According to @StockMKTNewz, PepsiCo (PEP) reached an agreement with Elliott Management to cut company costs, reduce U.S. prices by up to 20% in its slowing food business, and eliminate 20% of individual products across its U.S. operations, with no Elliott representatives joining the board; the underlying report is cited to the Wall Street Journal. source: @StockMKTNewz; The Wall Street Journal According to @StockMKTNewz, the reported plan directly alters PEP’s average selling prices, SKU mix, and cost base in the U.S., which are core inputs for near-term revenue and margin models that equity traders monitor. source: @StockMKTNewz According to the U.S. Bureau of Labor Statistics, food-at-home prices are a component of U.S. CPI that macro market participants track, so crypto traders attentive to risk sentiment in BTC and ETH may note large price adjustments by major consumer packaged goods companies reported by @StockMKTNewz. source: U.S. Bureau of Labor Statistics; @StockMKTNewz