A McDonald’s store sign in Austin, Texas, October 30, 2023. Brandon Bell |Getty Images McDonald’s plans to open more than 8,800 locations and add 100 million members to its loyalty program by 2027. The goals are part of the fast food giant’s long-term plans to increase sales across its already sprawling restaurant footprint. McDonald’s announced … [Read more…]
Stock trends in afternoon trading Here are some of the stocks topping Yahoo Finance’s Trend Ticker page during afternoon trading on Friday: ChargePoint (CHPT): The electric vehicle charging company plunged more than 30% on Friday after reporting preliminary third-quarter results that showed revenue would fall to as much as $108 million, well below the expected … [Read more…]
Intel (INTC), which was also considered an underrated chip player throughout 2022 and the first half of 2023, has suddenly programmed itself back into Mr. Market’s favor. According to Yahoo Finance data, Intel shares rose 13% in December, compared with a 4.5% gain for the S&P 500. The company’s main competitor, Nvidia (NVDA), saw a … [Read more…]
(Bloomberg) — European stocks rose and bond yields across the euro area fell on Wednesday as worsening economic data and easing inflation underscored expectations for interest rate cuts next year. Most read by Bloomberg Germany’s 10-year government bond yield fell below 2% for the first time in nine months after a report showed producer prices … [Read more…]