Starbucks (SBUX) Earnings: Near-Term Trends Are On Fire

I think the near-term trends are on fire, so I fully expect a beat here in their earnings, says Nick Setyan. He and R.J. Hottovy previews Starbucks' (SBUX) earnings which will be released today, November 3rd, postmarket. They talk about how China's Covid lockdowns will impact the earnings. They also go over how incoming CEO Laxman Narasimhan will impact Starbucks. Tune in to find out more about the stock market today.