MCD May 2024 260.000 put
| Previous close | 1.3600 |
| Open | 0.7000 |
| Bid | 0.7200 |
| Ask | 0.8100 |
| Strike | 260.00 |
| Expiry date | 2024-05-24 |
| Day's range | 0.4700 - 0.7000 |
| Contract range | N/A |
| Volume | |
| Open interest | 66 |
- Yahoo Finance Video
McDonald's sales growth setback from Middle East conflict
Are McNuggets no longer selling like hotcakes? McDonald's (MCD) stock slipped Tuesday morning after a mixed earnings report — $6.17 billion in revenue against estimates of $6.15 billion, adjusted earnings per share of $2.70 below estimates of $2.72. Much of McDonald's first-quarter performance has to do with its same-store sale figures — falling below global growth figures from this time last year — heavily attributed to international pressures from geopolitical events and overall rising menu prices. Catalysts Anchor Madison Mills breaks down how boycotts tied to Middle Eastern conflicts have put a damper on McDonald's sales performance. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Luke Carberry Mogan.
- Yahoo Finance Video
McDonald's, Coca-Cola report, investors await Amazon, AMD: Yahoo Finance
It's an earnings blitz on Wall Street today. This morning, McDonald's (MCD), Coca-Cola (KO), and PayPal (PYPL) were among several top names reporting. McDonald's earnings and same-store sales growth both missed expectations. Coke earnings and revenue beat the Street. This afternoon, we will hear from several top tech names, including Amazon (AMZN) and Advanced Micro Devices (AMD), as well as the likes of Starbucks (SBUX) and Pinterest (PINS). Yahoo Finance trending tickers include Tesla (TSLA), MicroStrategy (MSTR), and Coinbase (COIN). Key guests include:9 a.m. ET - Kenny Polcari, Kace Capital Advisors Managing Partner10 a.m., ET - Brett Ryan, Deutsche Bank Senior U.S. Economist11:15 a,m. ET - Matt Schulz, LendingTree Chief Credit Analys
- Reuters
US STOCKS-Wall St falls in lead up to Fed verdict after hot labor costs data
Wall Street's main indexes fell on Tuesday with caution prevailing ahead of the Federal Reserve's interest-rate decision and as stronger-than-expected labor costs hinted at persistent inflation. U.S. labor costs increased in the first quarter amid a rise in wages and benefits, confirming the surge in inflation early in the year that will likely delay a much-anticipated interest rate cut later in 2024. "This pretty much tells you that the Fed is going to be very reluctant to reduce short-term interest rates in 2024 and that's had the predictable impact on the stock market," said Hugh Johnson, chief economist at Hugh Johnson Economics.
