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It’s One Hot American Summer!

It’s One Hot American Summer!

How’s going everything going? Happy New Month 🖤

I hope it’s off to a great start!

Today, I’m sharing a bit about cooling off, stock splitting, billion dollar acquisitions & Paypal doing what-it-do! Read that in your best ebonics voice.

I know you can’t wait, sooooo let’s get it!

COOLING OFF WITH SOME STARBUCKS
Starbucks, McDonald’s could trial China’s central bank digital currency – report
They say the streets are cold… but boi is it super hot in the American summer right now? Clearly, Americans are hot and thirsty.

How best to “cool me cool me downnnnn” in Tomi, Big Wizzy’s voice?

Them folks be outchea spending all their funds on Starbucks cold drinks. I mean, to be honest, I can attest to it, Starbucks drinks can do a thing or two on ya, if that’s your thing.

Americans be like: Git’mi one of those!!!

starbucks spinning GIF by Frappuccino
…but i hear its sooo hot though. Can’t blame them now, can we?

This has led to a spike in demand for Starbucks’ cold coffee products and in turn, better-than-expected quarterly earnings and revenue. The company said that the popularity of its iced shaken espresso and other cold beverages accounted for 75% of U.S. sales this quarter, and its shares also jumped about 1.13%. The company came out with quarterly earnings of $0.84 per share, beating the estimate of $0.77 per share.

Starbucks also beat revenue estimate as revs came in at $8.15 million dollars, compared to the estimate of $8.11billion

…but let’s put on our thinking caps for a hot minute (pun most certainly intended). Is it strange that Americans are not exactly reducing their spending/consumption despite the looming inflation? Not to mention, the jobs created in July doubled the estimated/expected number… story for another day though but one would think that because of the soaring prices of gas and other goods, budgets would be tight? Or are folks just hella desperate? Is it that hot?
Let’s put on our thinking caps for a hot minute (pun most certainly intended). Is it strange that Americans are not exactly reducing their spending/consumption despite the looming inflation? Not to mention, the jobs created in July doubled the estimated/expected number… story for another day though but one would think that because of the soaring prices of gas and other goods, budgets would be tight. Or are folks just hella desperate? Is it that hot?

I mean?

ANOTHER BILLION-DOLLAR AMAZON ACQUISITION

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