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McDonald's Posts , Disappointing Q1 Results , Amid Ongoing Boycotts.<br/>'The Independent' reports that McDonald's posted weaker-<br/>than-expected results in the first quarter of 2024, as a result <br/>of a boycott over the company's perceived support for Israel. .<br/>'The Independent' reports that McDonald's posted weaker-<br/>than-expected results in the first quarter of 2024, as a result <br/>of a boycott over the company's perceived support for Israel. .<br/>According to McDonald's, higher sales in the <br/>United States helped the fast-food giant overcome <br/>weakness in markets where the brand is being boycotted.<br/>According to McDonald's, higher sales in the <br/>United States helped the fast-food giant overcome <br/>weakness in markets where the brand is being boycotted.<br/>The company saw same-store sales rise by <br/>1.9% worldwide between January and March, <br/>below the Wall Street forecast of 2.1%.<br/>Increased menu pricing and delivery demand <br/>saw same-store sales in the U.S. increase by 2.5%.<br/>In international markets, sales fell <br/>by 0.2% for the first time since 2020.<br/>Despite this, McDonald's said the company's revenue <br/>increased 5% to reach $6.17 billion, while net income went <br/>up 7% to $1.93 billion, in-line with Wall Street estimates.<br/>'The Independent' reports that Muslim-majority <br/>markets like Indonesia, Malaysia and the Middle East <br/>have been boycotting McDonald's for months.<br/>The boycotts started after a McDonald's franchise in <br/>Israel announced in October that it would provide free <br/>meals for Israeli troops amid the ongoing war in Gaza.<br/>In the months since then, the company has tried to limit <br/>the fallout by taking over all 225 McDonald's in the country <br/>with the purchase of Alyonal Limited, its Israeli franchise.<br/>Our hearts remain with <br/>the communities and families <br/>impacted by the war in the Middle East. <br/>We abhor violence of any kind and <br/>firmly stand against hate speech, <br/>and we will always proudly <br/>open our doors to everyone, McDonald's statement, via 'The Indepndent'.<br/>Our hearts remain with <br/>the communities and families <br/>impacted by the war in the Middle East. <br/>We abhor violence of any kind and <br/>firmly stand against hate speech, <br/>and we will always proudly <br/>open our doors to everyone, McDonald's statement, via 'The Indepndent'
⏲ 1:30 👁 1.7M
Retailers have announced price cuts on thousands of products in recent weeks in an effort to entice consumers to spend more. Inflation has pushed prices 20-30% higher than a year ago while incomes have failed to keep up. Discretionary spending on non-essential items has slowed, so retailers are hoping price cuts will convince consumers to purchase more optional items. Overall retail sales in March rose only 0.7% month-over-month, a slower pace than in February. Consumer spending, which drives two-thirds of the US economy, has weakened as higher prices cut into household budgets.
⏲ 0:43 👁 170K
Coinbase reported revenue of more than $1.6 billion for the first quarter, beating analyst estimates. Net income was over $1.1 billion, compared to a loss in the prior year. Transaction revenue nearly tripled year-over-year to over $1 billion, driven by a surge in cryptocurrency trading amid the bitcoin rally. New Bitcoin highs and Ethereum's network upgrade drove increased demand for Coinbase's trading platform. Institutional investment in crypto also grew. Four Coinbase executives collectively sold over $380 million in company stock during the quarter, more than double the prior quarter's sales.
⏲ 0:39 👁 710K
In a sales video, this young woman and her friend showcased a horse in a rather unconventional manner.<br/><br/>The girl, eager to demonstrate the horse's ease of riding, decided to mount the horse backwards, facing its hindquarters.<br/><br/>She skillfully balanced herself in this amusing position, aiming to turn around to face the horse's front.<br/><br/>However, just as she attempted this daring maneuver, she lost her balance and tumbled off the horse.<br/><br/>This unexpected mishap sent both the girl and her friend into fits of laughter, turning what was meant to be a serious presentation into a delightful and comical moment.<br/>Location: Telford, United Kingdom<br/>WooGlobe Ref : WGA895761<br/>For licensing and to use this video, please email licensing@wooglobe.com
⏲ 0:28 👁 2.1M
Samsung Electronics' forecast is optimistic due to the AI market. The company plans to increase the supply of high-end memory chips to meet the growing demand. Samsung reported a significant increase in first-quarter operating profit, driven by a strong rebound in memory chips. Samsung's mobile devices business regained its position as the world's top smartphone vendor, with AI functions driving sales of its flagship Galaxy S24 smartphones.
⏲ 0:30 👁 950K
Apple's iPhone sales have plummeted 16% in the first three months of 2024, starting the year on a bad note for the Tim Cook-led company.<br/><br/>What Happened: Apple's iPhone shipments fell by a staggering 9.3 million units, from 58 million in Q1 2023 to 48.7 million in Q1 2024, according to market research firm, Canalys.
⏲ 0:47 👁 310K
Volkswagen is driving forward its major product offensive in the mid-sized class with pre-sales of the new ID.7 Tourer. Following the new ID.7 fastback saloon, new Passat and new Tiguan, the first all-electric Volkswagen estate-car is already the fourth new mid-sized model in just a few months. The business and leisure all-rounder can now be configured and ordered at prices starting at 54,795 euros. As one of just a few manufacturers, Volkswagen is present on the European market with three estate models in the important upper mid-sized class: the sporty Arteon Shooting Brake, the completely newly developed Passat Variant and the ID.7 Tourer. With this model range, Volkswagen offers all relevant drive types in the mid-sized class and thus a particularly large choice for customers.
⏲ 1:18 👁 2.2M
Apple's second-quarter results revealed better-than-expected sales and profits, boosting its shares by approximately 6% in pre-market trading on Friday. iPhone sales declined 10% year-over-year, better than feared, while Apple's Greater China revenue fell 8% but was above estimates. Earnings per share also topped estimates. Apple authorized an additional $110 billion for share repurchases and increased its dividend. Apple is dealing with slowing China sales and competition but saw growth there. Apple is gearing up new software and \
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The unconventional challenger brand unveiled the new CUPRA Formentor and CUPRA Leon, redesigned and enhanced to continue the success story.<br/><br/>The new CUPRA Formentor arrives to build on the great success the Crossover SUV has already achieved. The CUPRA Formentor is the company’s bestseller and becoming an icon of the brand. In a competitive A-CUV market, it topped the sales charts with 120,100 deliveries worldwide last year.Strong results for the first vehicle uniquely designed and developed for the brand.<br/><br/>The new CUPRA Leon delivers a strong character in both 5-door hatchback and Sportstourer variants at a time when the brand hits a new milestone.<br/><br/>n the first quarter of 2024, CUPRA delivered 56,600 cars, an increase of 21.4% vs Q1 2023, while March was the brand’s all-time record month with 23,800 deliveries.
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Carvana shares soared over 30% in after-hours trading after reporting first-quarter revenue of more than a billion, beating analyst estimates. The company forecast a sequential rise in adjusted core profit and retail unit sales growth, surprising analysts who expected a sales decline. Adjusted earnings before interest, tax, depreciation, and amortization were more than $200 million, exceeding estimates. Carvana's inventory of unsold used vehicles on dealer lots rose 9% from a year ago. High interest rates have pushed some consumers to the used car market for better deals than new vehicles.
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Walmart is launching a new grocery private label brand called BetterGoods focused on trend-driven, chef-inspired foods priced mostly under $5. Walmart's grocery sales rose nearly 7% last fiscal year, making it the largest U.S. grocer by revenue. BetterGoods will feature items in categories like frozen foods, dairy, and snacks across culinary, plant-based, and certain-ingredient lines. It joins Walmart's existing Great Value brand, the largest grocery private label brand by revenue. The launch aims to retain inflation-driven grocery shoppers and fend off competitors emphasizing private labels like Aldi, Lidl and Trader Joe's.
⏲ 0:40 👁 250K
In this video, we're taking a deep dive into the fighter payouts from the recent UFC 301 event. We'll break down the promotional guidelines compliance pay structure and reveal the actual amounts received by each fighter on the card. <br/><br/>From the main event title fight to the early preliminary bouts, we'll analyze the pay disparities and discuss the factors that influence fighter compensation in the world's leading MMA promotion. <br/><br/>This video offers a rare glimpse into the financial side of professional fighting, providing valuable insights for fans, analysts, and anyone interested in the business of the UFC.<br/><br/>Fighters from Saturday’s UFC 301 event received a total of $280,000 in UFC Promotional Guidelines Compliance pay.<br/><br/>This program, which encompasses various requirements such as outfitting, media commitments, and adhering to the fighter code of conduct, has replaced the previous system of payments outlined in the UFC Athlete Outfitting Policy.<br/><br/>UFC 301 was hosted at Rio Arena, with the main card broadcasted on pay-per-view and prelims airing on ESPN2 and ESPN+.<br/><br/>The breakdown of UFC 301 UFC Promotional Guidelines Compliance payouts is as follows:<br/><br/>- Alexandre Pantoja: $42,000 (won against Steve Erceg who received $32,000)<br/>- Jose Aldo: $21,000 (victorious over Jonathan Martinez who earned $11,000)<br/>- Anthony Smith: $21,000 (defeated Vitor Petrino who received $4,500)<br/>- Michel Pereira: $11,000 (won against Ihor Potieria who earned $6,000)<br/>- Caio Borralho: $6,000 (victorious over Paul Craig who received $16,000)<br/>- Joanderson Brito: $6,000 (won against Jack Shore who earned $6,000)<br/>- Iasmin Lucindo: $4,500 (defeated Karolina Kowalkiewicz who received $16,000)<br/>- Myktybek Orolbai: $4,000 (victorious over Elves Brener who earned $4,500)<br/>- Drakkar Klose: $11,000 (defeated Joaquim Silva who received $11,000)<br/>- Mauricio Ruffy: $4,000 (won against Jamie Mullarkey who earned $11,000)<br/>- Dione Barbosa: $4,000 (victorious over Ernesta Kareckaite who received $4,000)<br/>- Ismael Bonfim: $4,000 (won against Vinc Pichel who earned $11,000)<br/>- Alessandro Costa: $4,500 (defeated Kevin Borjas who received $4,000)<br/><br/>The payout tiers of the UFC Promotional Guidelines Compliance program are determined based on the fighters' total number of UFC bouts, including Zuffa-era WEC fights (from January 2007 onwards) and Zuffa-era Strikeforce bouts (from April 2011 onwards). The payment tiers are as follows: <br/>- 1-3 bouts: $4,000 per appearance<br/>- 4-5 bouts: $4,500 per appearance<br/>- 6-10 bouts: $6,000 per appearance<br/>- 11-15 bouts: $11,000 per appearance<br/>- 16-20 bouts: $16,000 per appearance<br/>- 21 bouts and more: $21,000 per appearance<br/>Champions earn $42,000, while title challengers receive $32,000.<br/><br/>In addition to the experience-based pay, UFC fighters are entitled to receive royalty payments amounting to 20-30 percent of any UFC merchandise sales featuring their likeness, according to officials.<br/><br/>The full 2024 UFC Promotional Guidelines Compliance payouts include:<br/><br/>- \
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