The Coca-Cola Company is a global leader in the beverage industry, renowned for its portfolio of soft drinks, juices, teas, coffees, and water products. Headquartered in Atlanta, Georgia, the company focuses on manufacturing, marketing, and distributing non-alcoholic beverages, with its flagship product being the iconic Coca-Cola soft drink. With a commitment to sustainability and innovation, Coca-Cola continually expands its offerings to meet consumer preferences, emphasizing healthier options and environmentally friendly practices. The company operates in numerous markets worldwide, leveraging its extensive distribution network to ensure that its products are accessible to a diverse range of consumers. Read More
Pricing power is a company's ability to raise prices for its products or services without causing a significant drop in demand or losing customers to competitors.
Activist investor Elliott Investment Management has sent significant ripples through the financial markets with the recent announcement of a substantial $4 billion stake in global food and beverage giant PepsiCo (NASDAQ: PEP). This strategic move positions Elliott as one of PepsiCo's largest shareholders outside of index funds, signaling a clear
Shares of beauty and waxing service franchise European Wax Center (NASDAQ:EWCZ) fell 2.6% in the afternoon session after the stock traded lower amid broader market headwinds, as September is historically a challenging month for stocks.
Shares of medical device company LeMaitre Vascular (NASDAQ:LMAT)
fell 2.2% in the afternoon session after the stock traded lower amid broader market weakness. U.S. stock markets began September trading on a negative note, due to concerns over tariffs and rising U.S. sovereign bond yields, which dented investor sentiment. The downward pressure appeared to continue into Wednesday's session, which saw mixed trading. While the tech-heavy Nasdaq showed gains, the Dow Jones Industrial Average was trading in negative territory. The healthcare sector, to which LeMaitre belongs, has also been facing pressure from factors like rising operational costs. In the absence of any company-specific news, the stock's dip seems to be influenced by these wider market and sector headwinds.
The financial markets have been abuzz with significant company-specific news, as major players like Kraft Heinz (NASDAQ: KHC), PepsiCo (NASDAQ: PEP), and Macy's (NYSE: M) have each announced developments with immediate and distinct implications for their operations and stock performance. These events, ranging from a strategic corporate restructuring to the
Shares of theme park operator United Parks & Resorts (NYSE:PRKS)
jumped 3.3% in the afternoon session after it was announced the company is poised to join the S&P SmallCap 600 index. S&P Dow Jones Indices announced late Tuesday that the theme park operator, formerly known as SeaWorld Entertainment, will replace Foot Locker in the index. The change will be effective before the market opens on Monday, September 8. Inclusion in a major index is often a positive development for a company's stock, as it forces index funds and exchange-traded funds (ETFs) that track the S&P SmallCap 600 to purchase the company's shares. This creates new buying demand, which can drive the stock price higher.
Shares of electric vehicle manufacturer Rivian (NASDAQ:RIVN) jumped 7.4% in the afternoon session after the company confirmed the upcoming integration of Apple CarKey support and as analysts anticipate strong demand for its R2 SUV. The Apple CarKey feature will allow owners to use their iPhones and Apple Watches as vehicle keys, enhancing user convenience. This news adds to the positive sentiment surrounding the electric vehicle maker's upcoming R2 SUV, for which analysts foresee strong demand. Additionally, Rivian has been bolstering its value proposition by expanding charging options. The company's integration with the Tesla Supercharger network provides its vehicle owners access to over 21,500 additional DC fast chargers across North America, addressing a key concern for potential EV buyers.
Shares of customer experience management platform Sprinklr (NYSE:CXM) fell 9.1% in the afternoon session after the company's third-quarter earnings per share (EPS) guidance disappointed investors. The decline occurred even as the customer experience management company reported second-quarter results that surpassed analyst expectations on both revenue and earnings. However, investors seemed to focus on the mixed forward-looking guidance. While the company's revenue forecast for the third quarter of approximately $209.5 million was slightly ahead of estimates, its EPS outlook fell short. This guidance miss, coupled with a forecasted sequential decline in revenue from the second quarter's $212 million, suggested a potential slowdown and overshadowed the otherwise solid quarterly performance and the company's decision to raise its full-year guidance for both revenue and EPS.
Shares of packaged food company Campbell's (NASDAQ:CPB)
jumped 4.8% in the afternoon session after the company reported second-quarter earnings that surpassed Wall Street expectations. The food company posted adjusted earnings of 62 cents per share, beating the average analyst estimate of 57 cents. Revenue for the quarter came in at $2.32 billion, roughly in line with the consensus forecast of $2.33 billion. Despite the earnings beat, the results were mixed as sales volumes fell 4% year-over-year. Looking ahead, Campbell's provided guidance for fiscal 2026 adjusted earnings per share between $2.40 and $2.55, with the midpoint of the range falling short of analysts' expectations.
Shares of speciality vehicle provider REV (NYSE:REVG)
jumped 7.8% in the afternoon session after the company reported second-quarter results that beat analyst expectations and raised its full-year guidance.
Shares of employee benefits provider Unum Group (NYSE:UNM) jumped 2.9% in the afternoon session after the advance appeared to be driven by general positive sentiment in the absence of any major company-specific news. Investors may be drawing confidence from the company's solid underlying fundamentals and a favorable view from Wall Street. Recent performance highlights for Unum include premium growth of nearly 5% in the second quarter and a strong capital position with $2 billion in holding company cash. This financial health is complemented by a "Buy" consensus rating from analysts, who believe the stock is likely to outperform the market over the next year, reinforcing a positive outlook among investors.
Shares of women’s plus-size apparel retailer Torrid Holdings (NYSE:CURV)
jumped 3.1% in the afternoon session after investors appeared to be positioning themselves ahead of the company's upcoming earnings report.
Women’s plus-size apparel retailer Torrid Holdings (NYSE:CURV)
will be announcing earnings results this Thursday after the bell. Here’s what to expect.
Recreational products manufacturer American Outdoor Brands (NASDAQ:AOUT)
will be reporting results this Thursday after the bell. Here’s what to expect.
Shares of enterprise data capture company Zebra Technologies (NASDAQ:ZBRA) fell 3.4% in the afternoon session after it was caught in a broader market sell-off triggered by a federal court ruling on tariffs and rising bond yields. The downturn on Wall Street saw major indices like the Dow Jones, S&P 500, and Nasdaq all tumble, with tech stocks being among the hardest hit. The sell-off was sparked by a court decision that ruled most of the Trump global tariffs illegal. While the tariffs remain in place pending appeal, the news created market uncertainty, sending Treasury yields higher.
