Stocks making the biggest moves midday: Snap, Intel, Moderna, Digital World Acquisition Corp and more

Check out the companies making headlines in midday trading. Snap – Snap shares plummeted by more than 24% after it reported its quarterly results, which included a revenue miss as well as an earnings beat. The social media company said its advertising business declined due to Apple’s privacy changes. Facebook, Twitter – Social media and digital …

Restaurants prep for long-term labor crunch by turning to robots to man the fryer, shuttle food to tables

At Inspire Brand’s Innovation Center in Atlanta, the Flippy robot is taking on a new challenge. The automated worker, made by Miso Robotics, first came onto the scene as a burger solution. Now, it’s frying wings for the first time. The bots, known as Flippy 1 and 2, have been in development for nearly five …

Here’s what to expect from Chipotle Mexican Grill earnings

A customer carries a Chipotle Mexican Grill Inc. bag outside a restaurant in San Francisco, California, U.S., on Monday, July 20, 2020. David Paul Morris | Bloomberg | Getty Images Chipotle Mexican Grill is expected to report its third-quarter earnings after the bell Thursday. Here’s what Wall Street analysts surveyed by Refinitiv are expecting: Earnings …

How Chipotle feels about spending close to $2 billion a year on labor

HOUSTON, TEXAS – JUNE 09: Employees speak together at a Chipotle Mexican Grill on June 09, 2021 in Houston, Texas. Menu prices at the Chipotle Mexican Grill have risen by roughly 4% to cover the costs of raising its’ minimum wage to $15 an hour for employees. The restaurant industry has been boosting wages in …

‘Out of stock’ items plague grocery delivery services. Personal shoppers at Target’s Shipt aim to fix that

Jeremy Fetters worked as a bartender for years, but switched careers when the pandemic began and the night club where he worked temporarily shut. Now, he said he plans to continue with Shipt. Jeremy Fetters ST. PETERSBURG, Fla. — Jeremy Fetters spends his days shopping for other people as a contract worker for Shipt, Target’s …