McDonald's Corp

McDonald’s closures in Russia cost the fast-food giant 7 million in Q1 — here’s what it could mean for the country
World

McDonald’s closures in Russia cost the fast-food giant $127 million in Q1 — here’s what it could mean for the country

Two months after the fall of the Berlin Wall in 1989, McDonald’s — the very symbol of Western capitalism — opened its first store in the Soviet Union. It was a big moment, and the restaurant drew large crowds. More than 30 years later, amid pressure from U.S. consumers to protest Russia’s invasion of Ukraine, […]

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5 things to know before the stock market opens Thursday
Business

5 things to know before the stock market opens Thursday

Here are the most important news, trends and analysis that investors need to start their trading day: 1. Nasdaq futures soar as stocks look to get back on track The Nasdaq MarketSite in New York. Michael Nagle | Bloomberg | Getty Images Nasdaq futures bounced nearly 2% on Thursday, boosted by a 14% pop in […]

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Stocks making the biggest moves premarket: Meta, Teladoc, Pinterest, Qualcomm and more
Business

Stocks making the biggest moves premarket: Meta, Teladoc, Pinterest, Qualcomm and more

Woman holds smartphone with Meta logo in front of a displayed Facebook’s new rebrand logo Meta in this illustration picture taken October 28, 2021. Dado Ruvic | Reuters Check out the companies making headlines in Thursday premarket trading. Meta — Shares of the Facebook parent soared more than 16% in premarket trading after the tech […]

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McDonald’s is about to report earnings. Here’s what to expect
Business

McDonald’s is about to report earnings. Here’s what to expect

McDonalds and other local stores remain shuttered due to COVID-19 at Times Square on April 13, 2020 in New York, NY. Eduardo Munoz | Getty Images McDonald’s is expected to report its first-quarter earnings before the bell on Thursday. Here’s what Wall Street analysts surveyed by Refinitiv are expecting: Earnings per share: $2.17 expected Revenue: […]

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Earnings playbook: Your guide to the busiest week of the reporting season, featuring Apple & others
Business

Earnings playbook: Your guide to the busiest week of the reporting season, featuring Apple & others

The busiest week of the earnings season is coming up, with roughly 160 S&P 500 companies slated to report, including tech giant such as Apple and Amazon. Source

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Carl Icahn calls out Wall Street ‘hypocrisy’ over ESG investing in letter to McDonald’s shareholders
Business

Carl Icahn calls out Wall Street ‘hypocrisy’ over ESG investing in letter to McDonald’s shareholders

Carl Icahn speaking at Delivering Alpha in New York on Sept. 13, 2016. David A. Grogan | CNBC Carl Icahn released his letter to McDonald’s shareholders on Thursday, calling out compensation among the company’s top ranks and Wall Street firms for their ESG investing policies. It’s the latest development in Icahn’s animal-welfare battle with the […]

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As the dollar jumps to two-year highs, the ‘Fast Money’ traders deliver winners and losers
Finance

As the dollar jumps to two-year highs, the ‘Fast Money’ traders deliver winners and losers

Wall Street may be underestimating the dollar’s jump to two year highs. “With each passing day the dollar goes higher. That creates more of a headwind for the multinationals in the market in general,” “Fast Money” trader Guy Adami said on Tuesday. “A stronger dollar, as counterintuitive as it may be, is not good for […]

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Cramer’s lightning round: It’s too soon to buy Rocket Companies
Business

Cramer’s lightning round: It’s too soon to buy Rocket Companies

Rocket Companies Inc: “It’s such a good company, but when rates go up, it does poorly. And the Fed wants housing to slow. So therefore, their business is going to slow, too. Too soon to buy.” Garmin Ltd: “It’s fabulous. … I think their stock is great.” Mosaic Co: “I think Agco is cheaper, and […]

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Justin Bieber, Gwyneth Paltrow and Ashton Kutcher are among dozens of celebrity investors piling into crypto startup MoonPay
World

Justin Bieber, Gwyneth Paltrow and Ashton Kutcher are among dozens of celebrity investors piling into crypto startup MoonPay

MoonPay CEO and co-founder Ivan Soto-Wright speaking at the Bitcoin 2021 conference in Miami, Florida. Eva Marie Uzcategui | Bloomberg | Getty Images What do Justin Bieber, Gwyneth Paltrow, Snoop Dogg and Ashton Kutcher all have in common? Aside from being A-list celebrities, they’re among more than 60 new investors in fintech startup MoonPay. Additional […]

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Panera Bread is testing automated coffee brewing with Miso Robotics
Business

Panera Bread is testing automated coffee brewing with Miso Robotics

Miso Robotics’ CookRight Coffee System Source: Miso Robotics Panera Bread is piloting Miso Robotics’ new automated coffee brewing system as it doubles down on its drink subscription program. It’s part of a broader shift across the restaurant industry toward automation as many eateries struggle to find workers and labor costs rise. For example, McDonald’s is […]

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