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Real-time News
McDonalds (MCD.N) reported its fastest-growing U.S. sales in over two years in the fourth quarter, thanks to its value meals continuing to resonate with value-conscious diners. Sales at existing U.S. restaurants rose 6.8% year-over-year, exceeding expectations and reaching the highest level since 2023. The fourth-quarter results demonstrate that efforts including the introduction of more affordable individual items and value meals starting at just $5 are paying off, enabling the burger giant to outperform its competitors. CEO Chris Kempczinski stated in a company statement Wednesday that the focus on affordability helped improve customer traffic in the fourth quarter. The company also noted that average spending per customer in the U.S. increased, thanks to "successful marketing campaigns."Cisco (CSCO.O): Orders for AI infrastructure from hyperscale vendors totaled $2.1 billion, reflecting a significant acceleration in growth.Cisco (CSCO.O) expects its revenue for Q3 of fiscal year 2026 to be between $15.4 billion and $15.6 billion.Cisco (CSCO.O) reported revenue of $15.3 billion for Q2 of fiscal year 2026, compared to market expectations of $15.113 billion.February 12th - U.S. stocks closed Wednesday with the Dow Jones Industrial Average down 0.1%, the S&P 500 down 0.01%, and the Nasdaq Composite down 0.16%. Microsoft (MSFT.O) and Google (GOOG.O) both fell 2%, Nvidia (NVDA.O) and Apple (AAPL.O) rose less than 1%, and Micron Technology (MU.O) rose nearly 10%. The Nasdaq China Golden Dragon Index closed down 0.65%, Kingsoft Cloud (KC.O) rose 10%, and NetEase (NTES.O) fell 4%.
