Category: Blog
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Options Corner: A Poor Performance By Micron May Signal An Incoming Rebound
While computer memory specialist Micron Technology (NASDAQ:MU) fundamentally benefits from the surge in artificial intelligence — largely because of its high-performance memory and storage solutions — MU stock suffered a rude awakening recently. Last week, shares tumbled almost 15% following the company’s rather disappointing earnings report. Still, astute risk-takers may find upside opportunity in the…
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US Listed Chinese Stocks Gain on Stimulus Plans to Counter US Tariff Risks
U.S.-listed Chinese stocks Alibaba Group Holding (NYSE:BABA), JD.com, Inc (NASDAQ:JD), PDD Holdings Inc (NASDAQ:PDD), Baidu, Inc (NASDAQ:BIDU), NIO Inc (NYSE:NIO), Li Auto Inc (NASDAQ:LI), XPeng Inc (NYSE:XPEV) are trading higher Tuesday amid reports indicating China’s stimulus plans to deter potential U.S. tariffs. Chinese e-commerce juggernaut Alibaba is considered the barometer for China’s tech sector. Reuters…
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Diana Shipping Inc. Announces Direct Continuation of Time Charter Contract for m/v Amphitrite
ATHENS, Greece, Dec. 24, 2024 (GLOBE NEWSWIRE) — Diana Shipping Inc. (NYSE:DSX), (the “Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has extended the time charter contract with Cobelfret S.A., Luxembourg, for one of its Post-Panamax dry bulk…
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Lockheed Martin Secures $3.37 Billion F-35 Contract And More
On Monday, Lockheed Martin Corp (NYSE:LMT) secured several major defense contracts, solidifying its role as a key player in U.S. military and allied operations. The company received a $3.37 billion modification to an existing agreement, expanding logistics support for the F-35 Lightning II Joint Strike Fighter program. This initiative encompasses ground maintenance, pilot training, supply…
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Brazil Authorities Halt Work At BYD Factory Site After Workers Found In ‘Slavery’ Like Conditions
Brazilian authorities said on Monday that they have halted the construction of the plant that Chinese EV giant BYD Co Ltd. (OTC:BYDDY) is building in Salvador, Bahia after finding workers living and working in conditions analogous to “slavery.” What Happened: Authorities ordered that the construction of the factory in Bahia be stopped after rescuing 163…
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NeueHealth, Limoneira And 3 Stocks To Watch Heading Into Tuesday
With U.S. stock futures trading slightly higher this morning on Tuesday, some of the stocks that may grab investor focus today are as follows: NeueHealth, Inc. (NYSE:NEUE) announced it has entered into a definitive merger to be acquired for $7.33 per share. NeueHealth shares surged 64.7% to $7.10 in premarket trading. SIFCO Industries, Inc. (NYSE:SIF)…
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Earnings Scheduled For December 24, 2024
Companies Reporting Before The Bell Companies Reporting After The Bell This article … Full story available on Benzinga.com
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CAS and PetroChina Shanghai Advanced Materials Research Institute announce a collaboration to accelerate new materials discovery and innovation
SHANGHAI and COLUMBUS, Ohio, Dec. 23, 2024 /PRNewswire/ — CAS, a division of the American Chemical Society specializing in scientific knowledge management, and PetroChina Shanghai Advanced Materials Research Institute Co., Ltd, a subsidiary of the world’s third largest oil company, China National Petroleum Corporation (CNPC), are collaborating for use of the CAS SciFinder Discovery Platform™ to…
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AltaGas Provides Year-end Update on Global Exports Tolling and Commercial Contracting
CALGARY, AB, Dec. 23, 2024 /CNW/ – AltaGas Ltd. (“AltaGas” or the “Company”) (TSX:ALA) is pleased to provide a year-end update on global exports tolling and commercial contracting activities. One of the Company’s strategic priorities is to advance commercial de-risking of our Midstream business with increased global exports tolling and additional long-term commercial contracting across the…
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Mercury Wins New Development Program That Leverages Its Common Processing Architecture
ANDOVER, Mass., Dec. 23, 2024 (GLOBE NEWSWIRE) — Mercury Systems, Inc. (NASDAQ:MRCY, www.mrcy.com)), a technology company that delivers mission-critical processing power to the edge, today announced it was awarded a two-year, $17 million development contract from a U.S. defense prime contractor for a program that leverages its Common Processing Architecture. For this follow-on program, Mercury…