Caterpillar Inc. (CAT) has introduced a cutting-edge solution that is capable of transferring energy to large mining trucks while they are in use at a mining site, irrespective of whether they run on diesel-electric or battery-electric systems. This integrated solution will drive sustainability and efficiency in the mining industry.More on Cat Dynamic Energy TransferThe Cat Dynamic Energy Transfer (DET) is engineered to transfer energy to large mining trucks (both diesel-electric and battery-electric) while ...

The Federal Reserve just cut interest rates by 50 basis points. Here's who wins.After several years of keeping interest rates elevated to tame inflation, the Federal Reserve finally flipped the lever the other way on Wednesday.The central bank surprised some investors by opting for a 50-basis-point cut, lowering the federal funds rate 4.75% to 5%. The move should give a welcome boost to the economy, even though major stock market indexes gave up their initial gains by the end of that day's session.Still, lo ...

It's no secret that Chili's has been making a name for itself in the casual dining segment. The recent ' 3 For Me ' value promotion was successful in both significantly increasing theI'm an equity analyst specializing in restaurant stocks, with a solid background in Business Administration and Accounting. I also have an MBA in Forensic Accounting and Controllership.As the founder of Goulart's Restaurant Stocks, I lead a company that excels at analyzing restaurant stocks in the US market. Our approach covers ...

Shares of Monster Beverage Corporation (MNST) have gained 11.2% in the past month, outperforming the Zacks Beverages – Soft Drinks industry’s 2.8% growth, broader Consumer Staples sector’s return of 2.7% and the S&P 500 index’s 0.4% rise. This outperformance is attributed to the company’s expansion strategy and continued strength in its energy drinks category.Currently priced at $52.35, MNST stock is trading at 14.5% to its 52-week high of $61.23. However, it is trading at a 20.8% premium to its 52-week low ...

After the Federal Reserve's first interest rate cut in four years, Bitcoin (BTC) today moved above $63,000 for the first time since Aug. 27. Crypto stocks MARA Holdings, Inc (NASDAQ:MARA) and Coinbase Global Inc (NASDAQ:COIN) sport solid intraday gains as a result.Plus, BTC exchange-traded fund (ETF) iShares Bitcoin Trust (NASDAQ:IBIT) is higher, up 6.4% at $36.35 at last glance. IBIT is an ETF a lot of investors are going to want to keep their eyes on, too, as the outcome of the 2024 U.S. Presidential elec ...

In its FOMC meeting, the Federal Reserve announced cutting the interest rate by 50 basis points. This is the first time in four years that the central bank has taken such an action. The interest rate is now 4.75%-5%, down from a more than two-decade high of 5.25%-5.5%. All the major indices — the S&P 500, Dow Jones Industrial Average and Nasdaq — declined yesterday. Despite the lowered rate, Cincinnati Financial Corporation (CINF) , W. R. Berkley Corporation (WRB) and AXIS Capital Holdings Limited (AXS) are ...

Garmin (GRMN) recently unveiled the inReach Messenger Plus, its first satellite communicator. The communicator includes photo and voice messaging, in addition to global two-way texting, location sharing and SOS functions.Garmin’s inReach devices are known for their durable, temperature-resistant design, ideal for outdoor areas without cell coverage. The inReach Messenger Plus features weeks of battery life and offers reliable satellite communication as a standalone device or paired with the Garmin Messenger ...

Real estate investment trust (REIT) investors now have reasons to rejoice because the Fed officials have announced a 50-basis point (bps) cut to the federal funds rate to a range of 4.75%-5%. This comes amid indications of a moderation in inflation and a softening of the labor market. It marks the first downward move in four and a half years and comes to avert a labor market slowdown.The Fed’s new dot-plot also indicates another 50 bps cut by the end of this year, another full percentage point reduction by ...

FAT Brands Inc. (FAT) introduced a new co-branded online ordering system for Great American Cookies and Marble Slab Creamery, featuring an innovative 3D cookie cake builder. This system is developed in partnership with Rapturous, the digital restaurant transformation arm of 3 Owl and Olo Inc. (OLO) — a leading technology provider for restaurants.The new user experience integrates both brands into a unified experience, improving the interaction for customers at co-branded and individual stores. This platform ...

Helen of Troy Limited (HELE) experienced significant stock volatility, with shares dropping 40.4% in the past three months. This steep decline contrasts sharply with the broader industry's fall of 22.8%. The Consumer Staple sector and the S&P 500 posted positive increases of 8.3% and 2.4%, respectively, highlighting HELE’s underperformance during this period.The downturn in Helen of Troy's stock stemmed from operational challenges, ongoing macroeconomic uncertainty and a strained consumer environment. Eleva ...