Here’s why Starbucks shares can rally after a quarterly earnings miss

Here’s why Starbucks shares can rally after a quarterly earnings miss

Starbucks on Tuesday reported first-quarter earnings and sales that, technically, missed Wall Street estimates — but it was hardly a surprise to investors, including us. Revenue for the three months ended Dec. 31 totaled $9.43 billion, below the $9.59 billion expected by analysts, according to LSEG. On a year-over-year basis, sales rose 8.2%. Starbucks’ adjusted … Read more

Starbucks (SBUX) Q1 2024 earnings

Starbucks (SBUX) Q1 2024 earnings

MIAMI, FLORIDA – JUNE 11: A Starbucks coffee cup sits on a table as the company reported supply shortages at some coffee shops on June 11, 2021 in Miami, Florida. The coffee chain said it had supply shortages for some items due to problems in the supply chain. (Photo by Joe Raedle/Getty Images) Joe Raedle … Read more

Jim Cramer’s top 10 things to watch in the stock market Tuesday

Jim Cramer’s top 10 things to watch in the stock market Tuesday

My top 10 things to watch Tuesday, Jan. 30 Wall Street under some pressure early Tuesday ahead of a flood of after-the-bell earnings. The Dow and the S & P 500 on Monday both closed at record highs for the sixth time in 2024. The Nasdaq finished roughly 3.5% away from its November 2021 record … Read more

Starbucks Oleato olive oil drinks launch across the U.S.

Starbucks Oleato olive oil drinks launch across the U.S.

Starbucks is launching its beverages called Oleato in all U.S. stores. Courtesy: Starbucks Starbucks is launching its olive oil-infused drinks in all U.S. stores beginning Tuesday, the company said. The beverages, named Oleato, debuted in Italy in February 2023 after former CEO Howard Schultz visited the country and noticed locals drinking olive oil daily. The … Read more

5 things to know before the stock market opens Monday

5 things to know before the stock market opens Monday

Here are the most important news items that investors need to start their trading day: 1. Rates and robots For the main factors driving stocks, there are few bigger weeks than the one ahead. The Federal Reserve, which has so far succeeded in its push to curb inflation without triggering a recession in the U.S., … Read more

Activists eyeing tech stocks ahead of expected M&A rebound after lull

Activists eyeing tech stocks ahead of expected M&A rebound after lull

Paul Singer speaking at the Delivering Alpha conference in New York on Sept. 13, 2016. David A. Grogan | CNBC Activist investors are circling the tech market. That’s because, after a two-year plunge in mergers and acquisitions across the industry, there are signs of life to start 2024, with expectations that many more deals are … Read more

Earnings take center stage, but don’t sleep on Fed, Treasury

Earnings take center stage, but don’t sleep on Fed, Treasury

We’ve been relatively free of actions by the Treasury and the Federal Reserve for some time now. The intrusion into the market at the end of October and early November seems like ancient history. This week, however, could change all that. Two releases on Wednesday — the Federal Open Market Committee statement and the Treasury’s … Read more

Wall Street touted 5 portfolio stocks this week. Here’s our call on each

Wall Street touted 5 portfolio stocks this week. Here’s our call on each

It was a fantastic week for stocks. The S & P 500 and the Dow Jones Industrial Average hit record highs as investors digested earnings and prepared for more. In turn, Wall Street analysts made a slew of bullish calls on five of our portfolio names — all of which report earnings next week SBUX … Read more

Fed meeting, labor report, Big Tech earnings

Fed meeting, labor report, Big Tech earnings

CNBC’s Jim Cramer on Friday looked to next week’s happenings on Wall Street, laying out how to prepare for a slew of high-profile earnings, as well as a Federal Reserve meeting and a labor report. Cramer warned that the volume of reports next week coupled with comments from the Fed will make it a tough … Read more

Goldman Sachs predicts 100 million Indians will earn $10,000 by 2027

Goldman Sachs predicts 100 million Indians will earn ,000 by 2027

The increase in wealth has been seen from stronger retail participation, larger investments into the Indian stock markets, and gold and property purchases. Sopa Images | Lightrocket | Getty Images Rising disposable incomes are set to power India’s consumption story, further boosting the country’s consumer sector that is fast becoming a key driver for economic … Read more