markets

Tom Jones8/27/25

Cracker Barrel’s stock soars as it switches the logo back

Don’t panic, everyone: the man, the barrel, and the bit of text at the bottom will all be returned to their usual place on the Cracker Barrel logo. Shares are trading 7% higher early on Wednesday on the news.

Just one week (and a pretty huge social media storm) since it first announced the stripped-back rebrand, the Southern-themed restaurant chain announced the switch and thanked their guests for sharing their “voices and love” on the proposed redesign.

President Trump — who had, along with his son Donald Trump Jr., been among those bashing the new, text-only logo online — took the time to praise the decision on Truth Social:

The redesign had come as part of a broader plan to revamp its restaurants and revitalize sales growth at the 56-year-old chain.

Cracker Barrel scraps new logo after backlash

President Trump — who had, along with his son Donald Trump Jr., been among those bashing the new, text-only logo online — took the time to praise the decision on Truth Social:

The redesign had come as part of a broader plan to revamp its restaurants and revitalize sales growth at the 56-year-old chain.

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markets

J. Edward Moreno7/7/26

SpaceX gets a wave of bullish ratings from Wall Street analysts

SpaceX received more than a dozen positive analyst calls on Tuesday — including from major Wall Street banks — as they initiate coverage on Elon Musk’s space and AI company.

SpaceX went public on June 12 at a $2.2 trillion valuation, the largest debut in history. While the company hasn’t yet posted a profit, it seems to have convinced Wall Street that it will get there and grow its valuation on the way.

Of the at least 17 analysts that gave a rating on Tuesday, all but one gave it a “buy” or “outperform” rating. MoffettNathanson was "neutral."

The ratings come as SpaceX joined the Nasdaq 100 index, a benchmark tech-heavy basket of companies that underpins millions of portfolios. The inclusion adds built-in demand for the stock from index funds and ETFs.

Still, SpaceX fell more than 5% on Tuesday amid a broader sell-off, and is currently effectively flat from its opening price of $150 a share.

US job growth falls far short of estimates in June; unemployment rate unexpectedly dips to 4.2%

Job growth was 57,000. Analysts foresaw job growth of 113,000; prediction markets were more optimistic, looking for job growth above 125,000 but below 150,000.

Floridians Seek Employment Opportunities At Job Fair In Sunrise

Meta surges on report it’s starting a cloud business to sell excess AI compute

The story of the hyperscalers in 2026 has largely been “the beatings will continue until the cash flow outlook improves;” this could help change the story for Meta. Or not.

Meta CEO Mark Zuckerberg visits U.S. Capitol for Senate meetings

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