Stock Movers Starbucks Rises, AT&T Gains, Textron Falls on Disappointing Profit Forecast
Jan 28, 2026
A deep dive into corporate moves that shook the markets. Coverage of Starbucks’ surprising sales uptick and signs of a turnaround. A look at AT&T’s stronger-than-expected results fueled by multi-service subscribers. Examination of Textron’s profit warning and ramped-up capital spending that sent shares lower.
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Starbucks Turnaround Showing Early Signs
- Starbucks' turnaround appears to be working as global comparable-store sales rose 4% in the quarter.
- Norma Linda notes the stock has risen ~17% year-to-date, reversing multi-year declines.
Cost Cuts Are Part Of The Strategy
- Starbucks identified roughly $2 billion in cost reductions over the next couple of years as part of its strategy.
- Norma Linda highlights operational changes alongside menu and product efforts supporting the turnaround.
AT&T Gains From Bundling And Fiber Adds
- AT&T beat fourth-quarter profit and revenue estimates driven by customers bundling multiple connectivity services.
- The company added over 500,000 fixed and mobile internet subscribers, including 283,000 fiber customers.