Today is Wednesday, May 20, 2026.

The Early Bird Index today is 85.05.

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Cava Group $CAVA ( ▼ 2.22% ), the fast-casual restaurant chain serving Mediterranean food, served up strong financial earnings on Tuesday that boosted the stock by 7.33% in after-hours trading.

Financials: Cava reported earnings of 20 cents per share in the past quarter and revenue of $434.4 million. Both were better than expected.

Powering the Story: Revenue surged 32.2% year-over-year as same restaurant sales grew 9.7% and guest traffic jumped by 6.8%. And the company boosted its same restaurant sales outlook for 2026.

Quote: “Amid today's broader macroeconomic environment and geopolitical uncertainty, our first quarter results reflect our position as a clear industry leader and our ability to meet the moment for the modern consumer.” - CEO Brett Schulman.

Early Bird’s Nest Egg Gains: Cava’s brand appears to be resonating with consumers who want fast-casual food that feels healthier, higher quality, and more differentiated than typical quick-service options.

Final Thoughts: Cava was already having a strong year with a 29.02% gain in the stock price.

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Notable Earnings Today: Nvidia (Nasdaq: NVDA), Target (NYSE: TGT), Analog Devices (Nasdaq: ADI), V.F. Corp (NYSE: VFC), e.l.f. Beauty (NYSE: ELF), Intuit (Nasdaq: INTU), Lowe's (NYSE: LOW), Urban Outfitters (Nasdaq: URBN), Arcos Dorados (NYSE: ARCO), Hasbro (Nasdaq: HAS), Nordson (Nasdaq: NDSN), GDS Holdings (Nasdaq: GDS), TJX (NYSE: TJX), StepStone Group (Nasdaq: STEP),  Enersys (NYSE: ENS), Belite Bio (Nasdaq: BLTE), Dorian LPG (NYSE: LPG), Perion Network (Nasdaq: PERI), Roivant Sciences (Nasdaq: ROIV), Star Bulk Carriers (Nasdaq: SBLK), ZIM Integrated Shipping Services (NYSE: ZIM).

Notable IPOs Today: Lincoln International, Inc. (NYSE: LCLN), AMASS Brands Inc. Common Stock (Nasdaq: AMSS), Optimi Health Corp. Common Shares (Nasdaq: OPTH), QDRO Acquisition Corp. Class A Ordinary Shares (Nasdaq: QADR), Research Alliance Corporation III Class A Ordinary Shares (Nasdaq: RACC), RRE Ventures Acquisition Corp. Class A Ordinary Shares (Nasdaq: RREV).

Notable Equity Crowdfunding Campaigns Ending Today: N/A.

Notable Economic Events Today: Crude Oil Inventories (10:30 a.m. ET), FOMC Meeting Minutes (2:00 p.m. ET).

Homebuilder Toll Brothers $TOL ( ▼ 2.23% ) jumped 2.30% in after-hours trading on Tuesday after posting good financial earnings results.

Financials: Toll Brothers reported earnings of $2.72 per share in the past quarter and revenue of $2.5 billion. Both were better than expected.

Powering the Story: The housing market has been awful recently, but the luxury market is keeping Toll Brothers in business. Its average home price now exceeds $1 million. The company is also raising its financial outlook.

Final Thoughts: Shares of Toll Brothers are still in the red this year.

Roblox $RBLX ( ▼ 5.39% ) announced its first stock buyback on Tuesday, offering to buy up to $3 billion worth of its shares. The stock jumped 2.83% in after-hours trading.

Final Thoughts: Roblox is trying to recover after its stock began 2026 with a 45% decline.

Trouble: Even a mountain of T-bills won't save Tether and Circle from a sudden liquidity crisis, expert says (CoinDesk)

Patience: Data shows Bitcoin dip buyers waiting for lower prices: Is $70K BTC’s next stop? (Cointelegraph)

Highest Level in Years: Surging Bond Yields Add to Pressures Building for Fed’s Warsh (Bloomberg)

Leapfrogging the Competition: How Google Is Starting to Win the A.I. Race (New York Times)

Big IPO Coming Soon: SpaceX picks Goldman Sachs for lead left position on record-breaking IPO, sources say (CNBC)

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_{The contents of Early Bird are intended for informational and entertainment purposes only. They do not constitute trade or investment recommendations, and they are not financial or legal advice. Readers are encouraged to consult licensed professionals for personalized guidance regarding their financial or legal situations.}