The fast-casual bowl boom is over. Wall Street isn’t sold on Cava, Chipotle deals to lure back spenders
As sales at Chipotle, Cava and Sweetgreen fall, fast-casual chains are turning more to promotions and loyalty programs to get Gen Z spending on bowls again.
These are the most oversold stocks in the market that are ripe for a near-term bounce
We used the CNBC Pro stock screener to find stocks that have a 14-day relative strength index (RSI) below 30, leaving them technically oversold.
Western leaders at G20 say U.S. plan a basis for peace in Ukraine, but it needs work
European and other Western leaders said on Saturday a U.S. peace plan was a basis for talks to end Russia’s war in Ukraine but needed “additional work.”
New IRS reporting requirements will make a classic crypto ‘tax cheat’ risky starting with 2025 return
A new IRS requirement covering crypto transactions starting with the 2025 tax year has big consequences for how investors report digital assets transactions.
Trump on Marjorie Taylor Greene’s resignation: She ‘went BAD’
Rep. Marjorie Taylor Greene on Friday said she would resign in early January, after saying President Donald Trump unfairly criticized her.
Activist Ananym Capital sees upside if Baker Hughes spins off its oilfield services business
Ananym said it expects a potential separation could result in an about 51% immediate upside through realizing Baker’s sum of parts valuation.
The dividend yield on the S&P 500 is the lowest since the dotcom bubble
The yield on the S&P 500 is at 1.15%. The only time it sank lower was during the tech bubble, Trivariate Research said.
Trump claims California’s $20 fast-food minimum wage hurts businesses. The truth is a lot more complicated
The restaurant industry predicted disaster after California instituted a $20 minimum wage for fast-food workers, but data shows that hasn’t happened.
This week in AI: Brushing off new bubble warnings, Google’s AI comeback and Nvidia’s China threat
This week, volatility took hold of the AI trade as bubble fears continued and Nvidia’s blowout earnings failed to steady the market. Deirdre Bosa has the story.
Does Berkshire’s big tech bet signal a new risk tolerance in Omaha?
Berkshire Hathaway’s purchase of Alphabet shares may signal a new acceptance of greater risk for greater reward.