Jersey Mike's profits shot up last year, though the sandwich chain said that sales growth has been mixed in recent months as it gears up for a potential public offering this year. The New Jersey-based sub sandwich maker said Thursday in its initial registration filing that net income jumped to $55 million in its 2025 fiscal year, up from $5 million the year before, due to more royalties and lower founder-related discretionary expenses. New marketing and a chicken salad offering have helped in June, the chain said.
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Ed Elson and tech reporter Alex Heath spent a recent segment of Prof G Markets arguing about the same set of facts and reaching almost opposite conclusions. Elson thinks OpenAI is a company drifting sideways while leaks about an IPO pile up. Heath thinks the leaks are the story, and most of them are being ... Is OpenAI’s IPO a Hot Mess or Just Media Noise? Two Reporters Can’t Agree
The first major humanoid robotics company just went public. Agility Robotics completed its public debut through a merger with SPAC Churchill Capital Corp XI, and the supply-chain names that feed the robotics buildout are already moving. The clearest tell: Ouster (NASDAQ:OUST) has run 149.86% year-to-date, with a 13.43% gain on June 30 alone. The names ... The First Major Robotics IPO Is Here: 5 Robotics Stocks That Could Run in the Second Half of 2026
Chipotle Mexican Grill (NYSE:CMG) has been removed from certain Russell Top 200 indices following the latest Russell index rebalancing. At the same time, the company has been added to the Russell 1000 Dynamic, Midcap, and Midcap Growth indices. These changes alter how some index funds and other benchmark-aware investors may gain exposure to Chipotle. Chipotle Mexican Grill sits at an interesting point in its market story, with the stock at $35.0 and showing mixed return patterns. Shares are...
Possible deals include a merger of Comcast with Charter Communications, the No. 2 cable and broadband company, or an NBC Universal deal with Netflix.
OpenAI already has a lineup of impressive investors ahead of its eagerly awaited initial public offering. OpenAI has talked about offering a 5% ownership stake to the U.S. government, potentially via a sovereign wealth fund, the Financial Times reported Thursday, citing people familiar with the talks. There would be a couple of potential benefits for OpenAI if the Trump administration were among its investors.
Morning Brief host Brooke DiPalma welcomes Business Insider Today Executive Editor and Anchor Dan DeFrancesco to discuss the timeline for a potential SpaceX (SPCX) IPO, what he expects from the IPO market through the rest of 2026, and what could happen once OpenAI (OPAI.PVT) and Anthropic (ANTH.PVT) hit markets.
The U.S. innovation engine, from the Model T to SpaceX and AI, continues to be a rocket for America's economy. But China is a growing rival.
Hardman Johnston Global Advisors, an investment management firm, issued its investor letter for the Hardman Johnston Large Cap Equity Strategy for the first quarter of 2026. A copy of the letter can be downloaded here. The strategy achieved a return of 0.68% (gross) and 0.57% (net) during this period, in contrast to a -4.33% return […]
SpaceX stock has pulled back after its record-setting IPO. Anthropic, meanwhile, is increasingly facing government scrutiny for its ability to prevent its models from being used maliciously. "They're going to be the 300-pound gorillas in the room," Ross Carmel, a partner at capital markets law firm Sichenzia Ross Ference Carmel, told Investor's Business Daily.
SpaceX is taking the fast lane to inclusion in the Nasdaq-100, but concerns about what it will do to the index may be overblown.
Arguably, the highest-profile forward split of the year is taking place before the opening bell today (July 2).
Mirae Asset Securities followed all required procedures for the SpaceX (SPCX) initial public offerin
Amid merger mania, the largest regional banks could keep swallowing their smaller competitors.
Last month, President Donald Trump said he was weighing options to give Americans an ownership stake in leading AI firms.
(Bloomberg) -- Mirae Asset Securities Co. said it carried out all its work related to SpaceX’s initial public offering in coordination with the lead underwriters on the deal, disputing a Bloomberg News report published June 30.Most Read from BloombergMeta Is Planning a Cloud Business to Sell AI Computing PowerExxon to Change Name for First Time in Decades After RedomicileKrafton Agrees to Pay ‘Subnautica 2’ Bonuses as Developer’s CEO ResignsUS Decides Against Renewing USMCA, Shifting to Rolling
The SpaceX founder and CEO won't be selling his shares any time soon.
In the most recent trading session, Chipotle Mexican Grill (CMG) closed at $35, indicating a +2.94% shift from the previous trading day.
Oruka Therapeutics, Inc. (NASDAQ:ORKA) is one of the Top 10 Hot Stocks with the Highest Upside Potential. On June 23, H.C. Wainwright reaffirmed its Buy rating on Oruka Therapeutics, Inc. (NASDAQ:ORKA) with a price target of $120 on the stock. This update comes after AbbVie announced that it is acquiring Apogee Therapeutics. AbbVie said that […]
SpaceX’s stock slide may be a reason why the ChatGPT and Claude owners should go public before the IPO window shuts.
Datadog has acquired Adaptive ML, an AI startup focused on Reinforcement Learning Operations, to expand its observability and security platform. The deal is aimed at strengthening Datadog's AI research and product capabilities for customers using its monitoring and security tools. Datadog, traded as NasdaqGS:DDOG, is adding Adaptive ML's reinforcement learning expertise to its observability stack at a time when interest in AI driven monitoring is high. The company’s stock has a current...
Investing.com - Netflix Inc (NASDAQ:NFLX) shares are trading up 3.8% at $74.14 on Wednesday, rebounding from near their 52-week low after The Wall Street Journal walked back speculation that the streaming giant was lining up a bid for NBCUniversal following Comcast Corp's (NASDAQ:CMCSA) announced spinoff.
Neon secured rights to Artificial, a Sam Altman-focused OpenAI film previously tied to Amazon MGM.
QNT has soared 45% since its IPO as Wall Street backs its growth story, but investors face key risks before deciding whether to buy.
Wall Street analysts are broadly bullish on SpaceX stock, with the latest from Wedbush saying the company could become a "major hyperscaler."
SpaceX’s stock slide may be a reason why the ChatGPT and Claude owners should go public before the IPO window shuts.
Investing.com -- Fresh off its historic debut on the public markets, Elon Musk’s SpaceX is keeping the momentum going. The newly public aerospace and tech giant has reportedly showcased a prototype AI-interaction device to investors. The hardware, described as sleeker and thinner than an Apple iPhone, marks an ambitious consumer tech play for the company. SpaceX presented the prototype to key stakeholders and institutional investors in a series of private meetings, according to a report from the
OpenAI and Anthropic could burn overeager investors in the same way SpaceX did.
US lifts export controls on Fable 5 and Mythos 5 after Anthropic addresses safety concerns.
SK Hynix builds the memory chips wired into Nvidia’s most advanced AI processors, supplying a component so scarce that customers now reserve production years in advance. This week the South Korean company asked U.S. regulators for permission to list its shares on the Nasdaq for the first time in ...