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Investors are pushing PepsiCo, arguing that the company's sprawling portfolio has become a liability rather than a strength. While Coca-Cola enjoys 28.5% operating margins compared to Pepsi's 11.2%, PepsiCo CEO Ramon Laguarta faces the challenge of proving his integrated food-and-beverage strategy can still work in an era where Wall Street demands focus over diversification. Plus: Tesla stock rallies after Elon Musk’s $1B investment and the TikTok ban might be off the table.
Join our hosts Jon Weigell and Mark Dent as they take you through our most interesting stories of the day.
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