📈 Ronald McDonald's Sauce For Success

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Good Morning!

It looks like Ronald McDonald's still got the secret sauce for success - McDonald's stock is up after they crushed their earnings and revealed that they’re lowering menu prices. Elon Musk is stirring up some bright and glowing controversy in San Fran with his giant X display - It's a head-turner, but not everyone's amused.

Ever thought about investing in the future of AI? Well, we've got a trillion-dollar question for you: "Will you kick yourself later for not jumping on this bandwagon?". We’ve got a hot AI-stock ready for you!

Grab your Venti Caramel Macchiato with extra caramel drizzle, non-fat milk, no foam, double shot of espresso, and a sprinkle of cinnamon, and let's get into it! ☕️👇️

Markets

Fed's tightening cycle challenged by easing financial conditions (3 minute read)
Some economists think that with the super hot stock market showing a bit of slack, the Federal Reserve might actually crank up those rates before the year wraps up!

The market seems to have a different idea - You see, various indicators, even the ones the central bank produces, suggest the economy is loosening up a bit, just when the Fed folks are scratching their heads about how to tackle inflation.

Investing

McDonald’s Stock Rises Over 1% on Solid Earnings Beat. Why Aren’t Investors Lovin’ It? (2 minute read)
McDonald’s stock (MCD) is on the rise, jumping 1.18% after they crushed it with their earnings and sales. Second-quarter sales hit a mouth-watering $6.5 billion – that's like a billion Big Macs. The patty-flipping giant plans to lower menu prices to attract price-sensitive burger lovers, which could lead to a dip in sales.

When You Look Back in a Few Years, You'll Wish You'd Bought This Trillion-Dollar AI Stock (5 minute read)
Tech giant Microsoft (MSFT), born back in 1975, has been at the pinnacle of the technology industry for ages, and it's showing no signs of slowing down. They've aced software, gaming, and cloud computing, becoming the go-to wizards in those domains. Now they're taking center stage in the world of artificial intelligence!

Musk draws heat from San Francisco over giant X logo (2 minute read)
San Francisco is now home to a flashy, larger-than-life glowing X, marking the spot where Elon Musk's messaging platform X (formerly Twitter (TWTR)) plans to set up shop. Some locals are complaining about the intrusive lights, and even the city's Department of Building Inspection is on the case, investigating the structure. Oopsie!

Money

New Law Gives You $8,000 for Free To Make These 5 Home Renovations (5 minute read)
Summer's the perfect time to spruce up your place, and guess what? You can do it sustainably and save some bucks too! By making specific energy improvements, you could not only cut down on heating and cooling costs but also score some sweet cashback from the federal government! Thanks to the Inflation Reduction Act of 2022, you might be eligible for over $8,000 in tax credits or rebates.

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