Latest in PepsiCo earnings beat estimates, but demand for drinks and snacks drops in North America
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People have cut back on salty snacks, and PepsiCo misses on revenue again
PepsiCo’s stock falls after revenue misses expectations for a third-straight quarter, amid “subdued” performance trends in North America.MarketWatch - 1h -
Pfizer tops earnings estimates as Covid product sales beat expectations and cost cuts pay off
The results cap off a critical year for Pfizer, which has been slashing costs as it recovers from the rapid decline of its Covid business and stock price.CNBC - 1h -
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 - 2h -
Pfizer stock climbs on Q4 revenue and earnings beat, reaffirmed guidance
“We remain confident in our ability to return to pre-pandemic operating margins in the coming years,” said Pfizer CFO David Denton.MarketWatch - 3h -
Regeneron’s earnings boosted by demand for blockbuster eye drug Eylea
A higher-dose formulation of Eylea saw U.S. sales more than doubleMarketWatch - 3h -
PayPal posts an earnings beat, but another metric is weighing on its stock
PayPal’s stock is down 6%, with an analyst noting that growth in branded-checkout volume seems to have trailed buy-side expectations.MarketWatch - 4h -
Tyson Foods’ chicken business powers earnings beat as stock rises
Tyson called the chicken results “exceptional.”MarketWatch - 1d -
Ortiz's 21 help North Alabama beat Central Arkansas 94-65
Led by Daniel Ortiz's 21 points, the North Alabama Lions defeated the Central Arkansas Bears 94-65ABC News - 2d -
The Weeknd releases new album and announces North America stadium tour
Fresh off the release of a new album called “Hurry Up Tomorrow,” The Weeknd has announced a massive North American stadium tourABC News - 3d -
Trump’s demands to drop DEI leads to deletion of unrelated federal pages
IRS handbook containing mentions of taxpayers’ ‘inequity’ and ‘inclusion’ have been wiped, WSJ reports. As the Trump administration continues to get rid of diversity programs throughout the ...The Guardian - 3d -
Chevron calls Gulf of Mexico the Gulf of America in earnings release after Trump order
Trump signed an executive order on Jan. 20 to rename the Gulf of Mexico as the Gulf of America.CNBC - 3d -
Shares of fashion giant H&M drop as fourth-quarter sales miss estimates
Shares of H&M dropped on Thursday after the world's second-largest retailer missed sales forecasts in the fourth quarter.CNBC - 5d -
Microsoft delivers an earnings beat but misses where it matters most
Investors want to see faster cloud revenue growth to justify the billions of dollars the company is investing to scale AI and Microsoft simply did not deliver.CNBC - 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 -
Tesla’s Fourth-Quarter Earnings Report Sharp Drop in Profit
The electric car company run by Elon Musk is facing increasing competition, but investors have focused mostly on the prospects for Tesla’s self-driving technology.The New York Times - 5d -
IBM shares rise 9% on earnings beat
In a statement, IBM CEO Arvind Krishna said the company has recorded $5 billion in bookings for its generative AI business.CNBC - 5d -
Levi beats earnings estimates but expects pressure this year from strong U.S. dollar
Levi expects its sales to slow in the current fiscal year because of the strong U.S. dollar and one fewer selling week.CNBC - 5d -
T-Mobile’s stock climbs after fourth-quarter earnings beat and robust guidance
T-Mobile expects postpaid net customer additions of between 5.5 million and 6 million for 2025, the company’s highest-ever guidance range issued at the beginning of the year.MarketWatch - 6d -
Mortgage demand drops further, even as interest rates settle
Mortgage rates didn’t move last week, but demand for new home loans continued to weaken.NBC News - 6d -
Mortgage demand drops further, even as interest rates settle
Mortgage rates didn't move last week, but demand for new home loans continued to weaken.CNBC - 6d -
Starbucks earnings top estimates, but same-store sales decline for fourth straight quarter
Starbucks said its same-store sales fell 4%, fueled by a 6% decline in visits to its stores.CNBC - 6d -
Starbucks North America Head Step Down as Part of Turnaround Plan
New CEO Brian Niccol is making changes at the top amid efforts to improve retail team and store performance.Inc. - 6d -
GM stock falls even as company beats analyst expectations on earnings
While investors will be watching GM's quarterly results, they will also be focused on its guidance for 2025 and any changes under the Trump administration.CNBC - 6d -
Dark and Darker Mobile Soft Launch Coming To North America In February
The first demo of Dark and Darker debuted almost two years ago, just a few months before the mobile version of the game was announced . Now, Dark and Darker Mobile's North American soft launch ...GameSpot - Jan. 28 -
Trump tells Davos he’ll demand that interest rates drop. It’s a fresh jab at the Fed.
U.S. President Donald Trump delivered remarks Thursday in a video appearance at the World Economic Forum’s annual gathering in Davos, Switzerland.MarketWatch - Jan. 23 -
President Donald Trump says he'll 'demand that interest rates drop immediately'
The comments represented an initial strike at Fed officials, with whom Trump had a highly contentious relationship during his first term in office.CNBC - Jan. 23 -
SK Hynix profit soars to a record high on AI boom, but shares drop on demand uncertainty
SK Hynix CFO Kim Woohyun said that the outlook for memory demand in 2025 was clouded by inventory adjustments, protective trade policies and geopolitical risks.CNBC - Jan. 23 -
Travelers withstands higher catastrophe losses as underwriting fuels earnings beat
Travelers Cos. executives confirm the Los Angeles wildfires will have a material impact on the insurer’s first-quarter earnings but say it’s too soon to specify the costs.MarketWatch - Jan. 22 -
Procter & Gamble earnings beat estimates as shoppers buy more household staples
Procter & Gamble beat quarterly earnings and revenue estimates and also reiterated its fiscal 2025 forecast.CNBC - Jan. 22 -
P&G didn’t raise prices for first time in 6 years, and Q2 earnings still beat
P&G’s stock powers up as profit and revenue rise above expectations, and the full-year outlook was affirmed.MarketWatch - Jan. 22 -
Charles Schwab hints at stock buybacks after beating Wall Street estimates
Charles Schwab also beat Wall Street’s fourth-quarter earnings estimate and reversed a revenue decline from the year-ago quarter.MarketWatch - Jan. 21 -
Justin Hastings earns invites to Masters, majors from winning 2025 Latin America Amateur Championship
Hastings is the second player from the Cayman Islands to win the championshipCBS Sports - Jan. 19 -
Mexico’s corn policy risks North America’s economic ties
President Sheinbaum’s handling of this issue will define her legacy and Mexico’s role in the region.The Hill - Jan. 18 -
Swissquote Expects Results To Beat Views on Crypto Demand
The online bank said its results for 2024 should exceed market expectations as it was boosted by cryptocurrency trading.The Wall Street Journal - Jan. 17 -
Bank of America tops estimates on better-than-expected investment banking, interest income
The company said fourth-quarter profit more than doubled to $6.67 billion, or 82 cents per share, from a year earlier.CNBC - Jan. 16 -
Wells Fargo shares jump after earnings beat, strong 2025 guidance
The lender expects 2025 net interest income, a key measure of what a bank makes on lending, to be 1% to 3% higher than 2024's number of $47.7 billion.CNBC - Jan. 15 -
China's exports in December grew 10.7%, beating estimates amid uncertainty over trade tariffs
China’s exports in December grew at a faster pace than expected, as factories rushed to fulfill orders amid uncertainty over trade tariffs that could be imposed by U.S. President-elect Donald TrumpABC News - Jan. 12 -
Walgreens shares soar 27% on big earnings beat, as drugstore chain cuts costs
Walgreens maintained its fiscal 2025 adjusted earnings guidance, but did not include a sales outlook in its release.CNBC - Jan. 10 -
The loyalty both Biden and Trump demand is costing America dearly
Pardoning those he called “patriots” and “political prisoners” would send a message — that loyalty to Trump comes with benefits.The Hill - Jan. 8 -
What to know about winter storm hitting North America
The extreme weather is being caused by the polar vortex, an area of cold air that circulates around the Arctic.BBC News - Jan. 6