"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.
Seth Schachner, Managing Director at Strat Americas, breaks down Disney’s Q3 results: streaming profits, parks growth and ESPN rights deal with the NFL.
Kory Kantenga, Head of Economics Americas at LinkedIn, unpacks Friday’s jobs numbers, labor force trends, and signals of a potential economic deal with China.
Bret Kenwell, US Investment Analyst at eToro, joins us to break down tech earnings, what’s driving tech stock momentum, and what investors should watch next.
Citigroup’s Global Chief Economist, Nathan Sheets, breaks down the Fed’s decision to hold rates, Trump’s reaction, and the likelihood of a cut this fall.
Tony Edward discusses Ethereum’s rise, governance of corporate crypto treasuries, the newly signed GENIUS Act, and the pending CLARITY Market Structure Act.
The Ether Machine, led by CEO David Merin, announces a $1.5B SPAC IPO. The firm holds 400K ETH, making it the largest Ethereum treasury holder globally.
