PepsiCo is a global food and beverage leader, known for producing a diverse range of products that include well-known brands in the beverage, snack, and food categories
The company operates in various segments, offering carbonated and non-carbonated drinks, as well as an assortment of snack foods, including chips, cereals, and nutrition bars. PepsiCo is committed to innovation and sustainability, continuously adapting its product offerings to meet changing consumer preferences and dietary requirements while focusing on reducing its environmental footprint. Through its extensive distribution network, the company reaches consumers in more than 200 countries, making it a key player in the global food and beverage industry.
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Celsius Holdings Inc. (NASDAQ: CELH) shares are trading higher Monday likely reacting to news that PepsiCo is acquiring prebiotic soda brand Poppi for $1.95 billion.
PepsiCo has announced its acquisition of the popular prebiotic soda brand, Poppi, in a deal valued at $1.95 billion. This includes $300 million in anticipated tax benefits, lowering the net purchase price to $1.65 billion.
Jensen Huang will give a keynote speech at Nvidia's GTC conference next week. A keynote from Huang at CES earlier this year took Nvidia stock to highs.
