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Chipotle Opens to Open First Location in Kingdom of Saudi Arabia
QSR9d agoneutral
Chipotle Opens to Open First Location in Kingdom of Saudi Arabia

Chipotle Mexican Grill announced the opening of its first restaurant in the Kingdom of Saudi Arabia (KSA) later this month in partnership with Alshaya Group, a leading international franchise retail operator. Located at Sidra, the premier dining destination in Riyadh next to the Granada Mall, the restaurant marks Chipotle’s entry into Saudi Arabia and another […]

Ackman unveils six new investments including Netflix, Visa, Mastercard in biggest portfolio overhaul in years
Reuters9d agoneutral
Ackman unveils six new investments including Netflix, Visa, Mastercard in biggest portfolio overhaul in years

Bill Ackman unveiled six new holdings including Netflix, Visa and Mastercard, marking the billionaire investor's biggest portfolio overhaul in years. Ackman said on Thursday he acquired shares ‌starting in the second quarter that will be held in his investment funds including his newest offering ‌Pershing Square USA, which was listed on the New York Stock Exchange in April. Along with Netflix, which Ackman held briefly in 2022 before selling ​at a loss, his funds are also investing in eye care firm Alcon, exchange operator Intercontinental Exchange and financial data provider S&P Global.

3 Large-Cap Stocks We Find Risky
StockStory9d agoneutral
3 Large-Cap Stocks We Find Risky

Large-cap stocks are known for their staying power and ability to weather market storms better than smaller competitors. However, their sheer size makes it more challenging to maintain high growth rates as they’ve already captured significant portions of their markets.

This Healthcare Services Stock Has 37% Upside
Barrons.com9d agoneutral
This Healthcare Services Stock Has 37% Upside

Well-known pharmaceutical companies such as Merck and Pfizer typically manage this complex process in house. Medpace Holdings which targets oncology, metabolic, cardiology, central nervous system, and anti-infective therapies, raised its 2026 revenue guidance on July’s second-quarter conference call to a midpoint of $2.85 billion, corresponding to a year-over-year increase of 13%. Three months later, Medpace is in the pink: On the heels of second-quarter earnings, the stock is up 14%.

Wall Street to mark time ahead of producer prices print
Proactive9d agoneutral
Wall Street to mark time ahead of producer prices print

US stock futures were barely moving on Thursday morning, with contracts on the Dow Jones Industrial Average, S&P 500 and Nasdaq-100 all sitting just above the flat line after a quiet session on Wall Street. Attention turns to the Producer Price Index, which measures prices from the...

Kaplan Says Fed Right Not to Raise Rates in July
Bloomberg9d agoneutralVIDEO
Kaplan Says Fed Right Not to Raise Rates in July

Robert Kaplan, Goldman Sachs Vice Chairman and former Dallas Fed President, says the Federal Reserve was right to not raise interest rates at the meeting in July. He speaks on "Bloomberg Surveillance."

1 Services Stock Worth Investigating and 2 Facing Headwinds
StockStory9d agoneutral
1 Services Stock Worth Investigating and 2 Facing Headwinds

Business services providers play a critical role for enterprises, assisting them with everything from new hardware integrations to consulting and marketing. These firms have helped their customers unlock huge efficiencies, so it’s no surprise the industry has posted a 20.5% gain over the past six months, beating the S&P 500 by 8.8 percentage points.

This Week In Energy Transition - Europe's Largest Battery Powers Up In Scotland
Simply Wall St.9d agoneutral
This Week In Energy Transition - Europe's Largest Battery Powers Up In Scotland

Copenhagen Infrastructure Partners (CIP) has announced the commercial operation of Coalburn 1, a significant milestone in Europe's energy transition. This 500 MW, two-hour lithium-ion battery energy storage system (BESS) located in South Lanarkshire, Scotland, is now the largest operational battery in Europe. The Coalburn 1 project, along with Coalburn 2 and Devilla, forms part of CIP's extensive energy infrastructure investments in the UK, providing a combined 1.5 GW of power capacity and 3...