"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.
As real estate is reshaped by AI and affordability pressures, Malte Kramer, CEO and Founder of Luxury Presence, explains how agents adapt, scale, and win.
Global markets hit a turning point as Michael Spence, Nobel Prize–winning economist and Professor Emeritus at Stanford University, assesses risks and growth.