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Starbucks lays out 2028 turnaround: Revenue growth, new stores and AI-powered customization
CNBC Television· 2026-01-29 17:45
executives really presenting Wall Street with their case that the turnaround is here. CEO Brian Nickel previewing financial targets, which is the moment that analysts have really been waiting for. So, in 2028, Starbucks now has plans for 2 to 3% revenue contribution from new stores, 2,000 more stores, including 400 here in the US.It also forecasts consolidated net revenues growing by 5% or more in fiscal year 28 and operational margins between 13.5% and 15% which means $3.35% to $4 a share by fiscal year 20 ...
AI euphoria isn’t over, Mag 7 earnings growth remains strong: Neuberger Berman’s Holly Newman Kroft
CNBC Television· 2026-01-29 17:37
Holly Newman Kroft, managing director at Neuberger Berman Private Wealth, joins 'Money Movers' to discuss big tech earnings, global market themes, and more. ...
Tesla bets big on robotics
CNBC Television· 2026-01-29 17:37
GOING TO BE DISCONTINUED, THAT HAVE BEEN BUILDING THE MODEL S AND THE X, THEY'RE GOING TO USE THOSE TO MANUFACTURE THEM. LET'S BRING IN STEVE WESLEY. HE'S THE FOUNDER OF WESLEY GROUP, FORMER TESLA BOARD MEMBER STEVE, ALWAYS GOOD TO HAVE YOU.JUST GIVE ME YOUR THOUGHTS ABOUT THE X AND THE S AND SAYING GOODBYE TO THEM AND THE RAMP UP IN, YOU KNOW, WHAT MUSK SAYS WILL BE AT SOME POINT A MILLION ROBOTS A YEAR COMING OFF THE THE THE LINES. >> LOOK, IT'S A TOUGH. >> QUARTER FOR TESLA.>> FIRST YEAR OF DECLINING REV ...
Squawk Pod: An “Armada” for Iran & Crypto’s Two Regulators - 01/29/26 | Audio Only
CNBC Television· 2026-01-29 17:33
Meta has reported strong quarterly results, highlighting AI-driven shifts to the company’s business. The SEC and CFTC are hosting a joint conference to underscore collaboration on crypto and the digital assets market structure bill. SEC Chair Paul Atkins and CFTC Chair Mike Selig discuss the dynamic between the crypto and finance industries and making America competitive for crypto business. President Trump has warned Iran that it should make a nuclear deal with the U.S., or face a large-scale American atta ...
Tech giants bet on OpenAI comeback
CNBC Television· 2026-01-29 17:19
Big tech seems to be deepening its bet on open AI as Nvidia, Microsoft, and Amazon may be in talks to invest in a new funding round for the company. Our dear DBosa has more in today's tech check. Morning D. >> Hey, good morning Carl.So, the money lining up behind OpenAI. It tells you something. Some of the biggest players in tech, they're betting that Open AAI can take back the narrative of the next model cycle.an OpenAI comeback after Code Red, months of sliding down the technical benchmarks, rising pressu ...
Southwest CEO on end of open-seating policy
CNBC Television· 2026-01-29 17:15
because this is a change to the business model. All of this works together. So, giving our customers choice, offering them extra leg room, seating, uh offering them different products, uh and they can buy up and obviously you can you can buy a seat location and and we have fairs that have bag fees and no bag fees. So, uh we're giving our customers choice.They're reacting. Uh uh we we see positive booking momentum. We're on track and we're set up really well for a strong 2026.Overnight you were in the operat ...
CEOs respond to ICE in Minneapolis: CNBC survey finds many say it's 'not relevant to their business'
CNBC Television· 2026-01-29 16:56
In a poll of seauite executives, we heard from 34 firms and one leader said their organization had spoken out publicly about the situation in Minneapolis. Here's how the other 33 leaders responded when asked why their organization has not publicly addressed the situation. 3% of the leaders are not opposed to ISIS conduct in Minnesota.9% are still contemplating. 18% are worried about backlash from the Trump administration. And one-third, 33% responded that it is not relevant to their business.As one executiv ...
Starbucks global brand chief on the future of ordering and rewards
CNBC Television· 2026-01-29 16:22
Starbucks showing a lot of momentum in its US business in the most recent quarter and the company hosting its investor day right here in New York City. Joining me now is Starbucks global chief brand officer Trese Lieberman. Trese, great to see you.Thanks for being here. >> Great to see you, Kate. >> Uh, so talk to me about taking over marketing at this iconic brand.When you stepped into your new role here, what needed to be changed and why. >> One of the first things that we did was put together marketing, ...
York Space Systems founder Dirk Wallinger on IPO day
CNBC Television· 2026-01-29 16:18
Joining me now from the floor of the New York Stock Exchange, Dirk Wallinger. He is the CEO and founder of York Space Systems on a day where the company is going public. And Dirk, it's great to have you on.Welcome. >> Thank you for having me. Really appreciate the opportunity.>> Okay, so you're poised for an IPO here today. Um, you're joining me from the stock exchange, overs subscribed, upsized offering, and pricing at the high end of the range. Why does going public now matter so much.Well, I mean, York i ...
Honeywell CEO Vimal Kapur on Q4 earnings
CNBC Television· 2026-01-29 15:49
talk about a big position for our CBC investing club and that is Honeywell. It poured a good quarter this morning. Uh spinning off its aerospace units sooner.I thought it might be as late as December. It looks like it's going to be just a well be let's put it this way early in the second half and that's why I'm so excited to see Vimma Kapoor here in in the flesh. Just wrapped up the quarter.Vimbo, congratulations. It looks like you're accelerating the aerospace spin-off and we're getting a lot of clarity ab ...