Restaurants

Restaurants
Trade Of The Day

Darden (DRI) Strategic Efforts Bode Well: Should You Hold?

Darden Restaurants, Inc., through its subsidiaries, owns and operates full-service restaurants in the United States and Canada. As of May 30, 2021, it owned and operated 1,834 restaurants, which included 875 under the Olive Garden, 533 under the LongHorn Steakhouse, 170 under the Cheddar’s Scratch Kitchen, 81 under the Yard House, 63 under The Capital […]

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KO could be an interesting defensive play – but is it a bargain?

Over the last few months, much of the commentary we’ve been seeing on market media and among analyst reports have revolved around the “reopening” theme – what stocks you should focus on as business and economic activity starts to shows signs of coming back from the long, pandemic-driven drop we all had to deal with […]

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Domino’s Pizza Shares Surge On Q2 Earnings Beat

Plus, American Airlines and Southwest Airlines both posted second quarter profits on federal aid and surging travel demand, DiDi shares are dropping on reports that Chinese regulators are planning unprecedented penalties for the ride-share giant, and Uber Freight is buying shipping software company Transplace.

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United Airlines Shares Climb Higher After Airline Forecast The Rebound In Travel Will Continue

Plus, Coca-Cola said its second quarter revenue topped 2019 levels, Bitcoin is rebounding, and Ford is partnering with Argo AI and Lyft on an autonomous vehicle fleet.

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Virgin Galactic Shares Jump After Announcing Branson’s First Spaceflight

Plus, the U.S. added 850,000 jobs in June, Tesla reported more than 201,000 deliveries in the second quarter, and DiDi shares are down after China announced a cybersecurity review of the company just days after its IPO.

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Luminar Technologies Shares Pop After Volvo Said It Is Integrating Its Lidar System On A New SUV

Plus, Olive Garden-parent Darden said its same-store sales have nearly returned to pre-pandemic levels, Elon Musk said SpaceX’s Starlink will go public when its cash flow is more predictable, and jobless claims came in above expectations.

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Bitcoin Sell-Off Intensifies With Coin Dropping Below $30,000, Wiping Out Gains For The Year

Plus, GameStop said it raised $1.13 billion through the sale of 5 million additional shares, McDonald’s said it is launching its loyalty program on July 8, and Splunk announced a $1 billion investment from Silver Lake.

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Bitcoin Drops To A Two-Week Low As China Intensifies Its Cryptocurrency Crackdown

Plus, Uber is acquiring the remaining stake in grocery delivery start-up Cornershop, Wingstop is launching its new Thighstop brand, and salad chain Sweetgreen has reportedly confidentially filed to go public.

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Why Traders Say There Is A Buying Opportunity In These 2 Restaurant Chain Stocks Now

An RBC analyst issued an Outperform rating for one under-the-radar restaurant chain this week, but traders say there are 2 better restaurant stock picks now.

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Meme Stocks Go For Wild Ride As Retail Traders Move On To New Targets

Plus, Bitcoin dropped as low as $31,035, Chipotle is raising menu prices as ingredients and labor costs rise, and Ferrari appointed a new CEO.

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Bitcoin Sinks Below $40,000 After China Calls For Crackdown On Mining & Trading

Plus, Apple CEO Tim Cook is testifying in the company’s legal battle with Epic Games today, the U.S. called for a global minimum tax rate of 15%, and Snap is buying WaveOptics for $500 million.

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