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'Guac Signal' Sparked Chipotle's Frantic Bid to Recall Jalapeños

Chipotle Mexican Grill Inc. figured out that jalapeños were the source of a salmonella outbreak and began an automated recall system to notify restaurants and destroy the tainted peppers. The company was able to identify the problematic ingredient before health agencies announced nationwide recalls, and it quickly replaced the jalapeños with batches from different growers. Bloomberg's Daniela Sirtori joined Bloomberg Intelligence to discuss.

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Bloomberg
Financial

Rocket Lab Drops on Launch Pushback; Riot Platforms' Anthropic Deal | Stock Movers

On this episode of Stock Movers: - Anthropic PBC has struck a $9.1 billion deal with Riot Platforms (RIOT), a Bitcoin mining company that recently began selling AI data center capacity. Riot disclosed it had secured a 20-year deal to supply 191 megawatts of capacity from its Rockdale, Texas, campus to a "leading frontier AI" company. - Rocket Lab (RKLB) shares drop as much as 5.7% after the company's Neutron timeline softened, with an analyst saying that while Neutron remains on track to reach launch pad in the fourth quarter, it could push an initial launch to 2027. - Babcock & Wilcox Enterprises (BW) rose in premarket after the company signed an agreement with Siemens Energy to produce steam turbine generator sets. - US-listed shares in On Holding (ONON) drop as much as 17% in premarket trading after the Swiss sneaker maker's second-quarter sales were lower than expected.

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Bloomberg
Financial

IGH Sees Positive Momentum Continuing in Second Half

Elie Maalouf, chief executive officer at InterContinental Hotels Group Plc, discusses the hotel group's first-half performance, factors contributing to demand and the outlook for the second half. "There's a sense of prosperity," Maalouf tells Bloomberg Television. "And within that sense of prosperity, where people want to spend their time and money is on experiences."

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