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Starbucks brings in new chief technology officer from Amazon Grocery
CNBC· 2025-12-19 19:38
Anand Varadarajan, Amazon Vice President of product and technology and worldwide grocery stores speaks during the Delivering the future conference in Mt. Juliet, Tennessee, on October 9, 2024.Starbucks announced Friday that it has hired its new chief technology officer, Amazon veteran Anand Varadarajan. Varadarajan, who spent nearly 19 years at Amazon, most recently led technology and supply chain for the tech giant's worldwide grocery stores business.Varadarajan, who also previously held software engineeri ...
Fatburger Owner Faces Allegations It Masked Liquidity Crunch
MINT· 2025-12-19 19:35
(Bloomberg) -- One of FAT Brands Inc.’s shareholders is suing the restaurant-chain owner for allegedly hiding the true extent of its debt amid a darkening financial outlook that saw its stock hit a multiyear low this week.The company, which owns Fatburger and Johnny Rockets, resorted to high-interest loans known as merchant cash advances as its finances deteriorated, according to a pair of complaints filed in Delaware Chancery Court since late November. The shareholder accuses FAT Brands of misrepresenting ...
Starbucks taps Amazon's Anand Varadarajan as new chief technology officer
Reuters· 2025-12-19 19:20
Starbucks said on Friday it has appointed Anand Varadarajan as its new chief technology, effective January 19, as CEO Brian Niccol pushes a tech revamp in stores to make labor more efficient. ...
Slop bowls, AI layoffs, and the girlfriend index: Here's a market-beating research firm's top investment ideas for 2026
Yahoo Finance· 2025-12-19 18:30
Dan Hernandez/San Francisco Chronicle via Getty Images Citrini Research just unveiled its 26 bets heading into the new year. The firm's annual investment watchlist largely beat the S&P 500 this year. In 2026, it's dialed its focus on themes like automation, weight loss drugs, and female consumer spending. Slop bowls. AI layoffs. What your girlfriend spends money on. All of those themes have a place in investors' portfolios for 2026, according to Citrini Research, which unveiled its top bets for t ...
Midday Momentum: Tech Leads Wall Street Higher Amid TikTok Deal and Rate Cut Hopes
Stock Market News· 2025-12-19 17:07
The U.S. stock market is experiencing a robust midday surge on Friday, December 19, 2025, extending gains from the previous session as investor sentiment remains buoyed by cooling inflation data and significant corporate developments. All three major indexes – the S&P 500, Nasdaq Composite, and Dow Jones Industrial Average – are firmly in positive territory, largely driven by a strong rebound in technology and artificial intelligence (AI) related shares. This positive momentum is helping the S&P 500 and Nas ...
MCD, YUM or BROS: Which Restaurant Stock Offers the Best 2026 Setup?
ZACKS· 2025-12-19 16:46
Key Takeaways McDonald's relies on value, loyalty and menu innovation as global comparable sales increased 3.6% in Q3.Yum! Brands recorded about $10B in Q3 digital system sales, with digital making up nearly 60% of transactions.Dutch Bros delivered 25% Q3 revenue growth and plans roughly 175 new system shops in 2026.The U.S. restaurant industry is navigating a softer demand backdrop as consumers remain cautious on discretionary spending. Value sensitivity, mixed traffic trends and ongoing cost pressure con ...
ARKR Stock Slips Despite Q4 Earnings Improvement Amid Challenges
ZACKS· 2025-12-19 15:16
Shares of Ark Restaurants Corp. (ARKR) have lost 3.6% since the company reported earnings for the quarter ended Sept. 27, 2025. This compares unfavorably with the S&P 500 Index’s 2.3% gain over the same time frame. Over the past month, the stock has lost 10.3% versus the S&P 500’s 8.1% rise.ARKR’s Earnings SnapshotFor the fourth quarter of fiscal 2025, Ark Restaurants reported total revenues of $37.3 million, down 14% year over year from $43.4 million. Excluding revenues from El Rio Grande and the Tampa Foo ...
Stock Market Opens Higher Amid Tech Gains and Key Corporate News on Quadruple Witching Day
Stock Market News· 2025-12-19 15:07
U.S. stock markets commenced trading on Friday, December 19, 2025, with major indexes opening higher, signaling a positive end to what has been a volatile week. This uplift follows a robust performance on Thursday, driven by cooler-than-expected inflation data for November, which has reignited hopes for potential Federal Reserve rate cuts in the new year. Today's trading is also marked by "quadruple witching," an event that could introduce significant volatility as a record volume of options contracts expir ...
Down 48%, Should You Buy Chipotle (CMG) Stock in 2026? Here's What Investors Need to Know.
Yahoo Finance· 2025-12-19 15:05
Key Points Chipotle is struggling with weaker foot traffic, as certain consumers feel the pressure in today’s economy. Management plans to continue the aggressive pace of new store openings. With the stock taking a hit, investors are looking at a valuation that’s at a five-year low. 10 stocks we like better than Chipotle Mexican Grill › Chipotle Mexican Grill (NYSE: CMG) is a pioneer in the restaurant industry, having introduced the fast-casual concept to the masses. The company's success has ins ...
Luckin Coffee: An Opportunistic Bet On Cheap Coffee
Seeking Alpha· 2025-12-19 14:02
Coffee remains a staple around the world, so maybe it's a good idea to own some coffee companies. Yet when looking at coffee franchises with extensive reach, Starbucks ( SBUX ) and maybe Dunkin' (privately held) are the only names that comeI am currently an undergraduate student who will be going into financial services. I've had experience in investing through prior PE and equities-focused HF internships. I am writing on Seeking Alpha to give my opinion on underfollowed, promising stocks with a focus on co ...