Julie Morgan
👤 SpeakerAppearances Over Time
Podcast Appearances
Coca-Cola has canceled its plan to sell Costa coffee after private equity bids fell short of what they were expecting.
According to a Financial Times report that cites people familiar with the matter, they ended negotiations back in December.
The report added that TDR Capital and Bain Capital's special situations fund
were among the bidders in the final round of negotiations.
Coca-Cola sought around £2 billion, roughly half the £3.9 billion it paid to acquire Costa from Whitbread in 2018.
A source added that the company may revisit this plan at a later date.
Tesla will stop selling full self-driving after February 14th.
The CEO said in a post on X that FSD will only be available as a monthly subscription thereafter.
FSD is a supervised partial vehicle automation system currently available in the U.S., Canada, China, Mexico, Puerto Rico, Australia, and New Zealand, and will come to other regions in future updates.
The features include semi-autonomous navigation, response to traffic lights and stop signs, lane change assistance and self-parking.
Of course, I have a few other articles that are trending on Seeking Alpha.
formally clears NVIDIA's H200 AI chip exports to China with some conditions.
And as a follow-up to that story, there is a report that says China's customs agents are told not to allow NVIDIA's H200 chips to enter the country.
And Uber Eats and DoorDash allegedly curtail tipping for delivery drivers.
One item of note on our catalyst to watch for the day, the Detroit Auto Show will include press conferences and model reveals from major automakers.
The winners of the 2026 North American Car, Truck, and Utility Vehicle of the Year Awards will also be announced.
On Wall Street at this early hour, Dow, S&P and Nasdaq futures are in the red.
Crude oil is up 0.6% at $61 a barrel.
Bitcoin is down 0.4% at $94,000.