Last week's highlights

Monday, March 6, 2023 by Snacks
  • CardiBeef: McDonald’s franchise owners have beef with a new meal inspired by rappers Cardi B and Offset. While celeb meals have been a big sales driver, franchisees say the rappers’ R-rated lyrics could hurt the family-friendly brand.
  • Sliver: Silvergate shares plunged 60% last week after the crypto mega bank suggested it might not survive. Silvergate was the go-to bank for crypto companies, and its potential demise could leave many in a banking bind.
  • Avo: Instacart’s profits reportedly boomed ahead of its anticipated IPO this year. But America’s grocery-delivery leader doesn’t just owe its growth to avocados: its ads business is apparently ripe.
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