Consumers walk in front of a Starbucks coffee shop in Galeria Krakowska shopping mall in central Krakow, Poland, on July 11, 2025.Dominika Zarzycka | Nurphoto | Getty ImagesStarbucks is expected to report its fiscal third-quarter earnings after the bell on Tuesday.Here’s what Wall Street analysts surveyed by LSEG are expecting the company to report:Earnings per share: 65 cents expectedRevenue: $9.31 billion expectedFor five straight quarters, the coffee giant has reported shrinking same-store sales as demand flounders in the U.S. and China, its two largest markets. Analysts are forecasting that the streak will continue in its latest quarter, with same-store sales…
Author: usaeverydaylife
A slate of companies that have posted “consistent and superior” earnings growth over the past 10 years could be poised for strong performances and are worth watching, according to Bank of America. “Since data began in 1998, the Global Steady Compounders have annualized 5.2% outperformance versus the MSCI AC World Index and have outperformed in more months than most strategies we monitor,” strategist Nigel Tupper wrote in a Tuesday note. “Stocks screening as Steady Compounders tend to outperform for extended periods.” There are circumstances in which “steady compounders” don’t fare well. Tupper wrote that the names tend to underperform when…
Jeffrey Epstein and Ghislaine Maxwell attend de Grisogono Sponsors The 2005 Wall Street Concert Series Benefiting Wall Street Rising, with a Performance by Rod Stewart, at Cipriani Wall Street in New York City on March 15, 2005.Joe Schildhorn | Patrick McMullan | Getty ImagesThe House Committee on Oversight and Government Reform “will not consider granting congressional immunity for” any testimony from Jeffrey Epstein accomplice Ghislaine Maxwell, a spokesperson for the panel said Tuesday.That statement came shortly after Maxwell’s lawyer told the committee in a letter that she would invoke her Fifth Amendment rights against self-incrimination and refuse to testify under…
Smoke stacks from the Hugh L. Spurlock Generating Station are seen on June 12, 2025 in Maysville, Kentucky.Jeff Swensen | Getty ImagesThe Trump administration is seeking to repeal a landmark finding that greenhouse gas emissions pose a threat to public health, the head of the Environmental Protection Agency said Tuesday.”This has been referred to as basically driving a dagger into the heart of the climate change religion,” EPA administrator Lee Zeldin told the conservative “Ruthless Podcast.” “Repealing it will be the largest deregulatory action in the history of America,” Zeldin saidThe EPA under the Obama administration issued an endangerment finding…
Anthropic is in talks to raise between $3 billion and $5 billion in a funding round led by Iconiq Capital that would value the artificial intelligence startup at $170 billion, CNBC has confirmed.The OpenAI competitor has been reeling in billions of dollars at a rapidly increasing valuation reflecting investors’ thirst for a piece in the fastest growing AI companies. In March, Anthropic closed a $3.5 billion round at a $61.5 billion, led by Lightspeed Venture Partners. Bloomberg was first to report on the latest talks, which CNBC confirmed with a person familiar with the matter who asked not to be…
Royal Caribbean raised its full-year guidance Tuesday on the back of strong cruise bookings.The company now expects 2025 earnings of between of $15.41 and $15.55 per share on an adjusted basis, up from prior EPS guidance of $14.55 to $15.55.CEO Jason Liberty noted traveler preferences are evolving, saying more people are choosing to vacation more frequently and are opting for experience-driven travel. Royal Caribbean said 75% of consumers report they plan to spend the same amount or more on leisure travel over the next 12 months.”Our experiences are designed to meet these evolving expectations,” Liberty said.Royal Caribbean reported growth in…
Apple could be set to release an entirely new iPhone design as part of its lineup in the second half of next year, according to JPMorgan. “With the upgrades to the iPhone 17 series to be released this fall expected to be fairly limited, investor focus has already turned to the 2026 fall launches with Apple expected to launch its first foldable iPhone as part of the iPhone 18 lineup in September 2026, featuring a book-style fold similar to Samsung’s Galaxy Z Fold series,” analyst Samik Chatterjee wrote on Tuesday. The new foldable iPhone is expected to feature a 7.8-inch…
Citi is an advertising partner.There’s a new premium credit card on the market and CNBC Select has everything you need to know.Recently, Citi announced the all-new Citi Strata Elite℠ Card, focused on travel and dining benefits. We think the $595 Strata Elite stands out most for its handful of statement credits and high 12X rewards rate on hotels, car rentals and attractions booked on cititravel.com. A big plus, cardholders can also transfer their points to American Airlines.In its recent announcement, Citi has also rebranded the Citi Rewards+ Card (no longer available) to the Citi Strata℠ Card. This no-annual-fee credit card…
A potential extension of a tariff pause between the United States and China will not be agreed to until President Donald Trump signs off on the plan, U.S. negotiators said Tuesday.Trump “has final say on all the trade deals” and the pending tariff truce, Treasury Secretary Scott Bessent told CNBC’s Eamon Javers.The remarks came after top trade officials for the two countries concluded talks in Stockholm, Sweden, their third round of high-level discussions since May.”We’re going to head back to Washington, D.C. We’re going to talk to the president about whether that’s something that he wants so do,” U.S. Trade…
United Airline flight attendants picketed outside Terminal B at Logan Airport Thursday morning seeking a new contract.John Tlumacki | Boston Globe | Getty ImagesUnited Airlines flight attendants voted down a new labor contract that called for immediate raises of at least 26% and other quality-of-life improvements, their union said Tuesday.The flight attendants’ last raise was in 2020. Their union, the Association of Flight Attendants-CWA, and the airline had reached a tentative agreement in May.U.S. flight attendants have pushed for wage increases for years. Flight attendants at other airlines, pilots and and other work groups secured new labor deals in the wake…
