Jubilant FoodWorks said it will not renew its agreement with Dunkin’ to develop and operate the US brand’s stores in India when the current pact ends on December 31, 2026. The company said it will evaluate options for the existing stores, including a sale or transfer of franchise rights in consultation with Dunkin’. Jubilant said… Continue reading Jubilant FoodWorks to exit Dunkin’ India pact
Stock Research
Nvidia stock continues to slip, but some bullish signs emerge
Nvidia shares were volatile on Monday, even as reports suggested continued spending from artificial intelligence-focused customers. The stock was down 0.5% to $166.09 in early trading. The AI darling is down around 10% for the year. The moves come amid fresh announcements from key players investing heavily in AI infrastructure, reinforcing demand for Nvidia’s chips… Continue reading Nvidia stock continues to slip, but some bullish signs emerge
Saudi reroutes oil as Hormuz shuts, prices surge on war fears
Saudi Arabia lifted crude exports from Yanbu to around 4.6 million barrels per day (bpd) last week, approaching the port’s 5 million bpd limit, as shipments were rerouted away from the Strait of Hormuz amid the US-Israeli war with Iran, according to data from Kpler and LSEG cited by Reuters. Saudi Aramco, the world’s largest… Continue reading Saudi reroutes oil as Hormuz shuts, prices surge on war fears
Why Jetro deal makes Sysco stock a great long-term pick
Sysco (NYSE: SYY) is under pressure after the food distribution company announced a $29 billion acquisition of Jetro, the parent company of Restaurant Depot and a leader in the “cash and carry” wholesale segment. Investors are concerned mostly because of the massive price tag and the potential integration risks associated with such a transformative merger.… Continue reading Why Jetro deal makes Sysco stock a great long-term pick
Dow Jones rebounds 300 points as war tensions test markets, oil surges
US stocks opened higher on Monday, rebounding after sharp losses in the previous session, as investors reacted to fresh developments in the Middle East conflict and comments from Donald Trump on ongoing negotiations with Iran. The Dow Jones Industrial Average was up 333 points, or 0.74%, while the S&P 500 gained 0.63% and the Nasdaq… Continue reading Dow Jones rebounds 300 points as war tensions test markets, oil surges
Top stocks to watch this week: Tilray Brands, Nike, FactSet
The stock market will be on edge this week as investors continue focusing on the ongoing Iran war. This focus comes at a time when the Dow Jones, Nasdaq 100, and S&P 500 indices have plunged from their all-time highs. This article explores some of the top US stocks to watch this week, including companies… Continue reading Top stocks to watch this week: Tilray Brands, Nike, FactSet
HDFC Bank stock falls, but JPMorgan, Jefferies see valuation upside
Shares of HDFC Bank have come under sustained pressure this year, declining more than 26% and lagging both peers and the broader market, even as brokerages turn increasingly positive on the stock following the sharp correction. The recent underperformance has prompted global brokerage JPMorgan to upgrade the stock to “Overweight” from “Neutral”, citing a more… Continue reading HDFC Bank stock falls, but JPMorgan, Jefferies see valuation upside
FTSE 100 rises on miners, energy as Middle East tensions persist
London’s FTSE 100 rose on Monday, helped by gains in heavyweight miners and energy producers that offset weakness elsewhere. Firmer commodity prices supported the move, even as investors stayed cautious with the Middle East conflict entering its fifth week, Reuters reported. By 09:21 GMT, the blue-chip index was up 0.6%, while the FTSE 250 fell… Continue reading FTSE 100 rises on miners, energy as Middle East tensions persist
IQM lands over $57M from BlackRock ahead of $1.8B dual listing push
IQM Quantum Computers has secured €50 million ($57.64 million) in venture financing from funds and accounts managed by BlackRock, positioning the Finnish firm to accelerate its global expansion ahead of a planned dual listing in the US and Helsinki. Earlier this year, IQM outlined plans to go public via a merger with a special purpose… Continue reading IQM lands over $57M from BlackRock ahead of $1.8B dual listing push
