News - October 30, 2024

News - October 30, 2024
Photo by Eduardo Soares / Unsplash

Unbanked Americans: Around 5% of Americans are still without a bank account, highlighting ongoing financial accessibility challenges.

Reddit ($RDDT): Reddit reported a 68% revenue jump, suggesting strong advertising growth and community engagement.

Google ($GOOGL): Google saw a 35% growth, driven primarily by increased demand for AI-related services. This underscores Google’s strong positioning in the AI industry.

McDonald’s ($MCD): New legal exemptions will allow McDonald’s to repair their notoriously problematic ice cream machines without facing previous restrictions, likely improving customer satisfaction.

TikTok and Politics: Approximately 50% of Americans aged 18-29 use TikTok