PepsiCo, Cloudflare, Pinterest, and More Companies Feel the Sting
PepsiCo, Cloudflare, Pinterest, and More Companies Feel the Sting

PepsiCo Fizzles Out

Shares of PepsiCo slipped 1.4% as the beverage and snacks giant reported mixed fourth quarter results. Revenue fell short of expectations and adjusted earnings per share didn't quite hit the mark. Well it seems like consumers' budgets were hit hard. Perhaps they're feeling a bit lighter in their pockets than usual because of those pesky borrowing costs and lower personal savings. Can't say I blame 'em. The struggle is real my friends.

Cloudflare Rises Above

Cloudflare on the other hand had a reason to celebrate. The cloud services provider exceeded analysts' expectations in the fourth quarter causing their shares to surge 27%. Adjusted earnings per share and revenue both outperformed predictions. Looks like Cloudflare is making it rain just like I do with Shelby Company Limited. Keep up the good work lads!

Pinterest's Pin Drops

Pinterest didn't have such a picture perfect quarter. The stock dropped over 8% after the image sharing company issued a weaker than expected forecast. Revenue estimates fell short but they did manage to beat on earnings. Looks like Pinterest needs to work on their vision. They can't be pinning all their hopes on one board can they?

Expedia's Rocky Road

Expedia Group took a plunge despite posting adjusted fourth quarter results that exceeded expectations. Shares dropped 15% due to a miss in the air travel category. Well it seems like their journey hit some turbulence. Maybe they need to hire a better pilot to steer them in the right direction. It's all about strategy my friends.

CleanSpark Shines Bright

CleanSpark the bitcoin miner had a sparkling quarter. They reported fiscal first quarter results that exceeded expectations causing their shares to rise 19%. Earnings per share were higher than anticipated and revenue came in strong. It's good to see someone riding the bitcoin wave. Just make sure you don't get caught in a rip tide lads.

United Airlines Soars High

United Airlines got an upgrade and the shares gained 2.7%. Looks like the folks at Evercore ISI think the stock has some wings. They upgraded the company to outperform and believe the stock could fly more than 50% higher. Well as they say 'Up in the air anything can happen.' Let's hope it's smooth sailing for United Airlines from here on out.


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