<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>早餐新聞：星巴克評估中國選項</h2>
<p>###2025 年 5 月 15 日</p>
<table>
<thead>
<tr>
<th>週三市場</th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>標準普爾 500</strong><br/>5,893 (+0.1%)</td>
</tr>
<tr>
<td><strong>納斯達克</strong><br/>19,147 (+0.72%)</td>
</tr>
<tr>
<td><strong>道瓊斯</strong><br/>42,051 (-0.21%)</td>
</tr>
<tr>
<td><strong>比特幣</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>來源：Jester AI 製作的圖像。</p>
<h2>1. 星巴克考慮中國業務重組</h2>
<p><strong>星巴克</strong>(SBUX -0.41%) 正在與潛在投資者進行談判，討論如何在其第二大市場中國擴展業務，彭博社報道。這包括可能出售價值數十億美元的股份。</p>
<ul>
<li><strong>“我們對中國的長期承諾不變”：</strong> 首席執行官 Brian Niccol 在最近的財報電話會議上提到中國的巨大潛力，這可能表明公司正在尋求更多的本地合作伙伴關係，而不是完全出售。</li>
<li><strong>7,750 家門店，季度收入 7.4 億美元：</strong> <em>Dividend Investor</em> 推薦的星巴克在關鍵市場面臨壓力，主要是由於 <strong>瑞幸咖啡</strong> 和 Cotti Coffee 等本地競爭者搶佔市場份額。瑞幸在最新季度的收入幾乎比星巴克多出 5 億美元。</li>
</ul>
<h2>2. CoreWeave 與思科的對比前景</h2>
<p><strong>CoreWeave</strong>(CRWV 7.13%) 在市場收盤後發佈了自 3 月 IPO 以來的首次財報，儘管超出了收入預期，但股價仍下跌近 8%，原因是前景不佳。</p>
<ul>
<li><strong>虧損加速至 3.146 億美元，去年為 1.292 億美元：</strong> 首席執行官 Mike Intrator 警告稱，成本上升將對短期利潤率產生負面影響，因為公司正在增加投資，預計季度虧損將持續。</li>
<li><strong>獲得超過 6 億美元的 AI 基礎設施訂單：</strong> <em>Hidden Gems</em> 推薦的 <strong>思科</strong>(CSCO -0.92%) 在收盤後上漲超過 3%，得益於全年盈利預期的上調。這是由於雲客户對 AI 相關網絡設備的需求增加。</li>
</ul>
<h2>3. 今日關鍵財報：AMAT、Globant、Deere</h2>
<p><strong>應用材料</strong>(AMAT 0.66%) 將在市場收盤後發佈第一季度財報。將關注與中國相關的銷售更新及任何關税影響，以及 AI 驅動的需求表現如何。</p>
<ul>
<li><strong>346 個年收入超過 100 萬美元的賬户：</strong> <strong>Globant</strong>(GLOB -4.91%) 在上個季度發出了積極的前景信號，因此投資者將密切關注這一信號是否在交易日結束後發佈的結果中得以體現。大型客户賬户的增長將是一個關鍵指標。</li>
<li><strong>農機行業在貿易戰影響下：</strong> <strong>迪爾公司</strong>(DE -0.26%) 在市場開盤前發佈了財報，由於需求疲軟和關税不確定性，業務下調了利潤預期的下限。</li>
</ul>
<h2>4. Foot Locker 因收購消息大幅上漲</h2>
<p><strong>Foot Locker</strong>(FL -3.12%) 在開盤前因 <strong>Dick's Sporting Goods</strong>(DKS -1.09%) 正在進行收購談判而上漲近 70%，預計今天將宣佈交易。</p>
<ul>
<li><strong>Foot Locker 年初至今下跌 41%：</strong> 此交易將使 Dick's 能夠利用 Foot Locker 在全球小型地點的 2,400 家門店，與其在美國郊區的 800 家大型商店形成差異化。</li>
<li><strong>“Dick's 將接手一個仍處於劣勢的業務”：</strong> GlobalData 的董事總經理 Neil Saunders 指出，Foot Locker 近年來的轉型計劃進展緩慢，使其遠非無風險收購。</li>
</ul>
<h2>5. 接下來：鮑威爾講話和數據洪流</h2>
<p>美國聯邦儲備委員會主席傑羅姆·鮑威爾今天將發表講話，這是他自上週政策會議以來的首次公開發言，將對本週早些時候低於預期的通脹數據作出反應。</p>
<ul>
<li><strong>更多通脹數據待消化：</strong> 預計 4 月份的生產者價格指數 (PPI) 將從上個月的 2.7% 降至 2.5%，進一步顯示國內經濟通脹放緩的跡象。</li>
<li><strong>其他發佈的預期混合：</strong> 對於 4 月份零售銷售數據的共識預期為 0% 的增長，較上個月的 1.5% 增長大幅下降。初請失業金人數預計為 229,000，與上週基本持平。</li>
</ul>
<h2>6. 你的看法</h2>
<p><strong>沃爾瑪</strong>(WMT 0.87%) – 今天發佈財報 – 在過去 5 年中上漲了 135%。在同一時期，標準普爾 500 指數上漲了 106%。</p>
<p>沃爾瑪在未來 5 年會超越市場嗎？與朋友和家人討論，或成為會員聽聽其他投資者的看法！</p>

星巴克

<p>星巴克（SBUX）正在探索在中國擴展業務的選項，可能涉及價值數十億美元的股份出售。首席執行官布賴恩·尼科爾（Brian Niccol）強調，儘管面臨來自本地競爭對手如瑞幸咖啡的競爭，公司對中國的長期承諾依然堅定。與此同時，CoreWeave 的股票因令人失望的盈利前景而下跌，而思科的股票因對人工智能相關網絡設備的需求增加而上漲。Foot Locker 的股票因有可能被 Dick's Sporting Goods 收購的消息而暴漲近 70%。此外，美國聯邦儲備委員會主席傑羅姆·鮑威爾（Jerome Powell）今天將發表講話，預計將發佈關鍵的通脹數據</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>早餐新聞：星巴克評估中國選項</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>週三市場</th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>標準普爾 500</strong><br/>5,893 (+0.1%)</td>
</tr>
<tr>
<td><strong>納斯達克</strong><br/>19,147 (+0.72%)</td>
</tr>
<tr>
<td><strong>道瓊斯</strong><br/>42,051 (-0.21%)</td>
</tr>
<tr>
<td><strong>比特幣</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>來源：Jester AI 製作的圖像。</p>
</div><h2>1. Starbucks Brews Over China Revamp</h2>
<div class="lb-trans"><h2>1. 星巴克考慮中國業務重組</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%) 正在與潛在投資者進行談判，討論如何在其第二大市場中國擴展業務，彭博社報道。這包括可能出售價值數十億美元的股份。</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>“我們對中國的長期承諾不變”：</strong> 首席執行官 Brian Niccol 在最近的財報電話會議上提到中國的巨大潛力，這可能表明公司正在尋求更多的本地合作伙伴關係，而不是完全出售。</li>
<li><strong>7,750 家門店，季度收入 7.4 億美元：</strong> <em>Dividend Investor</em> 推薦的星巴克在關鍵市場面臨壓力，主要是由於 <strong>瑞幸咖啡</strong> 和 Cotti Coffee 等本地競爭者搶佔市場份額。瑞幸在最新季度的收入幾乎比星巴克多出 5 億美元。</li>
</ul>
</div><h2>2. Contrasting Outlooks for CoreWeave and Cisco</h2>
<div class="lb-trans"><h2>2. CoreWeave 與思科的對比前景</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%) 在市場收盤後發佈了自 3 月 IPO 以來的首次財報，儘管超出了收入預期，但股價仍下跌近 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>虧損加速至 3.146 億美元，去年為 1.292 億美元：</strong> 首席執行官 Mike Intrator 警告稱，成本上升將對短期利潤率產生負面影響，因為公司正在增加投資，預計季度虧損將持續。</li>
<li><strong>獲得超過 6 億美元的 AI 基礎設施訂單：</strong> <em>Hidden Gems</em> 推薦的 <strong>思科</strong>(CSCO -0.92%) 在收盤後上漲超過 3%，得益於全年盈利預期的上調。這是由於雲客户對 AI 相關網絡設備的需求增加。</li>
</ul>
</div><h2>3. Key Earnings Today: AMAT, Globant, Deere</h2>
<div class="lb-trans"><h2>3. 今日關鍵財報：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>應用材料</strong>(AMAT 0.66%) 將在市場收盤後發佈第一季度財報。將關注與中國相關的銷售更新及任何關税影響，以及 AI 驅動的需求表現如何。</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 個年收入超過 100 萬美元的賬户：</strong> <strong>Globant</strong>(GLOB -4.91%) 在上個季度發出了積極的前景信號，因此投資者將密切關注這一信號是否在交易日結束後發佈的結果中得以體現。大型客户賬户的增長將是一個關鍵指標。</li>
<li><strong>農機行業在貿易戰影響下：</strong> <strong>迪爾公司</strong>(DE -0.26%) 在市場開盤前發佈了財報，由於需求疲軟和關税不確定性，業務下調了利潤預期的下限。</li>
</ul>
</div><h2>4. Foot Locker Rips Higher on Acquisition News</h2>
<div class="lb-trans"><h2>4. Foot Locker 因收購消息大幅上漲</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%) 在開盤前因 <strong>Dick's Sporting Goods</strong>(DKS -1.09%) 正在進行收購談判而上漲近 70%，預計今天將宣佈交易。</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> 此交易將使 Dick's 能夠利用 Foot Locker 在全球小型地點的 2,400 家門店，與其在美國郊區的 800 家大型商店形成差異化。</li>
<li><strong>“Dick's 將接手一個仍處於劣勢的業務”：</strong> GlobalData 的董事總經理 Neil Saunders 指出，Foot Locker 近年來的轉型計劃進展緩慢，使其遠非無風險收購。</li>
</ul>
</div><h2>5. Next Up: Powell Speech and Data Deluge</h2>
<div class="lb-trans"><h2>5. 接下來：鮑威爾講話和數據洪流</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>美國聯邦儲備委員會主席傑羅姆·鮑威爾今天將發表講話，這是他自上週政策會議以來的首次公開發言，將對本週早些時候低於預期的通脹數據作出反應。</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>更多通脹數據待消化：</strong> 預計 4 月份的生產者價格指數 (PPI) 將從上個月的 2.7% 降至 2.5%，進一步顯示國內經濟通脹放緩的跡象。</li>
<li><strong>其他發佈的預期混合：</strong> 對於 4 月份零售銷售數據的共識預期為 0% 的增長，較上個月的 1.5% 增長大幅下降。初請失業金人數預計為 229,000，與上週基本持平。</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>沃爾瑪</strong>(WMT 0.87%) – 今天發佈財報 – 在過去 5 年中上漲了 135%。在同一時期，標準普爾 500 指數上漲了 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>沃爾瑪在未來 5 年會超越市場嗎？與朋友和家人討論，或成為會員聽聽其他投資者的看法！</p>
</div>

Breakfast News: SBUX Assesses China Options

- 星巴克正在與潛在投資者洽談在中國擴展業務的可能性。  
- 由於本地競爭對手的壓力，星巴克在中國市場面臨挑戰。  
- 美聯儲主席鮑威爾將發表講話，預計將討論最新的通脹數據。

早餐新聞：星巴克正在評估其在中國的選項