Cracker Barrel shares fell sharply on Wednesday after the Tennessee-based restaurant-and-retail chain cut its annual revenue forecast and posted weaker-than-expected quarterly results, weighed down by a brief but highly publicised logo controversy and softer store traffic. The company also disclosed a significant drop in earnings, deepening concerns about its turnaround efforts as consumer spending weakens.
The BitMine stock price has suffered a harsh reversal in the past few months as demand for crypto treasury companies waned in Wall Street and as Ethereum retreated from its all-time high. Still, fundamentals suggest that the stock will rebound, and possibly blast past $70, its highest level in October. BMNR stock has crashed from
Supermicro stock (NASDAQ: SMCI) has been an underdog in the server market for a long time. But, with the recent boom in the artificial intelligence space, SMCI has shifted into the heart of the AI supply chain, and if everything goes as expected, the company can generate Nvidia-level performance in 2026. Trading in the mid-$30s
Gold prices edged down ahead of the interest rate decision by the US Federal Reserve later on Wednesday. Meanwhile, silver prices extended its record-breaking rally above the $61 per ounce mark on robust industrial demand and declining inventories. Oil prices were largely steady as investors waited for the outcome of the US Fed’s two-day policy
GE Vernova stock price has had a strong performance after its public market debut in March last year. It has jumped from around $100 to $625, bringing its market capitalization to over $170 billion. So, will the stock continue rising after the company boosted its dividend and guidance? GE Vernova boosted its guidance, dividends, and
Argentina’s newly elected Congress opens special legislative sessions on Wednesday, a potentially decisive moment for President Javier Milei as he seeks to fast-track a range of reforms he says are needed to steer the country on a better economic path. This comes just after the midterm elections in October, where the ruling party, La Libertad Avanza,
Battery storage systems (BESS) are poised for significantly higher profits across Europe, with Rystad Energy analysis suggesting potential increases of over 15% in some countries. The positive shift follows changes to the European Union’s (EU) power pricing structure introduced in October, making the economics of BESS projects much more attractive. The European Union’s updated power
Europe is dealing with a full spectrum of political and economic flashpoints today. Musk’s X is in open confrontation with the EU after a major transparency fine, London is pushing deeper into high-stakes trade talks in Washington, and Ukraine is resisting US pressure over a contentious peace framework. Meanwhile, farmers across Greece are bringing the
Nvidia stock moved higher on Monday, beginning a week in which investor sentiment may be shaped heavily by an upcoming earnings report from artificial-intelligence chip rival Broadcom. Nvidia rose 0.4% to $183.07, though the stock remains down 8.4% over the past month amid intensifying scrutiny of custom silicon being developed by major technology platforms. The
Apple’s senior leadership ranks are undergoing their most significant upheaval in years, even as one of the company’s most influential executives sought to halt speculation about his own future. Johny Srouji, Apple’s senior vice president of hardware technologies and longtime leader of its custom silicon efforts, told employees he has no plans to depart. “I