People have cut back on salty snacks, and PepsiCo misses on revenue again

• PepsiCo earnings beat estimates, but demand for drinks and snacks drops in North America

  PepsiCo's earnings topped Wall Street's estimates, but the company's revenue missed expectations, as drink and snack demand fell in North America.
  
  CNBC - 4h
• 

  PepsiCo Adding Healthier Snacks as Its North American Sales Dip

  Rising consumer demand for fewer empty calories is pushing the snack and beverage giant to offer options with less sodium, fat and artificial ingredients.
  
  The New York Times - 1h

• People who make under $130,000 were already cutting back. Trump’s trade war will tighten the squeeze.

  Middle-income households are feeling financially stressed and negative about their financial outlook, and many are cutting spending for 2025.
  
  MarketWatch - 3h

• Apple shares rise 3% as boost in services revenue overshadows iPhone miss

  Although Apple's overall sales rose during the quarter, the company's closely watched iPhone sales actually declined slightly on a year-over-year basis.
  
  CNBC - 4d

• Caterpillar misses on revenue again, warns of a decline in 2025

  Caterpillar’s stock falls after streak of revenue misses was extended, and the full-year outlook was for a surprise decline.
  
  MarketWatch - 5d

• Tesla fourth-quarter results miss estimates as automotive revenue drops 8%

  Tesla reported weaker-than-expected earnings and revenue for the quarter that ended in December.
  
  CNBC - 5d
• 

  ‘There are a lot of bitter people here, I’m one of them’: rust belt voters on why they backed Trump again despite his broken promises

  Many in Youngstown, Ohio, believe the president-elect will tackle the town’s decline this time. Others are worried about his character flaws. Their concerns help explain how he returned to power – ...
  
  The Guardian - Jan. 11
• 

  Jolted Australia are on the tear again – England have their work cut out

  Healy’s side have reacted strongly again to World Cup pain and the tourists need to keep the series live until the Test. If you’re playing against the Australian women’s cricket team, there are ...
  
  The Guardian - Jan. 10

• Drug Company to Share Revenues With Indigenous People Who Donated Their Genes

  Variant Bio, a small biotech company based in Seattle, is using genetic information from Indigenous people to develop drugs for obesity and diabetes.
  
  The New York Times - Jan. 7

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