Yum Brands' Pizza Hut will close hundreds of underperforming domestic locations in the first half of 2026 as part of a broader strategic review, signaling a pivotal moment for the struggling pizza chain.
Corning Inc. has inked a major supply agreement with Meta to provide optical fiber for its AI data centers, while simultaneously joining a U.S.-backed initiative to secure critical mineral supplies, positioning the materials science leader at the nexus of technology and national security.
The cloud contact center specialist Five9 saw its shares tumble as a broad sell-off hit software stocks, fueled by investor concerns over AI's disruptive impact on traditional SaaS models. With its stock trading at a significant discount to analyst targets, the market is questioning whether this represents a buying opportunity or reflects deeper growth anxieties.
Upstart Holdings' fair value estimate holds near $56.64, reflecting a market balancing act between the promise of its generative AI underwriting platform and persistent worries over credit quality and economic headwinds.
Following a strong fourth quarter with record earnings, Enterprise Products Partners (EPD) is increasing distributions, resuming buybacks, and signaling a more measured approach to capital spending, raising questions about its valuation in a shifting energy landscape.
PayPal Holdings has named board chair and former HP Inc. chief Enrique Lores as its new CEO, replacing Alex Chriss after just over two years. The leadership shakeup follows disappointing earnings, heightened competition, and board concerns over the pace of execution.
USAA and Regions Bank have confidentially settled their mutual patent infringement lawsuits over remote check deposit technology, bringing a contentious legal battle in a favored patent court to a close. Terms were not disclosed.
TransDigm Group concluded fiscal 2024 with robust cash reserves nearing $6.3 billion, powered by high-margin aftermarket revenues. While navigating Boeing strike impacts and a slower OEM recovery, the aerospace supplier projects steady growth for 2025 and signals continued aggressive capital deployment for acquisitions and shareholder returns.
Aerospace components giant TransDigm Group reported robust second-quarter earnings, buoyed by a resilient aftermarket and defense growth, while announcing the planned retirement of CEO Kevin Stein and the internal promotion of Mike Lisman to succeed him.
Automotive seating giant Adient plc kicked off its fiscal 2026 with a resilient performance, overcoming supply chain disruptions to post a 4% revenue increase. The company raised its annual guidance, citing a robust pipeline of onshoring opportunities in the Americas and strong growth in China.
Darden Restaurants is shuttering its Bahama Breeze brand nationwide this spring, impacting both Georgia locations. The Duluth restaurant will close permanently, while Kennesaw will be converted to another concept within the company's portfolio.
In a strategic shift following a challenging 2025, Six Flags announces a major overhaul of its annual pass program, granting Gold passholders access to multiple parks within designated regions at a temporarily reduced price.
Despite a challenging macroeconomic backdrop for the furniture industry, Flexsteel Industries reports robust Q1 FY2025 results, with sales up nearly 10% and operating margins expanding significantly. The company credits its growth to strategic product launches and targeted retail partnerships.
Lockheed Martin's stock experienced a significant rally last month, fueled by a proposed defense budget increase and robust financial forecasts. However, the surge raises questions about long-term value amid shifting government contracting policies.
In a candid industry forecast, Volvo's outgoing CEO Håkan Samuelsson states that manufacturing efficiencies and falling battery costs will make EVs cheaper to produce than internal combustion vehicles within five years, a shift that could redefine auto market dynamics.
Nintendo reports record console sales but faces mounting pressure from rising component prices and tariffs, with President Shuntaro Furukawa signaling potential impacts on future profitability.
New NYPD data reveals a stark divergence in public safety trends: while shootings and murders hit record lows in January, antisemitic incidents nearly tripled, accounting for over half of all reported hate crimes.
DaVita reports resilient Q2 2025 earnings, reaffirming full-year guidance despite a significant cyber incident that impacted treatment volumes. CEO Javier Rodriguez outlines a future-focused vision leveraging AI, new drug therapies, and advanced dialysis technologies to improve patient outcomes.
JPMorgan Private Bank's Stephen Parker argues the recent software-driven market volatility represents a constructive shift, with capital flowing into undervalued cyclical and international opportunities.
In a bold marketing move, AI firm Anthropic is using the Super Bowl's massive audience to draw a stark contrast with rival OpenAI, explicitly positioning its Claude chatbot as an ad-free sanctuary in an increasingly commercialized AI landscape.
