Canadian Prime Minister Mark Karnney on a 4-day visit to India to rebuild ties after years of tension between the two countries. Carne met Prime Minister Narendra Modi in New Delhi on Monday and agreed on a long-term uranium supply deal and revive long stall trade talks. The two nations want to diversify their trade partnership and curb their dependency on the US.Karnney kicked off his visit to India this weekend with a visit to Mumbai where he met with Indian leaders in business and education. The visit co ...

💥BREAKING:HAMAS RELEASED ALL LIVING ISRAELI HOSTAGESGLOBAL TENSIONS EASING, BULLISH FOR MARKETS! ...

Singapore plans to amend its foreign interference laws as tensions between global powers and ongoing conflicts deepen divisions and raised the risk of external meddling https://t.co/ipwD0SzImt ...

US President Donald Trump arrived at Windsor Castle on Wednesday, greeted by King Charles III, kicking off a historic state visit that will be set against the backdrop of heightened global and domestic tensions. -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, prof ...

Core Viewpoint - Guggenheim analyst Gregory Francfort has reiterated a Neutral rating on Starbucks Corporation (SBUX) and lowered the price forecast from $95 to $83 following the company's Q2 fiscal year 2025 financial results, which showed revenue and earnings per share below analyst expectations [1][3]. Financial Performance - Starbucks reported Q2 revenue of $8.76 billion, missing the analyst estimate of $8.86 billion, and adjusted EPS of $0.41, below the consensus of $0.50 [1]. - Consolidated net revenue rose 2% year-over-year, but global comparable store sales fell 1%, with transactions down 2% and average ticket up 1% [2]. Market Conditions and Competition - Rising competition from local brands, the impact of the trade war, and potential resistance to U.S. brands are cited as risks for Starbucks [3]. - North America comparable store sales decreased by 1%, international sales fell by 2%, and sales in China remained flat [2]. Margin and Cost Management - Margin expansion forecasts have been lowered, with 2027 EBIT margins now expected to improve by approximately 150 basis points over 2025, down from 270 basis points previously [3]. - The U.S. workforce for Starbucks has shrunk by about 3% over five years, despite a 12% increase in store count, indicating ongoing pressure on managing store operating costs [4]. Commodity Prices - The adjustment in margin forecasts considers expected relief in arabica coffee prices, which are currently above $4 per pound but are forecasted to dip to the low $3s by late 2026 [4]. Stock Performance - Following the earnings report, Starbucks shares were down 1.24% in after-hours trading, priced at $83.80 at the time of publication [5].