Earnings season kicks into high gear in the coming week.
McDonald's is likely to post an increase in third-quarter profits and sales.
Investors will also be looking for word on how McDonald's hopes to capitalize on two recent trends - the chicken sandwich craze and the demand for meat-alternative burgers.
In September, McDonald's started testing a Beyond Meat plant-based burger in Canada.
Mickey D's results come out on Tuesday.
On Wednesday, Caterpillar - another global economic bellwether is due to report.
Not only is it coping with a sluggish global economy - its business is being negatively impacted by the steel and aluminum tariffs slapped on by the Trump administration.
Morgan Stanley downgraded the stock heading into the results, citing what it called deterioration in Caterpillar's three key end-markets: construction, energy and transportation, and resources.
Fresh off allegations from the Federal Aviation Administration that Boeing employees may have misled about the safety of the now grounded 737MAX before two deadly plane crashes, Boeing reports results.
This will also be the first time investors hear from CEO Dennis Muilenberg since he was stripped of his chairman title.
Rounding out some other key results: Microsoft reports on Wednesday, followed by Amazon on Thursday.
On the economic front: Updates on sales of new and previously owned homes.
And investors get preliminary manufacturing survey data for October.
Wall Street is looking for signs to see if the first contraction in U.S. factory activity in three years was a one-month blip or continued into October.
Business Insider reports that McDonald's franchisees are optimistic about the future of the business. The franchisees optimism is higher than it has been in years, according to Kalinowski Equity Research's quarterly survey. McDonald's sales have been driven by speciality meals and new items like Spicy McNuggets. The fast-food giant has also profited from sit-down restaurants' struggles.
Japan's ANA Holdings on Tuesday said it will retire more than a tenth of its mostly Boeing fleet and delay two aircraft orders to help rein in costs and survive a collapse in air travel caused by coronavirus travel restrictions. Francis Maguire reports.
U.S. stocks recovered on Thursday some of the steep losses seen the day before as investors gobbled up high-flying tech names in anticipation of strong quarterly results after the close, which Amazon, Apple, Facebook and Google's parent Alphabet each delivered. Conway G. Gittens reports.
Microsoft has introduced new features in Excel allowing users to import their own data as a custom data type. The tech company is bringing over 100 new data types into Excel for Microsoft 365 Personal or Family subscribers, as per The VergeExcel users will be able to track stocks, pull in nutritional information for dieting plans, and much more, thanks to data from Wolfram Alpha's service. This is currently available for Office beta testers in the Insiders program, The Verge added.On the consumer side, Wolfram Alpha data types are currently available in preview for Office insiders and should be available to all Microsoft 365 subscribers soon.
Wall Street banks and their employees have been leaning further left in recent years, increasing the proportion of cash allocated to Democrats. Democratic presidential nominee Joe Biden has dramatically outpaced Republican President Donald Trump in raising funds from the banking industry ahead of the Nov. 3 election. Rosanna Philpott explains why.
Federal Aviation Administration Chief Steve Dickson conducted a nearly two-hour evaluation flight at the controls of a Boeing 737 MAX on Wednesday, saying after that he liked what he saw, but there is more to be done following a ban after fatal crashes.
FAA chief Steve Dickson will take the controls of a Boeing 737 MAX on Wednesday, testing upgrades that the planemaker says should prevent a repeat of the two fatal crashes that saw the jet grounded. Julian Satterthwaite reports.
On Wednesday, the U.S. House Transportation and Infrastructure Committee released a 245-page report about the deadly Boeing MAX jet crashes. The two plane crashes in 2018 and 2019 weren’t a result of one single issue. They were caused by the failures of Boeing staff, Boeing management, and the Federal Aviation Administration. "A series of faulty technical assumptions by Boeing’s engineers, a lack of transparency on the part of Boeing’s management, and grossly insufficient oversight by the FAA.
Two Boeing 737 MAX crashes that killed all 346 passengers and crew aboard were the "horrific culmination" of failures by the planemaker and the Federal Aviation Administration, a U.S. House panel concluded after an 18-month investigation. Fred Katayama reports.
Are we looking at Apple's next iPhone moment? Apple said earnings for the three months ending in September, its fiscal fourth quarter, came in at $3.03 per share, a 6.7% increase from last year and a..