SURVEY How do you feel about Elon Musk's alliance with Donald Trump? Take our poll. Saudi - Delayed Quote ? SAR Alinma Bank (1150.SR) Follow Compare 28.80 -0.40 (-1.37%) At close: 3:19 PM GMT+3 Related News McDonald's Quarter Pounders linked to E. coli outbreak McDonald's (MCD) shares sank in after-hours trading Tuesday after the Centers for Disease Control and Prevention announced that 10 people are hospitalized and one has died from an E. coli outbreak, with "most sick people ... reporting eating Quarter Pounder hamburgers from McDonald’s." The release adds that "McDonald’s stopped using fresh slivered onions and quarter-pound beef patties in several states while the investigation is ongoing to identify the ingredient causing illness." Most of the illnesses have been reported in Colorado and Nebraska. Asking for a Trend Anchor Josh Lipton reports the breaking news. To watch more expert insights and analysis on the latest market action, check out more Asking for a Trend here. This post was written by Stephanie Mikulich. Yahoo Finance Video ? 16 minutes ago MCD GM earnings fuel further gains, continues to outperform Ford General Motors (GM) shares have jumped after the automaker delivered a third quarter earnings beat while raising its full-year guidance for the third time this year. The earnings-fueled gains contributed to GM stock’s 50% year-to-date climb, as other legacy automakers struggle, like Ford (F). Morningstar US autos equity strategist David Whiston joins Julie Hyman and Josh Lipton on Market Domination to break down what GM is doing differently than other automakers to support its stock growth. GM is “controlling what they can control, particularly around costs… They've been continuing to cut capacity that goes back even to pre-pandemic,” Whiston tells Yahoo Finance. “The other thing they're doing that's helping the stock is about a year ago, they announced a massive accelerated share repurchase of $10 billion. And the stock has rallied considerably from the $20 [territory] now to over $50 since then.” The strategist adds that General Motors has “kept the momentum up by delivering strong results, especially with this quarter. The 10% increase today, for example, with the stock, it's a luxury being an auto analyst to see that. Honestly, it doesn't happen very often.” GM Chief Financial Officer Paul Jacobson sat down with Yahoo Finance executive editor Brian Sozzi earlier today to talk about the automaker's third quarter results. To watch more expert insights and analysis on the latest market action, check out more Market Domination here. This post was written by Naomi Buchanan. Yahoo Finance Video ? 33 minutes ago GM F Texas Instruments posts Q3 revenue beat, misses on Q4 guidance Texas Instruments (TXN) beat third quarter estimates, posting $4.15 billion in revenue ($4.12 billion expected) and adjusted earnings of $1.47 per share ($1.37 expected). The Dallas-based semiconductor manufacturer missed estimates for fourth quarter revenue guidance. Market Domination Overtime hosts Julie Hyman and Josh Lipton dissect TXN's earnings figures. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here. This post was written by Luke Carberry Mogan. Yahoo Finance Video ? 58 minutes ago TXN Commentary: The Trump trade is getting wild Trading activity in Donald Trump's media company provides intriguing clues about how investors expect the presidential election to unfold. Yahoo Finance ? 1 hour ago DJT DJTWW DJT stock surges to highest level since July as bets rise on Trump election odds Trump Media & Technology Group stock hit its highest level since July, adding to its recent rally. Yahoo Finance ? 3 hours ago DJT DJTWW GE Aerospace stock sell-off is 'overcharged': Portfolio mgr. GE Aerospace (GE) exceeded third quarter earnings expectations and raised its full-year profit outlook, driven by robust demand. Despite these positive results, the stock has retreated. Gabelli Funds Aerospace and Defense ETF (GCAD) portfolio manager Tony Bancroft joins Catalysts to discuss. Bancroft explains that the sell-off stems from a combination of profit-taking and investors being "overcharged on selling. " He emphasizes that the company maintains "a great backlog" and continues to benefit from strong secular tailwinds. However, he notes that production remains "capacity constrained" due to Boeing's (BA) ongoing challenges and the current labor strike. "I think the big picture is that GE's a great company," Bancroft states, expressing confidence in their long-term potential to outperform. However, he cautions that in the near term, much of their momentum depends on Boeing, whose union vote results for the new contract will release Wednesday. To watch more expert insights and analysis on the latest market action, check out more Catalysts here. This post was written by Angel Smith Yahoo Finance Video ? 4 hours ago GE GM's Q3 beat 'a testament' to our product portfolio: CFO General Motors (GM) reported third quarter earnings, topping Wall Street estimates on the top and bottom lines. Revenue reached $48.76 billion, beating estimates of $44.69 billion per Bloomberg consensus. Adjusted earnings per share came in at $2.96, surpassing the $2.43 that was expected. The automaker also raised its full-year outlook for the third time this year. General Motors CFO Paul Jacobson joins Yahoo Finance Executive Editor Brian Sozzi to dive into the results. Jacobson emphasizes that GM's strong earnings are "a testament to the product portfolio." He points out that the company is successfully producing vehicles that resonate with customers and is gaining market share while maintaining higher pricing discipline than competitors — a strategy that has remained "a consistent theme" throughout 2024. "Our primary focus remains keeping the customer at the front and center of everything we do," Jacobson explains, noting that while consumer demand has remained robust, affordability challenges persist due to inflation. However, with the Federal Reserve expected to continue in its rate-cutting cycle, he expects "that to create some momentum for us as we head into 2025." Jacobson highlights the company's diverse product range: "When you look at our portfolio, we have everything from the Cadillac Escalade to the new Corvette ZR1." He explains that this range of vehicles ensures affordability across various income levels and consumer segments: "The team is really taking to heart driving efficiency while still building a quality portfolio across all price ranges for our customers, and that's really paying off for us." Regarding General Motors' inventory management, Jacobson outlines the automaker's target of maintaining between 50 and 60 days of vehicle supply by the end of 2024. With the fourth quarter traditionally being "a peak selling season," he explains that production must be scaled accordingly to meet anticipated demand. As Jacobson puts it, the goal is "getting the right vehicles to the right dealers and into the hands of the right customers at the right time." However, he adds, "What we don't want to do is overproduce just to hit some production efficiencies and then end up with a significant amount of inventory that's difficult to move. So pacing ourselves with the customer and keeping the customer front and center is what's critically important for our success." To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Angel Smith Yahoo Finance Video ? 6 hours ago GM 3M stock pops after raising full-year profit outlook Industrial giant 3M (MMM) provided an optimistic outlook on Tuesday, raising the lower end of its full-year profit guidance. The company reported better-than-expected quarterly earnings, with operating margins growing 23% year over year — sending the stock higher. Yahoo Finance Anchors Madison Mills and Seana Smith break down the details. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Angel Smith Yahoo Finance Video ? 7 hours ago MMM The case for a 'Magnificent 7' resurgence: Morning Brief While a broadening of the stock market rally has led the S&P 500 toward record highs, further earnings dominance could favor the Magnificent Seven tech stocks into the end of the year. Yahoo Finance ? 11 hours ago NVDA AAPL TSLA McDonald's Plunges After CDC Links E. Coli Outbreak To Quarter Pounders The CDC linked an E. coli outbreak to McDonald's Quarter Pounder burgers. McDonald's stock plunged. Investor's Business Daily ? 5 minutes ago CMG MCD SBUX Texas Instruments Says It’s Nearing Recovery After Sales Slump (Bloomberg) -- Texas Instruments Inc. Chief Executive Officer Haviv Ilan said that customers are working through excess inventory and the timing is right for an order recovery following eight straight quarters of revenue declines. Most Read from BloombergClimate Change Is Killing Buildings in Slow MotionHow Kyiv Became a Leader in Digital Services Amid Wartime StrainTransportation Policy Gets Left Behind in Presidential RaceDhaka's Revolutionary Makeover Pits Visions of Peace Against VengeanceDr Bloomberg ? 20 minutes ago TXN Deadly E. coli outbreak linked to McDonald's Quarter Pounders sickens 49 people in 10 states E. coli food poisoning linked to McDonald’s Quarter Pounder hamburgers has sickened at least 49 people in 10 states, including one person who died and 10 who were hospitalized, federal health officials said Tuesday. The death was reported in an older person in Colorado, and one child has been hospitalized with severe kidney complications, the U.S. Centers for Disease Control and Prevention reported. Infections were reported between Sept. 27 and Oct. 11, in Colorado, Iowa, Kansas, Missouri, Montana, Nebraska, Oregon, Utah, Wyoming and Wisconsin. Associated Press Finance ? 26 minutes ago MCD Jim Cramer Thinks General Motors Company (GM) ‘Is A Bargain’ We recently compiled a list of the Jim Cramer’s Game Plan: 23 Stocks to Watch. In this article, we are going to take a look at where General Motors Company (NYSE:GM) stands against the other stocks to watch according to Jim Cramer. As Wall Street dives into the heart of earnings season, Jim Cramer has provided […] Insider Monkey ? 27 minutes ago GM Microsoft Stock Up 2%, Rallies Off This Key Technical Level; Why It's A Buy Now Enterprise software juggernaut Microsoft, like most tech stocks, had started September on the wrong foot. In fact, the last time shares in Microsoft stock vigorously exchanged hands came on Sept. 20, or the triple-witching session in which weekly and monthly stock and index options expired. By day's end, Microsoft kept most of its strong gain, up 2.1% to 427.51. Investor's Business Daily ? 29 minutes ago MSFT McDonald’s Quarter Pounders Linked to Deadly E. Coli Outbreak At least one person has died and 49 were sickened in connection with the outbreak, according to the CDC. The stock was down more than 9% after hours. The Wall Street Journal ? 29 minutes ago MCD McDonald’s slump as CDC says E. coli outbreak linked to burgers led to one death Investing.com -- McDonald’s fell in afterhours trading Tuesday after the Centers for Disease Control and Prevention said an E. coli outbreak linked to the McDonald’s quarter pounders burgers has led one death and 10 hospitalizations across multiple states. Investing.com ? 29 minutes ago MCD Canadian National Railway Posts Higher Revenue, Lower Profit Adjusted earnings edged out forecasts as railroad’s CEO said operations recovered quickly from challenges, such as wildfires and labor issues. The Wall Street Journal ? 38 minutes ago CNI Philip Morris International Stock Surges to Record Philip Morris International reported record revenue and earnings and said the shortage of its Zyn nicotine pouches was easing. The stock rose 10.5%, its biggest gain since 2008, and closed at an all-time high. The Wall Street Journal ? 39 minutes ago PM Seagate Stock Falls Despite Earnings Ahead Of Views Seagate stock fell late Tuesday, despite the data storage company's fiscal first quarter earnings and sales beating views. Investor's Business Daily ? 41 minutes ago STX Joby Welcomes Publication of New Operating Regulations by FAA SANTA CRUZ, Calif., October 22, 2024--Joby Aviation, Inc. (NYSE:JOBY), a company developing electric air taxis for commercial passenger service, today welcomed the release of new rules designed to enable the operation of Joby’s revolutionary aircraft in the United States. Business Wire ? 44 minutes ago JOBY Performance Overview Trailing total returns as of 10/22/2024, which may include dividends or other distributions. Benchmark is Tadawul All Shares Index Return 1150.SR Tadawul All Shares Index YTD -5.61% +0.21% 1-Year +13.86% +12.22% 3-Year +52.34% +0.15%
