4 stocks to watch on Thursday: PEP, HON, SBUX, and CBRS

businessinsider

Jul 9, 2026 at 07:56 AM

Stock index futures rose on Thursday as investors ignored Middle East tensions. Cerebras Systems (CBRS) surged 6.35% on plans for a multi-billion dollar AI infrastructure expansion in Europe. PepsiCo (PEP) fell 2.46% despite beating revenue estimates, due to an earnings miss and inflation warnings. Starbucks (SBUX) dipped 0.72% while shifting from Microsoft/IBM software to in-house AI systems. Honeywell (HON) gained 0.72% after updating earnings guidance following a reverse stock split.

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