Tag Archives: ahead

S&P 500 hits fresh record high ahead of jobs day

S&P 500 hits fresh record high ahead of jobs day

Another closely followed index is set to make a new record close. The S&P 500 equal-weight index (^SP500EW) is on track for its first record-high close since January 2022. While the traditional S&P 500 (^GSPC) is market-cap weighted, meaning a few large stocks have an outsized impact on the index’s performance, the equal-weight index values all 500 stocks in the index equally. As Goldman Sachs equity strategy team highlighted in Yahoo Finance’s Charbook back in January, this led to outsized… Source link

Read More »

Cava has more white space ahead after its stock sailed past all time high: CEO

Cava has more white space ahead after its stock sailed past all time high: CEO

Investors are eating up Cava (CAVA). On Tuesday, shares of the Mediterranean fast casual chain hit a new record of $59.91. Shares are up more than 40% year-to-date, jumping as much as 19% in the last five days after posting a beat on its top and bottom lines for its Q4 results. For comparison, the S&P 500 (^GSPC) is up more than 7% year to date, whereas fast casual powerhouse Chipotle (CMG) is up nearly 20%. For the fourth quarter, Cava’s revenue came in at $177.17 million, versus the $174.09… Source link

Read More »

Confidence or arrogance? Ilia Topuria toes the line ahead of UFC 298 title fight

Confidence or arrogance? Ilia Topuria toes the line ahead of UFC 298 title fight

Ilia Topuria will meet Alexander Volkanovski in the main event at UFC 298 on Saturday. (Cooper Neill/Zuffa LLC) It doesn’t take much to get Ilia Topuria to start telling you what he really thinks. All you have to do is ask and then wait. And honestly? You won’t have to wait long. I found this out recently when I questioned him about his claims that, after he beats UFC featherweight champion Alexander Volkanovski (26-3) at UFC 298 in Anaheim, California, this Saturday, he won’t look to… Source link

Read More »