SBUX

Report says Starbucks is developing more in-house AI tools to replace software it currently buys from large enterprise vendors (mentioned: Microsoft, IBM; also Salesforce referenced by market move). The headline implies potential vendor spend displacement; the body notes IBM and Salesforce were down ~2% on the news, Microsoft marginally lower.

Bloomberg interview show covers: an interim US-Iran deal entering a fragile 60-day test with attention on Strait of Hormuz; commentary that it resembles the Obama-era JCPOA; Trump says a US‑India trade deal is “very close”; Tata Starbucks CEO outlines rapid India store expansion; and discussion that “Warsh” (policy/Fed tone) moved bonds, increasing hike bets, while cooling oil could ease inflation and US inflation may peak in coming months.

Starbucks CEO Brian Niccol states Starbucks is now “all-in on AI,” indicating an increased strategic emphasis and likely incremental investment in AI across operations, personalization, and efficiency initiatives.

Steve Eisman's Weekly Wrap argues that strong corporate earnings are keeping the equity market resilient even as parts of the consumer economy show weakness. The episode frames AI-driven capital spending by mega-cap tech as a major market-leadership and broader-economy force, while also flagging macro risks from rising oil prices, the UAE/OPEC situation, and uncertainty around the Iran conflict. Mentioned companies/sectors include Charter, private credit/Blue Owl, Domino's, GM, Starbucks, Visa,