McDonald's Corp
McDonald’s is about to report earnings. Here’s what to expect
The logo of McDonald’s is seen in Los Angeles, California. Lucy Nicholson | Reuters McDonald’s is expected to report its third-quarter earnings before the bell on Wednesday. Here’s what Wall Street analysts surveyed by LSEG are expecting the company to report: Earnings per share: $3.33 expected Revenue: $7.1 billion expected The fast-food giant, often seen as […]
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Starbucks to form joint venture with Boyu Capital to run China business
A Starbucks outlet in Hangzhou in east China’s Zhejiang province Thursday, Oct. 30, 2025. Long Wei | Feature China | Future Publishing | Getty Images Starbucks on Monday announced it is forming a joint venture with Boyu Capital to operate the company’s locations in China. Under the terms of the deal, Boyu, an alternative asset […]
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Third-quarter earnings are indicating a divided economy
A Taco Bell restaurant in El Cerrito, California, US, on Tuesday, April 29, 2025. David Paul Morris | Bloomberg | Getty Images With more consumer companies preparing to report third-quarter earnings this week, Wall Street will be watching for signs of a bifurcated or “K-shaped” economy as consumers diverge in their spending behaviors. There have […]
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Here’s where the economy is starting to show ‘K-shaped’ bifurcation
Jasondoiy | E+ | Getty Images Amid recession fears, a government shutdown and tariff uncertainty, consumers are increasingly diverging in their spending. Wealthier Americans are engaging their purchasing power, while lower-income Americans are starting to pull back — commonly described as a “K-shaped” economy. Friday’s consumer price index report could shed more light on the […]
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Amazon Web Services outage takes down major websites
Amazon Web Services Inc. signage at the Nvidia GPU Technology Conference in San Jose, California, on March 20, 2025. David Paul Morris | Bloomberg | Getty Images Amazon Web Services, a leader in the cloud infrastructure market, reported a major outage on Monday, taking down numerous big-name websites. AWS cited an “operational issue” affecting “multiple […]
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AI Sam Altman and the Sora copyright gamble: ‘I hope Nintendo doesn’t sue us’
Samuel Boivin | Nurphoto | Getty Images OpenAI launched short-form video app Sora this week, and users have flooded the platform with artificial intelligence-generated clips of popular brands and animated characters. The startup could soon face a deluge of copyright lawsuits, experts told CNBC. “A lot of the videos that people are going to generate […]
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