US Jobless Claims Jump by Most Since 2020 After Holiday Drop [Yahoo! Finance Canada]
PepsiCo, Inc. (PEP)
Last pepsico, inc. earnings: 4/28 06:03 am
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Source: Yahoo! Finance Canada
Initial claims increased by 44,000 to 236,000 in the week ended Dec. 6, according to Labor Department data released Thursday. That was the biggest jump since March 2020 and followed the lowest level of applications in more than three years in the previous week, which included Thanksgiving. The figure exceeded all but one estimate in a Bloomberg survey of economists. Most Read from Bloomberg Weekly initial claims tend to be choppy around the holidays and will likely continue to fluctuate through the end of the year, but Thursday's figures are toward the higher end of readings seen in 2025. Companies like PepsiCo Inc. and HP Inc. have laid out plans to reduce headcount in recent weeks, and nationwide layoffs in October were the highest since early 2023. The four-week moving average of new applications, a metric that helps smooth out volatility, ticked up to 216,750 last week. Federal Reserve officials lowered interest rates for a third straight meeting Wednesday to support what
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News
- US Jobless Claims Jump by Most Since 2020 After Holiday Drop [Yahoo! Finance]Yahoo! Finance
- PepsiCo (NASDAQ:PEP) had its price target raised by analysts at Barclays PLC from $142.00 to $144.00. They now have an "equal weight" rating on the stock.MarketBeat
- PepsiCo (NASDAQ:PEP) was upgraded by analysts at JPMorgan Chase & Co. from a "neutral" rating to an "overweight" rating. They now have a $164.00 price target on the stock.MarketBeat
- PepsiCo: Earnings May Fizz Now, But The Long-Term Upside Still Pops For A Buy [Seeking Alpha]Seeking Alpha
- PepsiCo (NASDAQ:PEP) had its "buy" rating reaffirmed by analysts at UBS Group AG.MarketBeat
PEP
Earnings
- 10/10/25 - Beat
PEP
Sec Filings
- 12/8/25 - Form 8-K
- 12/3/25 - Form 4
- 12/3/25 - Form 4
- PEP's page on the SEC website