McDonalds posts weaker-than-expected fourth-quarter earnings as higher U.S. menu prices fails to offset higher costs for the world’s biggest restaurant chain. McDonalds Corp. (MCD) – Get McDonald’s Corporation Report posted weaker-than-expected fourth-quarter earnings Thursday as higher Read more…
EUR/USD finally breaks out to the downside and falls to the lowest level since June 2020. Near term outlook is staying bearish and next target is 61.8% projection of 1.1908 to 1.1185 from 1.1482 at Read more…
Comcast posts fourth-quarter earnings that beat forecasts as growth at its theme parks and studio businesses offsets a lull in new broadband internet customers. Comcast on Thursday reported fourth-quarter earnings and revenue that beat analysts’ forecasts Read more…
This is a great time to line up profitable ways to make and save more money this year – and beyond. Here are eight great ideas. By now, many people already have let some 2022 Read more…
The food and drink sector, especially soft drinks, took a beating from Covid-19, but Coca-Cola still reigns as the most valuable soft drink brand. Here are the top food, beverage and dairy brands in the Read more…
Google’s ambitions for gaming-focused Chromebooks might be close to reality. After years of teasing Steam for Chrome OS and even Nvidia demoing support for DLSS and ray tracing on Arm-based Chromebooks, references to new gaming Read more…
FOMC statement with hawkish remarks are driving the USD higher while stocks has seen a new reversal down. At the same time, this means that market can stay in risk-off and more dollars gains ahead Read more…
Intel CEO Pat Gelsinger sees ‘unprecedented’ global demand for chips in the coming year, but notes that supply chain constraints will continue into early 2023. Intel (INTC) – Get Intel Corporation Report shares slumped lower Thursday Read more…
Powell makes a further hawkish pivot, signals end of era of highly accommodative policy Yields and dollar jump, but stocks are battered, upbeat earnings offer some support Kiwi biggest FX loser even as strong CPI Read more…
Billionaire hedge fund manager Bill Ackman said he began buying Netflix during last Friday’s $50 billion wipeout, and now owns a $1 billion stake in the market-leading streaming service. Netflix (NFLX) – Get Netflix, Inc. Read more…