Hertz Global Holdings Inc: “I want to buy that stock for my Charitable Trust. I’ve actually been thinking about that. With [CEO Stephen] Scherr in your corner, you can’t miss.”
Cramer’s lighting round: Capital One is a tough stock to own going into a slowdown
Business
Walmart expands grocery discount for 1.6 million employees as tariffs renew inflation concerns
Groceries are seen at a Walmart supermarket in Houston, Texas, on May 15, 2025. Ronaldo Schemidt | AFP | Getty Images As tariffs spark worries of higher prices, Walmart is dangling more discounts for its own employees. The largest private U.S. employer said Wednesday that it will offer a 10% employee discount on nearly all […]
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Business
Mediterranean chain Cava lowers forecast after disappointing same-store sales growth
Customers arrive at a Cava restaurant in New York City on June 22, 2023. Brendan Mcdermid | Reuters Cava on Tuesday lowered its full-year forecast for same-store sales growth after a disappointing second quarter. For the full year, Cava now anticipates same-store sales growth of 4% to 6%, down from its prior range of 6% […]
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Business
SpaceX rival AST SpaceMobile prepares to deploy nearly five dozen satellites
Jaque Silva | Lightrocket | Getty Images Satellite designer AST SpaceMobile said it’s preparing to deploy nearly five dozen satellites to power cellular-based broadband networks, a move that establishes the company as a rival to Elon Musk’s dominant SpaceX. The company, based in Texas, released its second-quarter earnings after the bell on Monday, reporting that […]
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