PepsiCo released mixed quarterly results on Friday, citing a decline in North American demand for its beverages and food products. According to CEO Ramon Laguarta, the fourth quarter saw a general decrease in US sales. In a conference call with investors, he said, “Part of that is a slowdown due to pricing and [consumers’] disposable…
The demand for high value-added components for the domestic market significantly increased in 2022–2023, according to data released on Monday by the apex industry body for automotive components, the Automotive Component Manufacturers Association of India (ACMA). This resulted in a record turnover for the country’s automotive components sector of $69.7 billion. Despite exports to North…
App for stock trading On Thursday, Robinhood issued a dismal revenue forecast for the first quarter of 2022, citing a drop in active users in its most recent earnings report. In after-hours trading, Robinhood’s stock dropped 15%. The newly listed brokerage expects revenue of less than $340 million in the first quarter, down 35% from…