Dip-buying absent in early NY trading, Wall Street deep in red as trade war fears escalate despite strong jobs report. Investors on edge for hints from Fed Chair Powell.
Starbucks has followed the market’s trajectory closely. The stock is down 8.8% to $88.10 per share over the past six months while the S&P 500 has lost 6.9%. This might have investors contemplating their next move.
Several restaurant stocks are taking a beating on Thursday as broader markets tumble in reaction to sweeping reciprocal tariffs from the Trump administration.
Shares of coffeehouse chain Starbucks (NASDAQ:SBUX)
fell 10.7% in the morning session after President Trump announced "reciprocal tariffs" on all US imports, set at a rate of 10% or more. Markets reacted negatively to the announcement, reflecting deep concerns among investors about the broader economic implications. The tariffs were likely seen as a significant threat to global trade flows, with the potential to slow economic growth, drive up consumer prices, and spark retaliatory measures.
Wrapping up Q4 earnings, we look at the numbers and key takeaways for the traditional fast food stocks, including Jack in the Box (NASDAQ:JACK) and its peers.
Five of the hottest buys for April have what it takes for their stock prices to move higher: strong results, a positive outlook, and support from the analysts.
Amid layoffs and economic anxiety, Gen Z workers are adopting Steve Jobs-inspired work uniforms to reduce decision fatigue, blend in at the office, and feel more in control of their careers.
In recent years, Corporate America has found itself at the center of a cultural and ideological tug-of-war. On one side, progressive voices push for greater diversity, equity, and inclusion (DEI) in workplaces, arguing that such initiatives foster fairness, representation, and innovation. On the other, a growing anti-DEI movement has emerged,
As the Q4 earnings season wraps, let’s dig into this quarter’s best and worst performers in the traditional fast food industry, including McDonald's (NYSE:MCD) and its peers.
The sell-side activity we’ve seen today came from bigger fish out there, which is one reason why the Nasdaq isn’t doing anywhere near as “well” as the S&P 500 today.
Chagee Holdings Limited, a premium tea drink brand, has filed with the Securities and Exchange Commission to list its ADSs on the Nasdaq Global Select Market under the ticker "CHA." The company aims to fuel its expansion in the growing freshly-made tea drinks market through this IPO.
