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5 things to know before the stock market opens Wednesday [CNBC]
Last starbucks corporation earnings: 4/28 04:05 pm
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Stocks tumbled on Tuesday to close out a losing month for all three major indexes. The S&P 500 fell 1.57% on the day while the Nasdaq Composite and Dow Jones Industrial Average sank 2.04% and 1.49%, respectively. The Dow lost 5% in April, its worst monthly performance since September 2022. The S&P 500 shed about 4.2% for the month and the Nasdaq lost 4.4%. Despite ending a five-month winning streak, the S&P 500 is up more than 20% from its low in October. Follow live market updates 2. Amazing growth Amazon shares are up about 2% in the premarket after the company reported better-than-expected earnings and revenue for the quarter on Tuesday. Operating income soared to $15.3 billion, up more than 200% compared with a year ago. Net income also more than tripled to $10.4 billion. Advertising revenue accelerated 24% for the quarter, outpacing retail and cloud computing. Sales at Amazon Web Services grew 17%, topping estimates. The earnings growth comes after the company initiated wide
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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]
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SBUX
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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
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