π Read this trending post from Business News π π Category: π Main takeaway: Signs are displayed outside Yum! Restaurant Brands Inc. Taco Bell and Kentucky Fried Chicken (KFC) in Louisville, Kentucky, US, on Thursday, January 30, 2020.Luc Charette | Bloomberg | Getty ImagesYum brands On Tuesday, it reported quarterly earnings and revenue growth, helped by strong demand for Taco Bell and improving U.S. sales of KFC.The restaurant company also announced plans to review Pizza Hut's strategic options. The beleaguered pizza chain has struggled to win customers in recent years. In its home market, pizza fatigue following pandemic lockdowns has…
π₯ Read this insightful post from Business News π π Category: β
Hereβs what youβll learn: Detroit β Rivian Cars It beat Wall Street expectations for the third quarter, as the company reported its second total quarterly profit this year thanks to a joint venture with Volkswagen and its software and services businesses.Here's what Wall Street expected, based on average analyst estimates compiled by LSEG:Loss per share: 65 cents adjusted for. A loss of 72 cents is expectedprofit: $1.56 billion versus $1.5 billion expectedRivian stock rose more than 3% in extended trading Tuesday, after closing down 5.2% at $12.50 a…
π Check out this awesome post from Business News π π Category: β
Key idea: Pedestrians carry bags of kava along Wall Street near the New York Stock Exchange (NYSE) in New York, United States, Monday, August 18, 2025. Michael Nagel | Bloomberg | Getty Imagesreward On Tuesday, it lowered its full-year forecast for the second straight quarter as younger consumers visit its restaurants less.βWhen you look at the different age demographics of fast food, the 25- to 34-year-old consumer seems to be affected a little bit more than others, and fast food tends to focus more on those consumers…
β¨ Discover this must-read post from Business News π π Category: π‘ Main takeaway: Neon signs glow at dusk outside a Papa John's International Inc. restaurant. In Louisville, Kentucky, US, on Friday, May 1, 2015. Papa John's is expected to release its quarterly earnings results after US financial markets close on May 5.Luc Charette | Bloomberg | Getty Imagesshares Papa John's fell 15% on Tuesday after a report that Apollo Global It withdrew its offer to make the pizza chain its own.Reuters reported that the private equity firm backed out of its offer, worth $64 per share, about a week…
β¨ Discover this must-read post from Business News π π Category: β
Key idea: A version of this article appeared in CNBC's Inside Alts newsletter, a guide to the fast-growing world of alternative investments, from private equity and private credit to hedge funds and venture capital. subscription To receive future issues, directly to your inbox.Wealthy individuals have been flocking to alternative assets in recent years, thanks in part to the explosion of evergreen funds, a specific type of fund that is specifically designed to allow for more liquidity. The problem is that the capital that goes into these funds often…
π₯ Discover this awesome post from Business News π π Category: π‘ Hereβs what youβll learn: New Lucid electric cars are parked in front of the Lucid Studio showroom in San Francisco on May 24, 2024.Justin Sullivan | Getty ImagesDETROIT - The challenges facing all-electric vehicle manufacturers are growing Rivian Cars and Lucid Collection As companies try to sell investors a brighter and more profitable future ahead.But things may get worse before they get better, as both automakers are scheduled to report third-quarter results this week, starting with Rivian after the bell on Tuesday, followed by Lucid on Wednesday.The two…
π₯ Check out this trending post from Business News π π Category: π Key idea: A version of this article first appeared in the CNBC Property Play newsletter with Diana Olek. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. subscription To receive future issues, directly to your inbox.Commercial real estate dealmaking faces around 2025, having gained significant momentum following the pandemic. Transactions are still taking place, but have stopped at levels well below pre-Covid levels. The total dollar value of…
π₯ Discover this trending post from Business News π π Category: π Main takeaway: At South Korea's largest theme park, crowds of people wait for hours to be part of the "KPop Demon Hunters" craze.American broadcast giant netflix, Sony Pictures Animation, distributor of the film, has teamed up with Everland Park outside Seoul to create a themed area featuring batting games, dancing and snacks from the film.It's the latest installment of the "KPop Demon Hunters" craze as the film takes Netflix by storm β and provides a boost to the $10 billion K-pop music industry.Netflix said in August that the…
β¨ Discover this must-read post from Business News π π Category: β
Main takeaway: Logos of Danish pharmaceutical company Novo Nordisk, maker of blockbuster diabetes and weight loss treatments Ozempic and Wegovy, appear outside the Thierry building as the company presents its annual report at Novo Nordisk in BagsvΓ₯rd, Denmark, on February 5, 2025. Mads Claus Rasmussen | AFP | Getty ImagesMitsira He said on Tuesday Novo NordiskAmazon biotech's new obesity bid is considered "superior" to its revised bid Pfizerescalating the heated startup conflict between the two pharmaceutical giants. Novo Nordisk's new offer values ββMetsera at up to $86.20 per…
π₯ Read this awesome post from Business News π π Category: π‘ Hereβs what youβll learn: A Pizza Hut store is seen on November 01, 2023 in Austin, Texas. Pizza Hut's third-quarter revenue fell short of analysts' expectations for same-store sales. Brandon Bell | Getty ImagesYum brands It announced on Tuesday that it would explore strategic options for Pizza Hut."The Pizza Hut team is working hard to address business and category challenges; however, Pizza Hut's performance indicates a need for additional actions to help the brand realize its full value, which may be better implemented outside of Yum! Brands," Yum…
