Month: February 2024

McDonald’s: Buy The Dip

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🍔 🍔 McDonalds: Buy The Dip. Low-income customers making less than $45k per year have largely stopped ordering from McDonald’s, the fast-food giant’s CEO Chris Kempczinski admitted Monday on an earnings call
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Uber: Buy On The Dip

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🚗 🚘 Uber reports tomorrow, the stock is up 14.5% in 2024, and 46% since last reporting three months ago
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Yum China Shines

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🇨🇳 🇨🇳 Yum China, the operator of KFC-, Pizza Hut-, and Taco Bell-licensed restaurants in China hiked its dividend 23% and announced a $1.25 billion stock buyback
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JPMorgan Plans An Aggressive Expansion

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🚨 🚨 JPMorgan says it is embarking on one of its most aggressive bank branch expansions in recent years, with plans to add more than 500 new U.S. locations by 2027
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Fed’s Mester: Fed Can Cut Later This Year

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🚨 🚨 Fed’s Mester: Monetary policy is in a good place. Fed can cut later this year
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Nvidia And Cisco To Build In-House AI Systems

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🚨 🚨 Nvidia Corp. and Cisco Systems Inc. are teaming up to make it easier for corporations to build their own AI computing infrastructure, an attempt to push the technology beyond the big data-center providers
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UBS Will Resume Buybacks

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🚨 🚨 UBS Group AG will resume share buybacks this year, vowing to hand as much as $1 billion to shareholders in the second half as it seeks to move beyond the integration of Credit Suisse
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China’s CSI Climbs 7%

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🇨🇳 🇨🇳 BREAKING: China’s CSI 1000 index surges 7% after Chinese President Xi discusses stabilizing markets with regulators. The CSI 1000 index is on track for its biggest single day gain in history
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