Shares in Halliburton (HAL) rallied after beating on revenue and earnings per share (EPS) for the third quarter, and announcing a deal for data center power infrastructure. Oilfield services giant Halliburton reported revenue of $5.6 billion in the third quarter, beating consensus estimates of $5.4 billion, and adjusted earnings per share of $0.58 per share,…
The U.S. stock market is holding near its record heights on Tuesday as the floodgates open for companies reporting how much profit they made during the summer. The S&P 500 was essentially unchanged in early trading and is sitting just 0.2% below its all-time high set earlier this month. The Dow Jones Industrial Average was…
By Aditya Kalra NEW DELHI (Reuters) -From McDonald’s and Coca-Cola to Amazon and Apple, U.S.-based multinationals are facing calls for a boycott in India as business executives and Prime Minister Narendra Modi’s supporters stoke anti-American sentiment to protest against U.S. tariffs. India, the world’s most populous nation, is a key market for American brands that…
Warren Buffett’s Berkshire Hathaway posted a 4% drop in operating earnings to $11.2 billion in its first quarterly earnings report since the legendary investor revealed he plans to step down as CEO. Berkshire also sold a net $3 billion of stocks last quarter, purchasing $3.9 billion of shares but selling $6.9 billion worth. The disposals…
Americans looking to replace an appliance, restock their pantry, or refresh their household cleaning products all seem to be angling for the same thing right now — lower prices. Comments from companies ranging from Whirlpool (WHR) to Procter & Gamble (PG), as well as major snack brands like PepsiCo (PEP) and Coca-Cola (KO), have told…
PepsiCo is introducing a new prebiotic soda this fall geared toward health-conscious customers. The food and beverage company said Monday that the new product is designed to meet changing consumer needs and offer “more functional ingredients.” The new drink, which will come in cola and cherry vanilla flavors, will contain five grams of cane sugar,…
Trump says Coke agrees to switch formula back to cane sugar, like in Mexico – CBS News Watch CBS News Amid the crisis in the Middle East, the Epstein controversy and drama at the Federal Reserve, President Trump also pushed Coca-Cola into the political spotlight. The president wants its sweetener switched. Elise Preston has the…
Warren Buffett‘s Berkshire Hathaway, is earning more than $93,000 every hour from a single stock: Coca-Cola. With 400 million shares of the beverage giant in its portfolio, Berkshire Hathaway receives a staggering $816 million annually in dividends from this one holding alone. That breaks down to about $2.2 million per day, or $93,150 per hour,…
President Trump said that he’s convinced Coca-Cola to use real cane sugar in its U.S. cola, writing on his Truth Social app that “this will be a very good move by them.” Mr. Trump, who is a fan of Diet Coke, wrote in the post that he had been “speaking to Coca-Cola” about the suggestion,…
At the Ehrenberg-Bass Institute, University of South Australia, we’ve spent decades researching brand strategy. Coca-Cola’s return as the Official Soft Drink Partner of the Premier League for the 2025/26 season looks like a brand-building tap-in. Dr. Will Caruso, senior marketing scientist, and Carlos Villanueva, marketing scientist, explain why this is a goal-scoring opportunity, firmly grounded…