StockTok Wire

StockTok’s daily headlines and financial news driving the broader market

Analysis-Hamas’ tight grip on Gaza complicates plan for lasting peace By Reuters

By Nidal al-Mughrabi CAIRO (Reuters) – In neighbourhoods levelled by 15 months of war with Israel, Hamas officials are overseeing the clearance of rubble in the wake of Sunday’s ceasefire. The group’s gunmen are guarding aid convoys on Gaza’s dusty roads, and its blue-uniformed police once again patrol city streets, sending a clear message: Hamas […]

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Barry Callebaut posts lower volumes amid soaring cocoa prices By Reuters

(Reuters) -Chocolate maker and cocoa processor Barry Callebaut on Wednesday reported a lower sales volume than expected for its first quarter, hit by customer-retailer pricing negotiations and delayed orders amidst record high cocoa prices. The Switzerland-based group, which supplies chocolate for Unilever (LON:)’s soon-to-be-spun-off Magnum ice creams and Nestle (NSE:)’s KitKat bars, said its sales

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Moderna (MRNA) to Boost mRNA Portfolio With OriCiro Buyout

ModernaMRNAannounced that it entered a definitive agreement to acquire Japan-based OriCiro Genomics (“OriCiro”) for $85 million. The acquisition of OriCiro looks like a strategic fit for Moderna, as the company is focused on expanding and boosting its mRNA-manufacturing capabilities. It expects OriCiro’s proprietary technologies to support its portfolio of mRNA-based therapeutics and vaccines. OriCiro is

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Oil prices steady as investors debate Trump 2.0 policies By Reuters

By Arathy Somasekhar (Reuters) – Oil prices were little changed in early trading on Wednesday as markets weighed U.S. President Donald Trump’s declaration of a national energy emergency on his first day in office and its impact on supply. futures eased 3 cents, to $79.26 per barrel, while U.S. West Texas Intermediate crude futures (WTI)

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Trump escalates campaign to dismantle government diversity programs By Reuters

By Daniel Trotta (Reuters) -U.S. President Donald Trump escalated his assault on diversity programs on Tuesday by pressuring the private sector to join the initiative, ordering aviation officials to review diversity hires and telling employees of DEI government offices and programs they would be placed on paid leave. The measures come one day after Trump

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