Nike shares pop 7% after CEO change; analysts say ‘time is right’. The sports apparel giant’s stock soared following the announcement of a new CEO, a move that analysts believe is a timely and necessary step for the company. The market reacted positively to the news, with investors seemingly optimistic …
Read More »PepsiCo Cut at Morgan Stanley: Fundamental Struggles Continue
PepsiCo cut at Morgan Stanley as ‘fundamental struggles continue’ signals a troubling trend for the beverage and snack giant. While PepsiCo has long been a household name synonymous with iconic brands like Pepsi, Lay’s, and Gatorade, recent financial performance and analyst sentiment paint a less optimistic picture. The company is …
Read More »Temu Threat Abating in 2Q24 – Barclays
‘Temu Threat Abating in 2Q24’ – Barclays – Temu Threat Abating in 2Q24 – Barclays, a recent report from the financial giant, suggests that the formidable rise of Temu, the Chinese e-commerce platform, might be slowing down. This news comes as a surprise to many, considering Temu’s meteoric rise and …
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