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The Marked Chart Wire · Business
McDonald's
McDonald's is trialing a two-item value meal priced between $3.50 and $4 at select US locations. The move aims to boost sales, which grew just 0.8 percent in the second quarter, as the company seeks to attract budget-conscious diners.
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Deals
Nvidia is said to be negotiating to offer financial guarantees for a $45 billion cloud agreement involving Anthropic.
HotSymbotic
Symbotic announced a multiyear agreement with Walmart involving roughly $6 billion in initial spending commitments. The deal includes a $125 million investment in new racking technology and expands prior contracts across the Americas.
HotSanDisk
SanDisk reported first-quarter revenue of $11.03 billion and adjusted earnings per share of $49.51, driven by high storage prices for AI data centers. The company guided for second-quarter revenue between $12.2 billion and $12.6 billion.
HotAmazon Earnings
Amazon shares fell 5 percent after hours as Q3 revenue of $201.9 billion and holiday guidance disappointed investors. AWS revenue grew 39 percent to $46 billion, but quarterly capital expenditures reached $75.8 billion.
HotIntel
Intel stock fell nearly 17% after hours as the company guided Q4 revenue to $15B-$16B, below the $17B estimate. Gross margins are expected to decline to 37% due to rising memory costs and a persistent PC market slowdown.
Starbucks
The coffee chain reported 7.7 percent growth in domestic repeat customer revenue, beating its own 6.5 percent target. Adjusted profit per share reached $0.80, while the firm shut down 250 underperforming sites in the region.
Fast headlines, summarized. Not verified and not advice. Check the full story before you act.