"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.
Bhavin Shah of ServiceNow discusses how the new Autonomous Workforce AI automates tasks, integrates with Teams and Slack, and boosts workplace efficiency.
Angi is partnering with OpenAI to bring its home services marketplace directly into ChatGPT, allowing users to go from questions to booking local pros.
Tech stocks are rallying on strong earnings and massive AI investment. Investors are watching Nvidia & hyperscaler spending for clues on how long it will last.
