News

PepsiCo's acquisition of Poppi, a prebiotic soda brand, positions the company to capitalize on a growing market while aligning with the Trump administration's public health policy. The company's strong brand recognition and potential to benefit from the "trade-down effect" during economic challenges make it an attractive investment opportunity.

Novo Nordisk has been reinstated as a full member of the ABPI after undergoing compliance audits and implementing changes to ensure adherence to the Code of Practice. The company has also launched NovoCare Pharmacy, offering its weight-loss medication Wegovy at a reduced price for uninsured individuals.

NVIDIA's GTC 2025 is set to unveil the company's latest advancements in AI hardware, with investors eagerly anticipating the impact on the broader AI supply chain. Key areas to watch include the "Blackwell Ultra ramp," the Rubin platform, and the increasing power and thermal demands of next-generation chips.

Reddit shares initially jumped on news of a closer partnership with Google, which aims to integrate Reddit content more effectively across Google's products. However, analyst concerns about Reddit's user growth vulnerability to potential Google algorithm changes and the sustainability of its traffic-driven model led to a decline in the stock price.

The cryptocurrency industry is pushing back against the SEC, emboldened by the Trump administration's stance. Leading figures like Coinbase's CEO and Ripple's legal chief are challenging the SEC's past tactics and demanding accountability, while Republicans in Congress seek to limit the SEC's authority over digital assets.