ADM to idle Iowa soy facility during record US harvest
By Julie Ingwersen and Karl Plume CHICAGO (Reuters) – Archer-Daniels-Midland Co is idling its only soybean processing plant in Iowa for weeks in the thick of a record U.S. harvest,…
India stocks lower at close of trade; Nifty 50 down 0.79%
Investing.com – India stocks were lower after the close on Friday, as losses in the Real Estate, Auto and Consumer Durables sectors led shares lower. At the close in NSE,…
HSBC upgrades US data center stocks on AI demand
Investing.com — HSBC analysts upgraded ratings for US data center stocks Equinix (NASDAQ:EQIX) and Digital Realty (NYSE:DLR) Trust, citing “strong AI-driven demand and constrained supply in major markets.” Equinix was…
BingEx Limited Prices 4M Share IPO at $16.50/sh
BingEx Limited (Nasdaq: FLX) today announced the pricing of its initial public offering of 4,000,000 American Depositary Shares (“ADSs”), each representing three Class A ordinary shares of the Company, at…
Spirit Airlines shares plunge on report of potential bankruptcy filing
(Reuters) – Spirit Airlines (NYSE:SAVE) shares slumped 40% before the bell on Friday after the Wall Street Journal reported that the ultra-low-cost carrier was in talks with its bondholders about…
Abercrombie & Fitch added to JPMorgan’s Positive Catalyst Watch, shares edge up
Investing.com — Shares in Abercrombie & Fitch (NYSE:ANF) edged higher in US premarket trading on Friday after analysts at JPMorgan Chase (NYSE:JPM) added the clothing retailer to its Positive Catalyst…
Rivian drops after cutting full year production guidance
Investing.com — Rivian (NASDAQ:RIVN) shares dropped more than 6% premarket Friday after the company cut its full-year production forecast and revealed a significant setback in its production plans due to…
China’s market rebound attracts global investors, pulls capital away from Asian rivals
A significant rally in Chinese stocks is prompting a shift in global portfolios, as investors seek to capitalize on new opportunities, Bloomberg has reported. Following Beijing’s aggressive economic stimulus measures,…
KLM reorganization set to boost profits by €450 million annually with cost cuts and fleet renewal
LM has announced a restructuring plan aimed at increasing its profits by €450 million per year over the next few years. The Dutch airline is grappling with rising costs, including…
Is the soaring Hims & Hers stock a good investment?
Hims & Hers (NASDAQ: HIMS) stock has done well since the company went public a few years ago. It has soared by over 193% in the last 12 months and…