Starbucks Q3 EPS $0.59 Down From $1.01 YoY, Sales $7.60B Miss $8.10B Estimate
Starbucks (NASDAQ:SBUX) reported quarterly earnings of $0.59 per share. This is a 41.58 percent decrease over earnings of $1.01 per share from the same period last year. The company reported quarterly sales of $7.60
Waning consumer sentiment has returned to weigh on semiconductor shares' performance Friday (July 22), snapping a three-week rally.Investors continue to grapple with mixed demand trends across foundries and fabless semiconductor companies - TSMC reported robust long-term demand this week, while memory chipmakers warned of slowing consumer demand.For AMD and Marvell though, both continue to benefit from robust secular demand for data center, carrier network, and automotive semiconductor solutions, while maintaining limited exposure to impacted consumer end-markets.With both companies exhibiting a sustainable long-term growth trajectory to continue expansion of their respective profit and cash margins, the semiconductor sector's recent underperformance has created an attractive entry opportu
Tesla Suffered "Small Loss" On Bitcoin Sale, Analysis Shows
$Tesla Inc(TSLA)$’srecentBitcoinBTC/USDsale was made at a small loss,a new report fromArcane Researchfinds.What Happened:Arcane’s analysts estimated that Tesla sold 75% of its BTC stack, or 29,060 BTC