Starbucks

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We programmed an AI to read Internet. This is what it found out about Starbucks Stock.

How much time have you spent trying to decide whether investing in Starbucks? Many investors start with the dream of being free. They expect to find on the stock market an option to have time to develop their own interests and hobbies. That is, a way to escape a 9 to 5 job. However, investment is complex and investors end up spending whole days (and nights) trying to figure out which the right stock to invest is. The dream of stock investing becomes the nightmare of facing infinity amounts of information. As a solution, we programmed an artificial intelligence that reads the whole internet and the uses natural language processing and vectorizers to summarize the information. Usually, the AI reads several hundred pages and summarize it to a short document. This document presents our results. We found that the most common words in the internet about Starbucks are: Starbucks, worker, …

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Stock Summary

Starbucks Corporation operates as a roaster, marketer, and retailer of specialty coffee worldwide. The company operates through three segments: North America, International, and Channel Development. Its stores offer coffee and tea beverages, roasted whole beans and ground.

Today's Summary

Thousands of Starbucks workers nationwide went on strike Thursday on Red Cup Day — one of the coffee chains busiest days of the year. Starbucks announced an increase in hourly wage and benefits for most of its U.S. workers last week. Last year, workers at more than 100 Starbucks locations had held a one-day strike. Thousands of Starbucks employees are walking off the job on Thursday in the largest work stoppage in the five-decade history of the company. Workers United chose Starbucks annual Red Cup Day to stage the walkout.

Today's News

Workers United union chose Starbucks annual Red Cup Day to stage the walkout. Starbucks said Thursday its stores in the United States were “open,” adding that “a few dozen stores with some partners (were) on strike. Last year, workers at more than 100 Starbucks locations had held a one-day strike. The walkout is planned for the companys annual Red Cup Day, a day in which the company hands out thousands of free reusable cups and also one of the busiest days of the year at Starbucks. Starbucks announced an increase in hourly wage and benefits for most of its U.S. workers. National Labor Relations Board has been inundated with hundreds of unfair labor practice charges filed on behalf of Starbucks workers. Starbucks Workers United has characterized Starbucks as “the worst offender of federal labor law in modern US history” Starbucks has not agreed to meet for bargaining in more than four months. Thousands of unionized Starbucks workers went on strike Thursday on a busy sales day for the coffee chain in a bid to bring the company back to the negotiating table. Starbucks said over 10K stores are operational during the so-called Red Cup Rebellion. Red Cup Day is an annual event in which participating U.S. Starbucks stores gift reusable red holiday cups to customers who order a handcrafted holiday beverage. Free cups were available for walk-up orders and orders through the Starbucks app or Uber Eats. Workers United chose Starbucks annual Red Cup Day to stage the walkout since its usually one of the busiest days of the year. Starbucks last month criticised its union for posting “Solidarity with Palestine” on social media above an image of a Hamas bulldozer knocking down a fence during the groups October 7 attacks on Israel. Starbucks says Workers United is refusing to schedule bargaining sessions. Starbucks issued the following statement to FOX 8 News: We are aware that Workers United has publicized a day of action at a small subset of our U.S. stores. Seven Starbucks stores in central San Francisco are slated to close, reducing the coffee chains heavy presence in the California city. Starbucks CEO moonlighted as a barista. Thousands of Starbucks workers nationwide went on strike Thursday on Red Cup Day — one of the coffee chains busiest days of the year. The action is a bid to pressure the company back into negotiations over what the union has dubbed a “fair first contract,” aimed at addressing staff shortages, pay and work conditions. Starbucks workers union calls for walkouts at hundreds of stores ahead of holiday season. The walkouts come just a week after Starbucks announced increased pay and benefits for non-union workers. Starbucks workers in Colorado join a nationwide strike Thursday to demand the coffee giant improve conditions for its employees. The strike centers around the companys alleged refusal to bargain with baristas over staffing, scheduling and other issues, in particular, around promotional days. Starbucks said in a statement that it was aware of the walkout. Workers United union chose Starbucks annual Red Cup Day to stage the walkout. Starbucks expected to give away thousands of reusable cups Thursday to customers who order holiday drinks. Starbucks downplayed any potential impact of the strike Wednesday. Starbucks workers in New York City have filed 32 more complaints alleging that the coffee giant violated the citys labor laws. The allegations come as Starbucks baristas at more than 200 locations nationwide strike during the companys busy Red Cup promotion day. Starbucks has said its working to improve workers jobs. The strike was the fifth major labor action by Starbucks workers since a store in Buffalo, New York, became the first to unionize in late 2021. Starbucks downplayed any potential impact of the strike Wednesday, saying it would occur at a small subset of the company-owned U.S. stores.

Stock Profile

"Starbucks Corporation, together with its subsidiaries, operates as a roaster, marketer, and retailer of specialty coffee worldwide. The company operates through three segments: North America, International, and Channel Development. Its stores offer coffee and tea beverages, roasted whole beans and ground coffees, single serve products, and ready-to-drink beverages; and various food products, such as pastries, breakfast sandwiches, and lunch items. The company also licenses its trademarks through licensed stores, and grocery and foodservice accounts. The company offers its products under the Starbucks, Teavana, Seattle's Best Coffee, Evolution Fresh, Ethos, Starbucks Reserve, and Princi brands. Starbucks Corporation has company-operated and licensed stores in North America and internationally. The company was founded in 1971 and is based in Seattle, Washington."

Keywords

This document will help you to evaluate Starbucks without reading an infinite amount of sources. Relying only on stock quotes or prices to make investment decisions is a mistake. Analyzing and observing stock charts, highs and lows and other numerical data does not allow to evaluate the real value of a company. Stock quotes and prices are the result of underlying characteristics of a company and of events and news happening around them. For this reason, investing must be based on information, not numbers. As a solution, we programmed an artificial intelligence that reads the whole internet and the uses natural language processing and vectorizers to summarize the information. Usually, the AI reads several hundred pages and summarize it to a short document. This document presents our results. We found that the most common words in the internet about Starbucks are: Starbucks, worker, strike, store, Red, Cup, day, and the most common words in the summary are: starbucks, worker, day, cup, store, news, red, . One of the sentences in the summary was: Thousands of Starbucks employees are walking off the job on Thursday in the largest work stoppage in the five-decade history of the company. Other searches related to this term that the AI found were: stockmarketlive, livestock, stockmarketforbeginners, thestockmarket, stockmarkettoday, stockmarkettrading, stockmarketstocks, todaystockmarket, thestockmarket, marketnews, stockmarketnews, whatisstockmarket, usstockmarket, stockmarketopen. #starbucks #worker #day #cup #store #news #red.