Squawk on the Street Starbucks and T-Mobile CEOs, Chips Extend Rebound from Post-AI Sell-Off, Apple Downgraded Again 1/29/25
Jan 29, 2025
Brian Niccol, CEO of Starbucks, discusses the coffee chain’s Q4 results and an innovative turnaround plan focused on enhancing customer experience. Mike Sievert, CEO of T-Mobile US, shares insights on the company's impressive subscriber growth and strong quarterly performance, along with innovative partnerships like their collaboration with SpaceX. The conversation also delves into the chip market's recovery from recent declines and Apple's continued struggles, highlighting broader trends in tech and consumer preferences.
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Nvidia's Potential Liabilities
- Increased chip availability and usage in China could negatively impact Nvidia.
- This raises concerns about declining orders and power for Nvidia.
Starbucks Turnaround Plan
- Focus on supporting Starbucks partners and simplifying processes to improve the customer experience.
- Bring back the coffeehouse vibe and win the morning.
Speed and Personal Touch
- Starbucks aims to combine speed and the personal touch, prioritizing a four-minute service goal with barista interaction.
- This involves bringing back sharpies for name writing and encouraging greetings.