Francesca Fontana
speaker
2,691 appearances
52 recordings
1 series
first heard Aug 2017
last heard Feb 2025
Francesca Fontana’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsNo recordings in the last 12 months.Older appearances are listed below; set an alert to hear about the next one.
Appearances
Speaking of tech stocks, a spoiler for next week.
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Some more of the so-called magnificent seven tech giants will be reporting their latest results.
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Alphabet, Microsoft, meta platforms, Amazon.com.
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So lots of tech news coming our way then.
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All in all, the major indexes ended the week mixed.
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The S&P 500 and the Dow posted their first weekly decline since the start of September, snapping their six-week winning streaks, while the Nasdaq rose for a seventh consecutive week.
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First up, let's talk McDonald's.
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Investors didn't have much of an appetite for McDonald's shares on Wednesday, thanks to the fast food chain's link to a deadly E. coli outbreak.
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That link was the Quarter Pounder, specifically slivered onions that are used in the Quarter Pounder, which, according to the company, might have been connected to a subset of the illnesses.
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As of Friday, the outbreak had sickened at least 75 people and killed one person, according to the Centers for Disease Control and Prevention.
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Interestingly, this E. coli outbreak is a relatively rare occurrence for McDonald's, whereas we've seen other chains such as Wendy's and Chipotle Mexican Grill struggle in recent years with their own outbreaks of foodborne illnesses.
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McDonald's shares ended up losing about 5% Wednesday and logged a weekly loss of about 7.6%.
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Next up, let's look at two fashion stocks, Capri and Tapestry.
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Capri owns the Michael Kors brand, along with Versace and Jimmy Choo, and Tapestry's brands include Coach and Kate Spade.
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These two fashion giants had been hoping to combine and become one fashion giant, with Tapestry acquiring Capri in an $8.5 billion deal.
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But a federal judge in New York blocked the tie-up Thursday, siding with the Federal Trade Commission in its argument that the acquisition would reduce competition in the so-called accessible luxury handbag category, and that it would raise prices for the budget-conscious consumers who shop in the relatively affordable purse space.
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As for the companies, both Tapestry and Capri said that they would appeal the ruling.
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So how did each stock do?
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Well, Capri shares dropped a whopping 49% Friday, while Tapestry shares ended up gaining about 14%.
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Last but not least, Spirit Airlines.
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Showing 621–640 of 2,691 · page 32 of 135
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