TLDR

MARKET RECAP → The Dow Jones lost momentum on Thursday as its 13-day winning streak came to an end. Equities saw a decline as investors processed a week filled with impactful news. Today’s standout factor was the better-than-expected GDP report, indicating the economy’s resilience and contributing to higher interest rates, which in turn put pressure on stock prices. ??

? SIZZLING Q2 SUCCESS → McDonald’s (MCD) Q2 2023 earnings showed soaring profits, driven by plant-based burger success and savvy marketing.

? META’s YEAR OF EFFICIENCY → Streamlined operations, improved ad targeting and strategic moves impressed investors.

Sean Horgan

Head of Investor Relations @ MoneyLion

$shorgan

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Today’s S&P 500 Heatmap

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Source: finviz.com

Check out our own Jeff C. with a recap of last week’s Bull vs. Bear matchups! ??

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Today’s Top News

MCDONALD’S FLIPS PROFITS IN Q2 2023

? McDonald’s (MCD) served up sizzling profits in Q2 2023, with earnings skyrocketing thanks to the successful launch of their plant-based burger and a strategic menu revamp that delighted customers.

? The fast-food giant’s clever marketing campaigns and expansion into emerging markets played a crucial role in boosting sales, demonstrating their adaptability in a dynamic industry.

? Despite supply chain challenges, McDonald’s strong performance is a testament to their ability to cater to evolving consumer tastes and maintain their position as a fast-food favorite worldwide.

Source: shutterstock

META STOCK SOARS: EFFICIENCY PAYS OFF!

? META (META) celebrated a soaring stock price after their recent earnings report, as their year of streamlining and efficiency efforts paid off handsomely, impressing investors.

? The company’s clever strategic acquisitions and emphasis on user privacy garnered positive attention, showcasing their commitment to adaptability and responsible practices.

? META’s solid financial performance signals a promising future as they continue to focus on innovation and engaging user experiences, making them a force to be reckoned with in the tech industry.