Cava, Chipotle and other fast-casual restaurant chains are finally hit by consumer slowdown
Cava stock tumbled 16% in afternoon trading on Wednesday, making it the latest fast-casual chain to feel Wall Street's wrath...
Business
New York Attorney General James sues Zelle parent company, alleging it enabled fraud
New York Attorney General Letitia James speaks outside New York Supreme Court in New York City ahead of former President...
Stocks making the biggest moves midday: Paramount Skydance, Cava, Capri, SailPoint and more
Check out the companies making the biggest moves midday: Paramount Skydance — The media giant popped more than 31%, putting...
Walmart expands grocery discount for 1.6 million employees as tariffs renew inflation concerns
Groceries are seen at a Walmart supermarket in Houston, Texas, on May 15, 2025.Ronaldo Schemidt | AFP | Getty ImagesAs...
Stocks making the biggest moves premarket: Cava, CoreWeave, Brinker, Hanesbrands and more
Check out the companies making headlines in premarket trading. Cava — The fast-casual restaurant chain plunged 23.6% after revenue came...
Mediterranean chain Cava lowers forecast after disappointing same-store sales growth
Customers arrive at a Cava restaurant in New York City on June 22, 2023.Brendan Mcdermid | ReutersCava on Tuesday lowered...
SpaceX rival AST SpaceMobile prepares to deploy nearly five dozen satellites
Jaque Silva | Lightrocket | Getty ImagesSatellite designer AST SpaceMobile said it's preparing to deploy nearly five dozen satellites to...
Stocks making the biggest moves midday: Hanesbrands, Mercury Systems, Sonos, Intel and more
Check out the companies making the biggest moves midday: AST SpaceMobile — The satellite company soared 11% after it said...
Stocks making the biggest moves premarket: Hanesbrands, On Holding, Circle, BigBear.ai and more
Check out the companies making headlines before the bell: Hanesbrands , Gildan Activewear — The T-shirt maker surged more than...
Spirit Airlines warns it might not be able to survive without more cash
A Spirit Airlines Airbus A320 taxis at Los Angeles International Airport after arriving from Boston on September 1, 2024 in...
Aaron Rodgers-backed startup aims to be the IMDb for pro athletes
Aaron Rodgers, #8 of the Pittsburgh Steelers, in action during Minicamp at UPMC Rooney Sports Complex in Pittsburgh, Pennsylvania, on...
Swiss sneaker company On beats sales estimates, raises guidance despite Vietnam tariffs
On Running shoes at On's headquarters in in Zurich, Switzerland.CNBCOn sales rose 32% in the Swiss sportswear company's second quarter,...
Sinclair is exploring merger options for its broadcast business
Signage is displayed outside the Sinclair Broadcast Group Inc. headquarters in Cockeysville, Maryland, U.S.Andrew Harrer | Bloomberg | Getty ImagesSinclair,...
ESPN, Fox to bundle upcoming streaming services for $39.99 a month
Philadelphia Eagles wide receiver DeVonta Smith, #6, scores a touchdown during Super Bowl LIX between the Philadelphia Eagles and the...
Stocks making the biggest moves midday: E.l.f. Beauty, Tegna, C3.ai, CoreWeave and more
Check out the companies making the biggest moves midday: E.l.f. Beauty — Morgan Stanley upgraded the beauty brand to overweight...
Ford announces $2 billion investment in Louisville assembly plant aimed at cheap EVs
Ford on Monday announced it would invest $2 billion in a Louisville, Kentucky, assembly plant aimed at rolling out more...
Can Stitch Fix make a comeback? Inside the company's return to growth
Could Stitch Fix be on the path to a comeback? The clothing subscription service, one of the many pandemic winners that's...
AMC shares surge as movie theater chain narrows losses
People walk past an AMC theatre in Manhattan in New York City, U.S., February 25, 2025. Jeenah Moon | ReutersShares of...
Here's what U.S. automakers are saying about Trump's changing EV policies
Tesla electric vehicles at a charging station in Alhambra, California on March 11, 2025. Frederic J. Brown | AFP | Getty...
AI is creating new billionaires at a record pace
Mira Murati, Chief Technology Officer of OpenAI (L) and Dario Amodei,Getty Images | CNBCA version of this article first appeared...
