Starbucks Shares Drop After Dismal Preliminary Quarterly Earnings
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Business - The New York Times
Starbucks Shares Drop After Dismal Preliminary Quarterly Earnings
“We need to fundamentally change our strategy,” the coffee giant’s new chief executive said.3 hours ago -
World - Financial Times
Trump’s ex-chief of staff says he is a fascist and would govern as a dictator
Four-star US General John Kelly's claims were reported in blockbuster comments to The New York Times4 hours ago - Donald Trump -
World - Financial Times
UK ministers explore using break clauses in asylum housing contracts
Home Office aims to revise terms or terminate after being ‘shocked’ by private companies’ profits1 hour ago - United Kingdom -
Business - CNBC
Starbucks shares slide after coffee chain says sales fell again, suspends outlook
The company's same-store sales slid for the third consecutive quarter, fueled by a 10% tumble in traffic to its North American stores.5 hours ago -
World - Financial Times
Investors pile into emerging-market funds that cut out China
Demand for ‘ex-China’ strategies soar as tensions with west linger, despite recent stock rebound14 hours ago - China -
Business - MarketWatch
Starbucks’ latest financials sink shares, as CEO says it’s ‘harder to be a customer than it should be’
Shares of Starbucks fell on Tuesday after the coffee chain offered fresh signs of its struggle to bring back consumers, saying its turnaround efforts “will take time” as its new chief executive ...17 hours ago -
Business - Financial Times
Starbucks scraps 2025 guidance after fall in sales and earnings
New chief Brian Niccol vows ‘to fundamentally change our strategy’ to return to growth19 hours ago -
Business - Financial Times
Tariff surge would damage global growth, IMF warns
In a forecast two weeks before US election the fund says greater protectionism would drag down world economyYesterday -
Business - CNBC
Hyundai Motor India's shares drop 7% on trading debut after record IPO
Hyundai Motor India shares fell 7% on their trading debut Tuesday after a record $3.3 billion initial public offering.Yesterday -
Business - CNBC
Netflix rose 11% after third-quarter earnings beat
Netflix saw momentum in its ad-supported membership tier, which surged 35% quarter over quarter.4 days ago - Netflix -
Business - CNBC
Nvidia and Apple supplier TSMC shares pop after quarterly profit soars on AI demand
TSMC, the world’s largest producer of advanced chips, posted a 54% hike in third-quarter profit.5 days ago - Apple -
Business - CNBC
Netflix third-quarter subscribers barely beat estimates as ad-tier members jump 35%
Netflix's ad-tier memberships jumped 35%. The company is on track to launch the service in Canada in the coming quarter and more broadly in 2025.5 days ago - Netflix -
Entertainment - Los Angeles Times
Liam Payne's cause of death revealed after preliminary autopsy of the One Direction singer
Details about singer Liam Payne's cause of death emerged less than a day after the One Direction alumnus died falling from a hotel balcony in Buenos Aires.5 days ago -
Business - CNBC
United shares hit pre-pandemic high after airline forecasts strong finish to 2024, plans buyback
United Airlines said it authorized a $1.5 billion share buyback, its first share repurchase since before the Covid-19 pandemic.6 days ago -
Business - Financial Times
LVMH shares down 7% after warning of ‘uncertain’ outlook
World’s largest luxury group hit by pullback in Chinese consumer spendingOctober 16 -
Business - Financial Times
23andMe succumbs to a dismal genetic destiny
Was it nature or nurture? In the unhappy case of a DNA testing company and its sliding share price, the answer is bothOctober 16 -
Business - CNBC
ASML share plunge wipes over $50 billion off Dutch chip giant's value
ASML published its third-quarter earnings Tuesday, a day earlier than expected.October 16 - Netherlands -
Business - Financial Times
ASML shares drop sharply after warning on semiconductor recovery
Gloomy outlook from Europe’s most valuable tech company drags down stocks from Nvidia to ArmOctober 15 -
Business - MarketWatch
Nvidia, AMD shares extend drops as investors get spooked — but should they be?
An ASML warning about the health of the semiconductor market is one factor weighing on AI chip stocks Tuesday — but one analyst says Nvidia investors shouldn’t be worried.October 15