McDonald's demonstrates resilience amid macro headwinds, outperforming chain restaurant peers despite a ~15% YTD decline from its peak. I reiterate my buy rating as MCD offers compelling value at 21.9x FY26 P/E and 20.0x FY27 P/E, now at the lower end of peer valuations. Dividend strength is evident, with a 2.6% yield and a decade of consistent growth, positioning MCD as a viable alternative to cash.
Wall Street's careening trajectory has left investors grappling with a highly volatile macro climate. Despite brief relief from a tentative US-Iran ceasefire, the Federal Reserve's latest Summary of Economic Projections paints a hawkish picture – slashing GDP expectations while projecting sticky PCE inflation at 3.6%.
Essential Property Realty Trust remains a hold as current valuation offers insufficient margin of safety despite recent credit rating upgrades. EPRT's business model targets higher cap rates from non-investment grade, middle-market tenants, trading off higher risk for AFFO growth outperformance. Valuation using NAVPS and WACC methodology shows EPRT is 6.22% overvalued relative to its current share price, indicating efficient market pricing.
The number of people employed in German industry in 2025 fell to a 10-year low of just 6.6 million workers, a study by the German Economic Institute (IW) showed on Thursday.
The USD/CHF exchange rate rose modestly after the Federal Reserve left interest rates unchanged on Wednesday, with investors now turning their attention to the Swiss National Bank's upcoming monetary policy decision. It was trading at 0.7988, up slightly from this week's low of 0.7900.
Nature of the change: The proposed governance code modifies the automatic liquidation of rewards into an accumulation strategy. Mobilized capital: The Bittensor network emits approximately 7,200 TAO tokens daily, valued at more than $1.8 million. Development status: The initiative remains in the testing phase within GitHub and faces technical reviews due to bottlenecks.
Noam Shazeer is leaving Google to join OpenAI as competition for AI talent intensifies. Shazeer is a Google veteran and the founder of chatbot startup Character.AI.
The estimated leverage for XRP on the Binance platform has recorded a rise, reaching an approximate value of 0.1899. Active addresses on the blockchain network remain stalled in a steady band close to 28,300 users. The cryptocurrency's social volume recorded a sharp rebound at the end of May and early June.
Leading cryptocurrencies were red, while stock futures rallied overnight on Wednesday after President Donald Trump signed a historic "Memorandum of Understanding" with Iran to end all hostilities. Cryptocurrency 24-Hour Gains +/- Price (Recorded at 9:25 p.m.
Amplify AI Powered Equity ETF tracks the AI Powered Equity Index, which selects constituents using the model that runs on the IBM Watson platform. Despite having a strategy powered by AI, AIEQ has not demonstrated consistent outperformance versus IVV and QQQ. It has trailed the former by close to 12% since January 2024. I remain neutral on AIEQ owing to its clearly disappointing performance, gargantuan turnover of 804%, and high expense ratio of 75 bps.
Even when excluding the significant upward revisions to Energy sector estimates, aggregate Q2 earnings estimates for the remainder of the S&P 500 index would still be in positive territory since the start of April.
Apple plans to raise prices due to a surge in the costs of memory and storage chips, CEO Tim Cook told The Wall Street Journal (WSJ) in a report posted Wednesday (June 17).
Gold rose in early Asian trade after the Fed left rates unchanged overnight.
PBOC sets USD/CNY reference rate at 6.8130 vs. 6.8096 previous
Arthur J. Gallagher & Co. (AJG) Discusses Strategic Pillars, Growth Drivers and Financial Outlook Transcript
An address linked to the LayerZero (ZRO) team or an early investor has transferred 3.51 million unlocked ZRO tokens to Binance, drawing attention from on-chain watchers tracking insider wallet activity.
After a brief pullback, the U.S. stock market climbed towards all-time highs on optimism about peace talks. Meanwhile, Bitcoin bulls were fighting an uphill battle.
Oil prices fell in early trading on Thursday after the U.S. and Iran signed an interim agreement that would end the Iran war, reopen the Strait of Hormuz and waive U.S. sanctions on Tehran's oil, resolving the largest energy supply disruption in history.
Micron Technology is rated Strong Buy with a $1,673/share target, driven by tight memory markets and accelerating agentic AI adoption. MU's strategic expansion in DRAM/NAND capacity, backed by the transition towards multi-year customer agreements, positions it to capitalize on persistent supply constraints through at least 2028. Forecasts for eq3'26 include $35b net revenue and $19.89 EPS, with robust operating leverage and positive pricing dynamics supporting margin resilience.
A Ready Card service halt outside the EEA shows how stablecoin payment products still depend on issuer relationships and regulated card rails.
A hawkish shift from the Federal Reserve has seen markets rapidly reprice the US rates outlook, pushing Treasury yields and US dollar higher in the process. The result is a widening in interest rate differentials, helping propel USD/JPY back towards levels that previously forced the Ministry of Finance into action.
As earnings expectations continue moving higher, these retail stocks could have additional room to run, making them attractive candidates for growth-oriented investors.
SLB N.V. (SLB) Analyst/Investor Day Transcript
French authorities said that government cybersecurity researchers will stop certifying security products that lack quantum-resistant encryption beginning in 2027.
Ripple CTO Emeritus David Schwartz highlighted XRP use cases spanning payments, tokenization, decentralized finance, interoperability, and artificial intelligence ahead of Ripple Swell 2026. His message focused on real-world adoption and community-driven development as Ripple prepares for its largest Swell event.
Noam Shazeer, a vice president of engineering at Google and co-lead of its Gemini artificial intelligence models, said on Wednesday he will leave the company to join OpenAI.
Busch's consistent share purchases amid price drops may signal confidence in ABTC's long-term potential, despite current market challenges. American Bitcoin Corp board member Richard Busch buys 450K shares for $391,500.
Japan's equity market is re-emerging as an attractive investment destination after decades of stagnation and cultural shifts away from profit maximization. The WisdomTree Japan Hedged Equity Fund ETF offers USD investors exposure to undervalued Japanese equities while mitigating currency risk. DXJ enables participation in Japan's renewed growth potential without the volatility of direct yen exposure or unhedged ETFs.
Astera Labs is rated a Strong Buy, driven by its emergence as the neutral connectivity layer in AI infrastructure, not just a retimer supplier. ALAB's Q1 2026 revenue surged 93% year-over-year to $308.4M, with 76.3% GAAP gross margin and robust Q2 guidance indicating accelerating growth. Scorpio X-series Fabric Switch positions ALAB at the heart of AI rack-scale architectures, enabling deeper integration and higher revenue per AI platform.
Even though the majority of cryptocurrencies are having difficulty regaining momentum following recent corrections, Hyperliquid remains one of the market's strongest assets.