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McDonald’s is geared up to report its third-quarter results on Tuesday morning against the backdrop of a recent increase in scrutiny after an E. coli outbreak linked to its Quarter Pounder burgers. The Centers for Disease Control and Prevention (CDC) issued a warning last week, associating 75 cases, one of them a fatality, with the...

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Tesla stock crashed upwards last week on the back of a better-than-expected third-quarter earnings report and Hallucinogen from CEO Elon Musk. The opening was praised on Wall Street, with some analysts keeping or upgrading their buy ratings, but the competitive price was seen as a shortcoming of others. Bank of America has repeated its buy...

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Tesla stock (NASDAQ: TSLA) went up by almost 18% on Thursday after the release of a constructive third-quarter financial report, which met financial analysts’ predictions. The great leap in the company’s margin from 16.8%, expected to be 16.8%, to 19.8%, was the prime reason for this rally. This was their biggest intraday rally since April,...

Sanofi stock gained momentum as the world’s third-largest pharmaceutical company announced its stunning performance in the third quarter of 2022 through revenue from sales area and earnings that were around a given level of change. The company was able to achieve these results due to the fast-growing sales of its vaccines in the initial months...

Tesla (TSLA) Stock: Revenue Hits $25.18B, EPS Beats at $0.72 Tesla delivered a mixed Q3 result, trading at $94 following an earnings beat that executives discussed. Adjusted earnings per share (EPS) were $0.72, above analysts’ expected $0.60. Meanwhile, Tesla’s adjusted net income was $2.5 billion, and free cash flow reached $2.9 billion. One of the...

McDonald’s Stock Drops 5% After An E. Coli Outbreak McDonald’s (MCD) Stock sustained a drop of about -5% following a CDC report which suggested that the Quarter Pounder hamburgers from McDonald’s may have caused an E. coli outbreak in some states, with most cases being in Colorado and Nebraska. The stock consequently plummeted -10% in...