Shake Shack Inc
Ahead of retail earnings, here’s what we know about the consumer so far
A customer walks through The Home Depot store on February 20, 2024 in Austin, Texas. Brandon Bell | Getty Images The state of the consumer in 2024 is already taking shape — even before the country’s major retailers begin to report first-quarter earnings, starting with Home Depot and Walmart next week. There are signs that […]
Read More
Shares producing the major moves midday: Apple, Peloton, Wayfair, Carvana and extra
Check out out the firms creating headlines in midday investing: Apple — Shares ticked up about 2% forward of the Iphone maker’s next-quarter outcomes due after the closing bell. Peloton — Shares dropped 13% after the work out gear business announced Thursday that CEO Barry McCarthy will be stepping down and that the enterprise will […]
Read More
Shares producing the largest premarket moves: Peloton, Carvana, Cigna, Qualcomm and a lot more
Check out out the businesses generating the major moves in premarket buying and selling: Peloton Interactive — Shares climbed 15% immediately after the conditioning business announced CEO Barry McCarthy will step down whilst it seeks a permanent CEO. Peloton also set a restructuring system that will reduce 15% of its staff, or about 400 workforce. […]
Read More
Most people on weight loss drugs are spending less on restaurants and takeout, survey says
A food delivery messenger carries a take out bag outside aSweetgreen in Manhattan on September 14, 2023. Jeenah Moon | The Washington Post | Getty Images A highly popular group of weight loss and diabetes drugs is decreasing some consumers’ appetites — and also how much they spend on food. Most people taking those medications, […]
Read More
Shares creating the largest moves midday: Cisco Programs, Twilio, Tremendous Micro Personal computer and a lot more
Check out out the corporations making headlines in midday investing. Cisco Techniques — The tech firm’s shares dropped 4.4% just after it posted declining fiscal second-quarter profits. Cisco also issued a lighter-than-expected forecast for the third quarter and declared a downsizing prepare that would guide to a 5% reduction in careers . Twilio — The […]
Read More
Shake Shack stock surges 20% on fourth-quarter profit, strong 2024 outlook
The Chicken Shack sandwich from Shake Shack. Shake Shack Shares of Shake Shack surged 20% Thursday morning after the burger chain delivered strong fourth-quarter earnings results. With Thursday morning’s gains, the stock reached a new 52-week high of $95.80 and is up more than 50% in the last twelve months. Stock Chart IconStock chart icon […]
Read More
Inventory futures rise a little bit as marketplace rally seeks to regain momentum: Are living updates
Inventory futures rose Thursday as Wall Street looked to build on a modest rebound with key economic info on deck. Futures tied to the Dow Jones Industrial Typical ticked up 53 details, or .1%. S&P 500 futures were .1% greater together with Nasdaq-100 futures. Stocks rallied on Wednesday but did not erase all of the […]
Read More
Stocks making the biggest moves midday: Amazon, Apple, Block, Tupperware and more
Amazon workers sort packages for delivery in New York, July 12, 2022. Michael M. Santiago | Getty Images News | Getty Images Check out the companies making headlines in midday trading. Amazon — The e-commerce giant surged 10% after delivering a massive profit beat and positive guidance. Amazon’s cloud and ad businesses also reported better-than-expected […]
Read More
Chipotle signs first-ever franchise partner to open locations in the Middle East
Chipotle logo is seen near the restaurant in Chicago, United States on October 19, 2022. Jakub Prozycki | Nurphoto | Getty Images Chipotle announced Tuesday it has signed an agreement with Kuwait-based Alshaya Group, its first-ever franchise partner, to open locations in the Middle East next year. Chipotle currently has just over 50 locations in […]
Read More