People need to recognize that coffee is fundamentally an agricultural product. 📈 According to the New York Times, citing Pachamama Coffee co-founder Thaleon Tremaine, the rising cost of coffee is no longer tied to “exclusivity.” Instead, factors like prolonged droughts, floods, and the broader impact of climate change have significantly reduced supply, driving prices higher […]
Nike #NKE exceeded earnings expectations, but the stock dropped for two reasons: the company is retracting its full-year financial forecasts and delaying its first investor day in seven years, which was set for November. On September 19, Nike announced that Elliott Hill would take over as president and CEO, starting October 14, 2024. He mentioned […]