
McDonald’s Beats Analyst Expectations in Q3 2021 as Same-Store Sales Increase Globally, MCD Stock Up 3%
McDonald’s same-store sales climbed 9.6% from a year before as demand bounced back in its home market.
McDonald’s same-store sales climbed 9.6% from a year before as demand bounced back in its home market.
Robinhood revealed that the Monthly Active Users (MAU) increased by 76% to 18.9 million, compared to 10.7 million in the third quarter of 2020.
Alphabet is known for heavy spending across its various business units, and the Q3 results were a reflection that these investments are yielding the desired results.
Facebook’s latest earnings reports have a mixed bag of commentary from market analysts. The company is looking to invest into new avenues while devoting significant resources towards building metaverse.
Twitter reported its Q3 earnings and revealed that its performance was not significantly affected by Apple’s updated privacy features.
Along with its IPO filing, Iris Energy submitted a prospectus that revealed a 1,177% increase in revenue for the September 30 quarter.
Short-seller Iceberg Research unveiled a bearish position on the DWAC stock market on Monday.
On Monday, TSLA stock soared 12% following a huge order from car rental company Hertz Holdings. Analysts have further increased the price targets for Tesla stock.
As for the third quarter operational highlights, Facebook reported that its daily active users (DAUs) came in at 1.93 billion representing a 6% rise YoY.
Following the dip in its price today, the PINS stock has wiped out gains made last week after the news hit the internet.
The Tesla FSD malfunctioning problem may serve as another avenue for the United States National Highway Traffic Safety Administration (NHTSA) to extend its probe in the Palo Alto-based firm.
Google Play store subscription fee will drop from 30% to 15% from day one, however, developers will have to pay 30% for the first 12 months.
The earnings details posted by Snap were disappointing enough to cause a plunge in stocks of Facebook, Twitter, and other social media companies.
The fall in the SNAP stock price has also pulled down the shares of other social media companies including Facebook and Twitter.
The surge to the record high as seen in the S&P 500 was undeterred by inflation fears.