McDonald's(MCD)

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McDonald's (MCD) Stock Slides as Market Rises: Facts to Know Before You Trade
ZACKS· 2024-06-17 22:56
McDonald's (MCD) ended the recent trading session at $253.51, demonstrating a -0.03% swing from the preceding day's closing price. The stock's performance was behind the S&P 500's daily gain of 0.77%. Meanwhile, the Dow experienced a rise of 0.49%, and the technology-dominated Nasdaq saw an increase of 0.95%.The the stock of world's biggest hamburger chain has fallen by 6.9% in the past month, lagging the Retail-Wholesale sector's gain of 0.04% and the S&P 500's gain of 3.71%.Analysts and investors alike wi ...
McDonald's High Dividend Yield Meets High Food Price Inflation
Seeking Alpha· 2024-06-17 19:09
ermingut MCD stock: dividend yields near peak levels in at least 5 years McDonald’s (NYSE:MCD) caught my attention in my screening of dividend stocks. In these screens, I look for dividend stocks whose yields are noticeably above or below their historical averages. More specifically, the chart below shows MCD's dividend yield compared to its historical average in the past 5 years. As you can see, McDonald's current dividend yield of 2.58% is significantly above its 5-year historical average of 2.23%. Mo ...
McDonald's Stops Drive-Thru AI Chatbot Tests for Now as Voice Economy Grows
PYMNTS.com· 2024-06-17 17:15
After two years of testing, McDonald’s has ended its partnership with IBM to develop an artificial intelligence (AI)-powered drive-thru system. The collaboration, which aimed to change the fast-food ordering process by replacing human workers with voice-activated chatbots, had been a closely watched experiment in the industry.The fast-food giant’s decision to remove the technology from over 100 restaurants and seek a new partner underscores the challenges and opportunities presented by AI-powered voice orde ...
McDonald's to end AI drive-thru experiment after errant orders — including one that added bacon to ice cream
New York Post· 2024-06-17 14:46
McDonald’s is reportedly planning to end its artificial intelligence-powered automated drive-thru order-taking experiment at more than 100 locations after angry customers reported receiving items they didn’t order.The gaffes including adding nine sweet teas to one customer’s order and giving another customer an ice cream cone topped with bacon.The Chicago-based fast food chain and IBM partnered on the pilot program two years ago at select franchises.But the company recently informed franchisees in a recent ...
McDonalds is removing its AI drive-thru voice ordering system from over 100 restaurants after its mishaps went viral
Business Insider· 2024-06-16 17:07
McDonald's is removing its Automated Order Taker technology from over 100 restaurants.The food chain collaborated with IBM in 2021 to develop and deploy the AI software.Videos showing flaws with the technology at McDonald's drive-thrus went viral in 2023. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. Email address By ...
Blue-Chip Jackpots: 3 Top-Notch Stocks at Bottom-Barrel Prices
Investor Place· 2024-06-15 10:00
Blue-chip stocks are synonymous with stability and reliability. Investors search amongst these names to find companies with long track records of strong performance, healthy financials and established market presence. These stocks typically come attached to a premium price tag. Yet, even in the current market euphoria, with indices climbing to new heights by the day, a decent number of blue-chip gems are trading near their 52-week lows.Despite most blue-chip stocks continuing to post strong results in recen ...
The Real Reason Yum! Brands Is Outperforming McDonald's Stock
MarketBeat· 2024-06-13 11:45
Some may call it corporate greed, and some may buy the media message, but the truth is that fast food isn’t cheap or quick. This CNBC short documentary covered some of the factors behind fast food price increases. However, it only covered one side of the equation, and investors should have access to the whole picture.The whole picture includes some corporate greed factors, as the issue doesn’t just lie with wage increases and commodity costs; it goes way beyond that. Investors—and consumers—should know that ...
McDonald's: A Top Dividend Growth Play
Seeking Alpha· 2024-06-13 09:56
Magdalena Wygralak McDonald’s (NYSE:MCD) is looking back on a 13-quarter streak of uninterrupted, comparable sales growth, despite high inflation weighing on consumer spending in the last two years. The fast-food chain is, despite headwinds, generating consistent, low-single digit growth in comparable revenues and continues to focus aggressively on expansion, both in the U.S. and abroad. I believe McDonald’s is set to benefit from moderating inflation -- a key catalyst for accelerating growth in system- ...
McDonald's (MCD) Ascends But Remains Behind Market: Some Facts to Note
ZACKS· 2024-06-11 22:50
The most recent trading session ended with McDonald's (MCD) standing at $254.28, reflecting a +0.19% shift from the previouse trading day's closing. The stock lagged the S&P 500's daily gain of 0.27%. Elsewhere, the Dow lost 0.31%, while the tech-heavy Nasdaq added 0.88%.Shares of the world's biggest hamburger chain witnessed a loss of 6.45% over the previous month, trailing the performance of the Retail-Wholesale sector with its gain of 0.48% and the S&P 500's gain of 2.85%.Market participants will be clos ...
McDonald's (MCD) Stock Sinks As Market Gains: Here's Why
ZACKS· 2024-06-10 22:56
McDonald's (MCD) closed the most recent trading day at $253.81, moving -0.94% from the previous trading session. The stock trailed the S&P 500, which registered a daily gain of 0.26%. Meanwhile, the Dow gained 0.18%, and the Nasdaq, a tech-heavy index, added 0.35%.The world's biggest hamburger chain's stock has dropped by 6.83% in the past month, falling short of the Retail-Wholesale sector's loss of 0.54% and the S&P 500's gain of 3.25%.Market participants will be closely following the financial results of ...