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McDonald's Jumps Despite Earnings Miss On $5 Value Meal Hopes – Investor's Business Daily

McDonald’s (MCCDMcDonald’s on Monday missed second-quarter profit expectations but said its $5 value menu items are attracting lower-income customers as food prices remain high, sending the struggling company’s shares soaring. ↑ X Now Playing How to read stock charts: moving averages McDonald’s revenue and sales fall The Dow Jones-indexed burger giant reported earnings of $2.97 […]

Spooked stock market faces tech earnings minefield, Fed meeting

Spooked investors are gearing up this week for earnings reports from the market’s biggest tech companies, a Federal Reserve policy meeting and a closely watched jobs report that could determine the short-term trajectory of U.S. stocks after a wild turmoil. A months-long rally for big tech stocks hit a wall in late July, leading to […]

Tesla Shares Plummet 12% as Q2 Earnings Miss Expectations amid Dismal EV Market

Elon Musk’s Tesla took a big hit, with its shares falling more than 12% in morning trading on Wednesday after reporting disappointing second-quarter results. CNBC Reports Tesla’s second-quarter earnings report shocked the investment community, sending the company’s shares plummeting more than 12% in morning trading Wednesday. The surprise drop came after the electric car maker […]

Tesla shares dip after lackluster earnings report

Tesla shares fell 12% on Wednesday after the electric car maker reported second-quarter profit that fell short of expectations. The company, led by billionaire tech mogul Elon Musk, made revenue of $25.5 billion in the three months from April to June, up 2% from the same period last year. But despite cost-cutting efforts, including widespread […]

Nasdaq futures fall after Alphabet, Tesla report earnings: Live updates – CNBC

35 minutes ago Tesla misses profit target for fourth consecutive year Tesla reported weaker-than-expected profits on Tuesday, making it the first electric-car maker to post four consecutive earnings misses. Second-quarter profits fell 17% below consensus, the biggest profit fall since January 2021. Tesla’s gross margin fell to 14.6% in the latest quarter, halving from 30% […]