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Melius Research raised Cava to buy from hold, saying the restaurant chain's expansion and unit economics remain durable drivers of earnings growth. The firm said Cava does not need a macro recovery to keep momentum.
Melius Research upgraded Cava to buy from hold, saying the restaurant chain's growth is supported by national expansion and strong unit economics. The note said Cava does not need a broader economic recovery to keep its momentum.
Spectrum licenses previously sold by T-Mobile to Grain Management have been sold by Grain to SpaceX. SpaceX said the low-band spectrum supports Starlink Mobile’s push to take market share from US carriers.
SpaceX (NASDAQ:SPCX) said it agreed to acquire a nationwide low-band spectrum license portfolio that would enable Starlink Mobile to become a major telecom operator in the US.