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Bloomberg72d agoneutral
BofA Sees ‘Strong’ Consumer, Bucking Fears of Price Pressures

(Bloomberg) -- Bank of America Corp. — whose consumer division is its biggest profit engine — said consumers are keeping up with their bills and continuing to spend on discretionary items such as travel and entertainment, despite fears that price pressures would weigh on US households. Most Read from BloombergUS Hits Iran With Strikes, Blockade as Trump Plans Hormuz ChargeTrump Shelves 20% Fee for Hormuz Cargo After Gulf PressureUS CPI Falls for the First Time Since 2020, Core Gauge FlatA Cocain

Bloomberg72d agoneutral
Wall Street Traders Seize on Fervor and Fear to Shatter Records

(Bloomberg) -- As artificial intelligence, war and the specter of inflation drive investors’ exuberance and worries, Wall Street’s traders have cracked the code to come out on top every single time.Most Read from BloombergUS Hits Iran With Strikes, Blockade as Trump Plans Hormuz ChargeLindsey Graham, Senate Hawk Turned Trump Ally, Dies at 71Trump Embraces Australian Retirement System Backed by Larry FinkUS CPI Falls for the First Time Since 2020, Core Gauge FlatA Cocaine Bust in Spain Leads All

Bloomberg73d agoneutral
FTC Says Henkel Deal Would Merge ‘Coke and Pepsi’ of Adhesives

(Bloomberg) -- The Federal Trade Commission urged a judge to block Henkel AG’s $725 million purchase of part of Pittsburgh Paint Co., saying the deal would harm competition in the liquid-adhesive market by combining two of its biggest players.Most Read from BloombergLindsey Graham, Senate Hawk Turned Trump Ally, Dies at 71Trump Restarts Iran Blockade as US Plans 20% Hormuz ChargeTrump Embraces Australian Retirement System Backed by Larry FinkOpenAI Engineer’s ‘LOL’ Moment Set Stage for Legal Fig

PepsiCo CEO warns on gas prices, consumer spending
TheStreet73d agoneutral
PepsiCo CEO warns on gas prices, consumer spending

PepsiCo spent February cutting prices. Lay's, Doritos, Cheetos, and Tostitos are all down 15%. The company needed American shoppers to start buying snacks again, and cheaper prices seemed like the obvious way to get them back. It didn't really work. And when CEO Ramon Laguarta got on the Q2 ...

Bloomberg75d agoneutral
Fuel Prices Are Slamming Consumers Even as Crude Crisis Fades

(Bloomberg) -- Prices for gasoline, diesel and jet fuel are rebounding even as crude oil eases, a rare divergence that’s swelling costs for peak-season travelers and threatening to undermine President Donald Trump’s pledge to quash inflation ahead of midterm elections.Most Read from BloombergGates Heir’s Shopping App Claimed Sales It Didn’t DriveApple Sues OpenAI for Trade Secret Theft in Pivotal CaseCanada Gives Share of Bridge Profits to US to Get Trump Go-AheadPrabowo’s Clampdown on Indonesia

What Would It Take to Permanently Cover Long-Term Care Insurance Premiums?
24/7 Wall St.76d agoneutral
What Would It Take to Permanently Cover Long-Term Care Insurance Premiums?

A long-term care policy does not just protect against a future care bill. It also creates a premium bill that may have to be paid for decades. A healthy 55-year-old buying meaningful inflation protection can face annual premiums in the low-to-mid thousands, and a 55-year-old couple can easily cross $5,000 combined. The planning question is: ... What Would It Take to Permanently Cover Long-Term Care Insurance Premiums?

Pepsi Fizzles, Stocks Bubble On
The Wall Street Journal77d agoneutral
Pepsi Fizzles, Stocks Bubble On

President Trump said on Thursday that Iran has called him seeking a deal, though Iran hasn’t confirmed this. The S&P 500 index rebounded by 0.8%, and the Nasdaq Composite index gained 1.3%. The beverage and snack giant reported a rise in sales volume for its North America unit, but a decline in revenue.

PepsiCo Q2 Earnings Call Highlights
MarketBeat77d agoneutral
PepsiCo Q2 Earnings Call Highlights

PepsiCo (NASDAQ:PEP) executives reaffirmed the company’s full-year outlook during its 2026 second-quarter earnings question-and-answer session, pointing to strong international momentum and improving global volumes while acknowledging that North America, particularly impulse channels tied to gasolin

Consumers Are Sweating Gas Prices, and PepsiCo Shares Are Slumping
The Wall Street Journal77d agobearish
Consumers Are Sweating Gas Prices, and PepsiCo Shares Are Slumping

PepsiCo shares are down nearly 4% after the soda-and-snacks giant’s results showed that consumer cost pressure isn’t abating. "Will it change in the coming months? It all depends on the price of gas," CEO Ramon Laguarta said on an investor call Thursday.

PepsiCo shares fall as slight earnings miss overshadows revenue beat
Proactive77d agobearish
PepsiCo shares fall as slight earnings miss overshadows revenue beat

PepsiCo Inc (NASDAQ:PEP, XETRA:PEP) shares fell about 4% on Thursday after the food and beverage company reported fiscal second-quarter adjusted earnings that came in slightly below Wall Street expectations, despite revenue topping estimates and the company reaffirming its full-year...

Pepsi Earnings Beat Expectations. Why the Stock Is Dropping.
Barrons.com77d agoneutral
Pepsi Earnings Beat Expectations. Why the Stock Is Dropping.

PepsiCo stock was falling Thursday after the soft drinks and snacks maker said it had lost market share in North America, overshadowing a second-quarter earnings beat. The maker of Lay’s, Doritos, Pepsi, and Gatorade reported an adjusted profit of $2.20 a share for the second quarter, as revenue climbed 6.4% from a year ago to $24.18 billion. Analysts were expecting adjusted earnings of $2.19 a share on revenue of $23.95 billion, according to a FactSet poll.

PepsiCo Price Prediction: Is The Stock a Buy Before Earnings?
24/7 Wall St.77d agobullish
PepsiCo Price Prediction: Is The Stock a Buy Before Earnings?

With PepsiCo (NASDAQ:PEP) set to report Q2 2026 earnings before the market opens on July 9, 2026, investors are asking whether to buy the beverage and snacks giant ahead of the earnings report. Our 24/7 Wall St. price target for PepsiCo is $171.20, implying 18.09% upside from $144.98. Our recommendation is a buy, with a ... PepsiCo Price Prediction: Is The Stock a Buy Before Earnings?

PepsiCo Q2 earnings: US consumers are cutting back on snacking amid inflation
Yahoo Finance Video77d agoneutralVIDEO
PepsiCo Q2 earnings: US consumers are cutting back on snacking amid inflation

PepsiCo (PEP) stock slides in Thursday's pre-market after the food company's second quarter earnings results illustrated how Americans are cutting back on snacking amid inflationary pressures. Yahoo Finance Senior Reporters Pras Subramanian and Brooke DiPalma sit down with Monetary Matters Network co-founder Jack Farley to talk about the earnings release and the state of the US consumer.