PepsiCo tops earnings estimates but cuts its full-year forecast and says more cost cuts are coming, as futures fall and Treasury yields keep climbing on October 8, 2026. Yahoo Finance’s Julie Hyman, Jake Conley and Pras Subramanian break down the Fed minutes, Chris Waller’s case for more hikes, and the growing competition for capital as Broadcom reportedly plans $50 billion in financing for OpenAI’s chips. They also discuss Samsung’s record profit and TSMC’s sales jump, Applied Digital’s data center growth, Michael Dell’s defense of single stocks in Trump accounts, Levi’s outlook, a Goldman Sachs note on Palantir, and the rise of video calls on flights ahead of Delta’s earnings.
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00:00 Futures fall as PepsiCo cuts its forecast
00:22 PepsiCo’s earnings and lowered outlook
00:48 More cost cuts are coming
01:12 North America vs. international volumes
02:20 PepsiCo as a test for non-AI stocks
03:03 GLP-1s and the protein gap
04:30 Frito-Lay’s Tesla Semi pilot
05:21 Not every company is an AI company
05:45 Why PepsiCo shares are rising
07:25 Fed minutes: All 19 participants backed the hike
08:07 Waller makes the case for more hikes
09:08 Warsh won’t give forward guidance
09:27 “Rates keep going up”
10:16 Oil jumps on Iran reports
10:57 Tech rises as other sectors fall
11:36 The 30-year auction and Treasury buyback
12:28 Can the Fed slow the AI capex cycle?
13:23 “A very blunt instrument”
13:41 Yields rise in France and Japan
14:47 Is the US still the cleanest dirty shirt?
15:45 Broadcom reportedly plans $50 billion for OpenAI’s chips
16:54 Is AI debt crowding out IPOs?
17:56 The AI debt already out there is struggling
19:05 Box CEO Aaron Levie on AI’s compute needs
19:46 “A push, not a pull”
20:29 Lessons from the EV push
21:14 The rise of video calls on flights
23:31 Delta’s earnings and the Starlink fight
29:57 Samsung’s record profit and TSMC’s sales jump
30:44 Why investors want more
31:35 “Not enough to just put up good numbers”
32:25 What TSMC’s numbers show
33:28 Will AI spending slow?
34:24 Memory chip prices keep rising
35:58 Applied Digital’s revenue surges
37:08 Does the payoff add up?
38:55 The upfront cost of data centers
39:41 Michael Dell defends Trump accounts’ stock gifts
41:23 The pushback on single-stock donations
42:05 Why diversification matters
43:00 Why defend the plan so hard?
44:29 Conflicts of interest
45:46 The case for owning stocks young
47:30 Levi’s tops estimates but trims its sales outlook
48:49 Baggy jeans vs. low rise
49:26 Palantir rises on a Goldman Sachs note
50:09 What is sovereign AI?
51:22 Can Palantir scale its forward-deployed model?
52:53 Palantir’s controversy problem
53:56 What happens to Trump accounts after 2028?
#StockMarket #PepsiCo #TreasuryYields #YahooFinance
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