McDonald’s misses revenue target as it cites impact from Middle East war
Fast-food giant sees ‘macro challenges’ continuing in 2024.
Estée Lauder stock soars toward best day in 13 years after earnings, job cuts
Estée Lauder’s stock soared Monday, after the beauty-products company reported fiscal second-quarter profit that beat expectations by a wide margin, and said it would cut...
Tyson Foods’ stock soars 5% after profit beat offsets fifth straight sales miss
The parent of food brands Tyson, Hillshire Farm, Jimmy Dean and Ball Park beat profit estimates for its fiscal first quarter, overshadowing a fifth straight...
Binance lists Ronin (RON) as Pullix (PLX) eyes beta launch
Binance announced it would list Ronin (RON) on February 5, 2024. Pullix has revealed major updates, including its registration as an exchange provider. PLX token...
Fate of the Mag 7 depends on their ability to deliver rapid revenue growth in 2024, says Goldman Sachs
Mag 7 valuations are not extreme but they must deliver the forecast revenue growth
Oil prices slide as traders brush off U.S. airstrikes
Oil futures fall to begin the week.
Do what this deal-making CEO does and find ‘AI-proof’ industries for your money
Healthcare, retail, manufacturing and building products are industries AI likely won’t dominate.
Elanco’s stock heads for 18-month high as company sells aqua business to Merck for $1.3 billion in cash
The deal “allows us to prioritize our investments in larger markets with greater earnings potential over the medium and long term, while creating balance sheet...