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Shake Shack stock drops 30% after unexpected sales decline

Shake Shack stock drops 30% after unexpected sales decline

Shake Shack’s shares dropped by 30% on Thursday. The company pointed to unfavorable weather, rising beef costs, and a fall in tourism as reasons for their underwhelming performance. The New York City-based burger chain didn’t meet Wall Street’s revenue and profit expectations for the quarter ending April 1. They reported a loss of $290,000, contrasting […]

Whirlpool’s stock falls 20% as the appliance leader indicates that consumer confidence is at ‘recession level lows’ due to the Iran war.

Whirlpool's stock falls 20% as the appliance leader indicates that consumer confidence is at 'recession level lows' due to the Iran war.

Whirlpool’s stock dropped over 20% after the company reported a significant decline in consumer confidence, attributing it to recession-like conditions, which have led to decreased demand for large appliances amid the ongoing war in Iran. In the first quarter, Whirlpool, which produces brands like Maytag, KitchenAid, and Amana, experienced a 9.6% drop in sales. This […]

Midday stock movements: AMD, Corning, Arm Holdings, Cencora, Uber, and others

Midday stock movements: AMD, Corning, Arm Holdings, Cencora, Uber, and others

Stocks to Watch in Intraday Trading Here’s a look at some notable stocks that caught attention during intraday trading. Arm Holdings — The British semiconductor design company saw its shares rise approximately 13% on the Nasdaq as investors anticipated its upcoming earnings report, set to be released after trading ends on Wednesday. UBS analyst Timothy […]

Disney stock rises 8% as new CEO’s growth plan energizes investors

Disney stock rises 8% as new CEO's growth plan energizes investors

Josh D’Amaro, the new CEO of Walt Disney Co., outlined the company’s strategy on Wednesday. His focus remains on maintaining creative excellence, enhancing the streaming service, capitalizing on live sports, and continuing investment in theme parks and cruise lines. “Improving the consumer experience and fostering engagement are still our priorities, as we aim for a […]

Significant premarket stock movements: AMD, Disney, Uber, Arista Networks, Super Micro Computer, and more

Significant premarket stock movements: AMD, Disney, Uber, Arista Networks, Super Micro Computer, and more

Market Update: Major Pre-Market Moves Here’s a look at some companies experiencing significant pre-market activity: Advanced Micro Devices (AMD) — Shares jumped by 18% after the chipmaker offered robust projections, anticipating second-quarter sales of $11.2 billion, which is $300 million higher than analysts’ estimates. Their first-quarter results also surpassed expectations. Supermicrocomputer — The server manufacturer […]

Micron Stock Reaches 52-Week Peak: Should You Take Profits or Invest More?

Micron Stock Reaches 52-Week Peak: Should You Take Profits or Invest More?

Key Highlights Micron Technology (MU) reached a 52-week high of $592.77 on May 4, showing a year-to-date increase of 102.7%, surpassing its tech sector counterparts. The company reported second-quarter revenue for 2026 at $23.86 billion, marking a 196% rise, and non-GAAP earnings per share (EPS) at $12.20, reflecting a substantial increase of 682%. Micron indicated […]

Only one software stock remains on Josh Brown’s Best Stocks list.

Only one software stock remains on Josh Brown's Best Stocks list.

The Best Stocks in the Market Update As we celebrate the Kentucky Derby this weekend, let’s take a moment to look at some stock updates that are making waves. Last week, Casey’s General Stores (CASY) was admitted into the S&P 500 index, effective April 9, taking the place of Hologic. We predicted this change back […]