SoundHound soars after 'strong' Q2, outlook sees largely positive views from analysts Shares of SoundHound (NASDAQ:SOUN) surged about 24% premarket on Friday after second quarter results beat estimates and the company raised its outlook, drawing largely positive views from Wall Street analysts. Take Two Getting a lift off earn. FLUT good numbers. FLUT is up 13% past 6 months kind of churning but Van did recommend it. PT upgrades today, mild sell off.
The New McDonalds burger will have Big arch sauce. This is ONLY in Europe now! One particular burger that's been tested in countries like Portugal and Canada is called the Big Arch. It's a hefty boy comprised of two quarter-pound patties, three slices of white cheese, a double attack of crispy and fresh slivered onions, pickles, lettuce, and a new Big Arch sauce served on a sesame and poppyseed bun. The experimental product is clearly set up to feed those who want more than just a Big Mac. The Big Arch sauce is what holds the proverbial room together. Though it might be easy to assume it's just Big Mac sauce, it's not. It's a formulation all its own, which makes it worth looking at a little more closely. Its ingredient list, based off of McDonald's Canada's website, include "Soybean oil and/or canola oil, Tomato concentrate, Water, Sugars (sugar/glucose-fructose, sugar), Vinegar, Liquid egg yolk, Salt, Mustard seed, Spices, Onion powder, Modified corn starch, Natural flavours, Garlic powder, Turmeric, Yeast, Xanthan gum, Propylene glycol alginate, Yeast extract, Extractives of turmeric." Right off the bat, I can see one big thing that makes it different from Big Mac sauce, and that's the inclusion of tomato. That's a key component you won't find in Big Mac sauce, despite what some might already believe. But there's slightly more to it than that. Big Mac sauce is flavored with mustard, not ketchup One misconception that people have about Big Mac sauce is that it's a straight dupe of Thousand Island dressing (not to be confused with Russian dressing), but it's not. Thousand Island dressing can have some slight variations to it, but its base is a mix of mayonnaise and ketchup along with some pickle relish. A Thousand Island-style dressing is what some burger joints label as their "secret sauce," but it's not what McDonald's uses for its Big Mac. Big Mac sauce is indeed a mayo-based dressing, but it gets its sharp flavor from mustard and vinegar instead. This info comes straight from McDonald's former corporate chef. That slightly orange coloration is from the simple addition of things like extractives of paprika and turmeric, which add color to the finished product. That's why the Big Arch's mayo and tomato-based sauce stands out as a more standard secret burger sauce, with the exception that it doesn't contain pickle relish in it. As to whether or not the Big Arch is coming stateside, that's a whole different story. McDonald's has suggested it could make an appearance in new markets, but never quite mentioned the United States by name. Again, considering the chain is hyper-focused on chicken right now (with the McCrispy strips and Snack Wraps sure to follow soon), the beef might have taken a backseat for a while. But if we do get our hands on it, we already have an idea of how that Big Arch sauce is going to taste — likely creamy, tangy, savory, and sweet.
The decentralized nature of MCD takes a lot of cost out of the home parent but it does let the local owners set the prices to a certain extent. Franchisees are the ones who set prices. And their costs vary considerably. Some states only require the federal minimum wage of $7.25 an hour, for instance, while in California fast-food chain restaurants must pay a minimum of $20. Some cities’ minimums are even higher. Other costs vary, too, such as real estate. The company’s answer: Fix its menu prices. McDonald’s executives on Wednesday said they are working with franchisees to address the prices for its core menu items across the system. That could mean more nationwide price points similar to the $2.99 franchisees are charging for Snack Wraps or $5 bundled offers on the McValue menu. Executives on Wednesday told analysts that traffic to quick-service restaurants—not just McDonald’s—is down in the double digits this year, even as traffic from middle-income consumers has recovered and higher-income diners keep visiting, period. Fast-food restaurants depend heavily on lower-income consumers who are concerned about the stability of the job market and whose real wages remain depressed due to inflation. “Real incomes are down with the low-income consumer. That is absolutely going to put pressure on visits in the QSR industry,” Kempczinski said. “Second thing is there’s a lot of anxiety and unease with that low-income consumer.” Those consumers as a result are skipping breakfast—the daypart under the most pressure—or they’re buying cheaper items or they’re just not eating out.
-U.S. investors divested riskier equity funds and significantly invested in the safety of money market funds in the week through August 6, spooked by President Donald Trump's new trade tariffs and discouraging economic readings. They pulled out a net $13.7 billion from U.S. equity funds in their largest weekly sales since June 25 while channeling a net $78.85 billion - the largest amount since December 4 - into money market funds, LSEG Lipper data showed.
Well this is sweet. GBA has but 1 short. Trade Desk tumbles after CEO warns of tariff impact on large brand advertisers Trade Desk (TTD) stock fell by a third during premarket trading on Friday — putting it on track to wipe roughly $12 billion from its market cap — after CEO Jeff Green warned that tariff uncertainty began to weigh on some leading global advertisers.
NasdaqGM - Nasdaq Real Time Price•USD The Trade Desk, Inc.(TTD) 88.33 -1.25 (-1.40%) At close: August 7 at 4:00:01 PM EDT 58.04 -30.29 (-34.29%)<--------------------- Pre-Market: 9:20:06 AM EDT
A US move to put tariffs on imports of gold bars is unleashing fresh turmoil in the bullion market, with prices spiking in New York as dealers brace for a major reordering of global trade flows.
(Bloomberg) -- Copper is set for a weekly increase as traders assess the impacts of the closure of Codelco’s biggest mine in Chile following a fatal accident.
Wasn't a deep enough pull in to add more but certainly earn were decent and some PT upgrades have come/// Good IRA name**** Ormat Technologies Non-GAAP EPS of $0.48 beats by $0.10, revenue of $234M beats by $12.36M