Joe Raedle/Getty Images News PepsiCo (NASDAQ:PEP) traded lower in early action on Thursday after posting a mixed Q2 earnings report. The beverage giant reported organic sales were up 1.9% during the quarter, vs. +3.0% consensus. Total revenue was up 0.8% year-over-year during the quarter to $22.5 billion, vs. $22.5 billionContinue Reading
Asia-Pacific Images Studio Asia-Pacific equity markets mostly advance on Thursday as market participants assessed business activity data in Hong Kong and trade figures in Australia, which both missed expectations; and taking cues from a strong lead on Wall Street. Japan (NKY:IND) +0.89%. The Nikkei 225 Index rose 0.3% to aroundContinue Reading
chachamal Asia-Pacific equity markets mostly rose on Wednesday, tracking gains on Wall Street overnight, as major US technology stocks pushed the S&P 500 and Nasdaq Composite to new record closes. Japan (NKY:IND) +1.26%. Japan’s PMI was revised lower to 49.4 in June from preliminary data. China (SHCOMP) -0.49%. A privateContinue Reading
BackyardProduction/iStock Editorial via Getty Images Exchange-traded fund investing directly in ether (ETH-USD), once cleared for trading, will likely attract slower demand than spot bitcoin (BTC-USD) ETFs, Bernstein said in a note early this week. “ETH should not see as much spot ETH conversion due to the lack of an ETHContinue Reading
