Starbucks Will Accept Bitcoin in 2020, Thanks to Wall Street’s Bakkt

Starbucks, Bitcoin, Bakkt

Bakkt’s consumer app trials to commence by mid-2020. Starbucks is the largest coffee chain in the world by the number of outlets. Bakkt wants to move beyond futures trading. Months after Starbucks disappointed the crypto space by backpedaling on reports that it would be accepting direct Bitcoin payments, the coffee chain has been announced as … Read more

Starbucks Brews Up 7% After-Hours Because The Company is Crushing It

Starbucks

Starbucks continues to show why it is the top dog in coffee, delivering a frankly astonishing quarter of earnings growth, fueled by explosive same-store sales growth. Let’s examine the headline numbers and some other metrics that will show why Starbucks stock is up 7 percent in after-hours trading to an all-time high. The Amazing Growing … Read more

Starbucks, Walt Disney and Adobe Are Blasting to Fresh Highs

As large financial institutions such as JPMorgan become bullish on the S&P 500, three major stocks – Starbucks, Walt Disney, and Adobe – are threatening to take out their all-time highs. Starbucks (SBUX) Resumes Strong Uptrend After a Three-Year Consolidation Period In trading and investing, there’s a saying that goes: “the longer the base, the … Read more

On-Fire Starbucks Stock Is Up an Impressive 20% So Far in 2019

Starbucks

By CCN.com: Starbucks continues to crush it globally, delivering another quarter of strong earnings growth, on the backs on impressive same-store sales growth. Global comparable store sales increased 3%, driven by a 4% increase in domestic average ticket, and 2% in China/Asia Pacific. Starbucks’ stock raced to a new high as investors welcomed a stronger-than-expected … Read more

Starbucks Unveils Key Detail about its Secretive Bitcoin Strategy

starbucks accept bitcoin

An article in The Block yesterday includes the following statement: “Only U.S. customers will be able to pay in bitcoin initially.” They’re referring to Starbucks’ recent deal with Bakkt, the great hope of the crypto industry, which might manage to pull off the first crypto ETF. The deal gives Starbucks significant equity in Bakkt, but … Read more

Why Tim Hortons Will Be the Next Starbucks Rival to Fail Miserably in China

tim hortons china

Canada-based Tim Hortons is the latest coffee chain poised to fail in the Chinese market that has been drinking tea for thousands of years. Tim Hortons Can’t Even Win at Home Tim Hortons’ struggles over the past few years in its native market of Canada are well-documented. For instance, the coffee chain’s ranking in the … Read more

Starbucks CEO Says No to Pot-Infused Coffee… And a $10 Billion Industry

Starbucks, Kevin Johnson

Lately, various coffee shops have been advertising lattes and coffees with CBD oil. However, despite the increase in advertising efforts for Cannabis-infused beverages, Starbucks CEO Kevin Johnson has stated that there are currently no plans by the company to launch its versions of Cannabis-laced coffee drinks. Speaking in an interview with CNBC’s Squawk on the … Read more