PepsiCo reported second-quarter core earnings of $2.12 a share, topping analysts’ $2.03 estimate, while revenue edged up 1% to $22.73 billion against expectations of roughly $22.3 billion. Organic sales rose 2.1%, driven by international demand for sodas and snacks that offset softer U.S. beverage volumes. The maker of Lay’s and Gatorade reaffirmed its 2025 forecast for core earnings of $7.88 a share and about $92 billion in revenue, but warned that currency translation will shave about 1.5 percentage points from reported growth. The stock gained about 6% after the release, its strongest earnings-day jump in more than four years. A day later, American Express posted adjusted second-quarter earnings of $4.08 a share, beating the $3.87 consensus, on revenue of $17.86 billion, up 9% year on year. Spending on its cards reached a record $416.3 billion as affluent customers continued to travel and dine out, helping the payments group overcome higher credit-loss provisions. The New York-based company reaffirmed full-year guidance for revenue growth of 8%–10% and earnings of $15.00 to $15.50 a share. Shares rose roughly 2% in pre-market trading, adding to a more than 6% advance this year.