On July 31, 2024, Bybit, the world’s second-largest cryptocurrency exchange, will host a livestream event featuring Web3 experts discussing the topic of “Blinks, AI, Ignition: Bridging Web3 and Web2.” The event aims to shed light on new crypto innovations that integrate blockchain applications into traditional digital platforms like Facebook and Twitter, enabling new crypto payment
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McDonald’s executives faced challenges in the second quarter, with a decline in same-store sales across all segments, including the U.S. market. Despite forecasting these challenges, the company fell short of analysts’ estimates on both the top and bottom lines. This indicates a need for a strategic shift in the approach to recapturing consumers. U.S. President
McDonald’s executives recently acknowledged that many consumers, especially those with lower incomes, perceive the company’s prices as too high. This realization comes at a time when many people are facing challenges due to high inflation, causing them to rethink their spending habits, particularly when it comes to dining out. During the second-quarter earnings call, McDonald’s
The weight loss drug market has long been dominated by Eli Lilly and Novo Nordisk, but the landscape is rapidly changing. Recent updates from Roche and Viking Therapeutics have highlighted the progress made by these companies in developing experimental treatments that offer faster weight loss results. This shift in the market dynamics has caused a
The fast–food industry has long been known for its value meals and deals, with chains often competing to offer the best prices to attract customers. However, recent trends in consumer behavior and economic factors have forced many fast-food restaurants to reassess their pricing strategies. Over the past decade, Subway’s iconic $5 footlong deal has faded
The U.S. dollar is holding steady in early European trade, waiting for the release of crucial inflation data. The Dollar Index, which tracks the greenback against a basket of other currencies, remains largely unchanged at 104.127. The recent data showing faster-than-expected economic expansion and slowing inflation in the U.S. has provided some support to the
Lamb Weston, the Idaho-based supplier of frozen potato and vegetable products, faced a major setback as it emerged as the worst-performing stock in the S & P 500 following disappointing quarterly results. The fully diluted earnings per share plummeted over 70% from the same period the previous year, triggering a massive dip in the stock
In the fast-paced world of technology, the demand for artificial intelligence and cloud computing services is on the rise. Companies like Microsoft are at the forefront of this trend, with a leading position in both AI and cloud computing. As Alphabet recently reported impressive cloud revenue growth, it is clear that Microsoft is poised to
McDonald’s has decided to extend its $5 value meal promotion due to its success in attracting customers back to its restaurants. With nearly every business unit in the U.S. system choosing to continue the offer past its original end date, it is clear that the promotion has been effective in driving traffic and increasing sales.
In a world where social media platforms dominate our online interactions, SoMon has emerged as a game-changer in the Web3 space. With a decentralized forum that prioritizes user-owned content and connections, SoMon has quickly become the most active and fastest-growing social app in the Web3 ecosystem. Since its launch on Base, SoMon has experienced over