Analyst predicts the ‘mother of all maintenance seasons’ for refineries that have been running at high capacity
Business
U.S. oil-refinery stocks are up roughly 150% this year. How long could this historic run last?
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Chipotle expects modestly higher sales this year as drive-thru ‘Chipotlanes’ come to more stores
The fast-casual chain says menu-price increases helped results. It also noted rising beef costs and “higher protein usage” as people try to find ways to pack more protein into their diets.
Business
Microsoft Stock Climbs 5% as AI Spending Undershoots: Is Wall Street Rewarding Restraint?
Microsoft stock climbed nearly 5% after beating forecasts and spending $6.6 billion less than Wall Street expected. The post Microsoft Stock Climbs 5% as AI Spending Undershoots: Is Wall Street Rewarding Restraint? appeared first on BeInCr…
Business
Tokenized Stocks Hit $3.84B as Apple, Microsoft Move Onchain
The tokenized-equity market has climbed to roughly $3.84 billion as major U.S. stocks increasingly move onto public blockchains. Base is putting companies including Apple, Alphabet, Microsoft, and Amazon onchain, turning earnings season in…
Business
ServiceNow’s stock slides as earnings miss clouds a raised AI outlook
Even with an uptick in multi-million-dollar AI deals, ServiceNow’s earnings results weren’t enough to win over software skeptics