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Coca-Cola explores 2027 IPO of India bottling arm amid expansion push

Coca-Cola is considering a potential initial public offering (IPO) of its India bottling business, Hindustan Coca-Cola Holdings, in 2027. This move, which could be one of India's largest consumer sector listings, aims to capitalize on the critical and growing Indian market while Coca-Cola retains a significant ownership stake. The bottling unit, valued by analysts at around $10 billion if listed, plays a key role in manufacturing and distributing a wide range of beverages across the country.

Source: Storyboard18
June 02, 2026 | 06:04:59
Category: General

Dara Khosrowshahi Bets On 'Everybody In The Ecosystem' As Uber Prepares For Robotaxi Future, Aims To Power 'Every Ride — No Matter Who's Driving'

Uber CEO Dara Khosrowshahi is steering the company towards an open platform model for robotaxis, embracing partnerships across the autonomous vehicle ecosystem rather than developing its own self-driving fleet. This strategy aims to integrate various robotaxi manufacturers and technology providers to power "every ride" and address challenges like uneven demand by combining autonomous and human-driven services. Uber has invested significantly in self-driving partners and plans widespread robotaxi deployment, anticipating autonomy to be a major revenue driver and life-saving technology.

Source: Benzinga
June 02, 2026 | 06:08:40
Category: General

Wipro Ltd. Sees Elevated Trading Volumes Amid Mixed Market Signals

Wipro Ltd. experienced elevated trading volumes on June 2, 2026, with over 1.54 crore shares traded, despite a modest price gain. Technical indicators show short-term strength but long-term resistance, and a decline in delivery volumes suggests increased speculative trading. The company holds a "Hold" rating from Mojo Score, an attractive dividend yield, and maintains significant market capitalization.

Source: Markets Mojo
June 02, 2026 | 06:09:59
Category: General

Huntington Ingalls Industries, Inc. (NYSE:HII) Given Consensus Rating of "Hold" by Brokerages

Huntington Ingalls Industries (NYSE:HII) has received a consensus "Hold" rating from 11 analysts, with an average 1-year price target of $388.50. The company recently surpassed earnings expectations, reporting $3.79 EPS and $3.10 billion in revenue, with a 13.4% year-over-year revenue increase. HII also continues to return cash to shareholders through a quarterly dividend of $1.38 per share, representing an annualized yield of about 1.9%.

Source: MarketBeat
June 02, 2026 | 06:12:47
Category: General

Arm says ByteDance, Oracle use its data centre CPU chips

Arm's CEO, Rene Haas, announced at the Computex conference in Taipei that Chinese tech company ByteDance and U.S. data center firm Oracle are customers for Arm's AI data center central processing units (CPUs). This highlights the growing adoption of Arm's technology in the data center market by major companies.

Source: The Mighty 790 KFGO
June 02, 2026 | 06:20:19
Category: General

Number of shareholders of Veris Residential, Inc. – LSX:892485

This article provides basic financial information for Veris Residential, Inc., traded on the Lang & Schwarz Exchange under symbol 892485. The content largely consists of navigation links and disclaimers, with the core informational takeaway being the company's name and stock ticker. It highlights the availability of financial data but does not present specific shareholder numbers.

Source: TradingView
June 02, 2026 | 06:30:25
Category: General

Vistra Corp. (NYSE:VST) Receives Average Rating of "Buy" from Analysts

Vistra Corp. (NYSE:VST) has received a consensus "Buy" rating from analysts, with an average one-year target price of $233.33. This follows the company's strong first-quarter earnings, which exceeded expectations, and a raised quarterly dividend. Despite recent insider share sales, institutional investors hold a significant majority of the stock.

Source: MarketBeat
June 02, 2026 | 06:30:48
Category: General

Jabil, Inc. (NYSE:JBL) Given Consensus Recommendation of "Moderate Buy" by Brokerages

Jabil, Inc. (NYSE:JBL) has received a "Moderate Buy" consensus rating from 11 research firms, with an average 1-year price target of $303.38. The company recently reported better-than-expected quarterly earnings and revenue, with EPS of $2.69 against a $2.51 consensus and revenue of $8.28 billion against $7.75 billion. Despite recent insider selling, institutional investors hold a significant majority of the stock.

Source: MarketBeat
June 02, 2026 | 06:30:54
Category: General

TransMedics Group, Inc. (NASDAQ:TMDX) Given Average Rating of "Hold" by Brokerages

TransMedics Group, Inc. (TMDX) has received an average "Hold" rating from brokerages, based on seven hold ratings and six buy ratings from 13 analysts. The average 1-year price target is $134.00, though several firms like Piper Sandler, Canaccord Genuity, Oppenheimer, Stifel Nicolaus, and Needham recently cut price targets or downgraded the stock. This comes after the company missed Q1 earnings expectations, reporting an EPS of $0.30 against an anticipated $0.62, despite a 21.2% year-over-year revenue increase to $173.93 million.

Source: MarketBeat
June 02, 2026 | 06:31:09
Category: General

Amazon.com, Inc. (AMZN.US) Prime Day Promotion to Run for Four Consecutive Days Starting Jun 23

Amazon.com, Inc. (AMZN.US) has announced that its annual Prime Day promotion will be extended to four days, running from June 23 to June 26. This marks the second consecutive year of the extended duration. The company plans to feature daily limited-time deals and new discounts, with a particular focus on groceries and household essentials to attract consumers.

Source: AASTOCKS.com
June 02, 2026 | 06:34:03
Category: General

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