FactoryTh/iStock via Getty Images Southern Copper (NYSE:SCCO) likely will finish building its Tia Maria copper project in southern Peru within two years and begin production in 2027 and possibly sooner, CEO Oscar Gonzalez said Monday, according to Reuters. Citing an internal document, Reuters reported over the weekend that the long-postponedContinue Reading
tondone/iStock via Getty Images Generative artificial intelligence will affect online consumer habits across a wide range of subsectors, including digital advertising, eCommerce, cloud computing, online travel, entertainment, education technology and online dating, according to a deep dive by Goldman Sachs. Initially, large-scale cloud providers might benefit the most from theContinue Reading
suman bhaumik/iStock via Getty Images India is expected to see billions of dollars of foreign inflows as its government bonds debuted on JPMorgan Chase’s (NYSE:JPM) emerging market index on Friday. The inclusion marks the first time that Indian government bonds have been added to a benchmark index. The bonds willContinue Reading
KeithBinns/E+ via Getty Images Astera Labs (NASDAQ:ALAB) plans to expand operations to India, the new site to be opened in Bangalore later this year will tap into the region’s engineering talent and establish a robust pipeline of interconnect technologies that enable AI architectures throughout the data center. “As a thrivingContinue Reading
There’s a low bar for Nike’s (NYSE:NKE) FQ4 results after the close on Thursday and the stock’s performance reflects investors’ lack of enthusiasm for the stock given anemic innovation versus rivals and emerging popularity of brands like Adidas (ADDYY, ADDDF), HOKA (DECK) and On (ONON), all of which continue toContinue Reading
Telos (NASDAQ:TLS) is set to join the Russell 3000® Index at the conclusion of the 2024 Russell U.S. Indexes annual reconstitution, effective on July 1, 2024. “The addition of Telos to the Russell 3000 Index provides the opportunity to further increase our institutional ownership and is a reflection of theContinue Reading
designer491 The Ontario Securities Commission Tribunal will hold a hearing on Thursday to consider Riot Platforms’ (NASDAQ:RIOT) application seeking interim and/or permanent cease trade orders regarding Bitfarm’s (NASDAQ:BITF) shareholder rights plan, the agency said on Tuesday. A first case management hearing will be held on June 27, 2024, at 10:30Continue Reading
Veni Equities will need a jolt from either the economy or the bond market to see more trading breadth, according to Morgan Stanley strategist Mike Wilson. The “ongoing policy mix of heavy fiscal spending and tight interest rate policy is crowding out many companies and consumers in a way thatContinue Reading
MixMedia/E+ via Getty Images “Inside Out 2” sold an estimated $100 million of tickets in its second weekend, setting a record for an animated movie, according to data compiled by researcher Comscore. The previous record for a second-weekend haul was $92 million for “The Super Mario Bros. Movie.” Since openingContinue Reading
