Cal-Maine Foods, Inc. (NASDAQ:CALM) stock rose Wednesday after the egg producer delivered a second-quarter earnings beat, easing investor concerns over falling egg prices even as revenue and profitability slid sharply year over year. The company reported second-quarter earnings per share…
KBR Inc. (NYSE:KBR) announced on Wednesday that it has been awarded a seat on the Missile Defense Agency's Scalable Homeland Innovative Enterprise Layered Defense (SHIELD) multiple-award, indefinite delivery, indefinite quantity contract, a program with a ceiling value of $151 billion.…
Gainers Symbol Name Price Change ($) Change (%) Volume (NYSE:XLE) State Street Energy Select Sector SPDR ETF 45.800 0.160 0.35 217.7K (NYSE:XLB) State Street Materials Select Sector SPDR ETF 47.640 0.140 0.29 3.1K (NYSE:XLV) State Street Health Care Select Sector…
BP p.l.c. (NYSE:BP) shares are trading lower premarket on Wednesday. The company disclosed a 50:50 joint venture with Corteva, Inc. (NYSE:CTVA) to produce crop-based oils from canola, mustard, and sunflower for sustainable aviation fuel (SAF) and renewable diesel (RD). The…
U.S. stock futures were mixed this morning, with the Dow futures gaining around 0.1% on Wednesday. Shares of Bright Minds Biosciences Inc (NASDAQ:DRUG) fell sharply in pre-market trading after the company announced the launch of a $100 million public offering.…
MSC Industrial Direct Co. (NYSE:MSM) stock slipped Wednesday despite the industrial distributor posting a first-quarter earnings and revenue beat, as investors focused on softer near-term margin guidance and a cautious operating outlook that tempered the strength of its results. The company…
China rolled out sweeping new rules on Wednesday to rein in aggressive competition in e-commerce, banning major platforms such as Alibaba Group Holding Ltd. (NYSE:BABA) from forcing online merchants into promotions or deep discounts. The regulations, which take effect in…
Sen. John Fetterman (D-Pa.) broke ranks with much of his party on Tuesday, publicly backing the U.S. military's operation to remove Venezuelan President Nicolás Maduro. In a post on X, the politician lauded the "deft" execution of the plan and…
Infosys Limited (NYSE:INFY) on Wednesday disclosed a strategic collaboration with Amazon.com Inc.’s (NASDAQ:AMZN) cloud computing arm, Amazon Web Services (AWS), to accelerate enterprise adoption of generative AI. AWS Topaz Solutions The partnership will integrate Infosys’ Topaz AI-first services and solutions…
The arrest of the Venezuelan President Nicolas Maduro brought the seemingly forgotten oil sector into the spotlight. Yet, West Texas Oil (WTI) failed to reverse meaningfully, erasing Monday’s 2% gain and closing at $57 per barrel on Tuesday. “It is…