Keir Starmer’s difficult choices

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Sir Keir Starmer has won a huge parliamentary majority on strikingly thin support. Labour won only 34 per cent of the vote. The shift in support for the Conservatives since its big victory in 2019…

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Snowflake Stock Rallies on AI Spending Increase

Artificial intelligence (AI) data cloud provider Snowflake Inc. NYSE: SNOW has had a series of misfortunate events, ranging from an earnings miss to data breaches, that caused its stock to tumble to 52-week lows at $122.60 on June 25, 2024. However, the shares have been able to rally for four consecutive days following the low…

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EPS Up with Higher Margins, Lower Sales

MKC McCormick & Company, Incorporated $69.62 -0.84 (-1.19%) (As of 02:23 PM ET) 52-Week Range $59.13 ▼ $90.45 Dividend Yield 2.41% P/E Ratio 25.41 Price Target $76.25 McCormick & Company NYSE: MKC is in the consumer staples sector and is the 8th largest US food products company by market capitalization. The firm reported Q2 2024 earnings…

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