Huy Fong Foods’ sriracha shortage has been ongoing for three years. Here’s why it could have been prevented
Huy Fong Foods blames weather conditions for the shortage of its sauces. The company’s former supplier says it could have kept up with demand.
Trump decides to snub the first GOP debate in favor of an interview with Tucker Carlson
The former president had been hinting that he might forgo the Wednesday night debate with his 2024 GOP rivals.
It may be tough for Apple to outperform from here, says top tech analyst
The analyst thinks some other Big Tech names look more attractive than Apple moving forward.
Bitcoin breaks below $26,000, posts worst week since May
Bitcoin is down more than 11.5% this week and on pace for its seventh weekly loss in the past eight, and its worst week since mid-May.
Bank of America calls this transportation stock a great turnaround story with ‘significant upside’
This school bus manufacturer stock still has “significant upside” ahead after already adding more than 91% from the start of the year, Bank of America says.
Citi says this high-flying Brazilian stock can rally another 30% from here
Analyst Rafael Frade upgraded the Brazilian company — whose “super app” combines e-commerce, investing and other services — to buy from neutral.
Stock markets face a ‘perfect storm’ as high rates and China fears bite, analysts warn
Stock markets were hit with a “perfect storm” this week as concerns about a Chinese economic slowdown and persistently higher U.S. interest rates rattled global sentiment.
Xpeng shares drop 7% after the Chinese electric car maker posts a record quarterly loss
The Chinese electric car maker’s troubles continued with Friday results showing a wider-than-expected loss in the second quarter.
Sea pivoted to growth over profits as it faced rising competition from TikTok, Lazada, analysts say
Just months ago, Sea overhauled its business to focus on profitability amid high inflation and interest rates.
