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Potbelly Sandwich Chain to Sell Itself to Convenience-Store Operator RaceTrac
WSJ· 2025-09-10 11:59
Group 1 - The deal is valued at $566 million and is expected to close within the current year [1] - The companies involved do not intend to expand Potbelly locations into every RaceTrac [1]
Oracle Shares Skyrocket as Backlog Swells With Big Customer Deals
WSJ· 2025-09-10 10:49
Core Insights - The database-software company achieved billion-dollar contract wins in its latest quarter, leading to a significant increase in share price by over 29% in premarket trading [1] Company Performance - The company secured multiple contracts worth over one billion dollars during the latest quarter, indicating strong demand for its database software solutions [1] - The substantial contract wins have positively impacted investor sentiment, reflected in the sharp rise in share price [1] Market Reaction - Following the announcement of the contract wins, shares of the company soared more than 29% in premarket trading, showcasing a strong market reaction to the news [1]
Mining Megadeal Shows the World Is Crazy for Copper
WSJ· 2025-09-10 10:33
Core Insights - The metal is positioned at the intersection of two significant megatrends: artificial intelligence and increasing military expenditure [1] Industry Trends - The rise in artificial intelligence is driving demand for the metal, as it is essential for various AI applications [1] - Military spending is on the rise, further boosting the demand for the metal due to its critical role in defense technologies [1]
Why Apple's Lackluster New iPhones Will Still Pay Off
WSJ· 2025-09-10 09:30
Core Insights - Higher prices and the prevalence of aging smartphones among consumers are expected to positively impact the iPhone business [1] Group 1 - The increase in iPhone prices may lead to higher revenue for the company [1] - Consumers holding onto older phones could drive demand for new iPhone models [1]
Stock Market Today: S&P 500 Futures Rise Ahead of Producer Inflation Data
WSJ· 2025-09-10 08:16
Oracle stock surges offhours after software company says more multibillion-dollar clients will sign up in next few months ...
Dollar Falls as Investors Eye Inflation Data After Jobs Revision
WSJ· 2025-09-10 06:52
The dollar fell slightly as investors weighed a bigger-than-expected downward revision to U.S. jobs data and awaited inflation figures. ...
Judge Blocks Trump From Removing Fed Governor Lisa Cook
WSJ· 2025-09-10 02:10
Core Viewpoint - The order permits Cook to continue serving on the central bank's board while her legal challenge is ongoing [1] Group 1 - The legal challenge faced by Cook is significant as it impacts her position on the central bank's board [1]
iPhone Air First Look: Is Thin Worth the Sacrifice?
WSJ· 2025-09-10 01:38
Our columnist tried out Apple's new slimness, as well as the iPhone 17 line, the AirPods Pro 3 and the latest Apple Watches. ...
Meta's Elite AI Unit Sparks Tension With Old Guard
WSJ· 2025-09-10 01:00
An influx of highly paid researchers has created new status divisions, even as some recent hires have already left their jobs. ...