DIRS.INFO The most relevant business & tech news

☆ Morgan Stanley's Mike Wilson warns there's a group of stocks that are riskier than growth shares
▼ + stars: | 2023-02-04 | by ( Sean Conlon | ) www.cnbc.com time to read: +2 min

Morgan Stanley's Mike Wilson is telling investors to avoid a popular trade tied to the economy. "Cyclicals probably are more risky now than the growth stocks," the firm's chief U.S. equity strategist and CIO recently told CNBC's " Fast Money ." "The growth stocks — a lot of them had their comeuppance last year with the financial conditions tightening." Cyclical stocks include shares that benefit when the economy is strengthening like retail. "There's this sort of narrative that China is reopening, inflation has peaked, [and] we can look through the valley here and start buying early cyclical stocks," he said.

☆ Cramer’s week ahead: Take advantage of the bull market by selling some shares
▼ + stars: | 2023-02-03 | by ( Krystal Hur | ) www.cnbc.com time to read: +3 min

Monday: Tyson Foods, Simon Property GroupTyson FoodsQ1 2023 earnings release at 7:30 a.m. Simon Property GroupQ4 2022 earnings release at 4:05 p.m. Tuesday: Chipotle Mexican Grill, Enphase EnergyChipotle Mexican GrillQ4 2022 earnings release at 4:10 p.m. Wednesday: CVS Health, DisneyCVS HealthQ4 2022 earnings release at 6:30 a.m. Newell BrandsQ4 2022 earnings release at 6 a.m.

☆ Even Jimmy Kimmel doesn't know why Mike Lindell agreed to sit in a giant claw machine on his show last night
▼ + stars: | 2023-02-01 | by ( Cheryl Teh | ) www.businessinsider.com time to read: +3 min

Mike Lindell made an appearance on Tuesday's "Jimmy Kimmel Live!" Kimmel used the time to grill Lindell about his baseless claims of widespread voter fraud. Lindell appeared on "Jimmy Kimmel Live!" Kimmel used some of the episode to grill Lindell, who has consistently pushed baseless claims of widespread voter fraud, about his beliefs. "You know, one of the differences between you and the claw machine is claw machines let go.

☆ These stocks have been hit the hardest by Fed rate hikes — now they could rally if there's a pause
▼ + stars: | 2023-01-31 | by ( Michelle Fox | ) www.cnbc.com time to read: +4 min

To find such names, CNBC Pro looked back at the stocks that were hit the hardest in the five trading days after each of last year's Fed rate hikes, starting with the first quarter point increase last March. Of those, we took the worst median performance within that five-day period for each of 2022's seven rate hikes. Warner Bros Discovery tops the list, losing a median 10.7% after the Fed rate hikes (bearing in mind the present company was put together in early April last year.) Chipotle Mexican Grill was also hit in the wake the Fed's rate increases, losing a median 6.9% overall. Overall, the electrical vehicle leader lost a median 6.8% in the week following last year's Fed rate hikes.

☆ TikTok CEO to testify before House panel about app's security and ties to China
▼ + stars: | 2023-01-30 | by ( Lauren Feiner | ) www.cnbc.com time to read: +2 min

The New Economy Forum is being organized by Bloomberg Media Group, a division of Bloomberg LP, the parent company of Bloomberg News. Photographer: Bryan van der Beek/Bloomberg via Getty ImagesTikTok CEO Shou Zi Chew will testify before a House panel on March 23 about the app's security and privacy practices and its ties to China through parent company ByteDance. TikTok has been engaging with the Committee on Foreign Investment in the U.S., which can determine if certain risk mitigation measures are adequate to dampen national security concerns. Still, those negotiations have reportedly been delayed at least as of last month, as officials continue to worry about the implications of the app's ownership by Chinese parent company ByteDance. Fears over TikTok's national security and privacy implications for consumers have spanned both sides of Congress, and stretched across the Trump administration into the Biden administration.

☆ I see this year's budding stock rally signaling a different kind of bull market, one that's not so reliant on just a few stocks
▼ + stars: | 2023-01-29 | by ( Jim Cramer | ) www.cnbc.com time to read: +11 min

This nascent bull market started with the peak in interest rates and the dollar back in the fall and then broadened to include bank and semiconductor stocks in 2023. That's right we created FANG a decade ago this week on "Mad Money," and it was a really good call — until it wasn't. The stability of a market that's based, in part, on the assumption of a JPMorgan (JPM) or an American Express or even a Boeing rallying on earnings, seems tidal to me. That's what's happening as we consider the market to be far bigger than any group of a half-dozen stocks. Yes, I am shredding the cynicism and heralding the new bull market, one that's not ignorant of what ails things, but is benignly rotational.

☆ Americans Are Gobbling Up Takeout Food. Restaurants Bet That Won’t Change.
▼ + stars: | 2023-01-28 | by ( Heather Haddon | ) www.wsj.com time to read: 1 min

McDonald’s Corp. has a new restaurant outside Fort Worth, Texas, with no tables or seats for customers and a conveyor belt that routes food to drivers who order ahead. Chipotle Mexican Grill Inc. also offers no place for customers to sit inside an Ohio restaurant that only takes digital orders. Taco Bell is evaluating a new design that features four drive-through lanes, double the typical two. America’s biggest restaurant companies made a bet during the pandemic that you would rather eat the food cooked on their premises someplace else. Now they are gambling you will want to do so for years to come.

☆ Chipotle Seeks 15,000 Workers to Help Staff ‘Burrito Season’
▼ + stars: | 2023-01-27 | by ( Joseph Pisani | ) www.wsj.com time to read: 1 min

Chipotle Mexican Grill Inc. says it plans to hire 15,000 people in the U.S. as it opens more restaurants and tries to keep up with an expected increase in orders in coming months. March, April and May are the busiest months at the fast-food chain, according to the company, which has dubbed it “burrito season.” A spokeswoman said better weather and more daylight bring people to its locations. Its restaurants near colleges do more business when classes are in session as well, she said. The company also sought 15,000 workers a year ago.

☆ Jim Cramer's Investing Club meeting Friday: Inflation, semiconductors, Salesforce
▼ + stars: | 2023-01-27 | by ( Krystal Hur | ) www.cnbc.com time to read: +2 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Watch wage inflation Stocks rose on Friday after the goverbment released its monthly personal consumption expenditures price index — the Federal Reserve's preferred inflation metric. Don't sell Salesforce Salesforce (CRM) on Friday confirmed the appointment of three new board members . As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER .

☆ Chipotle seeks to hire 15,000 restaurant workers ahead of busy spring months
▼ + stars: | 2023-01-26 | by ( Amelia Lucas | ) www.cnbc.com time to read: +1 min

A "Now Hiring" sign is displayed in front of a Chipotle restaurant on October 07, 2022 in Washington, DC. Chipotle Mexican Grill is seeking to hire 15,000 restaurant workers ahead of its busiest time of the year, which runs from March to May. In recent months, restaurants have found it easier to attract and retain workers, a reversal after the labor crunch that ensued after pandemic lockdowns. And while layoffs have hit white-collar workers, primarily in the tech industry, low-wage retail and restaurant workers haven't faced any large-scale cuts. To attract and retain workers, the company offers benefits like free meals, tuition reimbursement, debt-free college degrees, access to mental health care and an all-crew bonus worth an extra month's pay each year.

☆ Snapchat's role in fentanyl crisis probed during House roundtable: 'It's a Snap-specific problem'
▼ + stars: | 2023-01-25 | by ( Lauren Feiner | ) www.cnbc.com time to read: +6 min

The roundtable featured the mother of a child who died after taking a drug containing fentanyl allegedly purchased over Snapchat, apparently believing it was a prescription painkiller. "Big Tech has many problems," said Carrie Goldberg, a lawyer who works on cases seeking to hold tech platforms accountable for often offline harms. Bloomberg reported Wednesday that the Federal Bureau of Investigation and Department of Justice are also investigating Snap's role in fentanyl sales. That's because it does not incentivize safety features, she said, and also prevents tech platforms from reaching the discovery stage in many cases, which could otherwise reveal internal information. But legislation weakening encryption for law enforcement investigations would also likely be at odds with the committee's other goal of increasing digital privacy protections.

☆ Live Nation exec will face lawmakers about Taylor Swift concert tickets fiasco
▼ + stars: | 2023-01-24 | by ( Parija Kavilanz | ) edition.cnn.com time to read: +7 min

“It goes without saying that I’m extremely protective of my fans,” Swift wrote on Instagram in November. The mergerCriticism of Ticketmaster’s dominance dates back decades, but the Swift ticketing incident has once again turned that issue into a dinner table discussion at many households. Concert promoter Live Nation and ticketing company Ticketmaster, two of the largest companies in the concert business, announced their merger in 2009. ‘Customers are the ones that pay the price’While irate fans were left scrambling to wade through the Swift ticket confusion, their collective anger caught lawmakers’ attention. To me, what happened with the Swift concert tickets was not necessarily the result of Ticketmaster being the dominant player in the industry,” he said.

☆ A 'January Effect' rally is happening in small cap stocks. Jefferies has some names to keep playing it
▼ + stars: | 2023-01-24 | by ( Carmen Reinicke | ) www.cnbc.com time to read: +3 min

Small-cap stocks have surged in the first few weeks of January, confirming an outperformance that's often seen early on in a new year. So far this year, the Russell 2000 Index – which tracks small-cap stocks — is up 7.4% through Monday's close, outperforming its large-cap counterpart, the Russell 1000, which is up 5% in the same period. Even within small-cap names, the smallest companies by market share have performed the best, according to a Jan. 24 note from Jefferies. "With the calendar turning to the new year, we have seen a nice relief rally in the smallest of the small caps with names below $500M [in market capitalization] up 11.3%," wrote Jefferies small-cap strategist Steven DeSanctis. Restaurants Bloomin' Brands —which owns chains such as Outback Steakhouse and Bonefish Grill — and Dave & Buster's top the Jefferies list of small-cap names with higher-quality themes.

☆ Jim Cramer's top 10 things to watch in the market Tuesday: Club earnings, AMD downgrade, Disney hope
▼ + stars: | 2023-01-24 | by ( Jim Cramer | ) www.cnbc.com time to read: +3 min

Three quarterly reports before the bell and Club holding Microsoft (MSFT) after the close. Club holding Nvidia (NVDA): Citi sees generative artificial intelligence ChatGPT as a $5 billion to $11 billion opportunity. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

☆ How Milan’s Seafood King Made Langosteria a Must for Foodies and Fashionistas Alike
▼ + stars: | 2023-01-22 | by ( Jay Cheshes | Photography Danilo Scarpati For Wsj. Magazine | ) www.wsj.com time to read: +1 min

Langosteria CEO Enrico Buonocore at one of the restaurant group’s four Milan outposts. And the waitstaff navigate the 150-seat dining room and an equally expansive terrace in parka-topped uniforms custom-made by Moncler . “It’s Langosteria, but Langosteria in the mountains,” says founder Enrico Buonocore, 46, of the Swiss outpost of his fashion-world haunt, a destination for seafood since 2007. “Our restaurants are not copy and paste, all are unique projects. The layout is the same, the gastronomic line is the same, but the restaurant is different.”

That was up from 10% in January 2022, but the pessimists were far outnumbered, with 71% of tech workers feeling positive. Many people spent Covid-19 lockdowns developing their digital skills, and plenty wound up switching from other sectors, like retail or education, into tech roles elsewhere. Professional and business services roles, which include engineering and “computer services,” were down 6,000 last month from November. Even so, employers’ broad appetite for tech skills could put something of a floor under wages — and prop up the appeal of tech roles in general — even as the economy slows. Experienced tech workers, rather than those new to the field, largely drove those pay gains, the jobs platform Hired found in research published in September.

☆ 10 best prepared meal delivery services in 2023, according to experts
▼ + stars: | 2023-01-17 | by ( Mili Godio | Mili Godio Is An Associate Reporter For Select On Nbc News. | ) www.nbcnews.com time to read: +14 min

Best prepared meal delivery services to considerWe talked to experts about their favorite prepared meal delivery services, including options for certain dietary restrictions like gluten-free and vegetarian, and highlighted their recommendations below across budgets and diets. All the meal delivery services below offer single-serve ready-to-eat meals, with some offering additional meal kit options, too. Cost : Starting at $11 per meal with free shipping: Starting at $11 per meal with free shipping Number of meals: Four to 18 meals per weekFactor provides a weekly rotating menu of over 27 pre-prepared meals designed by dieticians, according to the brand. You can choose your preferred meal plan, including a Breakfast plan that includes five smoothies, a Lunch option that features five soups and grain bowls or a combination of the two. Cost : Starting at $14 per meal with free shipping: Starting at $14 per meal with free shipping Number of meal: 12 meals per weekPlantable offers vegan, plant-based meals that are made from scratch in the company’s kitchen in Brooklyn, New York, according to the brand.

☆ This Goldman portfolio of stocks with strong profitability beat the market last year. Here's what's in it
▼ + stars: | 2023-01-17 | by ( Samantha Subin | ) www.cnbc.com time to read: +3 min

Few stocks — or industries — outperformed the market against 2022's tough macroeconomic backdrop, but one portfolio from Goldman Sachs crushed it and may have further room to shine in 2023. The basket includes 50 stocks with the highest consensus-expected ROE growth over the next 12 months. After a rebalance, here are some of the stocks included: Microsoft takeover target Activision Blizzard was among the newest additions to Goldman Sachs' basket. Shares gained more than 15% in 2022 even as technology stocks took a hit, with ROE is expected to grow by 11%. San Francisco-based Wells Fargo and consumer discretionary stocks Target and Chipotle Mexican Grill were also included in the Goldman basket.

☆ I wear pigtails as a waitress because men tip better when I do. It grosses me out, but the money is worth it.
▼ + stars: | 2023-01-15 | by ( Fortesa Latifi | ) www.businessinsider.com time to read: +4 min

Then she tried putting her hair in pigtails to get higher tips from male customers — and it worked. I was making so little money because the minimum wage in Utah for tipped employees is $2.13 an hour. In it, women realized that if they wore their hair in pigtails, they made more money in tips. I think it plays into a fantasy men have of schoolgirls and the innocence they think comes along with that. You might get weird comments from men or some negativity from women, but you'll get higher tips.

☆ Lebanon, Maine — where the winning Mega Millions lottery ticket was sold — is a small town for 'woodsy introverts' with just over 6,000 residents near New Hampshire
▼ + stars: | 2023-01-14 | by ( Bethany Biron | ) www.businessinsider.com time to read: +3 min

Maine just sold its first winning Mega Millions ticket for a whopping $1.35 billion. The ticket was sold at a gas station in the small town of Lebanon. "There is not much around, but it is a quiet little town in Maine," they wrote on the site. Hometown Gas & Grill in Lebanon, Maine. A total of 1,250 retailers sell lottery products in the state, and each business receives commissions and bonuses, per the Maine Lottery.

☆ Why one fast-casual restaurant is a Wall Street favorite, even with a recession looming
▼ + stars: | 2023-01-13 | by ( Carmen Reinicke | ) www.cnbc.com time to read: +6 min

One fast-casual restaurant chain has remained a favorite on Wall Street even as the U.S. grapples with a potential looming recession. Over the past 15 months, the burrito chain has introduced three rounds of price increases that boosted the cost of its products 13% from a year earlier. In addition, many Wall Street analysts are forecasting a mild recession, which is better for fast-casual restaurants as the hope is consumers won't have to pull back very much or for very long. Potential for growth Another reason that Wall Street likes Chipotle is that it has solid potential for growth in the coming months and years, according to Zackfia. Overall, however, Wall Street sees fast-casual restaurants holding up to economic weakness.

☆ Conagra CFO Doesn’t See Need for Big Price Increases in Near Term
▼ + stars: | 2023-01-13 | by ( Jennifer Williams-Alvarez | ) www.wsj.com time to read: +4 min

Photo: Conagra Brands“We won’t have any more significant price increases unless our cost, our inflation estimate, starts to go back up,” Mr. Marberger said. The reading comes amid moderating price increases after a peak of 9.1% in June. I never, ever remember that kind of a price increase,” Mr. Marberger said. “They are now turning the corner and from here are going to need less rapid price increases, unless some other price shocks occur.”Conagra’s sales volumes fell 8.4% for the quarter ended Nov. 27 as customers responded to the price increases, the company said. “And that plays well for us.”Overall, Conagra’s customers—which include retailers Walmart Inc. and Kroger Co. —have accepted the price increases, Mr. Marberger said.

☆ 8 best meal delivery services of 2023, according to experts
▼ + stars: | 2023-01-12 | by ( Mili Godio | Mili Godio Is An Associate Reporter For Select On Nbc News. | ) www.nbcnews.com time to read: +26 min

SKIP AHEAD The best meal kit delivery services | How to shop for a meal kit delivery serviceTo determine the best meal delivery service for you, we spoke to chefs, nutritionists and recipe developers about what to look for in a meal delivery service and highlighted their recommendations for the best ones to try this year. 8 best meal delivery services in 2023We talked to our experts about important features to consider when shopping for meal kit delivery services, including available options for certain dietary restrictions, how customizable the plans are and the quality of the ingredients. We separated them into two categories: meal kit services that send out individual ingredients and pre-made meal delivery services. Best meal kit delivery servicesThese expert-recommended meal delivery services all feature an option to send separate ingredients and allow shoppers to cook themselves. For those who don’t have as much time during the week, ready-to-eat meal delivery services are typically the best option.

☆ CFOs Ponder Their Pricing Power as the Economy Cools
▼ + stars: | 2023-01-09 | by ( Jennifer Williams-Alvarez | Dean Seal | ) www.wsj.com time to read: +7 min

After a year of significant price increases, companies are trying to figure out how far they can go in 2023. However, pricing experts said, consumers and businesses will likely pull back on discretionary spending and will be less tolerant of price increases as they become mindful of their budgets. The Katy, Texas-based retailer takes an item-by-item approach to price increases. Customers haven’t balked at higher price tags, Ms. Huber said in late October. Still, the company said the aggressive price hikes in 2022 haven’t yet had a significant impact on consumers’ behavior.

☆ Chili's CEO bought grills that can cook a medium steak in under 3 minutes — and says they could shave more than $5 million in losses from unhappy customers
▼ + stars: | 2023-01-09 | by ( Nancy Luna | ) www.businessinsider.com time to read: +2 min

Over the summer, Chili's was testing drone delivery and dining-room robots to improve operations. But, under new CEO Kevin Hochman, Brinker-owned Chili's ditched robots in favor of kitchen automation. "The robotics were slower than what our servers can do," Hochman told Insider. "The robotics were slower than what our servers can do," Hochman told Insider. That alone is likely to save the company millions of dollars from having to comp steaks sent back by unhappy customers.

Search resuls for: "Grill"

25 mentions found