Today’s stock market news highlighted several significant developments impacting various industries, with key companies making headlines with strategic advancements and remarkable financial performances.
- Neustark secured BLK $69 million in funding to expand its carbon removal solutions globally, aiming to capture 1 million tons of CO2 by 2030. Read More
- AliExpress, under BABA, launched a global advertising campaign for the upcoming Olympic Games Paris 2024, aiming to enhance engagement in sports. Read More
- Carnival Corporation reported record revenues and operating income for Q2 2024, raising full-year guidance following a net income improvement of nearly $500 million. Read More
- FedEx announced a full-year diluted EPS of $17.21, aided by $2.2 billion in DRIVE cost savings, and revealed plans for further optimization of operations. Read More
- ExxonMobil signed a deal with SK On to supply up to 100,000 metric tons of Mobil™ Lithium, supporting U.S. EV battery manufacturing in a bid to enhance domestic lithium production. Read More
- Rivian and the Volkswagen Group announced a joint venture focused on developing software-defined vehicle technology, with an initial investment of $1 billion from Volkswagen. Read More
These announcements underscore ongoing trends in sustainable practices, strategic collaborations, and robust financial health across sectors, signaling dynamic shifts within the stock market landscape.
