Tag: science

McDonald's (MCD) missed financial expectations in Q4 2024, facing challenges including an E. coli outbreak and weak U.S. sales. Despite these headwinds, the company remains optimistic, aiming to regain market share and profitability with value-driven menu offerings and customer-focused initiatives.

Published on: February 10, 2025, 06:02 PM UTC

McDonald's Q4 2024 earnings missed estimates, with revenue down 0.28% and EPS of $2.80 below expectations. Global same-store sales grew 0.4%, driven by international markets, while US sales declined 1.4% due to an E. coli outbreak. The company is implementing a McValue menu and other initiatives to regain foot traffic in 2025.

Published on: February 10, 2025, 03:02 PM UTC

Ecuador’s dollar bonds fell heavily after presidential candidate Luisa González performed better than expected in this weekend’s election, forcing President Daniel Noboa into a runoff.

Published on: February 10, 2025, 02:01 PM UTC

PowerFleet reports a Q3 loss of $14.3 million, missing Wall Street estimates of 2 cents per share earnings. Revenue was $106.4 million, exceeding forecasts of $100.6 million. Full-year revenue is projected to reach $362.5 million, while shares have declined 11% YTD but gained 83% over the past year.

Published on: February 10, 2025, 01:06 PM UTC

Despite looming tariffs, the stock market continues to trade near record highs. This is surprising considering tariffs could harm earnings, the most critical factor driving stock prices. However, investors may anticipate short-lived or less burdensome tariffs. Analysts warn that tariffs could decrease S&P 500 EPS by 2-3%, potentially impacting two-thirds of this year's EPS growth. Despite the threat of tariffs, earnings continue to perform well, with Q4 EPS growth exceeding expectations. As earnings remain the primary driver of stock prices, strong earnings could mitigate the negative effects of tariffs. Historically, earnings have contributed significantly to the S&P 500's total return, indicating their importance in determining stock prices. The labor market remains strong, with job growth and low unemployment. Wage growth is ticking up, while job openings are falling, suggesting a gradual cooling in the job market. Layoffs remain low, and hiring continues to exceed layoffs. Consumer sentiment has declined, but card spending data shows resilience. Gas prices are rising, while supply chain pressures remain loose. Business investment activity remains at record levels, and services and manufacturing surveys signal growth. Construction spending and mortgage rates are trending lower. Office occupancy is increasing, and GDP growth estimates remain positive. While the market is near all-time highs, the long-term outlook remains favorable as earnings growth is expected to continue. However, investors should stay vigilant and consider potential risks such as geopolitical turmoil, energy price volatility, and economic recessions.

Published on: February 10, 2025, 12:01 PM UTC

The increasing use of generative artificial intelligence (GenAI) could boost the productivity of India's $254 billion software industry by 43%-45% over the next five years, according to a survey by consulting firm EY India.

Published on: February 10, 2025, 10:01 AM UTC

Bitcoin demand is surging in Japan, fueling a meteoric rise in Metaplanet Inc. shares as the company pivots to a Bitcoin-first strategy. MicroStrategy's success has inspired many Japanese companies to emulate its massive Bitcoin investment, attracting retail investors seeking exposure to the volatile cryptocurrency. Metaplanet's unique NISA investment option and Bitcoin-themed hotel business set it apart in the market.

Published on: February 10, 2025, 10:00 AM UTC

Asian shares mixed as investors hunt bargains in the face of US tariffs. Japan's Nikkei slightly down, while Hang Seng jumps 1.5% and Shanghai Composite gains 0.3%. Markets brace for potential turbulence from tariffs, with Asian economies expected to feel the impact.

Published on: February 10, 2025, 04:00 AM UTC

JPMorgan Chase faces criticism over DEI initiatives from conservative activist Robby Starbuck, who alleges illegal hiring practices and ineffective training methods. CEO Jamie Dimon remains committed to the programs, citing their positive impact on business and shareholders despite increasing scrutiny of DEI policies nationwide.

Published on: February 10, 2025, 02:02 AM UTC

Listen to the Opening Bid podcast for expert perspectives on the future of AI in the workplace. From CEOs to economists, hear diverse opinions on how AI will impact productivity, job availability, and investment strategies. Join us for insightful conversations on the latest business trends and technology advancements.

Published on: February 10, 2025, 02:01 AM UTC