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Amazon.com's top lawyer on Tuesday previewed the broad outlines of the company's possible defense against the U.S. Federal Trade Commission's antitrust lawsuit against the retailer, at a private companywide meeting.

U.S. stocks rose on Tuesday, with the S&P 500 and Nasdaq notching their longest streak of gains in two years, as a retreat in U.S. Treasury yields buoyed megacap growth stocks while investors sought more clarity on interest rates from the Federal Reserve.

Rivian Automotive reported better-than-expected third-quarter revenue on Tuesday and raised its production forecast for the full year by 2,000 vehicles to 54,000 units.

Rivian Automotive reported better-than-expected third-quarter revenue on Tuesday and raised its production forecast for the full year by 2,000 vehicles to 54,000 units.

Wall Street's main indexes climbed on Tuesday following a choppy start to the session as falling U.S. Treasury yields supported megacap growth stocks, while investors awaited more commentary by Federal Reserve officials to gauge the interest rate path.

The Walt Disney Company’s DIS fourth-quarter fiscal 2023 results, set to be reported on Nov 8, are expected to reflect a declining Disney+ subscriber base amid intensifying competition.Per a recent JustWatch report, Disney+ had a

Below is Validea's guru fundamental report for AMAZON.COM INC (AMZN). Of the 22 guru strategies we follow, AMZN rates highest using our P/B Growth Investor model based on the published strategy of Partha Mohanram. This growth model looks for low book-to-market stocks that exhibi

Warren Buffett holds a lot of great stocks in his portfolio for Berkshire Hathaway.

It is not surprising that before an earnings season, every investor looks for stocks that can beat market expectations. This is because investors always try to position themselves ahead of time and look to tap stocks that are high

The American consumer is the heartbeat of the U.S. economy. Consumer spending contributes about two-thirds of the country's gross domestic product (GDP). So it's a great idea to look at consumers and the brands they transact with regularly for potential investment ideas.

One of the most anticipated earnings reports for tech companies was just released by the secretive data analytics and artificial intelligence (AI) specialist Palantir Technologies (NYSE: PLTR). Palantir is primarily known for its close ties to the U.S. military and its Western al

Warren Buffett has been at the helm of the Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) investment company since 1965. He has steered the conglomerate to an average annual return of 19.8% during that 58-year stretch, double the return of the S&P 500 index over the same perio

Artificial intelligence (AI) has been around for years, but recent advances have made the technology more powerful and more compelling than ever, spotlighting its revolutionary potential. Indeed, some experts are calling AI the fourth industrial revolution.

More than 1,000 workers at an Amazon warehouse in central England were striking on Tuesday as part of a long-running dispute over pay, the GMB trade union said.

The NASDAQ 100 After Hours Indicator is down -12.1 to 15,142.83. The total After hours volume is currently 118,057,631 shares traded.The following are the most active stocks for the after hours session: iShares Short Treasury Bond ETF (SHV) is +0.0001 at $110.14, with 9,470,011

In response to a more (perceived) “Dovish” Fed, stronger-than-anticipated earnings results, and no further geopolitical escalations, bulls have regained their mojo thus far in November. However, the big question on investors’ mind

About the most unsurprising earnings beat around, fast-food icon McDonald’s ( NYSE:MCD ) basically confirmed the reality of the shifting economic landscape. Consumers are becoming more frugal about their spending while still keeping a few bucks in their pockets for discretionary pleasures. That suits McDonald's well, as it aims to benefit from the "trade-down effect". I am bullish on MCD stock. Q3 Print is a Major Validation of MCD Stock On the day before Halloween, McDonald’s disclosed its results for the third quarter of Fiscal Year 2023. Far from a horror show, however, the fast-food giant delivered an impressive print. While the stirring data bolstered sentiment in MCD stock, it, more importantly, offered fundamental validation for the underlying business. Specifically, TipRanks reporter Shrilekha Pethe noted that earnings per share landed at $3.19, representing a robust lift of 19% on a year-over-year basis. As well, the figure beat analysts’ consensus target of $3 per share. On the top line, McDonald’s generated sales of $6.7 billion, an increase of 14% against the year-ago quarter. This exceeded analysts’ expectations, which called for $6.6 billion. And on a global level, the company’s comparable sales increased by 8.8% in Q3. If that wasn’t enough, the holidays came early for stakeholders of MCD stock. Management hiked its quarterly cash dividend by 10% to $1.67 per share, per Pethe’s report. “With global Systemwide sales growth of 11%, our third quarter results reflect our position of strength as the industry leader,” remarked McDonald’s President and CEO  Chris Kempczinski. Fundamentally, McDonald’s validated the relevance of its core business -- providing nutritional sustenance conveniently and cheaply -- during times of uncertainty. Sure enough, the narrative appears very promising. In Q2 of this year, McDonald’s also posted impressive sales. Back then, total revenue increased by 13.6% to $6.5 billion. In other words, even with the pressure of high inflation and high borrowing costs crimping consumer sentiment, people are still opening their wallets for McDonald’s. For stakeholders of MCD stock, it doesn’t get much better than this -- except that outside factors indicate possibly more upside ahead for one of the symbols of American capitalism. McDonald’s Potentially Poised to Rise on Compelling Catalysts While it’s anyone’s guess how long McDonald’s can continue delivering outstanding earnings performances, the company should be able to ride the trade-down effect -- meaning that as consumers feel the sting of various financial pressures, they’ll shift to cheaper products and services. Frankly, it doesn’t get much cheaper than Mickey D’s. In addition, investors should stick with MCD stock for two compelling catalysts. First, more companies are starting to get aggressive with their return-to-office (RTO) mandates. As TipRanks contributor Steve Anderson mentioned, Amazon ( NASDAQ:AMZN ) represents one of the leaders in this pushback for normalcy. However, other major publicly-traded corporations have also cracked the whip, including a demand for four days in the office instead of the usual three. At some point, this number will likely go to five. Why? As multiple sources such as Harvard Business Review indicate, corporate managers have difficulty trusting remote employees. Therefore, as companies recall more worker bees, fast-food breakfast sales should increase as people buy breakfast before work. Indeed, CNBC reported that while overall restaurant traffic has been declining, restaurant breakfast sales have been holding steady for that exact reason. With McDonald’s offering cheap breakfast, MCD stock could march higher. Second, while many consumers are still prioritizing “funflation”-related expenditures – that is, one-off events such as attending Taylor Swift concerts – at some point, the euphoria will decline. When it does, consumers will be incentivized to consider monitoring their budget more vigorously. Under this circumstance, MCD stock may become a clear winner. The underlying company offers the many conveniences of fast food while being relatively budget-friendly. Thus, McDonald’s is much more than just a play on its Q3 report. Is McDonald’s Stock a Buy, According to Analysts? Turning to Wall Street, MCD stock has a Strong Buy consensus rating based on 22 buys, five Holds, and zero Sell ratings. The average MCD stock price target is $310.42, implying 15.5% upside potential. The Takeaway While many companies fear a diminishing of consumer sentiment, in many ways, McDonald’s is counterintuitively benefiting from the negative backdrop. As one of the cheapest providers of fast food, the company should enjoy the winds of the trade-down effect. Also, outside factors such as RTO mandates could bolster breakfast sales, which would favor MCD stock. Disclosure

The Q3 earnings season for FAANG stocks is now over. Here are the hits and misses from the earnings reports, plus which mega-cap tech stocks look like the best stocks to buy in Q4.

The technology sector stands as a cornerstone of modern innovation, encompassing an expansive array of companies. These organizations specialize in various fields, such as software development, semiconductor manufacturing, and cloud computing services. They are pivotal in shaping

Dish Network posted a surprise loss for the third quarter as pay TV subscriptions dropped more than expected in the face of tough competition from streaming services, sending its shares down nearly 15% on Monday.