Cracker Barrel Old Country Store Inc (NASDAQ: CBRL) $700 million brand overhaul, including a redesigned logo, has sparked backlash from loyal customers and social media critics.According to them, the company is abandoning its country roots. The new logo – stripped of its iconic elderly figure and rustic charm – was…
Berkshire Hathaway Inc (NYSE: BRK.B) – the multinational conglomerate of legendary investor Warren Buffett – is famously US-centric, with households names like Apple, Coca-Cola, and Bank of America dominating its holdings.But nestled among the 36 stocks in its $300 billion portfolio is a lone British name: Diageo Plc (LSE: DGE).…
In a market where capital discipline and shareholder returns are increasingly prized, companies with robust free cash flows and aggressive share repurchase plans stand out.Buybacks not only reduce share count – boosting earnings a share – but also signal management’s confidence in long-term value creation. Unlike dividends, repurchases offer flexibility…
The US government will invest nearly $9 billion into Intel Corp. (NASDAQ: INTC) in exchange for a 9.9% equity stake, marking a rare and extraordinary intervention in corporate America. While the move signals Washington’s determination to revive domestic chip production, analysts warn the cash injection may not solve Intel’s deeper…
The Nasdaq 100 Index struggled as investors awaited Jerome Powell’s speech at the Jackson Hole Symposium. The hope among investors was that he would deliver a hawkish statement because of the recent inflation data.In his speech, he delivered a dovish tone that hinted towards interest rate cuts in the upcoming…
The Hang Seng Index continued its strong rally last week and was hovering near its highest swing since November 2021. It has jumped to a high of $25,330 on Friday, up sharply from a low of $14,627, its lowest swing in 2022. The Hang Seng Index will react to new calls…
A broad selloff in heavyweight tech stocks at the start of the week abruptly reversed after US Federal Reserve Chair Jerome Powell delivered a speech that bolstered expectations of a September interest rate cut. Speaking at the Jackson Hole Economic Policy Symposium, Powell took a more dovish tone than investors…
Statistics Canada released July’s consumer price index (CPI) data on Tuesday (August 19). The figures show that inflation decelerated in the month, posting a 1.7 percent year-on-year gain, down from the 1.9 percent recorded in June. The most significant contributor to the fall was a 16.1 percent decline in gasoline…
PDD stock price jumped above a key resistance level as investors waited for its results on Monday. It jumped to a high of $127, its highest level since March 24, and 45% above its lowest point in 2024. This article provides a forecast for the stock before earnings.PDD Holdings to…
ROCHESTER, Minnesota, Aug 22 (Reuters) – U.S. farmers will harvest a record corn crop in 2025 after ideal weather across much of the Midwest this summer, but the bounty will fall short of the U.S. government’s lofty outlook as pockets of plant disease and heat stress dented yields in spots…