McDonald's Stock Hits Record High Following Strong Quarterly Earnings

McDonald's has announced quarterly earnings and revenue that exceeded analyst expectations, resulting in its stock reaching an all-time high. According to NS3.AI, the fast-food giant plans substantial capital expenditure to open approximately 2,600 new locations, aiming for systemwide sales growth. Analysts are divided, offering mixed buy and hold ratings, but generally foresee moderate upside potential for the company's stock.