McDonald’s french fries Picture Alliance | Picture Alliance | Getty Images McDonald’s reported mixed quarterly results Tuesday as its reorganization weighed on its profits and boycotts hurt its Middle Eastern sales. Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv: Earnings per share: $2.70 adjusted vs. […]
McDonald’s french fries Picture Alliance | Picture Alliance | Getty Images McDonald’s reported mixed quarterly results Tuesday as its reorganization weighed on its profit and boycotts hurt its Middle Eastern sales. Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by LSEG: Earnings per share: $2.70 adjusted vs. […]
McDonald’s french fries Picture Alliance | Picture Alliance | Getty Images McDonald’s is expected to report its first-quarter earnings before the bell on Tuesday. Here’s what Wall Street analysts surveyed by LSEG are expecting: Earnings per share: $2.72 expected Revenue: $6.16 billion expected The fast-food giant reported disappointing fourth-quarter sales. Boycotts after its Israeli licensee […]
Chelsea Jia Feng/BI Amazon is set to report its earnings for the first quarter after the closing bell on Tuesday. Investors have their eye on the company’s AI initiatives and profit metrics. The company could be a “top pick” in the eCommerce space, Goldman Sachs said. Amazon will report earnings on Tuesday after the closing […]
By Summer Zhen and Samuel Shen HONG KONG (Reuters) -Six spot bitcoin and ether exchange traded funds (ETFs) gained in their Hong Kong debut on Tuesday, with the three bitcoin ETFs climbing more than 2% by midday, reflecting Asian investor enthusiasm for cryptocurrency assets. The debuts mark the first launch of spot cryptocurrency ETFs in […]
Laborers work at a coastal road project construction site in Mumbai on January 12, 2022. Punit Paranjpe | Afp | Getty Images The International Monetary Fund raised its Asia growth forecast for 2024 on Tuesday, as it remained optimistic about India’s growth and focused on the need for more stimulus from China. The IMF now […]
I moved from the United States to Singapore in 2024. Courtesy of Ernestine Siu It’s not easy to pick up your life and move overseas to work abroad, but it can also be very rewarding. As someone who recently moved from the United States to Singapore, I am the first to say that while the […]
Over the last year or so artificial intelligence (AI) has been the main undercurrent of the technology sector. A small collective of megacap tech enterprises known as the “Magnificent Seven” have each made a series of splashy investments across many areas of the AI realm. Microsoft sticks out from the rest of its Magnificent Seven […]
Samsung Electronics Co. Galaxy S24 smartphones during a media preview event in Seoul, South Korea, on Monday, Jan. 15, 2024. Samsung, the world’s most prolific smartphone maker, is leaning into artificial intelligence as the key to unlocking greater sales this year. Photographer: SeongJoon Cho/Bloomberg via Getty Images SeongJoon Cho | Bloomberg | Getty Images Samsung […]
Samsung Electronics Co. Galaxy S24 smartphones during a media preview event in Seoul, South Korea, on Monday, Jan. 15, 2024. Samsung, the world’s most prolific smartphone maker, is leaning into artificial intelligence as the key to unlocking greater sales this year. Photographer: SeongJoon Cho/Bloomberg via Getty Images SeongJoon Cho | Bloomberg | Getty Images Samsung […]
Reuters / Scott Olson It’s a big week for the stock market with a deluge of economic data set to be released. A Fed press conference, the April jobs report, and quarterly earnings will be closely watched by investors. Here are five major events to keep an eye on this week, according to Raymond James’ […]
Jonathan Raa | Nurphoto | Getty Images A federal judge in New Jersey on Monday rejected Johnson & Johnson‘s and Bristol Myers Squibb‘s legal challenges to the Biden administration’s Medicare drug-price negotiations, ruling that the program is constitutional. The decision is another win for the White House in a bitter legal fight with several drugmakers […]
