Restaurant Brands International (QSR) Q1 2025 earnings
A Burger King restaurant is seen on October 25, 2024 in New York City. Michael M. Santiago | Getty Images Restaurant Brands International on Thursday reported quarterly earnings and revenue that missed analysts’ expectations as same-store sales of Popeyes, Burger King and Tim Hortons declined. But the restaurant company is seeing sales turn around already. “As we […]
Markets are resilient — but this bank says it could fall apart quickly. ‘Fundamentals remain dire.’
HSBC is warning clients that the odds are stacked against resilience for markets staying intact.
Soccer fandom to improve maternal health
Mother’s Day on Sunday marks the launch of an innovative program to improve maternal health by harnessing the power of soccer fandom. The World Health Organization says maternal mortality is unacceptably high. More than 700 women died every day in 2023 from preventable causes related to pregnancy and childbirth, according to a WHO fact sheet […]
Costco managed another month of sales growth in April. But it marks a slowdown from March.
Retailer’s latest report comes as Wall Street looks for signs of tariff impact.
March Madness drags down first-quarter results
Flutter CEO Peter Jackson told CNBC customer-friendly results in the NCAA’s college basketball tournament weighed on overall first-quarter results for FanDuel’s parent company. The global sports and online gambling platform reported first-quarter adjusted earnings per share of $1.59, missing Wall Street consensus of $1.89 per share, according to LSEG. Revenue for the period also missed […]
Saudi fund deepens investment in women’s professional golf
PIF will become the title sponsor of revamped golf series. Severn Images Saudi Arabia is deepening its investment in women’s professional golf. The Public Investment Fund, the sovereign wealth fund of Saudi Arabia, announced on Wednesday that it will become the title partner of five events that will take place on the the Ladies European […]
Why Nvidia investors are cheering Trump’s likely dismantling of Biden’s AI chip rules
The policy change could make it easier for AI chip companies to sell into the Middle East.
Carvana (CVNA) earnings Q1 2025
Vehicles are seen on display at a Carvana dealership in Austin, Texas, on Feb. 20, 2023. Brandon Bell | Getty Images DETROIT — Carvana’s first-quarter results easily topped Wall Street’s expectations as the company reported record sales driven by higher-than-expected industry demand amid fears of price increases due to automotive tariffs. Carvana CEO and co-founder Ernie […]
AMC’s revenue slides amid weakest first-quarter box office since 1996
Movie-theater chain and original meme stock AMC Entertainment Holdings Inc. beat Wall Street’s revenue expectations in its first-quarter earnings results Wednesday, despite a weak box-office environment in the first three months of the year.
Netflix adds OpenAI-powered search tool to revamped homepage and app
Netflix launching an innovative new TV experience featuring enhanced design, responsive recommendations and a new way to search. Courtesy: Netflix Netflix unveiled a redesigned homepage experience on Wednesday with the aim of making searching for shows and movies easier for its members. The user experience revamp goes beyond the TV screen. Netflix is also making […]
