McDonald’s sales split and Uber booking growth lead Schwab’s earnings recap
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Schwab Network reports mixed earnings from McDonald’s and Uber ahead of Wednesday’s open. McDonald’s beat earnings expectations but missed revenue estimates: U.S. comparable sales slipped, while international markets helped lift overall same-store sales 1.5%. Uber beat revenue estimates but missed earnings-per-share expectations, with gross bookings up 20% and trips up 16% for the quarter. The recap also notes AMD’s 45% annual revenue growth and nearly doubled data-center revenue after its earnings beat.
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