Article By:
WisdomTree
Saturday, May 11, 2024 3:20 PM EDT
Sometimes, earnings season provides clarity to the economic outlook. Sometimes, it does not. This earnings season is a bit of both. A confused and perplexing U.S. consumer is one of the more obvious topics of conversation.
Nestle Pays $7.15B To Starbucks For Rights To Sell Packaged Coffee, Tea
#Nestle is paying #Starbucks over $7 billion to sell Starbucks coffee??? They'll have to sell a lot of coffee to make back that money. $SBUX $NSRGY