Customers navigate through the aisles during the Black Friday sales event on Thanksgiving Day at Target in Chicago, Illinois, U.S. November 23, 2017. REUTERS/Kamil Krzaczynski Big-box retailers like Target, Best Buy, and Walmart closed their doors for Thanksgiving Day, giving their employees a day off before the Black Friday rush. However, in most parts of the U.S. it would be legal for these retailers to mandate employees clock in during this holiday, experts say. Thanksgiving, along with 11… Source link
Read More »Sweetgreen shares close 77% higher on IPO day
Sweetgreen (SG) shares closed 76% higher — at $49.50 each — on their first day of trading on the New York Stock Exchange. The salad restaurant chain almost doubled its valuation during its public debut. Shares opened at $52 each after the IPO was priced at $28. Sweetgreen sold 13 million shares, raising $364 million in the initial public offering. The company has been expanding beyond urban areas into suburban communities. It also has a growing online order presence. “We built out a… Source link
Read More »CSU alum, Army veteran illustrates Google search Veterans Day image
November 11, 2021 Columbus State alumnus and Army veteran Steve Tette’s work is being seen by hundreds of millions of Google users on Thursday, Nov. 11. The American realist artist was chosen to design the “Google Doodle” for Veterans Day. The doodles are a Google program to alter the search engine’s logo in celebration of holidays, anniversaries and the lives of influential… Source link
Read More »This hot dog restaurant just saw its stock price surge more than 50% on its IPO day
Investors are chowing down on shares of newly minted publicly traded hot dog chain Portillo’s. Shares of Portillo’s (PTLO) — a Chicago-founded outfit with a cult-like following across nine states — exploded more than 50% as investors ate up the stock on its first day of trading on Thursday. “While we are a 58-year-old company, we are still infants when it comes to our growth inflection point,” Portillo’s CEO Michael Osanloo said on Yahoo Finance Live. Osanloo isn’t kidding when he said… Source link
Read More »Stock futures edge up after S&P 500’s best day since March
Stock futures opened slightly higher to extend gains after a rally on Wall Street, with stronger-than-expected earnings and economic data helping lift the S&P 500 by the most in seven months. Shares of big bank stocks including Bank of America (BAC), Citi (C) and Morgan Stanley (MS) steadied during the after-hours session. Each of these stocks had jumped earlier, after these banks posted much stronger-than-expected third-quarter earnings results. Peer banking titan Goldman Sachs (GS) is… Source link
Read More »Bitcoin Network Settled Record $31B in Single Day Last Week
BeInCrypto – The Bitcoin network hit a new milestone on Oct. 6, settling $31 billion in transactional value. The new all-time high caps off an incredible rise in settlement value since the start of the year. The bitcoin network settled a record $31 billion in a single day on Oct. 6, 2021. This marks a new all-time high for settlement numbers on the network. For some perspective, this represents a 40x jump in settlement value since the start of 2020. Since then, however, there has been a… Source link
Read More »Stock futures hold onto gains after Nasdaq’s best day since August
Stock futures opened in slightly positive territory on Tuesday, holding onto gains after a tech-led rebound rally during the regular session. Contracts on the S&P 500 ticked up. Earlier, Big Tech stocks led the blue-chip index higher, with investors swooping in to buy a dip in growth and technology names after a rout on Monday. That sent the Nasdaq higher by 1.3% in the index’s best day since August. So far in October, equities have see-sawed between steep gains and losses, with investors… Source link
Read More »Yahoo has built a new calendar app called Day, and it’s recruited the co-founder of Sunrise to design it – TechCrunch
When it comes to online calendars and calendar apps, services like Google Calendar and Outlook from Microsoft rule the roost with hundreds of millions of users globally. Now another company is hoping to ruffle some feathers with its own move into the space. TechCrunch has learned and confirmed that Yahoo is working on called Day, a new standalone calendar app. Sources tell us the company has recruited Jeremy Le Van — who had co-founded another calendaring app, Sunrise, and eventually… Source link
Read More »Stock futures steady after S&P 500’s best day since July
Stock futures held onto gains after equities’ best day since July, with the major indexes looking to shake off earlier volatility and end the week on a high note. The S&P 500 paced toward a weekly gain of 0.4% as of Thursday’s close. Equity investors have managed to look past concerns over China Evergrande’s debt crisis, uncertainty over monetary and fiscal policy and ongoing debates in Washington over the debt ceiling to trade higher. Cyclical stocks including the industrials, energy and… Source link
Read More »Crocs shares soar off heels of investors day
Shares of Crocs (CROX) rose as much as 17% and reached a record high in intraday trading off the heels of an investor day that gave Wall Street plenty to dig its heels into. Shares closed at $149.38 apiece, up 11.66% on the day. Crocs expects to pull in revenue of over $5 billion by 2026. It will also focus on expanding its reach in Asia and expanding its digital growth. The company is also boosting its sustainability efforts, announcing a new bio-based, lower carbon material called… Source link
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