Earnings

McDonald’s earnings, revenue miss estimates as consumer pullback worsens

  A McDonald's restaurant is viewed on July 22, 2024 in Burbank, California. Mario Tama | Getty Images McDonald's on Monday reported quarterly earnings and revenue that missed analysts' expectations as same-store sales declined across every division. Here's what the company reported compared with what Wall Street was expecting, based on a...

Earnings

Dexcom shares plunge more than 40% for worst day on record

Dexcom shares sank more than 40% on Friday, their steepest decline ever, after the diabetes management company reported disappointing revenue for the second quarter and offered weak guidance. The stock fell $43.85 to close at $64, wiping out more than $17 billion in market cap. Prior to Friday, the biggest...