Jack in the Box Jumps, and Darden Raises Forecasts
Shares of Jack in the Box jumped Tuesday morning after the fast-food chain agreed to sell its Qdoba brand. Apollo Global Management will buy the Mexican franchise for $305 million
And Red Lobster parent Darden Restaurants beat estimates for the latest quarter and raised its forecast for next year. The company benefited from increased prices and traffic at its Olive Garden and Longhorn Steakhouse restaurants.
Plus Citigroup raised its price target on Wal-Mart. Hosts Kristen Scholer and Tim Stenovec walk through using the TradeStation platform to set a "limit sell" order to lock in profits.
Chris Versace, CIO at Tematica Research, joins to discuss earnings season trends, Flash PMI signals, Walmart’s strategy updates, and Nike’s evolving outlook.
Andrew Nusca, Editorial Director at Fortune, dives into WhatsApp’s first-ever ads rollout —and how Meta’s ad push intensifies its showdown with OpenAI.
Ben Geman, Energy Reporter at Axios, joins to discuss the latest Middle East tensions, Brent crude price swings, and why gas prices aren’t falling with oil.
Al Root, Associate Editor at Barron's, joins to discuss Tesla’s robotaxis going live in Texas—what it means for autonomy, safety, and the EV race ahead.
Dena Jalbert, M&A expert and CEO of Align Business Advisory Services, on the state of U.S. M&A: deals worth $1–$10 billion (including debt) are surging.
Jeremy Jansen, Head of Supply Chain at Wells Fargo, unpacks the ongoing trade talks between the United States and China as consumers still wonder about tariffs.