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Stocks
Why Hershey Should Handle High Cocoa Prices Just Fine
Hershey (NYSE: HSY) is struggling today. One of the biggest problems is inflation, but not the kind that consumers dealt with coming out of the coronavirus pandemic. Cocoa prices are sky-high thanks to some unique dynamics in the cocoa market.Here's why cocoa prices are a near-term issue, but are hi...The Motley Fool
Feb 1, 2025
Commodities
Modi turns to India's vast middle class to revive growth in rough global year
India gives tax relief to boost spending power of middle classFiscal deficit for 2025-26 seen at 4.4% from 4.8% this yearMissions to boost farm productivity, manufacturing, exportsFDI limit in insurance sector raised to 100% from 74%Recasts; adds comments, stock move and backgroundsBy Nikunj Ohri, S...Reuters
Feb 1, 2025
Stocks
Prediction: President Donald Trump Is Going to Break His Social Security Promise -- and It's Absolutely the Right Decision
There isn't a social program in this country that's more important to the financial well-being of Americans than Social Security. In 2023, it singlehandedly pulled 22 million people above the federal poverty line, including 16.3 million adults aged 65 and above.More importantly, it's a program an ov...The Motley Fool
Feb 1, 2025
Commodities
INDIA BUDGET-India unveils long-term programmes to boost pulses, cotton output
By Rajendra Jadhav and Mayank BhardwajMUMBAI/NEW DELHI, Feb 1 (Reuters) - India will launch a six-year programme to boost the output of pulse crops by taking measures including directing state agencies to buy the staple at guaranteed prices, the finance minister said on Saturday, in a bid to cut rel...Reuters
Feb 1, 2025
Stocks
Verizon Sees a More Than $40 Billion AI Opportunity by 2030
Like most companies, Verizon Communications (NYSE: VZ) is looking at how it can best leverage the power of artificial intelligence (AI). The telecom giant is already using the technology to enhance the customer experience and drive efficiencies in its business. It sees an even greater market opportu...The Motley Fool
Feb 1, 2025
Other
Hamas hands over Israeli hostage Siegel to Red Cross at Gaza port
Feb 1 (Reuters) - Hamas handed over U.S.-Israeli dual national Keith Siegel, the last of the three hostages released on Saturday by the group, to the Red Cross at Gaza Port, live television footage showed.Yarden Bibas and Ofer Kalderon, a French-Israeli dual national, were handed over by Hamas earli...Reuters
Feb 1, 2025
Stocks
1 Index Fund to Buy Before It Soars 184%, According to Certain Wall Street Analysts
Goldman Sachs strategists set their 2025 target for the S&P 500 (SNPINDEX: ^GSPC) at 6,500. That implies about 6% upside in the remaining months of the year from its current level of 6,115, and 11% upside from where the index started in January. But their outlook is quite bleak beyond that point.Gol...The Motley Fool
Feb 1, 2025
Other
BRIEF-Li Auto Delivered 29,927 Vehicles In January 2025
Feb 1 (Reuters) - Li Auto Inc 2015.HK:LI AUTO INC: DELIVERED 29,927 VEHICLES IN JANUARY 2025LI AUTO INC: AS OF JANUARY 31, 2025, LI AUTO'S CUMULATIVE DELIVERIES REACHED 1,163,799Source text: ID:nGNX9vm53mFurther company coverage: 2015.HKReuters
Feb 1, 2025
Other
BRIEF-Aqua Pennsylvania Acquires Greenville Sanitary Authority Wastewater System In Mercer County
Essential Utilities Inc WTRG.N:AQUA PENNSYLVANIA ACQUIRES GREENVILLE SANITARY AUTHORITY WASTEWATER SYSTEM IN MERCER COUNTYESSENTIAL UTILITIES INC - AQUA PENNSYLVANIA FINALIZES $18 MILLION PURCHASE OF GREENVILLE SANITARY AUTHORITYSource text: ID:nBw1Q0dNTaFurther company coverage: WTRG.NReuters
Feb 1, 2025
Stocks
Tesla Stock vs. Palantir Stock: Billionaires Buy One and Sell the Other
Shares of Tesla (NASDAQ: TSLA) and Palantir Technologies (NASDAQ: PLTR) have advanced 109% and 385%, respectively, in the past year. But the billionaire hedge fund managers below bought the former and sold the latter in the third quarter.Ken Griffin of Citadel bought 1.1 million shares of Tesla, inc...The Motley Fool
Feb 1, 2025
Other
UAE's ADNOC confirms negotiations with Austria's OMV for new polyolefins JV
Feb 1 (Reuters) - Abu Dhabi National Oil Company (ADNOC) confirmed on Saturday negotiations with Austria's OMV OMVV.VI to set up a new global polyolefins group.It said in a statement negotiations to merge their Borouge and Borealis companies were going in a "constructive and positive manner&...Reuters
Feb 1, 2025
Other
BRIEF-Kia America Says January 2025 Sales Of 57,007 Total Units Marks 12% Increase Compared To Same Period Last Year
Feb 1 (Reuters) - Kia Corp 000270.KS:KIA AMERICA: JANUARY 2025 SALES OF 57,007 TOTAL UNITS MARKS A 12-PERCENT INCREASE COMPARED TO THE SAME PERIOD LAST YEARSource text: ID:nPn3d11taFurther company coverage: 000270.KSReuters
Feb 1, 2025
Cryptocurrencies
21Shares Bets On Polkadot, Files For Spot ETF With SEC
21Shares is taking a radical step in the crypto investment sector by submitting a spot Polkadot (DOT) exchange-traded fund (ETF) application to the US Securities and Exchange Commission (SEC). If given the green light, this ETF would enable investors to acquire direct exposure to Polkadot without th...NewsBTC
Feb 1, 2025
Other
INDIA BUDGET-India axes import tax on some smartphone parts in boost to Apple, Xiaomi
By Shivangi Acharya NEW DELHI, Feb 1 (Reuters) - India has removed import duties on some components key to producing mobile phones, Finance Minister Nirmala Sitharaman announced in the annual budget on Saturday, in a boost for local production efforts and benefiting firms such as Apple AAPL.O a...Reuters
Feb 1, 2025
Other
Tennis-Bublik drafts in ball boy during Montpellier loss to Kovacevic
Feb 1 (Reuters) - Trailing at 6-3 5-1 and with little hope of victory in his quarter-final meeting with Aleksandar Kovacevic at the Open Occitanie in Montpellier, a desperate Alexander Bublik sought the help of a bemused ball boy.Kazakh Bublik, considered one of the great entertainers in tennis for ...Reuters
Feb 1, 2025
Cryptocurrencies
Manchester Gang Convicted After Shocking Crypto Extortion Scheme Uncovered
A Manchester Crown Court has sentenced seven gang members for orchestrating a series of kidnappings, violent assaults, and cryptocurrency extortion schemes. Over several months, the group repeatedly targeted one individual, forcing him to transfer substantial amounts of cryptocurrency to their contr...Bitcoinist
Feb 1, 2025
Other
BRIEF-Hyundai Motor America Says January Sales Of 54,503 Units, A 15% Increase Compared With January 2024
Feb 1 (Reuters) - Hyundai Motor Co 005380.KS:HYUNDAI MOTOR AMERICA: JANUARY SALES OF 54,503 UNITS, A 15% INCREASE COMPARED WITH JANUARY 2024Further company coverage: 005380.KSReuters
Feb 1, 2025
Other
BRIEF-NIO Says 13,863 Vehicles Were Delivered In January 2025, Increasing By 37.9% Year-Over-Year
Feb 1 (Reuters) - NIO Inc 9866.HK:NIO INC. PROVIDES JANUARY 2025 DELIVERY UPDATENIO INC: 13,863 VEHICLES WERE DELIVERED IN JANUARY 2025, INCREASING BY 37.9% YEAR-OVER-YEARNIO INC: CUMULATIVE DELIVERIES REACHED 685,427 AS OF JANUARY 31, 2025Source text: ID:nGNX27xjbFFurther company coverage: 9866.HKReuters
Feb 1, 2025
