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The stock market sold off as oil prices surged on Trump's Iran threats. Microsoft, Meta and Fortinet were key earnings movers late.

Starbucks is widely believed to be in turnaround mode, but margins, growth and earnings expectations have retreated in the two years since Brian Niccol took over. Read more below in today’s Markets A.

Earnings season kicks into high gear this week.

A federal judge has dismissed a lawsuit filed against the coffee shop giant, agreeing that its former CEO did not make “flagrantly false” statements about its sales results.

Starbucks stock has delivered a strong 26.4% gain year to date, while both the Discounted Cash Flow (DCF) intrinsic value estimate and earnings based multiples currently point to the shares trading at a premium rather than as a clear bargain. The 26.4% year to date return suggests investors have already priced in a meaningful part of the turnaround story and cost savings potential. Efforts to cut software spending through in house AI tools and wider cost reductions can support future cash...

Earlier this month, Starbucks Corporation confirmed its Board approved a quarterly cash dividend of US$0.62 per share, payable on August 28, 2026, to shareholders of record as of August 14, 2026. Alongside this dividend affirmation, Starbucks is pushing an intensive turnaround that combines US$400 million in targeted software cost savings with new bonus and pay structures for cafe workers. Next, we’ll explore how Starbucks’ push to cut US$400 million in annual software expenses could...

Starbucks' plan to replace IBM and Microsoft tools with in-house AI highlights

Starbucks (SBUX) concluded the recent trading session at $102.19, signifying a -1.8% move from its prior day's close.

Verizon launches new Simplicity plans dropping activation and upgrade fees while introducing a loyalty program with 3% back on bills and brand perks.

Madison Investments, an investment advisor, released its first-quarter 2026 investor letter for the “Madison Large Cap Fund”. A copy of the letter is available to download here. The Madison Large Cap Fund (Class I) declined 2.7% in the quarter, outperforming the S&P 500’s -4.33% return. The fund focuses on long-term capital appreciation. The quarter saw […]

Verizon is aiming to attract customers by offering simpler plans, dropping activation and upgrade fees and unveiling a ‌new loyalty program offering discounts and perks. The U.S. company is aggressively ‌competing with AT&T and T-Mobile in the saturated U.S. telecoms market, where network providers have extended device ​subsidies, added plan discounts and increased network infrastructure spending. Verizon said its new program will offer customers 3% back on bills from July that can be used toward new phones or at consumer brands like Sephora, Hilton, Marriott and Starbucks.

We recently published Jim Cramer Didn’t Hold Back On SpaceX’s IPO & Discussed These 12 Stocks. Starbucks Corporation (NASDAQ:SBUX) is one of the stocks discussed by Jim Cramer. Coffee chain Starbucks Corporation (NASDAQ:SBUX) is a frequent feature on Jim Cramer’s radar. For a year, the CNBC TV host has discussed the firm’s turnaround effort being […]

The artificial intelligence boom that’s pushing market caps to records is reshaping employment. Challenger, Gray & Christmas data highlighted on CNBC’s Closing Bell Overtime on June 4 indicates that more than 87,000 layoffs this year have been tied to AI, already eclipsing all of 2025’s full-year total just five months in. Chip leader NVIDIA (NASDAQ:NVDA) ... AI Layoffs Already Have Surpassed Last Year’s Total. Tech Workers Are Being Cut First.

Starbucks Corporation (NASDAQ:SBUX) is included among the 10 Best Dividend-Paying Beverage Stocks to Buy Now. Starbucks Corporation (NASDAQ:SBUX) is a roaster, marketer, and retailer of specialty coffee globally. The company has more than 29,000 retail stores in 78 markets worldwide. Starbucks Corporation (NASDAQ:SBUX) is facing an intense backlash in South Korea after the company launched […]

Starbucks shares fell 2% Tuesday after a promotion misfire and threatened boycotts in South Korea, one of the chain’s biggest markets. The company’s South Korean licensee recently ran a “Tank Day” marketing campaign, offering discounts on the company’s “Tank” tumbler series. The promotion’s last week coincided with the anniversary of a 1980 massacre in South Korea, when the country’s military deployed soldiers in tanks to crush a demonstration, killing protesters.

<body><p>STORY: Starbucks faces a "very significant" drop in sales in South Korea after a public outcry over its 'Tank Day' tumbler marketing campaign.</p><p>That's according to an official from operator Shinsegae Group.</p><p>The retailer, whose subsidiary E-Mart owns the coffee chain in South Korea, has faced mounting criticism after the promotional campaign was launched on the anniversary of 1980's May 18 Gwangju Uprising.</p><p>:: Archive</p><p>That event saw the country's then military government deploy&nbsp;troops and tanks to suppress pro-democracy demonstrations, leaving hundreds dead or missing.</p><p>According to the official,&nbsp;Starbucks Korea's e-commerce team organized the campaign and received final approval from team leaders and executives.</p><p>On Tuesday, Shinsegae Group chairman Chung Yong-jin made a public apology.</p><p>&nbsp;"I take it very seriously that Starbucks Korea's inappropriate marketing hurt and angered many people. I won’t make any excuse. I will take all responsibility for the incident. It is my fault. All members of Shinsegae Group, including myself, will remember our society's history and sacrifices, and always deeply understand and respect the hearts of the people.”</p><p>Shares in Shinsegae were down over 2% by midafternoon in Seoul, though E-Mart saw gains.&nbsp;</p><p>The parent company fired the head of Starbucks Korea last week after apologizing over the campaign.</p><p>Starbucks Global also apologized and said an investigation had begun.</p></body>

The coffee chain is closing regional offices and recording $400 million in restructuring charges as Brian Niccol advances turnaround plans.

Earlier this month, Starbucks unveiled its 2026 summer menu, featuring returning fan-favorites, new beverage innovations, expanded customization options, and a limited-time merchandise collection to drive seasonal demand. Although summer officially begins on June 21 this year, Starbucks has ...

Vail Resorts operates 37 mountain destinations and luxury properties, generating revenue from lift tickets, lodging, and real estate.

Starbucks announced a major corporate restructuring under its "Back to Starbucks" turnaround program. The plan includes closing multiple US regional support offices and cutting about 300 corporate roles. The company expects a $400 million charge tied to the restructuring and a broader $2 billion cost-saving effort. Starbucks will consolidate US and international support functions and open a new corporate office in Nashville. For investors watching NasdaqGS:SBUX, this move comes with the...

Starbucks is trying to bring customers back to its coffeehouses, but the company’s turnaround is coming at the cost of yet another painful message for its workers. Away from the coffee houses, this time the Seattle-based coffee giant is going for corporate jobs and closing several regional support ...

Starbucks stock inched higher on Friday as management announced layoffs and the closure of regional offices. TD Cowen recommends buying SBUX shares at current levels.

We recently published Jim Cramer’s Latest Thoughts On Cisco, NVIDIA & Other AI Stocks. Starbucks Corporation (NASDAQ:SBUX) is one the stocks discussed by Jim Cramer. Coffee retailer Starbucks Corporation (NASDAQ:SBUX)’s shares are up by 22% over the past year and by 27% year-to-date. Cramer has frequently discussed the firm over the past several months and […]

Starbucks compounded 40,000% since its 1992 IPO. Wall Street cheered as CEO Brian Niccol announced 300 more layoffs.

Office closures in Atlanta, Burbank, Chicago and Dallas drive $280 million of the charge

<body><p>STORY: Starbucks on Friday said it is cutting 300 U.S. corporate jobs as it seeks to return to what it called, "durable, profitable growth."&nbsp;</p><p>:: Archive</p><p>The coffee chain will close several regional offices, including locations in Atlanta, Burbank, Chicago and Dallas.</p><p>:: Starbucks Handout</p><p>It's also reviewing its international support teams, and expects more job cuts outside the U.S.</p><p>The latest round of job cuts at Starbucks - which included last year's elimination of 1,100 corporate roles - comes amid CEO Brian Niccol's turnaround strategy focused on improving customers' in-store experiences.</p><p>:: Starbucks Handout</p><p>The layoffs therefore do not affect Starbucks&nbsp;coffeehouses, where the company is actually investing heavily in more barista staffing.</p><p>Starbucks last month posted its strongest quarterly sales growth in more than two years, but margins have dropped sharply since late 2024.</p><p>Under an incentives plan approved last summer, top Starbucks executives could receive up to 6 million dollars each if cost-cutting targets are met by 2027.&nbsp;</p><p>Even as it cuts costs, Starbucks is investing 100 million dollars to expand in the Southeast, including a new support hub in Nashville that could employ up to 2,000 people over the next five years.</p></body>

Investing.com -- Starbucks is laying off around 300 U.S. support roles and is reviewing its international support organization as it expects to cut more jobs outside of the country.

(Updates with response from a Starbucks spokesperson in the fifth and sixth paragraphs.) Starbuck

The change in staff is about 3% of its US corporate workforce.

The coffee chain expects $400 million in restructuring charges as it closes offices in Atlanta, Burbank, Chicago, and Dallas