The Latest Breaking News from PepsiCo

Has it learned its lesson?

This consumer stock hasn’t fared well so far in 2024, but Wall Street expects it to soar as much as 23% over the next 12 months.

PepsiCo stock is trading lower after mixed second-quarter results and revised outlook. Here’s what you need to know.

Stock Market Today: The Dow Jones reversed higher on a cool inflation report. Delta stock took a dive on weak earnings results.

PepsiCo reported higher-than-expected earnings in the second quarter even as customer demand for its snacks and drinks continued to slip

September S&P 500 E-Mini futures (ESU24) are down -0.09%, and September Nasdaq 100 E-Mini futures (NQU24) are down -0.10% this morning as market participants refrained from making any big bets ahead of a crucial U.S. inflation reading that could solidify expectations for Federal Reserve interest rate cuts later this year.

Soft drinks maker puts on a display of verbal gymnastic as takeover helps Danish brewer to enlarge its UK business

“It's very much a kind of growth-oriented acquisition, wanting to expand and invest," a Carlsberg spokesperson told Fortune.

Danish brewer Carlsberg on Monday said that it had reached a deal to buy British soft drinks manufacturer Britvic for GBP3.3 billion ($4.2 billion).