Starbucks sales woes, Texas Instruments earnings: Market Domination Overtime
It was another busy day on Wall Street. The major averages (^DJI,^GSPC, ^IXIC) closed flat on an active day of trading. One of the biggest movers after the market close was Starbucks (SBUX). The company released preliminary fourth quarter results that fell short of Wall Street expectations. The coffee giant also suspended its fiscal 2025 guidance. Another stock on the move was Texas Instruments (TXN), which posted a third quarter revenue beat, but its Q4 guidance fell short of estimates. McCormick (MKC) CEO Brendan Foley also joined the program to discuss the company's investor day and why customers are unwilling to sacrifice flavor for value. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here.
