MCD Jul 2024 380.000 call
- Yahoo Finance Video
What next for gas prices, how the S&P 500 can reach 6,000: Market Domination
It was a quiet Friday on Wall Street, with the three major indexes (^DJI,^GSPC, ^IXIC) closing relatively flat. On the latest episode of Market Domination, Evercore ISI's Julien Emmanuel explains why he raised his year-end price target for the S&P 500 to 6,000. RBC Capital Markets US Economist Michael Reid discussed what's next for the Federal Reserve, including why he thinks the economy is in for a period of "normalization." In the latest edition of Good Buy or Goodbye, Washington Crossing Advisors Senior Portfolio Manager Chad Morganlander explains why he is buying Tractor Supply (TSCO) but skipping Macy's (M). GasBuddy's Patrick DeHaan talks about what to expect for gas prices going into the Fourth of July travel period. Yahoo Finance's Julie Hyman and Jared Blikre also recap the latest news on Sarepta Therapeutics (SRPT), Palantir (PLTR), Smith & Wesson Brands (SWBI), and McDonald's (MCD). For more expert insight and the latest market action, click here. This post was written by Stephanie Mikulich.
- GuruFocus.com
Insider Sale: President of McDonald's USA, Joseph Erlinger, Sells 1,098 Shares
On June 21, 2024, Joseph Erlinger, President of McDonald's USA, executed a sale of 1,098 shares of McDonald's Corp (NYSE:MCD). The transaction was documented in a recent SEC Filing. McDonald's Corp operates globally, known for its prominent brand in the fast food industry.
- Yahoo Finance Video
Semiconductor sector, McDonald's sales dip: Asking for a Trend
Thursday saw the worst trading day for the semiconductor sector in seven weeks. Earnings revisions for some of the top tech stocks like Nvidia, (NVDA) Amazon (AMZN), Meta (META) , and Alphabet (GOOG,GOOGL) are currently over 35% higher than that of the entire S&P 500 (^GSPC). McDonald's (MCD) is experiencing a slowdown in growth, with its same-store sales lagging behind competitors like Burger King. This shift in market dynamics comes as fast-food chains increasingly pivot towards value-focused meal options to attract budget-conscious consumers. Headline venture partner Kamran Ansari joined the show give insight into the state of the venture capital landscape as the AI craze continues to ripple across markets, touching on what makes a great founder. Check out how Amazon Web Services (AMZN) wants to use artificial intelligence to improve healthcare in the latest edition of Lead This Way. For more expert insight and the latest market action, click here
