A number of stocks fell in the afternoon session after markets continued to decline, as investors grew cautious ahead of a key speech by Federal Reserve Chair Jerome Powell. The move came as U.S. equity markets recorded a fifth consecutive day of losses for major indexes like the S&P 500, with technology stocks experiencing the largest declines. Investors have grown wary that the sharp rally in the tech sector since April may have advanced too far. The market-wide caution is largely driven by the upcoming Jackson Hole symposium, a meeting of central bankers, where traders are anxiously awaiting Fed Chair Powell's speech on Friday for guidance on the future path of interest rates.
Restaurants increase convenience and give many people a place to unwind. But the side dish is that they’re quite difficult to operate because high inventory and labor costs generally lead to thin margins at the store level.
This leaves little room for error if demand dries up, and it seems like the market has some reservations as the industry has tumbled by 11.8% over the past six months. This drop is a far cry from the S&P 500’s 6.4% ascent.
A number of stocks fell in the afternoon session after the major indices continued to pull back, with technology stocks accounting for most of the market's largest decliners. A key reason for this trend is that much of the recent market gains were concentrated in the "AI trade," which includes these large technology and semiconductor companies. So this could also mean that some investors are locking in some gains ahead of more definitive feedback from the Fed.
Shares of doughnut chain Krispy Kreme (NASDAQ:DNUT)
jumped 3.4% in the morning session after the company launched a new limited-edition doughnut collection in partnership with Warner Bros. based on the popular Harry Potter series. The new collection, launched in partnership with Warner Bros. Discovery Global Consumer Products, features doughnuts inspired by the four Hogwarts houses: Gryffindor, Slytherin, Hufflepuff, and Ravenclaw. The collaboration with the globally recognized Harry Potter brand is a significant marketing move expected to attract fans and drive sales. To celebrate the launch, which began on August 18, Krispy Kreme is holding in-store events with freebies for customers who arrive in costume. This limited-time offering will also be available through retail partners, including 7-Eleven, expanding its market reach. The excitement surrounding this major brand partnership is likely fueling positive investor sentiment.
A number of stocks jumped in the morning session after investors cheered a government report showing that inflation remained steady in July. The steady inflation figures have fueled expectations that the Federal Reserve may soon consider an interest rate cut to stimulate the economy, a move that would likely benefit consumer discretionary spending, including dining out.
Doughnut chain Krispy Kreme (NASDAQ:DNUT) announced better-than-expected revenue in Q2 CY2025, but sales fell by 13.5% year on year to $379.8 million. Its non-GAAP loss of $0.15 per share was significantly below analysts’ consensus estimates.
Doughnut chain Krispy Kreme (NASDAQ:DNUT) reported revenue ahead of Wall Street’s expectations in Q2 CY2025, but sales fell by 13.5% year on year to $379.8 million. Its non-GAAP loss of $0.15 per share was significantly below analysts’ consensus estimates.
Krispy Kreme posted a Q2 EPS loss amid margin pressure from its ended McDonald's partnership and unveiled a four-pronged turnaround plan to restore profitability by Q3.
Krispy Kreme's Q2 2025 earnings miss revenue and EPS estimates amid restructuring, with revenue at $379.8M and adjusted EPS at -$0.15. Shares show cautious optimism despite recent declines.
A number of stocks fell in the afternoon session after a surprisingly weak U.S. jobs report and renewed fears over international trade policy fueled concerns about a slowdown in consumer spending.
Small-cap stocks in the Russell 2000 (^RUT) can be a goldmine for investors looking beyond the usual large-cap names.
But with less stability and fewer resources than their bigger counterparts, these companies face steeper challenges in scaling their businesses.
