Shares of restaurant company Cracker Barrel (NASDAQ:CBRL) fell 11.7% in the morning session after the company unveiled a new logo that sparked a significant online backlash, drawing comparisons to the Bud Light controversy. The restaurant chain’s new design, which replaces its long-standing rustic emblem with a modernized, text-only version, sparked a backlash online from critics…
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Efforts to ban members of Congress from buying and selling stocks could continue to rise with several recent disclosures violating the STOCK Act. A new filing by a member of Congress lists hundreds of trades since March 2024….
Shares of cannabis company Tilray Brands (NASDAQ:TLRY) jumped 18.9% in the morning session after it announced a strategic partnership to expand its medical cannabis presence in Italy, amid broader sector optimism fueled by potential U.S. regulatory changes. The company’s subsidiary, FL Group, has partnered with Italian pharmaceutical firm Molteni to increase the availability of Tilray’s…
Shares of electric vehicle pioneer Tesla (NASDAQ:TSLA) jumped 3.7% in the morning session after Morgan Stanley upgraded its rating on the stock to ‘overweight’ from a previous dropped coverage and set a price target of $410. The upgrade was part of a wave of positive developments for the electric vehicle maker. CEO Elon Musk also…
Shares of data-mining and analytics company Palantir (NYSE:PLTR) fell 3.1% in the morning session after the high-flying stock appeared to take a breather following a massive run-up in its share price. The data-analytics software company has been a top performer, with the stock more than doubling so far this year on the back of accelerating…
Shares of industrial conglomerate 3M (NYSE:MMM) fell 4.2% in the afternoon session after the company reported second-quarter earnings that, despite beating expectations on an adjusted basis, revealed underlying concerns for investors. The company posted strong adjusted second-quarter results, beating analyst estimates for both earnings and revenue, and even raised its full-year profit forecast. 3M reported…