Wednesday, May 25, 2022

Luckin Coffee is back and bigger than Starbucks in China

Luckin Coffee, the Chinese startup that became mired in a fraud scandal and was kicked off Wall Street two years ago, is making a comeback.
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Luckin Coffee is back and bigger than Starbucks in China
Luckin Coffee, the Chinese startup that became mired in a fraud scandal and was kicked off Wall Street two years ago, is making a comeback. Read more »
 
Yeezy Gap postpones launch of Balenciaga collection after Texas school shooting
Yeezy Gap has postponed the launch of its Balenciaga collection following the deadly shooting at a Texas elementary school. Read more »
 
Big Oil, flush with cash, is failing on climate pledges
In the peak of 2020 lockdowns, giant oil companies had a wake-up call. Demand had cratered, sapping profits, and it wasn't clear when it would end. That gave environmentally minded investors an in. The pitch: Get on the clean and green path or perish. Read more »
 
Here's another troubling reason inflation will be hard to fight
One of the many buzzwords percolating around Davos this week is "fragmentation," the force economists there warned could have "devastating human consequences." Read more »
 
Is the summer vacation boom over before it even began?
This summer has long been forecast as a potential boom time for the travel industry. Retailers and economists have been talking a lot about how consumers are starting to buy less stuff and are instead spending more on vacations and other experiences. Read more »
 
Coca-Cola is discontinuing Honest Tea
First Coca-Cola cut Tab, Odwalla and Zico coconut water. Now, Honest Tea is getting axed. Read more »
 
 
 
 
Dow Nasdaq S&P
+191.66   +170.29   +37.25
32,120.28   11,434.74   3,978.73
+0.60%   +1.51%   +0.95%
YTD -11.61%   YTD -26.91%   YTD -16.52%
 
Biggest Winners
Best Buy Co Inc +8.97%
 
Bath & Body Works Inc +8.71%
 
Live Nation Entertainment Inc +7.95%
 
ServiceNow Inc +7.78%
Biggest Losers
Agilent Technologies Inc -3.24%
 
Waters Corp -3.04%
 
Thermo Fisher Scientific Inc -2.65%
 
Otis Worldwide Corp -2.60%
Hottest ETF
Hottest ETF
NYSE Market Volume
NYSE Market Volume
Key Market Stats Latest Today's Change
Oil $110.79 +1.02 / +0.93%
Gold $1,852.30 -13.10 / -0.70%
10-yr 2.75% -0.01
Euro $1.07 -0.00 / -0.46%
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