The Shyft Group, Inc. (NASDAQ: SHYF) ("Shyft"), the North American leader in specialty vehicle manufacturing, assembly, and upfit for the commercial, retail, and service markets, announced, on July 1, 2025, the successful completion of the previously announced merger (the "Transaction") of an indirect, wholly owned subsidiary of Aebi Schmidt Holding AG ("Aebi Schmidt"), a global provider of mission-critical infrastructure, environmental, and agricultural solutions, with and into Shyft, on July 1
Stocks (^GSPC, ^IXIC, ^DJI) are kicking off the second half of the year after a string of all-time highs, but signs are building that the rally could face pressure. Morning Brief anchor Brad Smith breaks down what the Relative Strength Index is signaling and how trade tensions and low volume could test markets this summer. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here.
CAVA’s first quarter results outpaced Wall Street expectations, but the market responded negatively, reflecting investor caution. Management attributed top-line growth to robust same-store sales, driven mainly by increased guest traffic and new restaurant openings, with CEO Brett Schulman describing the brand’s value proposition as “where taste and health unite.” Notably, investments in menu innovation and loyalty program enhancements contributed to higher guest engagement. However, management a
Verizon’s first quarter results aligned with Wall Street’s expectations, reflecting steady progress in its core wireless and broadband businesses. Management credited the company’s year-over-year financial growth to targeted price adjustments, enhanced customer retention initiatives, and expanding adoption of premium plans. CEO Hans Vestberg attributed the quarter’s performance to “strong growth across our key financial metrics,” highlighting successful execution in both fixed wireless and fiber
Hertz’s first quarter results fell short of Wall Street’s expectations, with revenue and adjusted earnings per share coming in below consensus. The market responded negatively, reflecting concerns about persistent demand pressures and execution risk around the company’s ongoing transformation. Management attributed the quarterly performance to a deliberate strategy of reducing fleet capacity and rotating into a younger, lower-cost fleet, as well as temporary disruptions from early vehicle delive