Burger Chain Steak 'n Shake Just Supersized Its Bitcoin Holdings
Yahoo Finance· 2026-01-17 18:21
By October 31, 2025, Steak 'n Shake became the first major U.S. restaurant chain to establish a dedicated Bitcoin reserve, attributing a 15% increase in same-store sales to its crypto-friendly customers. The chain has hundreds of stores across the U.S., France, Italy, Portugal, and Monaco. Iconic American burger chain Steak 'n Shake has added $10 million worth of Bitcoin (CRYPTO: BTC) to its balance sheet. This comes after the company started accepting Bitcoin payments in 2025. Steak 'n Shake's Bitcoin Trea ...
Growth-Oriented ETFs: VONG Has Lower Fees, While IWY Has Delivered Higher Returns
Yahoo Finance· 2026-01-17 18:20
For more guidance on ETF investing, check out the full guide at this link . VONG, in contrast, provides broader diversification with 394 holdings and a slightly more balanced sector allocation: 53% technology, 13% consumer cyclicals, and 13% communication services. Its top holdings— NVIDIA Corp, Apple Inc, and Microsoft Corp—are similar, but each represents a smaller share of assets, limiting single-stock concentration risk. Neither fund introduces leverage, currency hedging, or other structural quirks. IWY ...
Veteran technical analyst spots key stock market signal
Yahoo Finance· 2026-01-17 18:17
Core Viewpoint - Technical analyst Helene Meisler has observed a potential increase in stock market volatility in early 2026, indicating that stocks may face significant headwinds despite recent bullish trends [3][4]. Group 1: Market Trends - The stock market has experienced a strong rally since the 2022 bear market, achieving three consecutive double-digit annual returns, including a 16.4% gain in 2025 [4]. - Wall Street's optimism for 2026 is based on the assumption that the bullish conditions of 2025 will continue, which may not hold true [5]. Group 2: Economic Indicators - The Federal Reserve has cut its Fed Funds Rate by 0.75% by the end of 2025, which is expected to lower borrowing costs across various sectors [6]. - Major cloud data center players, including Amazon and Alphabet, are projected to increase their AI spending to $527 billion in 2026, up from $394 billion in 2025 [6]. - Corporate profits have surged, with an estimated growth of 12.4% in 2025 and an expected 14.9% growth in 2026 according to Wall Street [6].
CRWV INVESTOR DEADLINE: Robbins Geller Rudman & Dowd LLP Announces that CoreWeave, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
TMX Newsfile· 2026-01-17 18:15
Core Points - The CoreWeave class action lawsuit has been initiated against CoreWeave, Inc. and its executives for alleged violations of the Securities Exchange Act of 1934 during the class period from March 28, 2025, to December 15, 2025 [1][3] - CoreWeave is accused of overstating its ability to meet customer demand and failing to disclose significant risks associated with its reliance on a single third-party data center supplier [3][4] - The lawsuit highlights a significant deal worth up to $11.9 billion with OpenAI announced shortly before CoreWeave's IPO, and a subsequent all-stock acquisition agreement with Core Scientific, which was later terminated due to insufficient shareholder votes [2][4] Allegations and Impact - Allegations include that CoreWeave's executives made misleading statements regarding the company's operational capabilities and the risks posed by its data center supplier, which were likely to negatively impact revenue [3][5] - Following the announcement of lower revenue guidance due to delays from a third-party data center developer, CoreWeave's stock price fell by over 16% [5] - A Wall Street Journal article revealed that delays were more severe than previously acknowledged, leading to an additional 3.4% drop in CoreWeave's stock price [6] Legal Process - Investors who purchased CoreWeave securities during the class period can seek appointment as lead plaintiff in the class action lawsuit, which allows them to represent the interests of all class members [7][8] - The lead plaintiff can select a law firm to litigate the case, and participation as lead plaintiff is not required to share in any potential recovery [8] About the Law Firm - Robbins Geller Rudman & Dowd LLP is a leading law firm specializing in securities fraud and shareholder litigation, having secured over $2.5 billion for investors in 2024 alone [9]
DEADLINE ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Bath and Body Works
Prnewswire· 2026-01-17 18:10
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Bath & Body Works, Inc. due to alleged violations of federal securities laws, encouraging affected investors to contact them for legal options [2][4]. Financial Performance - Bath & Body Works reported a disappointing third quarter for 2025, with a 1% year-over-year decline in revenue, missing prior guidance of 1-3% growth, and a 26% drop in net income to $77 million [5]. - The company significantly reduced its full-year earnings per diluted share guidance from a range of $3.28 to $3.53 to "at least $2.83" [5]. Strategic Issues - The complaint alleges that the company's strategy of pursuing "adjacencies, collaborations and promotions" failed to grow the customer base and did not deliver the expected growth in net sales [4]. - The company admitted that its previous strategy led to reduced investment in core categories and an overreliance on promotions to mask weak financial results [5]. Stock Market Reaction - Following the disappointing financial disclosures, Bath & Body Works' stock price fell by $5.22, or 24.8%, closing at $15.82 per share on November 20, 2025 [6].
Verizon does damage control after massive outage angers customers
Yahoo Finance· 2026-01-17 18:07
Core Viewpoint - Verizon experienced a significant service outage affecting approximately 2.3 million customers, leading to widespread frustration and demands for compensation [1][4][5] Group 1: Service Outage Details - The outage occurred on January 14, impacting customers in states including New York, Texas, Georgia, and California, with devices going into SOS-only mode [1] - The outage lasted about 10 hours, during which customers were unable to make regular calls [4] - Verizon attributed the outage to a software issue and is conducting a full review of the incident [7] Group 2: Customer Reactions - Customers expressed dissatisfaction on social media, with some threatening to switch providers due to the outage [2][3] - Many customers demanded compensation, with one stating that their business could not operate due to the outage [2] - Verizon's response included a $20 credit for affected customers, which can be redeemed through the myVerizon app [4][5] Group 3: Company Challenges - The outage comes at a challenging time for Verizon, as the company has been losing customers due to price increases and competition from rivals like T-Mobile and MVNOs [8][9] - In the third quarter of 2025, Verizon reported a churn rate of 0.91%, with 7,000 postpaid customers leaving [9] - A recent survey indicated that many consumers are exploring affordable phone plans, highlighting a shift in customer preferences [10] Group 4: Leadership and Strategy - Verizon's new CEO, Dan Schulman, acknowledged that previous price increases contributed to customer loss and emphasized the need for a customer-centric approach [11][12] - Schulman stated that the company must focus on building loyalty and improving retention, moving away from a strategy reliant on price hikes [12][13] - Recent layoffs of over 13,000 employees were part of efforts to simplify operations and enhance customer experience [13][14] Group 5: Consumer Satisfaction Insights - A J.D. Power survey revealed that Verizon's customer satisfaction score for postpaid plans is 583, lower than T-Mobile's 636 and MVNOs' 641 [17] - The survey indicated that 90% of consumers would consider alternatives to traditional carriers, with cost being a primary factor for 85% of respondents [16] - Value and service quality are identified as critical drivers of overall customer experience in the telecom market [18][19]
Nextech3D.ai expands KraftyLab events into 20 US cities - ICYMI
Proactiveinvestors NA· 2026-01-17 18:05
Company Overview - Proactive is a financial news publisher that provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The company operates with a team of experienced and qualified news journalists across key finance and investing hubs including London, New York, Toronto, Vancouver, Sydney, and Perth [2] Market Focus - Proactive specializes in medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - The content delivered by the company includes insights across various sectors such as biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Technology Utilization - Proactive is committed to adopting technology to enhance its workflows and content production [4] - The company utilizes automation and software tools, including generative AI, while ensuring that all published content is edited and authored by humans [5]
RSP vs. IVV: Is RSP's Diversification or IVV's Lower Fees Better for Average Investors?
Yahoo Finance· 2026-01-17 18:04
Core Insights - The article compares two ETFs: iShares Core S&P 500 ETF (IVV) and Invesco S&P 500 Equal Weight ETF (RSP), highlighting their differing strategies in stock weighting and sector exposure [5][7]. Group 1: ETF Strategies - IVV replicates the S&P 500 using market-cap weighting, leading to a high concentration in technology stocks, which account for 43% of its portfolio [1]. - RSP tracks the S&P 500 Equal Weight Index, distributing its investments more evenly across approximately 505 companies, with technology only making up 16% of its assets [2][7]. Group 2: Performance and Returns - IVV has shown stronger recent returns and greater exposure to technology, while RSP offers more diversification across sectors [5][9]. - RSP's top holdings are significantly diversified, with no single company exceeding 0.3% of the portfolio [2]. Group 3: Costs and Yield - IVV has a lower expense ratio of 0.03%, making it more affordable, while RSP has a higher expense ratio of 0.20% but offers a higher dividend yield of 1.6% compared to IVV's 1.2% [8][9]. Group 4: Investor Considerations - Both ETFs provide diversified access to large U.S. companies, but their differing strategies may appeal to different types of investors, with IVV favoring tech-heavy portfolios and RSP appealing to those seeking broader sector exposure [4][6].
1 Stock I'd Buy Before TMC The Metals Company
Yahoo Finance· 2026-01-17 18:02
Company Overview - TMC The Metals Company (NASDAQ: TMC) is a deep-sea mining specialist aiming to become a major mineral-sourcing player, having gone public through a SPAC merger in 2021 [1] - The company's share price has decreased by 15.5% since its market debut, despite a significant rally of 627% over the last year [2][4] - TMC is currently in a pre-revenue state, focusing on tests and obtaining regulatory approvals necessary for commercial operations [2] Industry Context - The U.S. heavily relies on China for mineral sourcing, particularly for rare-earth minerals, creating economic and national security concerns amid deteriorating U.S.-China relations [3] - TMC's strategy primarily involves collecting nodules containing base minerals, but there is growing investor interest in its potential to enter the rare-earth minerals market [4] Competitive Landscape - Kraken Robotics (OTC: KRKN.F) is highlighted as a company with exposure to the deep-sea mining space, providing technologies that could help reduce reliance on Chinese mineral sourcing [5] - Kraken specializes in deep-sea battery systems and synthetic aperture sonar (SAS), enabling uncrewed underwater vehicles (UUVs) to operate at significant depths and for extended periods [6] - The demand outlook for Kraken's technologies in deep-sea mining appears promising, contrasting with TMC's current pre-revenue status [7]
KLA (KLAC) Gets Upgrade as Foundry-Led WFE Demand Accelerates
Yahoo Finance· 2026-01-17 17:57
Group 1: Company Overview - KLA Corporation (NASDAQ:KLAC) is a semiconductor manufacturing corporation that designs, manufactures, and markets process control, process-enabling, and yield management solutions for the semiconductor and related electronics industries worldwide [4]. Group 2: Analyst Upgrade and Price Target - TD Cowen analyst Krish Sankar upgraded KLA's stock from Hold to "Buy" and raised the price target to $1,800.00 from $1,300.00, reflecting a significant increase in earnings estimates [1][3]. - The upgrade is based on an anticipated acceleration in foundry-led wafer fabrication equipment (WFE) demand, with a projected calendar year 2026-2027 compound annual growth rate (CAGR) of 20% for leading-edge foundry spending, compared to 15% for memory [2][3][4]. Group 3: Market Trends - The semiconductor equipment market is expected to see leading-edge foundry spending as the fastest-growing segment, driven by major players like TSMC and Samsung [2][4]. - The updated WFE analysis indicates that attention is currently focused on memory WFE due to rising DRAM/NAND pricing, but leading-edge foundry spending is projected to outpace memory spending in the near future [4].