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13:27
Starbucks will further cut 300 jobs to reduce costs
Golden Ten Data, May 15|Starbucks will cut another 300 corporate positions, as part of its latest measure to achieve its cost reduction goal. This round of layoffs involves various locations across the United States, including its headquarters in Seattle. The company stated on Friday that it is also re-evaluating business positions overseas. Starbucks is recovering from prolonged sales sluggishness by launching new products, strengthening marketing efforts, and providing accurate and efficient order services. The company also plans to cut $2 billion in costs within two years and has already eliminated more than 2,000 corporate positions, including last month's layoffs.
13:24
Bloomberg Analyst: DRAM ETF nears $10 billions in assets, possibly setting a record for fastest growth
Odaily reports that Bloomberg Senior ETF Analyst Eric Balchunas posted on X, stating that the $DRAM ETF's asset size has reached $9.98 billion. If rounded to $10 billion, it would become the fastest ETF in history to break this scale, taking only about 43 days. Eric Balchunas cited data showing that this product set one of the fastest records ever for reaching a $10 billion scale in ETF history, far surpassing the capital accumulation rate of similar products in the past. However, he also pointed out that due to considerable market volatility on the day, the net asset value may temporarily fall back, and the AUM figure could decrease with market adjustments.
13:21
XRP price faces resistance; derivatives trading activity on the rise
XRP price failed to break through resistance, despite increased derivatives trading activity ahead of a key Senate vote that could formally strengthen its commodity status.
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