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McDonald's Sees Unexpected Drop in Quarterly Sales as Consumers Opt for Cheaper Meals

Jul 29, 2024 21:32 pm UTC| Business

McDonalds reported an unexpected decline in quarterly global comparable sales on July 29, as financially constrained customers opted for cheaper home-cooked meals. The burger giant saw a 1% drop in global sales, the first...

Morgan Stanley Predicts Lower Profits to Impact Economy-Linked Stocks Amid Inflation Concerns

Jul 29, 2024 21:13 pm UTC| Business Economy

Morgan Stanleys Michael Wilson forecasts a decline in US corporate earnings, predicting a downturn for stocks tied to the economy. Concerns over falling inflation and its impact on pricing power drive investor...

Krispy Kreme Celebrates Team USA with $1 Donuts and New Flavors for Paris Olympics

Jul 29, 2024 21:08 pm UTC| Business

Krispy Kreme supports Team USA at the 2024 Paris Olympics with special $1 donut deals and new flavors. On July 31, fans can enjoy any donut for $1 in stores, and on August 1, rewards members get $1 original glazed donuts...

Grab a WWE Collectible Cup with Bojangles’ BBQ Pulled Pork Sandwich Combo

Jul 29, 2024 21:04 pm UTC| Business

Bojangles is celebrating WWE with the return of its BBQ Pulled Pork Sandwich Combo, featuring exclusive WWE collectible cups. Throughout July, fans can enjoy North Carolina-style pit-smoked pulled pork sandwiches and...

Microsoft's AI Spending Frenzy Stirs Investor Worries as Cloud Growth Faces Scrutiny

Jul 29, 2024 16:15 pm UTC| Technology Business

A frenzy of AI spending at Microsoft has stirred investor worries, bringing Azures cloud growth under intense scrutiny. Azures Consistent Growth Reported When IT giant Microsoft announces earnings on Tuesday,...

Tesla Slips in J.D. Power 2024 Owner Satisfaction Study, Rivian and Porsche Lead

Jul 29, 2024 14:13 pm UTC| Business Technology

Tesla has fallen behind Rivian, Porsche, and Jaguar in J.D. Powers 2024 APEAL Study. The survey, which evaluated owner satisfaction after 90 days, highlighted a significant improvement in scores for mainstream...

Elon Musk Reveals 50% Success Odds for SpaceX Starship Flight 5 in September

Jul 29, 2024 13:59 pm UTC| Business Science Technology

Elon Musk, SpaceX CEO, disclosed that the highly anticipated Starship Flight 5 test might occur in early September, pending FAA approval. Musk estimates a 50% success rate for the ambitious test, which aims to capture the...

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Economy

IMF Slashes Global Growth Forecast Amid Middle East Energy Crisis

The International Monetary Fund has downgraded its global growth outlook following a surge in energy prices triggered by the ongoing Middle East conflict. As finance officials convened for the IMF and World Bank spring...

U.S. Stock Futures Hold Steady as Wall Street Eyes Middle East Diplomacy and Earnings Season

U.S. stock index futures were relatively flat Tuesday evening following a strong regular session that pushed the SP 500 close to its all-time closing high. By late evening, SP 500 Futures hovered near 7,007.75, Nasdaq 100...

Oil Prices Slip as U.S.-Iran Ceasefire Hopes Ease Middle East Tensions

Oil prices continued their downward trend during Asian trading hours on Wednesday, extending significant losses from earlier in the week as diplomatic developments between the United States and Iran raised hopes for a...

China's Trade Surplus Shrinks Sharply in March Amid AI Import Surge and Export Slowdown

Chinas trade balance dropped significantly in March, falling well below market expectations as a surge in imports collided with weaker-than-anticipated export growth. Official customs data revealed a trade surplus of...

Australian Business Confidence Crashes Amid Iran War Oil Shock

Australian business confidence suffered one of its steepest monthly declines on record last month, as the ongoing conflict involving Iran triggered a severe global oil shock that rattled markets and spooked company...

Politics

Erica Schwartz Reportedly Tapped to Lead the CDC Under Trump Administration

The White House is reportedly considering Erica Schwartz as the next permanent director of the Centers for Disease Control and Prevention, according to the Washington Post, which cited three anonymous sources familiar with...

10 Nations Condemn UN Peacekeeper Killings in Lebanon, Urge End to Hostilities

Ten countries, including Canada, the United Kingdom, Australia, and Japan, have jointly condemned the killing of United Nations peacekeepers in Lebanon, urging an immediate ceasefire as the humanitarian crisis in the...

Prince Harry Opens Up About Fatherhood and Mental Health During Australia Visit

Prince Harry and Meghan, Duchess of Sussex, are currently on a four-day tour of Australia, their first visit to the country since 2018. During a stop at the Western Bulldogs Australian rules football club in Melbourne,...

U.S.-Iran Nuclear Talks Show Promise Despite Deep-Rooted Tensions, Vance Says

United States Vice President JD Vance expressed cautious optimism on Tuesday regarding ongoing diplomatic efforts between Washington and Tehran, acknowledging that decades of mistrust between the two nations cannot be...

Iran-U.S. Peace Talks May Resume in Pakistan Amid Ongoing War and Oil Market Tensions

Diplomatic efforts to end the Iran-U.S. war could resume in Pakistan within days, President Donald Trump signaled on Tuesday, after weekend negotiations in Islamabad broke down without an agreement. The collapse of talks...

Science

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

Technology

Anthropic Nears $800 Billion Valuation as Investor Confidence Surges

Anthropic, the artificial intelligence startup behind the Claude AI assistant, is reportedly fielding investment offers that could value the company at up to $800 billion. According to Business Insider, multiple venture...

SK Hynix Shares Hit Record High Amid AI Memory Demand Surge

SK Hynix shares soared to an all-time high on Tuesday, riding a wave of renewed investor confidence in artificial intelligence infrastructure and fresh momentum from developments tied to fellow memory chipmaker SanDisk....

Amazon in Advanced Talks to Acquire Globalstar in Starlink Rivalry Move

Amazon.com Inc (NASDAQ: AMZN) is reportedly in advanced negotiations to acquire satellite operator Globalstar Inc (NASDAQ: GSAT), marking a bold strategic push by the tech giant to challenge SpaceXs dominant Starlink...

Anthropic Discusses Frontier AI Model Mythos With Trump Administration Despite Pentagon Ban

Anthropic is actively engaging with the Trump administration about its latest frontier AI model, Mythos, even as the company navigates an ongoing dispute with the Pentagon, co-founder Jack Clark revealed Monday at the...

AI Deradicalization Tools: How Chatbots Could Help Combat Violent Extremism Online

As artificial intelligence platforms become more deeply embedded in daily life, concerns about their role in enabling dangerous behavior continue to grow. A New Zealand startup is now developing a groundbreaking tool that...