Streetbeat News

MCD

McDonald's Corporation

https://corporate.mcdonalds.com

Industry

Restaurants

McDonald's Corporation operates and franchises McDonald's restaurants in the United States and internationally. Its restaurants offer hamburgers and cheeseburgers, chicken sandwiches and nuggets, wraps, fries, salads, oatmeal, shakes, desserts, sundaes, soft serve cones, bakery items, soft drinks, coffee, and beverages and other beverages, as well as breakfast menu, including biscuit and bagel sandwiches, breakfast burritos, hotcakes, and other sandwiches. As of December 31, 2021, the company operated 40,031 restaurants. McDonald's Corporation was founded in 1940 and is headquartered in Chicago, Illinois.

Open

297.72

Mkt cap

210B

Volume

High

299.50

P/E Ratio

25.71

52-wk high

317.90

Low

289.75

Div yield

0.02

52-wk low

243.53

The U.S. copyright office has granted an exemption allowing third-party repairs of McDonald's ice cream machines, enabling franchise owners to bypass digital locks. This comes amid other challenges for McDonald's, including an E. Coli scare linked to its Quarter Pounder burgers.

Portfolio Pulse from Ananya Gairola

October 28, 2024 | 9:57 am

McDonald's has ruled out beef as the source of an E. coli outbreak linked to its Quarter Pounders, focusing instead on onions. The company plans to resume selling Quarter Pounders without onions in affected areas. Despite challenges, analysts believe the impact on McDonald's stock will be minimal.

Portfolio Pulse from Kaustubh Bagalkote

October 28, 2024 | 2:32 am

Jim Cramer advises investors to be patient with upcoming tech earnings from major companies like Apple, Meta, Amazon, and others. He emphasizes the importance of processing the numbers and listening to conference calls before making investment decisions. Cramer also highlights the significance of the nonfarm payroll report, which could influence Federal Reserve rate decisions.

Portfolio Pulse from Navdeep Yadav

October 26, 2024 | 5:06 am

Tech stocks are rallying as investors anticipate earnings from major companies like Microsoft, Apple, Meta, Amazon, and Alphabet. Tesla continues its upward trend, while the S&P 500 and Nasdaq 100 see gains. The Dow Jones is down, and the U.S. dollar is strengthening. ETFs like SPY, QQQ, and XLK are performing well.

Portfolio Pulse from Piero Cingari

October 25, 2024 | 5:19 pm

McDonald's shares are declining following an FDA report of 75 E. coli infections across 13 states linked to the company.

Portfolio Pulse from Benzinga Newsdesk

October 25, 2024 | 3:13 pm

The FDA reports an E. Coli O157:H7 outbreak linked to McDonald's Quarter Pounders, affecting 75 people across 13 states as of October 24.

Portfolio Pulse from Benzinga Newsdesk

October 25, 2024 | 3:07 pm

The article lists the top 10 trending stocks on WallStreetBets as of October 25, 2024, based on data from Swaggy Stocks. The stocks mentioned are TSLA, NVDA, DJT, AAPL, SOFI, LOT, MCD, GLD, AMD, and QQQ.

Portfolio Pulse from Benzinga Newsdesk

October 25, 2024 | 1:17 pm

Senator Elizabeth Warren criticized McDonald's for raising prices faster than inflation, impacting consumers' ability to afford food. Despite inflation, McDonald's profits surged, and the company spent heavily on stock buybacks. The fast food giant also faces scrutiny over an E. coli outbreak linked to its products.

Portfolio Pulse from Shivdeep Dhaliwal

October 25, 2024 | 3:10 am

McDonald's, Burger King, and Yum Brands have removed onions from their menus due to an E. coli outbreak linked to fresh onions. The outbreak has caused 49 illnesses and one fatality. McDonald's identified Taylor Farms as the source of the contaminated onions, which have been recalled. Despite the outbreak, McDonald's stock saw minimal impact, though an analyst downgraded it to 'neutral'.

Portfolio Pulse from Shivdeep Dhaliwal

October 25, 2024 | 1:04 am

Stuart Stevens, a former GOP strategist, predicts a comfortable victory for Kamala Harris in the 2024 Presidential Election, despite recent polls showing a close race with Donald Trump. Stevens criticizes the Republican campaign and anticipates claims of election rigging.

Portfolio Pulse from Benzinga Neuro

October 25, 2024 | 12:20 am

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.