Shares of Hong Kong-listed casino company Wynn Macau 1128, -2.26% fell in early Asian trade Thursday after the company reported a third-quarter loss and as COVID-19 cases continue to rise Read more
Tag: restaurants
Opinion: A slew of catalysts for a stock market rally are converging at the same time
Midterm elections are great for the stock market, regardless of who wins. But the divided government that came out of this year’s is even more bullish. Compelling seasonal factors are Read more
Sports-betting measures Prop. 26, Prop. 27 on their way to losing big in California
Voters in California appeared to have soundly rejected dueling sports-betting initiatives, which together raised more than $400 million, on Tuesday. Proposition 26, put forth by many of the state’s Native Read more
Sweetgreen stock wilts as results, outlook disappoint
Sweetgreen Inc. shares fell in the extended session Tuesday after the locally sourced restaurant chain missed Wall Street expectations for the quarter, and warned that revenue will be at or Read more
What are the odds of winning the $1.9 billion Powerball jackpot? Here’s everything you need to know about the lottery drawing.
Have you got your Powerball ticket yet? There’s a record $1.9 billion jackpot at stake in this Monday’s drawing. Here’s what you need to know if you’re going to play, Read more
Here’s how much China stocks still could rally from zero-COVID, say Goldman Sachs strategists
Wall Street stocks are poised for a bounce to start a new week, with politics one spotlight as U.S. midterm elections are set to get under way. Many expect a Read more
New York City proposes strict Airbnb registration rules to take effect in January
New York City is pressing ahead with a long-anticipated crackdown on Airbnb hosts, with officials on Friday proposing a strict new registration system for hosts that will take effect in Read more
Food prices keep rising. Food-company execs are betting Americans will keep paying.
Even as rampant inflation in food prices leaches away consumer spending power and disproportionately affects lower-income consumers, food-company executives and Wall Street analysts believe that Americans will continue to buy Read more
‘Too good to be true?’ Starbucks tops expectations but analysts question sustainability of its growth
As Starbucks’ stock was bumped up 5% in pre-market trading on Friday after posting record fourth quarter revenue that beat expectations, analysts were still skeptical whether the coffee chain can Read more
Starbucks stock rallies as results top expectations, helped by a boost in U.S. sales
Starbucks Corp. on Thursday reported fiscal fourth-quarter results that beat expectations, helped by a boost in U.S. sales, sending shares higher in after-hours trading. The coffee chain reported net income Read more