Tech's 6.8% October Slump Sends Smart Money Into Staples and Quality
Tech fell 6.8% in October, its worst month since March 2025, while a consumer staples ETF logged its biggest monthly gain since 1998 as investors fled the AI trade.
Topic
Consumer Staples
Topic
Consumer Staples
Coca-Cola Raises Full-Year Outlook for Third Straight Quarter
Coca-Cola raised its full-year outlook for a third straight quarter, now expecting at least 11% EPS growth, after beating estimat…
P&G Beats on Earnings as Tide and Febreze Lift Sales 4% to $23.3 Billion
P&G posted adjusted EPS of $2.00 versus $1.88 expected as sales rose 4% to $23.3 billion, lifted by Tide and Febreze, and raised…
PepsiCo Beats Estimates but Cuts Full-Year Earnings Outlook
PepsiCo beat estimates with $2.34 adjusted EPS on $25.27 billion in revenue, but cut its full-year earnings growth forecast to 2.…
PepsiCo to raise prices on sodas, chips and dips
PepsiCo plans to raise prices on sodas, chips and dips. TD Cowen analysts flag the company's "shifting narrative on affordability…
Philip Morris Raises Dividend 8.8% as Smoke-Free Sales Fuel Growth
Philip Morris lifted its quarterly dividend 8.8% to $1.60 per share, its 19th straight annual raise, as smoke-free revenue hits 4…
UBS Keeps Sell on General Mills Ahead of Q1 Results
UBS reiterated a Sell on General Mills ahead of Wednesday's Q1 report, cutting its fiscal 2027 EPS estimate to $3.01 as inflation…