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.
Coca-Cola reported a 6.74% revenue increase to $13.38 billion in Q2 2026, driven by a 16% rise in Coca-Cola Zero Sugar volume and strong global unit growth. The company raised its full-year guidance twice, boosted by successful marketing like the FIF...
Five established companies—Johnson & Johnson, PepsiCo, Coca-Cola, Exxon Mobil, and Kimberly-Clark—have declared new dividends backed by decades of consistent payout increases. Each company recently reported strong earnings or raised guidance, signali...
Coca-Cola reported strong Q2 2026 results with 5% global volume growth and raised its full-year guidance, driven by successful marketing around the FIFA World Cup and a high operating margin of 34.9%. PepsiCo posted mixed results, with beverage volum...
PepsiCo announced it will publish its third-quarter 2026 financial results on October 8, including a Form 10-Q, press release, and management remarks. The company will also host a live Q&A session with CEO Ramon Laguarta and CFO Steve Schmitt for ana...
With the 10-Year Treasury yield at 4.74%, dividend stocks must offer durable income. Dividend Aristocrats, companies with 25+ years of dividend increases, remain reliable for retirement income. Coca-Cola, Procter & Gamble, Johnson & Johnson, PepsiCo,...
