Shares of Chipotle Mexican Grill (CMG) hit an all-time high today, climbing 7.35% to $3,142 in afternoon trading. The increase comes after the popular burrito chain reported first-quarter earnings Wednesday and outpaced analysts’ expectations in both earnings and sales. Shares now have risen by more than a third over the past year. The company announced that first-quarter revenue increased by 14% from a year ago to $2.7 billion, which was just above analysts’ expectations of $2.68 billion,...
Bad-Loans Hit Record-High As Used-Car Prices Suffer Worst Bear-Market Ever A bear market in the used car market was confirmed in November and has since worsened through April. At the same time, negative equity values are hitting new record highs while auto insurance rates have soared the most since the mid-1970s. While gas prices at the pump are elevated, the environment to operate a vehicle is probably one of the worst ever. Just listen to Gen-Z and millennial users on X bitch and...
Against the backdrop of continued shortages and queues at petrol stations, pump prices are now settling at higher ranges across independent marketers and some major marketers.
Investment firm Bernstein is recommending clients buy Apple stock, and expects issues such as declining Chinese demand for the iPhone to be cyclical, especially with an AI iPhone. Apple is dealing with regulatory pressures and other unknowns Bernstein's position goes against that of JP Morgan, which does expect a boost from AI for Apple, but not until 2026 and the iPhone 17. Morgan Stanley has said that it is bullish about Apple, yet it also downgraded its stock price. Now Bernstein...
PepsiCo, Inc. (NASDAQ:PEP – Get Free Report)’s share price shot up 0.1% on Monday . The stock traded as high as $176.32 and last traded at $175.68. 796,225 shares changed hands during mid-day trading, a decline of 86% from the average session volume of 5,792,084 shares. The stock had previously closed at $175.58. Wall Street […]
Chevron Co. (NYSE:CVX – Get Free Report) was down 0.3% during mid-day trading on Monday . The stock traded as low as $164.69 and last traded at $165.35. Approximately 1,716,490 shares were traded during mid-day trading, a decline of 80% from the average daily volume of 8,392,820 shares. The stock had previously closed at $165.89. […]
BATON ROUGE - Have we done it? Have we finally weathered the storm?The average price for a pound of crawfish in the capital region this weekend is another low for the season: $5.34.With every passing week, it becomes more jarring to look back at the double digits behind the dollar sign from the beginning of the season. As we look ahead to the end of the season, it's all we can do to wonder whether we'll face the same plight next year as we did in February. Barring an extreme drought,...
High-yield savings accounts are about to pull less of a punch. Here's a look at what to do with your savings once interest rates drop.
Walt Disney (NYSE: DIS) recently reported its fiscal second-quarter
Bad Bunny was announced as one of the co-chairs of the Met Gala 2024. Which is a big honor for anyone very famous and very fashion-adjacent. But it also means you're one of the first to cut the ribbon on the Met Gala red carpet, and thus, there comes some added responsibility. Go too quiet, and you'll be eclipsed by the dozens of other fits that'll come after. And Bad Bunny avoided that entirely, because he went into full Tudor prince of chaos mode. Wearing Maison Margiela, which is like high...
Lockheed Martin Co. (NYSE:LMT – Get Free Report)’s share price fell 0.5% during trading on Tuesday . The company traded as low as $464.40 and last traded at $465.25. 135,783 shares changed hands during mid-day trading, a decline of 88% from the average session volume of 1,152,735 shares. The stock had previously closed at $467.55. […]
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