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Andrew Martin

Starbucks just closed ~250 cafes — while its comparable sales are running the strongest in years. Both are true. Here's why.

Starbucks just closed ~250 cafes — while its comparable sales are running the strongest in years. Both are true. Here's why.

For the first time in 27 years, Starbucks China posted a net decline in store count in a single quarter — and yet management insists the company is "in recovery." Both can be true, and the reason reveals a bigger corporate reinvention than the closure headlines suggest: Starbucks is

A 30-year bear market for Japanese bonds just ended. The reason is coming from the US.

A 30-year bear market for Japanese bonds just ended. The reason is coming from the US.

Bonds — not the UN General Assembly, not the Trump-Xi summit, not even the Iranian crisis — stole the week. And the loudest move came from Tokyo, where the 10-year Japanese Government Bond (JGB) yield hit 3.075%, its highest since 1996. That same day, the US 30-year Treasury

Trump bought SpaceX. A week later, he sold it at a loss. The real story isn't the trade.

Trump bought SpaceX. A week later, he sold it at a loss. The real story isn't the trade.

A sitting president’s investment account bought SpaceX on July 10, watched its price plunge over the following week, then sold — and that is the least important thing in this filing for anyone actually holding SPCX. A disclosure signed September 8 (Reuters) showed that between $15,001 and $50,000

They're calling it a relief rally. But Coin360 says the market read the Fed hike as a "one-off." It might be a head-fake.

They're calling it a relief rally. But Coin360 says the market read the Fed hike as a "one-off." It might be a head-fake.

Bitcoin ETFs hemorrhaged as much as $746 million as the Fed hiked its benchmark to 3.75%-4% — its first raise since July 2023 — while the Senate torched crypto’s top legislative priority in a 49-50 CLARITY Act vote, short of the 60 needed. Spot Bitcoin ETFs alone bled

The single most consequential crypto bill of this Congress failed a cloture vote, yet Bitcoin barely moved.

The single most consequential crypto bill of this Congress failed a cloture vote, yet Bitcoin barely moved.

The single most consequential crypto bill of this Congress failed a cloture vote, yet Bitcoin barely moved — the market voted "no" on the panic while the Senate voted "no" on advancing the bill. The U.S. Senate rejected cloture on the CLARITY Act, falling short of

China calls it "fear mongering." The CEOs who warned of AI disaster are actually doing the opposite of what Trump wants.

China calls it "fear mongering." The CEOs who warned of AI disaster are actually doing the opposite of what Trump wants.

For three years, AI stocks fell when Washington or Beijing threatened them; on Monday they fell because the people building AI told everyone to pump the brakes — and they did it. The move wasn’t driven by a geopolitical shock, an earnings miss, or a chip ban. It was a

Goldman says $120 oil if Hormuz attacks intensify. They raised the odds of $100 oil by 19% in a month.

Goldman says $120 oil if Hormuz attacks intensify. They raised the odds of $100 oil by 19% in a month.

Brent just cracked $100 — but the real trade is the record diesel spike and the Goldman/HSBC forecasts. Brent touched $100.03 for the first time above $100 in three months (last held in May) after Houthi drones and ballistic missiles struck Saudi Aramco sites in southern Saudi Arabia, wounding