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PepsiCo Beats Q3 Expectations on International Strength, Trims Core EPS Outlook as North America Lags
PepsiCo beat Q3 2026 EPS and revenue estimates on international growth, raised its full-year revenue outlook to about 6% and cut its core EPS growth target to 2.5%-3.5% as North America lagged.
Levi Strauss Lifts Profit Outlook on Tariff Refunds, but Trims Sales View After DTC Miss
Levi Strauss posted adjusted EPS of 48 cents aided by tariff refunds, but CEO Michelle Gass said direct-to-consumer sales fell short as wholesale rose 6%.
Microsoft Opens $2,599 Preorders for Nvidia-Powered Surface Laptop Ultra, Shipping Oct. 16
Microsoft opened preorders for the Surface Laptop Ultra, an Nvidia Blackwell-powered laptop starting at $2,599 with shipments beginning Oct. 16, according to CNBC and Seeking Alpha.
Stock Market Today: Health Care Leads While S&P 500 Slips
Health Care led the session while the S&P 500 slips. See the validated market scorecard, sector performance, and what traders are watching next.
Paramount Completes $110 Billion Warner Bros. Discovery Takeover, Forming Skydance; Shares Begin Trading as 'SKYD'
Paramount's renamed Skydance Corporation closed its Reuters-valued $110 billion acquisition of Warner Bros. Discovery, with shares moving to the NYSE under 'SKYD' and new debt, synergy and streaming-merger targets now in focus.
Fed Minutes Show Most Officials Favored One More Hike by Year-End, But Gave No Timing Signal
Minutes from the Fed's September 15-16 meeting show most officials saw another rate hike as appropriate by year-end but gave no timing signal, after a unanimous 12-0 vote and public splits over the next move.
Twelve States and Writers Guild Settle Antitrust Suits Over Paramount Skydance-Warner Bros. Discovery Merger
Twelve states and the Writers Guild settled antitrust lawsuits over Paramount Skydance's Warner Bros. Discovery deal, winning film-output, cable-negotiation and news-independence commitments, according to KOB, NBC Miami and MediaPost.
SpaceX Reportedly Seeks $40 Billion in Debt to Fund Nvidia AI Chip Order, With Apollo Said to Lead
SpaceX is reportedly seeking about $40 billion in debt — roughly $10 billion in bank loans and $30 billion in investment-grade bonds — to fund an Nvidia AI chip order, with Apollo said to lead and a 2027 close targeted.
House China Committee Report Ties Webull to Beijing, Triggering Sharp Slide in BULL Shares
A House Select Committee on China report says Webull is structurally tied to Beijing through its workforce, data and ownership; Webull disputes the claims as BULL shares fall sharply.
Penguin Solutions Shares Jump Premarket After Fiscal Q4 Revenue, Adjusted EPS Top Estimates
Penguin Solutions shares climbed in premarket trading after fiscal Q4 adjusted EPS of $1 and revenue of $566.7 million topped FactSet consensus estimates, according to CNBC and Seeking Alpha.
NHC Upgrades Gulf System to Tropical Storm Isaias, Expects Hurricane to Approach Northern Gulf Coast Friday
The NHC upgraded a Gulf depression to Tropical Storm Isaias and forecasts rapid strengthening to a hurricane nearing the northern Gulf Coast Friday; oil prices rose.
RBI Raises Repo Rate to 5.50% in First Hike Since 2023, Shifts to 'Calibrated Tightening'
The RBI raised its repo rate 25 basis points to 5.50%, its first hike since 2023, and shifted to a calibrated tightening stance as inflation broadens and its FY27 growth projection holds at 7.1%.
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