From pandemic shutdowns to geopolitical tensions, recent years have thrown our global supply chains into unexpected chaos. This turbulent period has taught both governments and organizations a crucial lesson: supply chain excellence depends not just on efficiency but on the ability to navigate disruptions through strategic risk management. By leveragingContinue Reading
Olemedia/E+ via Getty Images Albemarle (NYSE:ALB) +1% in Thursday’s trading despite a downgrade from Wells Fargo, which lowers shares to Equal Weight from Overweight with a $100 price target, cut from $145, even after recently dropping to nearly four-year lows. Wells Fargo analyst Michael Sison says confidence in his earningsContinue Reading
Sundry Photography/iStock Editorial via Getty Images Prelude Therapeutics (NASDAQ:PRLD) has forged a deal with Merck (NYSE:MRK) to test its investigational SMARCA2 degrader in combination with the latter’s blockbuster anti-PD-1 therapy, Keytruda (pembrolizumab), in patients with SMARCA4-mutated cancers. Shares of Prelude Therapeutics (PRLD) climbed as much as 28% following the news.Continue Reading
SlavkoSereda/iStock via Getty Images Crude oil futures fell Monday after Hurricane Beryl hit Texas and weakened to a tropical storm, with little apparent impact on refining activity and limited effects on offshore production. But while Beryl is unlikely to cause significant interruptions in fuel supply, heavy rains and flooding inContinue Reading
FeelPic Gold prices (XAUUSD:CUR) ticked lower on Tuesday, pressured by a firmer U.S. dollar index (DXY), while oil prices edged up on hopes of better demand during summer and rising geopolitical tensions. A strong dollar causes the gold price to rise in other currencies, leading to selling pressure, while higherContinue Reading
SlavkoSereda/iStock via Getty Images Crude oil futures climbed ~2% to two-month highs Monday in anticipation of rising demand in the Northern Hemisphere’s summer driving season and worries that conflict in the Middle East could spread and reduce global oil supplies. A drone attack from Hezbollah injured 18 Israeli soldiers onContinue Reading
magicflute002/iStock via Getty Images Cocoa futures (CC1:COM) ticked lower on Friday, set for their third-straight weekly fall, and biggest monthly drop in at least a year, as improved weather conditions in the key growing region in West Africa calmed supply fears, following a meteoric rise in prices recently. The mostContinue Reading
Alexander Farnsworth Tractor Supply (NASDAQ:TSCO) is pulling back its “woke” policies that it said were unpopular with its customers, after facing weeks of backlash on social media. The farm supply retail chain will eliminate all diversity, equity and inclusion roles and retire its current DEI goals. It will also ditchContinue Reading
CHUNYIP WONG/E+ via Getty Images Sempra (NYSE:SRE) said Wednesday it signed a non-binding heads of agreement to supply Saudi Aramco (ARMCO) with 5M metric tons/year of liquefied natural gas from the Port Arthur LNG Phase 2 expansion project for 20 years. Sempra (SRE) said the HoA also contemplates Aramco’s (ARMCO)Continue Reading
