Category: Include on Menu
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Marriott and Coca-Cola announce global beverage partnership (MAR)
Coca-Cola to become Marriott’s worldwide beverage supplier Marriott International (NASDAQ:MAR) and The Coca-Cola Company (NYSE:KO) have entered into a global beverage supply agreement that will see Coca-Cola products introduced across Marriott’s worldwide hotel portfolio. According to a joint announcement released on July 1, 2026, Coca-Cola will become Marriott’s global beverage partner across multiple categories, including…
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MSC Industrial shares jump after third-quarter earnings top expectations (MSM)
Strong quarterly results drive double-digit share price gain Shares of MSC Industrial Supply Co. (NYSE:MSM) climbed more than 10% in pre-market trading on Wednesday after the industrial distributor delivered third-quarter results that comfortably exceeded Wall Street expectations, supported by stronger operational execution. For the fiscal third quarter ended May 30, 2026, the company reported adjusted…
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Alcoa shares fall after announcing $4.1bn acquisition of South32 assets (AA)
Alcoa expands upstream portfolio with major South32 deal Shares of Alcoa Corporation (NYSE:AA) declined nearly 5% in pre-market trading on Wednesday after the aluminium producer agreed to acquire South32’s bauxite, alumina and aluminium operations in a transaction valued at $4.1 billion. The acquisition includes South32’s stakes in the Boddington bauxite mine and Worsley alumina refinery…
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General Mills tops quarterly expectations despite cautious FY2027 outlook
Fourth-quarter earnings beat forecasts General Mills Inc. (NYSE:GIS) reported stronger-than-expected fourth-quarter results on Wednesday, beating Wall Street forecasts for both earnings and revenue, although its guidance for fiscal 2027 came in below analyst expectations. Shares of the food manufacturer rose more than 4% in pre-market trading following the earnings release. Adjusted earnings per share for…
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Meta shares jump on plans to commercialise excess AI computing capacity
Report says Meta is preparing a move into cloud infrastructure Shares of Meta Platforms (NASDAQ:META) climbed as much as 8% on Wednesday after a Bloomberg report said the company is preparing to enter the cloud infrastructure market by offering customers access to surplus artificial intelligence computing resources. If launched, the initiative would place Meta in…
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General Motors shares rise after securing long-term Micron chip supply
GM strengthens semiconductor supply chain with Micron agreement Shares of General Motors (NYSE:GM) edged higher on Wednesday after the automaker unveiled a strategic partnership with Micron Technology (NASDAQ:MU) aimed at securing a long-term supply of memory and storage components for its vehicles. The Strategic Customer Agreement is designed to ensure GM has dependable access to…
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US private-sector hiring slows in June as ADP payrolls miss forecasts
Private payroll growth comes in below expectations Private-sector employment in the United States increased by 98,000 jobs in June, falling short of market expectations and pointing to a moderation in hiring momentum, according to figures released by payroll processor ADP. The latest report showed private payrolls rose by 98,000 last month, down from 122,000 in…
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Gold holds steady after recording its weakest quarterly performance in 13 years
Bullion stabilises as investors await Fed signals Gold prices traded little changed on Wednesday, finding some stability after suffering their steepest quarterly decline in more than a decade as rising expectations for higher U.S. interest rates weighed heavily on precious metals. Market participants are now looking ahead to remarks from Federal Reserve Chair Kevin Warsh…
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Cameco suspends Cigar Lake mining after acid plant outage disrupts ore processing
Production paused following equipment failure at McClean Lake Cameco (NYSE:CCJ) has temporarily halted mining activities at its Cigar Lake uranium operation in northern Saskatchewan after an equipment failure at Orano’s McClean Lake processing facility interrupted ore treatment. The disruption stems from a shutdown of the sulfuric acid plant at the McClean Lake mill, where uranium…
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Wedbush initiates SpaceX with Outperform rating, sees AI and Starlink driving long-term growth
Analyst sees SpaceX evolving into a leading hyperscaler Wedbush has launched coverage of Space Exploration Technologies Corp. (NASDAQ:SPCX) with an Outperform rating and a $190 price target, arguing that the company is uniquely positioned to become a major hyperscaler spanning satellite connectivity, space launches and artificial intelligence infrastructure. Analyst Dan Ives described SpaceX as “one…