Author: Daniel snow
Recap of recent trading reveals a strong performance from stocks with exposure to digital currencies. Source link
Momentum at Texas Roadhouse is bouncing back just in time for summer. The news Club stock Texas Roadhouse rose more than 1% to $194 each on Friday after UBS said both foot traffic and sales are picking up. UBS analysts, who expressed confidence after meeting with Texas Roadhouse management, expect to see sustainable outperformance going forward. American consumers’ confidence in the economy remains relatively low despite a more positive outlook for May. Fortunately for casual dining operator Texas Roadhouse, diners have still been coming through the doors, noted the analysts. UBS estimates a 5% increase in second-quarter to-date same-store sales, saying…
One survey found that nearly 40 percent of companies, fearing Trump’s ire, will be scaling back Pride Month initiatives. Source link
Also: Rules for investors as the S&P 500 claws its way back, how to manage bond-market risk and advice from the Moneyist. Source link
United Airlines and Spotify.Eduardo Munoz | Reuters | Dilara Irem Sancar | Anadolu | Getty ImagesUnited Airlines passengers will be able to listen to curated Spotify playlists, audiobooks and video podcasts directly from their seatback screens, starting this week.This is a first for Spotify, which has never offered its video and audiobook features on an airplane platform, United said in a press release.”Spotify has a huge audience and people love their content. And now our customers can enjoy it all in a simple and easy way, at 35,000 feet,” said Richard Nunn, CEO of MileagePlus, in the press release. “Together, we’re…
‘The girls are fighting,’ quipped one legislator about the feud. But the potential consequences for Musk and his companies are no joke. Source link
A Tesla vehicle is parked on West Executive Avenue near the White House and the Eisenhower Executive Office building in Washington, D.C., U.S., June 5, 2025.Jeff Mason | ReutersPresident Donald Trump is the latest Tesla owner to think about getting rid of his car after souring on Elon Musk.Trump is considering selling, or even giving away, the Tesla he bought in March, a senior White House official told NBC News, a day after the president’s alliance with Musk dramatically ruptured.Trump purchased the electric vehicle to show support for Tesla, whose CEO Musk had come under fire from some customers and…
Small-cap stocks were supposed to benefit from deglobalization and other Trump policies. Source link
Readers discuss the public feud between the president and his onetime ally. Also: China’s boom and America’s promise. Source link
President Donald Trump on Friday pressed Federal Reserve Chair Jerome Powell for a full-point interest-rate cut, saying the central bank’s monetary policy was a “disaster.” Source link