The Coca-Cola Company is a global leader in the beverage industry, renowned for its portfolio of soft drinks, juices, teas, coffees, and water products. Headquartered in Atlanta, Georgia, the company focuses on manufacturing, marketing, and distributing non-alcoholic beverages, with its flagship product being the iconic Coca-Cola soft drink. With a commitment to sustainability and innovation, Coca-Cola continually expands its offerings to meet consumer preferences, emphasizing healthier options and environmentally friendly practices. The company operates in numerous markets worldwide, leveraging its extensive distribution network to ensure that its products are accessible to a diverse range of consumers. Read More
Investors weren't exactly wrong to be excited about the companies trying to make meal kits and plant-based meat cool. But they sure haven't made any money from those bets. So...what went wrong?
A number of stocks fell in the afternoon session after China imposed a 34% tariff on all U.S. imports amid escalating trade war tensions. This was partly in response to the "reciprocal tariffs" announced by the Trump administration the previous day, with levies on Chinese goods estimated to be as high as 50%.
Warren Buffett has held Coca-Cola stock for many years as a staple in the Berkshire Hathaway portfolio. A look back at the first purchase and how much investors could have made copying him.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at PepsiCo (NASDAQ:PEP) and the best and worst performers in the beverages, alcohol, and tobacco industry.
The company reported fiscal third-quarter adjusted earnings per share (EPS) of $1.10 on net sales of $1.52 billion, exceeding expectations on both parameters.
We knew the markets probably weren’t going to respond well to the tariffs, but the breadth and depth of them provoked a virtual instant selloff in aftermarket trading yesterday.
Shares of parcel and cargo delivery company FedEx (NYSE:FDX)
fell 12.2% in the afternoon session after President Trump announced "reciprocal tariffs" on all US imports, set at a minimum rate of 10%.
Shares of networking technology giant Cisco (NASDAQ:CSCO) fell 6.6% in the afternoon session after President Trump announced "reciprocal tariffs" on all US imports, set at a minimum rate of 10%. Markets reacted negatively to the announcement, reflecting deep concerns among investors about the broader economic implications. The tariffs were likely seen as a significant threat to global trade flows, with the potential to slow economic growth, drive up consumer prices, and spark retaliatory measures.
A number of stocks fell in the pre-market session after President Trump announced "reciprocal tariffs" on all US imports, set at a minimum rate of 10%.
Shares of online used car dealer Carvana (NYSE: CVNA)
fell 19.8% in the morning session after President Trump announced "reciprocal tariffs" on all US imports, set at a minimum rate of 10%.
Shares of department store chain Kohl’s (NYSE:KSS)
fell 25.6% in the morning session after President Trump announced "reciprocal tariffs" on all US imports, set at a minimum rate of 10%.
Shares of fashion brand Ralph Lauren (NYSE:RL)
fell 17.9% in the morning session after President Trump announced "reciprocal tariffs" on all US imports, set at a rate of 10%.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Boston Beer (NYSE:SAM) and the best and worst performers in the beverages, alcohol, and tobacco industry.
Wrapping up Q4 earnings, we look at the numbers and key takeaways for the beverages, alcohol, and tobacco stocks, including Coca-Cola (NYSE:KO) and its peers.
