HomeIndustriesFood & BeverageGE Pulls Back on Strong Earnings, PEP Rallies, SBUX Downgrade

GE Pulls Back on Strong Earnings, PEP Rallies, SBUX Downgrade

GE Aerospace (GE) sold off after the opening bell despite initially trading higher on strong earnings and raising its full-year outlook. PepsiCo (PEP) rallied to a 3-month high even though its net income is down and demand continues to show signs of weakness. Jefferies turns into a bear on Starbucks (SBUX) with a downgrade to underperform from hold. Diane King Hall takes investors through the morning's biggest movers.

Morning Trade Live

17 Jul 2025

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