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.
Co-founder and CEO of Rad Intel, Jeremy Barnett, joins Cheddar anchor Dave Briggs to discuss the influencer marketing space and how RAD is changing the game.
Houseplant Founders Seth Rogen and Mikey Mohr joined anchor Dave Briggs to discuss the changing culture around Cannabis and their smoke-ware brand Houseplant.
Julie Bowen joins anchor Dave Briggs to discuss the What's App ad with a few Modern Family reunions, her most recent spooky role, Xiidra, and Happy Gilmore 2.
Welcome to the new age, where Big Tech runs AI on tiny nuclear plants! Plus, banks make bank, the best kind of cancel culture and the wealth gap explained.