Portillo’s is a well-known fast casual restaurant chain in the United States, offering a variety of iconic menu items such as Chicago-style hot dogs and sausages, Italian beef sandwiches, burgers, salads, fries, and milkshakes. The company operates both physical locations as well as online platforms to sell its products. Currently, the stock market value of
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The surge in online sports betting has led to significant financial consequences, especially for those already facing financial distress. A recent study titled “Gambling Away Stability: Sports Betting’s Impact on Vulnerable Households” uncovered alarming findings regarding the prevalence of sports betting since the 2018 Supreme Court decision to legalize it. Currently, 38 states have embraced
Stocks @ Night is a daily newsletter that provides readers with insights on stock market trends and updates after hours. The newsletter aims to offer a glimpse into the future of stock trading while also reflecting on the day’s market performance. One of the key highlights from the newsletter is the detailed analysis of Elliott
Monday.com, a leading project management software provider, has been gaining attention from investors after impressing with strong second-quarter results. Notably, the company saw a 49% increase in paid customers with over $100,000 in annual recurring revenue (ARR), reaching 1,009. This growth has led to optimistic projections for Monday.com’s future, with TD Cowen analyst Derrick Wood
The demand for power from data centers is expected to triple by the year 2030, largely driven by the rapid scaling up of artificial intelligence technology. According to a report by Mizuho Securities, the demand will reach a staggering 400 terawatt hours, representing about 9% of total electricity demand in the U.S. by the end
One of the top dividend stocks recommended by Wall Street analysts is Pfizer (PFE). The healthcare giant has been delivering impressive results, driven by its cost-cutting efforts and sales of non-Covid products. Pfizer’s increased full-year guidance reflects the strong demand for its diversified product portfolio. With a dividend yield of 5.9%, Pfizer has returned $4.8
In the race to secure clean energy to power artificial intelligence, tech companies are turning to nuclear plants to directly connect data centers. This move has raised concerns among some utilities about the potential impact on the electric grid. Given that data centers now require a gigawatt or more of power in some cases, which
In recent days, the stock market has seen a mix of gains and losses across various companies, indicating a volatile period for investors. E.l.f. Beauty, for instance, experienced a substantial increase in sales, but its stock fell significantly in after-hours trading. Likewise, Paramount Global saw a surge in its streaming division’s performance, yet had to
As we analyze the current state of office demand in the U.S., it is essential to consider the performance of key stocks in the market. SL Green has seen a significant increase, with a 12% growth in just a month and a remarkable 20% gain over the past three months. However, it is worth noting
SunPower, once a prominent player in the rooftop solar installation industry, has now filed for bankruptcy after facing numerous challenges. The company’s stock plummeted by 32% to a mere 55 cents per share, marking a staggering 90% decline throughout the year. These numbers paint a grim picture of SunPower’s financial health. In its Chapter 11