Investing.com -- U.S. stocks slumped Wednesday, pressure by tech stocks as Treasury yields continued to climb on concerns about more shallow outlook for the Fed's rate cut cycle.Kuo said Apple has cut a total of 10 million orders for the fourth quarter of 2024 through the first half of 2025.) fell 3% after reporting quarterly results that missed estimates, with the aircraft maker suffering its largest quarterly loss since 2020.) stock rose more than 4% after the telecoms giant reported a $4.
Tesla’s earnings come after the EV maker’s third-quarter deliveries missed expectations, while the long-awaited reveal of its robotaxi largely underwhelmed.) stock fell 5% after the Center for Disease Control issued an alert over an E. coli outbreak linked to the fast food chain’s burgers. The outbreak caused 10 hospitalizations and one death across 10 states, the CDC said.
Still, analysts at Wedbush downplayed concerns about a significant financial hit to McDonald's, saying the impact would be limited when compared to the Chipotle Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors.
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