The logo of McDonald’s is seen in Los Angeles, California.Lucy Nicholson | ReutersMcDonald’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 expectedRevenue: $7.1 billion expectedThe fast-food giant, often seen as a bellwether for the financial health of consumers, has spent more than a year sounding the alarm about a pullback in spending from low-income diners. But Wall Street is anticipating that McDonald’s will report same-store sales growth for the second straight quarter, showing that its value strategy is winning over customers.Kicking…
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Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Markets: Stocks were accelerating to the downside Tuesday afternoon. The S & P 500 fell more than 1%. The Nasdaq dropped nearly 2%, with tech stocks under pressure on concerns about lofty valuations after a big run. Despite these declines, the S & P 500 was only off about 1.5% from its record closing high one week ago. Drug deal : Eli Lilly shares were modestly higher in Tuesday’s down market…
California voters approved new congressional district boundaries Tuesday, delivering a victory for Democrats in the state-by-state redistricting battle that will help determine which party wins control of the U.S. House in 2026 and, with it, the power to thwart or advance President Donald Trump’s agenda.The approval of Proposition 50 gives Democrats a shot at winning as many as five additional seats, just enough to blunt Texas Republicans’ move to redraw their own maps to pick up five GOP seats at Trump’s urging. Texas’ move and California’s response have kicked off a flurry of redistricting efforts around the country, with Republican…
Alex Karp, CEO of Palantir Technologies, speaks on a panel titled Power, Purpose, and the New American Century at the Hill and Valley Forum at the U.S. Capitol on April 30, 2025 in Washington, DC.Kevin Dietsch | Getty ImagesThis is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox.Here are five key things investors need to know to start the trading day:1. Palantir’s popcornTech earnings continued yesterday with Palantir Technologies, which beat Wall Street’s expectations on the top and bottom lines for the third quarter. The company also issued better-than-expected guidance for its current quarter.Here’s what to know:Palantir,…
Ben Emons, FedWatch Advisors founder and CIO, joins ‘Fast Money’ to talk the day’s market downturn and how to play it. Source link
Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for free to receive it directly in your inbox. Here’s what CNBC TV’s producers were watching on Tuesday and what’s on the radar for Wednesday’s session. Obesity in the USA We’ll follow reports on Wednesday that the White House is working on a deal with Eli Lilly and Novo Nordisk to have their diet drugs under the Medicare and Medicaid umbrella. Shares of Eli Lilly are up 5.1% in two days and up 10.6% in a…
Zohran Mamdani, Democratic candidate for mayor speaks during a press conference celebrating his primary victory with leaders and members of the city’s labor unions on July 2, 2025 in New York.Angela Weiss | Afp | Getty ImagesDemocrats made a clean sweep in the three biggest contested elections in the United States on Tuesday night.The top Democrat in the Senate, Minority Leader Chuck Schumer of New York, even before the races were called, said that their outcomes were a sharp rebuke to President Donald Trump, a Republican.Trump, in a social media post, said that unnamed “pollsters” concluded that the reason Republicans…
Co-founder and CEO of Nvidia Jensen Huang spoke to journalists during a trip to Beijing in July.Picture Alliance | Picture Alliance | Getty ImagesNvidia will help train and mentor emerging deep tech startups in India as a founding member of a $2 billion investment alliance, deepening its presence in the world’s third-largest startup ecosystem.The U.S. chipmaker has joined the India Deep Tech Alliance (IDTA) — a group of private equity and venture capital investors pledging $2 billion for deep tech investments — as a founding member. Deep tech startups are an umbrella term for emerging companies in semiconductors, space, AI,…
Guests look at a model of the largest data center in the UAE under construction in Abu Dhabi as the Stargate initiative, a joint venture between G42, Microsoft, and OpenAI, during the Abu Dhabi International Petroleum Exhibition & Conference (ADIPEC) in Abu Dhabi on November 3, 2025. (Photo by Giuseppe CACACE / AFP) (Photo by GIUSEPPE CACACE/AFP via Getty Images) Giuseppe Cacace | Afp | Getty ImagesFossil fuel leaders have welcomed a paradigm shift in the narrative regarding the energy transition.Speaking to CNBC on the sidelines of the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC), OPEC Secretary-General Haitham Al…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailFast MoneyFairlead Strategies’ Katie Stockton joins the ‘Fast Money’ trader table today and breaks down the technical indicators in ‘gaps’.04:544 hours ago Source link
