These stocks soared up to 12% after inflation cooled

Amid the euphoria following what appeared to be the first sign of slowing inflation, stocks staged a broad rally on Aug. 10, with dozens of large-cap stocks rising 5% or more. Those included several tech names that investors loved during the early stages of the coronvirus pandemic, along with cruise lines, credit-card lenders and chip-related … Read more

Starbucks Corp. stock rises Wednesday, still underperforms market

Shares of Starbucks Corp. SBUX, +1.94% rallied 1.94% to $86.49 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX, +2.13% rising 2.13% to 4,210.24 and the Dow Jones Industrial Average DJIA, +1.63% rising 1.63% to 33,309.51. The stock’s rise snapped a four-day losing … Read more

Bok Building set to open new rooftop soccer field, retail outpost this spring

The Bok Building in South Philadelphia is set to welcome its only sports-themed tenant this fall, as the U90 Soccer Center prepares to open the city’s first rooftop soccer field. This is the company’s first venture outside of New York, where it primarily focuses on its community sports center and retail space in Queens. When … Read more

Disney Reports Earnings Surge, Reduces Long-Term Forecast for Disney+ Subscribers

Walt Disney reported a 26% jump in revenue and more new customers than expected to its streaming service Wednesday, but it lowered the bar for anticipated future growth at its Disney+ streaming service. Chief Financial Officer Christine McCarthy on the company’s call with analysts ratcheted down its forecast for Disney+, saying it now expects to … Read more

McDonald’s Customers Love Salads—Who Knew?

When McDonald’s corp. ditched salads to simplify its menu at the start of the pandemic, many restaurant operators rejoiced. The hand-assembled mĂ©lange of greens was cumbersome to make. Diners wouldn’t miss it, they thought, as they imposed the menu change.

IRobot, DraftKings, Zillow, Lyft, AMC, and Other Stock Market Movers

Text size Corporate earnings were the main factor driving moves in individual stocks early on Friday. The (Photo by Spencer Platt/Getty Images) Stock futures were lower Friday as investors responded to news that hiring in July was far stronger than expected. Dow Jones Industrial Average futures were down 0.4%, S&P 500 futures were off 0.7%, … Read more

Chipotle Mexican Grill Inc. stock outperforms market on strong trading day

Shares of Chipotle Mexican Grill Inc. CMG, +1.04% advanced 1.04% to $1,600.78 Friday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA, +0.23% rising 0.23% to 32,803.47 and the S&P 500 Index SPX, -0.16% falling 0.16% to 4,145.19. Chipotle Mexican Grill Inc. closed … Read more

AMC Entertainment Plan’s ‘APE’ Preferred Stock Dividend. Shares Slide After Earnings.

Text size Investors will receive a preferred share for each share of common stock they own. Jeenah Moon/Bloomberg AMC Entertainment is finally giving the “apes” what they want. The movie-theater company paired its second-quarter earnings report with news that it’s giving shareholders a special dividend of AMC Preferred Equity Units. The AMC preferred shares will … Read more

Stocks Rise on Services Data, Earnings

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Airbnb Swings to Profit as Rentals Remain Strong Despite Inflation Pressure

Updated Aug. 2, 2022 6:21 pm ET List two articles (2 minutes) Airbnb swung to a profit in the second quarter on the back of strong revenue, as people continued to book suburban rentals despite hosts raising prices. But the company issued a weaker-than-expected outlook that overshadowed otherwise strong results. Its stock retreated over 9% … Read more