This is The Takeaway from today’s Morning Brief, which you can sign up to receive in your inbox every morning along with:
I have really hated this earnings season, and it has just begun.
There have been a few bright spots, no doubt.
PepsiCo (PEP) CEO Ramon Laguarta told me it will be a spring and summer of innovation. Think more power-packed Gatorade powders and tablets for workout freaks like yours truly. Let’s do this!
Speaking of workouts, Chipotle (CMG) CFO Jack Hartung told Yahoo Finance that he’s OK with the chain being the go-to post fat-burning sessions. He was responding to a new WSJ article that suggested workout buffs are supporting the chain’s higher prices.
Then Snowflake’s (SNOW) new CEO, Sridhar Ramaswamy, squeezed in an AI product drop ahead of its earnings. He promised that the cloud computing company would be picking up the pace on artificial intelligence innovations…
