Investing

Starbucks’ big expansion into Asia will underperform the company’s guidance, according to one Wall Street firm. Wedbush Securities lowered its rating to neutral from outperform for Starbucks shares, predicting the company’s sales growth will come in below expectations next year. Starbucks management said Jan. 31 that the company’s China business will represent approximately 25 percent
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The market has changed. A couple weeks ago, it was all about tariffs and China trade wars. Now, there’s new uncertainty around earnings and how it may impact the market leader, technology. A social media crisis with Facebook that may also affect other social media stocks and Alphabet potentially as well. Driverless-car issues affecting Nvidia
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Jason Lee | Reuters A man visits Qualcomm’s booth at the Global Mobile Internet Conference 2017 in Beijing, China April 28, 2017. The Trump administration reportedly is contemplating using an existing law related to national emergencies to restrict Chinese investment in sensitive technologies. The news comes on the heels of President Donald Trump‘s decision to
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Justin Sullivan | Getty Images Facebook CEO Mark Zuckerberg delivers the keynote address at Facebook’s F8 Developer Conference on April 18, 2017 at McEnery Convention Center in San Jose, California. The conference will explore Facebook’s new technology initiatives and products. For the second time in one week, Bank of America Merrill Lynch reduced its price
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