The biggest restaurant chain hits the states
Wall Street Breakfast
Seeking Alpha
4.1 • 1K Ratings
🗓️ 26 January 2026
⏱️ 5 minutes
🧾️ Download transcript
Summary
Don't miss one of the most insightful events of the year - our Top Ideas 2026 Investing Forum on January 27!
Episode transcripts: seekingalpha.com/wsb
Show links:
The world's largest restaurant chain made its U.S. debut
AppLovin in focus as Needham upgrades on back of bullish data
USA Rare Earth jumps after confirming U.S. government takes equity stake
Morgan Stanley’s 10 predictions for investing in 2026
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Transcript
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| 0:00.0 | Good afternoon. Today is Monday, January 26th. I'm your host today, Rena Sherble, filling in for Kim Khan. Our top story so far. The largest restaurant chain in the world by number of |
| 0:22.8 | locations is at McDonald's or Starbucks. It's China-based Mi Shue ice cream and tea, |
| 0:29.2 | trading under tickers MXUBY and MXUGF. The beverage and dessert chain was founded in 1997 |
| 0:35.9 | as a small ice cream stall near our university, |
| 0:38.9 | targeting students and budget-conscious consumers with ultra-low-priced treats. |
| 0:43.4 | Over time, Michois expanded its menu to bubble tea, fruit tea, milk, tea, coffee, and other |
| 0:48.4 | value-focused drinks, leaning on a franchise model that drove rapid store growth. |
| 0:53.4 | More recently, it has pushed aggressively |
| 0:55.2 | overseas, especially in Southeast Asia, where it now operates thousands of locations in Indonesia, |
| 1:00.8 | Vietnam, Thailand, Malaysia, and the Philippines. Growth plans now center not just on opening |
| 1:05.6 | more shops, but on strengthening its supply chain backbone, including new production facilities |
| 1:10.7 | in Hainan and Hinnan and an international supply chain backbone, including new production facilities in Hainan and |
| 1:11.8 | Hinnan and an international supply chain platform in Southeast Asia to support franchisees. |
| 1:17.1 | In the U.S., Mishue entered the market with its first store in Los Angeles in December, |
| 1:23.0 | marking its formal North American debut, followed by two locations in New York. Among active stocks, |
| 1:29.7 | App Loven, under ticker APP, is higher after Needham upgraded the mobile software company |
| 1:35.1 | to buy from hold. Analyst Bernie McTurton said additional work on its e-commerce business |
| 1:40.7 | has given the firm more confidence in the trajectory of e-commerce revenue growth |
| 1:45.1 | in 2026, just as the stock has pulled back from its highs a month ago. USA Rare Earth, ticker |
| 1:52.6 | USAR, is surging after the company said it entered into a non-binding letter of intent with the |
| 1:59.4 | U.S. Department of Commerce and announced a collaboration with the U.S. Department of Commerce and announced a collaboration |
| 2:02.2 | with the U.S. Department of Energy, confirming earlier reports. |
... |
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