EXPLAINED: 15 | Vintage Vibes

Who invented Flamin’ Hot Cheetos?

Richard Montañez is suing Frito-Lay, claiming the company launched a “smear campaign” against him in 2021

Salon · Aug 3, 2024

Why Bill Gates, Warren Buffett and Ray Dalio favor junk food stocks

Stocks like Coca-Cola are a common theme in the portfolios of Bill Gates, Warren Buffett, and Ray Dalio—this is why.

Fortune · Jul 28, 2024

Spicy dispute over the origins of Flamin' Hot Cheetos winds up in court

A court case could soon settle a spicy dispute: Who invented Flamin’ Hot Cheetos

The Independent UK · Jul 25, 2024

Kimberly Cheatle's Net Worth And Goal To Hire 30% More Females For Secret Service By 2030

Kimberly Cheatle, head of the US Secret Service, faces scrutiny over diversity efforts and handling of security challenges.

International Business Times UK · Jul 16, 2024

Say goodbye to $6 Cheetos—snack companies finally lower prices

$6 for a bag of chips has consumers looking elsewhere, executives said.

Fortune · Jul 12, 2024

PepsiCo Feels Dire Effects Of Weak Demand For Sodas; Misses Expected Revenue For 2nd Quarter

PepsiCo missed the expected revenue for the second quarter due to slow demand for snacks and sodas.

International Business Times · Jul 11, 2024

Stock Market Today: Markets Mixed as Rising Rate-Cut Bets Boost Small Caps

A surprisingly soft inflation report sparked a rotation from mega-caps into riskier names.

Kiplinger · Jul 11, 2024

PepsiCo Stock Falls On Q2 Revenue Miss, Revised Outlook: What to Know

PepsiCo stock is trading lower after mixed second-quarter results and revised outlook. Here’s what you need to know.

Kiplinger · Jul 11, 2024

PepsiCo second quarter profits jump, but demand continues to slip with prices higher

PepsiCo reported higher-than-expected earnings in the second quarter even as customer demand for its snacks and drinks continued to slip

The Independent UK · Jul 11, 2024

Stocks Tread Water Before the Open as Investors Brace for U.S. Inflation Data, PepsiCo Earnings on Tap

September S&P 500 E-Mini futures (ESU24) are down -0.09%, and September Nasdaq 100 E-Mini futures (NQU24) are down -0.10% this morning as market participants refrained from making any big bets ahead of a crucial U.S. inflation reading that could solidify expectations for Federal Reserve interest rate cuts later this year.

Barchart · Jul 11, 2024