A McDonald’s spokesperson told Axios the company would not comment on whether it planned to raise more money for the US.McDonald’s is the most profitable US company, with a market value of $8.3 trillion, according to Forbes.“The company is focused on growing its global footprint through acquisitions and investing in new restaurants and other initiatives …
Facebook stock hits new high, but shares remain volatile
Facebook stock hit a record high of $38.50 per share on Monday, bringing its market cap to $62.4 billion.The social media company said its quarterly revenue was $3.6 billion and revenue from advertising accounted for $3 billion.Facebook shares are trading at $38,000, up 9% from the close of the previous trading session.Facebook stock had already …