A Burger King Whopper hamburger is displayed in San Anselmo, California, on April 5, 2022. Justin Sullivan | Getty Images Walmart members are in for a whopper of a deal. The retailer on Thursday announced a new partnership with fast-food chain Burger King that will offer members of its Walmart+ subscription program 25% off any Burger King order made…
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Cava on Thursday raised its full-year outlook as its restaurants reported strong traffic, fueling better-than-expected quarterly earnings and revenue. Shares of the company rose 9% in extended trading. The stock has more than doubled its value this year, bringing Cava’s market cap up to about $11.6 billion, as of Thursday’s close. Here is what the company reported for the…
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Zoom CEO Eric Yuan speaks at the Dropbox Work In Progress Conference in San Francisco on Sept. 25, 2019. Matt Winkelmeyer | Getty Images for Dropbox Zoom shares soared the most since November 2022 on Thursday after the video chat company reported better-than-expected results for the second quarter and raised its full-year guidance. The stock rose 13% to close at…
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A Cruise autonomous taxi in San Francisco, California, US, on Thursday Aug. 10, 2023. David Paul Morris | Bloomberg | Getty Images Uber Technologies and General Motors’ Cruise have agreed to a multi-year partnership, under which the embattled autonomous vehicle company plans to offer driverless rides to Uber users as soon as next year. The Thursday announcement comes as…
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Peloton said Thursday it is digging itself out of the red and eked out a slight sales increase for the first time in nine quarters as it slashed its overall losses. The company’s shares spiked 35% on Thursday. The beleaguered connected fitness company, which two board members have run since former CEO Barry McCarthy resigned earlier this year, saw…
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