Starbucks (SBUX) Q1 2025 earnings

Starbucks (SBUX) Q1 2025 earnings

Starbucks on Tuesday reported that its same-store sales slid for the fourth consecutive quarter, but the company’s quarterly earnings and revenue beat Wall Street’s expectations. The coffee giant kicked off a turnaround plan last quarter in the hopes of reviving its U.S. business, which has slumped over the past year. “While we have room for improvement, we’re…

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Boeing (BA) 4Q 2024 earnings

Boeing (BA) 4Q 2024 earnings

Kelly Ortberg speaks at the 14th annual U.S. Chamber Of Commerce Foundation Aviation Summit in downtown Washington, D.C. Kris Tripplaar | SIPPL Sipa USA | AP Boeing reported fourth-quarter results before the market opening on Tuesday. Here’s what the company reported compared with what Wall Street analysts surveyed by LSEG were expecting: Loss per share:…

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Nvidia calls China’s DeepSeek R1 model ‘an excellent AI advancement’

Nvidia calls China’s DeepSeek R1 model ‘an excellent AI advancement’

Jensen Huang, co-founder and chief executive officer of Nvidia Corp., during a news conference in Taipei, Taiwan, on Tuesday, June 4, 2024. Nvidia is still working on the certification process for Samsung Electronics Co.’s high-bandwidth memory chips, a final required step before the Korean company can begin supplying a component essential to training AI platforms.  Annabelle…

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Amazon, Broadcom are buys on DeepSeek sell-off, Hightower’s Stephanie Link says

Amazon, Broadcom are buys on DeepSeek sell-off, Hightower’s Stephanie Link says

The DeepSeek sell-off could soon mean a buying opportunity in Amazon and Broadcom , according to Hightower’s Stephanie Link. Stock futures are tumbling Monday after Chinese startup DeepSeek debuted a potentially competitive artificial intelligence model at a lower cost than OpenAI, spurring investor fears of an impending burst in the AI bubble. The S &…

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