McDonald's (MCD) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
McDonald's has decided to discontinue its trial of an artificial intelligence (AI)-assisted ordering system at select drive-through restaurants. The decision comes after videos of numerous order errors went viral online, highlighting the system's limitations.
McDonald's is ending its AI drive-thru trial after customers reported errors in their orders - including bacon being added to ice cream.
McDonald's is ditching its AI ordering system after too many customers wound up with hilarious, wonky orders from the artificial intelligence tech.
McDonald's (MCD) benefits from the robust loyalty program, menu innovation, expansion efforts and global comps growth. However, high costs hurt.
McDonald's is ending a two-year experiment, conducted with IBM Corp., for drive-through, automated order taking, or AOT, and will remove the technology, following some mishaps at the more than 100 restaurants using it.
24/7 Insights McDonald's Corp. (NYSE: MCD) wants to cut labor costs to improve profits and its share price.
In the most recent trading session, McDonald's (MCD) closed at $253.51, indicating a -0.03% shift from the previous trading day.
MCD now features a dividend yield that's near peak levels in at least 5 years, indicating attractive valuation. But on the negative side, I am seeing high food price inflation as a key profit headwind. It is impacting both consumer spending and MCD's menu prices, both could decrease customer flow.
Companies have touted AI as future of the industry, but technology has also resulted in viral videos of wrong orders
After two years of testing, McDonald's has ended its partnership with IBM to develop an artificial intelligence (AI)-powered drive-thru system. The collaboration, which aimed to change the fast-food ordering process by replacing human workers with voice-activated chatbots, had been a closely watched experiment in the industry.
Angry customers reported glitches with the new technology -- including one who says the machine added nine sweet teas to her order.