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Pepsi kills the bottle that was supposed to beat Mexican Coke
TheStreet9d agoneutral
Pepsi kills the bottle that was supposed to beat Mexican Coke

Coca-Cola's glass bottle has become one of the most recognizable pieces of packaging in history. PepsiCo has spent decades trying to create a similar connection with consumers. "Every consumer goods company wants to find a unique way to present itself to the public, and this, for us, has been the ...

MarketAxess (MKTX) Rockets on Merger Deal at 33% Premium
Insider Monkey9d agoneutral
MarketAxess (MKTX) Rockets on Merger Deal at 33% Premium

MarketAxess Holdings (NASDAQ:MKTX) soared by 29.45 percent on Thursday to end at $162.76 apiece after agreeing to be acquired by Intercontinental Exchange for $6 billion, at a 33 percent premium over its closing price prior to the report. In a statement on the same day, MarketAxess Holdings (NASDAQ:MKTX) said that it entered into a definitive […]

Bloomberg9d agoneutral
Wild Tech Stock Swings Spur Retail Traders to Cut Margin Loans

(Bloomberg) -- Retail investors have cut their margin loans in South Korea, Taiwan and mainland China, underscoring how a collapse in technology stocks in recent weeks has forced them to close out positions.Most Read from BloombergChip Stocks Post Biggest Advance Since April 2025: Markets WrapUS Strikes Iran Again as Conflict Spreads Across Middle EastBond Yields at 19-Year High Send Warsh Credibility WarningWarner Bros. Deal Collapse Would Cost the Ellisons $9.8 BillionMicrosoft’s $450 Billion

Why Chipotle (CMG) Stock Is Trading Up Today
StockStory9d agoneutral
Why Chipotle (CMG) Stock Is Trading Up Today

Shares of mexican fast-food chain Chipotle (NYSE:CMG) jumped 12.7% in the afternoon session after the company reported second-quarter results that beat Wall Street's profit expectations. The fast-casual chain posted adjusted earnings of $0.33 per share, narrowly beating the consensus estimate of $0.32. Revenue grew 9.3% year on year to $3.35 billion, which was in line with analyst forecasts. A key highlight for investors was the 2.2% increase in same-store sales, an acceleration from the company

Bloomberg9d agoneutral
Amazon, Microsoft Results Show AI Spending Spree Remains Solid

(Bloomberg) -- Aggressive AI spending plans by Amazon.com Inc., Microsoft Corp. and Alphabet Inc. provided fresh evidence that demand for chips and related equipment will remain strong, offering relief to a sector that’s been battered in recent days. Most Read from BloombergChip Stocks Post Biggest Advance Since April 2025: Markets WrapUS Strikes Iran Again as Conflict Spreads Across Middle EastBond Yields at 19-Year High Send Warsh Credibility WarningWarner Bros. Deal Collapse Would Cost the El

The AI secret behind Qualcomm's price hike
TheStreet10d agoneutral
The AI secret behind Qualcomm's price hike

Anyone who has shopped for a new phone, laptop, or VR headset this summer probably noticed something odd. The usual discount that comes with an aging model never showed up. Prices held steady, and in some cases climbed. Apple just did it, and the trend is spreading everywhere. That is backward. A ...