Restaurants

Good Morning Everyone! ChatGPT creator OpenAI has quietly hired hundreds of international contractors to train its AI tech. Paving the way to replace some software engineers. Cambiar a la suscripción paga Prices as of 4 pm EST, 1/30/23; % YD MARKET UPDATE Last trading day of...

McDonald's Corp (NYSE: MCD) reported a fourth-quarter FY22 sales decline of 1.4% year-on-year to $5.93 billion, beating the consensus of $5.69 billion. Global comparable sales rose 12.6%, with 10.3% growth in the U.S.  Digital Systemwide sales in the top six markets were...

The CNN Money Fear and Greed index showed some decline in overall sentiment among US investors. US stocks settled lower on Monday, as investors awaited big corporate earnings results and interest-rate decision from the Federal Reserve this week. Ford Motor Co (NYSE: F) shares dropped 2.9% on Monday...

(Monday Market Open) For those who like market news, this week has no shortage. There’s something for everyone with central bank meetings, earnings, and a jobs report all straight ahead. Monday kicked off with heavy selling before the open. This appears to be a situation where things...

Credit Suisse analyst Lauren Silberman reiterated an Outperform rating on the shares of McDonald’s Corp (NYSE: MCD) and raised the price target from $292 to $298. The analyst believes MCD strength continued in 4Q22 & overall sentiment remains positive broadly. Consensus...

A restaurant-industry group reportedly sued some California state officials, alleging they plan to illegally implement a new law that would set minimum hourly wages for fast-food workers. The California law would set a minimum wage for the state's estimated half-million fast-food workers at as...

Goldman Sachs raised NIKE, Inc. (NYSE: NKE) price target from $120 to $133. Goldman Sachs analyst Kate McShane maintained a Buy rating on the stock. NIKE shares rose 11.6% to $115.20 in pre-market trading. Wedbush cut Shake Shack Inc. (NYSE: SHAK) price target from $58 to $49. Wedbush analyst...

Anyone who has read biographies on the life of McDonald's Corp’s (NYSE: MCD) Ray Kroc or seen the movie “The Founder” is aware that the fast food giant is less in the hamburger business than in the real estate business. Ray Kroc made his fortune on that assumption. He ran with...

Wedbush raised McDonald's Corporation (NYSE: MCD) price target from $265 to $300. Wedbush analyst Nick Setyan maintained the stock with an Outperform rating. McDonald's shares rose 3.3% to close at $265.11 on Thursday. SVB Leerink raised the price target on argenx SE (NASDAQ: ARGX) from...

The CNN Money Fear and Greed index showed further improvement in overall market sentiment. The Dow Jones closed higher on Thursday after data showed GDP increasing faster-than-expected in the third quarter. The US economy expanded an annualized 2.6% on quarter in the third quarter, beating market...

U.S. stocks traded mixed midway through trading, with the Nasdaq Composite dropping around 100 points on Thursday. The Dow traded up 1.11% to 32,192.18 while the NASDAQ fell 0.91% to 10,870.72. The S&P 500 also rose, gaining, 0.03% to 3,831.78. Also check this: Bitcoin Jumps Above 20,000; Here...

The CNN Money Fear and Greed index showed the index moving to "Greed" zone. Wall Street closed mostly lower, with the Nasdaq and S&P 500 moving lower on Wednesday. Both indices snapped three-session winning streaks, as investors monitored earnings reports from big-tech stocks,...

Pre-open movers U.S. stock futures traded mostly higher in early pre-market trade on Thursday after closing mostly lower in the previous session. The Nasdaq index dipped by more than 200 points on Wednesday following weak earnings results from Alphabet Inc. (NASDAQ: GOOG). Data on durable goods...

With US stock futures trading lower this morning on Thursday, some of the stocks that may grab investor focus today are as follows: Wall Street expects Caterpillar Inc. (NYSE: CAT) to report quarterly earnings at $3.27 per share on revenue of $14.85 billion before the opening bell. Caterpillar...

Bitcoin (CRYPTO: BTC), the world’s most valued cryptocurrency, traded higher, trading above the key $20,800 mark this morning. The second-most valued cryptocurrency, Ethereum (CRYPTO: ETH), also recorded sharp gains, trading above the key $1,500 level on Thursday. Other popular crypto coins,...