Coca-Cola Co (NYSE: KO) is trading slightly up this morning after the beverage giant reported market-beating results for its fiscal first quarter. Coca-Cola stock up on future guidance Shares are in the green also because the company reiterated its outlook. Coca-Cola continues to see up to an 8.0% growth in its organic revenue this year… Continue reading Coca-Cola CEO on Q1 earnings: ‘aggregate demand is there’
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Sugar prices hit 11-year high as weather impacts producers
Sugar prices are set to rise significantly in the next few months as extreme weather affects producers across the globe. An outlook of raw sugar futures shows the price has jumped to highs of 25 cents a pound to hit their highest level in 11 years. Prices are more than 35% up year-to-date and over… Continue reading Sugar prices hit 11-year high as weather impacts producers
Lithium stocks rebound strongly as fears around Chile’s nationalization strategy recede
Last week, President Gabriel Boric of Chile announced the launch of the country’s new national lithium strategy to usher in the age of electrification and decarbonization, ensure environmental sustainability and ultimately, cement its position as the global leader in the production of silvery-white metal. Primarily, the policy seeks to nationalize Chilean reserves and manage this… Continue reading Lithium stocks rebound strongly as fears around Chile’s nationalization strategy recede
Metacade (MCADE) price continues to surge. The third listing comes in a week
Metacade (MCADE) exchanges hands at $0.024800 on Monday, an increase of nearly 25% from the last presale price of $0.020. The gains follow listings on Uniswap DEX on April 6, followed by Bitmart on April 16. The steady rise in value indicates investors’ demand for the token of the arcade gaming platform, barely three weeks… Continue reading Metacade (MCADE) price continues to surge. The third listing comes in a week
Liontrust share price at risk of a ~20% drop as it works to acquire GAM
Liontrust (LON: LIO) share price has been in a steep sell-off in the past few months as concerns about the asset manager continued. The shares plunged to a low of 828p on Thursday, which was ~36% below the highest point this year, meaning that it has moved to a bear market. Liontrust and GAM combination… Continue reading Liontrust share price at risk of a ~20% drop as it works to acquire GAM
Nifty 50 index vs S&P 500, Nasdaq 100: one clear winner in 2 decades
Which is the best-performing stock index in the world? Most people would cite American indices like the Nasdaq 100 and S&P 500 as the best performers. Sure, these indices have done well over the years. However, the Nifty 50 index has been the best-performing index in the past few decades by far. Nifty 50 index… Continue reading Nifty 50 index vs S&P 500, Nasdaq 100: one clear winner in 2 decades
Li Auto stock price could dive by 20% if this happens
Li Auto (NASDAQ: LI) stock price has come under pressure in the past few days as concerns about the electric vehicle (EV) industry continued. The shares dropped to a low of $22.50, which was a few points below the year-to-date high of $$27.52. It remains about 85% above the lowest level in 2022, meaning it… Continue reading Li Auto stock price could dive by 20% if this happens
US pension system ranked 5th out of 75 countries
In recent personal finance news, Allianz Group, a global insurer and leading asset manager, released the Allianz Global Pension Report 2023, which ranked the world’s best pension systems as one of the best in the world. In the report, Denmark tops, the USA is ranked fifth while the top 10 includes Taiwan and New Zealand.… Continue reading US pension system ranked 5th out of 75 countries
Bed Bath & Beyond just filed for Chapter 11 bankruptcy
Bed Bath & Beyond Inc (NASDAQ: BBBY) just announced to have filed for Chapter 11 bankruptcy protection after none of its efforts in recent months raised capital needed to continue operations. Here’s what we know so far Sixth Street is lending roughly $240 million in “DIP” (debtor-in-possession financing) for the big box retailer to finance… Continue reading Bed Bath & Beyond just filed for Chapter 11 bankruptcy