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) , Dunkin Brands Group Inc (DNKN) , JM Smucker Co (SJM) , Coffee Holding Co (JVA) and Mondelez International (MDLZ) all finished lower Monday.
What's Hot On TheStreet
The watch was made in conjunction with Alphabet's (GOOGL) Google and Qualcomm Technology (QCOM) 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) 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) and Nvidia (NVDA) 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) , Wells Fargo (WFC) , Citigroup (C) and Goldman Sachs (GS) 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.
Visit here for the latest business headlines.