<p><img src="https://imageproxy.pbkrs.com/https://m.foolcdn.com/media/dubs/images/email-header-breakfast-news.max-800x600.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://m.foolcdn.com/media/dubs/images/email-header-breakfast-news.max-800x600.png"/></p>
<h2>早餐新闻：星巴克评估中国选项</h2>
<p>###2025 年 5 月 15 日</p>
<table>
<thead>
<tr>
<th>周三市场</th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>标准普尔 500</strong><br/>5,893 (+0.1%)</td>
</tr>
<tr>
<td><strong>纳斯达克</strong><br/>19,147 (+0.72%)</td>
</tr>
<tr>
<td><strong>道琼斯</strong><br/>42,051 (-0.21%)</td>
</tr>
<tr>
<td><strong>比特币</strong><br/>$103,424 (-1.14%)</td>
</tr>
</tbody>
</table>
<p><img src="https://imageproxy.pbkrs.com/https://braze-images.com/appboy/communication/assets/image_assets/images/6825c338486e960067cf6042/original.png/query-MTc0NzMwNTI3MQ?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://braze-images.com/appboy/communication/assets/image_assets/images/6825c338486e960067cf6042/original.png/query-MTc0NzMwNTI3MQ"/></p>
<p>来源：Jester AI 制作的图像。</p>
<h2>1. 星巴克考虑中国业务重组</h2>
<p><strong>星巴克</strong>(SBUX -0.41%) 正在与潜在投资者进行谈判，讨论如何在其第二大市场中国扩展业务，彭博社报道。这包括可能出售价值数十亿美元的股份。</p>
<ul>
<li><strong>“我们对中国的长期承诺不变”：</strong> 首席执行官 Brian Niccol 在最近的财报电话会议上提到中国的巨大潜力，这可能表明公司正在寻求更多的本地合作伙伴关系，而不是完全出售。</li>
<li><strong>7,750 家门店，季度收入 7.4 亿美元：</strong> <em>Dividend Investor</em> 推荐的星巴克在关键市场面临压力，主要是由于 <strong>瑞幸咖啡</strong> 和 Cotti Coffee 等本地竞争者抢占市场份额。瑞幸在最新季度的收入几乎比星巴克多出 5 亿美元。</li>
</ul>
<h2>2. CoreWeave 与思科的对比前景</h2>
<p><strong>CoreWeave</strong>(CRWV 7.13%) 在市场收盘后发布了自 3 月 IPO 以来的首次财报，尽管超出了收入预期，但股价仍下跌近 8%，原因是前景不佳。</p>
<ul>
<li><strong>亏损加速至 3.146 亿美元，去年为 1.292 亿美元：</strong> 首席执行官 Mike Intrator 警告称，成本上升将对短期利润率产生负面影响，因为公司正在增加投资，预计季度亏损将持续。</li>
<li><strong>获得超过 6 亿美元的 AI 基础设施订单：</strong> <em>Hidden Gems</em> 推荐的 <strong>思科</strong>(CSCO -0.92%) 在收盘后上涨超过 3%，得益于全年盈利预期的上调。这是由于云客户对 AI 相关网络设备的需求增加。</li>
</ul>
<h2>3. 今日关键财报：AMAT、Globant、Deere</h2>
<p><strong>应用材料</strong>(AMAT 0.66%) 将在市场收盘后发布第一季度财报。将关注与中国相关的销售更新及任何关税影响，以及 AI 驱动的需求表现如何。</p>
<ul>
<li><strong>346 个年收入超过 100 万美元的账户：</strong> <strong>Globant</strong>(GLOB -4.91%) 在上个季度发出了积极的前景信号，因此投资者将密切关注这一信号是否在交易日结束后发布的结果中得以体现。大型客户账户的增长将是一个关键指标。</li>
<li><strong>农机行业在贸易战影响下：</strong> <strong>迪尔公司</strong>(DE -0.26%) 在市场开盘前发布了财报，由于需求疲软和关税不确定性，业务下调了利润预期的下限。</li>
</ul>
<h2>4. Foot Locker 因收购消息大幅上涨</h2>
<p><strong>Foot Locker</strong>(FL -3.12%) 在开盘前因 <strong>Dick's Sporting Goods</strong>(DKS -1.09%) 正在进行收购谈判而上涨近 70%，预计今天将宣布交易。</p>
<ul>
<li><strong>Foot Locker 年初至今下跌 41%：</strong> 此交易将使 Dick's 能够利用 Foot Locker 在全球小型地点的 2,400 家门店，与其在美国郊区的 800 家大型商店形成差异化。</li>
<li><strong>“Dick's 将接手一个仍处于劣势的业务”：</strong> GlobalData 的董事总经理 Neil Saunders 指出，Foot Locker 近年来的转型计划进展缓慢，使其远非无风险收购。</li>
</ul>
<h2>5. 接下来：鲍威尔讲话和数据洪流</h2>
<p>美国联邦储备委员会主席杰罗姆·鲍威尔今天将发表讲话，这是他自上周政策会议以来的首次公开发言，将对本周早些时候低于预期的通胀数据作出反应。</p>
<ul>
<li><strong>更多通胀数据待消化：</strong> 预计 4 月份的生产者价格指数 (PPI) 将从上个月的 2.7% 降至 2.5%，进一步显示国内经济通胀放缓的迹象。</li>
<li><strong>其他发布的预期混合：</strong> 对于 4 月份零售销售数据的共识预期为 0% 的增长，较上个月的 1.5% 增长大幅下降。初请失业金人数预计为 229,000，与上周基本持平。</li>
</ul>
<h2>6. 你的看法</h2>
<p><strong>沃尔玛</strong>(WMT 0.87%) – 今天发布财报 – 在过去 5 年中上涨了 135%。在同一时期，标准普尔 500 指数上涨了 106%。</p>
<p>沃尔玛在未来 5 年会超越市场吗？与朋友和家人讨论，或成为会员听听其他投资者的看法！</p>

星巴克

<p>星巴克（SBUX）正在探索在中国扩展业务的选项，可能涉及价值数十亿美元的股份出售。首席执行官布赖恩·尼科尔（Brian Niccol）强调，尽管面临来自本地竞争对手如瑞幸咖啡的竞争，公司对中国的长期承诺依然坚定。与此同时，CoreWeave 的股票因令人失望的盈利前景而下跌，而思科的股票因对人工智能相关网络设备的需求增加而上涨。Foot Locker 的股票因有可能被 Dick's Sporting Goods 收购的消息而暴涨近 70%。此外，美国联邦储备委员会主席杰罗姆·鲍威尔（Jerome Powell）今天将发表讲话，预计将发布关键的通胀数据</p>

<p><img src="https://imageproxy.pbkrs.com/https://m.foolcdn.com/media/dubs/images/email-header-breakfast-news.max-800x600.png" alt="" original-src="https://m.foolcdn.com/media/dubs/images/email-header-breakfast-news.max-800x600.png"/></p>
<h2>Breakfast News: SBUX Assesses China Options</h2>
<div class="lb-trans"><h2>早餐新闻：星巴克评估中国选项</h2>
</div><h3>May 15, 2025</h3>
<div class="lb-trans"><p>###2025 年 5 月 15 日</p>
</div><table>
<thead>
<tr>
<th>Wednesday's Markets</th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>S&amp;P 500</strong><br/>5,893 (+0.1%)</td>
</tr>
<tr>
<td><strong>Nasdaq</strong><br/>19,147 (+0.72%)</td>
</tr>
<tr>
<td><strong>Dow</strong><br/>42,051 (-0.21%)</td>
</tr>
<tr>
<td><strong>Bitcoin</strong><br/>$103,424 (-1.14%)</td>
</tr>
</tbody>
</table>
<div class="lb-trans"><table>
<thead>
<tr>
<th>周三市场</th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>标准普尔 500</strong><br/>5,893 (+0.1%)</td>
</tr>
<tr>
<td><strong>纳斯达克</strong><br/>19,147 (+0.72%)</td>
</tr>
<tr>
<td><strong>道琼斯</strong><br/>42,051 (-0.21%)</td>
</tr>
<tr>
<td><strong>比特币</strong><br/>$103,424 (-1.14%)</td>
</tr>
</tbody>
</table>
</div><p><img src="https://imageproxy.pbkrs.com/https://braze-images.com/appboy/communication/assets/image_assets/images/6825c338486e960067cf6042/original.png/query-MTc0NzMwNTI3MQ" alt="" original-src="https://braze-images.com/appboy/communication/assets/image_assets/images/6825c338486e960067cf6042/original.png?1747305271"/></p>
<p>Source: Image Created by Jester AI.</p>
<div class="lb-trans"><p>来源：Jester AI 制作的图像。</p>
</div><h2>1. Starbucks Brews Over China Revamp</h2>
<div class="lb-trans"><h2>1. 星巴克考虑中国业务重组</h2>
</div><p><strong>Starbucks</strong>(SBUX -0.41%) is in talks with potential investors regarding how to expand business in its second-largest market, China, reports Bloomberg. This includes the potential for a possible stake sale valued at several billion dollars.</p>
<div class="lb-trans"><p><strong>星巴克</strong>(SBUX -0.41%) 正在与潜在投资者进行谈判，讨论如何在其第二大市场中国扩展业务，彭博社报道。这包括可能出售价值数十亿美元的股份。</p>
</div><ul>
<li><strong>&#34;We remain committed to China for the long term&#34;:</strong> CEO Brian Niccol cited great potential in China just a few weeks back on the latest earnings call, which could indicate more of a local partnership is being pursued rather than an outright sale.</li>
<li><strong>7,750 stores with $740 million in quarterly revenue:</strong> <em>Dividend Investor</em> recommendation Starbucks has come under pressure in the key market due to local players including <strong>Luckin Coffee</strong> and Cotti Coffee taking market share. Luckin's revenue was almost $500 million more than Starbucks in the latest quarter.</li>
</ul>
<div class="lb-trans"><ul>
<li><strong>“我们对中国的长期承诺不变”：</strong> 首席执行官 Brian Niccol 在最近的财报电话会议上提到中国的巨大潜力，这可能表明公司正在寻求更多的本地合作伙伴关系，而不是完全出售。</li>
<li><strong>7,750 家门店，季度收入 7.4 亿美元：</strong> <em>Dividend Investor</em> 推荐的星巴克在关键市场面临压力，主要是由于 <strong>瑞幸咖啡</strong> 和 Cotti Coffee 等本地竞争者抢占市场份额。瑞幸在最新季度的收入几乎比星巴克多出 5 亿美元。</li>
</ul>
</div><h2>2. Contrasting Outlooks for CoreWeave and Cisco</h2>
<div class="lb-trans"><h2>2. CoreWeave 与思科的对比前景</h2>
</div><p><strong>CoreWeave</strong>(CRWV 7.13%) issued its first earnings release since the March IPO after the market closed, with the stock down almost 8% despite beating revenue expectations due to an underwhelming outlook.</p>
<div class="lb-trans"><p><strong>CoreWeave</strong>(CRWV 7.13%) 在市场收盘后发布了自 3 月 IPO 以来的首次财报，尽管超出了收入预期，但股价仍下跌近 8%，原因是前景不佳。</p>
</div><ul>
<li><strong>Loss accelerates to $314.6 million from $129.2 million last year:</strong> CEO Mike Intrator warned of higher costs having a negative impact on near-term profit margins as the business is increasing investments, with quarterly losses expected to continue.</li>
<li><strong>Taking more than $600 million in AI-infrastructure orders:</strong> <em>Hidden Gems</em> rec <strong>Cisco</strong>(CSCO -0.92%) jumped over 3% after the closing bell thanks to the raise in full-year earnings outlook. This is being fueled by increased demand from cloud customers for AI-related networking equipment.</li>
</ul>
<div class="lb-trans"><ul>
<li><strong>亏损加速至 3.146 亿美元，去年为 1.292 亿美元：</strong> 首席执行官 Mike Intrator 警告称，成本上升将对短期利润率产生负面影响，因为公司正在增加投资，预计季度亏损将持续。</li>
<li><strong>获得超过 6 亿美元的 AI 基础设施订单：</strong> <em>Hidden Gems</em> 推荐的 <strong>思科</strong>(CSCO -0.92%) 在收盘后上涨超过 3%，得益于全年盈利预期的上调。这是由于云客户对 AI 相关网络设备的需求增加。</li>
</ul>
</div><h2>3. Key Earnings Today: AMAT, Globant, Deere</h2>
<div class="lb-trans"><h2>3. 今日关键财报：AMAT、Globant、Deere</h2>
</div><p><strong>Applied Materials</strong>(AMAT 0.66%) is due to release Q1 earnings after the market closes. An update on China-related sales and any tariff impact will be monitored, alongside how AI-driven demand is holding up.</p>
<div class="lb-trans"><p><strong>应用材料</strong>(AMAT 0.66%) 将在市场收盘后发布第一季度财报。将关注与中国相关的销售更新及任何关税影响，以及 AI 驱动的需求表现如何。</p>
</div><ul>
<li><strong>346 accounts exceeding $1 million in annual revenue:</strong> <strong>Globant</strong>(GLOB -4.91%) signaled a positive outlook last quarter, so investors will be keen to see if this materializes with the results released after the trading day finishes. Growth in large client accounts will be a key metric.</li>
<li><strong>Farm equipment industry in trade war fallout:</strong> <strong>Deere &amp; Company</strong>(DE -0.26%) released earnings ahead of the market opening, with softer demand and tariff uncertainty meaning the business cut the lower end of its profit forecast.</li>
</ul>
<div class="lb-trans"><ul>
<li><strong>346 个年收入超过 100 万美元的账户：</strong> <strong>Globant</strong>(GLOB -4.91%) 在上个季度发出了积极的前景信号，因此投资者将密切关注这一信号是否在交易日结束后发布的结果中得以体现。大型客户账户的增长将是一个关键指标。</li>
<li><strong>农机行业在贸易战影响下：</strong> <strong>迪尔公司</strong>(DE -0.26%) 在市场开盘前发布了财报，由于需求疲软和关税不确定性，业务下调了利润预期的下限。</li>
</ul>
</div><h2>4. Foot Locker Rips Higher on Acquisition News</h2>
<div class="lb-trans"><h2>4. Foot Locker 因收购消息大幅上涨</h2>
</div><p><strong>Foot Locker</strong>(FL -3.12%) surged almost 70% ahead of the opening bell following news that <strong>Dick's Sporting Goods</strong>(DKS -1.09%) is in advanced talks to buy the company, with a deal announcement potentially coming today.</p>
<div class="lb-trans"><p><strong>Foot Locker</strong>(FL -3.12%) 在开盘前因 <strong>Dick's Sporting Goods</strong>(DKS -1.09%) 正在进行收购谈判而上涨近 70%，预计今天将宣布交易。</p>
</div><ul>
<li><strong>41% year-to-date fall in Foot Locker:</strong> The deal would allow Dick's to tap into the 2,400 stores of Foot Locker based in smaller locations around the world, differentiating from the 800 big-box stores it has mostly in U.S. suburbs.</li>
<li><strong>&#34;Dick's would be inheriting a business that remains on the back foot&#34;:</strong> Neil Saunders, managing director at GlobalData, noted the turnaround plans for Foot Locker in recent years have been slow, making it far from a risk-free acquisition.</li>
</ul>
<div class="lb-trans"><ul>
<li><strong>Foot Locker 年初至今下跌 41%：</strong> 此交易将使 Dick's 能够利用 Foot Locker 在全球小型地点的 2,400 家门店，与其在美国郊区的 800 家大型商店形成差异化。</li>
<li><strong>“Dick's 将接手一个仍处于劣势的业务”：</strong> GlobalData 的董事总经理 Neil Saunders 指出，Foot Locker 近年来的转型计划进展缓慢，使其远非无风险收购。</li>
</ul>
</div><h2>5. Next Up: Powell Speech and Data Deluge</h2>
<div class="lb-trans"><h2>5. 接下来：鲍威尔讲话和数据洪流</h2>
</div><p>U.S. Federal Reserve Chair Jerome Powell will speak today in his first public remarks since last week's policy meeting, giving his reaction to the lower-than-expected inflation print earlier this week.</p>
<div class="lb-trans"><p>美国联邦储备委员会主席杰罗姆·鲍威尔今天将发表讲话，这是他自上周政策会议以来的首次公开发言，将对本周早些时候低于预期的通胀数据作出反应。</p>
</div><ul>
<li><strong>More inflation data to digest:</strong> The Producer Price Index (PPI) for April is expected to fall from 2.7% last month to 2.5%, providing further signs of easing inflation in the domestic economy.</li>
<li><strong>Mixed expectations for other releases:</strong> The consensus view for April Retail Sales data is for a 0% increase, a sharp drop from 1.5% growth last month. Initial Jobless Claims are expected to be at 229k, with no real change from the previous week.</li>
</ul>
<div class="lb-trans"><ul>
<li><strong>更多通胀数据待消化：</strong> 预计 4 月份的生产者价格指数 (PPI) 将从上个月的 2.7% 降至 2.5%，进一步显示国内经济通胀放缓的迹象。</li>
<li><strong>其他发布的预期混合：</strong> 对于 4 月份零售销售数据的共识预期为 0% 的增长，较上个月的 1.5% 增长大幅下降。初请失业金人数预计为 229,000，与上周基本持平。</li>
</ul>
</div><h2>6. Your Take</h2>
<div class="lb-trans"><h2>6. 你的看法</h2>
</div><p><strong>Walmart</strong>(WMT 0.87%) – reporting today – is up 135% over the last 5 years. Across the same period, the S&amp;P 500 is up 106%.</p>
<div class="lb-trans"><p><strong>沃尔玛</strong>(WMT 0.87%) – 今天发布财报 – 在过去 5 年中上涨了 135%。在同一时期，标准普尔 500 指数上涨了 106%。</p>
</div><p>Will Walmart be a market-beater over the next 5 years? Debate with friends and family, or become a member to hear what your fellow Fools are saying!</p>
<div class="lb-trans"><p>沃尔玛在未来 5 年会超越市场吗？与朋友和家人讨论，或成为会员听听其他投资者的看法！</p>
</div>

Breakfast News: SBUX Assesses China Options

- 星巴克正在与潜在投资者洽谈在中国扩展业务的可能性。  
- 由于本地竞争对手的压力，星巴克在中国市场面临挑战。  
- 美联储主席鲍威尔将发表讲话，预计将讨论最新的通胀数据。

早餐新闻：星巴克正在评估其在中国的选项