Pepsi's Earnings Were Strong, but This EV Stock Is Tuesday's Real Winner

Wall Street wasn't able to keep its positive momentum going on Monday, and Tuesday morning's premarket session didn't look that much more promising. Major market indexes were mixed as investors tried to parse through all the conflicting economic data and other factors coming into play. With a key reading on inflation expected on Wednesday, it's possible that Tuesday will prove to be more of a waiting game for the markets. As of 8:45 a.m. ET, futures contracts on the Dow Jones Industrial Average (DJINDICES: ^DJI) were down 209 points to 30,931. S&P 500 (SNPINDEX: ^GSPC) futures were off 17 points to 3,840, but Nasdaq Composite (NASDAQINDEX: ^IXIC) futures inched higher by 3 points to 11,887.

Earnings season is starting this week, and one of the first companies to report was PepsiCo (NASDAQ: PEP). Its financial results were reasonably good, but there was another stock that fared even better. Below, you'll learn more about how the soft drink and snack giant performed, as well as the name of today's big stock winner.

Shares of PepsiCo were higher by more than 1% on Tuesday morning. Investors seemed to be reasonably pleased with the company's second-quarter results.

Source Fool.com