McDonald’s is set to release its second-quarter earnings report, and analysts have projected some key figures that the company is expected to announce. Despite these projections, McDonald’s has faced a slew of challenges throughout the year, which have reflected in its stock performance. The company’s shares have dropped by 15% year-to-date, largely due to concerns
admin
Over the weekend, Ryan Reynolds experienced a historic moment in his acting career with the success of Deadpool & Wolverine at the box office. The actor took to his Instagram Story to express his shock and gratitude towards the fans who made it all possible. Reynolds admitted that processing the magnitude of this achievement was
Over the weekend, the movie Longlegs starring Nicolas Cage managed to rake in an impressive $6.7 million on 2,730 screens. This third week performance has allowed the film to surpass Parasite as the highest grossing film ever for the indie distributor. Not only that, but Longlegs has also claimed the title of the top grossing
Over the past weekend, Ryan Reynolds, Hugh Jackman, and Director Shawn Levy’s film, Deadpool & Wolverine, shattered box office records. The movie achieved the highest R-rated opening of all time, both worldwide and domestically, raking in an impressive $438.3 million globally and $205 million in the domestic market. This feat surpassed the previous record set
Former President Donald Trump made headlines during his keynote speech at the Bitcoin Conference in Nashville by hinting at the possibility of establishing an official U.S. bitcoin strategic reserve. However, instead of committing to this revolutionary idea, he merely pledged to maintain the current level of bitcoin holdings acquired from seizing assets from financial criminals.
In the midst of a volatile market, investors are always on the lookout for stable investments that can help navigate the ups and downs. One such investment is Western Midstream Partners (WES), a limited partnership that owns and operates midstream assets in various states. What sets WES apart is its high dividend yield of 8.8%,
Fast-food chains have been facing a tough time recently as consumers are cutting back on their spending and opting for more cost-effective options. With a decline in foot traffic and sluggish sales, many popular chains like McDonald’s, Taco Bell, Burger King, and Wendy’s have turned to $5 meal deals in hopes of attracting more customers
The assessment by Citi strategists on the potential impact of the 2024 US presidential election on oil prices suggests that under a Trump administration, the oil market could experience a net bearish trend. This could be attributed to factors such as trade tariffs, oil-and-gas-friendly policies/deregulation, and efforts to push OPEC+ to release more oil to
China recently announced a significant increase in subsidies to support specific consumer purchases, signaling a shift towards boosting domestic consumption. The government allocated the equivalent of 300 billion yuan ($41.5 billion) in special bonds towards trade-ins and equipment upgrades, expanding an existing program. According to Ding Wenjie, an investment strategist at China Asset Management Co.,
Donald Trump’s upcoming appearance at the biggest bitcoin conference of the year marks a stark shift from his previous stance on cryptocurrencies. Despite openly criticizing bitcoin during his time in the White House and expressing skepticism towards its legitimacy, Trump is now embracing the digital asset space. This change in position is reflective of the
Indian Prime Minister Narendra Modi’s upcoming visit to Ukraine has sparked controversy and raised eyebrows in the international community. This visit comes at a critical time, as Russia continues its war with Ukraine and faces sanctions from Western countries. Modi’s visit will mark his first time in Ukraine since the conflict began, and it follows
In a recent interview with CNBC’s “Fast Money,” traders Danny Moses, Vincent Daniel, and Porter Collins expressed their bullish stance on gold. This trio, known for their successful bet against the housing market prior to the 2008 crisis, emphasized the importance of including gold in investment portfolios. Collins highlighted the impact of central bank buying
As we look ahead to 2025, the impact of the upcoming administration on the economy and financial markets is at the forefront of many traders’ minds. The uncertainty surrounding the policies and approaches of the new leadership raises questions about what to expect in the coming year. While a crystal ball may not be available,
Nickel mining in Indonesia has seen a significant surge in recent years, propelling the country to become the world’s top producer of this essential metal. Currently, Indonesia boasts over 14 active mines, supplying more than 40% of the global demand for nickel. This growth is largely attributed to the metal’s crucial role in electric vehicle