Wall Street Breakfast: Nebius Surges on Nvidia Stake; Cracker Barrel Upbeat; Samsung Launches Credit Card
This Wall Street Breakfast podcast summary covers three major market stories. Nebius (NBIS) shares rose 6% premarket after Nvidia (NVDA) disclosed a 9.3% stake, including a $2 billion investment and a strategic AI cloud partnership to deploy over 5 gigawatts of Nvidia systems by 2030. Cracker Barrel (CBRL) announced it expects to achieve or exceed the high end of its revenue range and exceed adjusted EBITDA outlook, aided by a $77 million sale-leaseback of 26 stores and the divestiture of Maple Street Biscuit Company to Biscuit Belly. Samsung (SSNLF) is launching the Samsung Galaxy Card, a credit card issued by Barclays on the Visa network, offering up to 5% cash rewards on Samsung purchases and integrated with Samsung Wallet, with applications opening July 22.
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