Drinking coffee - caffeinated or decaffeinated - could lead to a reduced risk of killers including heart disease, cancer, stroke and liver disease, according to two studies done by the Annals of Internal Medicine and published by the American College of Physicians, CNBC reported.
The studies lasted 16 years and examined the relationship between coffee-drinking and mortality. The good news for coffee addicts? Your risk of dying might be lower when you drink coffee, no matter what gender or ethnicity. The better news? The more you drink, the better off you might be.
It might take some time for coffee companies to catch up with the news, though. Stock of Starbucks Corp (SBUX) - Get Starbucks Corporation Report , Dunkin Brands Group Inc (DNKN) - Get Dunkin' Brands Group, Inc. Report , JM Smucker Co (SJM) - Get J.M. Smucker Company (SJM) Report , Coffee Holding Co (JVA) - Get Coffee Holding Co., Inc. Report and Mondelez International (MDLZ) - Get Mondelez International, Inc. Class A (MDLZ) Report all finished lower Monday.
What's Hot On TheStreet
Watch out, Apple: Louis Vuitton Tuesday unveiled its first smartwatch coined the Tambour Horizon in a bid to cut into Apple Inc's (AAPL) - Get Apple Inc. (AAPL) Report hold on the wearables market, TheStreet reports.
The watch was made in conjunction with Alphabet's (GOOGL) - Get Alphabet Inc. Class A Report Google and Qualcomm Technology (QCOM) - Get QUALCOMM Incorporated Report and starts at a lofty $2,450. It works with both Apple and Android devices, and is the first Android Wear smartwatch that functions in China.
Yes, it's Amazon Prime Day: Although many probably have Amazon (AMZN) - Get Amazon.com, Inc. Report Prime Day fatigue right now, that doesn't mean they won't be spending aggressively on big digital deals. Amazon stands to ring up more than $2 billion in sales worldwide during the 30-hour sale known as Prime Day, Internet Retailer predicts. The gain would mark about a 21% increase from a year ago. U.S. sales alone are pegged at $1.56 billion, up 20% from last year, TheStreet reports.
Bitcoin has crashed: Traders that have rode the wave higher in Bitcoin via cryptocurrency plays such as Advanced Micro Devices (AMD) - Get Advanced Micro Devices, Inc. Report and Nvidia (NVDA) - Get NVIDIA Corporation Report may want to reconsider their bullishness. Bitcoin prices entered into bear market territory Tuesday, TheStreet reports, as an embarrassing legal case kicked off in Japan and experts continue to squabble over key changes to the cryptocurrency's infrastructure.
Bye-bye regulations: President Trump late Monday nominated former Treasury official Randal Quarles as the Federal Reserve's top bank supervisor. As TheStreet's Ron Orol reports, the nomination could lead the way to a dismantling of many Obama Administration bank regulations and is one that is expected to send a positive signal for now to big and regional bank stocks. Orol points out that the appointment could boost bank stocks such as Bank of America (BAC) - Get Bank of America Corp Report , Wells Fargo (WFC) - Get Wells Fargo & Company Report , Citigroup (C) - Get Citigroup Inc. Report and Goldman Sachs (GS) - Get Goldman Sachs Group, Inc. (GS) Report in the near-term.
Apple, Starbucks, Alphabet, Wells Fargo and Citigroup are holdings in Jim Cramer's Action Alerts PLUS Charitable Trust Portfolio. Want to be alerted before Cramer buys or sells AAPL, SBUX, GOOGL, WFC and C? Learn more now.
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