Connect with us

Published

on

McDonald’s on Thursday reported surprisingly strong sales in the latest quarter — and its chief executive cited the purple milkshake released in honor of furry mascot Grimace’s 52nd birthday.

“This quarter, if Im being honest, the theme was Grimace,” McDonald’s CEO Chris Kempczinski said on the companys conference call following the earnings report, according to CNBC.

The earnings report was released a month after the golden arches honored Grimace’s birthday with a limited-edition purple milkshake that was only available in the US.

McDonald’s also offered the Grimace Birthday Meal, which included the shake and the choice of a Big Mac, 10-piece Chicken McNuggets, or fries, though the offer ended on July 6, according to a McDonald’s tweet.

The photo-friendly purple drink — which was made with ice cream and blueberry and strawberry syrups — went viral on social media and was likely fueled by customers’ nostalgia for the rotund character.

As a result, McDonald’s — which has 13,513 restaurants in the US and over 38,000 abroad — recorded a revenue of $6.5 billion in the latest quarter, edging out Wall Street’s expectation of $6.27 billion.

The net sales marked a 14% increase from last year.

McDonald’s scored $2.31 billion in income — a sharp increase from the $1.8 billion reported in Q1.

McDonald’s share price closed up 1.2%, to $295.19, on Thursday.

On TikTok, Austin Frazier is attributed with starting the trend when he posted a clip of himself tasting the shake.

The video then cut to Frazier lying on the floor with the milkshake spilled around his head and mouth.

Since it was posted on June 13, the TikTok has garnered over 3.6 million views and caused a slew of other social media users to share clips faking their death after tasting the Grimace shake.

McDonald’s even acknowledged the trend, sharing a post of Grimace to social media captioned: “mee pretending i don’t see the grimace shake trendd.”

The Chicago-headquartered restaurant chain even changed the biography on its Instagram and Twitter pages to: “grimace is a close personal friend of mine.”

“‘Grimace’s Birthday’ quickly became one of our most socially engaging campaigns of all time,” the company said in its earnings report.

McDonaldland — the franchise’s fictional world inhabited by Ronald McDonald and his friends — welcomed Grimace on June 12, 1971, as “Evil Grimace,” a monster with four arms used to steal milkshakes.

But after he frightened children, McDonald’s phased out Grimace, along with other McDonaldland characters, in 2003.

The franchise later recast the purple blob as a warmer version of his old self, this time with two arms, and revived the beloved fuzzball in 2022.

Continue Reading

Politics

DeepSeek — a wake-up call for responsible innovation and risk management

Published

on

By

DeepSeek — a wake-up call for responsible innovation and risk management

DeepSeek R1’s rise shows AI’s promise and peril — cost-effective yet risky. Privacy, bias and security flaws demand responsible AI now.

Continue Reading

US

Israel leans hard into Trump plan for Gaza – but has anyone asked its people?

Published

on

By

Israel leans hard into Trump plan for Gaza - but has anyone asked its people?

Donald Trump is not a man in the habit of backing down.

His astonishing proposal to “own” Gaza and relocate two million Palestinians has faced unanimous opposition from America’s allies, but the president now has a plan and woe betide anyone who gets in the way. And that includes international law.

“The Gaza Strip would be turned over to the United States by Israel at the conclusion of the fighting,” he wrote on Truth Social.

Trump latest: Netanyahu backs ‘remarkable’ Gaza idea

Please use Chrome browser for a more accessible video player

Netanyahu praises Trump’s ‘good idea’

Nevermind that Gaza is not Israel’s land to turn over.

“The Palestinians… would have already been settled in safer and more beautiful communities, with new and modern homes, in the region.”

Nevermind that most countries in the region have angrily opposed this suggestion.

More on Donald Trump

Aware, perhaps, that the prospect of US troops being sent to Gaza, possibly for decades, would meet opposition in Congress, Trump added “no soldiers by the US would be needed!”

Well that clears one question up. But who would be responsible for security in Gaza then?

Local police officers who are affiliated to Hamas? Private security contractors made of former American soldiers, operating under rules of engagement set by who?

While most of the world is recoiling at all this, in Israel they are leaning into it. Hard.

The defence minister, Israel Katz, has ordered the IDF to prepare plans to allow Gazans to leave by land, sea or air. This is being framed as voluntary migration, giving Gazans the freedom to leave for a better life elsewhere.

Some might. But what if most don’t. Then what?

Voluntary migration sounds nice and all, but how voluntary would it be, really?

Read more:
White House appears to row back on Gaza proposal
What you need to know about Trump’s Gaza plan

Please use Chrome browser for a more accessible video player

Trump plan is ‘ethnic cleansing’

Palestinians, human rights organisations and others argue that after 15 and a half months of constant bombardment, Israel has left Gaza uninhabitable and so any departure would be down the barrel of guns that have been pointing at them for almost a year and a half.

Faced with all this, Trump, Netanyahu and their ministers continue to insist that only they know what’s best for Gazans.

Has anyone actually asked the people of Gaza?

Continue Reading

Environment

Tesla sales crash in another market and this time, it can’t blame Model Y

Published

on

By

Tesla sales crash in another market and this time, it can't blame Model Y

Australia is the latest market to report a significant drop in Tesla sales for the first month of 2025, and in this case, the automaker can’t blame the Model Y changeover.

Earlier this week, we reported on European markets releasing car sales data for January, showing a massive drop in Tesla sales.

Tesla sold roughly half as many cars in Europe in January 2025 compared to January 2024.

Most industry watchers agree that there are two main reasons behind the sharp decline:

  • Elon Musk’s meddling in politics and spreading misinformation on social media is driving people away from Tesla
  • Tesla is transitioning Model Y production to the new design, which is affecting production and sales

Now, Australia is reporting its car sale numbers for January 2025, and it shows that Tesla is also having issues in this market.

In the first month of 2025, Tesla delivered only 739 vehicles – down 33% year-over-year.

This time, Tesla can’t blame the Model Y changeover as Model Y deliveries were actually up 20%.

Model 3 is the problem. Sales of Tesla’s cheapest model were down 63%.

This has been Tesla’s trend in Australia for the last year. In January 2023, Tesla delivered more than 2,000 vehicles in the country, but now it can only deliver a few hundred units. In 2024, Tesla’s sales dropped 17% for the whole year.

Electrek’s Take

At this point, it’s fairly clear that Tesla’s sales will be abysmal in Q1. Tesla will use the excuse of the Model Y changeover, and it will undoubtedly be partly true, but I think the Elon effect is also be a significant part of Tesla’s sales problem.

Unfortunately, it’s impossible to calculate, but in the case of Australia, we can see that it’s part of the problem with the model breakdown.

Australia is not a huge car market and it won’t have a major impact on Tesla, but the trend appears to be similar in most markets.

The US is the biggest wildcard, as Elon still has a lot of fans there, obviously. US data is a bit more opaque and it will take a while for us to see an impact, if any.

FTC: We use income earning auto affiliate links. More.

Continue Reading

Trending