Stock Alert: Cheesecake Factory Slips 9%

Stock Alert: 360 DigiTech Shares Hit 52-Week High

Shares of 360 DigiTech Inc. (QFIN) reached a 52-week high of $41.64 Thursday morning, and are currently trading at $40.27, up $1.06 or 2.70%, with trading volume of 786K versus an average volume of 3 million shares.

On May 27, the company reported Q1 net income of RMB1,347.2 million compared to RMB183.2 million in the same period of 2020. Non-GAAP net income surged by 452.8% to RMB1,406.8 million from RMB254.5 million last year. Total net revenue increased by 13.1% to RMB3,599.2 million from RMB3,182.9 million generated a year ago.

Haisheng Wu, Chief Executive Officer and Director of 360 DigiTech, commented, “We are very pleased to report a great quarter that exceeded our expectations across multiple fronts of operations. During the quarter, financial institutions originated record setting RMB74.1 billion loans, up 40% year-on-year…”

Stock Alert: TRxADE Health Gains 69% On Launch Of Health Passport App

TRxADE HEALTH, Inc. (MEDS) shares are spiking on Thursday morning trade after the health services IT company said its MedCheks subsidiary has launched Health Passport app on the iOS App Store.

The new precision healthcare platform would help control personal health via secured blockchain technology and verify health specifics via QR code.

Currently, shares are trading at $6.92, up 69.61 percent from the previous close of $4.08 on a volume of 55,803,773. For the 52-week period, the shares have traded in a range of $3.10-$8.00 on average volume of 75,642.

Lauren Boebert Tried To Politicize Cicadas. Twitter Users Told Her To Bug Off.

Rep. Lauren Boebert (R-Colo.) bugged out with a weird take on cicadas.

The QAnon-endorsing Republican tried to spin the billions-strong Brood X insects that are causing havoc across the U.S. into a political attack on fellow members of Congress, most notably House Speaker Nancy Pelosi (D-Calif.)

“The media needs to quit acting like the cicadas are the worst creatures in DC,” Boebert tweeted on Thursday. “I can list several that are worse, starting with the Speaker of the House.”

Twitter users mocked Boebert for appearing to have a lack of self-awareness, naming her and other Donald Trump acolytes who they thought should be on the list instead:

RELATED…

Penthouse sales are sky-high in NYC again: $13.9M to $29.5M

More On:

gimme shelter

Model and decorator Jill Morris lists her designer NYC home for $1.65M

NYC condos sell for $157.5M — one block from homeless shelter

Leonard Bernstein’s ‘Radical Chic’ spread flips with $29.5M ask

Billionaire sells massive Plaza Hotel mansion at loss with $20M ask

Gotham penthouse sky pads are having a moment.

Penthouse 88A at 15 Hudson Yards, which hit the market last December, is in contract, Gimme can exclusively reveal.

It was last asking $29.5 million.

At the same time, PH39 at 520 W. 28th St, the Zaha Hadid-designed building on the High Line, is also in contract.

It was last asking $13.95 million.

At Lantern House, 515 W. 18th St., PH 2203 is in contract — last asking $18.97 million.

While at 30 Park Place, PH 78B is in contract, last asking $25 million — down from its $29.5 million price in 2017; while PH82 sold for $25 million. 

Share this article:

Israel's monday.com valued at nearly $7.6 bln in Nasdaq debut

June 10 (Reuters) – Shares of monday.com Ltd jumped nearly 12% in their U.S. stock market debut on Thursday, giving the Israeli work management company a market capitalization of about $7.6 billion.

Bill Belichick: Patriots QB Cam Newton ‘all right’ after hand injury

Cam Newton hasn’t been seen on the practice field since suffering a hand injury last week and won’t be at Patriots practice on Thursday. However, Bill Belichick says the veteran quarterback’s injury isn’t serious.

The Patriots coach gave a brief update on Newton during his Thursday morning news conference.

“He’s doing all right,” Belichick said. “He won’t participate today, but he’s getting better.”

When asked if the hand injury was "serious," Belichick responded, “No. He’s not out there, but I think he’ll be all right. Yeah.”

Newton suffered his hand injury last Friday when the media was in attendance for practice. It occurred after an 11-on-11 drill. The NFL Network reported Newton’s hand hit a teammate's helmet after one of his throws and he suffered a bone bruise. That seemed to be the case as the quarterback exited the next drill to check in with the team medical staff.

Stock Alert: Cheesecake Factory Slips 9%

Shares of American restaurant company The Cheesecake Factory Inc.(CAKE) are down 9 percent on Thursday morning.

The company announced proposed offerings of convertible senior notes and common stock, due in 2026. The company plans to offer $3 million principal amount of convertible senior notes due 2026 and $175 million of common stock in separate public offerings.

Cheesecake Factory will use the proceeds from the offerings to fund the cash consideration of approximately $457.4 million payable in the preferred stock repurchase and also for general corporate purposes.

The stock is currently trading at $55.63, down $5.87 or 9 percent on the NASDAQ. CAKE has traded between $19.78 and $65.81 during the past 52 weeks.