PepsiCo stock slides as Nvidia-Siemens “digital twin” push puts costs back in focus
PepsiCo, Inc. shares fell 1.4% to $137.01 on Wednesday, extending a four-session slide. The snacks-and-drinks maker this week unveiled a multi-year digital twin and AI partnership with Siemens and Nvidia, aimed at retooling factories and warehouses faster. The stock traded between $136.96 and $139.83, with about 8.4 million shares changing hands. StockAnalysis