July NY world sugar #11 (SBN26) on Thursday closed down -0.27 (-1.82%), and Aug London ICE white sugar #5 (SWQ26) closed down -5.30 (-1.21%). Sugar prices added to Wednesday’s sharp losses on Thursday, falling to 1-week lows. Gasoline prices (RBM26) have fallen by more than -8% over the past three sessions, which undercuts ethanol…
xAi is Dead. Long Live SpaceXAI. – Moby BREAKING NEWS After Anthropic announced their new partnership with SpaceX, CEO Elon Musk followed up by writing on X that xAI, home of Grok, will be dissolved and absorbed into the rocket company. “xAI will be dissolved as a separate company, so it will just be SpaceXAI,…
Basic financial data about RXO/s first quarter can be found here. The first quarter earnings of 3PL giant RXO seemed to signal that a tough several years for the company, which saw its stock steadily erode even as that of its key competitor C.H. Robinson soared, might have come to an end on the back…
While the price sees a rally on the weekly charts, Ripple joins JPMorgan and Mastercard in a pilot transaction. Learn the details and the potential broader impact. XRP has been on an upswing on the weekly charts, while there have been some noteworthy developments regarding Ripple. Notably, Ripple, JPMorgan (NYSE:), Mastercard (NYSE:) and completed a…
Milpitas, California-based Sandisk Corporation (SNDK) is a flash memory and data storage company best known for designing and manufacturing NAND flash storage solutions used in consumer electronics, enterprise systems, and cloud infrastructure. Valued at $207.6 billion by market cap, the brand has long been associated with products such as memory cards, USB flash drives, solid-state drives (SSDs), and…
Santa Clara, California-based Applied Materials, Inc. (AMAT) provides materials engineering solutions, equipment, services, and software to the semiconductor and related industries in the United States and internationally. The company has a market cap of $326 billion and operates through Semiconductor Systems and Applied Global Services (AGS) segments. AMAT shares have rallied the broader market over the…
This story was originally published on Payments Dive. To receive daily news and insights, subscribe to our free daily Payments Dive newsletter. Dive Brief: Global Payments is finding traction with its Genius point-of-sale solution among Worldpay’s larger restaurant customers as the companies have begun cross-selling their products, Global Payments Chief Executive Cameron Bready said Wednesday….
If you’re looking for exposure to the anti-obesity drug market, you essentially have just two choices: You can chase smaller biotech stocks that might develop the next breakthrough, or you can own the company that’s already generating billions of dollars from one. If your goal is safety and profit, not speculation, the answer is clear:…
By Faith Hung and Jihoon Lee TAIPEI/SEOUL, May 7 (Reuters) – Just as the world’s AI bulls looked to be running out of puff, a fresh investor frenzy has hit Asia’s tech names, making Seoul’s stock market the world’s hottest and delivering bonuses of half a million dollars to workers at one Korean chipmaker. Asia’s…
Shareholders of Italian energy major Eni approved the company’s 2025 financial statements, a €4 billion share buyback program, and a new slate of directors and auditors at the company’s annual meeting on Wednesday, as the group continues to prioritize shareholder returns amid volatile energy markets. The company also confirmed a total 2026 dividend of €1.10…
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