Today: 28 June 2026
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ASX:GYG 20 February 2026 - 22 May 2026

Guzman y Gomez shares rise after U.S. move, focus returns to Australia

Guzman y Gomez shares rise after U.S. move, focus returns to Australia

Guzman y Gomez will close all Chicago restaurants and exit the U.S. immediately after poor sales, expecting a one-off FY26 loss of US$30–40 million and cash costs capped at US$15 million. Shares jumped up to 20% on Friday as investors welcomed the move. The company raised its Australia segment EBITDA guidance to A$85 million. GYG said the exit will not affect its FY26 dividend or buyback program.
22 May 2026
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ASX Ends Higher as Miners Lead, Guzman y Gomez Gains After U.S. Exit

ASX Ends Higher as Miners Lead, Guzman y Gomez Gains After U.S. Exit

Australian shares closed up 0.41% at 8,657 on Friday, led by miners and a 9.6% surge in Guzman y Gomez after the fast-food chain announced it would exit the U.S. market. Miners gained 1.3%, while Seek fell 5.6%. Softer jobs data eased rate-hike fears, with unemployment rising to 4.5% in April. The Reserve Bank’s cash rate remains at 4.35%.
22 May 2026
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Stock Market Today

  • Stock Market Outlook Focuses on AI Earnings and Fed Rate Risks
    June 28, 2026, 9:09 AM EDT. The stock market faced volatility last week, driven by declines in the AI and technology sectors, particularly among the 'Magnificent 7' tech giants like Microsoft, Apple, and NVIDIA. Despite last week's sell-off, the iShares Future AI and Tech ETF remains over 50% higher for 2026. Semiconductor stocks, led by Micron Technology's strong earnings outlook, still show robust gains year-to-date. Meanwhile, typically non-correlated assets like gold, silver, and Bitcoin also fell, marking a tough start to the year for these metals and cryptocurrencies. The market's near-term outlook hinges on strong second-quarter technology earnings growth estimated at 63.2%, supported by a resilient U.S. economy with a projected 2.5% GDP growth. However, risks remain from persistently elevated inflation and potential Federal Reserve rate actions.

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Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

US Stock Market Today: Live Updates 28.06.2026

28 June 2026
LIVEMarkets rolling coverageStarted: June 28, 2026, 4:00 AM EDTUpdated: June 28, 2026, 9:09 AM EDT Stock Market Outlook Focuses on AI Earnings and Fed Rate Risks June 28, 2026, 9:09 AM EDT. The stock market faced volatility last week, driven by declines in the AI and technology sectors, particularly among the ‘Magnificent 7’ tech giants like Microsoft, Apple, and NVIDIA. Despite last week’s sell-off, the iShares Future AI and Tech ETF remains over 50% higher for 2026. Semiconductor stocks, led by Micron Technology’s strong earnings outlook, still show robust gains year-to-date. Meanwhile, typically non-correlated assets like gold, silver, and Bitcoin
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