Starbucks Stock News

Despite the market rally, Pepsi, Coca-Cola, and Nike present potential buying opportunities due to recent share price pullbacks amid economic headwinds. Interest rate uncertainties impact consumer spending on non-essential items, affecting companies like KO, NKE, and Starbucks. Nike's stock is oversold, but management's confidence and a recent dividend raise indicate potential long-term upside.

Starbucks' payment and scheduling system has been hit with a ransomware attack. The coffee company issued guidance for workers about how to handle pay disruptions caused by the outage.

Starbucks baristas aren't able to view and manage their schedules because of a ransomware attack on one of the company's vendors. The coffee company said its store leaders and baristas are working around the outage manually until it's resolved, and trying to ensure employees get paid.

Starbucks said the aftermath of a ransomware attack on a software supplier has been affecting its ability to pay baristas and manage their schedules, the company's spokesperson said on Monday.

Billionaire investors are scooping up mega-cap tech stocks amid the sector's red-hot rally.

Although Starbucks (SBUX 2.44%) has been a fantastic investment throughout its history as a public company, it hasn't worked out as well for shareholders recently.

New Starbucks CEO Brian Niccol is tasked with reversing the coffee giant's sales slump. He said airports, where consumers often face long lines, are one area in particular that could be improved.

Starbucks' (SBUX) stock rose by 1.8% on Thursday, following reports that the coffee giant is exploring the sale of a stake in its Chinese operations. This potential move, aimed at fostering growth in the world's largest coffee market outside the US, comes as Starbucks grapples with declining sales and fierce competition from local rivals.