Wall Street Breakfast

McDonald's takes on 'conspiracy' of beef

Oct 8, 2024
McDonald's is taking on major beef producers, accusing them of price-fixing in a bold legal move. The implications could ripple through the market, influencing stock prices and corporate earnings. Meanwhile, Citi remains optimistic on Nvidia, while Wells Fargo revises its investment picks, leaving Amazon behind. The Chinese market faces turmoil with a significant drop, adding pressure on global economic stability. Additionally, a lawsuit emerges connected to drug shortages, reflecting ongoing challenges in healthcare.
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