Key Takeaways McDonald's said that it will bring Quarter Pounders back to some 900 restaurants in Colorado, Kansas, and Wyoming, as well as portions of nine other states, after an E. coli outbreak last week. Company officials identified slivered onions from distributor Taylor Farms' Colorado Springs facility as the likely source, and won't be serving them on the burger when sales resume there. A number of other chains like Taco Bell and Burger King said they also have removed onions sourced from the same Ta ...

KEY TAKEAWAYS Boeing on Monday launched the sale of around $19 billion in stock and depositary shares, as the troubled plane maker seeks to shore up its finances amid a crippling strike by its union machinists. Boeing said it will sell 90 million shares of common stock. That would amount to $13.95 billion if the shares are valued at their Friday closing price of $155.01 each. Boeing also is offering $5 billion in depositary shares. Boeing (BA) on Monday launched the sale of around $19 billion in stock and d ...

Core Insights - Koninklijke Philips' American depositary receipts (ADRs) are down over 15% in premarket trading following a reduction in the 2024 sales outlook due to a "significant deterioration" in demand from China [1][2] - The company has revised its 2024 comparable sales growth forecast to a range of 0.5% to 1.5%, down from the previous estimate of 3% to 5% [1][2] Financial Performance - Philips reported third-quarter sales of 4.38 billion euros ($4.74 billion), a decrease from 4.47 billion euros in the same quarter last year, and below the consensus estimate of 4.55 billion euros [3] - The net income for the third quarter was 181 million euros, with earnings per share (EPS) of 0.19 euros, both of which fell short of estimates; however, adjusted EPS of 0.32 euros narrowly exceeded expectations [4] - Despite a 40% increase in ADRs this year until the previous Friday's close, the current premarket trading reflects a 16% decline [4] Market Commentary - CEO Roy Jakobs noted the continued impact from China, stating that demand from hospitals and consumers in China has further deteriorated, while growth remains solid in other regions [3]

KEY TAKEAWAYS Boeing reportedly is planning to raise more than $15 billion in capital as soon as Monday, as the troubled plane maker seeks to shore up its finances. According to Bloomberg, the deal is likely to include stock as well as bonds that can be converted into shares. The report said Boeing needs the funds to keep its investment-grade rating and fund its "eventual recovery" from an ongoing strike by its union machinists. Boeing (BA) reportedly is planning to raise more than $15 billion in capital as ...

 Analyst Estimates for Q1 2025Q4 2024Q1 2024Revenue$64.65 billion$64.73 billion$56.52 billionEarnings Per Share$3.11$2.95$2.99Net Income$23.2 billion$22.04 billion$22.29 billion Key Metric: Cloud Growth In the prior quarter, Microsoft reported cloud revenue of $36.8 billion, up 21% year-over-year, but short of the $37.2 billion analysts expected. Microsoft's Intelligent Cloud segment, which houses Azure, accounted for $28.5 billion in revenue, driven by a 29% jump in revenue from Azure and other services ...

Analyst Estimates for Q4 2024 Q3 2024 Q4 2023 Revenue $94.58 billion $85.78 billion $89.5 billion Earnings Per Share $1.48 $1.40 $1.46 Net Income $22.49 billion $21.45 billion $22.96 billion Key Metric: Late-Cycle iPhone 15 Shipments Apple's fiscal fourth quarter includes the very beginning of the iPhone 16 cycle, but shipments of iPhone 15s will go a long way toward whether the company beats expectations, analysts at Morgan Stanley said. The firm raised its estimate for iPhones shipped in the quarter to 55 ...

Key TakeawaysAmazon reports earnings after the market closes Thursday, with analysts expecting profits to fall from the prior quarter but rise from a year ago.Investors will likely be watching the tech giant's margins amid concerns consumer weakness, growing labor costs, and higher spending on artificial intelligence could squeeze profits.Analysts have suggested Amazon's high-margin advertising revenue and AWS growth could help offset the costs. Amazon (AMZN) reports earnings after the bell Thursday, with i ...

Intel's Stock Performance and Technical Analysis - Intel shares will be in focus this week as investors await the company's third quarter results after Thursday's closing bell [1][2] - The stock has recovered 23% from its early-September low, supported by the company's turnaround plans, but remains more than 50% lower since the start of the year [2] - Intel shares have been trading sideways since breaking above the neckline of a double bottom pattern last month, with a doji forming last week indicating indecision [3] - The relative strength index (RSI) has flattened out in recent weeks, confirming rangebound conditions in the stock [3] Key Support and Resistance Levels - Key support levels to monitor are around $22 and $19, with $22 sitting just 3% below Friday's close and providing support near the double bottom pattern's neckline [4] - A breakdown below $22 could see the stock revisit $19, where bargain hunters may look for buying opportunities [4] - Important resistance areas to watch are near $25, $30, and $36, with $25 being a potential exit point for investors who purchased at lower levels [5] - A rally through $25 could see the shares climb to $30, where overhead selling pressure may emerge, and a more bullish move may lead to a retest of the $36 level [5] Revenue Expectations and Competitive Landscape - Analysts expect Intel to report a decline in revenue for the third quarter due to softening demand for PC and server chips [2] - The company faces intensifying competition from rivals such as Advanced Micro Devices (AMD) and Nvidia (NVDA), contributing to its shrinking dominance in the chip market [2]

Analyst Estimates for Q3 2024 Q2 2024 Q3 2023 Revenue $6.71 billion $5.84 billion $5.8 billion Earnings Per Share 50 cents 16 cents 18 cents Net Income $815.76 million $265 million $299 million Key Metric: Data Center Revenue In July, AMD reported data center revenue in the second quarter more than doubled year-over-year to a record $2.8 billion, as demand for the company's artificial intelligence (AI) chips surged. Analysts expect data center revenue to rise to a fresh high of $3.52 billion for the third q ...

Key Takeaways Starbucks reports fourth-quarter earnings after the market closes Wednesday, a week after it posted disappointing preliminary results and suspended its fiscal 2025 outlook. The company said suspending guidance would give it time to evaluate its business under new CEO Brian Niccol. Wednesday's report will be Niccol's first at the helm of the coffee giant since leaving Chipotle. Starbucks (SBUX) will report fourth-quarter earnings after the bell Wednesday, a week after the company released preli ...