Roula Khalaf selects top stories for the Unlock the Editor’s Digest, featuring Starbucks’ new CEO Brian Niccol’s plans to revitalize the struggling coffee chain with a focus on customer experience, simplified menu, and pricing freeze in US stores. Niccol aims to bring back the coffee house ambiance, with baristas using ceramic mugs and Sharpie-labeled cups, while also reducing wait times and offering lower prices for non-dairy milk options. Investors have responded positively to Niccol’s leadership, with shares up over 25% since his appointment in August.
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This Is, Officially, the 3rd Priciest Stock Market in Over 150 Years — and There's No Mistaking What Comes Next for Stocks, Based on History
Investors have faced significant volatility in the first seven months of the year, highlighted by the S&P 500's steepest two-day decline since 1950 and the Nasdaq entering a bear market for the first time in three years. However, since April 8, both indexes have rebounded to record highs, while the Dow Jones Industrial Average approaches its first all-time high since December, suggesting a strong bull market despite historical caution. Want More Context? 🔎
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