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NASDAQ:WEN 5 November 2025 - 1 January 2026

Arby’s quietly closes more locations as fast-food chains retrench into 2026

Arby’s quietly closes more locations as fast-food chains retrench into 2026

Arby’s has closed at least 14 U.S. restaurants in 2025, with shutdowns reported in California, Delaware, Florida, Maryland, New Jersey, South Carolina, Tennessee, and Washington. The company has not released a full list of affected locations. Rising food, labor, and rent costs are pressuring fast-food chains to trim underperforming stores. Closures have been confirmed in cities including Memphis, Fresno, and North Charleston.
30 December 2025
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Wendy’s to Close 200–350 U.S. Restaurants as ‘Project Fresh’ Accelerates — What We Know Today (Nov. 10, 2025)

Wendy’s to Close 200–350 U.S. Restaurants as ‘Project Fresh’ Accelerates — What We Know Today (Nov. 10, 2025)

Wendy’s will close about 200 to 350 U.S. restaurants, or a mid-single-digit percentage of its footprint, starting late 2025 through 2026. The company cited a 4.7% drop in U.S. same-restaurant sales in Q3 and said closures will target underperforming locations. No list of affected stores has been released. The move is part of a broader turnaround effort called “Project Fresh.”
10 November 2025
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Wendy’s (WEN) pops after Q3 beat as ‘Project Fresh’ adds store-closure plan — Nov. 7, 2025

Wendy’s (WEN) pops after Q3 beat as ‘Project Fresh’ adds store-closure plan — Nov. 7, 2025

Wendy’s beat Q3 earnings estimates with adjusted EPS of $0.24 and declared a $0.14 per-share dividend. Revenue fell 3% to $549.5 million as U.S. same-restaurant sales dropped 4.7%. Management said a mid-single-digit percentage of U.S. locations—roughly 200 to 350 restaurants—could close under the new Project Fresh turnaround plan. Shares traded near $9.50 intraday.
7 November 2025
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Carl’s Jr. Drops $1 Meals Across SoCal as Shutdown Breaks Record—Who Qualifies, Where to Go, and What It Means for Fast‑Food Stocks

Carl’s Jr. Drops $1 Meals Across SoCal as Shutdown Breaks Record—Who Qualifies, Where to Go, and What It Means for Fast‑Food Stocks

The U.S. government shutdown reached Day 36, now the longest on record, after Senate talks failed overnight. Carl’s Jr. franchisee Akash Management LLC is offering $1 kids meals to federal workers, military families, and SNAP/EBT recipients at select Southern California locations during the shutdown. Courts ordered partial November SNAP funding, but delays and cuts are expected. L.A. County added $10 million to its food bank.
5 November 2025
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Stock Market Today

  • Oppenheimer Raises Target Hospitality Price Target to $18, Sees 20% Upside
    April 9, 2026, 10:38 AM EDT. Oppenheimer lifted its price target for Target Hospitality (NASDAQ:TH) stock from $11 to $18, signaling a 20% potential upside. The firm rated the stock as outperform, reflecting growing confidence amid mixed analyst views. Other firms like Texas Capital and Stifel Nicolaus also upgraded ratings, while Weiss maintained a sell rating. Target Hospitality's shares opened Thursday at $14.99, near a 12-month high. Despite a recent quarterly earnings miss with a loss of $0.15 per share, revenue topped expectations at $89.78 million. The stock holds a market cap of $1.5 billion and a negative P/E ratio due to losses. Insider selling occurred in January, with EVP Heidi Diane Lewis reducing holdings by 6.39%. Institutional interest remains active, marking a nuanced outlook for the company in the hospitality sector.

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Grab Holdings Bets on AI as Group Ride Tool Targets 40% Lower Fares

Grab Holdings Bets on AI as Group Ride Tool Targets 40% Lower Fares

9 April 2026
Grab Holdings launched 13 new AI-powered products in Jakarta, including a “Group Ride” feature that can cut fares by up to 40% for shared routes. CEO Anthony Tan said the tools aim to offset rising fuel costs and support demand as households tighten spending. The company’s 2026 revenue and profit forecasts remain below analyst expectations. Grab’s $600 million deal to buy Foodpanda Taiwan is pending regulatory approval.
Nokia Oyj AI Data Center Push Gets Lift From Fifth Straight GigaOm Leader Ranking

Nokia Oyj AI Data Center Push Gets Lift From Fifth Straight GigaOm Leader Ranking

9 April 2026
Nokia was named a Leader and Outperformer in GigaOm’s 2026 Radar for data center switching for the fifth year in a row, competing with Cisco, Arista, and HPE Juniper. Shares fell 1.05% in Helsinki ahead of Thursday’s annual meeting, where board changes and a dividend of up to 14 euro cents per share will be considered.
American Airlines Faces FAA Fine Over Drug-Testing Lapses in New Test for 2026 Turnaround

American Airlines Faces FAA Fine Over Drug-Testing Lapses in New Test for 2026 Turnaround

9 April 2026
The FAA proposed a $255,000 civil penalty against American Airlines, alleging the carrier allowed 12 flight attendants who tested positive for drugs or alcohol to return to safety-sensitive duties before completing required follow-up tests. The alleged violations occurred from May 2019 to December 2023. American has 30 days to respond. The airline said it is reviewing the notice.
Hologic goes private: Blackstone, TPG close buyout and name José Almeida CEO

Hologic goes private: Blackstone, TPG close buyout and name José Almeida CEO

9 April 2026
Blackstone and TPG closed their $17.3 billion acquisition of Hologic on April 7, with José Almeida replacing Steve MacMillan as CEO. Hologic shares were suspended before trading that day and will be removed from the S&P 500 before Thursday’s open. Former shareholders will receive $76 per share in cash plus a contingent value right worth up to $3 more if revenue targets are met.
When Will Gas Prices Fall? Iran Ceasefire May Not Bring Quick Relief as Oil Rebounds

When Will Gas Prices Fall? Iran Ceasefire May Not Bring Quick Relief as Oil Rebounds

9 April 2026
Brent crude rebounded 3% Thursday despite a U.S.-Iran ceasefire, with the Strait of Hormuz still nearly shut and only one oil-products tanker passing in 24 hours. U.S. gasoline averaged $4.166 a gallon on April 9, and AAA said prices could drop slowly. North Sea Forties crude hit a record $146.43 a barrel. The U.S. EIA expects Hormuz flows may take months to recover.
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