PepsiCo overtakes Coca-Cola
PepsiCo has overtaken Coca-Cola in market capitalisation for the first time in 112 years. Pepsi reached a record Wall Street high of $98.4bn (&£55.7bn) on Monday, eclipsing Coke’s $97.9bn (&£55.4bn).
PepsiCo has overtaken Coca-Cola in market capitalisation for the first time in 112 years. Pepsi reached a record Wall Street high of $98.4bn (&£55.7bn) on Monday, eclipsing Coke’s $97.9bn (&£55.4bn).
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At the end of every week, we look at the key stories, offering our view on what they mean for you and the industry. From Elon Musk sacking Tesla’s 40-strong marketing team to McDonald’s shining a light on the power of ‘stillness’, it’s been a busy week. Here is my take.