Michael M. Santiago/Getty Images News In a somewhat surprise move, Mobileye Global (NASDAQ:MBLY) has traded with positive conviction since the busted spin-out from Intel (INTC). The chip giant once expected a $50 billion valuation for Mobileye, yet the IPO price was only $17 billion while Wall Street is now ironically […]
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Shell’s Flagship LNG Trading Division Made Big Loss In Q3
Shell Plc’s (NYSE: SHEL) flagship LNG trading division reported a loss of nearly $1B, sources have revealed to Reuters. The loss is attributed to serious whiplash after the company’s LNG traders were caught flat-footed by the surge in natural gas prices following Russia’s gas supply cuts to Europe. The latest […]
SunOpta: Business Is Getting Better, But Not Enough To Change The Picture (TSX:SOY:CA)
Inna Dodor/iStock via Getty Images Food and beverage are incredibly common these days, ranging from very small ones with niche markets, to global providers with vast portfolios. One trend that has really taken off is the emphasis on plant and fruit-based items. One company that does this well by offering […]