US Politics & Business News
Sweetgreen has pulled jalapeños from its menu after a voluntary recall tied to produce distributed by Coast Citrus Distributors from Sinaloa, Mexico. The salad chain confirmed that jalapeños appear in only two of its 15 dressings, making the ingredient a relatively minor part of its overall sales mix. CEO Jonathan Neman said, “As an added…
When a person dies with outstanding credit card debt, many survivors wonder who is responsible for paying those remaining balances off. Life insurance proceeds are generally paid directly to a named beneficiary, which means they typically do not pass through the deceased’s estate. Because the funds bypass the estate, creditors including credit card companies usually…
Micron Technology (MU) fell in premarket trading after Sandisk’s latest quarterly guidance raised new concerns about the durability of the memory-chip industry’s rapid expansion. Sandisk posted stronger-than-expected quarterly revenue and earnings, but its forward outlook failed to meet the high expectations built up by the memory sector’s enormous recent rally. Management revealed that roughly two-thirds…
AST SpaceMobile (ASTS) endured a brutal July, shedding more than a third of its value after a string of announcements shook investor confidence in the company’s near-term outlook. The turbulence began on July 15, when AST announced a proposed offering of $1 billion in convertible notes, a form of debt that lenders can later swap…
D-Wave Quantum (QBTS) has returned to the spotlight after second quarter results disappointed Wall Street, with revenue coming in at US$3.08 million and a net loss of US$48.03 million. The figures fell short of analyst expectations, triggering a sharp single-day share price decline of 9.28% in the immediate aftermath of the release. Despite that steep…
Woodward, Inc. (WWD) delivered a strong third-quarter earnings beat alongside higher fiscal 2026 guidance, signaling broad demand strength across both its Aerospace and Industrial segments. Adjusted earnings jumped 43.2% year over year to $2.52 per share, topping the Zacks Consensus Estimate by 5.4% and underscoring the company’s operational momentum heading into the final quarter. Sales…
Supplemental Security Income is a needs-based federal program with strict income and asset limits that can be easily disrupted by outside financial arrangements. For families trying to help a financially struggling relative, the instinct to provide structured support through an annuity is understandable, but the consequences for SSI recipients can be severe. Annuity payments would…
The Trade Desk (TTD) delivered a painful set of second-quarter results after Thursday’s closing bell, missing analyst expectations on both revenue and earnings per share. Revenue came in at $715.1 million, falling well short of the $751.4 million analysts had anticipated heading into the print. Adjusted earnings per diluted share landed at $0.34, below the…
Alphabet (GOOGL) is returning to the bond market with a massive new debt offering as its relentless artificial intelligence buildout continues to drain cash at a staggering pace. The tech giant is seeking to raise between $20 billion and $25 billion through a bond offering structured in up to 10 parts, with maturities ranging from…
Space Exploration Technologies Corp. (SPCX) defied expectations Thursday, rising 6.14% even as its first major lockup expiration dramatically expanded the number of tradable shares. Up to 911.5 million shares became eligible for sale on Aug. 6, the first significant unlock since the company’s blockbuster IPO on June 12. The IPO initially placed roughly 639 million…