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On this episode of Stock Movers: - McDonald's (MCD) shares are moving on news the company's earmarking roughly $8.5 billion to help franchisees implement a multiyear plan to serve better food, improve service and make restaurants easier to run. - Cracker Barrel (CBRL) shares are gaining after the restaurant chain provided an adjusted Ebitda forecast for fiscal 2027 that beat the average analyst estimate. - KBHomes (KBH) shares are dropping after the homebuilder lowered the upper end of its housing revenue forecast for the full year. The company also cut its housing gross profit margin for 2026. (Source: Bloomberg)
BRAZIL · ENERGY Key Facts — What happened Petrobras closed Tuesday at a record market value of R$692.35 billion (US$134.4 billion), the highest ever in nominal reais. — Why it happened Brent crude jumped 2.9% to US$108.75 a barrel after a pipeline closure and a loading halt at Saudi Arabia’s Yanbu port. — Production boost […] The post Petrobras Stock Hits Record Value as Oil Prices Surge appeared first on The Rio Times.
On this episode of Stock Movers: - Baldwin (BWIN) shares are moving as Michael Dellโs family office and Sequence Holdings teamed up to acquire Baldwin Insurance Group Inc. in an all-cash deal valued at $7.7 billion. - SpaceX (SPCX) shares are moving after the Chief Executive Elon Musk said Sunday on social media platform X that he is "highly confident" the company will launch Nvidia's (NVDA) Vera Rubin NLV72 artificial intelligence computers in space next year. - Oracle (ORCL) shares are lower as Chairman Larry Ellison canceled his plan to sell as many as 50 million shares in the tech company, a holding worth $7.5 billion. (Source: Bloomberg)