Cocoa prices are soaring to record levels. What it means for consumers and why ‘the worst is still yet to come’
Cocoa has more than tripled in cost over the past year and is up 129% in 2024.
This chip stock is mounting another attempt at a breakout, according to the charts
The ARM daily chart shows an incredible uptrend since that 2023 IPO
Apple announces its big annual conference, where it could reveal its AI strategy
Apple typically reveals the latest versions of its iPhone, iPad, Mac and Apple TV software at WWDC via a “keynote” video on the first day, led by CEO Tim Cook.
Trump is selling $60 Bibles with ‘God Bless the U.S.A.’ singer Lee Greenwood
The Donald Trump and Lee Greenwood partnership comes as the GOP presidential nominee has seen his net worth explode by billions of dollars on paper.
Logistics companies scramble after bridge collapse closes Port of Baltimore until further notice
Baltimore’s Francis Scott Key Bridge collapsed after the 10,000 container-capacity vessel Dali collided with a bridge pillar. Rescue efforts are underway.
Reddit could fall nearly 10% from here as momentum from strong IPO fades, New Street Research says
Reddit stock could face volatility in the near term, according to New Street Research.
Nigeria’s central bank hikes interest rate to 24.75% as it battles sky-high inflation, currency crisis
The Central Bank of Nigeria on Tuesday hiked its key interest rate by 200 basis points, as Africa’s largest economy looks to recover from a historic currency crisis and soaring inflation.
Cocoa prices hit $10,000 per metric ton for the first time ever
Cocoa prices reached a record on Tuesday as high demand and supply constraints fuel prices higher.
Alibaba scraps IPO of logistics unit Cainiao, says it will take full ownership
Alibaba said Tuesday it is cancelling the proposed initial public offering of its Cainiao smart logistics unit.
CNBC Daily Open: Inflation isn’t coming down fast enough
Inflation in the U.S. isn’t coming down fast enough as price pressures within the economy persistently linger.
