McDonald's ending AI drive-thru ordering [FOX Business Network]
![FOX Business Network](../../../Content/images/providers/FOX Business Network.png)
McDonald's Corporation (MCD)
Last mcdonald's corporation earnings: 4/30 06:58 am
Check Earnings Report
US:NYSE Investor Relations:
corporate.mcdonalds.com/mcd/investors.html
Company Research
Source: FOX Business Network
McDonald's has informed franchisees that it is ending an artificial intelligence drive-thru order taking program, a report says. In a message obtained by Restaurant Business magazine, McDonald's USA Chief Restaurant Officer Mason Smoot said "after a thoughtful review, McDonald's has decided to end our current partnership with IBM on AOT [automated order taking] and the technology will be shut off in all restaurants currently testing it no later than July 26, 2024." More than 100 McDonald's locations were testing the technology, dating back to 2021, according to the magazine. "While there have been successes to date, we feel there is an opportunity to explore voice ordering solutions more broadly," Smoot reportedly added, noting that the company will make "an informed decision on a future voice ordering solution by the end of the year." McDonald's did not immediately respond Monday to a request for comment from FOX Business. Ticker Security Last Change Change % MCD
Show less
Read more
Impact Snapshot
Event Time:
MCD
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
MCD alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
MCD alerts
High impacting McDonald's Corporation news events
Weekly update
A roundup of the hottest topics
MCD
News
- McDonald's $5 value meal hits menus as the Golden Arches looks to bring customers back [Yahoo! Finance Canada]Yahoo! Finance Canada
- McDonald's $5 value meal hits menus as the Golden Arches looks to bring customers back [Yahoo! Finance]Yahoo! Finance
- McDonald's, its rivals offer $5 meal deals to lure back budget-conscious consumers. Will the plan work? [FOX Business Network]FOX Business Network
- California fast-food franchise owners, consumers feel brunt of minimum wage hike [Yahoo! Finance]Yahoo! Finance
- California fast-food franchise owners, consumers feel brunt of minimum wage hike [Yahoo! Finance Canada]Yahoo! Finance Canada
MCD
Earnings
- 4/30/24 - Miss
MCD
Sec Filings
- 6/21/24 - Form 4
- 6/21/24 - Form 144
- 6/11/24 - Form 11-K
- MCD's page on the SEC website