Brew Markets Why Exxon Is Wooing Retail Investors & Luckin Coffee Comes For Starbucks
Sep 16, 2025
The discussion dives into Exxon's initiative to empower retail investors, suggesting it's more about self-interest than altruism. A fierce rivalry emerges as Luckin Coffee threatens Starbucks with aggressive pricing and innovative strategies, prompting Starbucks to rethink its brand. The segment also clarifies the ins and outs of over-the-counter shares, and the latest market movements set the stage for a pivotal Federal Reserve meeting, adding suspense to the financial landscape.
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Exxon's Auto-Vote Could Shift Proxy Power
- Exxon won SEC approval to run an opt-in auto-vote program that casts retail votes following management recommendations.
- If widely adopted, this could materially increase management-aligned votes and blunt activist campaigns.
PR Framing Masks Strategic Vote-Rallying
- Exxon frames the program as leveling the playing field, but Ann argues it's pragmatic defense against activists.
- The move raises the bar for executives to actively engage and rally retail investors via media and social channels.
Firsthand Visit To Luckin's New York Store
- John visited one of Luckin's first U.S. locations and ordered via the app with no in-person interaction.
- He picked up a ready drink at the counter and walked out without speaking to staff.