On Tuesday, Walmart Incorporated reached a new all-time high after showing mixed data in the fiscal third quarter, smashing estimates. Its stock price surged by 3.00% to $86.60 per share on November 19’s Asian afternoon trading. However, it is anticipated to slide by -0.36% to $86.29 apiece in the market after hours. The company’s earnings …
Walmart Records Mixed Q3 Results, Beats Estimates Read More »
On Sunday, Bluesky CEO Jay Graber vowed to retain the platform’s identity as a decentralized social network as it receives migrants from X, formerly Twitter. Analysts claim that Bluesky may be the biggest winner of the social media upheaval that began when Elon Musk bought Twitter in 2022. The world’s richest man renamed the social …
Bluesky Navigates User Influx as X Struggles with Exodus Read More »
On Wednesday, coffee prices settled higher as Brazil encountered a tightness in supply, extending this week’s rally. US coffee futures for March delivery soared by 3.43% to $2.71 per pound on November 13’s Asian afternoon session. Additionally, the arabica variety registered a seven-week high, while the robusta posted a three-week record, contributing to the current …
Coffee Prices Surge Following Limited Supply in Brazil Read More »
On Tuesday, cocoa prices skyrocketed amid forecasts of arid weather in West Africa and dwindling stockpiles in Intercontinental Exchange (ICE) warehouses. US cocoa futures for March rose sharply by 7.25% to $7,694.00 per metric ton (MT) on November 12, scoring a 3-1/2 week high. Furthermore, commodity specialists expect the upward pressure to remain with a …
Cocoa Soars on Dry West African Weather, Tight ICE Stocks Read More »
On Wednesday, Apple Incorporated received an issued call from the European Commission (EC) to end its geo-blocking practices. In line with this, the body and other authorities asked the tech giant to follow the European Union’s (EU) anti-geo-blocking rules. The Consumer Protection Cooperation (CPC) Network of national consumer authorities in the EU also called for …
Apple Warned by EU to Stop Geo-blocking Practices Read More »
On Wednesday, cocoa prices crashed as Ghana expected a 2024/25 output rebound, and the US dollar rallied after Donald Trump won a second presidential term. US cocoa futures for December delivery plummeted by 3.79% to $6,947.00 per metric ton (MT) on November 06, establishing a two-day losing streak. Moreover, market analysts predict the slump will …
Cocoa Prices Sink on Ghana Yield Optimism, Robust US Dollar Read More »
On Monday, Vertex Pharmaceuticals stocks rose in its fiscal third quarter as its cystic fibrosis (CF) treatment registered strong demand. Its stock price increased by 0.36% to $472.80 per share on November 04’s afternoon session. More importantly, it is anticipated to surge by 1.64% to $480.57 apiece in the market after hours. The drugmaker’s earnings …
Vertex Logs Strong Q3 on Rising CF Treatments Demand Read More »
On Thursday, Intel shares rebounded despite a significantly sharper-than-expected third-quarter loss as the upbeat foundry outlook fueled investor optimism. The California-headquartered firm’s stock shed 3.50% to $21.52 apiece on October 31 but recovered by a 6.92% to $23.01 on extended trading. Analysts predict the upward momentum will continue with a 1.78% jump to $23.42 per share …
Intel Spikes Despite Downbeat Q3 Earnings Amid Foundry Hopes Read More »
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