In the first quarter of 2025, McDonald's Corporation $MCD experienced a significant decline in sales within the United States. Latest figures released on Thursday reveal that deteriorating consumer sentiment has made it increasingly challenging for the fast-food giant to draw customers to its restaurants.
Grab Holdings $GRAB recently released its annual revenue forecast, which fell short of analysts' expectations. This announcement led to a sharp decline in the company's stock, dropping over 9% after the market closed. The primary drivers behind this forecast are intense competition in the food delivery and ride-hailing sectors, alongside ongoing macroeconomic instability.