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McDonald's Sinks To Four-Year Low As Deutsche Bank Sours On Turnaround Hopes
McDonald's Sinks To Four-Year Low As Deutsche Bank Sours On Turnaround Hopes
McDonald's shares tumbled as much as 5.9% on Wednesday, the sharpest intraday decline since the early-2020 Covid selloff, before closing down 4.8% at their lowest level since 2022.
The Big Mac quick-service restaurant chain's investor day heightened Wall Street concerns that softening US sales, coupled with plans for massive investments across restaurant locations, could pressure cash flow and shareholder returns, weighing on the stock for the foreseeable future.
McDonald's held its investor day at its Chicago headquarters on Wednesday. CFO...
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Mar 9, 2026 / Tyler Durden
Iran Hails Deadly Cluster Bomb Attack On Central Israel: 'First Wave Under New Ayatollah'
Iran Hails Deadly Cluster Bomb Attack On Central Israel: 'First Wave Under New Ayatollah'
Since the start of Operation Epic Fury against Iran, Israel has suffered some rare mass casualty events and major destruction of sectors of its cities, especially in Tel Aviv.
The official death toll stands at eleven civilians killed, and dozens wounded and injured; while Israel's military just suffered two troop deaths in southern Lebanon.
The most devastating single incident was when nine people were killed in an Iranian missile strike on Beit Shemesh near Jerusalem on March 1,...
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Jul 20, 2026 / Tyler Durden
Houthis Announce Blockade On Saudi Shipping, Threaten Drone & Missile Attacks On Kingdom
Houthis Announce Blockade On Saudi Shipping, Threaten Drone & Missile Attacks On Kingdom
Yemen's Houthi rebels have announced they are imposing a new maritime embargo against Saudi Arabia in response for a recent attack on Sanaa Airport, and after years of the kingdom leading a blockade of Houthi-controlled Yemeni ports.
A military statement by Houthi spokesman Yahya Saree said the maritime ban on all Saudi shipping will be effective immediately in what he declared as an "equation of 'an eye for an eye.'"
via Middle East Eye
However, details of what this 'embargo' will...
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Jul 27, 2026 / Jason Ditz
Israeli Troops Fire on Southwest Syrian Village, Leaflets Warn Villagers Against Blocking Roads
One day after Israeli drones dropped leaflets over villages in the Yarmouk Basin admonishing Syrians against trying to block roads used by the invading Israeli military, troops attacked the residential area of al-Maariyah. The reports have Maariyah taking extensive fire, targeting homes, though incredibly, no civilian casualties have been confirmed in the shooting incident. During […]
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