A Government Hint Just Sent Starbucks Stock Soaring - Starbucks (NASDAQ:SBUX)

Core Viewpoint - Starbucks Corporation's stock is experiencing an upward trend due to anticipated tariff relief on imported goods, particularly coffee [1][2]. Group 1: Tariff Relief and Market Reaction - Treasury Secretary Scott Bessent announced that the administration will soon implement cuts in duties on everyday consumer goods, which is expected to lower prices on items not typically produced in the U.S. [2] - The focus of the tariff relief plan includes products such as coffee and bananas, with an emphasis on delivering faster price relief at the register [3][4]. - President Donald Trump's remarks about easing trade costs were interpreted positively by the market, leading to an increase in coffee-linked stock prices [4]. Group 2: Starbucks Merchandise and Consumer Demand - Starbucks gained media attention for a limited holiday cup that became a collectible, with a Glass Bearista Cold Cup priced under $30 quickly selling out [5]. - The overwhelming response to the collectible exceeded internal projections, leading to frustration among fans who could not purchase the item [6]. Group 3: Expansion in China - Starbucks has entered a joint venture with Boyu Capital to expand its retail presence in China, with Boyu Capital set to acquire up to 60% of Starbucks' China store business, valuing it at approximately $4 billion [7]. - Starbucks will retain a 40% interest in the venture while maintaining ownership of its intellectual property [7].