Birdwatch Note Rating
2024-02-26 12:46:18 UTC - HELPFUL
Rated by Participant: 23339E642A655E01FAA2B9CEB2BEAE494FA74B9AC72379765C3045F498518F49
Participant Details
Original Note:
Starbucks hasn't lost $12 billion in profits. It's market value decreased because of slower growth, but Q4 2023 still made $6.44 billion. https://www.vox.com/money/2023/12/13/23999981/starbucks-boycott-israel-palestine-market-value-loss-holidays-labor https://www.macrotrends.net/stocks/charts/SBUX/starbucks/gross-profit#:~:text=Starbucks%20gross%20profit%20for%20the,a%2012.01%25%20increase%20from%202022. Puma didn't resign from the sponsorship, it failed to renew. This decision was made prior to Oct 7 and is unrelated to the war. https://www.foxbusiness.com/sports/puma-drop-sponsorship-israels-national-soccer-team-next-year-decision-unrelated-bds-movement
All Note Details