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PEP News30 articles
Smaller Staples Stocks Propel XLP ETF Past S&P 500
The Consumer Staples Select Sector SPDR ETF (XLP) rose 1.08% on August 13, outpacing the S&P 500 by 0.38 percentage point, driven by strong gains from smaller holdings.
Markets
Starbucks Shares Near Record High as Unicorn Frappuccino Drives Traffic, Not Profit
Starbucks reintroduces its Unicorn Frappuccino for a weekend, aiming to drive foot traffic as shares hover near record highs. Q3 transactions rose 4.2%, but the drink's direct revenue impact is small.
Earnings
Celsius Stock Rebounds on CEO Change Push, Core Brand Still Struggles
Celsius shares rose 11.9% after a leadership challenge, recouping half of Thursday's decline, but core brand revenue fell 11.7%.
Markets
Celsius Shares Tumble 17% as Core Brand Sales Slip
Celsius Holdings (CELH) shares dropped 17% in premarket after Q2 revenue and EPS missed estimates, as core CELSIUS brand sales fell 11.7% despite Rockstar-driven growth.
Earnings
Celsius Holdings Faces Pre-Earnings Slide as Investors Eye Core Growth
Celsius Holdings (CELH) shares declined 3.4% to $28.23 ahead of Q2 earnings, with investors focused on core brand growth and margin trends. Analysts expect revenue of $887.7 million.
Earnings
Coca-Cola Stock Surges 6.5% on Strong Volume, H2 Outlook Brightens
Coca-Cola shares climbed 6.5% last week, beating the S&P 500, as global volume rose 5% and the company lifted its full-year EPS guidance.
Earnings
Coca-Cola Stock Climbs on Strong Volume Growth and Upgraded Forecast
Coca-Cola shares jumped in premarket trading after Q2 results beat expectations, with global volume up 5% and a raised EPS growth forecast for 2026.
Earnings
PepsiCo's Overseas Strength Offsets U.S. Weakness; Stock Flat
PepsiCo shares closed nearly flat as strong international performance, which contributed 209% of core operating-profit growth, balanced weaker North American results.
Earnings
Celsius Shares Slide 3.3% as Loan Savings Highlight Margin Squeeze
Celsius (CELH) fell 3.3% to $28.99 after refinancing a $694.75M term loan, but interest savings are minor compared to margin erosion from acquisitions.
Markets
Coca-Cola Edges Up Pre-Market as Fairlife Cyber Attack Highlights $6.2B Stake
Coca-Cola shares edged higher in premarket trading after a ransomware attack disrupted fairlife production, highlighting the company's $6.2 billion investment in the dairy brand.
Markets
Coca-Cola Gains 2.6% as Defensive Staples Rally Ahead of Earnings
Coca-Cola rose 2.6% to $84.63, just below its July peak, as consumer staples rallied amid a broader market dip. The stock trades at a premium, with Q2 earnings on July 28 as the next catalyst.
Markets
Coke's Market Cap Lead Over Pepsi Balloons to $172 Billion
Coca-Cola's market cap lead over PepsiCo grew to $172 billion as Pepsi shares fell more sharply. KO stock held up better ahead of its July 28 earnings report.
Earnings
Semis Rebound; Micron's $250B US Bet Fuels AI Rally Despite Oil Jitters
Micron's massive US investment plan boosted AI-chip stocks, with the Nasdaq climbing 1.3%. Oil prices fell, easing inflation fears, but geopolitical risks remain.
Technology
Memory and Chip Stocks Lead Market Rally Beyond Nvidia
Memory and chip stocks led a broad market rally, with Micron's huge U.S. investment boosting AI supply chain names. Risks from inflation and Fed policy persist.
Markets
Nasdaq Gains on Chip Equipment Surge as AI Focus Shifts to Suppliers
Nasdaq leads midday gains on chip-equipment and memory stocks, while NVIDIA and Microsoft decline. Micron's US investment plan shifts AI focus to suppliers.
Markets
PepsiCo Sales Beat Marred by Weak US Demand
PepsiCo beat Q2 revenue estimates but saw soft North American demand, with flat snack volumes and a 4% beverage decline, despite price cuts.
Earnings
Nasdaq Futures Rise on Chip Strength as Oil Worries Persist
U.S. stock futures were mixed Thursday with the Nasdaq rising on chip stock strength, but the Dow slipped as U.S.-Iran tensions kept oil markets on edge.
Markets
Chip Stocks Lift Nasdaq Futures; Dow Dips on Iran Tensions, Fed Hawkishness
Nasdaq futures rose Thursday on chip stock strength, while Dow futures slipped as IBM and Microsoft declined amid U.S.-Iran fighting and Fed hawkishness.
Markets
US Earnings Season Begins with PepsiCo, Delta as Profit Forecasts Rise
PepsiCo and Delta Air Lines lead off the second-quarter earnings season Thursday and Friday, with S&P 500 profit forecasts climbing at the fastest pace in five years.
Earnings
South Korea's KOSPI Plunges into Bear Territory as AI Rally Unwinds
The KOSPI index fell into a bear market, down over 20% from its June high, driven by a selloff in AI-related stocks. Global markets also declined amid rising bond yields and geopolitical risks.
Markets
Dow Edges Lower as Caterpillar, Honeywell Offset Defensive Gains
The Dow slipped 0.11% as Caterpillar and Honeywell weighed, but defensive sectors helped cap losses. Chip stocks led a broader decline.
Markets
Nasdaq Slides as Chip Rout Deepens; Dow Steadies Near Record
U.S. stocks ended mixed Tuesday as a steep decline in chip stocks dragged the Nasdaq lower, while the Dow hovered near its record close.
Markets
Nasdaq Futures Slip as Chip Stocks Weaken Ahead of Fed Minutes
Nasdaq 100 futures dropped 1.04% early Tuesday as chip stocks slid, while Dow futures edged up, widening the gap between the two indices ahead of Fed minutes.
Markets
Walmart's Summer Price Cuts: Soda and Cherries Lead, Not Beef
Walmart's latest price cuts focus on soda and cherries, not beef, despite political claims. The move pressures rivals like Kroger amid rising food costs.
Markets
S&P 500 Ends Higher but After-Hours Gains Narrow as Rivian Plunges and Fiserv Surges
U.S. stocks closed higher Monday, but after-hours trading saw narrow gains. Rivian (RIVN) fell 9% after announcing a 75-million-share offering. Fiserv (FISV) rose 3.7% on reports of bank talks about a payments network.
Markets
Dow Breaks 53,000 as Chip Rally Drives Narrow Market Advance
The Dow closed at a record 53,056.80, but weak breadth and a narrow chip-led rally raised concerns. Apple and Broadcom extended their partnership through 2031.
Markets
Dow Dips from Record as Nike and Amgen Weigh on Blue Chips
The Dow slipped from a record intraday high as Nike and Amgen weighed heavily, while tech stocks surged on Broadcom's Apple deal and AI momentum.
Markets
Nasdaq Rises on AI Contract Gains, Dow Slips
The Nasdaq outperformed Monday, boosted by AI supply-chain contracts, as the Dow lagged. Broadcom and TeraWulf shares rose on major deals.
Markets
Tech-Led Gains Drive Nasdaq Futures Higher, Dow Holds Near Record
Nasdaq-100 futures advanced 1.02% in premarket trading, led by chip and AI stocks. Dow futures hovered near record levels, while oil prices fell over 1% after OPEC+ raised output targets.
Markets
Nasdaq Futures Lead Wall Street Higher as Chip Rotation Concerns Linger
Nasdaq futures jumped 1.06% early Monday, outpacing the Dow and S&P 500, as investors weigh a rotation out of chip stocks ahead of key earnings and Fed minutes.
Markets