McDonald's has announced a strategic decision to increase franchisee royalty charges from 4% to 5%.
Franchisees operate 95% of McDonald’s 40,000 global locations.
McDonald’s stock is undergoing challenges, witnessing a 4% decline this month.
After a long hiatus in the dumps, Alibaba Group Holding Limited (NYSE: BABA) is coming back in view of some investors’ radars on the back of recent earnings announcements anddeals to further fortify its balance sheet.
Nvidia reached a record high of $502 on August 24th, then suffered a 15% decline from the peak.
If the stock breaches the $403 level, it could potentially fall to $400.
Despite the fluctuations, Nvidia maintains a robust year-to-date gain of 184%.
There’s no denying that we’ve seen signs of distribution, from key stocks like Apple, Inc. (NASDAQ: AAPL) and Tesla Inc. (NASDAQ: TSLA) breaking down to breadth conditions that have become less bullish by the week.