Tag: business news
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World’s largest olive oil company pops 17% as rivals circle in takeover battle
Shares of Spain’s Deoleo jumped nearly 16% on Wednesday morning amid an intensifying takeover battle for the world’s largest olive oil bottler and marketer.
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Goldman studied where AI is squeezing labor markets. Here’s what it found
Goldman Sachs found that AI is starting to weigh on employment across developed economies.
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Target is set to report earnings before the bell. Here’s what to expect
Target is expected to report its fiscal second-quarter results Wednesday morning as the retailer offers a window into its turnaround progress.
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Here’s the best place to hedge severe El Niño shocks to the food supply chain, BofA says
One country appears to be the best place to hedge market impact from severe El Niño shocks to global food supply chains, according to Bank of America.
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China’s backflipping robot maker Unitree pops 542% in Shanghai debut
Unitree Robotics shares rise 542% on their first day of trading in Shanghai
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In upset, democratic socialist Nixon defeats Vindman in Florida Democratic Senate primary
Primary races on Tuesday in Florida and Alaska were being closely watched for signs of possible Republican or Democratic dominance in the run-up to the November midterm elections that will decide control of the U.S. House of Representatives and Senate.
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What Chinese liquor maker Moutai’s slump says about the country’s economy
Kweichow Moutai’s half-year report showed a rare drop in net profit, following the first annual drop on record.
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Cramer’s lightning round: ‘I’m going to say no’ to United Microelectronics
“Mad Money” host Jim Cramer rings the lightning round bell, which means he’s giving his answers to callers’ stock questions at rapid speed.
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We’re buying more of this AI infrastructure stock well below its recent high
The combination of these factors suggests continued revenue and earnings growth for the foreseeable future.
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