According to @StockMKTNewz, PepsiCo PEP plans to cut prices by as much as 15% on Lay's potato chips and Flamin' Hot Cheetos after a surge in shopper complaints about affordability, and traders should watch for formal company confirmation, rollout timing, and any updates to revenue and margin guidance; source: @StockMKTNewz.

According to @CNBC, PepsiCo (PEP) shares have lagged Coca-Cola (KO), and the outlet notes Thursday’s earnings as a potential catalyst for a change in relative performance, which is relevant for pair-trade and relative-strength monitoring according to @CNBC. According to @CNBC, the key time marker for traders is PepsiCo’s Thursday earnings release as the event highlighted for possible shift in PEP versus KO price action according to @CNBC. According to @CNBC, the report does not discuss any direct cryptocurrency market impact.