Cracker Barrel Old Country Store (NASDAQ: CBRL) stock cooked up a 27.6% gain through 11:05 a.m. ET Wednesday, after reporting better than expected earnings last night. Heading into the company's fiscal Q3 2026 report, analysts predicted Cracker Barrel would lose $0.42 per share (pro forma) on sales of $777.5 million. But Cracker Barrel reported a surprise profit instead -- $0.29 per share -- and s...
Cracker Barrel Old Country Store (NASDAQ: CBRL) stock cooked up a 27.6% gain through 11:05 a.m. ET Wednesday, after reporting better than expected earnings last night. Heading into the company's fiscal Q3 2026 report, analysts predicted Cracker Barrel would lose $0.42 per share (pro forma) on sales of $777.5 million. But Cracker Barrel reported a surprise profit instead -- $0.29 per share -- and sales came in at $797.4 million. Image source: Getty Images. Continue reading
(RTTNews) - After showing a lack of direction early in the session, stocks have moved mostly lower over the course of the trading day on Wednesday. The major averages have all moved to the downside, with the Nasdaq and the S&P 500 adding to the losses posted in the previous sessi
(RTTNews) - After showing a lack of direction early in the session, stocks have moved mostly lower over the course of the trading day on Wednesday. The major averages have all moved to the downside, with the Nasdaq and the S&P 500 adding to the losses posted in the previous sessi
Gargolas/iStock via Getty Images Black Hills ( BKH ) up 6.1% in Wednesday's trading after saying it will continue the proposed 1.8 GW data center project in Cheyenne, Wyoming, even without data center developer Crusoe as a partner. " While Crusoe is no longer the development partner for this project, the project continues to progress as planned and is tracking for service to begin in early 2028," ...
Gargolas/iStock via Getty Images Black Hills ( BKH ) up 6.1% in Wednesday's trading after saying it will continue the proposed 1.8 GW data center project in Cheyenne, Wyoming, even without data center developer Crusoe as a partner. " While Crusoe is no longer the development partner for this project, the project continues to progress as planned and is tracking for service to begin in early 2028," Black Hills ( BKH ) said. "The 1.8 GW project has not been paused and continues to represent a significant opportunity for the company." Black Hills ( BKH ) said its Wyoming electric utility subsidiary entered into an agreement in April to procure long lead-time generation equipment with a prospective customer who has provided more than $200M in refundable contributions in aid of construction to date for milestone payments to secure generation equipment. Crusoe had been working with Blackstone-backed energy company Tallgrass to develop the project, but it said Tuesday it paused development activities "at the request of our customer." Crusoe's total project pipeline, including contracts and sites in discussions with tenants, exceeds 40 GW. More on Black Hills Black Hills Q1 2026 Earnings Call Presentation Black Hills: Plug Your Portfolio Into Strong Utility Returns Seeking Alpha's Quant Rating on Black Hills
President Donald Trump congratulated Citigroup and CEO Jane Fraser for being the top adviser on mergers and acquisitions. But the bank is nowhere near the top of the list in the first quarter and has actually slipped. Todd Gillespie covers the bank for us. (Source: Bloomberg)
President Donald Trump congratulated Citigroup and CEO Jane Fraser for being the top adviser on mergers and acquisitions. But the bank is nowhere near the top of the list in the first quarter and has actually slipped. Todd Gillespie covers the bank for us. (Source: Bloomberg)
Phiwath Jittamas/iStock via Getty Images USA at a 52-Week Low Discount, or is ADX Still the Better Bet? In this article, my goal is to assess the viability of pivoting to The Liberty All-Star Equity Fund (NYSE: USA ) rather than buying my personal favorite US equity large cap blend closed-end fund, The Adams Diversified Equity Fund (NYSE: ADX ). Liberty All-Star is trading near a 52-week low disco...
Phiwath Jittamas/iStock via Getty Images USA at a 52-Week Low Discount, or is ADX Still the Better Bet? In this article, my goal is to assess the viability of pivoting to The Liberty All-Star Equity Fund (NYSE: USA ) rather than buying my personal favorite US equity large cap blend closed-end fund, The Adams Diversified Equity Fund (NYSE: ADX ). Liberty All-Star is trading near a 52-week low discount, whereas the discount gap has closed significantly for ADX over the last few years vs. the historical norm. Performance in the active strategy for ADX's large-cap blend fund is the simple answer as to why investors are paying up for the fund [narrowing the discount]. But is there a discount level at which the USA could be the near-term better bet? Let's examine the forward possibilities. What Both Funds Do USA all-starfunds.com/usa USA is a Large-CAP Core blend fund that has multiple sub-managers. There are 3 value teams and 2 growth teams. Some investors like to have more managers when it comes to active management, so this could either be a feature or a turn-off, depending on the individual. Discount/Premium CEF connect The fund is currently trading at a -10.77% discount, close to the 52-week low. ADX Adams Funds ADX is one of the oldest all-equity funds. The fund is also the largest all-equity [non-metals] closed-end fund by assets under management. Discount/Premium CEF connect ADX is currently trading at a smaller discount than the 52-week average, but not at an absolute high. Discount/Premium Difference The difference is a 6.72% greater discount for USA vs ADX. Side by Side Fee Comparison Seeking Alpha One of the big features of ADX is that it has one of the lowest expense ratios of all closed-end funds. The low expense ratio combined with great active management has been 2 factors that have helped the fund outperform the S&P 500 over many periods and most closed-end funds. Both Funds vs. SPY Data by YCharts Since the inception of SPY [S&P 500 proxy], ADX has been ...
Bargain hunters are wise to pay careful attention to insider buying, because although there are many various reasons for an insider to sell a stock, presumably the only reason they would use their hard-earned cash to make a purchase, is that they expect to make money. Today we
Bargain hunters are wise to pay careful attention to insider buying, because although there are many various reasons for an insider to sell a stock, presumably the only reason they would use their hard-earned cash to make a purchase, is that they expect to make money. Today we
Restaurant chain took chainsaw to ancient oak tree in Enfield without permission The restaurant chain Toby Carvery has settled a legal dispute after taking a chainsaw to an ancient oak tree without permission by agreeing to pay for the restoration of a lost orchard. The unauthorised partial felling of the 500-year-old oak next to a Toby Carvery car park in Whitewebbs Park, Enfield, in April last y...
Restaurant chain took chainsaw to ancient oak tree in Enfield without permission The restaurant chain Toby Carvery has settled a legal dispute after taking a chainsaw to an ancient oak tree without permission by agreeing to pay for the restoration of a lost orchard. The unauthorised partial felling of the 500-year-old oak next to a Toby Carvery car park in Whitewebbs Park, Enfield, in April last year, prompted widespread public outrage and questions in parliament . Continue reading...
Apollo Global Management ’s John Zito said too many companies are deploying artificial intelligence tools for relatively mundane tasks that don’t justify the significant costs and computing power. “Our IQs are so low that we’re actually using” AI tools “to check out the recipe for, you know, French toast,” said Zito, co-president of Apollo Asset Management. “That’s where you’re seeing the prices g...
Apollo Global Management ’s John Zito said too many companies are deploying artificial intelligence tools for relatively mundane tasks that don’t justify the significant costs and computing power. “Our IQs are so low that we’re actually using” AI tools “to check out the recipe for, you know, French toast,” said Zito, co-president of Apollo Asset Management. “That’s where you’re seeing the prices go up.” Only “a handful” of people have the ability — and the need — to use the most cutting-edge AI tools, he said. Referring to Anthropic PBC ’s latest Claude AI model, he joked that his own IQ is “not high enough to be able to use what Mythos 2 will be powerful enough to do.” The difference in the kinds of tasks being directed to various AI tools and agents will create a new economy for the sector, he said. “The AMD chip, the Nvidia chip, all these different chips will be used and optimized for a certain use-case to solve the spend problem,” he said, speaking at the Morgan Stanley Financial Services Conference. For firms like Citadel Securities , Jane Street and other companies that have highly complex quantum computing needs, investing in the most sophisticated tools will be “really expensive, but the ROI is going to be massive.” Uber Technologies Inc. recently set usage limits on some of the tools for its staff, after it blew through its AI budget earlier this year. Earlier this month Walmart also restricted employee usage of an in-house AI agent that helps with spreadsheets, presentations and other professional tasks.
Weekly distribution ETFs have attracted a lot of attention from income investors. But before chasing those payouts, it is important to understand how distributions work. When an ETF goes ex-distribution, its net asset value falls by the amount of the upcoming payment, all else being equal. Money is leaving the fund and being transferred to ... XDTE vs QDTE: Which Roundhill 0DTE ETF Actually Pays t...
Weekly distribution ETFs have attracted a lot of attention from income investors. But before chasing those payouts, it is important to understand how distributions work. When an ETF goes ex-distribution, its net asset value falls by the amount of the upcoming payment, all else being equal. Money is leaving the fund and being transferred to ... XDTE vs QDTE: Which Roundhill 0DTE ETF Actually Pays the Higher Friday Yield