2024-05-24 06:50:04 ET
Summary
- Burger King and McDonald's are both bringing back their $5 value meals, highlighting the pressure to attract lower-income consumers.
- The U.S. SEC has approved applications for spot ethereum ETFs, a significant development for the crypto world.
- Nvidia is cutting the price of its AI chip in China to compete with Huawei, signaling increased competition and oversupply in the market.
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Burger King ( QSR ) to launch $5 value meal to outshine McDonald’s (MCD). (00:30) SEC approves spot ethereum (ETH-USD) ETFs in huge win for crypto world. (01:48) Nvidia ( NVDA ) cuts AI chip price in China amid competition from Huawei - report. (02:41)...
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Wall Street Breakfast Podcast: Inflation Fuels Burger King, McDonald's $5 Meal Showdown