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from24/7 Wall St.
6 days agoIs the Pepsico Turnaround Story Finally Worth Buying?
PepsiCo faced volume declines but achieved revenue growth through pricing, while net income fell due to impairment charges.
No matter how much is said about the hundreds of billions of dollars hovering over the tech industry's head like an anvil in the "AI bubble," it just won't pop. Not only is it refusing to budge, but it's growing by the day. The AI bubble is getting so bad, in fact, that it's making previous market bubbles look like chump change.