Starbucks' momentum is attributed to the new CEO, Brian Niccol, whose focus on efficiency and customer engagement is expected to elevate operations.
On today's Morning Brief, hosts Seana Smith and Brad Smith delve into market movements, trending stocks, and key economic data. Markets are buzzing following Micron Technology's (MU) strong fourth-quarter earnings report. The company's beat-and-raise performance has triggered a rally in global chip stocks. Morningstar Equity Analyst of Technology, William Kerwin, joins the show to offer his perspective on Micron's outlook in light of these results. Attention then turns to several trending tickers, including Meta (META), Southwest Airlines (LUV), Sonos (SONO), Starbucks (SBUX), and Accenture (ACN). Lastly, economic data is in focus with new GDP and jobless claims figures released. Yahoo Finance Markets Reporter Josh Schafer joins Morning Brief to break down these prints and what they reveal about the state of the US economy. This post was written by Angel Smith
With fall underway and the pumpkin spice latte back on the Starbucks (SBUX) menu, Yahoo Finance’s Senior Consumer Behavior Reporter Brooke DiPalma joins Brad Smith on Wealth! to take a look at Starbucks's seasonal sales and upcoming deals at retailers like Target (TGT), Amazon (AMZN), and Walmart (WMT). For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Naomi Buchanan.