Processed food stocks plummeted as investors reacted to President-elect Trump’s nomination of Robert F. Kennedy Jr. for Health and Human Services Secretary, raising concerns over increased scrutiny of major food brands. PepsiCo, Coca-Cola, General Mills, and others saw significant declines, with Kennedy's focus on reforming the FDA and his criticism of current regulations fueling fears of tighter oversight on popular snack and beverage products.
On November 14, 2024, major analysts provided insights on several prominent companies, including Nvidia, Netflix, Amazon, Microsoft, Tesla, Meta, and Campbell Soup. This analysis highlights the latest trends and expectations surrounding these key players in the market.
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