"The Long and The Short" hosts Kristen Scholer and Tim Stenovec discuss today's top headlines. Shares of Snap climbing after Barclays upgraded the stock with a price target of $18, up from $11. The investment bank says the camera company could hit a "turning point" next year.
Plus, the dollar menu is back! McDonald's shares rise after the company ramping up the fast-food pricing wars. The Golden Arches also got an upgrade from Jefferies because its "use of data and technology should attract a higher multiple over time."
And after J.Jill reported better-than-expected earnings on Tuesday morning, shares flew off the racks in pre-market trading. The CEO attributes the uptick in sales to aligning product more with customer demand.
Bob Sallmann, CFO of McGraw Hill, breaks down the quarter’s standout performance, digital expansion, and how AI tools are driving education innovation.
Daniel Desrochers, International Trade Reporter at POLITICO, joins us to break down the ruling, the billions at stake, and what it means for consumers.
