{"id":39587,"date":"2025-09-02T22:43:08","date_gmt":"2025-09-02T22:43:08","guid":{"rendered":"https:\/\/www.europesays.com\/ie\/39587\/"},"modified":"2025-09-02T22:43:08","modified_gmt":"2025-09-02T22:43:08","slug":"stocks-close-lower-as-tech-sector-slump-continues-gold-surges-to-record-high","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ie\/39587\/","title":{"rendered":"Stocks Close Lower as Tech Sector Slump Continues; Gold Surges to Record High"},"content":{"rendered":"<p><strong>Biggest S&amp;P 500 Movers on Tuesday<\/strong><\/p>\n<p>52 minutes ago<\/p>\n<p id=\"mntl-sc-block_14-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> <strong>Decliners<\/strong>\n<\/p>\n<ul id=\"mntl-sc-block_15-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\">\n<li>Shares of<strong> Kraft Heinz<\/strong> (<a href=\"https:\/\/www.investopedia.com\/markets\/quote?tvwidgetsymbol=khc\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"1\" rel=\"nofollow noopener\" target=\"_blank\">KHC<\/a>) tumbled 7%, falling the furthest of any S&amp;P 500 stock, after the packaged food giant\u00a0<a href=\"https:\/\/www.investopedia.com\/kraft-heinz-to-break-up-a-decade-after-megamerger-11801498\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"2\" rel=\"nofollow noopener\" target=\"_blank\">announced a plan<\/a>\u00a0to separate its North American grocery business from its sauces and spreads unit. The grocery business includes Oscar Mayer, Kraft Singles, and Lunchables, while the larger sauce-focused company will remain the home of Heinz ketchup, Philadelphia cream cheese, and Kraft Mac &amp; Cheese. The announcement of the split-up, which the company expects to close in the second half of 2026, came a decade after the\u00a0<a href=\"https:\/\/www.investopedia.com\/news\/history-behind-kraft-heinz-co\/\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"3\" rel=\"nofollow noopener\" target=\"_blank\">megamerger between Kraft and Heinz<\/a>\u00a0created one of the world&#8217;s largest food companies.<\/li>\n<li>Alcoholic beverage maker <strong>Constellation Brands<\/strong> (<a href=\"https:\/\/www.investopedia.com\/markets\/quote?tvwidgetsymbol=stz\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"4\" rel=\"nofollow noopener\" target=\"_blank\">STZ<\/a>)\u00a0<a href=\"https:\/\/www.investopedia.com\/constellation-brands-stock-drops-as-modelo-maker-cuts-outlook-on-weak-beer-demand-11801573\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"5\" rel=\"nofollow noopener\" target=\"_blank\">cut its adjusted profit guidance<\/a>, citing tariff impacts and slumping beer demand. The maker of the Modelo and Corona beer brands now anticipates a 2% to 4% decline in beer sales in fiscal 2026 as macroeconomic uncertainty weighs on consumer spending. Constellation Brands shares sank 6.6% on Tuesday.<\/li>\n<li>Shares of <strong>Albemarle <\/strong>(<a href=\"https:\/\/www.investopedia.com\/markets\/quote?tvwidgetsymbol=alb\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"6\" rel=\"nofollow noopener\" target=\"_blank\">ALB<\/a>), the world&#8217;s largest lithium miner, lost 6.3%. Baird analysts raised their price target on Albemarle stock ahead of the holiday weekend, highlighting a recovery in lithium prices following capacity cuts by a major producer in China. However, Baird maintained its &#8220;underperform&#8221; rating on Albemarle stock, citing limited visibility into the dynamics of the lithium market and uncertainty surrounding Chinese government policy.<\/li>\n<\/ul>\n<p id=\"mntl-sc-block_16-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> <strong>Decliners<\/strong>\n<\/p>\n<ul id=\"mntl-sc-block_17-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\">\n<li>Shares of beauty products retailer <strong>Ulta Beauty<\/strong> (<a href=\"https:\/\/www.investopedia.com\/markets\/quote?tvwidgetsymbol=ulta\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"1\" rel=\"nofollow noopener\" target=\"_blank\">ULTA<\/a>) jumped 8.1%, notching the S&amp;P 500&#8217;s top daily performance to claw back the heavy losses posted Friday at the end of a volatile week of trading. Ahead of the holiday weekend, Barclays analysts raised their price target on Ulta shares, pointing to the cosmetic company&#8217;s strong second-quarter results as well as positive strategic initiatives under CEO Kecia Steelman, who took the reins at Ulta at the beginning of 2025.<\/li>\n<\/ul>\n<p> An Ulta Beauty store in Manhattan.<\/p>\n<p>Yuki Iwamura \/ Bloomberg \/ Getty Images<\/p>\n<ul id=\"mntl-sc-block_19-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\">\n<li><strong>Biogen<\/strong> (<a href=\"https:\/\/www.investopedia.com\/markets\/quote?tvwidgetsymbol=biib\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"1\" rel=\"nofollow noopener\" target=\"_blank\">BIIB<\/a>) received approval from the Food and Drug Administration for an injectable version of Leqembi, a treatment for Alzheimer&#8217;s disease produced by the biotech company in collaboration with Japanese pharmaceutical firm Esai. Whereas patients previously needed to travel to an infusion center for a time-consuming process twice per month, Leqembi can be taken at home via a weekly under-the-skin injection. Biogen shares jumped 5.6% on Tuesday.<\/li>\n<li>Shares of fashion company<strong> Ralph Lauren <\/strong>(<a href=\"https:\/\/www.investopedia.com\/markets\/quote?tvwidgetsymbol=rl\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"2\" rel=\"nofollow noopener\" target=\"_blank\">RL<\/a>) advanced 4.8% to reach an all-time closing high. The company received a boost last week when a dress made by Ralph Lauren was featured in engagement photos released by the superstar recording artist Taylor Swift.<\/li>\n<\/ul>\n<p id=\"mntl-sc-block_20-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> &#8211;<a href=\"https:\/\/www.investopedia.com\/contributors\/58207\/\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"1\" rel=\"nofollow noopener\" target=\"_blank\">Michael Bromberg<\/a>\n<\/p>\n<p><strong>History Says &#8216;Sell in September,&#8217; Wall Street Says &#8216;Keep Buying&#8217;<\/strong><\/p>\n<p>1 hr 11 min ago<\/p>\n<p id=\"mntl-sc-block_21-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> September is historically the worst month of the year for stocks, with the S&amp;P 500\u2014and its precursor indexes before 1957\u2014falling more than 1% on average since 1928.\n<\/p>\n<p id=\"mntl-sc-block_22-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> This September, investors are contending with trade uncertainty, elevated inflation, a weakening job market, and President Trump&#8217;s threats to central bank independence.\n<\/p>\n<p id=\"mntl-sc-block_23-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> Still, experts point to strong earnings growth, impending interest rate cuts, and healthy AI demand as reasons to be bullish in the long term.\n<\/p>\n<p id=\"mntl-sc-block_24-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> Read the <a href=\"https:\/\/www.investopedia.com\/history-says-sell-in-september-wall-street-is-saying-keep-buying-11802023\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"1\" rel=\"nofollow noopener\" target=\"_blank\">full article here<\/a>.\n<\/p>\n<p id=\"mntl-sc-block_25-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> &#8211;<a href=\"https:\/\/www.investopedia.com\/colin-laidley-5218536\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"1\" rel=\"nofollow noopener\" target=\"_blank\">Colin Laidley<\/a>\n<\/p>\n<p><strong>Musk Sees 80% of Tesla Revenue Coming From Robots<\/strong><\/p>\n<p>1 hr 36 min ago<\/p>\n<p id=\"mntl-sc-block_26-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> Tesla (<a href=\"https:\/\/www.investopedia.com\/markets\/quote?tvwidgetsymbol=TSLA\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"1\" rel=\"nofollow noopener\" target=\"_blank\">TSLA<\/a>) CEO Elon Musk has\u00a0<a href=\"https:\/\/www.investopedia.com\/tesla-unveils-its-highly-anticipated-robotaxi-what-you-need-to-know-8726872\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"2\" rel=\"nofollow noopener\" target=\"_blank\">long touted humanoid robots<\/a>\u00a0as key to the electric vehicle maker&#8217;s future. Now he&#8217;s putting a number on its value.\u00a0\n<\/p>\n<p id=\"mntl-sc-block_27-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> In a post on his X social media platform Monday, Musk said &#8220;~80% of Tesla&#8217;s value will be Optimus&#8221; humanoid robots.\u00a0He didn&#8217;t state when he expects that to happen in the post, made soon after the company published its latest &#8220;Master Plan,&#8221; which featured Optimus for the first time.\n<\/p>\n<p id=\"mntl-sc-block_28-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> Optimus &#8220;is changing not only the perception of labor itself but its availability and capability,&#8221; Tesla said in its &#8220;Master Plan Part IV,&#8221; though the robots have yet to be sold to customers.\n<\/p>\n<p id=\"mntl-sc-block_29-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> Musk has previously suggested the robots, which are expected to cost between $20,000 and $30,000,\u00a0<a href=\"https:\/\/www.investopedia.com\/four-key-takeaways-from-teslas-latest-earnings-and-elon-musks-conference-call-8782937\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"1\" rel=\"nofollow noopener\" target=\"_blank\">could be sold to other companies as soon as next year<\/a>, with sales to consumers set to follow after that.\n<\/p>\n<p id=\"mntl-sc-block_30-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> The robots are already performing some &#8220;simple factory tasks&#8221; for Tesla, according to the CEO, who has\u00a0<a href=\"https:\/\/www.investopedia.com\/what-elon-musk-said-about-tesla-timelines-for-robots-autonomous-rides-and-more-11720435\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"1\" rel=\"nofollow noopener\" target=\"_blank\">said he expects &#8220;thousands&#8221; of Optimus<\/a>\u00a0robots working in Tesla factories by the end of 2025, and that the company could produce 1 million robots a year by 2030. During the company&#8217;s second-quarter earnings call in July, Musk said &#8220;it&#8217;ll probably be prototypes of Optimus 3 end of this year and then scale production next year,&#8221; according to a transcript provided by AlphaSense.\n<\/p>\n<p id=\"mntl-sc-block_31-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> Meanwhile, Tesla&#8217;s core EV business continues to struggle. Its second-quarter revenue\u00a0<a href=\"https:\/\/www.investopedia.com\/tesla-earnings-q2-fy2025-11776931\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"1\" rel=\"nofollow noopener\" target=\"_blank\">dropped 12% year-over-year<\/a>\u00a0to $22.5 billion, worse than expected, and Musk warned the company could have a &#8220;few rough quarters&#8221; ahead, with the\u00a0<a href=\"https:\/\/www.investopedia.com\/thinking-of-buying-an-electric-car-act-fast-as-trump-administration-ends-tax-credit-11779433\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"2\" rel=\"nofollow noopener\" target=\"_blank\">expiration of EV tax credits<\/a>\u00a0later this month likely to weigh on demand, after President Trump signed the &#8220;<a href=\"https:\/\/www.investopedia.com\/here-s-what-s-in-trump-s-one-big-beautiful-bill-11769578\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"3\" rel=\"nofollow noopener\" target=\"_blank\">One Big Beautiful Bill<\/a>&#8221; into law in July.\n<\/p>\n<p id=\"mntl-sc-block_32-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> Tesla shares shed more than 1% on Tuesday amid a broader tech sell-off.\n<\/p>\n<p> Tesla shares have lost about 18% of their value so far in 2025, making the stock the biggest decliner among members of the Magnificent 7 group of major technology companies.<\/p>\n<p>TradingView<\/p>\n<p id=\"mntl-sc-block_34-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> &#8211;<a href=\"https:\/\/www.investopedia.com\/nisha-gopalan-8424025\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"1\" rel=\"nofollow noopener\" target=\"_blank\">Nisha Gopalan<\/a>\n<\/p>\n<p><strong>Gold Price Levels to Watch as Precious Metal Hits New Highs<\/strong><\/p>\n<p>2 hr 7 min ago<\/p>\n<p id=\"mntl-sc-block_35-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> The price of gold (<a href=\"https:\/\/www.investopedia.com\/markets\/quote?tvwidgetsymbol=xauusd\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"1\" rel=\"nofollow noopener\" target=\"_blank\">XAUUSD<\/a>) surged to an all-time high Tuesday, gaining ground for the sixth straight session, amid renewed tariff uncertainty and expectations that the Federal Reserve will cut interest rates soon.\n<\/p>\n<p id=\"mntl-sc-block_36-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> Spot gold was up 1.8% at $3,540 an ounce on Tuesday afternoon. The precious metal has gained about 35% since the start of the year, supported by global central bank buying, tensions in the Middle East, and economic uncertainty.\n<\/p>\n<p id=\"mntl-sc-block_37-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> Gold\u2019s price consolidated within a five-month\u00a0<a href=\"https:\/\/www.investopedia.com\/terms\/s\/symmetricaltriangle.asp\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"1\" rel=\"nofollow noopener\" target=\"_blank\">symmetrical triangle<\/a>\u00a0before breaking out from the pattern on Friday, potentially laying the groundwork for a\u00a0<a href=\"https:\/\/www.investopedia.com\/articles\/technical\/03\/091003.asp\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"2\" rel=\"nofollow noopener\" target=\"_blank\">continuation<\/a>\u00a0move higher.\n<\/p>\n<p> Source: TradingView.com.<\/p>\n<p id=\"mntl-sc-block_39-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> While the\u00a0<a href=\"https:\/\/www.investopedia.com\/terms\/r\/rsi.asp\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"1\" rel=\"nofollow noopener\" target=\"_blank\">relative strength index<\/a>\u00a0moves toward overbought levels to signal strong price momentum, the indicator remains below 75, a reading that has coincided with minor retracements in the commodity after strong\u00a0<a href=\"https:\/\/www.investopedia.com\/terms\/t\/trending-market.asp\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"2\" rel=\"nofollow noopener\" target=\"_blank\">trending<\/a>\u00a0periods.\n<\/p>\n<p id=\"mntl-sc-block_40-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> Importantly, increasing\u00a0<a href=\"https:\/\/www.investopedia.com\/ask\/answers\/041015\/why-trading-volume-important-investors.asp\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"1\" rel=\"nofollow noopener\" target=\"_blank\">trading volume<\/a>\u00a0has accompanied recent buying in the precious metal, indicating heightened investor interest.\n<\/p>\n<p id=\"mntl-sc-block_41-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> The measured move technique projects a bullish price target of $3,930 per ounce. Investors should also watch key support levels on gold&#8217;s chart around $3,430 and $3,150.\n<\/p>\n<p id=\"mntl-sc-block_42-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> Read the <a href=\"https:\/\/www.investopedia.com\/gold-hits-new-record-high-key-price-levels-investors-need-to-monitor-11801484\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"1\" rel=\"nofollow noopener\" target=\"_blank\">full technical analysis piece here<\/a>. \u00a0\n<\/p>\n<p id=\"mntl-sc-block_43-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> &#8211;<a href=\"https:\/\/www.investopedia.com\/contributors\/54411\/\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"1\" rel=\"nofollow noopener\" target=\"_blank\">Timothy Smith<\/a>\n<\/p>\n<p><strong>UBS Sees Chip Stock Slump as Buying Opportunity<\/strong><\/p>\n<p>3 hr 31 min ago<\/p>\n<p id=\"mntl-sc-block_44-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> Semiconductor stocks are taking a bite out of U.S. indexes to start September, but for some bulls on Wall Street, that could mean it&#8217;s time to buy.\n<\/p>\n<p id=\"mntl-sc-block_45-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> &#8220;We recommend that investors who are underallocated to equities consider phasing in and using market dips to add exposure to preferred areas,&#8221; UBS analysts said Tuesday, with tech and AI plays among their favorites, while chip stocks dragged on the sector to start the week.\n<\/p>\n<p id=\"mntl-sc-block_46-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> \u00a0Nvidia (<a href=\"https:\/\/www.investopedia.com\/markets\/quote?tvwidgetsymbol=NVDA\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"1\" rel=\"nofollow noopener\" target=\"_blank\">NVDA<\/a>) was one of the worst-performing stocks on the\u00a0<a href=\"https:\/\/www.investopedia.com\/terms\/d\/djia.asp\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"2\" rel=\"nofollow noopener\" target=\"_blank\">Dow Jones Industrial Average<\/a>\u00a0Tuesday afternoon, with shares down nearly 3%. Broadcom (<a href=\"https:\/\/www.investopedia.com\/markets\/quote?tvwidgetsymbol=AVGO\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"3\" rel=\"nofollow noopener\" target=\"_blank\">AVGO<\/a>), Advanced Micro Devices (<a href=\"https:\/\/www.investopedia.com\/markets\/quote?tvwidgetsymbol=AMD\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"4\" rel=\"nofollow noopener\" target=\"_blank\">AMD<\/a>), and other chip stocks were also lower, with the PHLX Semiconductor Index (<a href=\"https:\/\/www.investopedia.com\/markets\/quote?tvwidgetsymbol=sox\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"5\" rel=\"nofollow noopener\" target=\"_blank\">SOX<\/a>) down nearly 2%.\u00a0\n<\/p>\n<p id=\"mntl-sc-block_47-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> Some investors could be worried about September&#8217;s reputation as a tough month for stocks\u2014but that shouldn&#8217;t discourage them, according to UBS analysts.\u00a0That&#8217;s because October and November tend to be strong months for U.S. stocks, they said, with average S&amp;P 500 returns over the past decade of 1.2% and 4%, respectively.\u00a0Buying in September could help investors position themselves for better performance in the months that follow.\n<\/p>\n<p id=\"mntl-sc-block_48-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> UBS also pointed to strong earnings in the second quarter, a robust outlook for AI demand, and\u00a0<a href=\"https:\/\/www.investopedia.com\/pce-inflation-july-11800323\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"1\" rel=\"nofollow noopener\" target=\"_blank\">expectations of a rate cut<\/a>\u00a0later this month as reasons supporting their optimism in the tech sector.\n<\/p>\n<p id=\"mntl-sc-block_49-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> &#8220;Alongside AI, power and resources, and longevity, we favor US technology, health care, utilities, and financials,&#8221; the analysts said.\n<\/p>\n<p id=\"mntl-sc-block_50-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> &#8211;<a href=\"https:\/\/www.investopedia.com\/kara-greenberg-5188135\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"1\" rel=\"nofollow noopener\" target=\"_blank\">Kara Greenberg<\/a>\n<\/p>\n<p><strong>Klarna Revives U.S. IPO With Plan to Raise $1.27B<\/strong><\/p>\n<p>4 hr 56 min ago<\/p>\n<p id=\"mntl-sc-block_51-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> Fintech firm Klarna and its backers are raising as much as $1.27 billion from an\u00a0<a href=\"https:\/\/www.investopedia.com\/terms\/i\/ipo.asp\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"1\" rel=\"nofollow noopener\" target=\"_blank\">initial public offering<\/a>, as the\u00a0<a href=\"https:\/\/www.investopedia.com\/buy-now-pay-later-5182291\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"2\" rel=\"nofollow noopener\" target=\"_blank\">buy now, pay later (BNPL)<\/a>\u00a0company makes a renewed attempt to go public in New York.\n<\/p>\n<p id=\"mntl-sc-block_52-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> Klarna\u00a0<a href=\"https:\/\/www.investopedia.com\/klarna-pauses-ipo-report-says-a-blow-to-the-2025-market-for-deals-11709304\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"1\" rel=\"nofollow noopener\" target=\"_blank\">paused its planned IPO days\u00a0<\/a>after President Donald Trump&#8217;s sweeping\u00a0 <a href=\"https:\/\/www.investopedia.com\/liberation-day-tariffs-go-into-effect-11711517\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"2\" rel=\"nofollow noopener\" target=\"_blank\">\u201cLiberation Day\u201d tariffs<\/a>\u00a0announcement disrupted markets in early April. It had the previous month\u00a0<a href=\"https:\/\/www.investopedia.com\/buy-now-pay-later-firm-klarna-files-us-ipo-prospectus-11698037\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"3\" rel=\"nofollow noopener\" target=\"_blank\">filed a registration statement<\/a>\u00a0with the\u00a0<a href=\"https:\/\/www.investopedia.com\/terms\/s\/sec.asp\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"4\" rel=\"nofollow noopener\" target=\"_blank\">Securities and Exchange Commission<\/a>, applying to list on the\u00a0<a href=\"https:\/\/www.investopedia.com\/terms\/n\/nyse.asp\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"5\" rel=\"nofollow noopener\" target=\"_blank\">New York Stock Exchange\u00a0<\/a>using the symbol &#8220;KLAR.&#8221;\u00a0\n<\/p>\n<p id=\"mntl-sc-block_53-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> The Swedish fintech said on Tuesday it was aiming to price the sale of a total of 34.3 million shares at between $35 and $37 each.\u00a0\u00a0\n<\/p>\n<p id=\"mntl-sc-block_54-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> The IPO is coming to a market that has been booming, with shares of design software platform\u00a0Figma (<a href=\"https:\/\/www.investopedia.com\/markets\/quote?tvwidgetsymbol=FIG\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"1\" rel=\"nofollow noopener\" target=\"_blank\">FIG<\/a>)\u00a0<a href=\"https:\/\/www.investopedia.com\/figma-stock-more-than-triples-on-its-first-day-of-trading-11782650\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"2\" rel=\"nofollow noopener\" target=\"_blank\">more than tripling on its debut<\/a>\u00a0at the end of July and shares of Peter Thiel-backed crypto exchange Bullish (<a href=\"https:\/\/www.investopedia.com\/markets\/quote?tvwidgetsymbol=NYSE:blsh\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"3\" rel=\"nofollow noopener\" target=\"_blank\">BLSH<\/a>)\u00a0<a href=\"https:\/\/www.investopedia.com\/peter-thiel-backed-crypto-exchange-bullish-nearly-doubles-in-trading-debut-update-11790066\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"4\" rel=\"nofollow noopener\" target=\"_blank\">soaring on their debu<\/a>t last month.\u00a0U.S. IPO volumes so far this year have reached $41.58 billion, according to Dealogic data, the highest since the same period in 2021, when it hit a record $229.51 billion.\n<\/p>\n<p id=\"mntl-sc-block_55-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> Still, Klarna&#8217;s valuations have dropped in recent years. Klarna\u00a0<a href=\"https:\/\/www.investopedia.com\/klarna-is-moving-toward-big-ipo-what-you-need-to-know-8748846\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"1\" rel=\"nofollow noopener\" target=\"_blank\">said it was valued<\/a>\u00a0at $6.7 billion in July 2022, down sharply from $45.6 billion barely a year earlier, and is now worth between $12.5 billion and $14 billion, according to the\u00a0Financial Times.\u00a0Klarna&#8217;s major BNPL competitors include Affirm (<a href=\"https:\/\/www.investopedia.com\/markets\/quote?tvwidgetsymbol=AFRM\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"2\" rel=\"nofollow noopener\" target=\"_blank\">AFRM<\/a>), Block&#8217;s (<a href=\"https:\/\/www.investopedia.com\/markets\/quote?tvwidgetsymbol=XYZ\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"3\" rel=\"nofollow noopener\" target=\"_blank\">XYZ<\/a>) Afterpay, and PayPal (<a href=\"https:\/\/www.investopedia.com\/markets\/quote?tvwidgetsymbol=PYPL\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"4\" rel=\"nofollow noopener\" target=\"_blank\">PYPL<\/a>).\n<\/p>\n<p id=\"mntl-sc-block_56-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> &#8211;<a href=\"https:\/\/www.investopedia.com\/nisha-gopalan-8424025\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"1\" rel=\"nofollow noopener\" target=\"_blank\">Nisha Gopalan<\/a>\n<\/p>\n<p><strong>What Nvidia&#8217;s Earnings Could Mean for Other Chipmakers<\/strong><\/p>\n<p>5 hr 47 min ago<\/p>\n<p id=\"mntl-sc-block_57-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> As one of the primary beneficiaries of the AI boom, chipmaker Nvidia&#8217;s (<a href=\"https:\/\/www.investopedia.com\/markets\/quote?tvwidgetsymbol=NVDA\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"1\" rel=\"nofollow noopener\" target=\"_blank\">NVDA<\/a>) stock has become a\u00a0<a href=\"https:\/\/www.investopedia.com\/terms\/b\/bellwether.asp\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"2\" rel=\"nofollow noopener\" target=\"_blank\">bellwether<\/a>\u00a0for industry, with its quarterly results last week offering some clues about what to expect from Broadcom (<a href=\"https:\/\/www.investopedia.com\/markets\/quote?tvwidgetsymbol=AVGO\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"3\" rel=\"nofollow noopener\" target=\"_blank\">AVGO<\/a>) later this week, and other chipmakers.\u00a0\n<\/p>\n<p id=\"mntl-sc-block_58-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> Nvidia&#8217;s\u00a0<a href=\"https:\/\/www.investopedia.com\/nvidia-earnings-q2-fy2026-11798581\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"1\" rel=\"nofollow noopener\" target=\"_blank\">earnings<\/a> came in just ahead of <a href=\"https:\/\/www.investopedia.com\/wall-street-largely-cheers-nvidias-outlook-even-as-china-remains-an-overhang-11799339\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"2\" rel=\"nofollow noopener\" target=\"_blank\">Wall Street&#8217;s estimates<\/a> last week, disappointing the lofty expectations of many investors. Analysts remain confident in demand for its AI hardware, though worries about China sales and geopolitical issues have weighed on the stock.\n<\/p>\n<p id=\"mntl-sc-block_59-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> Shares of Nvidia were down more than 3% in recent trading, and Broadcom shares slipped 0.5%, as chip stocks\u00a0<a href=\"https:\/\/www.investopedia.com\/nvidia-broadcom-lead-chip-stocks-lower-amid-china-concerns-to-end-a-strong-month-11800731\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"1\" rel=\"nofollow noopener\" target=\"_blank\">extended last week&#8217;s declines<\/a>, weighing on the major indexes.\n<\/p>\n<p id=\"mntl-sc-block_60-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> AI chipmaker Broadcom, which Oppenheimer analysts have called the &#8220;No. 2 AI franchise&#8221; after Nvidia, is set to report its fiscal third-quarter results after the bell on Thursday, and could face some similar challenges related to its large exposure to China\u2014as well as benefit from AI tailwinds.\n<\/p>\n<p id=\"mntl-sc-block_61-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> Like Nvidia, Broadcom derives a significant chunk of its sales from China, with the country accounting for roughly a fifth of Broadcom&#8217;s revenue in its fiscal 2024, though that&#8217;s declined from almost a third in 2023.\n<\/p>\n<p id=\"mntl-sc-block_62-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> Broadcom also claims some of the same Big Tech AI clients Nvidia does, including Meta Platforms (<a href=\"https:\/\/www.investopedia.com\/markets\/quote?tvwidgetsymbol=META\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"1\" rel=\"nofollow noopener\" target=\"_blank\">META<\/a>) and Google parent Alphabet (<a href=\"https:\/\/www.investopedia.com\/markets\/quote?tvwidgetsymbol=GOOGL\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"2\" rel=\"nofollow noopener\" target=\"_blank\">GOOGL<\/a>), with their commitments to hefty AI spending expected to benefit the chipmaker.\u00a0Citi analysts suggested last week Broadcom could also have plans with ChatGPT maker OpenAI, Elon Musk&#8217;s xAI, and Apple\u00a0(<a href=\"https:\/\/www.investopedia.com\/markets\/quote?tvwidgetsymbol=AAPL\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"3\" rel=\"nofollow noopener\" target=\"_blank\">AAPL<\/a>) in its pipeline.\n<\/p>\n<p id=\"mntl-sc-block_63-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> The Citi analysts have a &#8220;buy&#8221; rating and $315 price target for the stock, which finished Friday&#8217;s session around $297. Despite recent losses, it has added more than one-quarter of its value since the start of the year. Oppenheimer expects Broadcom could have even further to climb, with a $325 target, still well below a Street high of $350, according to Visible Alpha.\n<\/p>\n<p id=\"mntl-sc-block_64-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> Heading into the results, Wall Street analysts are overwhelmingly bullish on Broadcom&#8217;s stock, anticipating rising sales and profits. All of the 10 analysts with current ratings compiled by Visible Alpha give it a &#8220;buy&#8221; or equivalent rating.\n<\/p>\n<p id=\"mntl-sc-block_65-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> &#8211;<a href=\"https:\/\/www.investopedia.com\/kara-greenberg-5188135\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"1\" rel=\"nofollow noopener\" target=\"_blank\">Kara Greenberg<\/a>\n<\/p>\n<p><strong>Constellation Brands Stock Drops on Weak Beer Demand<\/strong><\/p>\n<p>6 hr 29 min ago<\/p>\n<p id=\"mntl-sc-block_66-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> Constellation Brands (<a href=\"https:\/\/www.investopedia.com\/markets\/quote?tvwidgetsymbol=STZ\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"1\" rel=\"nofollow noopener\" target=\"_blank\">STZ<\/a>) shares fell Tuesday after the alcoholic beverage giant cut its outlook on falling demand for beer and the impact of tariffs.\n<\/p>\n<p id=\"mntl-sc-block_67-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> The maker of Modelo Especial and Corona said it now sees fiscal 2026 comparable, or adjusted, earnings per share of $11.30 to $11.60, versus the earlier guidance of $12.60 to $12.90.\n<\/p>\n<p>Michael M. Santiago \/ Getty Images<\/p>\n<p id=\"mntl-sc-block_69-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> The company expects beer sales to fall 2% to 4%, and beer\u00a0<a href=\"https:\/\/www.investopedia.com\/terms\/o\/operatingincome.asp\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"1\" rel=\"nofollow noopener\" target=\"_blank\">operating income<\/a>\u00a0to sink 7% to 9%. Its prior estimate for sales was flat to 3% growth, and operating income of flat to 2% higher. Constellation blames the change in sales on &#8220;incremental macroeconomic headwinds affecting consumer demand,&#8221; and operating income on &#8220;lower volumes, operating deleveraging, and additional tariffs.&#8221;\n<\/p>\n<p id=\"mntl-sc-block_70-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> CEO Bill Newlands said the company has been navigating a &#8220;challenging macroeconomic environment that has dampened consumer demand and led to more volatile consumer purchasing behavior since our first quarter.&#8221;\u00a0Newlands noted that &#8220;over the last several months, high-end beer buy rates decelerated sequentially, as both trip frequency and spend per trip declined,&#8221; especially among Hispanic consumers.\u00a0\n<\/p>\n<p id=\"mntl-sc-block_71-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> CFO Garth Hankinson added that in the current quarter, Constellation Brands anticipates &#8220;inventory rebalancing at the distributor level to reflect softer consumer trends, and to occur earlier than is typical for our Beer Business.&#8221;\n<\/p>\n<p id=\"mntl-sc-block_72-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> Shares of Constellation Brands were down 7% recently, trading at their lowest level since the COVID-19 pandemic hit in 2020.\u00a0\n<\/p>\n<p id=\"mntl-sc-block_73-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> U.S.-listed shares of Budweiser parent Anheuser-Busch InBev (<a href=\"https:\/\/www.investopedia.com\/markets\/quote?tvwidgetsymbol=BUD\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"1\" rel=\"nofollow noopener\" target=\"_blank\">BUD<\/a>) and shares of Sam Adams maker The Boston Beer Company (<a href=\"https:\/\/www.investopedia.com\/markets\/quote?tvwidgetsymbol=SAM\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"2\" rel=\"nofollow noopener\" target=\"_blank\">SAM<\/a>) were each down about 2%.\n<\/p>\n<p id=\"mntl-sc-block_74-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> &#8211;<a href=\"https:\/\/www.investopedia.com\/bill-mccoll-5186338\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"1\" rel=\"nofollow noopener\" target=\"_blank\">Bill McColl<\/a>\n<\/p>\n<p><strong>Kraft Heinz to Break Up a Decade After Merger<\/strong><\/p>\n<p>7 hr 51 min ago<\/p>\n<p id=\"mntl-sc-block_75-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> Kraft Heinz (<a href=\"https:\/\/www.investopedia.com\/markets\/quote?tvwidgetsymbol=KHC\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"1\" rel=\"nofollow noopener\" target=\"_blank\">KHC<\/a>) is planning to break up into two companies, undoing a merger that is just\u00a0<a href=\"https:\/\/www.investopedia.com\/news\/history-behind-kraft-heinz-co\/\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"2\" rel=\"nofollow noopener\" target=\"_blank\">a decade old<\/a>\u00a0by splitting its North American\u00a0grocery business from its sauces and spreads operation, which includes Philadelphia cream cheese.\n<\/p>\n<p id=\"mntl-sc-block_76-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> The grocery business, dubbed \u201cNorth American Grocery Co.\u201d for now, includes Oscar Mayer, Kraft Singles, and Lunchables and would be led by current company CEO Carlos Abrams-Rivera. It had around $10.4 billion in 2024 net sales.\u00a0\n<\/p>\n<p id=\"mntl-sc-block_77-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> The\u00a0bigger \u201cGlobal Taste Elevation Co.\u201d will house Heinz, Philadelphia, and Kraft\u00a0Mac &amp; Cheese.\u00a0It chalked up $15.4 billion in 2024 net sales, approximately 75% of which came from spreads, seasonings, and sauces.\n<\/p>\n<p id=\"mntl-sc-block_78-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> \u201cKraft Heinz\u2019s brands are iconic and beloved, but the complexity of our current structure makes it challenging to allocate capital effectively, prioritize initiatives and drive scale in our most promising areas,\u201d Kraft Heinz Executive Chair Miguel Patricio said. \u201cBy separating into two companies, we can allocate the right level of attention and resources to unlock the potential of each brand to drive better performance and the creation of long-term shareholder value.\u201d\n<\/p>\n<p id=\"mntl-sc-block_79-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> The companies&#8217;\u00a0<a href=\"https:\/\/www.investopedia.com\/terms\/m\/megamerger.asp\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"1\" rel=\"nofollow noopener\" target=\"_blank\">megamerger<\/a>\u00a0in 2015 created one of the world&#8217;s leading food makers, known for brands like Philadelphia cream cheese, Cool Whip, Maxwell House coffee, and Stove Top stuffing. It said it expects the split to close in the second half of 2026.\u00a0\n<\/p>\n<p id=\"mntl-sc-block_80-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> The company\u00a0<a href=\"https:\/\/www.investopedia.com\/kraft-heinz-considers-potential-transactions-to-lift-shareholder-value-11739039\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"1\" rel=\"nofollow noopener\" target=\"_blank\">said in May<\/a>\u00a0that it has been exploring potential transactions to unlock shareholder value and in July,\u00a0The Wall Street Journal\u00a0<a href=\"https:\/\/www.investopedia.com\/kraft-heinz-stock-rises-after-report-of-a-possible-break-up-11770665\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"2\" rel=\"nofollow noopener\" target=\"_blank\">reported<\/a>\u00a0the company was planning a breakup.\n<\/p>\n<p id=\"mntl-sc-block_81-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> Kraft Heinz shares were down about 5% in recent trading. The stock has lost nearly 14% since the start of 2025.\n<\/p>\n<p> Kraft Heinz shares have lost nearly three quarters of their value since hitting an all-time high in 2017.<\/p>\n<p>TradingView<\/p>\n<p id=\"mntl-sc-block_83-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> &#8211;<a href=\"https:\/\/www.investopedia.com\/nisha-gopalan-8424025\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"1\" rel=\"nofollow noopener\" target=\"_blank\">Nisha Gopalan<\/a>\n<\/p>\n<p><strong>PepsiCo Stock Rises as Elliott Takes Stake<\/strong><\/p>\n<p>8 hr 37 min ago<\/p>\n<p id=\"mntl-sc-block_84-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> Shares of PepsiCo (<a href=\"https:\/\/www.investopedia.com\/markets\/quote?tvwidgetsymbol=PEP\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"1\" rel=\"nofollow noopener\" target=\"_blank\">PEP<\/a>) surged early Tuesday as\u00a0<a href=\"https:\/\/www.investopedia.com\/terms\/a\/activist-investor.asp\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"2\" rel=\"nofollow noopener\" target=\"_blank\">activist investor<\/a>\u00a0Elliott Investment Management announced it has taken a large stake in the soft drink and snack giant, and is pushing for changes to lift the stock price.\n<\/p>\n<p id=\"mntl-sc-block_85-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> Elliott said that it has acquired a $4 billion stake in Pepsi, and sent a presentation and letter to the board that set out a &#8220;unique opportunity to re-accelerate growth and boost financial performance through greater focus, improved operations, strategic reinvestment and enhanced accountability.&#8221;\n<\/p>\n<p id=\"mntl-sc-block_86-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> The investor argued that the company&#8217;s recent performance &#8220;has been marked by a series of strategic and operational challenges,&#8221; adding that those have led to &#8220;poor financial results, sharp stock-price underperformance and a highly dislocated valuation.&#8221;\n<\/p>\n<p id=\"mntl-sc-block_87-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> Elliott said its proposals could boost the share price by &#8220;more than 50%,&#8221; and it wants to collaborate with management to &#8220;return PepsiCo to its rightful place as a market-leading consumer packaged goods (CPG) powerhouse with superior results and impact.&#8221;\n<\/p>\n<p id=\"mntl-sc-block_88-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> With this morning&#8217;s gain, PepsiCo shares have inched back into positive territory for 2025.\n<\/p>\n<p id=\"mntl-sc-block_89-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> &#8211;<a href=\"https:\/\/www.investopedia.com\/bill-mccoll-5186338\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"1\" rel=\"nofollow noopener\" target=\"_blank\">Bill McColl<\/a>\n<\/p>\n<p><strong>Major Index Futures Point to Sharply Lower Open<\/strong><\/p>\n<p>9 hr 50 min ago<\/p>\n<p id=\"mntl-sc-block_90-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> Futures tied to the Dow Jones Industrial Average were down 0.8%.\n<\/p>\n<p>TradingView<\/p>\n<p id=\"mntl-sc-block_92-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> S&amp;P 500 futures fell 1%.\n<\/p>\n<p>TradingView<\/p>\n<p id=\"mntl-sc-block_94-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> Nasdaq 100 futures dropped 1.3%.\n<\/p>\n<p>TradingView<\/p>\n","protected":false},"excerpt":{"rendered":"Biggest S&amp;P 500 Movers on Tuesday 52 minutes ago Decliners Shares of Kraft Heinz (KHC) tumbled 7%, falling&hellip;\n","protected":false},"author":2,"featured_media":39588,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[175],"tags":[79,18,19,17,188],"class_list":{"0":"post-39587","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-markets","8":"tag-business","9":"tag-eire","10":"tag-ie","11":"tag-ireland","12":"tag-markets"},"share_on_mastodon":{"url":"","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/39587","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/comments?post=39587"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/39587\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media\/39588"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media?parent=39587"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/categories?post=39587"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/tags?post=39587"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}