Shake Shack lowered its second-quarter revenue guidance to $415-$420 million from $424-$428 million, though still above estimates, and trimmed same-store sales growth to 2.5%-3%. Full-year EBITDA and net income forecasts were also reduced due to market uncertainties. The stock is in a bearish trend, down over 56% in the past year, reflecting investor concerns amid a tough environment. Shake Shack plans to report its next earnings update on July 30, 2026, with analysts maintaining a cautious outlook despite a buy consensus.
Gorilla Technology Group announced a $2 billion AI infrastructure agreement with Super Micro Computer to support Yotta Data Services’ AI project in India. The deal includes supply of AI hardware and networking equipment, and a strategic framework for...
U.S. stock markets hit fresh record highs driven by a surge in semiconductor and AI infrastructure stocks. The S&P 500 rose 0.2% to 7,614, the Dow gained 0.2% to 51,155, and the Nasdaq 100 led with a 0.4% increase to 30,649, fueled by chipmakers. Mar...
PrimeEnergy Resources Corporation revealed a negative natural gas price in Q1 2026, causing its stock to drop sharply twice in May. The company reported a realized gas price of negative $0.40 per Mcf due to pipeline capacity issues, leading to negati...
Adswerve has been selected as a North American partner for Google's new GCS Implementation Partner (GIP) program, part of the Data Strength Partner Program. This partnership helps brands improve first-party data infrastructure to recover lost convers...
A study by i10X Research reveals significant bias in AI-driven job application evaluations, where identical resumes written by different AI models receive vastly different hire recommendations. The study analyzed 100 candidate profiles across four AI...
