Sony, TSMC Eye $6.3 Billion Japan Chip Venture for Next-Gen Image Sensors 
OpenAI Restricts Astra AI Over Cyberattack Risks 
Western Digital Q4 Earnings Beat Estimates as FY2027 Outlook Tops Expectations 
Airbnb Stock Jumps After Q2 Earnings Beat, Strong 2026 Outlook 
Meta Ordered to Pay $567M Over Child Safety Violations in New Mexico 
SanDisk Q4 Earnings Beat Estimates as Q1 Revenue Outlook Meets Expectations 
Delta Flight Makes Emergency Landing in Atlanta After Cockpit Fumes Reported 
SK Hynix, Samsung Lead Asian Chip Stock Selloff After Sandisk, Western Digital Outlook 
Treasury Wine Estates Shares Jump as U.S. Overhaul Lifts FY2026 Outlook 
Qantas Shares Climb as Long-Haul Pilot Deal Eases Strike Concerns 
Nvidia to Invest Up to $3 Billion in Blackstone-Backed Lancium 
DBS Raises 2025 Outlook After Record Q2 Profit Driven by Wealth Management 
UOB Q2 Net Profit Rises 10% as Wealth Management Growth Boosts Earnings 
Berkshire Hathaway Cash Falls as Abel Boosts Stock Buybacks 
Glencore Posts Strong H1 2026 Earnings, Announces ASX Secondary Listing 
Daimler Truck Q2 Profit Falls 18%, 2026 Outlook Raised 
Mercedes-Benz Stock Offers Deep-Value Potential as Citi Sees Recovery Catalysts 
McDonald’s CEO Steve Easterbrook is surely beloved by the restaurant chain’s investors now.
Reuters reports that the company has posted significant increase in its net income by USD1.3 billion or USD1.40 per share in the third quarter ended Sept. 30. In the same quarter last year, McDonald’s generated only USD1.07 billion or USD1.09 per share. McDonald’s recorded a 4 percent increase in global comparable sales, which is the first in more than 12 months, surpassing analysts’ expectations of 1.9 percent.
Media sites, including Bloomberg, credits the strategies spearheaded by Easterbrook since his assumption to the CEO role in March. After taking the helm, McDonald’s has simplified its restaurant menu, raised wages to improve customer service, and has been working on initiatives to improve health and nutrition in their food.
"The return to positive same-store sales across all of the operating segments is huge progress for their turnaround plan," Jennifer Bartashus, an analyst said at Bloomberg Intelligence.
