Deutsche Bank downplays impact of China’s gold VAT reform on demand

Starbucks is adjusting its strategy in China, highlighting the challenges Western brands face in capturing this lucrative market. With the CEO now able to focus more on revitalizing the U.S. business, the company aims to navigate the complexities of international expansion.

David Dziekanski, CEO of Quantify Funds, discusses the 'debasement trade' and highlights how Bitcoin and gold may perform better as the dollar weakens.

Exelon has reported a remarkable 12% increase in data-center demand during the third quarter, surpassing profit estimates. This growth highlights the company's strong position in the market and reflects the increasing reliance on data centers in today's digital economy. As businesses continue to shift towards cloud-based solutions, Exelon's performance is a positive indicator of the industry's trajectory and the company's ability to capitalize on emerging trends.

China has accused the Netherlands of exacerbating the ongoing chip war by interfering with the operations of the seized chipmaker Nexperia. This dispute is significant as it threatens to disrupt the global supply chain, particularly impacting car factories that rely on these essential components. The tensions highlight the fragility of international trade relations and the potential consequences for industries worldwide.

Starbucks has taken a surprising step by selling its second-largest business, a move that comes amid plans to close several stores by the year's end. This decision reflects the company's ongoing strategy to adapt to changing market conditions, particularly in China, where it has been considering a significant stake sale. The implications of this sale could reshape Starbucks' operations and influence its future growth in international markets.

Corn and soybean prices have dropped as uncertainty looms over export demand due to a US government shutdown, which has left traders without crucial data on sales to China and other countries. This situation is significant as it highlights the vulnerability of agricultural markets to political events, potentially impacting farmers and the broader economy.

Starbucks' stock remains steady as UBS maintains a Neutral rating following the company's joint venture in China. This stability reflects investor confidence in Starbucks' strategic moves in the Chinese market, which is crucial for its growth. The joint venture is expected to enhance Starbucks' presence in one of the world's largest coffee markets, making it an important development for the brand's future.

Marriott International has raised its profit forecast for 2025, driven by strong demand in the luxury hotel sector. This positive outlook reflects the company's confidence in the recovery of travel and hospitality, particularly among affluent travelers. As more people seek premium experiences, Marriott's strategic positioning in the luxury market is likely to enhance its profitability and market share, making it a key player in the industry's rebound.

Rush Enterprises B stock has reached a concerning 52-week low, trading at $49.11. This decline raises questions about the company's performance and market conditions.

IBM is reportedly planning to cut thousands of jobs, raising concerns about the future of employment within the company. This move reflects ongoing challenges in the tech industry and could impact many employees.

Apollo has decided to withdraw its bid to take the pizza chain Papa John's private at $64 a share, according to sources. This move raises questions about the future of the company and its strategic direction.

As Wall Street prepares for the upcoming NYC mayoral vote, analysts are also keeping an eye on the governor races, which could provide insights into the midterm elections. The political landscape is shifting, and the outcomes may influence economic forecasts.

A judge has ruled that the Trump administration may reconsider the approval of the SouthCoast Wind project. This decision opens the door for potential changes in the project's future, reflecting ongoing debates about energy policies and environmental impacts.

Gestamp's recent presentation for the first nine months of 2025 revealed a rise in profitability, even as revenue experienced a decline. Despite this positive news, the company's stock saw a dip, raising questions about market reactions.