Pepsi Says Revenue Jumped 8.8%, Sees 2021 Results Meeting Long-term Targets

Pepsi is anticipating mid-single-digit growth in organic revenue for 2021 and high-single-digit growth in core earnings per share.


Starbucks Tops Earnings Estimates Even As U.s. Recovery Hurt By Covid Resurgence

Shares of Starbucks have risen 13% over the last year, giving the company a market value of $123 billion.


Beyond Meat Shares Soar 26% As Company Teams Up With Pepsico To Make Plant-based Snacks And Drinks

Beyond Meat and PepsiCo announced Tuesday that they've formed a joint venture to create, produce and market snacks and drinks with plant-based substitutes.


Budweiser Will Sit Out Super Bowl, Funneling Marketing Dollars To Boost Vaccine Awareness

Budweiser will not be running a commercial during the Super Bowl for the first time in 37 years.


Coca-cola And Pepsi Won’t Be Advertising Their Namesake Sodas During The Super Bowl

Coca-Cola and PepsiCo will not be advertising their namesake sodas with Super Bowl commercials this year.


Starbucks Pledges $100 Million To Help Small Businesses And Black Communities

Starbucks will invest $100 million over the next four years in community development projects and small businesses in areas populated by people of color.

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Pepsi Taps Super Bowl Halftime Show Star The Weeknd In New Ad Teasing The Big Event

PepsiCo's beverage brand is replacing its traditional Super Bowl ad slot with a new campaign to leading up to its halftime show featuring The Weeknd.


Dwayne ‘the Rock’ Johnson On Starting A Tequila Business: ‘i Am Learning On-the-go’

The actor and former wrestling star told CNBC's "Squawk on the Street" that he's wanted to start a tequila brand for 10 years.


Starbucks Earnings Top Estimates As Sales Rebound Quicker Than Expected In U.s., China

Starbucks' global same-store sales fell 9% in its fiscal fourth quarter.


One Coffee Stock Could Be About To Gain Major Momentum, Trader Says

Starbucks is getting a caffeine boost after analysts at Oppenheimer named the stock as an “actionable buy idea” and raised their price target to $101.

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