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PepsiCo drops London festival sponsorship over Kanye West controversy; Anthropic eyes UK expansion amid US legal issues.

Market News
06 Apr 2026
Seeking Alpha
View Source
Bullish
pluang ai news

PepsiCo has withdrawn its sponsorship from the Wireless Festival in London after backlash over Kanye West being named the headliner. The festival, previously branded as "Pepsi Max Presents Wireless," will proceed without the beverage giant's support. Meanwhile, the UK government is courting AI startup Anthropic to expand its London presence and consider a dual listing, despite ongoing legal disputes with the US government. Additionally, Soleno Therapeutics surged 30% premarket amid reports of a $2.5 billion buyout deal with Neurocrine Biosciences, and Netflix shares rose 2% following a Goldman Sachs upgrade.

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