markets

Max Knoblauch4/29/26

There can only be one: Chili’s owner Brinker surges, Wingstop crashes following earnings

It’s a tale of two chickens. Brinker (which owns Chili’s) and Wingstop each reported earnings on Wednesday, and the two restaurant chains are moving in drastically different directions. Brinker surged more than 13%, while Wingstop fell 10%.

Chili’s logged its 20th consecutive quarter of same-store sales growth for Brinker, driving overall growth for the company. Brinker slightly boosted the lower end of its full-year 2026 guidance for both sales and adjusted earnings.

Meanwhile, Q1 domestic same-store sales at Wingstop fell by 8.7%, deeper than analysts had expected. Wingstop lowered its same-store sales forecast to the low single digits.

Both chains sell a lot of chicken, but Chili’s is generally seen as providing a better value with options like its “3 for me” value deals. According to Circana, 29% of all food service traffic in 2025 was driven by deals — a 50-year high.

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Meet the newly public, Bezos-backed company that’s recreating the sun and stars

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markets

J. Edward Moreno7/7/26

SpaceX gets a wave of bullish ratings from Wall Street analysts

SpaceX received more than a dozen positive analyst calls on Tuesday — including from major Wall Street banks — as they initiate coverage on Elon Musk’s space and AI company.

SpaceX went public on June 12 at a $2.2 trillion valuation, the largest debut in history. While the company hasn’t yet posted a profit, it seems to have convinced Wall Street that it will get there and grow its valuation on the way.

Of the at least 17 analysts that gave a rating on Tuesday, all but one gave it a “buy” or “outperform” rating. MoffettNathanson was "neutral."

The ratings come as SpaceX joined the Nasdaq 100 index, a benchmark tech-heavy basket of companies that underpins millions of portfolios. The inclusion adds built-in demand for the stock from index funds and ETFs.

Still, SpaceX fell more than 5% on Tuesday amid a broader sell-off, and is currently effectively flat from its opening price of $150 a share.

US job growth falls far short of estimates in June; unemployment rate unexpectedly dips to 4.2%

Job growth was 57,000. Analysts foresaw job growth of 113,000; prediction markets were more optimistic, looking for job growth above 125,000 but below 150,000.

Floridians Seek Employment Opportunities At Job Fair In Sunrise

Meta surges on report it’s starting a cloud business to sell excess AI compute

The story of the hyperscalers in 2026 has largely been “the beatings will continue until the cash flow outlook improves;” this could help change the story for Meta. Or not.

Meta CEO Mark Zuckerberg visits U.S. Capitol for Senate meetings

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