PepsiCo Shares Rise on Strong Q3 Revenue Despite Lowered Profit Outlook
PepsiCo reported a 5.6% jump in third-quarter revenue to $25.27 billion, but shares rose even as the company lowered its full-year earnings growth forecast.
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PepsiCo reported a 5.6% jump in third-quarter revenue to $25.27 billion, but shares rose even as the company lowered its full-year earnings growth forecast.
Nvidia is investing $1 billion over five years in U.S. scientific research to expand its presence in AI, quantum computing, and healthcare.
JPMorgan Chase prepares for its October 13 earnings report as rising Treasury yields pressure funding costs and delay investment banking deals.
The S&P/TSX Composite Index rose 0.3% as rising crude oil prices boosted energy stocks, offsetting losses in the financial and tech sectors.
Taiwan Semiconductor Manufacturing Co. reported record Q3 sales of NT$1.49 trillion, beating market forecasts on sustained demand for AI processors.
ChemoMetec A/S is launching a share buyback program running from October 2026 to March 2027 to adjust its capital structure and return capital.
Marvell Technology shares declined more than 3% despite analysts raising price targets following the company's ambitious long-term AI revenue forecast.
Park Aerospace Q2 revenue grew to $20.79 million with net income of $4.53 million, supported by strong demand for advanced composite materials.
GEO Group has extended its $550 million revolving credit facility to 2031 and increased its incremental borrowing capacity to $750 million.
Innovative Eyewear reported record preliminary third-quarter net sales of 1.04 million dollars, driven by wholesale expansion and online growth.
Donald Trump's latest financial disclosure reveals millions of dollars in August investments in Meta Platforms and SpaceX senior debt.
Donald Trump and JD Vance endorse the Credit Card Competition Act, which aims to lower merchant swipe fees and could impact Visa and Mastercard.
Amazon has blocked Meta's Muse AI agent from making purchases, sparking a dispute over customer data security and control of the online shopping experience.
An analyst warns that Bitcoin's rise above $80,000 could lead to a sharp reversal, setting up a potential low in the fourth quarter.
Gold prices edged higher as investors weighed rising U.S. government debt and geopolitical tensions against uncertain interest rate paths.
RiverNorth Capital and Income Fund has completed its 5% pro-rata tender offer, repurchasing 173,168 shares at a price of $14.82 per share.
Enterprise Products Partners increased its third-quarter distribution by 2.8% and continued its unit repurchase program.
VSBLTY Groupe Technologies Corp. shares resumed trading on the CSE after regulators lifted a cease trade order following completed filings.
Grupo Aeroportuario del Sureste subsidiary Aeropuerto de Cancún placed senior notes due 2031 and 2036 to secure fixed-rate mid-cycle funding.
Myers Industries, Inc. will report its third-quarter 2026 financial results on October 29 before the market opens, followed by a conference call.