McDonald's Stock Sinks on E. Coli Outbreak:
McDonald's (MCD) shares are down 7% in premarket trading due to a fatal E. coli outbreak potentially linked to its Quarter Pounder. The CDC has reported 49 cases, including one death. McDonald's is pulling Quarter Pounders and slivered onions from menus in several states.
Tesla Stock Awaits Earnings Report:
Tesla (TSLA) shares are slightly lower as investors await its Q4 earnings report, which is expected to show increased revenue but lower profits compared to last year. Analysts forecast revenue of $25.41 billion but a profit drop to $1.68 billion.
Starbucks Stock Declines After Withdrawing 2025 Outlook:
Starbucks (SBUX) shares have fallen 4% after the company withdrew guidance for the 2025 fiscal year. Preliminary Q4 results showed revenue and earnings lower than expected, with same-store sales down in both the U.S. and globally.
Spirit Airlines Shares Surge on Merger Talks:
Spirit Airlines (SAVE) shares are soaring over 30% on reports of renewed merger talks with Frontier Group Holdings (ULCC). Spirit has been negotiating with bondholders, and Frontier shares are also up 6%.
Qualcomm Stock Slips Amid Licensing Dispute:
Qualcomm (QCOM) shares are down 3% following reports of a licensing dispute with Arm Holdings (ARM), which could impact Qualcomm's production of processors used in smartphones and PCs. Arm's American depositary receipts (ADRs) are also down nearly 4%.
McDonald's (MCD) shares are down 7% in premarket trading due to a fatal E. coli outbreak potentially linked to its Quarter Pounder. The CDC has reported 49 cases, including one death. McDonald's is pulling Quarter Pounders and slivered onions from menus in several states.
Tesla Stock Awaits Earnings Report:
Tesla (TSLA) shares are slightly lower as investors await its Q4 earnings report, which is expected to show increased revenue but lower profits compared to last year. Analysts forecast revenue of $25.41 billion but a profit drop to $1.68 billion.
Starbucks Stock Declines After Withdrawing 2025 Outlook:
Starbucks (SBUX) shares have fallen 4% after the company withdrew guidance for the 2025 fiscal year. Preliminary Q4 results showed revenue and earnings lower than expected, with same-store sales down in both the U.S. and globally.
Spirit Airlines Shares Surge on Merger Talks:
Spirit Airlines (SAVE) shares are soaring over 30% on reports of renewed merger talks with Frontier Group Holdings (ULCC). Spirit has been negotiating with bondholders, and Frontier shares are also up 6%.
Qualcomm Stock Slips Amid Licensing Dispute:
Qualcomm (QCOM) shares are down 3% following reports of a licensing dispute with Arm Holdings (ARM), which could impact Qualcomm's production of processors used in smartphones and PCs. Arm's American depositary receipts (ADRs) are also down nearly 4%.