The core CPI data for November in the United States is about to be released
The US core CPI monthly rate, seasonally adjusted CPI monthly rate, unadjusted CPI annual rate, and core CPI annual rate will be announced today at 21:30(UTC+8).
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After six weeks of consecutive stock price declines, a turnaround may emerge? Goldman Sachs bets on PepsiCo (PEP.US) for "ten years of growth," confident in the resilience of leading consumer companies amid inflation headwinds.
According to apps of Zhihui Finance, PepsiCo (PEP.US) is expected to reverse its six-week losing streak in stock price. Although Goldman Sachs has lowered its price target for this American beverage, food, and snack giant, it still maintains a “Buy” rating, the most optimistic outlook. Improved third-quarter sales and overall business performance, as well as growth potential over the next decade, provide a foundation for the positive forecast. However, rising costs, margin pressure, and ongoing significant challenges in the beverage business execution are weighing on short-term earnings.
The Prime Minister of Malaysia stated that cash assistance is expected to reach 16 billions MYR by 2027.
Malaysian Prime Minister: Cash assistance is expected to reach 16 billion ringgit by 2027.
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