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KFC U.S. takes a big hit in a competitive chicken category https://www.nrn.com/quick-service/kfc-us-takes-big-hit-competitive-chicken-category May 01, 2024 - The restaurant’s U.S. same-store sales declined by 7% in Q1, with executives citing weather and value promotions from QSR competitors.
Why Hillenbrand Stock Is Down Big Today https://www.fool.com/investing/2024/05/01/why-hillenbrand-stock-is-down-big-today/?source=iedfolrf0000001 May 01, 2024 - The company revised full-year estimates downward due to pricing pressure and product mix.
The US Government Is Asking Big Tech to Promise Better Cybersecurity https://www.wired.com/story/cisa-cybersecurity-pledge/ May 01, 2024 - The Biden administration is asking tech companies to sign a pledge, obtained by WIRED, to improve their digital security, including reduced default password use and improved vulnerability disclosures.
Meet the Woman Who Showed President Biden ChatGPT—and Helped Set the Course for AI https://www.wired.com/story/arati-prabhakar-ostp-biden-science-tech-adviser/ May 01, 2024 - Arati Prabhakar has the ear of the US president and a massive mission: help manage AI, revive the semiconductor industry, and pull off a cancer moonshot.
How Domino's is benefitting from this big change https://www.nrn.com/first-bite/how-dominos-benefitting-big-change May 01, 2024 - Domino’s Pizza is starting the fiscal year off strong with Q1 earnings highlights that include 5.6% same-store sales growth driven by transaction growth from the company’s new loyalty program. In a Q1 earnings call, Domino’s CEO Russell Weiner
“A big deal”: What the feds’ move to reclassify marijuana means for Colorado cannabis https://www.denverpost.com/2024/04/30/colorado-marijuana-reclassify-dea-taxes/ Apr 30, 2024 - Cannabis advocates in Colorado cheered the Biden Administration's reported move to reclassify marijuana and said the decision likely would reduce businesses' tax burden significantly -- even if it wouldn't resolve other challenges.
DPG: Why You Should Avoid The Utility Fund With A Big Discount And 9% Yield https://seekingalpha.com/article/4687732-dpg-why-you-should-avoid-the-utility-fund-with-a-big-discount-and-9-percent-yield?source=feed_tag_etf_portfolio_strategy Apr 30, 2024 - We had a hold rating on Duff & Phelps Utility and Infrastructure Fund Inc. and had rated its sister fund as a Strong Sell. Read more on DPG CEF here.
McDonald's and other big brands warn that low-income consumers are starting to crack https://www.cnbc.com/2024/04/30/companies-from-mcdonalds-to-3m-warn-inflation-is-squeezing-consumers.html Apr 30, 2024 - Higher prices have weighed on customers in an array of industries that interact with consumers.
This Week's Must-See Big Cap Earnings Charts https://www.zacks.com/stock/news/2265195/this-week-s-must-see-big-cap-earnings-charts?cid=CS-ZC-FT-video_blog-2265195 Apr 30, 2024 - 3 of these companies are among the top 10 largest companies in the S&P 500.
What a years-long probe of Big Oil reveals about its climate strategy https://www.washingtonpost.com/climate-environment/2024/04/30/oil-companies-climate-documents-democrats/ Apr 30, 2024 - Exxon downplayed Paris agreement climate targets, according to documents, while others privately were skeptical of achieve their “net zero” commitments.

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