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Just having a crispy chicken sandwich may not be enough anymore in the fast-food business. McDonald’s said Monday that it is testing hand-breaded chicken, part of a new multi-year strategic plan to upgrade its menu, service, restaurant designs and online marketing. “The competitive landscape is changing and with it, customers’ expectations,” CEO Chris Kempczinski said in a company message.
The filing follows a $965 billion Series H valuation.
Quantinuum lifts its planned Nasdaq IPO after raising both share count and price range.
(Bloomberg) -- McDonald’s Corp. is betting on everything from fancier chicken to new playgrounds as part of a campaign to make fast food feel less like fast food.Most Read from BloombergUS Says Deals With Iran for Safe Hormuz Transit Are ProhibitedBerkshire Hathaway to Buy Taylor Morrison for $6.8 BillionA Rare ‘Super’ El Niño Is Looking More Likely. Here’s What to ExpectRussia Finance Officials Tell Putin War Spending Is UnaffordableStocks Up as Trump Cites Rapid Pace in Iran Talks: Markets Wra
Jason Robins: Thank you, Mike. Adjusted EBITDA increased 64% year-over-year to $168 million. If not for our significant investment in Predictions and the launch of Sportsbook in Arkansas, our adjusted EBITDA would have exceeded $200 million.
Cerebras offers a new way to play the AI boom through chips.
Ken Cook: Thank you, Aaron, and good morning, everyone. Let me start by thanking our franchisees, restaurant teams and company employees who together as One Wendy's, have stayed focused on improving restaurant operations elevating the customer experience and enhancing franchisee economics. Internationally, our business continues to expand in key growth markets, and we are excited to have recently signed a franchise agreement to expand into China, further strengthening our development pipeline, I'll share more on this in a moment.
Investing.com -- Citi has turned bullish on copper after several months of a broadly neutral stance, raising its near-term price forecast to $14,500 per metric ton and targeting $15,000 per ton within the next six to twelve months, driven by U.S. tariff tailwinds, tighter supply and resilient demand from energy transition and AI infrastructure.
The separation creates an independent less-than-truckload carrier focused on North America.
Zoom Communications stock jumped more than 12% on Monday, boosted by Anthropic’s IPO buzz and the launch of its new agentic AI workspace.
HSBC is rebuilding its Hong Kong dealmaking push as IPO activity could top $43 billion in 2026.
Investing.com -- Jefferies downgraded shares of Redwire to Hold from Buy, arguing that the space infrastructure company's sharp stock rally has largely priced in its bullish growth outlook, leaving limited near-term upside despite strong industry tailwinds.
CHICAGO, June 1 (Reuters) - Merck is in discussions with various global health authorities about making its COVID antiviral pill molnupiravir available as an Ebola treatment to address the widening outbreak in the Democratic Republic of Congo, a senior executive told Reuters. The outbreak, which has so far infected a suspected 1,100 people and resulted in 42 deaths, involves a rare strain of the virus called Bundibugyo for which there are no approved vaccines or treatments.
During this quarter, we continued scaling our HPC platform at Lake Mariner with 60 megawatts of critical IT capacity energized and generating revenue as of March 31. Importantly, this is the first period, where HPC leasing is meaningfully reflected in our financials, contributing $21 million of lease revenue during the quarter. At the same time, we are transitioning portions of our legacy mining footprint to support higher-value HPC workloads.
James Breuer: Thank you, Jason. What differentiates us is not simply the scale of the projects we pursue, but the discipline with which we pursue them and the depth of our technical expertise and project delivery track record. During the front-end phase, we work with our clients to plan the project and establish a solid foundation for the scope, cost and schedule of the execution phase, which kicks off after the final investment decision by the customer.
Find insight on Cogeco Communication, the memory shortage and more in the latest Market Talks covering technology, media and telecom.
Abel took the reins of Berkshire at the start of the year, and he's been fairly active since.
The chip giant will work with manufacturers including Dell, Lenovo and HP to make the laptops, designed to support agentic computing.
S&P 500 companies' quarterly earnings growth held steady at nearly 28% compared with financials repo
Tesla's Optimus robot may have a new challenger, and it's the one CEO Elon Musk least wanted to see: OpenAI.
Nvidia CEO Jensen Huang hosted top South Korean tech executives including the boss of chipmaker SK Hynix at a boisterous dinner on Monday, as he looks to deepen ties with key partners ahead of what he called an "incredibly busy" stretch for the AI boom. SK Hynix CEO Kwak Noh-Jung, executives from Samsung Electronics, LG Electronics and Naver were among those at the "Korean Partner Night", held at a traditional Taiwanese restaurant in Taipei on the sidelines of the Computex trade show. "Korea is a critical part of our ecosystem."
The European stock markets were lower in Monday trading while oil prices soared as fighting in the M
A potential IPO from SpaceX (NASDAQ:SPCX) could dramatically reshape the history of global public offerings, with the Elon Musk-led company reportedly targeting a valuation that would eclipse every previous stock market debut. If current expectations hold, SpaceX could raise far more capital than any company before it and potentially become the first IPO to debut with a valuation approaching $2 trillion.
SpaceX’s (NASDAQ:SPCX) newly released investor prospectus has offered the public its clearest look yet at the finances, ambitions and internal workings of Elon Musk’s flagship company ahead of its planned $1. 75 trillion stock market debut next month.
BRUSSELS/AMSTERDAM, June 1 (Reuters) - The European Union plans to propose strict criteria for cloud computing services in highly critical state tenders that could exclude Amazon, Microsoft and Google from such projects, according to documents seen by Reuters. The proposal is part of the European Commission's Cloud and AI Development Act, which EU tech chief Henna Virkkunen will unveil on Wednesday as part of a package aimed at reducing the bloc's dependence on U.
Quantinuum is set to make the biggest trading debut for any quantum company this year. As anticipation rises, the company is upsizing its initial public offering to as much as $1.46 billion. Quantinuum indicated Monday that it plans to offer 26.5 million shares at prices ranging from $53 to $55 each, compared with earlier plans to sell roughly 21 million shares for $45 to $50 each.
A 60-year-old with $5 million in retirement assets peels off $1 million for 30-year Treasury Inflation-Protected Securities and lets the remaining $4 million chase growth. The host of the Retire SMART Podcast walked through exactly this allocation on Ep. 419, “Bond vs Bond Fund,” arguing that individual TIPS can carry the income side of a ... I’m 60 with $5 million for retirement: should I lock $1 million in 30-year TIPS for guaranteed income?
Instead, FedEx’s spinoff—FedEx Freight trades under the symbol FDXF—is complete. FedEx was at $333 in late-morning trading, down about 1% from its Friday close north of $411. FedEx Freight shares were trading for $164, up about 2.5% from its late Friday price of about $160.
(Bloomberg) -- Walmart Inc. is limiting staff’s usage of an artificial-intelligence tool following high demand, illustrating how corporations are adjusting their calculations for incorporating the technology.Most Read from BloombergUS Says Deals With Iran for Safe Hormuz Transit Are ProhibitedBerkshire Hathaway to Buy Taylor Morrison for $6.8 BillionA Rare ‘Super’ El Niño Is Looking More Likely. Here’s What to ExpectStrait of Hormuz Ship Transits Are Rising Thanks to US HelpPro-Trump Outsider Wi
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