Cocoa Production To Drive Up Prices Of Chocolate
Everyone is hurting under inflation, however this week chocolate lovers are finding out they may end up hurting more than most. Wholesale cocoa beans have seen prices rise to the…
Factory Activity In China Falls In July, Pressuring Leaders To Take Action
A new survey released Monday showed that in July, Chinese factory activity contracted due to a reduction in export orders, adding to the pressures the Communist government is feeling to…
CIA’s Palantir Positioned To Dominate AI For A Decade
As it erects an artificial intelligence “fortress” which will help it to dominate the AI race in the upcoming decade, Palantir stock is now set to surge over the next…
Stellantis Beats Estimates On Profits
Stellantis, the parent of Jeep, Dodge, and Ram reported it had beaten estimates for profits for the first half of the year, as it made note of the fact the…
Samsung’s Latest Phones For Sale In Russia Prior To Global Launch
The two latest folding smartphone models from global leader Samsung, the Galaxy Z Flip 5 and the Fold5, are now available for sale in Russia, having shown up online over…
Newell Downgrades Forecast Off Declining Demand
On Friday, Newell Brands Inc cut its forecast for its full-year net sales and profit, due to a reduced demand for the Sharpie-manufacturer’s Rubbermaid food containers and kitchen appliances, as…
Procter & Gamble Benefits As Inflation Recedes, While High Prices Remain
In its Fridays earnings release, Procter & Gamble (PG) revealed that as commodities prices have fallen, with oil prices down and supply-chain bottlenecks easing following the pandemic, the company is…
Major Automakers Team On New EV Charging Network
Although a number of automakers have joined Tesla’s supercharger network, many electric vehicle makers are looking for another way. Seven international electric vehicle makers, BMW (BMWYY), GM (GM), Honda, (HMC),…
Roku Beats Expectations, But Headwinds Loom
Image courtesy of Wikpedia, under Creative Commons Attribution-Share Alike 4.0 International license. Following an earnings report which beat Wall Street expectations, Roku stock surged 25% Friday, despite the fact the company…
Russian Stock Market Surges To 17-Month Record
The Russian MOEX index, based on the ruble, soared above 3,000 points on Friday, hitting the highest level it has seen since the day before the beginning of the Russian…
