27 March 2017: The Wonders of Technology Never CeaseThere’s a new story on the bbc about CafeX, robotic barista serves up coffee.
OK, CNET did the same story a month ago but that’s not the point. Look at this video:
They have created a machine that makes coffee!
I wonder if they will be brave enough to call it a “coffee machine”?
Snide remarks aside: As for the Starbucks stock? Investors don’t seem that worried about this ‘new’ story.
Having said that, they might be worried about something else.
Looking at the chart, the share price has been trading in the same $10 range since July 2015, i.e. trading between $52-62.
That’s still a wide range but a definite change from the impressive pre-July 2015 share price rise.
Live Starbucks Chart and Prices
Where Can I Spread Bet on Starbucks?
Remember: Spread betting, CFDs and forex trading carry a high level of risk. You can lose more than your initial investment. These products are not suitable for all investors. Only speculate with money that you can afford to lose. Make sure you fully understand the risks involved and seek independent financial advice where necessary.