Taylor Farms and food distributor Sysco Corporation (NYSE:SYY) have pulled Mexico-sourced iceberg lettuce from circulation after the U.S. Food and Drug Administration linked the product to a widespread cyclospora outbreak associated with Taco Bell restaurants. FDA Investigation Points To Mexico-Sourced Lettuce On Friday, California-based Taylor Farms said it voluntarily removed iceberg lettuce sourced from central […]

State Street Corp. (NYSE:STT) reported stronger-than-expected second-quarter results on Thursday. The company posted earnings of $3.65 per share, topping analysts’ estimates of $3.29. Revenue increased 17% year over year (Y/Y) to $4.05 billion, exceeding the Street’s expectation of $3.88 billion. Fee revenue rose 17%, driven by higher Servicing and Management fees along with higher FX trading services revenue. Servicing fees increased 13% Y/Y, and management fees jumped 29% Y/Y, while […]

On CNBC’s “Mad Money Lightning Round,” Jim Cramer said EquipmentShare.com Inc. (NASDAQ:EQPT) is disappointing, and he can’t stick with it. “I thought this would be like United Rentals (NYSE:URI), and it wasn’t,” he added. According to recent news, EquipmentShare.com raised its FY26 revenue guidance on July 9 and authorized a $500 million share repurchase program. […]

PENN Entertainment Inc. (NASDAQ:PENN) is trending Monday after the company announced the launch of theScore Bet Sportsbook & Casino in Alberta, alongside standalone theScore Casino and Hollywood Casino apps. PENN Entertainment stock is showing upward bias. What should traders watch with PENN? The Launch The apps are now available across Alberta on iOS, Android and the […]

On CNBC’s “Halftime Report Final Trades,” Bryn Talkington, managing partner of Requisite Capital Management, named CBRE Group, Inc. (NYSE:CBRE) as her final trade. Evercore ISI Group analyst Steve Sakwa maintained an Outperform rating on CBRE Group on June 30 and lowered the price target from $179 to $169. Jason Snipe, founder and chief investment officer […]

Wedbush analyst Dan Ives has initiated coverage on the newly public Space Exploration Technologies Corp. (NASDAQ:SPCX) with a highly bullish outlook, betting on the company’s emerging “demand flywheel” just as the stock prepares for massive passive capital inflows from its upcoming Nasdaq-100 inclusion on July 7. However, Wedbush’s $190 price target arrives amidst a fierce […]

Coinbase Global Inc. (NASDAQ:COIN) Chief Executive Brian Armstrong says tokenized stocks could fundamentally reshape global investing, pointing to a key metric to support his view. Tokenized Stocks Aim to Unlock Global Equity Access “There’s actually about four billion people in the world today who are unbrokered,” Armstrong said in an episode of Sourcery with Molly […]

The recent initial public offering (IPO) of Space Exploration Technologies Corp. (NASDAQ:SPCX) has resulted in a significant financial gain for its former employees, while ex-staff of Jeff Bezos‘ Blue Origin are reportedly unhappy over virtually worthless stock options. SpaceX’s valuation has surpassed $2 trillion, creating millionaires across the company, including engineers, technicians, and everyone who […]