Stock market today: Stocks rally after Fed decision as Powell soothes rate nerves [Yahoo! Finance Canada]
Starbucks Corporation (SBUX)
Last starbucks corporation earnings: 4/28 04:05 pm
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Source: Yahoo! Finance Canada
The S&P 500 ( ^GSPC ) rose about 0.9%, while the Dow Jones Industrial Average ( ^DJI ) and Nasdaq Composite ( ^IXIC ) both popped over 1%. Fed officials said in a policy statement Wednesday, “In recent months, there has been a lack of further progress towards the committee's 2% inflation objective.” But stocks took a noticeable leg higher after Powell said "it is unlikely the next policy move will be a hike." ADVERTISEMENT Elsewhere in markets, disappointing results from chipmaker AMD AMD ) and server maker Super Micro Computer SMCI ) took the shine off hopes for an AI-fueled boost to the sector. AMD shares sank nearly 10% while Super Micro fell more than 16%. The news weighed more broadly on chipmakers like Nvidia ( NVDA ), which dropped as much as 5%. Read more: What the Fed rate decision means for bank accounts, CDs, loans, and credit cards Meanwhile, earnings season rolls on. CVS ( CVS ) shares slid as much as 18% after the healthcare giant cut its 2024 profit forecas
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SBUX
News
- It's been a bad month for Starbucks. Ex-CEO Howard Schultz agrees [Yahoo! Finance]Yahoo! Finance
- Howard Schultz Was Right: Takeaways From The Starbucks Interview [Forbes]Forbes
- Grocery prices jumped 1.2% last month, as food inflation returns to pre-pandemic levels [Yahoo! Finance Canada]Yahoo! Finance Canada
- MoonFox Analysis | Grabbing the Market, Consumption Transformation under the Low Price Strategy [Yahoo! Finance]Yahoo! Finance
- FRESHREALM NAMES AMAZON VETERAN STACEY WALLACE AS CHIEF SUPPLY CHAIN OFFICER, FURTHER STRENGTHENING ITS END-TO-END PLATFORM [Yahoo! Finance]Yahoo! Finance
SBUX
Earnings
- 4/30/24 - Miss
SBUX
Sec Filings
- 4/30/24 - Form 10-Q
- 4/30/24 - Form 8-K
- 4/24/24 - Form 4
- SBUX's page on the SEC website