Sorry, I’m Still Bearish – Unless This Happens [Forbes]
Starbucks Corporation (SBUX)
Last starbucks corporation earnings: 4/28 04:05 pm
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US:NASDAQ Investor Relations:
investor.starbucks.com/ir-home/default.aspx
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Source: Forbes
Getty ImagesSpeculative frenzy has seemingly gripped markets again. The S&P 500 is back at all-time highs. TeslaTSLAWhat is going on? Is it 2020 again?Indeed, the best analog for recent market moves is almost exactly one year ago to the day. I pointed this out in this column two weeks ago by highlighting bitcoin’s unique outperformance against the stock market. Correlation between BTC and the NasdaqNDAQBitcoin’s big breakout last year was an early tell that investors were about to get exactly what they wanted: a massive amount of stimulus. Stocks caught up to crypto just as they’re doing now, and nerves around the presidential election quickly gave way to euphoria over the massive money-drop that arrived with a second batch of stimmy checks. Every asset under the sun mooned.I don’t know what the expectation is this time.Earnings are doing great, but big tech growth rates have peaked and the most impressive gains are being made in sectors that are less important to the broad indexes. P
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SBUX
News
- Cramer's week ahead: Fed meeting and earnings from Apple, Amazon, Eli Lilly [CNBC]CNBC
- Starbucks Co. (NASDAQ: SBUX) had its price target lowered by analysts at Wedbush from $95.00 to $92.00. They now have a "neutral" rating on the stock.MarketBeat
- Starbucks, Workers United made 'significant progress' in this week's contract talks [MSNBC.com]MSNBC.com
- SpaceX asks Texas judge to block NLRB case over severance agreements [Reuters]Reuters
- Starbucks, Workers United made ‘significant progress' in this week's contract talks [CNBC]CNBC
SBUX
Earnings
- 1/30/24 - Miss
SBUX
Sec Filings
- 4/24/24 - Form 4
- 4/22/24 - Form 144
- 4/17/24 - Form 4
- SBUX's page on the SEC website