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Big restaurant chains say consumers are more cautious in China. Yum China is rewarding its investors.

Shares of Yum China Holdings Inc. rallied after hours on Tuesday after the company, which runs KFC and Pizza Hut restaurants in China, said it planned to “significantly accelerate” shareholder returns this year, even as other restaurants warn of weakening demand in that country.

Enphase’s ‘good enough’ quarter pushes stock 14% higher

Enphase Energy Inc. shares jumped after the alternative-energy company presented investors with a mixed quarter, but one that soothed more immediate concerns about the ailing sector.

A new sports-streaming venture from Disney, Fox and Warner Bros. is coming

The as-yet unnamed service, which could be available as early as the fall and offer a sort of Hulu for sports, comes amid an explosion in sports-streaming rights and audiences.

Chipotle’s stock rises as higher prices and demand drive better-than-expected results

Consumer demand and higher prices on the menu outweighed higher ingredient costs.

Fortinet gets back on track with earnings beat that’s lifting the stock

After whiffing with its prior two earnings reports, Fortinet delivered upbeat profit and billings numbers for the latest quarter.

Amgen’s quarterly results top expectations despite Enbrel sales decline

Amgen on Tuesday reported fourth quarter profits and sales that topped analyst expectations even as revenues dropped for one of its top-selling drugs.

Space-exploration company Intuitive Machines edges closer to historic moon mission

The Nova-C lander would be the first private U.S. probe on the moon.

Ford calls for a healthy 2024, and its stock rallies 6%

Ford stock soars after carmaker plays up hybrid business and calls for ‘healthy’ growth this year.

Snap’s stock plummets 30% on revenue miss, weak guidance

Snap Inc.’s stock plunged more than 30% in extended trading Tuesday after the social-media company reported a revenue miss and offered weak guidance — a day after announcing yet more deep job cuts.

Lumen’s stock advances as telecom company posts an earnings surprise

Lumen on Tuesday reported a surprise adjusted profit for its latest quarter, while beating expectations on the top line.

AMC’s stock rallies more than 11%, on pace for biggest gain since August

Tuesday’s rally was the stock’s biggest single-day percentage gain since Aug. 30, when it rose 16.7%.

Cannabis stocks gain as Pennsylvania governor prioritizes legalizing adult-use pot

Democratic Pennsylvania Gov. Josh Shapiro estimates $250 million in taxes for the state if adults over 21 are allowed to buy pot.
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