Starbucks stock has been on a hot streak, but Jefferies analyst Andy Barish says it's time to book profits. Barish cites concerns about same-store sales, margin gains, and earnings growth. He also notes that Starbucks has pulled back on guidance and is cutting costs.
Published on: February 25, 2025, 05:02 PM UTC
US stocks fell Tuesday as President Trump's tariff threats and potential toughening of China curbs weighed on market optimism and interest rate cut chances. Consumer confidence also plummeted in February, notching its biggest monthly decline in more than four years as 12-month inflation expectations jumped and recession fears escalated.
Published on: February 25, 2025, 05:02 PM UTC
The Philippines plans to import liquefied natural gas from Alaska to meet energy needs. The Alaska LNG export project has faced challenges, but the US has prioritized its development.
Published on: February 22, 2025, 02:00 PM UTC
Car companies like Mercedes-Benz are not prioritizing robotaxi fleets like Tesla as they focus on selling driverless technology to individual customers.
Published on: February 22, 2025, 02:00 PM UTC
Justice Department investigates UnitedHealth's Medicare billing practices, sending its stock plummeting.
Published on: February 22, 2025, 01:00 AM UTC