Evie Liu

Evie Liu

Reporter

LATEST ARTICLES

Egg Producers Settle Price Manipulation Claims

Egg Producers Settle Price Manipulation Claims

In the civil antitrust case, the government alleges that Cal-Maine Foods, Hickman’s Egg Ranch, and Versova-related entities coordinated their bidding activity tied to a egg-price reporting service.

2 minute read

Constellation Earnings Will Test Whether Beer Is Back

Constellation Earnings Will Test Whether Beer Is Back

Constellation Brands reports earnings Tuesday, with investors focused on whether Modelo and Corona can keep beer sales growing while offsetting pressure on margins.

2 minute read

Shake Shack Stock Is Down 32% This Year. How the World Cup Could Give It the Kick It Needs.

Shake Shack Stock Is Down 32% This Year. How the World Cup Could Give It the Kick It Needs.

More than 35% of Shake Shack’s U.S. company-owned restaurants are within 30 miles of World Cup venues—a draw for more customers.

2 minute read

Alcohol Stocks Are Down. Why One Analyst Says They Could Bounce Back.

Alcohol Stocks Are Down. Why One Analyst Says They Could Bounce Back.

TD Cowen analysts say reduced alcohol spending is a result of reduced overall spending, and the pressure might ease as young consumers age into adulthood.

3 minute read

Wendy’s Meme Rally Stalls. Short Sellers Are on Watch.

Wendy’s Meme Rally Stalls. Short Sellers Are on Watch.

The struggling fast-food chain is seeing more action than Micron, which just posted stellar earnings.

3 minute read

Why New CEOs Aren’t Quick Fixes for Sluggish Stocks

Why New CEOs Aren’t Quick Fixes for Sluggish Stocks

Domino’s Pizza shares fell after it named a new CEO. It wasn’t an unusual reaction on Wall Street.

3 minute read

Wendy's Stock Soars 35%. It Could Be the Next Meme.

Wendy's Stock Soars 35%. It Could Be the Next Meme.

The rally came after a slew of posts on the WallStreetBets investing forum urge retail traders to buy the struggling fast-food chain.

3 minute read

Why Falling Oil Prices Are Bad News for Packaged-Food Companies

Why Falling Oil Prices Are Bad News for Packaged-Food Companies

A memorandum of understanding between the U.S. and Iran, and a drop in oil prices, make it harder for food companies to justify price hikes.

2 minute read

Heineken’s New CEO Is an Outsider Who Will Battle Slower Beer Demand

Heineken’s New CEO Is an Outsider Who Will Battle Slower Beer Demand

Rafael Oliveira is coming from JDE Peet’s, the coffee and tea company, where he has been CEO since 2024. He succeeds Dolf van den Brink.

2 minute read

Domino's Is Getting a New CEO. The Stock Continues Falling.

Domino's Is Getting a New CEO. The Stock Continues Falling.

Pizza sales are sluggish, and Domino’s same-store sales rose just 0.9% in the first quarter.

1 minute read

Coffee Prices Are Heating Up. Is It a Rally or a Trap?

Coffee Prices Are Heating Up. Is It a Rally or a Trap?

Heavy rain in Brazil, the world’s largest coffee producer, has disrupted the harvest and raised concerns about bean quality.

3 minute read

McDonald’s and Cava Are Winning. Diners Are Going Value or Premium.

McDonald’s and Cava Are Winning. Diners Are Going Value or Premium.

Restaurant spending is fragmenting as consumers trade down for value or up for experiences, leaving midtier brands struggling.

3 minute read

Yum! Brands Is Selling Pizza Hut for $2.7 Billion

Yum! Brands Is Selling Pizza Hut for $2.7 Billion

It plans to use the proceeds to invest in technology and return capital to shareholders.

3 minute read

Cathie Wood Backs Musk as ARK Piles Into SpaceX

Cathie Wood Backs Musk as ARK Piles Into SpaceX

Cathie Wood’s ARK Invest funds held roughly 3.29 million shares of SpaceX by the end of June 12, the day Elon Musk’s company went public.

2 minute read

Why Fertilizer Stocks Didn't Sell Off on Iran Peace Deal Announcement

Why Fertilizer Stocks Didn't Sell Off on Iran Peace Deal Announcement

CF Industries, Nutrien and Mosaic stocks were down on Monday following the news of a deal that would wind down the Iran war.

2 minute read

Shake Shack and 5 More Restaurant Stocks That Look Appetizing

Shake Shack and 5 More Restaurant Stocks That Look Appetizing

It’s tough being in the dining-out business right now. Soaring food costs are keeping families at home. Still, there are companies that can grow.

Long Read

Justice Department Clears Paramount’s Warner Bros. Takeover. Investors Still Have Questions.

Justice Department Clears Paramount’s Warner Bros. Takeover. Investors Still Have Questions.

The deal would combine Warner Bros. Discovery’s studios, cable networks and streaming assets with Paramount’s film, TV and streaming businesses.

2 minute read

Why JBS Is Closing Plants Even as Beef Prices Hit Records

Why JBS Is Closing Plants Even as Beef Prices Hit Records

JBS executives have warned that the U.S. beef industry has more processing capacity than current cattle supplies can support.

3 minute read

World Cup Arrives as Beer Sales Need a Boost

World Cup Arrives as Beer Sales Need a Boost

A Numerator survey found that 27% of U.S. World Cup watchers expect to watch from a bar, restaurant or public space, while 24% plan to host a watch party.

2 minute read

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