Piper Sandler lowers Starbucks stock price target to $100 on modest U.S. recovery

Exciting news is on the horizon as US Treasury's Bessent has indicated that a trade deal between China and the US could be signed as early as next week. This development is significant as it may ease ongoing tensions between the two economic giants and pave the way for improved trade relations, benefiting businesses and consumers alike.

Piper Sandler has raised its price target for eBay's stock to $102, citing accelerating growth in gross merchandise volume (GMV). This is significant as it reflects investor confidence in eBay's performance and potential for future profitability, especially in a competitive e-commerce landscape. Such positive projections can influence market sentiment and attract more investors to the stock.

In a significant diplomatic moment, President Trump praised his recent face-to-face meeting with Chinese President Xi Jinping, marking their first direct interaction in six years. While the meeting was described as 'amazing,' no formal trade deal was reached, leaving many to wonder about the future of US-China relations. This encounter is crucial as both nations navigate complex economic ties and ongoing trade tensions.

Piper Sandler has reduced its stock price target for Adidas from EUR200 to EUR190, indicating a cautious outlook on the company's performance. This adjustment reflects concerns about Adidas's market position and potential challenges ahead, which could impact investor confidence and the brand's future growth. Understanding these shifts is crucial for stakeholders as they navigate the evolving landscape of the sportswear industry.

Piper Sandler has raised its stock price target for Boot Barn from $218 to $220, reflecting confidence in the company's growth and performance. This adjustment indicates a positive outlook for investors, suggesting that Boot Barn is well-positioned in the market and could see continued success.

Despite concerns regarding Azure's growth, Piper Sandler has maintained an Overweight rating on Microsoft stock. This decision reflects confidence in Microsoft's overall business strategy and potential for future growth, which is crucial for investors looking for stability in the tech sector.

U.S. natural gas futures are on the rise as the December contract takes center stage, reflecting a growing anticipation around demand influenced by weather forecasts. This uptick is significant as it indicates market confidence and potential shifts in energy consumption patterns, which could impact prices and supply strategies in the coming months.

Align Technology has received a boost as Piper Sandler has raised its stock price target from $190 to $200. This adjustment reflects growing confidence in the company's performance and potential for future growth, which is significant for investors looking for promising opportunities in the market.

The media regulator has expressed disappointment over O2's unexpected price increase, which exceeded what was advertised when customers signed their contracts. This situation raises concerns about transparency in pricing and customer trust, highlighting the importance of clear communication from service providers.

Billie Eilish made headlines at the WSJ Awards by challenging billionaires to reconsider their wealth, asking, 'Why are you a billionaire? Give it away.' Her bold statement resonates in today's climate where wealth inequality is a pressing issue. Eilish's call to action encourages a conversation about philanthropy and social responsibility, inspiring others to think about how they can contribute to society.

The European Central Bank's decision to keep policy rates unchanged has resulted in minimal movement in Eurozone government bond yields. This stability indicates that the ECB is maintaining its current monetary policy stance, which is significant for investors and the broader economy as it reflects confidence in the ongoing economic recovery.

The FTSE 100's winning streak has come to an end as WPP shares plummet to their lowest level since 1998, dropping about 14.5%. This decline raises concerns about potential job losses under the new leadership of Cindy Rose, who is conducting a strategic review to tackle the company's poor performance. This situation is significant as it reflects broader challenges in the advertising sector and could impact investor confidence and employment in the industry.

The latest surge in AI spending by major tech companies like Meta, Microsoft, and Google, which reached over $78 billion last quarter, is raising concerns on Wall Street. Investors are becoming increasingly anxious as these companies signal even higher expenditures in the future. This trend highlights the intense competition in the AI sector and the potential risks involved, making it a critical moment for both investors and the tech industry.

Japan's finance minister has clarified her previous comments regarding the yen, emphasizing a more cautious approach to currency valuation. This shift is significant as it reflects the government's intent to stabilize the yen amidst fluctuating global markets, which can impact trade and economic growth. Understanding these changes is crucial for investors and businesses operating in or with Japan.