Red Lobster closed about 130 locations during its 2024 bankruptcy, but may need to close more to continue its successful post-bankruptcy emergence. CEO Damola Adamolekun told The Wall Street Journal that the chain is assessing its current roster of restaurants and the locations' leases with a potential for additional closures. “There’s a lot of positive signs, but we inherited a very damaged brand, so there’s still work to do to repair all of that,” Adamolekun, who became the chain's chief executive in Aug ...

ASML Holding (NASDAQ: ASML) is one of the most important companies in the world. It's the only manufacturer of extreme ultraviolet (EUV) lithography machines, which are vital equipment for printing the most advanced computer chips. The Dutch semiconductor sector bellwether reported impressive growth for 2025. Its solid order backlog and the inflow of new bookings to meet the growing demand for chips capable of powering artificial intelligence (AI) workloads should help it maintain a healthy growth rate in ...

Artificial intelligence (AI) stocks have been on sticky ground lately due to concerns about the massive spending on infrastructure and the potential disruptions this technology could bring for software companies. However, it cannot be denied that the proliferation of AI has driven meaningful growth for many companies. Vertiv Holdings (NYSE: VRT), a company that provides thermal management, power management, server racks, and services and software for managing data centers, is one such name that's seeing a ...

Cadence Design Systems (CDNS) stock pushed meaningfully higher on Feb. 18, after the electronic design automation (EDA) software giant silenced artificial intelligence (AI) disruption fears with a strong Q4 release. As investors cheered its better-than-expected 2026 earnings guidance, the company’s share price exploded up to challenge its 50-day moving average (MA) at the $311 level. A decisive break above this price may accelerate bullish momentum in the near term. Despite post-earnings surge, Cadence s ...

Key takeaways It is common for at least a few banks to fail in a year. One bank has failed in 2026, to date, while 2025 and 2024 each saw two bank failures. Storing your money in an FDIC-insured bank will help protect your funds. Chicago-based Metropolitan Capital Bank & Trust closed its doors on Jan. 30, 2026. The bank had total assets of $261.1 million and total deposits of $212.1 million as of last September, according to the Federal Deposit Insurance Corp. (FDIC). Deposits in the bank (excludi ...

Crypto investments are still prominent in Harvard’s endowment, as filings show that the university has purchased Ethereum. The Ivy League school bought about $87 million in BlackRock’s iShares Ethereum Trust (ETHA), according to filings with the Securities and Exchange Commission released on Friday. The purchase coincided with a decision by Harvard sell 21% of its holdings of the iShares Bitcoin Trust (IBIT). The value of the sold Bitcoin amounted to around $72 million based on an end-of-year closing price ...

A top wealth manager reveals her highest-conviction stock picks for 2026 — and one surprising sell that could surprise investors. ...

See Also: Before the IPO: How One Company Quietly Locked Up 500+ Iconic Character Rightsit's not innovation michael, it's lack of demand mempool transactions are at historic lows the total transaction fees paid in the last block were $800 that's around $100,000 of revenue per day for the entire global network, less than a local grocery store in a small townHowever, X users like Udi Wertheimer rebutted Saylor’s points. Wertheimer argued that Bitcoin’s low fees result from weak transaction demand, which is at ...

The dollar index (DXY00) rallied to a 1-week high on Wednesday and finished up by +0.57%.  The dollar moved higher on Wednesday and found support on better-than-expected US economic reports on Dec capital goods new orders, Dec housing starts and building permits, and Jan manufacturing production.  Also, higher T-note yields on Wednesday have strengthened the dollar's interest rate differentials.  Gains in the dollar accelerated on Wednesday on the hawkish minutes of the Jan 27-28 FOMC meeting, after "sever ...

March WTI crude oil (CLH26) on Wednesday closed up +2.86 (+4.59%), and March RBOB gasoline (RBH26) closed up +0.0536 (+2.80%). Crude oil and gasoline prices rallied sharply on Wednesday amid mounting geopolitical risks.  The likelihood of the Russian-Ukrainian war continuing is bullish for oil prices as it will keep restrictions on Russian crude and limit global oil supplies.  Also, concerns remain that a conflict between the US and Iran could put crude flows through the Middle East at risk, which is supp ...