Wall Street This Week: Tesla Updates, Taco Bell's Freebie
From the country's leading video game publisher putting out its latest combat title to a once-promising 3-D printing pioneer posting what should be another quarter of disappointing results, here are some of the things that will help shape the week that lies ahead on Wall Street.
Monday -- Lone Star
Texas Roadhouse (TXRH) kicks off the new trading week with its latest quarterly results. Casual steakhouses were all the rage two decades ago, but most of the players have either gone private, closed down or been acquired as part of larger operators.
Texas Roadhouse is one of the few remaining standalone players. Wall Street sees top- and bottom-line growth in the low double digits.
Tuesday -- The Electric Slide
Tesla Motors (TSLA) checks in with fresh financials Tuesday. The coolest maker of plug-in electric vehicles -- if not the coolest car maker, period -- has seen its stock start to give back some of its heady gains.
%VIRTUAL-WSSCourseInline-1023%The stock has surrendered roughly a quarter of its value since peaking last summer. It didn't help that Consumer Reports -- the magazine that called its Model S the best car it ever tested -- shifted into reverse on its initial recommendation after assessing enough data to gauge the car's reliability.
Tesla should update the market on its Model X crossover SUV and its progress toward autonomous self-driving cars.
Wednesday -- Printing Pressed
3-D printing was all the rage a couple of years ago, but the once high-flying stocks have been taking a dive since last year. The printers are too expensive, slow and limited in mainstream applications. 3D Systems (DDD) is one of the key players -- and it reports Wednesday.
The stock has taken a beating. It has shed two-thirds of its value this year, and that was after losing nearly two-thirds of its value in 2014. As cheap as the stock may seem, Wall Street isn't ringing a dinner bell. JPMorgan (JPM) lowered its price target on the shares just last week.
Thursday -- There's No Free Lunch, But There Is a Free Breakfast
Yum Brands' (YUM) Taco Bell will be giving away free A.M. Crunchwraps all morning after a clever promotion. It teamed up with Major League Baseball during the first game of the World Series. If anyone would steal a base, customers would be able to "steal" a free breakfast wrap.
Stolen bases are common, so it was really just a matter of time before Lorenzo Cain would steal one. The promo will take place Thursday from 7 a.m. to 11 a.m. It should make drive-through lines longer at Taco Bell, but it's ultimately a great way to promote its breakfast offerings.
Friday -- Game On
Activision Blizzard (ATVI) has been busy cranking out video games. The country's largest video game publisher recently released "Guitar Hero Live," breathing new life into a franchise that it had seemingly left for dead five years earlier. On Friday it releases "Call of Duty: Black Ops 3," the latest installment in its best-selling franchise.
Motley Fool contributor Rick Munarriz has no position in any stocks mentioned. The Motley Fool owns shares of and recommends Activision Blizzard and Tesla Motors. The Motley Fool recommends 3D Systems and Texas Roadhouse. Try any of our Foolish newsletter services free for 30 days, and click here to check out our free report for one great stock to buy for 2015 and beyond.