yasir 
PepsiCo lowered its organic revenue forecast for the year after U.S. consumers continued to pull back on buying its snacks and drinks. The company, based in Purchase, New York, said Tuesday it now expects its organic revenue — which is adjusted for foreign currency exchanges and the impact of product acquisitions or divestments – to … Read more
The Nobel Prize in Physics has been awarded to two scientists, Geoffrey Hinton and John Hopfield, for their work on machine learning. British-Canadian Professor Geoffrey Hinton is sometimes referred to as the “Godfather of AI” and said he was flabbergasted. He resigned from Google in 2023, and has warned about the dangers of machines that … Read more
Nick Theslof’s grandmother taught him to ice skate at about the time he was learning to walk, which really didn’t prove to be much of a life skill since Theslof went on to play professional soccer, not hockey. But there was another lesson Theslof learned from his grandmother simply by being near her. And it … Read more
Two Democratic lawmakers are demanding that some of the biggest food and beverage companies stop engaging in “shrinkflation” — the practice of reducing product sizes while charging prices that are the same or higher. In pointed letters, Sen. Elizabeth Warren of Massachusetts and Rep. Madeleine Dean of Pennsylvania accused General Mills, Coca-Cola and PepsiCo of … Read more
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Erika Najarian, UBS large cap banks analyst, joins ‘Squawk on the Street’ to discuss what bank investors want from interest rates, if the bank outlooks stand, and much more. 04:12 Mon, Oct 7 202411:00 AM EDT Source link
A truck with Pepsi logo on a semitrailer is seen at Interstate 95 highway in Maryland, United States, on October 21, 2022. Beata Zawrzel | Nurphoto | Getty Images PepsiCo on Tuesday lowered its full-year outlook for organic revenue after its second straight quarter of weaker-than-expected sales. Shares of the company fell 1% in premarket … Read more
SAN DIEGO — I walked into the Dodgers’ team store the other day and asked whether I could buy any “Beat SD” merchandise. Of course not. I walked into the San Diego Padres’ team store Monday. I did not have to ask whether I could buy any “Beat L.A.” merchandise. The rack of “Beat L.A.” shirts … Read more
Uber is driving on the road in Krakow, Poland, on July 4, 2024. Nurphoto | Nurphoto | Getty Images Uber CEO Dara Khosrowshahi on Tuesday announced that the company is updating its platform with new sustainability-minded features, including an “EV preference” that will let customers opt for fully electric vehicles by default, whenever they hail … Read more
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Brad Lightcap, OpenAI COO, joins ‘Squawk on the Street’ to discuss the company’s relationship with Apple, how OpenAI benefits economically from this partnership, and much more. 13:01 Mon, Oct 7 202411:48 AM EDT Source link
Nobel Prize in physics awarded to John Hopfield and Geoffrey Hinton for discoveries that enable machine learning Source link