Tesla rises after President Donald Trump says he struck a deal to set 15% tariffs on goods from the European Union, including automobiles.
3 minute read
Net income at Tesla falls 16% in the second quarter, while Alphabet says quarterly cloud revenue jumped 32%.
Long Read
Shares in the real estate tech company and doughnut chain have swung wildly in recent days.
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The company has introduced various items this year as it attempts to arrest a decline in customer traffic.
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Much of Chipotle’s revenue growth was driven by footprint expansion. Same-store sales for existing restaurants, however, declined 4% from a year ago.
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General Motors tops earnings estimates but the stock falls, and Lockheed Martin stock declines after the defense contractor’s earnings included charges of $1.7 billion that took Wall Street by surprise.
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Sarepta says it will continue to ship Elevidys despite FDA requests that it stop shipments of the Duchenne muscular dystrophy gene therapy, while Verizon tops earnings expectations and raises 2025 guidance.
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The market is once again favoring so-called high-beta stocks, those with bigger-than-average price swings. Investors might do better by focusing elsewhere.
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An uncertain economy and intensifying competition pose a threat to shares, Jefferies says.
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Second-quarter earnings per share came in at $2.12 on revenue of $22.7 billion, topping analysts expectations.
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Jefferies downgraded shares of the deliverer of food and groceries to Hold from Buy.
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The pandemic ushered in a dangerous new era for the restaurant industry, and not all players are positioned to prosper, according to a Monday report from Melius Research.
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Brazil is the largest coffee exporter to the U.S., accounting for 22% of the total in 2024.
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The average price of a 64-ounce container of orange juice rose 8.5% to $4.48 compared with last year, based on 2025 data from Datasembly.
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Eating habits can provide subtle clues to how consumers are feeling about the economy and their own financial health.
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The Chinese coffeehouse is hoping it can create buzz for its brand in the Big Apple.
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Bankruptcies have left the casual dining scene to a group of best-of-breed companies, from Brinker International’s Chili’s to Texas Roadhouse, Darden Restaurants, and maybe even Starbucks. A warning: anti-obesity drugs aren’t going away.
Long Read
UBS analyst Dennis Geiger has a Buy rating on McDonald’s stock with a $350 price target.
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Tesla stock slips. CEO Elon Musk previously said the company’s launch of its robo-taxi service in Austin, Texas, was tentatively scheduled for Sunday, June 22.
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Chili’s parent company has thrived under Kevin Hochman. Maybe it’s the stretchy mozzarella.
1 minute read
Across critical sectors, business owners say fear of arrest is driving both undocumented laborers—and legal immigrants—to stay away from worksites.
Long Read
Tesla stock extends gains as it appears the feud between CEO Elon Musk and President Donald Trump is cooling, while GameStop is scheduled to report first-quarter earnings Tuesday.
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Drugs like Ozempic pose one of the most critical threats to the restaurant chain’s business, Redburn Atlantic says.
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Morgan Stanley downgraded McDonald’s stock to Equal-Weight from Overweight, and trimmed its price target to $324 from $329.
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The company has contended with fierce competition and sluggish growth in China.
3 minute read