Wed, Oct 30, 2024 9:13 AM
Large-caps likely to outperform mid- & small-caps in Samvat 2081
A Flip by Avya Verma
Bunge exceeded Wall Street expectations for Q3 profit, driven by increased volumes in grain trading and oilseed processing, which offset lower margins. The company reiterated its full-year adjusted profit forecast of $9.25 per share, citing the current margin environment and loss of income from a joint venture sale.
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EY has launched EY Competitive Edge, a cloud-based intelligence platform that aims to provide real-time, tailored insights into markets, companies, and sectors. The platform leverages generative AI technology and multiple data sources to deliver insights to EY teams and clients. EY Competitive Edge combines EY's intellectual property with various external data sources, including company reports.
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Chinese investors are jumping into a little-known stock whose name sounds like “Trump wins big” less than a week before the US presidential election. Shares of Wisesoft Co., whose Chinese name “Chuan Da Zhi Sheng” sounds like “Trump wins big” to Mandarin speakers, surged by the daily limit for a third day, bringing gains this week to more than 30% despite weakness in the broader market.
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