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Watts Water Technologies Beats on Revenue in Q4

Watts Water Technologies (WTS) Q4 CY2024 highlights strong financial performance with revenue beating estimates, EPS growth, and improving operating efficiency. Organic revenue declined, but the company maintains industry expertise, emphasizing water infrastructure and treatment solutions. Despite revenue headwinds, WTS remains profitable with a solid operating margin and growth in EPS.

McDonald's Q4 Earnings: Weak Sales Overshadowed by Value Menu Drive

McDonald's falls short in Q4 revenue and earnings, citing underperforming stock, weak sales, and an E. coli outbreak. Global same-store sales rise, while US sales decline. The chain plans to regain market share with its McValue menu and new offerings in 2025.

Rivian Opens Orders for Commercial Vans, Expanding EV Business

Rivian opens orders for its commercial van beyond initial launch partners, targeting a lucrative market dominated by Mercedes and Ford. The EV maker's commercial vans come in two sizes and start at $79,900, aiming to capitalize on the growing e-commerce logistics and last-mile fulfillment industry.

Disney Removes DEI Programs Amid Trump's Executive Order

Disney Removes DEI Programs Amidst Trump's Anti-Discrimination Push

US Stocks Bounce Back Amidst Trump Tariff Threats

US stocks rebounded Monday as investors overlooked President Trump's new tariff threats, including levies on steel and aluminum imports. The Dow Jones Industrial Average (^DJI) climbed nearly 0.4% after the blue-chip index on Friday posted its worst loss in almost four weeks. The S&P 500 (^GSPC) gained roughly 0.6%, while the Nasdaq Composite (^IXIC) jumped nearly 1% as shares of AI chipmaker Nvidia (NVDA) surged 3%, along with other tech stocks.

Elon Musk's $97.4 Billion Offer for OpenAI: Altman Declines, Calls Musk a "Swindler"

OpenAI CEO Rejects Elon Musk's $97.4 Billion Offer; Musk Labels Him a "Swindler"

Elon Musk's $97 Billion Bid for OpenAI Rejected

OpenAI CEO rejects $97.4 billion bid from investors led by Elon Musk; OpenAI plans to transition from nonprofit to for-profit company following significant investments from Microsoft and others.

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McDonald's Q4 2024 Earnings Miss; Revenue Falls Short, E. coli Outbreak Hurts Sales

McDonald's misses expectations for Q4 2024, with revenue decreasing 0.28% and adjusted earnings per share falling short of estimates. Despite positive global same-store sales growth, US sales decline amid an E. coli outbreak. The chain aims to regain foot traffic through affordability initiatives and menu innovation in 2025.

Musk Calls for Scrutiny of Federal Reserve

Billionaire Elon Musk suggests closer scrutiny of the Federal Reserve in the wake of Fed Chair Jerome Powell's upcoming testimony on Capitol Hill. Musk argues for transparency and accountability in all aspects of government, including the Fed.