Tootsie Roll Industries is currently valued near 20x EV/EBITDA but lacks significant growth drivers or brand expansion. While falling cocoa prices could boost net income by 12% by late 2026, sales growth is limited and volume trends are negative. The company relies heavily on legacy brands with minimal R&D, no major acquisitions, and limited investor communication. Superior alternatives in the confectionery sector, such as Lindt and Orkla, offer better growth prospects and stronger free cash flow yields.
IKIGAI Trading Academy, led by Qamar Zaman, has released Flight Path, a market-structure projection tool for SPX and SPY day traders. The tool helps traders plan trades by mapping bullish and bearish paths based on market structure before the open, e...
XRP experienced a short-term price rebound with increased trading volume, reaching $1.1493 as of July 4, 2026. Despite this uptick, its 60- and 90-day returns remain negative, indicating persistent selling pressure and uncertainty about a sustained t...
Chery Auto officially opened its Rosslyn Plant in South Africa, transforming from an importer to a local manufacturer and retaining all 692 employees. The plant, originally built in 1963, will be upgraded to produce 50,000 vehicles annually by mid-20...
Bitcoin surged above $63,000 for the first time in two weeks, reversing losses from late June as crypto markets rebounded. XRP rose over 5% in a day and nearly 10% over the week, surpassing USDC to become the fifth-largest cryptocurrency by market va...
A Google Quantum AI report warns that by 2029, quantum computers could crack Bitcoin's cryptography, threatening wallets including Satoshi Nakamoto's 1.1 million BTC. Binance's CZ proposes freezing unmoved wallets after a migration period to prevent ...
