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Tanger Introduces Shake Shack as New Dining Option

Tanger (SKT) announced that, as part of its transformation of Tanger Outlets Foley, it has secured Shake Shack (SHAK) as the first of a new roster of elevated food, beverage, and entertainment offerings at the shopping center. Tanger commenced construction earlier this year on a renovation of the more than 500,000-square-foot center to enhance and modernize the shopping experience while preserving its coastal character. As part of the transformation, Tanger plans to allocate approximately 20,000 square feet of dedicated, experiential food and beverage space, with opportunity to feature up to eight new dining concepts, including Shake Shack. The reimagined design will feature expansive patios, walkable dining zones, and thoughtfully integrated gathering spaces that encourage longer visits and create a more social, day-to-night destination for guests.

Mixed Finish for Major Averages as SpaceX Eyes $1T Revenue by 2029

The major averages had a mixed finish on Wednesday as investors weighed another wave of corporate earnings against continued tensions in the Middle East. Technology stocks remain the primary focus after SpaceX and AMD both reported quarterly results that topped expectations, but nevertheless saw their shares fall sharply in premarket trading.Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:SpaceXreported, with the company saying there's a "non-zero chance" of reaching $1T in revenue in 2029Disneyreportedbut lower-than-expected revenue for the periodUberreportedand provided a conservative outlook for Q3Eli Lillyreportedand narrowed its FY26 earnings outlookAMDreportedand provided an upbeat outlook for Q3 revenue2. WALL STREET CALLS:Best Buyto Hold at JefferiesBristol Myersto Buy at ArgusBurlington Storesto Neutral at CitiElf Beautyto Outperform at BernsteinTransDigmto Hold at Stifel3. AROUND THE WEB:Google'schief scientist Jeff Dean is leaving the company to launch Discovery Loop, an AI startup focused on automating scientific research, WSJ reportsJeff Smith's Starboard has taken a position in Shake Shack, Bloomberg reportsGooglehas assembled a $200B financing program for Anthropic, with more than $150B tied to TPUs and involving Broadcom, Blackstone, Apollo, Morgan Stanley, and others, FT saysHP, Asus, and Acerhave started using small amounts of DRAM chips from CXMT in their laptops for non-U.S. markets, amid an unprecedented memory shortage, Nikkei Asia reportsAstraZenecaand Bristol Myersare not engaged in merger discussions, ending speculation around a potential $400B pharmaceutical combination, Reuters says4. MOVERS:Digital Turbinewas higher afterand providing guidance for FY26Latham Groupincreased afterand raising its guidance for FY26Bloomin' Brandsand Cricutgained afterVishay Precisionfell afterand providing guidance for Q3Taboolaand SolarEdgewere lower in New York after5. EARNINGS/GUIDANCE:One Stop Systemsand raised its outlook for FY26EVgo, with CEO Badar Khan commenting on "another quarter of solid execution"Vishay, with EPS beating consensusGilat Satelliteand backed its guidance for FY26, with CEO Adi Sfadia calling it "another strong quarter"CVS Healthand raised its outlook for FY26INDEXES:The Dow rose 263.24, or 0.49%, to 54,349.12, the Nasdaq lost 221.55, or 0.83%, to 26,363.44, and the S&P 500 declined 12.97, or 0.17%, to 7,723.55.

Shake Shack Shares Jump 7% to $70.80 After Smiths Discloses Starboard Stake

Shake Shack jumps 7% to $70.80 after Smiths discloses Starboard stake