Tag: business news
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As bond rout worsens, a trade Wall Street uses to replace them booms in popularity
The options strategy is known as a “box spread.”
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Oracle shares drop on report it sent ‘force majeure’ notice about data center project
Oracle is looking to delay payment on Project Jupiter, if it fails to come online as expected in 2028
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Family offices double down on stocks and private equity even as inflation spurs worry, Citi survey finds
Inflation displaced tariffs as family offices’ top investment concern in 2026, per a new Citi Wealth survey.
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Darden Restaurants stock falls as Olive Garden reports slower growth
Olive Garden’s same-store sales growth has slowed in recent quarters.
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Imax is a must for movie theaters, making the stock a buy, Morgan Stanley says
Imax films have become more in demand at movie theaters, which should give the company’s stock a big boost, per Morgan Stanley.
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Starbucks to shutter about 250 stores in latest round of cafe closures
Starbucks will close about 1% of its North American cafes in the latest stage of its turnaround.
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Meta’s Muse agent has the potential to dominate the AI space, says JPMorgan
The investment bank raised its price target on the social media and AI stock.
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Bentley takes on Ferrari with its first EV priced at $230,000
Bentley CEO Frank-Steffen Walliser says there is “growing” acceptance of EVs among wealthy buyers.
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New York Fed’s Williams says it’s ‘reasonable’ to expect another rate hike by year-end
John Williams was speaking at the London Macro Policy Forum on Thursday.
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Chinese humanoid robotics firm expanding globally in preparation for IPO
The humanoid robotics industry is unlikely to be affected much by existing U.S. chip export restrictions, according to UniX AI, citing its own experience.
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