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News & Insights

REUTERS/ANDREW KELLY
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US Markets

Shake Shack Surges as Strong Burger Demand Fuels Quarterly Beat

Shares of Shake Shack soared 21% after the company topped market expectations for quarterly earnings on Thursday, propelled by higher prices and consumers' strong appetite for the restaurant chain's gourmet burgers and spicy fries.

  • 6 hours ago
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Video

Nasdaq Watch

Fed Minutes Show Officials Agreed on Restrictive Stance
Federal Reserve participants "viewed the policy rate as likely at or near its peak for this tightening cycle,” according to the minutes of the Dec. 12-13 Federal Open Market Committee meeting. Kailey Leinz reports.
Jan 03, 2024
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