Stock Market Winners & Losers: S&P 500 Near Record | Food Away From Home | Taylor Swift Shows Abroad

Stock Market Winners & Losers: S&P 500 Hovers Near Record | American Spend More on Food Away From Home | Taylor Swift Show Triggers Quake Readings Abroad

Winner: The S&P 500 remained near record levels despite a slight dip, fueled by signs of easing inflation pressures. Broadcom saw an 11% surge in shares after exceeding expectations and announcing a stock split, while Dave & Buster’s Entertainment dropped 12% due to revenue missing estimates.

Other Stories:

Increasing heat waves are raising cooling costs, averaging $719 per period, up 8% from last year.
Starbucks introduced $5 and $6 breakfast combos, mirroring fast-food value strategies.
Many regret purchases made via social media, with 63% expressing post-purchase regret.

Winner: Americans are spending more on food away from home, with the restaurant industry projected to reach a record $1.1 trillion this year. This shift is driven by convenience, dual-income households, foodie culture, higher incomes, and the availability of fast food.

Winner: Taylor Swift’s concerts in Edinburgh caused seismic readings due to enthusiastic fan dancing, generating significant power. Her tour is set to add $1.27 billion to the British economy, with multiple shows planned in London and extensive local business involvement in Swift-themed activities.

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