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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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May 2, 2026 / Tyler Durden
The Cheap Foreign Labor Regime Blocking Agricultural Intelligence
The Cheap Foreign Labor Regime Blocking Agricultural Intelligence
Authored by RJ Hauman via American Intelligence,
I grew up in Camarillo, California: fertile soil, Mediterranean climate, strawberries, avocados, lemons, citrus, and family farms passed down through generations. The kind of place that sells itself, and does.
Read the city’s own description of its agricultural economy and you will find every word you would expect: rich agricultural legacy, farming passed down, agricultural education, sustainability, drip irrigation, precision sensors, AI-driven robotics, research partnerships, and a North American AgTech market projected to reach $16 billion by...
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Sep 21, 2026 / Tyler Durden
Nvidia CEO Says "Zero Percent" Chance Of AI Making Humans Extinct
Nvidia CEO Says "Zero Percent" Chance Of AI Making Humans Extinct
Authored by Chris Summers via The Epoch Times,
Nvidia CEO Jensen Huang has rejected the claims of some artificial intelligence researchers that the technology could wipe out humanity, calling the arguments "doomsday narratives."
Huang said in a Sept. 17 interview with CBS News that predictions made by former Anthropic researcher Jacob Coxon and Anthropic's alignment science lead, Evan Hubinger, were not grounded in science.
Coxon said in a Sept. 9 post on X that the "people building AI earnestly believe that it...
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Oct 20, 2026 / Tyler Durden
Amid 'Compromise' Chaos, Analyst Sees 90% Chance Of Iran War Round 3 As Hegseth Makes 'Secretive' Israel Visit
Amid 'Compromise' Chaos, Analyst Sees 90% Chance Of Iran War Round 3 As Hegseth Makes 'Secretive' Israel Visit
The Monday surprise visit of US Secretary of War Pete Hegseth to Israel where he met with Prime Minister Benjamin Netanyahu has set off an avalanche of speculation regarding the likelihood of another major round of fighting in the Iran war.
The trip has been presented by Axios as happening under some degree of secrecy, with talks having taken place at the Ovda Air Base in southern Israel, which plays host to US refueling planes and...
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