jessica_twt
05-02

$McDonald's(MCD)$ reports largest U.S. same-store sales decline since 2020

One US netizen said, Paying $7 for a quick mediocre meal was one thing. Paying $12+ for the same quick mediocre meal means finding a fast casual sit down restaurant at comparable price, or bringing your own lunch to work. I'd imagine Taco Bell, Burger King, Carls Jr, etc., are in the same situation.

Earnings Season: Muted Gains, Sharp Losses: Can Mag 7 Shift the Mood?
The kickoff has been far from optimistic. Even earnings beats only lead to modest gains, while misses are punished heavily. Take Google for example — despite beating expectations, the stock opened higher but ended the day up just 0.88%.ASML: Dropped 8% right after earnings. Over the following three trading days, the total decline reached 14%. TSMC: Gained 3% post-earnings, but ended with a red candle. It went on to decline for three consecutive days. --------- Mag 7 companies: META, AMZN, AAPL, will release earnings next week. Can they shift the mood or not?
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