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Dutch Bros is launching a systemwide hot food menu to capture the breakfast market. The move comes amid intense competition from established players and significant cost pressures facing the entire U.S. food industry.
Markets saw a surge in speculative trading, concentrated in micro-cap biotechs and Special Purpose Acquisition Companies (SPACs). This activity, driven by company-specific catalysts and broad risk appetite, occurred alongside significant moves in established firms reacting to fundamental news.
GameStop reported a 4.5% revenue decline to $821 million for its third quarter, triggering a 5% drop in its stock during after-hours trading despite a reported increase in quarterly profit.