Big-Tech’s PerformanceWeekly macro storyline: Bessent Reasons Rate-CutsTariff Shock Moves Forward — U.S. consumer sectors are generally facing a downturn in sales, rising costs, and squeezed profits. This includes companies like McDonald’s, Yum! Brands (KFC/Pizza Hut), Starbucks, Domino’s, and Hershey’s. Many of these companies cater to lower- to middle-income groups, and consumption downgrades are leading these consumers to cut back on non-essential spending. Economic uncertainty is spreading.April ADP employment numbers released on Wednesday showed an increase of only 62,000 jobs, far below expectations and the lowest in nine months. The decline was primarily in education and health services, possibly due to the aftermath of the DOGE healthcare rule, while the impact of tariffs might not
25 Q1 Earnings Season: Mixed Results, What's Your Pick?
Twilio Inc stock jumped over 8% in extended trading after reporting first-quarter financial results Reddit stock rose after forecasting second-quarter revenue above Wall Street estimates McDonald's fell 1.9% after the fast-food giant reported first-quarter revenue that missed analysts' expectations Eli Lilly declined 12% as it cut EPS guidance. Qualcomm tumbled 8.9% as the revenue outlook missed. -------------- How do you expect Q1 earnings season? Which companies are you bullish or bearish the most?
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