A sign is pictured above a branch of the New York Community Bank in Yonkers, New York, U.S., January 31, 2024. Mike Segar | Reuters T his report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where … Read more
KFC and Taco Bell restaurants along 118th Avenue in Edmonton, on January 21, 2024, in Edmonton, Alberta, Canada. Artur Widak | Nurphoto | Getty Images Yum Brands on Wednesday reported quarterly earnings and revenue that missed analysts’ expectations, noting the Israel-Hamas war hurt its sales. Yum is the third global restaurant giant to report disappointing … Read more
FAANG stocks displayed at the Nasdaq. Adam Jeffery | CNBC This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here. What you need to know today Stocks … Read more
Chipotle CEO Brian Niccol told CNBC’s Jim Cramer that the company plans to double its current number of locations. “We really do believe we can double the restaurant count to 7,000,” Niccol said. “We view it as a conservative number, and we view it as something that’s very feasible in the long term.” Tuesday after … Read more
Justin Tallis | AFP via Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here. What you need to know today Stocks advanceU.S. stocks gained … Read more
People visit a Chipotle restaurant in Miami on Feb. 9, 2022. Joe Raedle | Getty Images Chipotle Mexican Grill on Tuesday posted quarterly earnings and revenue that beat analysts’ expectations as more customers visited its restaurants. Shares of the company rose more than 2% in extended trading. Here’s what the company reported compared with what … Read more
A trader works, as a screen displays a news conference by Federal Reserve Board Chairman Jerome Powell following the Fed rate announcement, on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., January 31, 2024. Brendan McDermid | Reuters This report is from today’s CNBC Daily Open, our international markets … Read more
People dit at McDonald’s outdoor seating after going out on a Saturday night along Rothschild Street on June 11, 2022 in Tel Aviv, Israel. Alexi Rosenfeld | Getty Images McDonald’s and Starbucks, two of the biggest U.S. restaurant companies, both said the Israel-Hamas war hurt their sales at the end of last year. Shares of … Read more
Market eases expectations for Fed rate cuts Traders have tempered their expectations for a bit for interest rate cuts following cautionary statements from Federal Reserve officials. The probability of a previously much-anticipated March cut tumbled to just 14.5% Monday morning, according to the CME Group’s FedWatch gauge. The expectation had been above 80% just two … Read more
A “Now Hiring” sign at Jamba Juice in San Francisco, California, US, on Monday, June 26, 2023. David Paul Morris | Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they … Read more
