McDonald’s Company MCD reported mixed quarterly results Monday, with fourth-quarter 2023 adjusted EPS of $2.95, beating consensus of $2.82. Sales of $6.41 billion, up 8% y/y (6% at constant currencies),…
Category: Business Finance
Clorox Cleans Up After Post-COVID Normalization and Cyber Attack
Key points Clorox is a diversified global manufacturer of cleaning products, home and wellness brands, including Pine-Sol, Liquid-Plumr, Clorox is recovering from an August 2023 cyberattack that caused an estimated…
Elon Musk’s mother opens the debate on immigration and talks about her family’s 12-year wait for American citizenship: “Now young and old can enter America illegally”
CEO of Tesla Elon Musk has continued to address issues related to illegal immigration on X, a social media platform he owns. Now, her mother, Maye Muskparticipated in the discussion…
PulteGroup can reach a new high in 2024
Key points PulteGroup struggled in the fourth quarter, but normalization and growth are expected. Despite the revenue decline, the company generated ample cash flow and free cash flow. Capital returns…
Short seller Jim Chanos labels Tesla CEO Elon Musk ‘subsidy king’ and ‘new legal darling’ over proposed carbon tax – iShares Global Clean Energy ETF (NASDAQ:ICLN)
Tesla CEO Elon MuskThe proposal for a “carbon tax” as a crucial measure against climate change has been criticized by short sellers Jim Chanos Sunday. Musk, in a post on…
Starbucks strengthens on the strength of margins: new highs in sight?
Key points Starbucks Posted Solid Quarter But Failed to Meet Consensus; other headwinds to stock price action remain. Growth is present and expected to continue, but is muted due to…
Bitcoin President Nayib Bukele Declares Victory in El Salvador Elections
The president of El Salvador Nayib Bukele declared victory in the country’s presidential election, although the results have not been officially confirmed. This would mark his second term in office,…
Nikki Haley Looks To Broader Horizons In Race To 2024, Says Winning State Of Origin Isn’t Essential: Our Campaign Is Not An ‘Anti-Trump Movement’
In the race for the 2024 Republican presidential nomination, former South Carolina governor, Nikki Haleyshe remains undeterred despite early losses and says she is looking beyond winning her home state.…
4 medical stocks with an improving prognosis for 2024
Key points Medtech stocks have seen mixed performance over the past two years, offset by dividend payments. Many in the group are trading at value levels, with expected growth expected…
DEA adds insult to injury, publicizes Nixon’s drug war policies on first day of Black History Month
The Drug Enforcement Administration’s recent Throwback Thursday (TBT) post on Twitter, now known as Black History Month. But that didn’t stop the agency from proudly publicizing its failed war on…