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Cabot Street Check

Inflation Falls, SBUX Upgrades, and ASTS to the Moon | Cabot Street Check

16 Aug 2024

Description

This week on Street Check, Chris and Brad discuss the strength of the American consumer, inflation falling into the 2% range and what the Fed's path forward looks like. Then, they talk about Chipotle's (CMG) surprise decision to poach Starbucks' (SBUX) CEO and whether a change in CEO moves the needle for companies. To close out the "Big 3," they take a look at AST SpaceMobile (ASTS) after shares ran up 50% ahead of their planned satellite launch. Finally, they explore the heightened trading volume at the end of the day, why it can catch retail investors off guard, and whether it's worth worrying about.

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