Starbucks Pivotts in China and Meta makes big investments.

You're listening to Mali Fool Money.

Welcome to Mottley Fool Money. I'm Jason Moser. Joining me today. It's Motley Fool analyst. Lou Whiteman.

Lou, thanks for being here. Great to be seen. On today's show, Hershey has a new CEO. Met is making some big investments in AI.

And earnings season is, believe it or not, right around the corner. But today we begin with the King of Coffee.

Reports are that Starbucks has garnered quite a bit of interest in its China business

as it looks possibly selling a majority stake in that business.

And the company said, I quote,

we remain committed to China and want to retain a meaningful stake in the business.

Any deal must make sense for Starbucks business and partners."

And quote, Lou, China has been a bit of a challenge for Starbucks as of late.

Do you think this is the right move to try to sell the majority stake in this business?

I do.

I like this a lot.

New CEO, Brian Nicol, he's got a lot on his plate, right?

He's articulated a plan, the back to Starbucks.

He's going to revitalize the domestic business.

But look, it's going to take time.

It's going to take resources.

Finding a partner to work with China, it would allow Starbucks to retain some of the upside.

But, you know, yeah, it is a massive market. I get it. But it would provide a cash

infusion and take one thing off of that plate, off of that daily agenda. It feels like a win-win.

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