FDP
NYSE · Food Products
Fresh Del Monte Produce Inc
$27.44
-0.32 (-1.15%)
FDP News20 articles
Freshworks Holds Steady as AI Restructuring Test Looms in Q2
Freshworks shares held flat near $9.39 on heavy volume, as investors weigh AI restructuring costs and Freshservice focus ahead of Q2 results.
ServiceNow Slides as AI Software Rally Faces Fresh Doubts
ServiceNow shares dropped nearly 6% as software stocks broadly declined, challenging the sector's AI-fueled rebound. Despite strong Q1 earnings and bullish analyst calls, concerns over valuation and deal delays persist.
Wall Street Hits Fresh Peaks as AI Rally Broadens; HPE Surges After Earnings
S&P 500 and Nasdaq closed at all-time highs, led by Nvidia's 6.3% surge. HPE shares soared 36% after hours as revenue jumped 40% and guidance rose.
Bank of America Faces Fresh Test After Friday's Rebound
Bank of America shares ended the week down 0.4% at $51.60 despite a Friday bounce. CEO Moynihan sees Q2 trading revenue up 15% and NII at top of 6-8% range. Jobs report key for rates.
Dell's AI Surge Lifts Wall Street to Fresh Records Amid Inflation Concerns
Wall Street hit new intraday records as Dell surged 33% on raised AI server revenue targets, lifting hardware stocks. April PCE inflation rose 3.8% year-over-year, while Gap and American Eagle fell on weak forecasts.
Wall Street Mixed as Tech, Healthcare Lift S&P 500 and Nasdaq to Fresh Records
The S&P 500 and Nasdaq extended their record runs, driven by tech and healthcare stocks, as reports of a potential U.S.-Iran ceasefire lifted sentiment. The Dow edged lower, and inflation data remained elevated.
Wall Street Hits Fresh Peaks as AI Chip Trade Powers After-Hours Moves
The S&P 500 and Nasdaq closed at all-time highs Tuesday, driven by AI chip demand. Micron briefly hit $1 trillion market cap, Qualcomm surged on a ByteDance deal, and Zscaler dropped after weak revenue guidance.
Micron's AI-Driven Surge Lifts S&P 500 to Fresh Record
The S&P 500 hit a new record close, powered by Micron Technology's 19.3% jump on AI chip demand. The Nasdaq also rose, while the Dow slipped.
RBC Shares Hit Fresh 52-Week High Ahead of Q2 Earnings Report
RBC shares hit a 52-week high of C$257.91 on Wednesday, rising 1.99% to C$257.55, ahead of its Q2 earnings release on May 28.
Li Auto Stock Plunges on Tepid Reception to L9 SUV Refresh
Li Auto shares tumbled 14% in Hong Kong after investors reacted negatively to the launch of its refreshed L9 SUV, ahead of Q1 results and amid intense EV price competition.
S&P 500 and Nasdaq Hit Fresh Highs as AI Stocks Power Through Oil Shock
The S&P 500 and Nasdaq set new records Friday, powered by AI stocks and a stronger April jobs report. Nvidia gained 1.8%, while Micron and Sandisk surged over 15%.
McDonald's Enters Specialty Drink Wars with New Refresher and Craft Soda Lineup
McDonald's will introduce six specialty drinks, including Refreshers and crafted sodas, on May 6. The move aims to capture afternoon traffic and boost margins.
Kraft Heinz Faces Fresh Dividend Risk Ahead of May 6 Earnings
BofA Securities flagged Kraft Heinz for potential dividend cuts, while Morgan Stanley cut its price target to $22. Shares have dropped over 40% in three years.
London Shares Dip as Oil Rally and Fresh Tariff Threats Weigh on Sentiment
The FTSE 100 slipped 0.35% on Friday, pressured by rising oil prices above $105 and a new US tariff threat against the UK. Energy stocks gained, but Mondi fell sharply after a 27% profit drop.
XRP Gains on Fresh Capital Inflows and Ledger Privacy Enhancement
XRP advanced 2-3% to near $1.37, buoyed by $19.3 million in weekly inflows and a key ledger upgrade enabling private transactions for institutions.
Strategy Soars 11% on Fresh Bitcoin Purchase, Dividend Hike
Strategy Inc shares surged 11% Wednesday, mirroring a bitcoin rally above $72,000. The company disclosed a new $204.1 million bitcoin purchase funded by equity sales and increased its preferred dividend.
RELX Stock Gains on Fresh Buyback, Annual Report Release
RELX shares advanced as the company disclosed a new share repurchase and released its annual filings, highlighting ongoing buyback support and key operational challenges.
Lloyds Banking Group Announces Fresh Share Buyback Amid Market Focus on Capital Returns
Lloyds Banking Group has initiated a new share repurchase program, acquiring 10 million shares for cancellation, following a recent stock decline. Investors are assessing capital return plans and UK interest rate outlook ahead of the bank's annual report.
Tesco Expands London Footprint with Former Amazon Fresh Sites, Plans 70+ New Stores
Tesco has acquired five former Amazon Fresh locations in London, converting them to Express stores by summer. The retailer aims to open over 70 additional Express shops by March 2027.
Experian Shares Gain on Fresh Buyback Activity, Investors Eye May Results
Experian shares advanced in early London trading after the credit data firm disclosed purchasing 400,000 shares. The company has now bought back over 2 million shares under its $1 billion program.