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06/05/2026
JPMorgan Chase has raised its target price for ADM from $65 to $74.
Latest
2 m ago
Furui: EBITDA of Budweiser APAC (01876) in the first quarter exceeds expectations, rated as "Buy"
4 m ago
Former Visa Asia-Pacific executive Zheng Weiyong joins Move Card (09923) YeahPay.
5 m ago
OpenAI President, Brockman: By 2026, computing expenses will reach $50 billion, and investment in AI infrastructure will continue to soar.
5 m ago
The president and CEO of the leading optoelectronics company Lumentum (LITE.O), Michael Hurlston, stated that Lumentum's performance in the third quarter was outstanding, with a 90% year-on-year increase in revenue, reaching a historical high of $808 million. While the revenue growth continues to grab headlines, what is more impressive recently is the improvement in profit margins. The gross margin in the third quarter increased by 540 basis points quarter-on-quarter, and the operating profit margin increased by 700 basis points. The improvement in profit margins is due to various factors. With key growth drivers such as co-packaged optical devices and optical path switches starting to play a role, it is expected that profitability will further increase. Hurlston mentioned that the company's orders are already filled up to 2028, as the demand for components required to connect GPU clusters is growing much faster than the production speed of supplies.
6 m ago
Cuban Foreign Minister refutes US Secretary of State's claim that "Cuba has not been subjected to an oil blockade".
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