Peach_iStock McCormick & Company (NYSE:MKC) reported sales fell 1.2% year-over-year to $1.64 billion in Q2, with minimal impact from currency. The decline includes the impact of the company’s strategic decision to divest a small canning business and reflects a 1% volume decline attributable to lower customer demand and the timingContinue Reading
Petrovich9/iStock via Getty Images AeroVironment’s (NASDAQ:AVAV) stock fell 6.6% in extended trading Wednesday after the maker of military drones and unmanned vehicles reported a steep decline in earnings while still beating the average estimate among Wall Street analysts. Earnings adjusted for one-item items fell 57% from a year earlier toContinue Reading
da-kuk/E+ via Getty Images Short interest in the S&P 500 Trust ETF (NYSEARCA:SPY) and the Nasdaq 100 (NASDAQ:QQQM) has reached a record low. There has been a steady decline in the short interest on the two biggest ETFs since the second quarter of 2023, according to a J.P. Morgan GlobalContinue Reading
U.Today – Here is a summary of the top three news stories over the past day, presented to you by U.Today. More than 140,000 BTC from Mt. Gox hack to be repaid: Market effect According to a recent notice issued by Mt. Gox, it will start repayments in and toContinue Reading
NiseriN/iStock via Getty Images Murphy Oil (NYSE:MUR) CEO Roger Jenkins said he hopes the company will drill its first well offshore Côte d’Ivoire in summer 2025, pending the completion of talks with government officials, Oil & Gas Journal reported Monday. Jenkins reportedly told last week’s J.P. Morgan 2024 Energy, PowerContinue Reading
AndreyPopov/iStock via Getty Images Job losses across the tech sector have nearly reached 100,000 year to date, according to the tracker Layoffs.fyi. While the rate of layoffs in the global tech sector is not as rampant as it was last year, it is outpacing layoff rates from 2022. More thanContinue Reading
U.Today – Samson Mow, permanent $1 million advocate and chief executive officer at BTC adoption-focused company Jan3, has made another bullish BTC statement. Mow has shared his prediction that the world’s flagship cryptocurrency will finally reach one million in the year 2025. Mow tweeted that Bitcoin is likely to skyrocket,Continue Reading
