enterprise, Team, and […]
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Tesla approves share award worth $29 billion to CEO Elon Musk
Tesla has granted CEO Elon Musk 96 million shares worth about $29 billion, a move aimed at keeping the billionaire entrepreneur at the helm as he fights a court ruling that voided his original pay deal for being unfair to shareholders. In 2024, a Delaware court voided Musk’s 2018 compensation package, valued at over $50 […]
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