Yum China CEO says consumers are growing more ‘rational’
A KFC restaurant in Wuhan, China. Source: Yum China While economists and investors fret over China’s low consumer confidence and sluggish growth, Yum China CEO Joey Wat says the Chinese…
China’s AI applications are coming — where it matters for monetization
Chinese companies are making announcements about artificial intelligence again – this time about applications. Search engine giant Baidu earlier this month revealed, among other AI tools, a platform for creating…
Starbucks (SBUX) Q3 2023 earnings
Starbucks logo is seen on a cup in this illustration photo taken in the cafe at the airport in Charleroi, Belgium on July 27, 2023. Jakub Porzyck | Nurphoto |…
Apple and others reporting next week often outperform expectations
Next week marks both the busiest week and the halfway point of this earnings season, and some stocks are sure to outperform after they announce their results. Almost a third…
China sales help Starbucks, Yum, MGM, Disney, Tapestry
Pedestrians walk past Yum! Brands Inc. Pizza Hut and KFC restaurants in Shanghai, China. Qilai Shen | Bloomberg | Getty Images China is leaving behind pandemic lockdowns, and U.S. companies…
Stocks moving big after hours: F, SBUX, CLX
A Starbucks store is seen inside the Tom Bradley terminal at LAX airport in Los Angeles, California. Lucy Nicholson | Reuters Check out the companies making headlines after hours. Ford…
Stocks moving big after hours: CMG, ENPH, FTNT
A Chipotle restaurant in Miami, Florida. Joe Raedle | Getty Images News | Getty Images Check out the companies making headlines after hours. Chipotle Mexican Grill — Shares fell more…
Potential U.S. ban investment on Chinese tech could hurt these sectors
The Biden Administration has said the U.S. is in competition with China and restricted the ability of American businesses to sell high-end chip tech to China. Bloomberg | Bloomberg |…
Goldman stocks to buy for when China reopens and drops no-Covid
Stocks in Hong Kong and mainland China rallied last week on speculation that the country could ease its super-strict zero-Covid policy. Investors were left disappointed, however, when authorities quashed hopes…