CNBC Daily Open: BOJ ups rate to 0.25%; U.S. stocks fall; Starbucks' same-store sales decline

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for the second quarter, helped by robust demand for its advanced memory chips, which are essential for AI training. Revenue climbed 23.42% year-over-year to 74.07 trillion Korean won, or around $53.45 billion. Operating profit increased 15 times to 10.44 trillion Korean won. The South Korean tech giant said sales of high-end memory chips used in servers will continue to be strong.ahead of Wednesday's rate decision.

Starbucks' plummeting same-store sales in China are just the latest symptom of weakness in the world's second-largest economy.like Temu and Shein poses a serious threat to retailers such as Amazon and eBay as they gain traction in the U.S. market.

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