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US DOJ probes beef industry for antitrust amid record-high prices and market consolidation.

Market News
04 May 2026
Market Watch
View Source
Bearish
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Beef prices in the US have reached near-record highs due to factors like droughts, smaller cattle herds, and supply disruptions. The Department of Justice (DOJ) is investigating possible antitrust violations in the beef and cattle industries, as four companies control over 85% of beef processing. Acting Attorney General Todd Blanche indicated a settlement affecting prices of other meats like chicken, pork, and turkey will be announced soon. This probe could impact meat prices and industry practices going forward.

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Royal Unibrew expands share buy-back program to DKK 700m, repurchasing over 1 million shares.

Royal Unibrew expands share buy-back program to DKK 700m, repurchasing over 1 million shares.

Royal Unibrew increased its share buy-back program from DKK 400 million to DKK 700 million, repurchasing a total of 1,067,000 shares at an average price of DKK 458.58. The program, initiated on February 26, 2026, will run until August 14, 2026, with ...

Company Fundamentals
Bullish
57 minutes ago
IREN expands AI cloud presence in Europe by acquiring Spain's Nostrum Group with 490MW secured power.

IREN expands AI cloud presence in Europe by acquiring Spain's Nostrum Group with 490MW secured power.

IREN Limited has completed the acquisition of Nostrum Group, a Spanish developer of grid-connected AI data centers, marking IREN's entry into the European market. This deal adds about 490MW of secured power capacity and a development pipeline in Spai...

Company Fundamentals
Bullish
57 minutes ago
Red Cat shares rise as company launches Hellcat small unmanned aircraft system

Red Cat shares rise as company launches Hellcat small unmanned aircraft system

Red Cat Holdings shares increased by 4.83% in premarket trading following the launch of Hellcat, a new small unmanned aircraft system designed for versatile mission needs. Built on a modular platform, Hellcat supports customizable command, payloads, ...

Market News
Bullish
1 hour ago
Skanska to build a SEK 4.4 billion emergency hospital at Karlstad Central Hospital, Sweden.

Skanska to build a SEK 4.4 billion emergency hospital at Karlstad Central Hospital, Sweden.

Skanska has secured a SEK 4.4 billion contract to construct a new emergency hospital building at Karlstad Central Hospital in Sweden. The high-tech, seven-story building will cover approximately 90,000 square meters and include an emergency departmen...

Market News
Bullish
1 hour ago
High Tide secures C$40M senior secured credit facilities to refinance debt and support growth.

High Tide secures C$40M senior secured credit facilities to refinance debt and support growth.

High Tide Inc. has obtained credit approval for C$40 million in senior secured credit facilities from Bank of Montreal. The new loan agreement includes a $25 million revolving facility and a $15 million delayed draw term loan, which will refinance ex...

Company Fundamentals
Bullish
1 hour ago
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