US stocks rose sharply | Q2 performance exceeded expectations, PepsiCo (PEP.US) surged over 6%

According to the Zhixun Financial APP, on Thursday, PepsiCo (PEP.US) opened more than 6% higher, reaching its largest increase since April 2020, at $144.40. In terms of news, the company's second-quarter earnings per share were $2.12, 0.09 higher than the market's expected value of $2.03; revenue increased by 1.0% year-on-year to $22.73 billion, compared to the market's expected value of $22.27 billion. For 2025, the company continues to expect: low single-digit growth in organic revenue; core constant currency earnings per share to be approximately flat compared to the previous year; core annual effective tax rate of around 20%; total shareholder cash return of approximately $8.6 billion, including $7.6 billion in dividends and $1 billion in share buybacks. Based on the current market consensus rates, the company expects that foreign exchange headwinds will have a negative impact of approximately 1.5 percentage points on reported net revenue and core earnings per share growth (previously about 3 percentage points of headwinds).