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Starbucks is building its own artificial intelligence tools to replace software it currently buys from tech giants such as Microsoft and IBM as part of a sweeping $2-billion cost-reduction initiative.
Starbucks is building AI-assisted in-house tools that could replace Microsoft, IBM, and Oracle software.
Starbucks Expands Internal AI DevelopmentStarbucks Corp. (NASDAQ:SBUX) is reportedly developing artificial intelligence-powered software that could replace several enterprise applications currently supplied by Microsoft Corp.
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
Starbucks' plan to replace IBM and Microsoft tools with in-house AI highlights
Starbucks Corporation (NASDAQ:SBUX) was among Jim Cramer’s stock calls on Mad Money, as he highlighted the AI opportunities in neoclouds. Cramer highlighted that he likes the company’s new product, as he remarked: Next, we know that a cup of coffee at Starbucks might not be such a bargain, but oh, I like that new protein […]
Investing.com -- IBM, ServiceNow, and Salesforce shares are down in premarket trading on Thursday after a report that Starbucks is developing in-house software using artificial intelligence that could replace applications it currently buys from outside vendors.
Investing.com -- Starbucks Corp. is creating its own software tools using artificial intelligence that could replace applications it currently purchases from Microsoft Corp. and International Business Machines Corp., Bloomberg reported Thursday citing an internal company presentation.
(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
Everyone from coffee chains to fast-food giants are boosting drinks menus to bring in more customers.
India's coffee chain plans rapid expansion, Dubai debut, and a potential IPO within five to seven years.
SBUX is nearing its 52-week high as stronger traffic, loyalty growth and turnaround efforts keep investors focused on the next move.
Starbucks (SBUX) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
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...
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.
RBC Capital Markets lowered its price target on Restaurant Brands International (QSR.TO, QSR) to $85
Fast food chains are turning to a booming $32 billion collectibles market and limited-edition merchandise to drive customer loyalty and distract from menu price hikes that have risen 30% since 2019.
In the latest trading session, Starbucks (SBUX) closed at $102.11, marking a -2.07% move from the previous day.
SBUX's loyalty program, personalization and faster service are helping drive higher store traffic and customer engagement.
Wendy's 28% gain in a month is fueled by retail-trader buzz, Project Fresh optimism and valuation appeal, but weak U.S. sales and cost inflation loom.
The functional beverage market is projected to reach $235 billion by 2031. BellRing Brands, Starbucks, and Celsius Holdings offer investors varying levels of exposure to the trend.
Costco, like many of its retail rivals, has embraced artificial intelligence (AI). That's perhaps a little surprising given that the chain has traditionally waited for its rivals to prove the benefits of using emerging technology before adopting it. AI, while it has become common, has also had its ...
Starbucks (NASDAQ:SBUX) and Chipotle Mexican Grill (NYSE:CMG) just delivered two of the most instructive turnaround updates in restaurants. Starbucks posted its clearest inflection yet under Brian Niccol. Chipotle, still working through a full year of negative comps, leaned harder on unit growth and menu innovation. Same sector, two very different scoreboards. Coffee Traffic Comes Back. ... Starbucks vs Chipotle: Two Restaurant Titans, Two Playbooks, Only One Winner
The company is fighting to win over cash-strapped customers, but the cost of that fight is starting to strain the very franchise system that powers its business.
For roughly the same amount of money, you could buy two stocks and add more growth opportunity to the mix.
Five coffee chains. Five completely different strategies. One coffee consultant breaking down exactly how each one wins.*Winning in retail isn't simple. We made it easier for you to know how:* https://clickhubspot.com/et1aCoffee consultant Matthew Evilsizor digs into the playbooks behind Starbucks, McDonald's, Dunkin', Dutch Bros, and Blank Street. Turns out, Starbucks is quietly running a $1.8 billion banking operation through its gift card program, Dutch Bros makes more money per square foot than almost any chain in the industry, and McDonald's has 210 million app subscribers it manipulates with 15-minute flash deals to manufacture urgency and cash flow on demand. Each chain dominates through a completely different mix of menu design, loyalty strategy, store footprint, and customer experience — and Matthew breaks down the mechanics behind all of it.0:00 Intro0:20 Menu Architecture4:40 Loyalty Strategy8:56 Biggest Trends in Retail9:40 Customer Experience13:15 Store DesignSpecial thanks to Matthew Evilsizor for contributing to this video. You can find more about his business here: https://consciousbean.com/Get the 5-minute newsletter keeping 2M+ innovators in the loop: https://thehustle.co/join-free-2
Yahoo Finance Senior Reporter Brooke DiPalma takes a closer look at Starbucks' (SBUX) fruit flavor and cold foam boom. Make sure to check out Yahoo Finance's new Food & Beverage Hub for expert restaurant coverage and more.
Order up: How this viral trend is taking over coffee menus.
SBUX enters 2H FY26 with sales momentum improving, but easing coffee, tariff and cost pressures remain key to margin recovery.
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