NEW YORK (AP) — Wall Street sank on Tuesday as rising pressure from the bond market pulled U.S. stocks further from their records. The S&P 500 fell 0.7% for its worst day in a month after paring a loss that earlier reached 1.5%. The Dow Jones Industrial Average dropped 249 points, or 0.5%, and the…
Activist investor Elliott Investment Management is taking a $4 billion stake in PepsiCo, saying there’s an opportunity to revive the snack and drinks company. Years of double-digit price increases from PepsiCo and changing customer preferences has weakened demand for its drinks and snacks, the company said in February. In July PepsiCo said that it is…
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,…
PepsiCo, Inc. (NASDAQ:PEP) is one of the Most Undervalued High Quality Stocks to Buy According to Hedge Funds. On July 11, PepsiCo, Inc. (NASDAQ:PEP) announced a new limited-edition fashion collection with streetwear designer Samii Ryan. The collection is called Pepsi x Samii Ryan. The partnership combines three big trends, including early 2000s nostalgia, bold rodeo-inspired styles,…
PepsiCo, Inc. (NASDAQ:PEP) is one of the best dividend stocks for a bear market. In uncertain times, investing in a dividend-paying stock that has seen a significant drop in price can be a smart move, provided the company’s long-term fundamentals remain strong. This Dividend King Stands Out as a Long-Term Favorite A close up of…
In This Story Shaken by geopolitical shocks, the S&P 500 was flat last week and the Nasdaq nosed just into the red — but the Dow Jones Industrial Average finished significantly lower, weighed down by a double blow from UnitedHealth (UNH) and Nvidia (NVDA). How Trump’s tariffs could make your iPhone cost $3,500 UnitedHealth slashed…
In This Story The Nasdaq and other major indices saw gains on Tuesday morning following a strong earnings report from Palantir. Meanwhile, investors are anticipating President Trump’s next move as China responded to Trump’s new tariffs by promising to implement its own import taxes starting next week. What DeepSeek’s AI breakthrough means for Meta, OpenAI,…