Latest News
Microsoft's MW4 Beta Draws Mixed Reviews as Xbox Seeks Content Revival
Microsoft's Modern Warfare 4 free beta kicks off Friday amid mixed Steam reviews and a 10% drop in Xbox content revenue. The game's performance is key to Microsoft's gaming recovery.
McDonald's Global Menu Push Faces Test as Overseas Sales Growth Slows
McDonald's international sales grew 1.5% in Q2, down from 4% a year ago. The World Menu Heist campaign tests whether global menu items can drive traffic.
Visa Revocation Cap of 200,000 Set to Impact Asylum Seekers, Travel Stocks in Focus
The Trump administration may revoke up to 200,000 B1/B2 visas linked to asylum applications, a move that could affect $366 million in travel spending. Markets will watch travel stocks.
Callaway Pulls Ad After Backlash; Equipment Sales Rise 4.5%
Callaway and Good Good retract a controversial ad, but Q2 equipment sales rose 4.5% with margin expansion. Stock dips on low volume; analysts still see upside.
Whitbread to Close Beefeater Chain, Pivots to Hotels with £40M Cost
Whitbread plans to close all 106 Beefeater restaurants by September 10, taking a £40 million FY27 charge as it refocuses on its hotel business, aiming for 15-20% returns by FY31.
Target Stock Hits Record High Despite Halloween Costume Recall
Target shares rose 2.7% to an all-time high of $169.89 after the retailer removed an offensive Halloween costume, while its Q2 earnings and holiday lineup boost investor confidence.
Nike's One Piece Drop Tests Direct Sales Recovery After Digital Slide
Nike launches its One Piece-inspired Air Max Plus collection as digital sales fell 12% in Q4. The limited drop tests consumer demand amid a broader direct-channel slump.
Mortgage Rates Dip Slightly, Offering Homebuyers Marginal Relief
Mortgage rates edged down 2 basis points to 6.65%, but the savings for buyers are minimal. New-home sales data due Tuesday will provide fresh demand signals.
Strategy's 33% Rebound Faces $2B Dilution Test
Strategy sold $2.01B in new shares last week, boosting cash to $6.69B but buying no bitcoin. MSTR surged 33% since Aug 18, yet dilution tests the rally.