Portillo’s is a well-known fast-casual restaurant chain in the United States, famous for its Chicago-style hot dogs and sausages, Italian beef sandwiches, burgers, salads, fries, and shakes. The company, with a stock market value of $901M, has been facing challenges in recent years despite its iconic status in the industry. Engaged Capital, a small-cap investor
Investing
The rise of online sports betting has had a detrimental effect on personal finances, especially for those who are already facing financial difficulties. A recent study titled “Gambling Away Stability: Sports Betting’s Impact on Vulnerable Households” highlighted the concerning trend of increased sports betting following the legalization of the activity in 38 states across the
In the world of stock market trading, staying informed about recent activist campaigns is crucial. Elliott Management has been making significant moves in the market, such as buying into Texas Instruments, Southwest Airlines, and Starbucks. While the stock of Texas Instruments has seen a 1.7% increase, Southwest Airlines has witnessed a 4.4% decrease since Elliott’s
As stocks rallied on Monday, the commodity market saw a new high with gold reaching $2,549.90. This surge marked an 8 out of 9 session increase. Gold itself has seen a rise of 4.5% in the past nine days, while silver has performed even better with an 8.4% increase during the same period. The VanEck
The first stock pick by the Street’s top analysts is project management software provider Monday.com (MNDY). With impressive second-quarter results and a raised full-year outlook, the company has caught the attention of investors. In particular, the increase in paid customers with more than $100,000 in annual recurring revenue (ARR) by 49% to 1,009 has been
Investing in equities can be a challenging endeavor, requiring specialized knowledge and guidance. With the rise of social media platforms, particularly TikTok, a new source of investment advice has emerged – finfluencers. These self-proclaimed financial influencers have gained popularity among young investors, who are increasingly turning to them for tips on how to grow their
When it comes to choosing dividend stocks, one company that has caught the eye of top Wall Street analysts is Pfizer (PFE), a health-care giant. The company recently announced better-than-expected second-quarter results, showcasing strong financial performance driven by cost-cutting initiatives and solid sales of non-Covid products. Pfizer raised its full-year guidance, reflecting robust demand for
In the race to secure clean energy to power artificial intelligence, tech companies are increasingly looking to directly connect data centers to nuclear plants. This move has sparked resistance from some utilities over the potential impact on the electric grid. Data centers are essential to U.S. economic competitiveness and national security, especially as the country
E.l.f. Beauty saw a significant increase of 50% in sales in its fiscal first quarter, following a 76% jump in the year-ago period. Despite this impressive growth, the company cautioned about higher costs related to containers and transportation in the future. This led to a mixed reaction from investors, with shares rising during the regular