$SBUX 0.18 Weak

Notable posts

• @wallstengine neutral 828 eng

  Starbucks is reportedly using AI to build in-house software that could replace some Microsoft inventory and IBM maintenance tools. Some rollout could happen by end-2027 if testing works. $SBUX spends about $400M/year on software and is targeting $2B in cost cuts. Starbucks has also been working on a POS system that would replace Oracle Simphony. CTO Anand Varadarajan told employees: “There’s clear opportunities to reduce the spend in software.”

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• @StockSavvyShay neutral 521 eng

  $SBUX is reportedly using AI to build in-house software that could replace parts of its $MSFT inventory and $ORCL POS stack. CTO Anand Varadarajan told employees “There’s clear opportunities to reduce the spend in software” as Starbucks targets $2B in cost cuts. https://t.co/FdCNuYEQJU

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• @stocktalkweekly neutral 387 eng

  *STARBUCKS USING AI TO CREATE INTERNAL SOFTWARE TOOLS TO REPLACE MICROSOFT, IBM, AND ORACLE APPLICATIONS - BLOOMBERG $SBUX $MSFT $IBM $ORCL $IGV Starbucks is reportedly creating its own software tools using artificial intelligence that could replace applications it currently purchases from Microsoft and International Business Machines. The coffee chain is said to be building alternatives to a Microsoft system for inventory tracking and an IBM tool for maintenance management. Some of the internally developed software could launch by the end of next year, subject to testing results. Starbucks spends approximately $400 million annually on software, Chief Technology Officer Anand Varadarajan told workers in an internal forum earlier this year. "There's clear opportunities to reduce the spend in software," Varadarajan said. The move is part of a broader turnaround effort to cut $2 billion in costs. The company is reviewing "every contract and service" related to technology, the presentation showed. AI-assisted coding played a central role in developing the platform that could replace the IBM tool. Starbucks has been encouraging tech workers to use artificial intelligence, including factoring usage into their bonuses. The company has also been working for several years on building a point-of-sale system to replace Oracle Simphony, according to the report. The Starbucks enterprise technology team is on track to reduce its budget by about $30 million in the fiscal year ending in late September. This includes cutting approximately $10 million in software spending and saving another $13 million mostly by reducing contractors from professional services firms.

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• @antibearthesis bullish 112 eng

  $SBUX is up 3.4% after pivoting to AI coffee You genuinely can’t make this up 💀 https://t.co/8AGjnirSkd

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• @ripster47 neutral 56 eng

  🚨 Free Thursday Gameplan Courtsey @TENETTRADEGROUP $META $MSFT $SOXL $HOOD $CMG $ARM $QCOM $SBUX $TSLA $MU $SNDK $AAOI $NBIS $CBRS https://t.co/0OVZQookcw

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• @faststocknewss neutral 8 eng

  STARBUCKS $SBUX CUTS LONDON, HONG KONG OFFICE JOBS The coffee chain laid off corporate staff at the hubs overseeing parts of its international business, per Bloomberg: - London: ~120 positions, the EMEA headquarters - Hong Kong: ~60 positions, about 20% of the office covering Asia-Pacific excluding China and Japan Starbucks is giving third-party licensees more control over stores outside North America, freeing up money for its company-owned locations that are heavily concentrated in the US. It wants to double its international store count to about 40,000, mostly through partners. The cuts are part of the global restructuring announced in May. International comparable sales grew about 3% in the quarter through March 29, a third straight quarter of growth.

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• @TENETTRADEGROUP neutral 20 eng

  Tenet Market Wake-Up Summary 📷📷 June.10.26 $SPX $TSLA $META $OUST $SMCI $APLD $BA $SBUX $GTLB $HUT $IONQ $CBRL $CASY $CHWY $CNM $WES $STM $ILMN $HON $HESM $TRP $NKE $YB $LAKE $JILL $WOLF @ripster47 | @tenet_research | @TenetCharts https://t.co/IeMroeoLtX

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• @LeifInvests neutral 1 eng

  @antibearthesis You hear that $SBUX is cutting software costs from $MSFT and $IBM by vibecoding it themselves. Interesting. 🤔

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