US stocks close | Tech stocks support US stocks! The NASDAQ rose more than 1%, S&P recorded the biggest three-day increase in nearly half a year, and Nvidia rose nearly 4%
US bond yields broke away from a three-week low, and two-year yields rose for the first time in four days. The US dollar index stopped falling three times in a row and broke out of its low level for more than three weeks.
Tight supply intensifies, the price of Robusta coffee beans climbed to a 45-year high
According to data from the International Coffee Organization, the price of Robusta beans has climbed to its highest level in 45 years due to the growing tight supply of coffee bean varieties used in espresso and instant drinks.
Express News | Lucky Coffee's case against Shenzhou Uche opens
Express News | Direct access to Omaha | Interview with Mario Gabelli: I'm buying this kind of Chinese company!
Lucky returned to losses, Starbucks rarely plummeted, and competition in the Q1 coffee industry heated up in 2024?
Soon after the earnings report was released, “Lucky's 9.9 yuan campaign shrinks again” and other related topics once again appeared on social media hot lists. Starbucks China is actively adapting to the pace of competition in the domestic coffee industry. For example, they continue to lay out low-tier cities in China, but they still have no intention of participating in a price war.
Luckin Coffee Unveils Sumatra Gayo SOE, Endorsed by World Barista Champion
SINGAPORE, May 3, 2024 /PRNewswire/ -- Luckin Coffee debuted its latest Single Origin Espresso (SOE), the Luckin Black Cup Sumatra Gayo series, today, inviting coffee aficionados to savour its exceptional taste and distinctive flavour.
Starbucks Shares Plunge After Sales, Earnings Miss -- Update
By Heather Haddon Starbucks's chief executive is pledging a turnaround after the coffee giant reported a sharp slowdown in visits and weaker-than-expected sales and profit in the latest quarter. Sha
Starbucks Falls Short on Sales, Earnings as Challenges Mount -- WSJ
By Heather Haddon Starbucks's chief executive is pledging a turnaround after the coffee giant reported a sharp slowdown in visits and weaker-than-expected sales and profit in the latest quarter. Cha
Earnings Call Summary | Luckin Coffee(LKNCY.US) Q1 2024 Earnings Conference
The following is a summary of the Luckin Coffee Inc. (LKNCY) Q1 2024 Earnings Call Transcript:Financial Performance:Luckin Coffee reported Q1 2024 revenue of RMB6.28 billion, a substantial 41.5% growt
US Stock Outlook | Expectations of interest rate cuts continue to cool down, and the three major indices weaken slightly; Lilly soared by nearly 7% before the market, and the company raised its full-year revenue guidelines
Goldman Sachs: US inflation is still falling, the election is not critical to the Federal Reserve, and interest rate hikes are unlikely; Tesla has begun a new round of layoffs: firing two executives and cutting about 500 people in the supercharging department.
Press Release: Luckin Coffee Inc. Announces First Quarter 2024 Financial Results
Luckin Coffee Inc. Announces First Quarter 2024 Financial Results First Quarter Net Revenues Increased 41.5% to RMB6,278.1 Million Average Monthly Transacting Customers Increased 103.2% Compared to
Express News | Lucky Coffee: Total net revenue for the first quarter was 6.278.1 billion yuan, an increase of 41.5% year-on-year, and the total number of stores reached 18,590
Coffee futures prices are expected to continue to rise, hoarding and extreme weather will impact Vietnam's supply
① Due to the bleak supply prospects in Vietnam, a major coffee exporter, coffee prices are expected to continue to soar, and the hoarding phenomenon and bad weather have exacerbated supply constraints in Vietnam; ② Due to Vietnam's supply shortages, London Robusta coffee futures prices have risen by about 50% this year, reaching the highest level in at least 16 years.
Luckin Coffee to Announce First Quarter 2024 Financial Results on April 30, 2024
BEIJING, April 23, 2024 (GLOBE NEWSWIRE) -- Luckin Coffee Inc. ("Luckin Coffee" or the "Company") (OTC: LKNCY) will release its first quarter 2024 financial results before the U.S. market open on Tu
Express News | Lucky refutes the rumor that it “does not recruit Shanghainese people”: resolutely opposes any form of geographical discrimination
Lucky Coffee's official Weibo announced that the Lucky Coffee (Jiangsu) roasting base was officially put into operation with a total investment of 120 million US dollars and an annual production capacity of 30,000 tons.
Lucky Coffee's official Weibo announced that the Lucky Coffee (Jiangsu) roasting base was officially put into operation with a total investment of 120 million US dollars and an annual production capacity of 30,000 tons.
Cocoa Climbs on Signs of Resilient Demand Despite Record Price
Cocoa climbed in New York as grindings data suggested demand for the chocolate ingredient is holding up even as prices soared to a record amid a global crunch.
Can the miracle of skyrocketing be replicated? After frying cocoa, quite a few people are now eyeing it...
① Although cocoa and coffee beans are not close relatives in terms of the main production area, growth environment, taste, use, and nutritional content; ② However, many hedge funds that are currently leaving the cocoa market at a high level seem to be pouring into the coffee market.
Luckin Coffee Files Audited Financial Statements for Fiscal Year 2023
Express News | Lucky Coffee: Coconut Latte has sold 100,000 copies on Meituan in half a day since the first day
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