The US giant has announced an uptick to both organic revenues and underlying earnings.
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Stock Market Today: The Dow Jones index rose, but tech futures dropped as chip stocks Micron and Sandisk dived. Coca-Cola jumped on earnings.
During the quarter, Coca-Cola was able to tap into health-conscious consumers, who may have leaned into America 250 and FIFA World Cup celebrations.
During the quarter, Coca-Cola was able to tap into health-conscious consumers, who may have leaned into America 250 and FIFA World Cup celebrations.
During the quarter, Coca-Cola was able to tap into health-conscious consumers, who may have leaned into America 250 and FIFA World Cup celebrations.
Beverage company Coca-Cola (NYSE:KO) reported Q2 CY2026 results beating Wall Street’s revenue expectations, with sales up 7% year on year to $13.38 billion. Its non-GAAP profit of $0.97 per share was 4% above analysts’ consensus estimates.
The beverage company now expects comparable earnings per share to grow 9% to 10% in 2026, up from its prior range of 8% to 9%
↘️ Samsung (KR:005930), SK Hynix (KR:000660, SKHY): Shares in both chipmakers dropped more than 13% as part of a broader selloff amid mounting doubts over the AI boom. Over in the U.S., Micron Technology (MU), Intel (INTC) and other chip stocks are also sliding premarket.
July 28 (Reuters) - Nasdaq futures fell on Tuesday, mirroring a cautious mood across global markets toward AI chip stocks on concerns about hefty corporate spending and rising Chinese competition,
Retail sentiment remains ‘bearish’ on SPY and deteriorated to ‘extremely bearish’ on QQQ, amid growing anxiety around technology stocks.
Today Earnings (a.m.): Coca-Cola, UPS, Boeing, Sherwin-Williams, Hilton, Centene, PayPal, S&P Global Earnings (p.m.): Visa, Ford Motor, Mondelez International, Waste Management, PPG Industries, Bloom Energy, Avis Budget, Seagate Technology Economic data: Consumer confidence index, Johnson Redbook retail sales index, U.
Coca-Cola is scheduled to report second-quarter earnings before the market opens on Tuesday, kicking off another closely-watched quarter for the global beverage giant. For the quarter ended in June, Wall Street analysts polled by Factset expect Coca-Cola to report adjusted earnings of 93 cents a share on revenue of $13.2 billion, representing 6.9% and 4.4% growth, respectively, from a year earlier. In the first quarter, Coca-Cola’s adjusted earnings rose 18% from a year ago to 86 cents a share, while revenue climbed 12% to $12.5 billion, both topping expectations.
To boost beverage sales in off-premises orders, restaurants should look for ways to make their drink offerings more visible on digital platforms.
Coca-Cola restarts production of Fairlife brand milk after a ransomware attack forced it to halt operations at several factories.
Wall Street is heading for a pivotal week as Big Tech earnings, the Federal Reserve's rate decision and key inflation data test a market hovering near record highs. The busiest stretch begins on Wednesday, when Microsoft and Meta Platforms report earnings before the focus quickly shifts to...
Coca-Cola stock has delivered a 67.7% return over the past 5 years, yet the valuation checks point in different directions, with the Discounted Cash Flow (DCF) estimate indicating the shares trade below intrinsic value while earnings based multiples lean expensive. A 67.7% gain over 5 years suggests Coca-Cola has already rewarded patient shareholders, which raises the bar for what counts as good value from here. Recent focus on Coca-Cola's digital push and brand strength can support...
The dairy business has resumed the “majority of its production” in the wake of the ransomware incident.
Wall Street stocks are predicted to open sharply higher on Monday as a pause in US and Iranian attacks sent oil prices tumbling ahead of a massive week for markets, including a Federal Reserve meeting and earnings from several tech megacaps. Dow Jones futures were up 568 points, or 1.1%,...
Black Monday wiped out 22% of the market in a single day, and most investors never saw it coming. A small group of companies not only survived that crash and every major meltdown since, but kept sending bigger checks to shareholders each time the panic peaked.