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McDonald's Tests New Value Meal Bundles Amidst U.S. Sales Decline

McDonald's Tests New Value Meal Bundles Amidst U.S. Sales Decline

McDonald's Tests New Value Meal Bundles Amidst U.S. Sales Decline

McDonald's Tests New Value Meals at 1,900 U.S. Locations Amidst Declining Customer Visits

McDonald's Tests New Value Meals at 1,900 U.S. Locations Amidst Declining Customer Visits

McDonald's Tests New Value Meals at 1,900 U.S. Locations Amidst Declining Customer Visits

McDonald's Tests New Value Meals in 1,900 U.S. Restaurants Amidst Declining Sales

McDonald's Tests New Value Meals in 1,900 U.S. Restaurants Amidst Declining Sales

McDonald's Tests New Value Meals in 1,900 U.S. Restaurants Amidst Declining Sales

McDonald's CEO Chris Kempczinski Introduces New Value Menus Amidst Declining U.S. Traffic

McDonald's CEO Chris Kempczinski Introduces New Value Menus Amidst Declining U.S. Traffic

McDonald's CEO Chris Kempczinski Introduces New Value Menus Amidst Declining U.S. Traffic

Mattel cuts annual forecasts as challenges pile up for new CEO

Mattel cuts annual forecasts as challenges pile up for new CEO

By Sanskriti Shekhar Nov 5 (Reuters) - Mattel on Thursday slashed its annual sales and profit forecasts ahead of the crucial holiday season, raising the stakes for new CEO Roger Lynch as he steers the Barbie maker through tepid demand and investor pressure.

Ralph Lauren raises outlook but shares slide as investors seek faster growth

Ralph Lauren raises outlook but shares slide as investors seek faster growth

By Neil J Kanatt and Danielle Kaye Nov 5 (Reuters) - Ralph Lauren forecast third-quarter revenue growth below Wall Street expectations on Thursday, sending its shares lower, even as the company reported strong demand in North America and Asia and raised its annual outlook.

Cigna raises annual profit forecast on strength in health services unit

Cigna raises annual profit forecast on strength in health services unit

By Sneha S K, Kunal Das and Amina Niasse Nov 5 (Reuters) - Cigna on Thursday raised its annual profit forecast after beating third-quarter estimates, driven by growth in its US health insurance business, specialty pharmacy and health services.

Tapestry lifts outlook as young shoppers snap up Coach bags, shares jump

Tapestry lifts outlook as young shoppers snap up Coach bags, shares jump

By Danielle Kaye and Anuja Bharat Mistry Nov 5 (Reuters) - Tapestry raised its annual revenue and profit forecasts on Thursday, betting on younger affluent shoppers buying its Coach handbags during the holiday season, even as the broader luxury sector grapples with a spending slowdown.

OpenAI to press ahead with data-center expansion despite midterm sweep, CFO tells CNBC

OpenAI to press ahead with data-center expansion despite midterm sweep, CFO tells CNBC

Nov 6 (Reuters) - OpenAI will press ahead with its US data-center expansion plans despite a Democratic midterm sweep this week that has fueled fears of tighter scrutiny of the facilities, its Chief Financial Officer Sarah Friar told CNBC in an interview on Friday.

Gathering AI storm clouds doom tech stocks to darkest day in a year

Gathering AI storm clouds doom tech stocks to darkest day in a year

By Niket Nishant and Caroline Valetkevitch Nov 5 (Reuters) - Big tech stocks slumped Thursday, putting them on track for their biggest decline since the "Liberation Day" rout last year, the most significant shakeout yet in what has been a punishing autumn for the AI trade.

Ralph Lauren shares fall as quarterly revenue forecast disappoints

Ralph Lauren shares fall as quarterly revenue forecast disappoints

Nov 5 (Reuters) - Ralph Lauren forecast third-quarter revenue below Wall Street expectations on Thursday, sending its shares 7% lower in premarket trading, even as the company reported strong demand in North America and Asia and raised its annual outlook.

Axon invests $1.2 billion more in drone maker Skydio, lowers annual revenue growth forecast

Axon invests $1.2 billion more in drone maker Skydio, lowers annual revenue growth forecast

Nov 5 (Reuters) - TASER maker Axon Enterprise said on Thursday it would invest an additional $1.2 billion in drone maker Skydio and become its exclusive distributor in the US and Canada. The deal highlights growing demand for drones among police, emergency response and government agencies.