Global earnings are just good enough to feel disappointing for investors

Global companies are revising down their full-year sales and profit forecasts due to higher interest rates and a sluggish Chinese economy. Notable disappointments include McDonald's, Tesla, and Nestle. Despite decent earnings in the US and Europe, consumer stress and cautious spending in China weigh heavily. The tech sector, including giants like Apple and Microsoft, may provide a boost, but mixed results have left investors wary, reflecting the challenging economic landscape.

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By Medha Singh

Companies worldwide are lowering full-year sales and profit guidance as higher interest rates and weakness in China's economy hurt global consumer sentiment, taking the shine off earnings growth in the latest quarter.

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