PepsiCo cuts revenue forecast as US demand for snacks and drinks weakens
PepsiCo has revised its organic revenue growth expectations for the year following a continued decline in consumer purchases of its...
Earnings season is here, but expect no major market rally
As the third-quarter earnings season kicks off, analysts are expecting solid numbers from S&P 500 companies, but not enough to...
Former Google CEO prioritises AI investments over climate goals
Eric Schmidt says the world should prioritise investing in artificial intelligence over climate goals that “we’re not going to hit...
Is the rally in gold and copper prices losing steam?
The metals market was disappointed with China’s top economic planner as it failed to offer any specific further stimulus measures...
Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.95%
Investing.com – Saudi Arabia stocks were higher after the close on Tuesday, as gains in the Industrial Investment, Real Estate...
Initial feedback for the iPhone 16 is not great, but not terrible either: KeyBanc
Investing.com — According to a recent note from KeyBanc Capital Markets, the initial feedback for Apple (NASDAQ:AAPL)’s iPhone 16 suggests that...
Hedge funds no longer dip buyers ahead of macro catalysts: Barclays
Investing.com — Hedge funds are no longer buying dips ahead of macroeconomic catalysts, Barclays strategists revealed in a recent note....
Investing.com Poll: What should investors do ahead of Tesla’s robotaxi event?
Investing.com — Tesla (NASDAQ:TSLA) is due to unveil plans for its long-awaited robotaxi offering this week in an event that...
Otis shares fall pre-market following downgrade by Wolfe Research
Investing.com — Shares of Otis Worldwide Corporation (NYSE:OTIS) were down 3% in pre-open trade on Tuesday after the stock was...
Brazil consumer prices seen higher in Sept as drought bites: Reuters poll
By Gabriel Burin (Reuters) – Brazil’s consumer prices are expected to have risen in September after staying little changed in...
