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International Markets

All articles tagged with #international markets

business5 months ago

McDonald's Sales Surge Driven by Promotions and Value Offerings

McDonald's sales rebounded with a 3.8% increase in global same-store sales, driven by promotions like the return of McCrispy chicken strips and a Minecraft movie tie-in, despite recent economic challenges affecting consumer spending. International sales remain strong, accounting for nearly 60% of revenue, with notable growth in Japan and other markets.

entertainment1 year ago

"Despicable Me Franchise Hits $5 Billion Milestone"

"Despicable Me 4" topped the international box office with $88 million, bringing its global total to $437.8 million and helping the franchise surpass $5 billion. "Inside Out 2" also performed well, earning $50.2 million internationally and becoming the fifth highest-grossing animated film of all time. Warner Bros.' "Twisters" and Paramount's "A Quiet Place: Day One" also saw significant earnings in various markets.

international-markets1 year ago

OPEC Extends Oil Cuts, Nvidia Unveils New Chip

OPEC+ extends crude production cuts into 2025, while Saudi Aramco plans a $12 billion share sale. Nvidia unveils its new AI chip, Rubin, set for a 2026 release. The Dow Jones Industrial Average posts its best day in 2024, driven by cooling inflation. Bill Ackman aims to raise $1 billion by selling a 10% stake in Pershing Square. Moderna receives FDA approval for its RSV vaccine for people over 60.

business1 year ago

Beyond Meat's Stock Surges 80% on Strong Revenue and Cost-Cutting Plans

Beyond Meat exceeded fourth-quarter revenue estimates due to strong demand for its plant-based meat products outside the United States, leading to an 80% surge in its shares. The company plans to implement significant cost-cutting measures in 2024 to address weak demand in the U.S., including reducing operating expenses and cash use. Despite a 7.8% decline in net revenue for the fourth quarter, Beyond Meat's international markets, particularly in Europe, have sustained demand for its products. The company's full-year net revenue forecast fell below market expectations, and it reported a larger-than-expected loss per share for the quarter.

business1 year ago

Airbnb's Revenue Beats Expectations Despite Moderating Demand

Airbnb reported a strong end to 2023 but expects demand to moderate in the current quarter, causing its shares to fall in late trading. Despite surpassing revenue estimates for the fourth quarter, the company anticipates a slowdown in the number of nights and experiences booked compared to the previous quarter due to a particularly strong growth rate a year ago. CEO Brian Chesky is optimistic about international growth opportunities and plans to expand beyond the core business, focusing on personalized travel recommendations and better user experience for hosts. The company also announced a new share repurchase program to buy back as much as $6 billion of its stock.

businesstech1 year ago

Pinterest's Stock Slides Amid New Ad Deal with Google

Pinterest announces a new ad partnership with Google as it approaches 500 million monthly active users, aiming to boost ad revenue, particularly in international markets. Despite Q4 2023 earnings falling below analyst expectations, the stock rebounded after the announcement. CEO Bill Ready highlighted the potential of the Google deal to increase revenue per user in international markets and discussed the company's efforts to grow user engagement through AI-driven features and new formats.

film-industry2 years ago

"The Exorcist: Believer" Fails to Possess Box Office Success

The Exorcist: Believer, the reboot/sequel directed by David Gordon Green, opened to a global box office of $45.1 million, with a $17.9 million international debut. The film performed well in markets like Mexico, the UK, and Italy, but received mixed reviews. Meanwhile, Paw Patrol: The Mighty Movie continued its solid performance with an additional $14 million from overseas markets, bringing its global total to $87.1 million. Warner Bros celebrated surpassing $2 billion at the international box office for the year.

economy2 years ago

"San Diego Braces for Skyrocketing Gas Prices, Expected to Surpass $6 Mark"

Gas prices in San Diego County have surged, increasing nearly 60 cents per gallon in the past month. Factors contributing to the rise include decreased worldwide petroleum supply, aging US refineries leading to decreased production of refined goods, and the depletion of the strategic petroleum reserve. The national average price also rose, but lower demand has tempered the increase.