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PepsiCo's stock was having its best day in five years after earnings beat expectations in contrast to a profit miss in the previous quarter.
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PepsiCo reiterated its full-year outlook after its quarterly earnings and revenue topped estimates.
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PepsiCo earnings beat estimates even as U.S. demand falls CNBCPepsiCo's results exceed expectations on international growth, soda demand rebound ReutersPepsiCo's stock rises after revenue beats estimates and outlook stays the same MarketWatchPepsiCo overcomes lagging US sales in a strong second quarter AP News
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Shares of Goldman Sachs and Morgan Stanley fell Wednesday despite stronger-than-expected profit from the two big banks, as investors saw little reason to bid up equity prices further after gains in recent weeks.
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