Darden Restaurants (DRI) Q2 2025 earnings
Darden Restaurants on Thursday reported quarterly earnings and revenue that met analysts’ expectations and better-than-expected same-store sales growth at Olive Garden and LongHorn Steakhouse. Shares of the company closed up 14% on Thursday. Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by LSEG: Earnings per share: $2.03 adjusted […]
Pro pickleball players are getting a higher salary than WNBA players
NEW YORK CITY, NY – SEPTEMBER 21: Anna Leigh Waters of the New Jersey Fives rallies the ball during a Major League Pickleball match on September 21, 2024 at Wollman Rink in New York, New York. (Photo by Andrew Mordzynski/Icon Sportswire via Getty Images) Icon Sportswire | Icon Sportswire | Getty Images Pickleball is paying […]
Big Tech ETF on pace to snap weekly winning streak amid S&P 500 breadth worries
Megacap stocks can “mask a lot of the internal weakness” in the S&P 500, says Todd Sohn, an ETF strategist at Strategas.
Nike (NKE) earnings Q2 2025
Customers shop at a Nike store in an outlet mall in Los Angeles, Nov. 8, 2024. Frederic J. Brown | Afp | Getty Images Nike on Thursday posted better-than-expected results under new CEO Elliott Hill, who said the company is taking “immediate action” to fix the business and return it to growth. While expectations were […]
Lennar blames high mortgage rates for sales miss, but says its home prices also need to fall
Lennar said higher mortgage rates have hurt sales, but the home builder also acknowledged that it needs to cut prices more to reignite buying.
Drone flights are temporarily banned over some areas of New Jersey
A drone or SUAV, Small Unmanned Aerial Vehicle. Richard Newstead | Moment | Getty Images The Federal Aviation Administration on Wednesday temporarily banned drone flights over 22 areas across New Jersey amid complaints of strange and often bright drones in the night sky. “At the request of federal security partners, the FAA published 22 Temporary […]
Eli Lilly weight loss drug Zepbound no longer in shortage
An injection pen of Zepbound, Eli Lilly’s weight loss drug, is displayed in New York City on Dec. 11, 2023. Brendan McDermid | Reuters The Food and Drug Administration on Thursday said the active ingredient in Eli Lilly’s weight loss drug Zepbound is no longer in shortage, a decision that will eventually bar compounding pharmacies […]
LongHorn Steakhouse leads sales gains for Darden while fine dining retreats
America’s taste for red meat over fine dining powered a healthy sales gain for LongHorn Steakhouse.
Private equity looks to buy in to college sports
There’s a mad dash for cash in college sports. Between multibillion-dollar television deals, the institution of the transfer portal and the escalation of NIL —name, image and likeness — deals for athletes, college athletic programs, particularly football, have never looked more lucrative. Now private equity and venture capital enterprises such as College Sports Tomorrow, Smash […]
IBM’s stock has missed the quantum-computing rally but could still be your ticket to ride that hot trend
Melius Research analyst Ben Reitzes says IBM’s quantum computing practice dates back to the 1980s
