Hospitality
Delta Forecasts Strong Q4 Revenue but Cuts Full-Year Profit Outlook
Airline expects fourth-quarter sales to top Wall Street estimates as revenue momentum offsets pressure from sharply higher fuel costs Delta...
DraftKings Shares Rise After Bank of America Upgrades Stock to Buy
Sports betting operator gains as analyst upgrade and upcoming NBA and NHL seasons boost investor optimism DraftKings (DKNG) shares traded...
CAVA Delivers Another Strong Quarter as Expansion and Traffic Fuel Growth
Mediterranean fast-casual chain reports 31% revenue growth while expanding its national footprint CAVA Group (CAVA) continued its impressive growth trajectory...
AMC Delivers Best Quarter in 106-Year History as Moviegoers Return to Theaters
Record revenue, strong earnings, and blockbuster releases fuel a major comeback for the iconic theater chain AMC Entertainment (AMC) delivered...
Wendy’s Becomes Latest Meme Stock Sensation as Retail Traders Fuel Massive Rally
Fast-food giant surges despite lack of news, highlighting the continued power of social media-driven investing Wendy’s Co. (WEN) has emerged...
People Inc. Moves to Acquire MGM Resorts in $48.30 Per Share Offer
Barry Diller-backed proposal highlights confidence in MGM’s long-term asset value and growth potential Barry Diller’s People Inc. has made a...
Cava Group Delivers Strong First Quarter as Revenue Growth Surpasses Expectations
Mediterranean restaurant chain posts double-digit sales growth and beats Wall Street earnings estimates Cava Group (CAVA) delivered stronger-than-expected first-quarter financial...
Carvana Stock Jumps on 5-for-1 Split Announcement
Investor enthusiasm builds as share accessibility and liquidity take center stage Shares of Carvana (CVNA) moved higher after the company...
Starbucks Beats Earnings Expectations, Signals Progress in Turnaround Strategy
Strong quarterly results and improving sales trends boost investor confidence under CEO Brian Niccol Shares of Starbucks (SBUX) moved higher...
Air Taxis Take Flight in New York City
Joby Aviation’s eVTOL demonstration marks a major leap toward urban air mobility Flying air taxis are no longer a distant...
