Starbucks entrance into $5 bundle game ‘a greater opportunity’ – Wolfe Research

Earlier this week, Starbucks (NASDAQ:SBUX) announced the launch of a limited-time “Pairings Menu.” Analysts at Wolfe Research provided their thoughts on the company’s latest move. The Pairings Menu allows customers to choose a hot or iced coffee or tea combination with a croissant starting at $5 or a hot or iced coffee or tea combination […]

This stock is up 16% in premarket trading and could continue to gain

I realize this might be getting repetitive, but yet another one of our AI-picked stocks for June is gaining big time in premarket trading today. Adobe Systems Incorporated (NASDAQ:ADBE), part of our Beat the S&P 500 strategy for June, is up 16% in premarket trading after posting robust financial results and providing even better guidance for the […]

Stocks making the biggest moves premarket: La-Z-Boy, NextEra Energy, Kroger, Lennar and more

Check out the companies making headlines in premarket trading: La-Z-Boy — Shares jumped more than 9% after La-Z-Boy’s latest quarterly results beat expectations. The furniture company posted fiscal fourth-quarter adjusted earnings of 95 cents per share on revenue of $554 million. Analysts polled by LSEG anticipated earnings of 70 cents per share on revenue of $516 […]

ECB picks three new senior supervisors

The European Central Bank said on Wednesday it had picked three new supervisors, including Ireland’s deputy central bank Governor Sharon Donnery, to help oversee the euro zone’s largest banks. Donnery, Portugal’s Pedro Machado and France’s Patrick Montagner will join the ECB’s Supervisory Board in the autumn. They are set to replace Edouard Fernandez-Bollo, who will […]