PepsiCo is a global food and beverage leader, known for producing a diverse range of products that include well-known brands in the beverage, snack, and food categories. The company operates in various segments, offering carbonated and non-carbonated drinks, as well as an assortment of snack foods, including chips, cereals, and nutrition bars. PepsiCo is committed to innovation and sustainability, continuously adapting its product offerings to meet changing consumer preferences and dietary requirements while focusing on reducing its environmental footprint. Through its extensive distribution network, the company reaches consumers in more than 200 countries, making it a key player in the global food and beverage industry. Read More
Shares of energy drink company Celsius (NASDAQ:CELH)
fell 3.4% in the morning session after peer beverage company Constellation Brands (STZ) revised its fiscal 2026 outlook downward, citing challenging macroeconomic conditions. Constellation Brands updated its comparable earnings per share guidance to a range of $11.30-$11.60, a significant drop from its previous forecast of $12.60-$12.90, and now expects an organic net sales decline. The negative outlook from a major industry player appears to be weighing on investor sentiment for the broader beverage sector.
Shares of food and beverage company PepsiCo (NASDAQ:PEP)
jumped 2.2% in the afternoon session after activist investor Elliott Investment Management disclosed a substantial $4 billion stake in the company.
The specter of persistent inflation continues to loom large over the U.S. economy, keeping both consumers and policymakers on edge. Despite the Federal Reserve's aggressive campaign of interest rate hikes, the Personal Consumption Expenditures (PCE) price index, the central bank's preferred gauge of inflation, continues to run above its
Elliott Investment Management has built a $4 billion stake in PepsiCo, pushing for strategic changes as the beverage giant faces declining sales, market share losses, and a sharp drop in its stock value.
According to a report by The Wall Street Journal, citing people familiar with the matter, Elliott’s position in PepsiCo is one of the activist investor’s largest equity stakes ever.
Reliance Industries, led by Mukesh Ambani, unveiled Jio Frames smart glasses and a $50 billion AI push with Google and Meta partnerships, intensifying its challenge to global tech and consumer brands like Meta, Starbucks, Coca-Cola, Pepsi, and Netflix.
Shares of energy drink company Celsius (NASDAQ:CELH)
jumped 5.1% in the morning session after the company announced a strengthened long-term strategic partnership with beverage giant PepsiCo, which is boosting its stake in the company by $585 million.
Celsius Holdings, Inc. (Nasdaq: CELH) (“Celsius Holdings”) and PepsiCo, Inc. (Nasdaq: PEP) (“PepsiCo”) today announced an agreement to strengthen their long-term strategic partnership. As part of the agreement: (i) Celsius Holdings’ Alani Nu® brand will move into the PepsiCo distribution system in the U.S. and Canada, (ii) PepsiCo has acquired $585 million in newly issued convertible 5% preferred stock while extending its existing preferred stock to the same conversion period and (iii) Celsius Holdings has acquired the Rockstar Energy® brand in the U.S. and Canada from PepsiCo. PepsiCo will continue to own the Rockstar Energy brand internationally. Celsius Holdings will become the PepsiCo strategic energy lead in the U.S., managing the CELSIUS®, Alani Nu and Rockstar Energy brands, while PepsiCo will lead distribution for the Celsius Holdings portfolio in the U.S. and Canada.
The U.S. economy currently navigates an intriguing, yet precarious, path as hypothetical Q2 2025 data suggests a robust rebound in Gross Domestic Product (GDP) growth. This economic buoyancy, however, is shadowed by the persistent specter of inflation, with the Personal Consumption Expenditures (PCE) price index stubbornly holding above the
The United States stock market finds itself at a precarious crossroads, with valuations for mega-cap technology and growth stocks reaching unprecedented, historic highs. This extraordinary rally, largely propelled by a concentrated group of tech behemoths, has ignited a fervent debate among investors and analysts: are these valuations sustainable, or do
The United States economy finds itself at a critical juncture in August 2025, grappling with a stubborn inflation problem that continues to defy the Federal Reserve's targets, even as clear signs of an economic slowdown and a weakening labor market emerge. This confluence of factors presents a challenging landscape for
