Stocks
Pepsi just got fried by KFC
Explaining the soda wars.
Judy Dutton is a book author and editor who's contributed to The Wall Street Journal, Wired, Atlantic, and other outlets. She lives in Brooklyn, NY.
Explaining the soda wars.
And might throw new rate hikes into the mix.
The chances of a rate hike are falling way down.
With slowing inflation and strong jobs, things are looking up.
The company's earnings look strong, even as consumers fret.
Shares are still down over 94% since the pandemic.
High mortgage rates, low housing starts, and more contribute.
While name brands lose market share.
But consumers are cooling.
And it's easy to see why.