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Shake Shack Shares Crash Most On Record; McDonald's CEO Warns Of Faltering Consumer
Shake Shack Shares Crash Most On Record; McDonald's CEO Warns Of Faltering Consumer
Shake Shack shares crashed the most on record after the burger chain reported weaker-than-expected first-quarter revenue and adjusted EBITDA, with management blaming the miss on "significant weather impacts."
But the weather excuse may be masking a much larger problem: a weakening consumer increasingly pushing back against premium fast-casual pricing, with the average Shake Shack meal costing around $23.
SHAK reported first-quarter results that missed Bloomberg Consensus estimates, with revenue and adjusted EBITDA coming in light as the burger chain...
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Jul 28, 2026 / Tyler Durden
This Is The Chart That Jensen Huang Does Not Want You To See
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In October 2025, while the world and his pet rabbit was buying anything-AI with both hands and feet, we were the first to warn that "AI Is Now A Debt Bubble Too, Quietly Surpassing All Banks To Become The Largest Sector In The Market"...
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The...
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Sep 30, 2026 / Tyler Durden
NATO Condemns Russian 'Nuclear Rhetoric' Amid Kaliningrad Row
NATO Condemns Russian 'Nuclear Rhetoric' Amid Kaliningrad Row
NATO has called out what it dubs 'desperate' rhetoric on the part of the Kremlin which invokes potential use of strategic forces, also at a moment of growing accusations from European officials that Moscow is engaged in sabotage against EU interests and assets.
"Russia’s use of hybrid tactics is a sign of desperation. But we will not be dissuaded from our support to Ukraine," NATO spokesperson Allison Hart said Tuesday, adding that "we [NATO] have what it takes to defend every inch of...
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Oct 2, 2026 / Tyler Durden
Canada Fast-Tracks 1 Million-Bpd Pacific Link Oil Pipeline To Asia
Canada Fast-Tracks 1 Million-Bpd Pacific Link Oil Pipeline To Asia
Authored by Julianne Geiger via OilPrice.com,
Canada is fast-tracking a proposed 1 million-barrel-per-day oil pipeline to the Pacific coast, giving Alberta another route to Asian buyers and another way around its overwhelming dependence on the U.S. market.
Prime Minister Mark Carney said Thursday that Ottawa will list the project as one of national interest, sending it through a single federal review process that Ottawa aims to complete by September 1, 2027, potentially allowing construction to begin shortly afterward.
The pipeline would run from...
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