Various financial institutions have increased or decreased their stakes in
PepsiCo, with a notable increase in holding by Caisse DE Depot ET Placement DU Quebec, and a decrease by Corebridge Financial Inc. PepsiCo has reported progress on its
pep+ Sustainability and Nutrition Goals for 2024, underlining its commitment to sustainable practices. Notably, the company has increased its stake in energy drink maker
Celsius in a
$585 million deal, expanding its presence in the rapidly growing energy drinks sector. This marks a significant strategic partnership, paving the way for PepsiCo to dominate the $23 billion energy drink market. Despite mixed signals on shares as technical weakness hampers bullish momentum, PEP shares continue to gain favor among investors. The company's
revenue remains steady, but signs of
slowing volume sales suggest that growth may be stalling. Amidst this, PepsiCo has announced a new
limited-edition fashion collection, showcasing
creativity within the company.
Pepsico PEP News Analytics from Mon, 09 Jun 2025 07:00:00 GMT to Sun, 31 Aug 2025 00:00:49 GMT -
Rating 3
- Innovation 4
- Information 5
- Rumor 0