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‘Obsession’ will likely be one of Focus Features’ biggest awards season priorities. To generate buzz at the Golden Globes, submitting Obsession as a comedy may be a key strategic move.

A charming origin story about a mom feeding hungry college kids who later became hungry young professionals, and a passionate customer base that fell in love with those recipes, does not guarantee a happy ending.

Even in the best of times, restaurant operators face a nearly impossible challenge.

In the current market, they need to balance rising rents, increasing labor costs, pricier ingredients, and a financially stressed customer base.

“It’s an incredibly high-cost, low-profit-margin business that, in the best of times, only barely works if you have almost a full house for every meal service that you’re selling,” Sean Kennedy, executive vice president for public affairs at the National Restaurant Association, told Time.

“If you can make that happen, you have a good shot of getting a 3% to 5% profit margin.”

That’s a bleak proposition that may speak to why Hannah and Marian Cheng, the founders of Mimi Cheng’s, which grew from one location into a small New York chain, have opted to close their final location to concentrate on their wholesale business.

Mimi Cheng’s is closing its final restaurant

Hannah and Marian Cheng built their restaurant business around what they learned from their mother, “Mimi.”

“Mimi taught us early: heritage meals aren’t only about recipes. They’re about what you choose to put in them and whom you share them with. She knew what farm-fresh vegetables added to a meal. The difference family-raised chicken makes. What pasture-raised pork brings to something made by hand with real intention,” they shared on their website.

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The restaurant part of that dream will soon come to an end as the sisters close their last remaining restaurant.

“Mimi Cheng’s is closing the doors of its East Village restaurant on Friday, September 11, ending a 12-year run as one of New York City’s go-to spots for steamed and fried jiaozi. The shop at 179 Second Avenue between 11th and 12th Streets is the brand’s last remaining brick-and-mortar location in the city, and its team says the closure comes because the lease has ended,” Hoodline.com reported.

Dumplings have been a core menu item for Mimi Cheng’s.Shutterstock

Mimi Cheng’s at a glance

Mimi Cheng’s was founded in 2014 by sisters Hannah and Marian Cheng, who opened their first location in New York City’s East Village using family dumpling recipes from their mother, Mimi, according to Mimi Cheng’s website.

The sisters expanded Mimi Cheng’s to multiple New York City locations and became known for handmade Taiwanese-style dumplings and creative collaborations with restaurants including Katz’s Deli, Lucali, and Pizza Loves Emily, reported Time Out.

Mimi Cheng’s previously closed its Upper West Side location at 309 Amsterdam Ave. in November 2024, saying it was consolidating its restaurants to keep the East Village location as its flagship while building its frozen dumpling business, shared the West Side Rag.

Its Nolita location at 380 Broome St. also closed, leaving the East Village restaurant as Mimi Cheng’s only brick-and-mortar location before that restaurant’s September 2026 closure, added The Infatuation.

The brand isn’t shutting down entirely. The sisters are shifting their focus to Mimi Cheng’s frozen dumplings, which are sold at Whole Foods and other retailers nationwide, according to Time Out.

What’s next for Mimi Cheng’s?

“Big news: we’re turning the page on a new chapter for Mimi Cheng’s!” the restaurant team shared on its Facebook page.

“Our East Village restaurant will close its doors on September 11th as our lease has come to an end, but this is far from goodbye,” the company added.

The company said the closure is a new beginning as it focuses on its wholesale dumpling business.

“While closing this storefront will be sentimental, it means we get to pour everything into what’s next. We could’ve never imagined that our little dumpling shop would turn into a nationwide frozen dumpling business. Our focus is now scaling, so Mimi Cheng’s can land on a lot more tables than one restaurant ever could. The dumplings aren’t going anywhere. They’re just getting a bigger home,” the Mimi Cheng’s team posted.

The company sells its dumplings through Amazon and at Whole Foods, as well as through other grocery chains nationwide.

Closing the store does not close the door on the company bringing back some of its famous collaborations as a freezer-aisle product.

“[Those] have included pastrami Reuben-inspired dumplings with Katz’s Deli, calzone dumplings with Lucali, and one featuring the famed roast chicken from the NoMad,” Time Out reported.

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When a new coffee chain opens near our home, I try it at least once.

For many chains, like Cali Coffee and Dutch Bros., after a few visits, I knew that neither chain offered me a compelling enough product to drive farther than the closest Starbucks.

A local chain, Carmela Coffee, passed that test, but its higher prices and longer distance from my home made it a weekend treat, not a regular part of my daily coffee rotation.

When 7 Brew opened near our West Palm Beach condo, however, something was different. I enjoyed the chain’s indulgent “Sweet & Salty,” a salted caramel and white chocolate breve on its “7 Originals” menu, and liked its lower-calorie 7 Fizz Sodas on more responsible days.

Going to 7 Brew, however, still posed two challenges. First, it was a longer ride, and second, it often had a much longer line than Starbucks.

Now, the wait and the drive, at least for a selection of the chain’s beverages, won’t matter because you can buy a selection of ready-to-drink canned 7 Brew beverages at Walmart.

Walmart adds exclusive 7 Brew beverages

Walmart added canned 7 Brew Coffee in approximately 4,400 stores nationwide and five unique 7 Brew Energy beverages in more than 1,100 locations beginning in August. In total, the coffee chain has three canned coffees and five energy drinks that are only sold at Walmart.

In fact, three of the energy drink flavors are so exclusive that they’re only sold by the retailer and can’t be purchased at 7 Brew locations.

The coffee flavors include:

Blondie Chilled Espresso Breve Beverage: (Caramel + Vanilla) The iconic Blondie iced espresso breve — a smooth, creamy blend with buttery caramel and rich vanilla notes. Made with 100 percent Arabica coffee, natural flavors, real cream, and 7g of protein.

Brunette Brownie Chilled Espresso Mocha Beverage: (Chocolate) An indulgent chocolate-forward espresso beverage with a rich mocha profile. Made with 100 percent Arabica coffee, natural flavors, real cream, and 8g of protein.

Banana Bread Chilled Espresso Breve Beverage: (Banana + Hazelnut) The buzzy Banana Bread iced espresso breve — a comforting combination of ripe banana and roasted hazelnut with bold coffee flavor.Source: 7 Brew

7 Brew is also introducing a new line of 12 oz. 7 Brew Energy drinks in five flavors, including:

7 Brew Energy Original: Refreshing boost of caffeine with a crisp, clean, lightly sweet finish.

7 Brew Energy Original Sugar-Free: Same great taste experience as Original, but with 0g of sugar and only five calories.

7 Brew Energy Ocean Breeze Sugar-Free: (Blue Raspberry + Coconut) Blue, beachy, and iconic for a reason.

7 Brew Energy Nightshade Sugar-Free: (Lavender + Pomegranate + Blue Raspberry) Bold, mysterious fruit flavor with a smooth floral edge and after-dark energy.

7 Brew Energy Pink Mermaid Sugar-Free: (Watermelon + Coconut + Strawberry) Swimming with refreshing, fruity flavors.Source: 7 Brew

Original, it should be noted, has a flavor profile similar to Red Bull. And while the three flavored cans are all Walmart exclusives not sold at 7 Brew locations, if you know the recipe, the chain will make you anything it has the ingredients for.

7 Brew is a fast-growing coffee chain.Shutterstock

A win for Walmart and 7 Brew

Offering a popular, well-known brand on an exclusive basis gives Walmart an edge over rivals such as Target and Kroger. It’s simply another factor, along with price and convenience, that consumers will weigh when deciding where to spend their money.

“At Walmart, we continue to evolve our food and beverage assortment to reflect what our customers are looking for,” said Vice President of Beverages Brian Salmon. “We’re excited to bring 7 Brew’s fan favorite coffee and energy drinks to our shelves, giving customers more choice and another convenient way to enjoy the beverages they love.”

RTM Nexus CEO Dominick Miserandino sees this move as a way for 7 Brew to accelerate its growth.

“7 Brew is opening drive-thru stands like crazy, but physical real estate takes time to build out. Partnering with Walmart instantly puts their brand in front of millions of shoppers in markets where they don’t even have a drive-thru lane yet. It’s an aggressive brand-awareness play paid for by grocery shelf space,” he told TheStreet.

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He sees Walmart as having different motivation for the move.

“For Walmart, this is pure defense against Dutch Bros, Starbucks, and canned energy giants like Celsius. Securing exclusive three-dollar cans of viral drive-thru coffee keeps younger, drive-thru-obsessed consumers from walking into Target or convenience stores for their quick morning caffeine fix,” he added.

7 Brew will not sell any canned beverages at its coffee stands, according to its website.

RTD coffee growing faster than overall category

It makes sense for 7 Brew to enter the RTD business because that market has been growing, according to a report from Euromonitor.

“RTDs in the U.S. in 2025 demonstrated a notable divergence between value and volume, with total volume declining by 3% but value increasing by 6% in current terms to $25.1 billion. This reflected a decisive shift towards premiumization and resilience in pricing,” according to the report.

Room for growth remains.

“The market is attractive for brands that can adapt to rapidly changing consumer preferences, as spirit-based RTDs posted double-digit total volume growth of 13% in 2025 and non alcoholic RTDs saw total volume expand by 23%,” it added.

RTD coffee beverages have also been on a growth trajectory.

“The ready-to-drink coffee market in the U.S. is expected to reach a projected revenue of USD 10,469.6 million by 2033. A compound annual growth rate of 4.96% is expected for the United States ready-to-drink coffee market from 2026 to 2033,” according to Grand View Horizon.

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Most investors know Nvidia as the face of the AI chip trade. Fewer pay the same attention to the company quietly building the plumbing that makes those chips useful.

That company is Broadcom (AVGO), and Wall Street thinks its stock has plenty of room left to run.

Broadcom trades near $370 today. The average analyst price target sits at $509.11. That points to roughly 38% upside over the next year.

A gap that wide, on a company already worth $1.76 trillion, is unusual. 

It tells you that analysts believe the market is underpricing how much money Broadcom stands to make from AI over the next few years.

Here is what is driving that view, and what investors should consider before buying in.

Why analysts think Broadcom stock is worth more than it trades for

The bull case rests on a simple idea. Broadcom’s AI business is growing faster than its stock price reflects.

In the second quarter of fiscal 2026, the company reported AI semiconductor revenue of $10.8 billion, up 143% from a year earlier, according to Broadcom‘s earnings release. 

Total revenue hit a record $22.2 billion.

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CEO Hock Tan then guided third-quarter AI revenue to about $16 billion, which would be growth of more than 200% year over year.

Yet the stock still sits about 25% below its 52-week high of $495. Analysts read that pullback as a chance to buy, not a warning sign.

The stock also carries a Strong Buy consensus rating based on 29 analysts who cover it.

Broadcom has become one of the most important suppliers in the AI data center buildout.SOPA Images / Getty Images

What Broadcom actually sells to AI companies

To understand the optimism, it helps to know how Broadcom fits into the AI economy. It does three things well.

First, it designs custom AI chips. Instead of buying standard graphics processors, giants such as Google and Meta hire Broadcom to co-design chips built for their exact needs. 

These are called ASICs, or application-specific integrated circuits, and they let companies run AI models faster and cheaper.

Second, it makes the networking gear that ties AI data centers together. Thousands of chips need to share data instantly, and Broadcom’s Ethernet switching products handle that traffic.

Third, it owns VMware, the software business it bought for $69 billion in 2023. 

That unit brings in steady, high-margin subscription revenue, which cushions the ups and downs of the chip cycle.

The customer deals backing up the growth story

Analyst confidence is not built on guidance alone. It is built on signed contracts.

Broadcom’s AI backlog topped $30 billion in a single quarter, far above the $10.8 billion it actually shipped in the second quarter.

The customer list explains why. 

J.P. Morgan noted that Broadcom’s engagements now include a multi-generation partnership with Google, a roughly 5-gigawatt next-generation deal with Anthropic starting in fiscal 2027, and OpenAI capacity coming online the same year, Investing.com reported.

Related: BMO sees writing on the wall for Broadcom stock after earnings

Meta added to that momentum. The social media company committed to one gigawatt of Broadcom custom chips, CNBC reported.

These are long-term commitments, which is why analysts feel comfortable modeling growth years into the future.

The analyst with the boldest call on Broadcom

Among the bulls, J.P. Morgan’s Harlan Sur stands out.

Sur ranks 17th out of more than 12,500 analysts tracked by TipRanks, with a 70% success rate and an average return of 42.2% per rating, TipRanks reported. That track record gives his opinion real weight.

He reiterated a Buy rating and a $580 price target ahead of the third-quarter report, the highest of the widely followed targets. 

That figure implies roughly 57% upside from current levels.

Sur expects full-year fiscal 2026 AI revenue to top $56 billion, helped by a strong ramp in Google’s next TPU chips and steady demand for Broadcom’s networking silicon.

He also pushed back on a common worry. Some investors fear that Google adding Marvell as a chip partner threatens Broadcom’s position. 

Sur argued those concerns are overstated, since Broadcom’s five-year agreement with Google remains firmly in place.

How Broadcom stock stacks up against its own highs

Broadcom has rewarded long-term shareholders, but 2026 has been choppy.

The stock trades near $370, still about 25% below its 52-week high of $495. 

It hit that peak earlier in the year, then pulled back, even as the AI business kept growing.

Here is the recent price picture.

Broadcom’s recent price snapshot

52-week range: About $287 to $495

From its high: Shares sit roughly 25% below the $495 peak

Market cap: About $1.76 trillion

That gap between the high and the current price is where analysts see the opportunity. The company kept signing AI deals while the share price cooled.

The risks that could sink the bull case

A 40% target is appealing, but Broadcom is far from a sure thing. Several risks deserve attention.

The biggest is valuation. Broadcom trades at a price-to-earnings ratio above 61, which means the market has already priced in years of strong growth. If AI spending slows even slightly, the stock could drop fast.

The second risk is customer concentration. A small group of hyperscalers drives most of Broadcom’s AI revenue. If one or two of them cut spending, the impact would be severe.

There is also history to consider. After Broadcom’s strong second-quarter report, the stock fell about 13% because management did not raise its long-term AI target. 

Strong results are not always enough when expectations are this high.

What investors should do before chasing Broadcom stock

Before buying any single high-growth stock, secure your financial base first. That means keeping an emergency fund you can access quickly and clearing high-interest debt. 

A stock like Broadcom, however promising, should sit inside a diversified portfolio rather than serve as a single large bet.

The near-40% upside analysts see is real, and it rests on signed contracts and accelerating demand. 

But the same high expectations that create the opportunity also create the risk. Broadcom has to keep delivering to justify the price, and the next few quarters will show whether it can.

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Campbell’s plans to introduce gluten-free, whole-grain and protein-packed versions of Goldfish to meet growing demand for healthy alternatives and combat rising competition.

The company delivered sales near the high end of its forecasted range, but Wall Street was expecting more, and the stock had its worst day in more than a year.

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On Wednesday, the U.S. Mint began selling commemorative $1 coins with President Donald J. Trump’s portrait on them — for collectors willing to pay a pretty penny.
Sold for roughly 150% to 250% of their nominal value, the coins feature Trump’s face on the obverse or “heads” side, and the presidential seal on the reverse or “tails” side. Both sides of the coin have inscriptions that commemorate the nation’s 250th anniversary this year. Despite the gold hue, there isn’t any real gold in them; they’re primarily copper with small amounts of zinc, manganese and nickel.

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Although legal tender for $1, the Mint’s website sold the coins in rolls or bags of 25 for $61 or 100 for $154.50. That’s $2.44 or $1.55 per coin, respectively. That’s a relative bargain compared to the $5 price per coin at vending machines in the Mint’s Washington, D.C., store, according to The Washington Post.
Collectors didn’t seem to mind the markup, though: On Thursday, the coins were “currently unavailable” online, mere hours after going on sale, with no indication if or when they might be restocked.

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Making ‘cents’ of the legal controversy
Perhaps that’s because the gold Trump $1 coin breaks with historical — if not legal — precedent. Legislation dating from the 19th century prohibits the depiction of living people — presidents included — on U.S. currency, while 2005 legislation to produce commemorative $1 presidential coins stipulated that a former president could not appear on one until at least two years after death.
A bipartisan congressional committee that oversees coin designs did not approve a gold Trump coin. “If they make it without our review, it will be illegal,” committee member Donald Scarinci (D-N.Y.) told The Washington Post in June, in response to a proposal for a 24-karat gold coin bearing Trump’s image.
The Treasury Department, however, said the coin was legal under a 2020 law regulating semiquincentennial commemorative coins. Officials argued that the Trump coin falls under the law’s permitted depiction of “designs emblematic of the United States Semiquincentennial.”
In an interview with Fox News in July, Treasury Secretary Scott Bessent also said there was precedent for putting a sitting president on a coin. For the nation’s 150th anniversary, a commemorative half-dollar coin depicting Calvin Coolidge and George Washington was produced, although most of the 1 million minted were returned to the Mint and melted down.
The country’s 250th anniversary has been a bonanza for coin collectors, with the Mint rolling out a number of commemorative designs. These included a noncirculating, special-edition penny, notable for being produced after the Mint stopped making pennies for general circulation last year.

The Roundhill Magnificent Seven ETF is closing in on its May peak — this time thanks to Nvidia.

New recommendations include making an options bet that the stocks of GE HealthCare and Medtronic will fall, because there were too many bets already made that the stock would rise.