As global consumer appetites change, PepsiCo and others are failing
A sell off in big tech names dragged down the US market overnight after news of inflated revenue figures from OpenAI sent a shockwave through investor confidence. At the other end of the market PepsiCo slashed its forward guidance as it struggles to lift sales in the changing global consumer market – and its a big, broadening challenge to many consumer brands.
Today's watchlist: Endeavour Group, MAAS Group, Delta Airlines
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