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McDonald’s Sales Surge, Kraft Heinz Pauses Split
Published 2 weeks, 3 days ago
Description
Market update for Thursday February 12, 2026
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In today’s episode:
- AI disruption concerns continue to pressure financial and software stocks
- McDonald’s U.S. same-store sales jump 6.8%
- Kraft Heinz pauses its planned breakup and commits $600M to revive growth
- Viking Therapeutics rallies as it advances its oral obesity pill to Phase 3 trials
- Cisco beats earnings but falls on margin pressure and cautious AI guidance
- Fun Fact: Americans are spending more of the workday sitting