Henrique Braun to become the next CEO of The Coca-Cola Company. Courtesy: The Coca-Cola Company Coca-Cola Chief Operating Officer Henrique Braun will succeed James Quincey as CEO next year, the company said Wednesday, as Coke and its rivals navigate tepid consumer demand for soft drinks. The change will take effect on March 31, and Braun…
Sina Schuldt | Picture Alliance | Getty Images Coca-Cola reported quarterly earnings and revenue that topped expectations, but the beverage giant said that demand for its drinks is still soft. Here’s what the company reported compared with what Wall Street analysts surveyed by LSEG were expecting: Earnings per share: 82 cents adjusted vs. 78 cents…
My week in San Francisco, where I attended Salesforce’s annual AI conference and visited with the CEOs of Starbucks, Broadcom, and many others, was filled with fresh insights about AI, stocks, and the market at large. Below are my top 10: Consider these takeaways to inform your investing decisions in the days and months ahead….
Marc Benioff, chief executive officer of Salesforce Inc., speaks during the 2025 Dreamforce conference in San Francisco, California, US, on Tuesday, Oct. 14, 2025. Michael Short | Bloomberg | Getty Images Salesforce shares rose as much as 5% in extended trading on Wednesday after the software vendor issued new financial targets for the next few…
Stocks were brutalized Friday in a way we haven’t seen in ages. Everything except some downtrodden consumer packaged goods stocks, led by the resurgent PepsiCo , was slaughtered. The headwinds were enormous and came from disparate places. Bond yields came down huge, something that equity markets normally greet with tremendous relief and price-to-earning multiple expansion….
PepsiCo on Thursday reported quarterly earnings and revenue that beat analysts’ expectations, as international growth offset another quarter of declining volume in North America. Shares of the company rose more than 2% in morning trading. Here’s what the company reported for its fiscal third quarter compared with what Wall Street was expecting, based on a survey of…
The federal government closed up shop last week. You might not have known that if the stock market’s performance was your guide: The S & P 500 finished the week at a record high on a six-day win streak . But the longer the shutdown in Washington drags on, the more attention Wall Street may…
CNBC’s Jim Cramer on Friday guided investors through next week on Wall Street, highlighting earnings reports from McCormick and Delta Air Lines as well as Dell‘s analyst meeting. He also suggested the economy outside of data center-related business is getting weaker and advocated for another rate cut from the Federal Reserve. “We have a lot…
Utah-based drink chain Swig coined “dirty soda” back in 2010. Fifteen years later, the trend is fueling innovation everywhere from PepsiCo to McDonald’s, infusing the sluggish beverage category with new life. “Dirty soda” drinks use pop as a base, followed by flavored syrups, cream or other ingredients. While Swig claims credit — and the trademark…
Company: PepsiCo Business: PepsiCo is one of the world’s largest consumer packaged goods companies, with a portfolio of some of the most iconic brands in food and beverage. Its brands include: Lay’s, Doritos, Cheetos, Gatorade, Pepsi-Cola, Mountain Dew, Quaker and SodaStream. Its segments include Frito-Lay North America (FLNA); Quaker Foods North America (QFNA); PepsiCo Beverages…
