Pepsi, Elevance Health
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PepsiCo jumped 7.5% after delivering revenue and profit that topped Wall Street’s expectations. The drink and snack giant also stood by its financial forecasts given in April, which projected lower full-year profit than previous forecasts due to increased costs from tariffs and a pullback in consumer spending.
PepsiCo Inc (NYSE:PEP) stock is 6.3% higher to trade at $143.88 this morning, after the company posted adjusted second-quarter earnings per share (EPS) of $2.12 on revenue of $22.73 billion, beating estimates of $2.02 and $22.27 billion. The results have ...
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Wall Street is hanging near its records on Thursday following some better-than-expected updates on the economy and a mixed set of profit reports from big U.S. companies. The S&P 500 was virtually unchanged in early trading and just a bit below its all-time high set a week before.
Lucid soars after announcing a self-driving partnership with Uber Technologies and Nuro, Taiwan Semiconductor Manufacturing reports a record profit in the second quarter, and PepsiCo’s adjusted earnings top forecasts.
Disney CEO Bob Iger celebrated the company's 70th anniversary by opening the New York Stock Exchange trading session from Anaheim, California Thursday.
PepsiCo said on Thursday that it was expecting a smaller drop in annual core profit, helped by a rebound in demand for its energy drinks and healthier soda brands in the United States as well as benefits from favorable foreign exchange rates.