Broadcom shares rocketed higher Friday, a day after the company’s fiscal fourth-quarter results topped expectations, leading several analysts to raise their price targets.
Malaysia's palm oil production is set to fall for the fourth consecutive month in December as heavy rainfall hit harvesting in the world's second-largest producer of the tropical oil, the industry regulator told Reuters on Friday. Lower output in Malaysia would curb inventories in the country and further boost benchmark futures, which are already near their highest levels in about 2-1/2 years. "We estimate a potential reduction of around 5% to 8% in crude palm oil (CPO) production under normal circumstances," Ahmad Parveez Ghulam Kadir, director-general at the Malaysian Palm Oil Board (MPOB) said.
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The record trading activity on HyperLiquid's perpetuals market is characrterized by users recently leaning more toward ether than bitcoin.
Apple shares have firmly outperformed the S&P 500 and the Nasdaq since its artificial intelligence event in early June.
C.H. Robinson had its first investors day in seven years, and the audience liked what it heard. The post C.H. Robinson speaks to investors – and Wall Street’s support soars anew appeared first on FreightWaves.
Penn Entertainment shares surged Friday after JPMorgan upgraded the casino operator's stock, anticipating growth as its investments begin to pay off.
Broadcom (AVGO) has surpassed the $1 trillion market cap for the first time after it reported a 220% jump in artificial intelligence revenue.
Shares of Broadcom soared on Friday, launching the chipmaker into the small club of public companies worth more than $1 trillion.
In a joint venture with Capstone Equities, Leyad acquired Ink48 Hotel as the firm looks to expand in “prime urban markets,” per CEO Henry Zavriyev.
