Restaurant Brands reports 2.5% same-store sales growth, fueled by Burger King and Popeyes

• Burger King’s parent company sees growth driven by international markets

  Restaurant Brands International also reported a same-restaurant sales beat for Burger King, marking the chain’s first such beat in six quarters.
  
  MarketWatch - 45m

• Kering slightly beats fourth-quarter forecasts even as sales at embattled Gucci brand plunge 24%

  French luxury goods firm Kering reported better-than-expected fourth-quarter sales that were still down year-on-year amid lagging demand for the Gucci label.
  
  CNBC - 1d

• McDonald’s reports sales growth in fourth quarter as Gaza boycott eases

  US fast-food chain records like-for-like improvement in revenue, with business improving in Middle East
  
  Financial Times - 1d

• McDonald’s sees wider margins ahead as same-store-sales surprise offsets a profit miss

  McDonald’s stock rose 5% as investors latched on to the positive developments, despite some mixed results from the fast-food giant.
  
  MarketWatch - 1d

• Canopy Growth’s drop in adult-use pot sales snuffs out cannabis-stock momentum

  Canopy’s stock reversed on earnings after seeing a rally sparked by the possibility of marijuana reform in the U.S.
  
  MarketWatch - 4d
• 

  Global chip sales rose 19.1% in 2024 and will hit double digit growth in 2025 thanks to AI | SIA

  Global semiconductor chip sales rose 19.1% to $627.6 billion in 2024 and growth is expected to grow double-digit percentages in 2025.
  
  VentureBeat - 5d
• 

  Amazon Reports 88% Rise in Profits but Says Growth Could Slow

  The company’s cloud computing business showed strong growth, while a forecast for the current quarter disappointed investors.
  
  The New York Times - 5d

More from CNBC

• Consumer prices rise 0.5% in January, higher than expected as annual rate rises to 3%

  The consumer price index was expected to increase 0.3% in January, according to the Dow Jones consensus estimate.
  
  CNBC - 33m

• Trump says interest rates should be lowered to go 'hand in hand' with his tariffs

  Trump again switched positions on the Fed, indicating in a social media post Wednesday that interest rates need to come down.
  
  CNBC - 16m

• 10-year Treasury yield shoots above 4.6% after hot CPI report

  U.S. Treasury yields rose on Wednesday after the January consumer inflation report.
  
  CNBC - 57m

• Zelle payments top $1 trillion in 2024 as network's growth outpaces rivals including PayPal

  Zelle said its user base jumped 12% to 151 million accounts in 2024, and that the total dollars sent on the platform jumped 27% from the year earlier.
  
  CNBC - 1h

• Warren Buffett's Berkshire buys more Occidental after 30% sell-off from record high

  The Omaha, Nebraska-based conglomerate scooped up 763,000 shares of the Houston-based oil and gas producer on Friday for $35.7 million, according to a filing.
  
  CNBC - 59m

More in Business

• 

  US inflation unexpectedly increases to 3% in January

  Figure bolsters case for Federal Reserve to proceed slowly with interest rate cuts
  
  Financial Times - 9m
• 

  Stocks Drop After Hotter Than Expected Inflation Reading

  Investors are now betting that the Federal Reserve will cut interest rates just once more this year, a drastic shift in expectations since late 2024.
  
  The New York Times - 11m

• Tesla’s robotaxi, energy and storage prospects drive latest ‘buy’ rating

  Benchmark initiates coverage of Tesla with a buy rating and $475 price target.
  
  MarketWatch - 15m

• Trump says interest rates should be lowered to go 'hand in hand' with his tariffs

  Trump again switched positions on the Fed, indicating in a social media post Wednesday that interest rates need to come down.
  
  CNBC - 16m
• 

  Canned Tuna Sold at Trader Joe’s and Costco Is Recalled Over Botulism Risks

  Tuna sold in 26 states and in Washington, D.C., was recalled over concerns that it may have been contaminated. The stores affected include Trader Joe’s, Genova, Van Camp’s and H-E-B.
  
  The New York Times - 28m