PepsiCo stock slides as Nvidia-Siemens “digital twin” push puts costs back in focus
PepsiCo shares fell 1.4% to $137.01 Wednesday, extending a four-day slide, after unveiling a digital twin and AI partnership with Siemens and Nvidia. The stock traded near the lower end of its 52-week range as investors awaited Friday’s U.S. jobs report and PepsiCo’s Feb. 3 earnings.