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Cava stock jumped on Wednesday after the fast-growing Mediterranean chain posted stronger-than-expected sales, traffic and earnings growth. Cava Group revenue growth was the fastest since the third quarter of 2024, while same-store sales growth was the best in a year. Restaurant Dive said that Cava's traffic and sales trends "far outpaced its fast casual rivals," noting that Sweetgreen and Wingstop posted some of their worst-ever comparable-store sales gains in Q1.

US equity indexes rose ahead of Nvidia's (NVDA) quarterly earnings and minutes of the Federal Reserv

Peter Orszag, CEO of Lazard, joins Dani Burger on "Bloomberg Deals." NextEra Energy's $67 billion deal for Dominion Energy vaults Lazard several steps up in the closely watched Wall Street league tables. The deal shores up Lazard's long-time reputation as a go-to adviser on big deals.

For most of the past two years, investors have focused on the stock market’s resilience. The S&P 500 kept climbing, artificial intelligence spending exploded, and traders repeatedly bet the Federal Reserve would ride to the rescue with lower interest rates. But while equities grabbed the headlines, the bond market quietly started delivering a much darker ... The Bond Market Just Handed U.S. Taxpayers $2 Trillion in Bad News

Investors are watching closely for signs of consumer strength in an uncertain economy

The parent of T.J. Maxx, Marshalls and HomeGoods delivered another set of strong sales and earnings results, with profit helped by hedges against rising fuel prices. Net income rose 28.6% to $1.3 billion compared with the same period last year, partially due to fuel hedges that insulated the company from rising gas prices due to war with Iran. The company said on a conference call with investors that it expects fuel prices to remain at current levels for the balance of the year, which means the hedges won’t give profits the same boost in the remaining quarters.

European stock markets closed higher in Wednesday trading as the Stoxx Europe advanced 1.46%, German

HAS beats Q1 EPS and revenue estimates as MAGIC: THE GATHERING and Monopoly Go! fuel Wizards' growth despite weaker Entertainment.

By Jonathan Stempel NEW YORK, May 20 (Reuters) - A U.S. appeals court on Wednesday rejected a whistleblower's claim that Amazon.com helped foreign fur manufacturers evade tariffs on products sold on

CIBC Capital Markets on Tuesday revised its 2027 adjusted earnings estimate for SSR Mining (SSRM.TO,

Elon Musk's rocket company is reportedly targeting one of the biggest public listings ever.

Meta CEO Mark Zuckerberg told employees in an internal ‌memo on Wednesday that he does not expect more ‌company-wide layoffs this year, according to a copy of the memo ​seen by Reuters. He made the announcement on the same day the Facebook owner carried out a massive restructuring of the company, laying off 10% of its workforce globally and ‌transferring 7,000 other ⁠employees to new initiatives related to AI workflows. The changes are part of a far-reaching overhaul taking place at Meta this year, as the company surges its AI investments in a bid to center AI ‌agents in both its product offerings ​and its approach to work ​internally.

All three major US stock indexes were up in late-morning trading Wednesday, a day after a jump in lo

Intel Corp (NASDAQ:INTC, XETRA:INL) shares moved higher on Wednesday following reports that the company has shown early-stage interest in acquiring AI-chip startup Tenstorrent. According to Bloomberg, Tenstorrent has been working with investment banks to evaluate strategic options and has...

Just a few months ago, we shared our refreshed strategy and vision for Target at our financial community meeting here in Minneapolis. Delivering on our aspiration to be the most delightful shopping experience in retail means executing this strategy clearly and consistently.

Home Depot (HD) is facing headwinds of stalled housing turnover and a weak cost and demand outlook,

Investing.com -- Upcoming first-quarter earnings from software companies are unlikely to be the catalyst for a broad re-rating of the software-as-a-service sector, Morgan Stanley said, even if results come in ahead of expectations.

Inflation isn’t killing consumer spending—it’s evolving it. Follow the money flow to see the structural shift moving billions into resale, repair, and discount giants. American consumers are rerouting their spending rather than pulling back. With University of Michigan sentiment at 48.2, the savings rate down to 3.6% from 5.1% in early 2025, and energy prices ... The Selective Shopper’s Portfolio: 6 ETFs Positioned for the Circular Economy Shift

As I mentioned last quarter, our data center and ATE businesses are taking advantage of strongAI-driven infrastructure investments. Another robust growth market for ADI is our aerospace and defense business, which reached a new revenue high this quarter, and where increased focus on national sovereignty concerns is accelerating an already strong multiyear growth path.

The TJX Companies tops fiscal first-quarter earnings and sales estimates, driven by strong comparable sales growth and margin expansion across its retail divisions.

LONDON, May 20 () - Google < GOOGL.O> said it had rejected a request from two British unions for voluntary recognition but ‌would negotiate with them via a state-backed conciliation service, ‌delaying a potential statutory process that could force recognition.

LONDON, May 20 (Reuters) - Google < GOOGL.O>  said it had rejected a request from two British unions for voluntary recognition but would negotiate with them via a state-backed conciliation service,

Shares of Target fell sharply Wednesday morning after executives struck a cautious tone on the company's quarterly conference call, reversing premarket gains fueled by an early morning earnings report showing its biggest sales gain in years. “While consumers have proven to be resilient so far, sentiment has been declining recently and we're keeping a close eye on their spending behavior,” Target Chief Financial Officer Jim Lee said. Executives also noted that results in the current quarter will suffer in comparison to the same period a year earlier, when sales got a boost from the release of the new Nintendo Switch gaming console.

Target (NYSE:TGT) reported stronger-than-expected first-quarter results for fiscal 2026, with executives saying early merchandising and operational changes are beginning to resonate with shoppers, while cautioning that the company remains in the early stages of a broader turnaround effort. Chief Ex

Lowe's Companies (NYSE:LOW) reported a modest comparable sales gain in its fiscal first quarter, with executives pointing to stronger spring execution, continued demand from professional customers and growth in online and home services as offsets to a still-pressured do-it-yourself market. The home

Analog Devices (NASDAQ:ADI) reported record fiscal second-quarter 2026 results, with revenue, profitability and earnings per share exceeding the high end of the company’s prior guidance, executives said on the company’s earnings call. Chief Executive Officer and Chair Vincent Roche said the quarter

Waymo's vehicles are getting safer every day.