The rise of cold coffee

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ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Spending on iced coffee, cold brew and frozen coffee drinks accounts for 20% of the $88 billion U.S. out-of-home coffee market in 2023. In 2016, that number was 13%. Cold beverages now account for a majority of beverage sales for coffeehouse chains…

‘We need a lot more power’ to support the digital transformation, says Vertiv’s David Cote

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ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email David Cote, Vertiv executive chairman and former Honeywell CEO, joins ‘Squawk on the Street’ for an impromptu visit to discuss Elon Musk’s new data center in Memphis, the need for power supply for data centers, and more. Source link

We’re concerned RFK is a ‘clear and present danger’ to healthcare, says Walgreen’s John Driscoll

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ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Squawk Box John Driscoll, Walgreens Boots Alliance senior advisor, joins CNBC’s ‘Squawk Box’ to discuss Trump’s pick for HHS secretary. 08:45 an hour ago Source link

We’re playing a short-term stall in the market through November.

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ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Jay Hatfield sees a short-term market stall through November but expects growth next year, with a 7,500 S&P target if corporate tax cuts happen. He is bullish on investment banks, especially Goldman Sachs, with a 750 target, and AI-related IPOs. Source link

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