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Tag: Earnings call

SAN FRANCISCO - FEBRUARY 09: A sign stands outside of a McDonald's restaurant February 9, 2009 in San Francisco, California. Fast food chain restaurant McDonald's reported a 7.1 percent increase in same store sales for January as people look towards cheaper food alternatives in the weakening economy. (Photo by Justin Sullivan/Getty Images)

McDonald’s U.S. ‘Same-Store’ Sales Plunge To Lowest Levels Since COVID-19 Era

Fast-food chain McDonald’s reported its worst quarterly sales numbers in the United States since 2020. 

Read More McDonald’s U.S. ‘Same-Store’ Sales Plunge To Lowest Levels Since COVID-19 Era
A 3D-printed miniature model of Elon Musk and the Tesla logo are seen in this illustration taken January 23, 2025. REUTERS/Dado Ruvic/Illustration

Tesla doubles down on robotaxi timeline; investors enthused – and skeptical

Tesla peppered its latest earnings call promising that autonomous vehicles will “move the financial needle in a significant way” by late next year.

Read More Tesla doubles down on robotaxi timeline; investors enthused – and skeptical
A person walks past a 7-Eleven convenience store in New York City on October 9, 2024. The Japanese owner of 7-Eleven said on Wednesday it had received a "revised" takeover offer from Canadian rival Alimentation Couche-Tard after rejecting an initial bid worth around $40 billion. 7-Eleven is the world's biggest convenience store chain and has more than 85,000 outlets worldwide, around a quarter of those in Japan. (Photo by ANGELA WEISS / AFP) (Photo by ANGELA WEISS/AFP via Getty Images)

7-Eleven Announces Closure Of Over 400 Stores In North America

Over 400 7-Eleven stores across North America will begin closing, according to an announcement from the Slurpee and convenience store chain. 

Read More 7-Eleven Announces Closure Of Over 400 Stores In North America
NEW YORK, NEW YORK - JUNE 04: In this photo illustration, the Spotify music app is seen on a phone on June 04, 2024 in New York City. Spotify made an announcement that it will be raising the price of its Spotify Premium Individual plan by $1, from $10.99 to $11.99 per month and the Premium Family plan by $3, from $16.99 to $19.99 per month. (Photo Illustration by Michael M. Santiago/Getty Images)

Spotify Hiking Account Membership Pricing For Second Time In Less Than A Year

Next month, Spotify subscribers can expect an increase in membership fees as the audio streaming service is planning to boost its rates for the second time in less than a year.

Read More Spotify Hiking Account Membership Pricing For Second Time In Less Than A Year
A screen shows the logo and a ticker symbol for The Walt Disney Company on the floor of the New York Stock Exchange (NYSE) in New York, U.S., December 14, 2017. REUTERS/Brendan McDermid/File Photo

Disney’s surprise streaming entertainment profit offset by weaker TV business

Disney’s surprise profit in its streaming entertainment division was eclipsed by a drop in its traditional TV business and weaker box office.

Read More Disney’s surprise streaming entertainment profit offset by weaker TV business
CEO of Reddit Steve Huffman reacts at the New York Stock Exchange (NYSE) to celebrate the company's initial public offering (IPO) in New York City, U.S., March 21, 2024. REUTERS/Brendan McDermid

Reddit shares soar 38% in market debut

Reddit’s shares jumped in their debut, signaling that investor appetite for IPOs of promising yet loss-making companies could be returning.

Read More Reddit shares soar 38% in market debut

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SpaceX and Tesla founder Elon Musk participates in a town hall-style meeting to promote early and absentee voting at Ridley High School on October 17, 2024 in Folsom, Pennsylvania. (Photo by Anna Moneymaker/Getty Images)
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