This story was To receive daily news and insights, subscribe to our free daily QSR AM Jolt. Papa Murphy's is headed for more closures Parent company MTY Food Group told investors during the company's Q2 earnings call that it expects to shutter 68 underperforming cor
Oppenheimer lowers its Netflix price target by $20 days before the company reports second-quarter results on Thursday. Oppenheimer reduced its price target for Netflix shares from $120 to $100 on Monday, just three days before the streaming giant releases second-quarter ea
A new proposal could expose 90 million Americans to private equity in retirement accounts, despite trailing S&P 500 returns. The Department of Labor proposed a rule on March 30, 2026, creating a safe harbor for 401(k) plans to include private equity, private credit, and ot
Investors demand a clean beat on revenue and net interest income to justify the bank's recent stock rebound from 52-week lows. Wells Fargo’s stock has recovered from 52-week lows but faces critical earnings on Tuesday, following two consecutive disappointing quarters. Anal
The South Korean chipmaker raised $26.5 billion in a record U.S. share sale, signaling renewed Asian tech interest in Wall Street listings. SK Hynix completed the largest-ever U.S. listing by a foreign company, raising $26.5 billion through the sale of 177.9 million Americ
Bank of America forecasts 50%-100% growth in AI-related analog chip sales this year amid rising data center power needs. Analog chipmakers, which manage power flow in AI infrastructure, are gaining traction as demand for data center power management grows. Bank of America
Key Points - First Hawaiian and TriCo Bancshares agreed to merge in an all-stock deal valued at about $2 billion, creating a combined bank with roughly $34 billion in assets. First Hawaiian shareholders would own about 65% of the new company, while TriCo shareholders would
Argan (NYSE: AGX) stock rose an incredible 154.9% in the first half of 2026, according to data from S&P Global Market Intelligence. It's a great run driven by the company's importance in the electrification trend in the economy, ultimately led by investment in AI data cent
T. Rowe Price Group (TROW) stock plunged after the asset manager reported net outflows for the quarter ended June 2026 The Baltimore, Maryland-based company's net outflows totaled $6.5B for the second quarter, reflecting $0.5B of manager-driven distributions. Shares
Bank of America trades at 13x forward P/E with a $66 target, while Morgan Stanley surges 59% above consensus and JPMorgan nears 52-week highs. Bank of America (BAC) screens as the most attractive of the three major banks at $59.67, trading at 13x forward P/E with a $66 ana
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