McDonald's Sales Rise, Though Restaurant Traffic Remains Pressured -- Update Dow Jones By Heather Haddon $McDonald's(MCD)$   McDonald's executives said they were committed to regaining consumers' trust following an E. coli outbreak that sickened dozens, threatening the chain's efforts to shore up its U.S. business. McDonald's said that sales and guest counts fell in the days following federal officials' announcement of the outbreak last week. The company reaffirmed most aspects of its financial expectations for the year, under what executives said was the assumption that the E. coli outbreak won't significantly depress business. McDonald's Chief Executive Chris Kempczinski apologized to customers on a Tuesday investor call, and said the compan

How a Trump Victory Would Threaten Tesla's Success in China Dow Jones 11:55 $Tesla Motors(TSLA)$  $XPeng Inc.(XPEV)$  $NIO Inc.(NIO)$   Tesla Motors has had a special relationship with China allowing it to do things in the country that have been the envy of other U.S. automakers. That connection will be tested if Donald Trump is elected to a second term in the White House and a bigger trade war breaks out. Chief Executive Elon Musk's embrace of the Republican might put little daylight between him and a second Trump administration in Beijing's eyes, according

Tesla shares dropped 2% in premarket trading Friday. ‌$Tesla Motors(TSLA)$  ‌ Tesla shares closed up nearly 22% on Thursday - their biggest single-day gain in over a decade - as CEO Elon Musk's bold forecast of surging sales reassured investors he was still looking to grow its core business of selling electric cars. Musk forecast next year, promising to launch an affordable vehicle in the first half of 2025, and said efforts to slash production costs boosted margins in the third quarter. The stock rose to a session high of $262.2 with volumes of roughly 200 million shares. It was the biggest gain since May 2013, and erased recent losses on concerns that Musk was distracted by new projects like the recently unveiled robotaxi. At close, nearly $15

Nvidia (NVDA) CEO Jensen Huang said on Wednesday a design flaw with its latest Blackwell AI chips which impacted production has been fixed with the help of longtime Taiwanese manufacturing partner TSMC. $NVIDIA Corp(NVDA)$  $Taiwan Semiconductor Manufacturing(TSM)$   Nvidia unveiled Blackwell chips in March and had earlier said they would ship in the second quarter but were delayed, potentially affecting customers such as Meta Platforms (META), Alphabet's, Google (GOOG) and Microsoft (MSFT). "We had a design flaw in Blackwell," Huang said. "It was functional, but the design flaw caused the yield to be low. It was 100% Nvidia's fault."

Wonderful [Cool]  [Cool]  [Cool]  

Palantir Stock Is Crushing Its Peers In AI Revenue $Palantir Technologies Inc.(PLTR)$  $C3.ai, Inc.(AI)$  $NVIDIA Corp(NVDA)$   Oct. 22, 2024 5:47 AM Summary • Palantir has been one of the top-performing AI software stocks this year with a 156% YTD return, thanks to accelerating revenue growth and strong business momentum from its AIP. • Fundamentally, what’s most critical for shares is maintaining a revenue growth rate above 20% for the foreseeable future. • Government revenue growth was 23% YoY, up 7 percentage points from 16% YoY in Q1. • The one caveat is

Bull Market Completes 2 Years on AI Surge; NVIDIA & PLTR Stocks Shine $Palantir Technologies Inc.(PLTR)$  $NVIDIA Corp(NVDA)$   Tirthankar Chakraborty Thu, October 17, 2024 at 3:05 AM GMT+8 4 min read In This Article: NVDA+3.13% PLTR-1.18% ^GSPC+0.47% Stocks for every type of investor Wall Street celebrated the bull market’s second anniversary last week, with the S&P 500 ending at record highs. Since Oct. 12, 2022, the broader S&P 500 has soared more than 60% after hitting a closing low of 3,577.03, per the Dow Jones Market Data. The bull market has hardly shown any sign of slowing down in the past two years, mostly due to