Given all of the value offerings right now across the restaurant sector, quite frankly, uh, within coffee, Lucken is now offering $2 ice coffees and lattes. Why is hospitality the answer to the challenges that Starbucks is facing right now. Look, we have 7,700 drive-throughs in America.We've got a a digital business, which is 31% which is doing really healthy. We we have the third place. We going to get ready to go into Uplifts, which will start to remodel and bring the comfort back into the experience.That ...

Welcome back to Money Movers. Take a look at Robin Hood. It shares have surged 400% over the past year.So, what could be the next growth driver for the company. Our Mackenzie Sagalos is looking into that ahead of earnings this afternoon. McKenzie, >> hey Frank.So, Robin Hood heads into earnings on one of Wall Street's hottest streaks. Shares are up 177% this year after nearly doubling in 2024, pushing its market cap past $90 billion and making it the top performing large cap US tech stock. Now despite that ...

Welcome back. Shares of Manderly are under pressure this morning. Despite the company beating earnings and revenue estimates while the company reiterated guidance, it does include a 10% hit to EPS due to cocoa cost inflation.Organic growth and gross margins also falling short of expectations. Joining us in an exclusive interview is Manderly's chairman and CEO Dirk Bandut. How would these results and h how would the environment be different if we didn't have this crazy cocoa price inflation.>> Well, it it wo ...

Federal Reserve Chairman Jerome Powell delivers remarks following the Fed's two-day policy meeting on Wednesday. Investors will parse Chair Jerome Powell’s comments at the press conference for insights into the path of monetary policy. President Trump has tried to pressure the central bank leader to bringing down borrowing costs. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/42d859g » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: h ...

Economic Overview - The economy presents a strong headline snapshot, but closer inspection reveals concerning underlying data [1][2] - GDP reading shows 3%, largely a reversal from the first quarter [1] - The economy is basically at full employment, satisfying one of the Fed's dual mandates [1] Consumer Spending & Investment - Consumer spending is described as "okay" rather than strong [1] - Investment number was down 15% [1] - Consumer-driven companies are not having robust quarters, indicating consumers are feeling the pinch [9] Labor Market - Jolt data indicates a loss of 280,000 jobs in the system [1] - There were 260,000 less hires last month [1] - 150,000 less people quit their jobs, suggesting a less optimistic view of the economy [1] Inflation & Pricing - PCE and CPI numbers were warm, slightly higher than expected, but within an acceptable range [1] - Import numbers offset each other, from -4.7% to +5% [1] - Costs will ultimately be passed down to the consumer, as companies will not decrease their profit margins [4][5] Company Performance Indicators - UPS is a good indicator of e-commerce activity and last-mile delivery performance [8][11] - Starbucks numbers reflect consumer discretionary spending [8] - Whirlpool numbers indicate consumer willingness to upgrade appliances [9]

How should we think about the emergence of Lucken and its emergence here in the US. >> Well, what's interesting about Luck, you only have a couple of stores open so far in New York, right. What's interesting about it is that is primarily a mobile pickup based concept, right.It's distinct from Starbucks, which is telling you sort of coming into stores that employee connection is is still important. Lucken doesn't necessarily have that, right. So, I think our view would be that that isn't a broader threat to ...

Hershey beating on the top and bottom lines despite raising estimates estimated sorry fullear costs of tariffs to between 170 and 180 from between 15 and 20 million. A bittersweet earnings call for CEO Michelle Buck planning to step down very soon August 18th joining us exclusively on CNBC for a final broadcast interview as Hershey CEO. Michelle Buck, welcome.It's good to have you. It's it's been good to have you throughout, you know, your tenure as as CEO, Michelle, but just on on this current quarter, I'm ...

What is a Green Apron moment in an ideal world. What do those interactions look like. It's when you walk through that door, you're greeted with a smile. You're greeted again at the handoff with a perfect cup of coffee, whatever beverage you decide to order, and you're met with that connection.And the idea behind it is that it it's the human element that we all crave. It doesn't have to be overbearing, over the top, but it's a simple hello, the thank you, make a moment, right. If it wasn't right, very basic ...

Time Meta CEO Mark Zuckerberg just posting on Instagram. He laid out his vision for AI super intelligence said some interesting things about the future. Let's bring in RBC's tech analyst Brad Ericson.He does cover Meta and Amazon. I guess first let's just get to um to the meta print this evening and what your expectations are in terms of what we may see there. >> Yeah, I think you're going to see uh really good numbers.Uh our checks were generally positive through the quarter. So we're talking like high tee ...

Housing Market Trends - Pending home sales in June decreased by 0.8% compared to May and 2.8% year-over-year [1] - The decrease aligns with market expectations [1] - Increased active listings by nearly 29%, but some homes are sitting unsold [2] - New listings experienced a pullback in June [2] Regional Sales - Sales declined in all regions except the Northeast [3] - Home price growth has been strongest in the Northeast [3] Mortgage Applications - Mortgage applications to buy a home dropped last week and are down 5% over the past four weeks [3]