Investors seeking long-term growth potential may want to consider the recommendations of Wall Street experts, who meticulously analyze companies’ financial performance and growth strategies. Domino’s Pizza (DPZ) is one such stock favored by top analysts. Following a strong earnings report in the first quarter, analyst Lauren Silberman from Deutsche Bank reiterated a buy rating on
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In the midst of a broader consumer slowdown impacting the restaurant industry, fast-casual chains like Chipotle Mexican Grill, Wingstop, and Sweetgreen have reported strong sales, largely driven by high-income consumers. While other eateries have experienced a slump in sales and decline in traffic as customers tighten their spending, fast-casual chains have managed to buck the
The art market is experiencing a decline in auction sales as wealthy buyers and collectors take a step back from the frenzied prices seen in recent years. Major auction houses, including Christie’s, Sotheby’s, and Phillips, are projected to have total sales of $1.2 billion for the upcoming two weeks, representing an 18% decrease from last
Chinese electric vehicle maker Zeekr has made headlines with its successful initial public offering (IPO) priced at $21 a share, at the top end of its range. The company is set to sell 21 million American depository shares, raising an impressive $441 million when it begins trading on the New York Stock Exchange under the
Arm, a British chip designer, experienced a drop of over 2% in its shares on Thursday due to disappointing revenue forecasts. Despite a strong sales quarter driven by the surging demand for artificial intelligence applications, the lackluster revenue outlook left investors underwhelmed. Arm reported a stellar fiscal fourth-quarter revenue of $928 million, representing a 47%
The much-anticipated return of Mike Tyson to the boxing ring to fight Jake Paul this summer has already created a buzz among fans. With the bout set to take place at AT&T Stadium in Arlington, Texas, and be streamed globally on Netflix, it is expected to be one of the most heavily bet on boxing
The absence of a Marvel film to kick off the summer movie season in 2024 marks a significant departure from the trend of the past decade. Marvel Cinematic Universe films have traditionally dominated the summer box office, with high-profile releases generating openings of over $100 million. However, this year, the headline film for the summer
Nintendo revealed on Tuesday its intention to unveil the successor to its popular Switch console within the current fiscal year. This decision follows a projection of a significant decline in profit due to the anticipated decrease in sales of the aging Switch console. The new gaming system is expected to be introduced by the end
Former Starbucks CEO Howard Schultz recently shared his thoughts on the challenges facing the coffee chain in light of its disappointing quarterly report. Despite no longer holding an official position at Starbucks, Schultz believes that the company has the potential to recover, especially if it focuses on enhancing its U.S. stores. Schultz emphasized the need
Warren Buffett, also known as the “Oracle of Omaha,” made headlines by cutting Berkshire Hathaway’s gigantic Apple stake in the first quarter. The first-quarter earnings report revealed a significant reduction in the Apple bet, which was valued at $135.4 billion, indicating a decline of around 13% in the stake. Despite the reduction, Apple remained Berkshire’s