
Shake Shack Expects Competitors to Swap Chicken, Beef for Eggs
Shake Shack Inc. is warning that its competitors may double down on beef and chicken as egg prices surge.
The New York-based chain is relatively insulated from the egg crisis because it doesn't have a big breakfast business, but its competitors that do are likely to bolster their menus with alternatives, Chief Executive Officer Rob Lynch said Thursday on a call with analysts.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Hamilton Spectator
35 minutes ago
- Hamilton Spectator
WestJet hit with ‘cybersecurity incident,' says operations running safely
WestJet says a 'cybersecurity incident' is affecting access to some of its servers and software systems. The Calgary-based airline says its operations are nonetheless running safely, and they have not been affected by the incident. In a statement posted to its website, the company says it is working to figure out the impacts of the event. The airline issued a series of social media posts Friday night saying its app had been affected, and 'several users' were having difficulty accessing the platform. WestJet asked guests and employees to be careful when sharing personal information. The air carrier said it had a team investigating the incident alongside police and Transport Canada. This report by The Canadian Press was first published June 14, 2025.
Yahoo
43 minutes ago
- Yahoo
TD Cowen Confirms Buy Rating on JPMorgan Chase (JPM) on Continued Growth Trajectory
JPMorgan Chase & Co. (NYSE:JPM) is one of the best Goldman Sachs bank stocks. On June 11, TD Cowen reiterated a Buy rating on JPM with a $315 price target. The firm observed that JPMorgan maintains a record of "impressive organic growth momentum across its dominant businesses," indicated by its solid 41.4% return over last year and 13.32% YTD performance. TD Cowen identified JPMorgan's investments in artificial intelligence as a significant catalyst for long-term, exponential profitability. The firm also pointed to the bank's growing presence in private credit as a promising avenue for expansion, noting JPMorgan's financial resilience demonstrated by 55 consecutive years of maintaining its dividend. Supannee Hickman / The firm highlighted Jamie Dimon's leadership, emphasizing that his presentation at the investor conference reinforced their view of him as one of the most distinguished bankers of his generation, which led to its bullish outlook on JPMorgan. JPMorgan Chase & Co. (NYSE:JPM) is a global financial institution that specializes in offering banking, investment, and wealth management services to individuals, businesses, and governments worldwide. While we acknowledge the potential of JPM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and . Disclosure. None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
an hour ago
- Yahoo
Morgan Stanley (MS) CEO ‘super pumped' Over Sustained Pipeline Strength
Morgan Stanley (NYSE:MS) is one of the best Goldman Sachs bank stocks. On June 10, Morgan Stanley CEO Ted Pick informed investors that he is optimistic about a strong end to the quarter, noting that business momentum has picked up after a brief slowdown in April due to US tariff news. CEO Ted Pick adopted an upbeat tone at the bank's annual financial conference, saying he is feeling 'super pumped' about the company's business outlook. Deal activity is picking back up, and Pick said equity capital markets are starting to reopen. M&A conversations have remained steady, even accelerating in some areas. 4kclips/ Morgan Stanley is presently heading multiple high-profile IPOs, including fintech company Chime, expected to raise up to $832 million this week. It also helped bring Hinge Health and ad-tech firm MNTN public in May. On the M&A side, the bank advised TJC on its $5 billion sale of Silvus Technologies to Motorola and supported AT&T's $5.75 billion acquisition of Lumen's fiber business. The firm also worked with Toyota's special board committee on a potential go-private proposal. Pick said changes to banking regulations would be welcome, as they could lead to potential acquisitions. He has remained one of the more optimistic voices on Wall Street, saying back in April that he was 'cautiously optimistic' the US would avoid a recession. Morgan Stanley (NYSE:MS) is a global financial services firm offering investment banking, wealth management, and asset management to clients worldwide. While we acknowledge the potential of MS as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and . Disclosure. None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data