Gatik, an autonomous vehicle startup specializing in self-driving box trucks for short-haul deliveries, has raised $200 million in a funding round led by Qatar Investment Authority and Koch Disruptive Technologies. This funding follows a multi-year commercial deal with PepsiCo and brings Gatik's total funding to about $500 million since 2019. The company operates fully driverless trucks delivering products for major clients like PepsiCo, Walmart, and Loblaw across several U.S. cities. The new capital will help Gatik scale operations, hire more staff, and expand into new markets, solidifying its position in the growing middle-mile delivery sector of autonomous vehicles.
The article outlines a diversified dividend portfolio combining ETFs, funds, and high-yield stocks to achieve a 5.59% average dividend yield and a 6.16% annual dividend growth over five years. Key holdings include Schwab U.S. Dividend Equity ETF, Mic...
Coca-Cola and PepsiCo show contrasting investment profiles for 2027. Pepsi offers a higher dividend yield of 4.46% compared to Coca-Cola's 2.31%, making it attractive for income-focused investors. However, Coca-Cola's stock has risen 32.71% year-to-d...
PepsiCo currently yields 4.3% in dividends, nearly double Coca-Cola's 2.2%. For investors focused on long-term passive income, PepsiCo stands out as the stronger dividend king stock. This difference highlights PepsiCo's potential for higher income ge...
With inflation running above 3%, fixed income loses purchasing power, but three dividend stocks—Automatic Data Processing (ADP), PepsiCo, and NextEra Energy—have mechanisms to raise dividends annually and keep pace with inflation. ADP benefits from w...
Coca-Cola reported its sixth consecutive earnings beat with Q3 EPS of $0.91 and revenue of $13.38 billion, exceeding estimates. The company raised its full-year EPS growth guidance to at least 11% and free cash flow guidance to $13 billion, supportin...
