Nvidia Gains, Coinbase Rises, McDonald's Up After Goldman Upgrade
On this episode of Stock Movers:
-Nvidia (Ticker NVDA) shares rise after hitting a record high on Friday, a day after CEO Jensen Huang met with President Donald Trump, according to people familiar. There are no details on the talks, but it comes before Huang's planned trip to China.
-Coinbase (Ticker COIN) shares gain after Bitcoin breached the $118,000 level, which triggered over a billion dollars of shorts against the token getting liquidated over the past 24 hours, according to data compiled by Coinglass.
-Mcdonald's (Ticker MCD) shares are up after Goldman analyst Christine Cho upgraded the company to buy from neutral.Year-to-date sales performance for fast food operators has been pressured amid weakness in low income consumers, as well as the middle-income cohort, but McDonalds ultimately has the scale, marketing, digital advantage to successfully navigate through this environment.
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