Connect with us
https://tickernews.co/wp-content/uploads/2023/10/AmEx-Thought-Leaders.jpg

Money

Ben & Jerry’s to continue business in Israel

Published

on

Ben & Jerry's

Ben & Jerry’s parent company, Unilever has sold its business in Israel to a local licensee

The undisclosed deal will allow Ben & Jerry’s to be sold in Israel but will be distributed under its Arabic and Hebrew name.

Ben & Jerry’s is unhappy with the decision as it says it goes against its social justice values and support for Palestine.

The business was sold to Avi Zinger who owns American Quality Products.

It comes after the ice cream company last year announced it will no longer market their products in Israeli-occupied Palestinian regions.

Unilever, which does not support the BDS movement which aims to boycott, divest and sanction businesses that operate in Israel, have the final say on all operational and financial decisions. 

“Unilever rejects completely and repudiates unequivocally any form of discrimination or intolerance. Antisemitism has no place in any society. We have never expressed any support for the Boycott, Divestment, Sanctions (BDS) movement and have no intention of changing that position.”

Unilever

Israel’s foreign minister Yair Lapid says it’s “a shameful capitulation to antisemitism”.

Ben & Jerry’s is firm on their opinion and say they will not do business in illegal settlements.

The company says that without its recognised social justice values, “it’s just a pint of ice cream”.

Katerina Kostakos contributed to this article.

Money

S&P 500 dips as tech stocks struggle with AMD leading losses

S&P 500 declines as tech stocks sell off; AMD plummets, Microsoft stable, investors eye Alphabet’s upcoming earnings report.

Published

on

S&P 500 declines as tech stocks sell off; AMD plummets, Microsoft stable, investors eye Alphabet’s upcoming earnings report.

The S&P 500 fell as technology stocks faced intense selling pressure, dragging the broader market lower. AMD shares were particularly hard hit, falling 17% after its first-quarter forecast disappointed analysts.

Software names including Oracle and CrowdStrike also struggled, although Microsoft found some stability amid the sell-off.

Investors are now focused on Alphabet, which is set to report earnings after the bell Wednesday.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker


Download the Ticker app

Continue Reading

Money

AI rattles finance stocks as markets react to disruption fears

AI sparks uncertainty in financial markets, causing sell-offs; leaders see potential, but investor nerves grow amid volatility.

Published

on

AI sparks uncertainty in financial markets, causing sell-offs; leaders see potential, but investor nerves grow amid volatility.


Artificial intelligence is being seen as a growing threat to the financial services sector, with markets reacting fast. Several financial firms suffered sharp share price drops after Anthropic unveiled new AI tools, sparking fears of widespread disruption across data, analytics and market infrastructure.

The selloff quickly spread beyond financial services, hitting software and outsourcing companies as investors questioned the future of jobs and professional roles in an AI-driven economy. The volatility reflects deep uncertainty over how quickly AI could reshape entire industries.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker


Download the Ticker app

Continue Reading

Money

AI funding surge: How Nvidia and Oracle are reshaping capital markets

AI infrastructure revolutionizes capital raising, with Nvidia, OpenAI, and Oracle leading; explore funding shifts and future impacts.

Published

on

AI infrastructure revolutionizes capital raising, with Nvidia, OpenAI, and Oracle leading; explore funding shifts and future impacts.


The AI infrastructure boom is transforming how companies raise capital, with Nvidia and OpenAI leading the charge. Explore the shifts in funding frameworks and what they mean for the future of AI investment.

Oracle is aiming to raise $45 to $50 billion, signalling confidence in the growing AI market. We break down how e

Equity issuance, bond deals, and circular financing are influencing long-term infrastructure development.

Despite rapid growth in AI usage, monetisation challenges remain beyond 2027.

Brad Gastwirth from Circular Technologies explains why financing won’t be a bottleneck and what traditional structures mean for the evolving AI landscape.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

#AIInvestment #Nvidia #Oracle #OpenAI #TechFinance #AIInfrastructure #CapitalMarkets #FutureOfAI


Download the Ticker app

Continue Reading

Trending Now