Here's Why Jim Cramer is Bearish on Canada Goose Holdings Inc (NYSE:GOOS) [Yahoo! Finance]
McDonald's Corporation (MCD)
Last mcdonald's corporation earnings: 4/30 06:58 am
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Source: Yahoo! Finance
But first, let's see his take on the current situation of the financial markets. Jim Cramer in a latest program yet again lamented over the market's obsession about the Fed's stance over sticky inflation, saying the latest Fed minutes from April 30 to May 1 spooked investors because the central bank officials seem to be getting “impatient” with the inflation's slower-than-expected decline. However, Cramer said that economic data released after these Fed minutes showed that the labor market as well as inflation are cooling, exactly what the Fed wants. Cramer said had the Fed officials seen this data before, their minutes would have been different. Cramer said that the Fed needs to know that their “inflation lamentation” from three weeks ago isn't necessary. Jim Cramer said that consumer spending has been the biggest issue for the Federal Reserve as they wonder, “is they any place that's too high for them (consumers).” Cramer acknowledged that without putting brakes on consumer
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MCD
News
- McDonald's ending AI drive-thru ordering [FOX Business Network]FOX Business Network
- Fast food chains launch 'value menu' war after cost complaints. Will it last? [Yahoo! Finance]Yahoo! Finance
- Fast food chains launch ‘value menu' war after cost complaints. Will it last? [Los Angeles Times (CA)]Los Angeles Times
- How Traffic Changed At California Restaurants After The Minimum Wage Increase [Yahoo! Finance]Yahoo! Finance
- McDonalds is removing its AI drive-thru voice ordering system from over 100 restaurants after its mishaps went viral [Business Insider]Business Insider
MCD
Earnings
- 4/30/24 - Miss
MCD
Sec Filings
- 6/11/24 - Form 11-K
- 5/31/24 - Form 3
- 5/30/24 - Form 4
- MCD's page on the SEC website