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JBS to Close Pennsylvania Beef Plant Amid Cattle Shortage
JBS NV is closing a beef plant in Pennsylvania, in the latest sign of pressures meatpackers are facing amid a severe US cattle shortage. In addition to the beef production facility in Souderton, Pennsylvania, the world’s largest meat supplier also said it is closing a...
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JBS to Close Pennsylvania Beef Plant Amid Cattle Shortage
JBS NV is closing a beef plant in Pennsylvania, in the latest sign of pressures meatpackers are facing amid a severe US cattle shortage. In addition to the beef production facility in Souderton, Pennsylvania, the world’s largest meat supplier also said it is closing a...
What Stock Traders Can Expect From SpaceX’s Trading Debut
Investors will soon have a sense of how SpaceX shares will perform after the largest initial public offering ever — but they may need to wait several hours to get in on the trading action. Shares of the rocket, satellite internet and artificial intelligence giant will...
SpaceX Treated as ‘Simply Too Risky’ for Funds With Governance Mandates
The list of sustainability-focused fund managers opting to blacklist SpaceX is growing, as they contemplate the unprecedented level of control that Elon Musk will hold over the rockets-to-chatbot behemoth. “It’s simply too, too risky for the type of longevity we want...
Hedge Funds Are Split Over How to Trade This AI-Fueled Market
Even hedge funds are divided about whether to ride the artificial intelligence wave or position for a nasty stock-market correction. Andreas Halvorsen’s Viking Global Investors, which manages more than $50 billion, is among the cautious few. He recently told investors...
Chanos Bearish on SpaceX Valuation Fueled by ‘Hopes and Dreams’
Veteran short seller James Chanos said SpaceX’s blockbuster public debut is being driven more by investor enthusiasm for Elon Musk and artificial intelligence than by financial fundamentals, arguing the company’s valuation is difficult to justify on any reasonable...
Tech Stocks Sink as Oil Jumps on US-Iran Jitters: Markets Wrap
Wall Street was rattled by a renewed selloff in some of the world’s largest technology companies, with stocks also falling as a flare-up in geopolitical tensions lifted oil prices. Those worries drove the S&P 500 to a five-week low, with the benchmark dropping...
Humaniod robotics company raises up to $1.4 billion from Nvidia, Amazon and others
German company Neura Robotics has raised a round of up to $1.4 billion, the company said on Wednesday. U.S. tech giants including Tether, Qualcomm, Amazon and Nvidia all participated in the round. Robotics companies have raised $55.8 billion so far in 2026, according...
Private Equity Faces Reckoning With Struggle to Clear Buyout Backlog
A “constipated” private equity industry must compromise on price to shift assets built up in the boom era, and some buyout houses could disappear altogether, senior executives say. The reckoning is one of several major challenges confronting private markets as...
NYC Pensions Boss Says SpaceX’s Disregard for Shareholders Has ‘No Precedent’
New York City Comptroller Mark Levine says the unprecedented control that Elon Musk will have over SpaceX represents a new level of disregard for regular shareholders’ rights. “I understand that we are in an era of founders wanting more control,” Levine said in an...
AI Selloff a ‘Wake-Up Call’ for Investors, Wells Fargo Says
Friday’s technology-driven selloff was a “wake-up call” for investors, according to Wells Fargo & Co., which said it has highlighted the risks of piling into the artificial-intelligence trade. As a result, analyst Ohsung Kwon said the “sugar rush” behind the...






