FDA Lights Up Altria’s $13B Juul Investment

Last week, tobacco companies were under attack from Biden and the Food and Drug Administration (FDA) — destroying billions in tobacco giant Altria’s market cap. Whatever’s left of Altria’s $13B investment in Juul is at risk of getting torched. Vapes were meant to help reduce smoking… Instead, it helped a generation become addicted to e-cigarettes….

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Can CEO Howard Schultz make Starbucks Grande again?

Howard Schultz left Starbucks (NASDAQ:SBUX) in 2017 in seemingly good hands. In April, he returned as interim CEO – his third return – to face freshly brewed issues. Despite reporting strong Q2 earnings – the unionization train is barreling towards the company’s bottom line. A tall order to fill Starbucks has seen a post-pandemic shift…

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Consumers feel the pinch with surging prices

Investors are starting to worry about the impacts of lower consumer spending — as the US reported consumer spending falling 0.4% last week. What’s the big deal? Companies have gotten away with price increases in the past year — but consumers may be reaching their limits. As a result of inflation, over 50% of adults…

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Peloton’s terrible 2021 capped off with a fictional character dying

Last week, an airing of “Sex and the City” reboot (spoiler ALRT) sent Peloton (NASDAQ:PTON) down 5% before recovering its losses yesterday. What’s the big deal? Peloton, a pandemic winner of last year — turned loser this year — was the cause of death of fictional character Mr. Big from Sex and the City. In…

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Allbirds IPO: Future of sustainable brands depends on Generation-Z’s habits

Can a massive waste problem and Gen-Z’s love for sustainability translate into investor returns? We’re about to find out — with the stock market debut of Allbirds, the sustainability apparel brand. What Gen-Z habits tell us about the future Consumers are more mindful about sustainability — and Gen-Zs are leading the way. 9 out of…

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Under Armour bounces back from COVID — reports highest sales growth in 3 years

Under Armour (NYSE:UA), the sports clothing company, reported better than expected second-quarter earnings — sending its stock up 6%. What’s the big deal? The impressive earnings report sets the stage for two things: the rebound in athletic apparel and the return of a fallen athletic giant. In the recent quarter: Sales grew 91% to $1.3b…

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BBQ companies go public as COVID sends sales soaring

COVID gave dads the perfect reason to upgrade their grill — and for BBQ companies, Weber, Traeger and BBQGuys, to take their companies public. But are their stocks as appetizing as a good cookout? Cookin’ up an IPO A full year of lockdowns led to a common theme in household spending – backyard upgrades. Sales…

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Luckin Coffee stock is back after falling 75% from its accounting scandal

Luckin Coffee, the second-largest coffee chain in China, is nearing the end of one of the biggest financial misconduct investigations of 2020. Luckin coffee stock jumped 15% after releasing its updated financials — with ~328m less in falsified sales. What’s the big deal? In Apr 2020, Luckin admitted its Chief Operating Officer faked a large…

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The Netflix of fitness: Peloton stock reveals new corporate wellness program

On June 22, Peloton (NASDAQ:PTON) launched a corporate wellness program — sending its stock up 6%. What’s the big deal? The home fitness company needed some good news after a series of events that took its stock down 30% in 2021. Supply chain issues created long delivery delays — leading Peloton to invest $100m into…

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