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Starbucks tries something it failed at before
TheStreet33d agoneutral
Starbucks tries something it failed at before

Ten months ago, in September 2025, Starbucks walked into 11,000 stores with NomadGo’s inventory Artificial Intelligence (AI) tool that promised 99% accuracy and counted up to eight times faster than a human. After 9 months, in May 2026, according to Reuters, an internal newsletter retired the ...

Jim Cramer recommends buying these 5 stocks
TheStreet33d agobullish
Jim Cramer recommends buying these 5 stocks

A single weak jobs report moved more money on Wall Street on Monday than any independent company's earnings ever could. That is what played out on Monday, July 6, 2026, and Jim Cramer thinks it handed patient investors a rare opening. The CNBC host argues that big investment funds sold off shares ...

Wingstop Was the Fastest-Growing Restaurant in America Last Year
QSR33d agoneutral
Wingstop Was the Fastest-Growing Restaurant in America Last Year

In a preview of August’s upcoming QSR 50, it was not Starbucks (as was the case in recent years), Chipotle, 7 Brew, Chick-fil-A, Taco Bell, Dutch Bros, or any other buzzing restaurant brand clocking in as the fastest-growing in the U.S.—it was Wingstop, by nearly 100 locations. Despite a 2025 that didn’t lack for challenges, […]

Starbucks (SBUX) Is Replacing Microsoft And IBM Software To Cut $400 Million Spend
Simply Wall St.34d agoneutral
Starbucks (SBUX) Is Replacing Microsoft And IBM Software To Cut $400 Million Spend

Starbucks is rolling out new proprietary artificial intelligence platforms to replace key Microsoft and IBM inventory and maintenance systems. The company is tying this technology shift to a wider $2b cost reduction plan, including a targeted cut to its $400m annual software budget. The overhaul is aimed at gaining more control over operations and could influence how other global consumer brands approach enterprise technology. Starbucks, traded as NasdaqGS:SBUX, is layering this AI push on...

Starbucks taps childhood nostalgia with 5 new drinks
TheStreet34d agoneutral
Starbucks taps childhood nostalgia with 5 new drinks

Starbucks (SBUX) is looking to chase a feeling that doesn’t start in a coffee shop. In fact, it typically starts with summer, orange-and-vanilla frozen treats, and the sort of dessert most people remember from childhood before they ever knew what espresso was. That’s what makes the coffee-shop ...

Starbucks (SBUX) Stock Is Up, What You Need To Know
StockStory34d agoneutral
Starbucks (SBUX) Stock Is Up, What You Need To Know

Shares of coffeehouse chain Starbucks (NASDAQ:SBUX) jumped 3.1% in the afternoon session after reports revealed it is developing in-house artificial intelligence (AI) tools to cut costs and reduce its reliance on software from vendors like Microsoft and IBM.

Jim Cramer: “Anthropic Is the Winner Now” as Enterprises Move to Slash Tech Budgets in Half
24/7 Wall St.34d agoneutral
Jim Cramer: “Anthropic Is the Winner Now” as Enterprises Move to Slash Tech Budgets in Half

On CNBC’s Squawk on the Street on July 9, 2026, Jim Cramer argued that the real profit engine of the enterprise AI wave sits at the model layer, which is collecting the checks hyperscalers are writing. “Anthropic is the one that’s actually making a lot of money doing some work on Salesforce,” Cramer said, going ... Jim Cramer: “Anthropic Is the Winner Now” as Enterprises Move to Slash Tech Budgets in Half

3 Beaten-Down Consumer Stocks to Buy in July
24/7 Wall St.35d agobullish
3 Beaten-Down Consumer Stocks to Buy in July

Consumer sentiment just hit 44.8 in May 2026, down 5 points from April and firmly in recessionary territory. Yet the actual spending data tells a different story: Total personal consumption expenditures climbed to $22,059.8 billion in May 2026, with recreational goods, clothing and food services all showing year-over-year growth. That gap between mood and money ... 3 Beaten-Down Consumer Stocks to Buy in July

Bloomberg35d agoneutral
Starbucks Taps AI to Reduce Reliance on Microsoft, IBM Software

(Bloomberg) -- Starbucks Corp. is developing in-house tools with the help of artificial intelligence that could replace some software applications it now buys from companies such as Microsoft Corp. and International Business Machines Corp.Most Read from BloombergMicrosoft’s Xbox to Shift Obsidian Studio to New ‘Fallout’ Video GameNvidia’s $1 Trillion Slide Sends Valuation to Pre-AI Boom LevelsTrump Vents Anger With Iran and Warns Ceasefire May Be ‘Over’US Military Launches Strikes on Iran for Se

Starbucks (SBUX) Could Be 4% Undervalued As Dividend News Keeps Valuation In Focus
Simply Wall St.36d agoneutral
Starbucks (SBUX) Could Be 4% Undervalued As Dividend News Keeps Valuation In Focus

Starbucks (SBUX) has affirmed a quarterly cash dividend of $0.62 per share, payable on August 28, 2026, to shareholders of record on August 14, 2026, which may keep income-focused investors attentive. See our latest analysis for Starbucks. At a share price of $102.11, Starbucks has seen short term pressure with a 1 day share price return of 2.07% and a 7 day return of 1.87%. However, the 30 day and year to date share price returns of 7.16% and 21.60% suggest momentum has been building. Over...

3 Reasons to Sell SBUX and 1 Stock to Buy Instead
StockStory37d agoneutral
3 Reasons to Sell SBUX and 1 Stock to Buy Instead

Starbucks has had an impressive run over the past six months as its shares have beaten the S&P 500 by 9.9%. The stock now trades at $102.24, marking a 17.9% gain. This was partly due to its solid quarterly results, and the performance may have investors wondering how to approach the situation.