From Yahoo Finance.: 2025-06-13 16:13:00

Starbucks Corporation (NASDAQ: SBUX) plans to lower prices of iced beverages in China by an average of 5 yuan (about $0.70) starting June 10. The move aims to make drinks more affordable amid intense market competition and consumer spending caution. Some beverages will now be available for as little as 23 yuan.

The price cuts are not to match competitors but to attract more afternoon traffic. Despite avoiding price wars, Starbucks is exploring ways to revitalize operations in China, including selling stakes in the business. While SBUX is a good investment, certain AI stocks may offer greater upside potential with less downside risk.

If you’re interested in AI stocks with significant potential, consider other options besides SBUX. The company’s move to reduce prices in China aims to drive more traffic, but other AI stocks may offer better investment opportunities. Consider exploring alternative options to maximize gains.



Read more at Yahoo Finance.: Starbucks Plans Price Cuts in China Amid Intensifying Competition