How to update post content of all posts with tag?

Question

You can loop through each of the $posts and update the post_content with update_post_meta.

<?php

foreach( $posts as $p ) {
    update_post_meta( $p->ID, 'post_content', 'YOURCUSTOMEDITS' );
}
?>

edit: if you want to use wp_update_post, it’d look like this:

<?php

foreach( $posts as $p ) {
  $my_post = array(
      'ID'           => $p->ID,
      'post_content' => 'New text',
  );

  // Update the post into the database
  wp_update_post( $my_post );

}
?>