{"id":3213,"date":"2026-07-10T12:26:38","date_gmt":"2026-07-10T10:26:38","guid":{"rendered":"https:\/\/marketcapof.com\/blog\/?p=3213"},"modified":"2026-07-10T12:26:40","modified_gmt":"2026-07-10T10:26:40","slug":"starbucks-stock-ai-software","status":"publish","type":"post","link":"https:\/\/marketcapof.com\/blog\/starbucks-stock-ai-software\/","title":{"rendered":"Starbucks Stock Goes &#8216;Nuts&#8217; as AI Push Targets Microsoft, IBM and Oracle"},"content":{"rendered":"\n<ul class=\"wp-block-list\">\n<li class=\"has-vivid-cyan-blue-color has-text-color has-link-color wp-elements-f3799be938b39ee0192e2be21ade8439\"><strong>Starbucks stock gained after reports that the company is building AI-powered software to replace tools from Microsoft, IBM, and Oracle<\/strong><\/li>\n\n\n\n<li class=\"has-vivid-cyan-blue-color has-text-color has-link-color wp-elements-13169e1e370fd0bf6955d10f81d4c100\"><strong>IBM, Salesforce, and ServiceNow shares slipped as investors weighed the long-term impact of companies developing software in-house<\/strong><\/li>\n\n\n\n<li class=\"has-vivid-cyan-blue-color has-text-color has-link-color wp-elements-7838d018719208f7822059dfdff504a4\"><strong>The move caused a major debate over whether generative AI could reshape the enterprise software industry and reduce reliance on traditional vendors<\/strong><\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Starbucks stock <a href=\"https:\/\/www.google.com\/finance\/beta\/quote\/SBUX:NASDAQ?sa=X&amp;ved=2ahUKEwizpviJ6seVAxVTUGcHHdAVKGgQ3ecFKAV6BAgXEAY&amp;window=5D\" rel=\"nofollow\">registered<\/a> dainty gains after reports that the coffee giant is developing its own AI-powered software to replace some of the technology it currently buys from outside vendors. Investors welcomed the potential cost savings, but the market&#8217;s reaction stretched far beyond Starbucks. Shares of IBM, Salesforce, and ServiceNow moved lower as traders began asking if AI will eventually reduce enterprise software spending across corporate America.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Also Read: <a href=\"https:\/\/marketcapof.com\/blog\/ttd-stock-cheap-after-three-year-decline\/\" target=\"_blank\" rel=\"noreferrer noopener\">TTD Stock Is Down 77% in Three Years as Wall Street Debates Whether It\u2019s Finally Cheap<\/a><\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Starbucks Stock Rises as AI Cost-Cutting Plans Take Shape<\/h2>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"336\" src=\"https:\/\/marketcapof.com\/blog\/wp-content\/uploads\/2026\/07\/Screenshot-2026-07-10-at-3.42.26-PM-1024x336.png\" alt=\"\" class=\"wp-image-3214\" srcset=\"https:\/\/marketcapof.com\/blog\/wp-content\/uploads\/2026\/07\/Screenshot-2026-07-10-at-3.42.26-PM-1024x336.png 1024w, https:\/\/marketcapof.com\/blog\/wp-content\/uploads\/2026\/07\/Screenshot-2026-07-10-at-3.42.26-PM-300x98.png 300w, https:\/\/marketcapof.com\/blog\/wp-content\/uploads\/2026\/07\/Screenshot-2026-07-10-at-3.42.26-PM-768x252.png 768w, https:\/\/marketcapof.com\/blog\/wp-content\/uploads\/2026\/07\/Screenshot-2026-07-10-at-3.42.26-PM.png 1312w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Source: <a href=\"https:\/\/www.google.com\/finance\/beta\/quote\/SBUX:NASDAQ?sa=X&amp;ved=2ahUKEwizpviJ6seVAxVTUGcHHdAVKGgQ3ecFKAV6BAgXEAY&amp;window=5D\" rel=\"nofollow\">Google Finance<\/a><\/figcaption><\/figure>\n<\/div>\n\n\n<p class=\"wp-block-paragraph\">Starbucks stock surged by about 2.5%, closing at $106.41. This rise came after <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-07-09\/starbucks-taps-ai-to-reduce-reliance-on-microsoft-ibm-software\" rel=\"nofollow\">news<\/a> about the company building internal AI tools that could replace parts of Microsoft&#8217;s inventory management software and IBM&#8217;s maintenance platform surfaced.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">According to the report, Starbucks also plans to replace Oracle&#8217;s Simphony point-of-sale system over time. The initiative is part of a broader effort to trim $2 billion in costs. Chief Technology Officer Anand Varadarajan previously told employees the company spends roughly $400 million a year on software and sees &#8220;clear opportunities&#8221; to bring that figure down.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Reports also revealed that Starbucks&#8217; enterprise technology team expects to cut around $30 million from its budget this fiscal year. This includes roughly $10 million in software expenses.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Also Read: <a href=\"https:\/\/marketcapof.com\/blog\/crdo-stock-bofa-ai-forecast\/\" target=\"_blank\" rel=\"noreferrer noopener\">Why CRDO Stock Is Back in Focus After BofA\u2019s AI Forecast<\/a><\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">While Starbucks stock gained, enterprise software names headed in the opposite direction. Before the opening bell, IBM fell over 2%, and Salesforce dropped nearly 3%. ServiceNow just started recovery.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The move suggested investors weren&#8217;t reacting only to Starbucks. Instead, they were considering what would happen if more large companies used generative AI to build internal software instead of paying for third-party applications. This idea also caught the attention of CNBC&#8217;s Jim Cramer, who said the development was &#8220;brutal&#8221; for software providers. He argued that once companies realize their own AI tools can replace expensive enterprise programs, others may follow the same path.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-x wp-block-embed-x\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">Starbucks&#39; stock going nuts because it might cut out Microsoft and IBM&#8230; Brutal to think about how many companies might switch from current programs to ai&#8211;especially after companies see how much a stock climbs if a company can figure out how not to rely on expensive programs.<\/p>&mdash; Jim Cramer (@jimcramer) <a href=\"https:\/\/x.com\/jimcramer\/status\/2075258206712951056?ref_src=twsrc%5Etfw\">July 9, 2026<\/a><\/blockquote><script async src=\"https:\/\/platform.x.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\">AI Could Reshape Enterprise Software Spending<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">At present, Starbucks is only one example, and replacing business-critical software could take years, not months. Still, the announcement shows how generative AI is moving beyond chatbots into core business operations.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The global AI market is expected to exceed $800 billion by 2030, according to Grand View Research, as companies have been investing in automation and productivity tools. As more businesses evaluate where AI can replace existing software, investors may begin looking beyond quarterly earnings and toward which companies benefit and which ones risk losing customers.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Also Read: <a href=\"https:\/\/marketcapof.com\/blog\/crcl-stock-200-price-target\/\" target=\"_blank\" rel=\"noreferrer noopener\">Top 5 Reasons Why CRCL Could Hit $200 by Year-End<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Starbucks stock registered dainty gains after reports that the coffee giant is developing its own AI-powered software to replace some of the technology it currently buys from outside vendors. Investors welcomed the potential cost savings, but the market&#8217;s reaction stretched far beyond Starbucks. Shares of IBM, Salesforce, and ServiceNow moved lower as traders began asking [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":3215,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-3213","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Starbucks Stock Climbs on AI Software Cost-Cutting Plans<\/title>\n<meta name=\"description\" content=\"Starbucks stock gained after reports the company is building AI-powered software to replace some Microsoft, IBM, and Oracle applications.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/marketcapof.com\/blog\/starbucks-stock-ai-software\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Starbucks Stock Climbs on AI Software Cost-Cutting Plans\" \/>\n<meta property=\"og:description\" content=\"Starbucks stock gained after reports the company is building AI-powered software to replace some Microsoft, IBM, and Oracle applications.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/marketcapof.com\/blog\/starbucks-stock-ai-software\/\" \/>\n<meta property=\"og:site_name\" content=\"Marketcapof Blog\" \/>\n<meta property=\"article:published_time\" content=\"2026-07-10T10:26:38+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-07-10T10:26:40+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/marketcapof.com\/blog\/wp-content\/uploads\/2026\/07\/starrr.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"547\" \/>\n\t<meta property=\"og:image:height\" content=\"365\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Vladimir\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Vladimir\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/marketcapof.com\/blog\/starbucks-stock-ai-software\/\",\"url\":\"https:\/\/marketcapof.com\/blog\/starbucks-stock-ai-software\/\",\"name\":\"Starbucks Stock Climbs on AI Software Cost-Cutting Plans\",\"isPartOf\":{\"@id\":\"https:\/\/marketcapof.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/marketcapof.com\/blog\/starbucks-stock-ai-software\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/marketcapof.com\/blog\/starbucks-stock-ai-software\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/marketcapof.com\/blog\/wp-content\/uploads\/2026\/07\/starrr.jpeg\",\"datePublished\":\"2026-07-10T10:26:38+00:00\",\"dateModified\":\"2026-07-10T10:26:40+00:00\",\"author\":{\"@id\":\"https:\/\/marketcapof.com\/blog\/#\/schema\/person\/45463d0f77f4f8a117707827c8fad677\"},\"description\":\"Starbucks stock gained after reports the company is building AI-powered software to replace some Microsoft, IBM, and Oracle applications.\",\"breadcrumb\":{\"@id\":\"https:\/\/marketcapof.com\/blog\/starbucks-stock-ai-software\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/marketcapof.com\/blog\/starbucks-stock-ai-software\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/marketcapof.com\/blog\/starbucks-stock-ai-software\/#primaryimage\",\"url\":\"https:\/\/marketcapof.com\/blog\/wp-content\/uploads\/2026\/07\/starrr.jpeg\",\"contentUrl\":\"https:\/\/marketcapof.com\/blog\/wp-content\/uploads\/2026\/07\/starrr.jpeg\",\"width\":547,\"height\":365,\"caption\":\"Source: Bloomberg\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/marketcapof.com\/blog\/starbucks-stock-ai-software\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/marketcapof.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Starbucks Stock Goes &#8216;Nuts&#8217; as AI Push Targets Microsoft, IBM and Oracle\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/marketcapof.com\/blog\/#website\",\"url\":\"https:\/\/marketcapof.com\/blog\/\",\"name\":\"Marketcapof Blog\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/marketcapof.com\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/marketcapof.com\/blog\/#\/schema\/person\/45463d0f77f4f8a117707827c8fad677\",\"name\":\"Vladimir\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/marketcapof.com\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/434a8c3d11d948e5fe81baca7414b8d8081db9ab4debba9488a18af3af801671?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/434a8c3d11d948e5fe81baca7414b8d8081db9ab4debba9488a18af3af801671?s=96&d=mm&r=g\",\"caption\":\"Vladimir\"},\"url\":\"https:\/\/marketcapof.com\/blog\/author\/vladimir\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Starbucks Stock Climbs on AI Software Cost-Cutting Plans","description":"Starbucks stock gained after reports the company is building AI-powered software to replace some Microsoft, IBM, and Oracle applications.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/marketcapof.com\/blog\/starbucks-stock-ai-software\/","og_locale":"en_US","og_type":"article","og_title":"Starbucks Stock Climbs on AI Software Cost-Cutting Plans","og_description":"Starbucks stock gained after reports the company is building AI-powered software to replace some Microsoft, IBM, and Oracle applications.","og_url":"https:\/\/marketcapof.com\/blog\/starbucks-stock-ai-software\/","og_site_name":"Marketcapof Blog","article_published_time":"2026-07-10T10:26:38+00:00","article_modified_time":"2026-07-10T10:26:40+00:00","og_image":[{"width":547,"height":365,"url":"https:\/\/marketcapof.com\/blog\/wp-content\/uploads\/2026\/07\/starrr.jpeg","type":"image\/jpeg"}],"author":"Vladimir","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Vladimir","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/marketcapof.com\/blog\/starbucks-stock-ai-software\/","url":"https:\/\/marketcapof.com\/blog\/starbucks-stock-ai-software\/","name":"Starbucks Stock Climbs on AI Software Cost-Cutting Plans","isPartOf":{"@id":"https:\/\/marketcapof.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/marketcapof.com\/blog\/starbucks-stock-ai-software\/#primaryimage"},"image":{"@id":"https:\/\/marketcapof.com\/blog\/starbucks-stock-ai-software\/#primaryimage"},"thumbnailUrl":"https:\/\/marketcapof.com\/blog\/wp-content\/uploads\/2026\/07\/starrr.jpeg","datePublished":"2026-07-10T10:26:38+00:00","dateModified":"2026-07-10T10:26:40+00:00","author":{"@id":"https:\/\/marketcapof.com\/blog\/#\/schema\/person\/45463d0f77f4f8a117707827c8fad677"},"description":"Starbucks stock gained after reports the company is building AI-powered software to replace some Microsoft, IBM, and Oracle applications.","breadcrumb":{"@id":"https:\/\/marketcapof.com\/blog\/starbucks-stock-ai-software\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/marketcapof.com\/blog\/starbucks-stock-ai-software\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/marketcapof.com\/blog\/starbucks-stock-ai-software\/#primaryimage","url":"https:\/\/marketcapof.com\/blog\/wp-content\/uploads\/2026\/07\/starrr.jpeg","contentUrl":"https:\/\/marketcapof.com\/blog\/wp-content\/uploads\/2026\/07\/starrr.jpeg","width":547,"height":365,"caption":"Source: Bloomberg"},{"@type":"BreadcrumbList","@id":"https:\/\/marketcapof.com\/blog\/starbucks-stock-ai-software\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/marketcapof.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Starbucks Stock Goes &#8216;Nuts&#8217; as AI Push Targets Microsoft, IBM and Oracle"}]},{"@type":"WebSite","@id":"https:\/\/marketcapof.com\/blog\/#website","url":"https:\/\/marketcapof.com\/blog\/","name":"Marketcapof Blog","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/marketcapof.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/marketcapof.com\/blog\/#\/schema\/person\/45463d0f77f4f8a117707827c8fad677","name":"Vladimir","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/marketcapof.com\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/434a8c3d11d948e5fe81baca7414b8d8081db9ab4debba9488a18af3af801671?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/434a8c3d11d948e5fe81baca7414b8d8081db9ab4debba9488a18af3af801671?s=96&d=mm&r=g","caption":"Vladimir"},"url":"https:\/\/marketcapof.com\/blog\/author\/vladimir\/"}]}},"_links":{"self":[{"href":"https:\/\/marketcapof.com\/blog\/wp-json\/wp\/v2\/posts\/3213","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/marketcapof.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/marketcapof.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/marketcapof.com\/blog\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/marketcapof.com\/blog\/wp-json\/wp\/v2\/comments?post=3213"}],"version-history":[{"count":2,"href":"https:\/\/marketcapof.com\/blog\/wp-json\/wp\/v2\/posts\/3213\/revisions"}],"predecessor-version":[{"id":3217,"href":"https:\/\/marketcapof.com\/blog\/wp-json\/wp\/v2\/posts\/3213\/revisions\/3217"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/marketcapof.com\/blog\/wp-json\/wp\/v2\/media\/3215"}],"wp:attachment":[{"href":"https:\/\/marketcapof.com\/blog\/wp-json\/wp\/v2\/media?parent=3213"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/marketcapof.com\/blog\/wp-json\/wp\/v2\/categories?post=3213"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/marketcapof.com\/blog\/wp-json\/wp\/v2\/tags?post=3213"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}