Recent research compared the carrying capacity of PPG’s precipitated silica to maltodextrin. Results showed that PPG Flo-Gard silicas provided more than 40 times the carrying capacity of maltodextrin.

The National Floorcovering Alliance's 26 vendor partners came armed with new products and promotion ideas aimed to boost sales for flooring retailers in 2024. 

Mars announced that it would be reviewing its Uncle Ben’s brand in response to the protests against systemic racism worldwide.

Despite reporting a 28% decline in its second quarter, it also witnessed considerable improvement in global sales volume as lockdown eased.

Archer Daniels Midland Company reported a strong profit for its Q2, strengthened by its nutrition and agricultural services divisions.

Cargill joins the list of major meatpackers who were under investigation for their handling of meat exports and worker safety during the coronavirus pandemic.

Cargill joins the list of major meatpackers who were under investigation for their handling of meat exports and worker safety during the coronavirus pandemic.

PepsiCo has moved up from #2 to take the top spot. The company reported a 20.5% increase in net revenue in its Q2 results, raising its full-year guidance for organic revenue growth. 

Following closely behind PepsiCo, Nestlé reported organic sales growth of 8.1% for its first half, after its results were boosted by strong demand for its coffee products.

JBS reported its “best quarter in its history” in August, citing a net income that increased almost 30% to $839.2 million.

AB InBev reported a strong performance in Q2 after organic revenue grew by 27.6% to $13.53 billion. 

Tyson Foods recorded sales of $11.30 billion in Q2, an increase from 2020’s results of $10.89 billion. 

At the end of 2020, Mars announced its acquisition of Kind North America, a maker of healthy granola and energy bars.

ADM reported strong Q2 results, with net earnings of $712 million and adjusted net earnings of $754 million. 

The Coca-Cola Company witnessed net revenues accelerate by 42% in Q2 this year, driven by ongoing recovery from the pandemic in several markets.

Global commodities trader Cargill reported a 17% rise in revenue in fiscal year 2021, owing to raised prices for agricultural products. 

Danone has been busy. The company reported a return to growth across all categories in the second quarter after posting a 6.6% net sales increase on a like-for-like basis. 

Securing the top spot once again, Nestlé reported 9.3% organic sales growth in the first quarter, driven by the company’s price hikes.

PepsiCo said investments made in its brands, consumer insights, manufacturing and go-to-market execution are fueling growth across the portfolio.

A wider-than-expected first quarter loss was experienced because of high input costs, inflation and supply and demand imbalances, impacting performance in all units.

The maker of Budweiser and Corona said its results confirmed the resilience of the beer market in the face of economic challenges, notably inflation.>

Lowered sales forecasts led to the closure of some chicken processing facilities, but the company is compensating by making investments elsewhere.

It has been a year of innovation for ADM. The company reported that its agriculture and oilseed results were strong but slightly lower than in the second quarter of 2022.

Cargill—agricultural giant and the largest private company in the US – has experienced a slowing of profits this year, owing to less volatility in the global grain market and the collapse of meatpacking margins in the US.

The Coca-Cola Company reported strong second-quarter results, posting a 6% rise in net revenue to $12.0 billion, after its results were boosted by price hikes.

Olam Group – one of the world’s biggest agricultural traders – posted an 8.3% drop in its annual net profit, as better performance at its agricultural unit was offset by higher finance and input costs.

Global agribusiness cooperative CHS posted $547.5 million in net income for Q3 2023 boosted by strong global demand, compared to its record third quarter net income of $576.6 million in fiscal year 2022.

The mobile post hoists are on a rolling frame that enables one worker to easily move the vacuum conveyor into place above mixers, reactors, tanks and other equipment.

Clextral’s new technology combines the principle of a shear-cell fibration process and the continuous extrusion process.

The summit of the Commonwealth of Independent States (CIS) was a formality, but the issue at hand is the security of the Russian Federation. Moscow needs to change its attitude towards its neighbours before it is too late. The following leaders attended the CIS summit at the personal invitation from Russian President Vladimir Putin: President of Azerbaijan Ilham Aliyev, Prime Minister of Armenia Nikol Pashinyan, President of Belarus Alexander Lukashenko, President of Kyrgyzstan Sadyr Japarov, President of Tajikistan Emomali Rahmon, President of Turkmenistan Serdar Berdimuhamedov, President of Uzbekistan Shavkat Mirziyoyev. Moldovan President Maia Sandu did not attend.

Source: Streetwise Reports 11/06/2024

Terawulf Inc. (WULF:NASDAQ) has reported its October 2024 production and operations. The report included significant advancements in self-mining with an operational capacity reaching 8.1 exahash per second (EH/s). This marks a 62% increase from the prior year. The company mined a total of 150 bitcoins during the month, averaging approximately 4.8 bitcoins per day, at a power cost of US$36,789 per bitcoin mined or about US$0.048 per kWh (kilowatt-hour). To improve efficiency, TeraWulf continued its miner refresh program at its Lake Mariner facility, replacing older models with upgraded S19 XP miners following its sale of interest in the Nautilus Cryptomine facility, which enabled additional hardware acquisitions.

Focusing on high-performance computing (HPC) infrastructure, TeraWulf's aim is to establish 72.5 MW HPC hosting capacity at Lake Mariner by Q2 2025. October's operational hash rate averaged 6.8 EH/s, with adjustments made for demand response events and performance optimization measures to enhance profitability. Construction on the company's 20 MW HPC hosting facility, CB-1, remains on schedule for Q1 2025, and a larger 50 MW HPC facility, CB-2, is expected by Q2 2025. The recent sale of TeraWulf's equity interest in Nautilus and new financing through convertible notes are anticipated to support these growth initiatives.

Sean Farrell, Senior Vice President of Operations at TeraWulf, explained in the press release, "October marked another productive month, with TeraWulf mining 150 bitcoin and sustaining an average daily production of around 5 bitcoin . . . In line with our previously outlined plans, we are accelerating the transition to more efficient mining hardware by replacing older miners at Lake Mariner with S19 XP models. We are also working closely with Bitmain's warranty department on a recovery plan to repair and replace 1.5 EH of mining equipment with a target completion by the end of the year. Furthermore, we have established a dedicated Business Development and Performance Optimization team focused on integrating advanced IT and software solutions to improve our operational hash rate and overall efficiency. Building 5, which has been designed to handle higher heat exhaust of the latest generation miners, remains on track to be operational in Q1 2025."

Why Crypto Mining?

The cryptocurrency mining sector has seen recent momentum, bolstered by the U.S. election results and the evolving landscape for Bitcoin. As Benzinga reported on November 6, bitcoin mining stocks experienced notable gains following the U.S. presidential election, which led to Bitcoin reaching record highs. The outcome was anticipated to benefit U.S.-focused mining companies as pro-crypto policies, including a preference for domestic bitcoin production, gained prominence. Benzinga noted that Trump had previously expressed support for more bitcoin mining within the U.S., a stance that influenced broader market optimism in the days following his election.

On November 4, Yahoo! Finance highlighted the growing trend among Bitcoin miners to integrate artificial intelligence (AI) to power a "new industrial revolution." As described by Rob Nelson, who emphasized the impact of cryptocurrency mining as a vehicle for both economic and technological change. This trend has driven miners to secure deals within the AI sector, given the synergies in computational power required for both cryptocurrency and AI initiatives. Nelson projected that this cross-industry expansion could have far-reaching effects, creating value for both miners and AI-focused enterprises.

Additionally, a November 6 report from Time explored the significance of the recent Presidential election outcome for the crypto industry's future regulatory environment. According to Time, Trump's support for the industry included ambitions to boost the country's bitcoin mining footprint, which aligned with crypto PACs' efforts to secure pro-crypto candidates. The article reported that these advocacy groups saw the election as an opportunity to reshape crypto regulation and encourage growth in U.S.-based bitcoin mining.

TeraWulf's Catalysts

TeraWulf's recent initiatives set a foundation for further growth and operational efficiency. According to the company's investor presentation, the sale of its 25% equity interest in the Nautilus facility enhances liquidity. This enables TeraWulf to reinvest in its flagship Lake Mariner site for both HPC and AI expansion.

The transaction also reduces exposure to the expiring Nautilus 2¢ power contract by 2027, positioning the company to benefit from projected power price increases at Lake Mariner. This strategic realignment is anticipated to improve fleet efficiency, with an upgraded mining fleet targeting 13 EH/s by Q1 2025, supported by the deployment of next-gen S21 Pro miners.

What Experts Are Saying...

On November 5, 2024, Roth MKM analyst Darren Aftahi assigned TeraWulf a "Buy" rating and set a price target of US$7.50. Roth highlighted optimism around the company's expansion and potential in high-performance computing (HPC) and bitcoin mining. Roth noted that TeraWulf's planned 72.5 MW of HPC capacity by Q2 2025 could generate annualized revenue of approximately US$90 million, with over US$60 million in profit. [OWNERSHIP_CHART-11184]

The report highlighted the completion of TeraWulf's initial 2.5 MW HPC project and its upcoming 20 MW facility, which remains on track for Q1 2025. Roth analysts pointed to the operational progress at TeraWulf's Lake Mariner facility, emphasizing the company's improvements in mining efficiency with new S19 XP models, which brought its machine efficiency to 22 J/TH.

Ownership and Share Structure

According to Refinitiv, management and insiders hold 6.67% of TeraWulf. Of them, Co-founder, COO, and CTO Nazar M. Khan holds the most, with 4.43%.

Strategic investors hold 21.37%. Of them, Riesling Power LLC holds the most at 5.23%, Baryshore Capital LLC holds 4.77%, Revolve Capital LLC has 4.67%, Opportunity Four of Parabolic Ventures owns 2.46%, and Lake Harriet Holdings LLC has 1.90%.

Institutions have 45.11%. The largest holders there are The Vanguard Group at 6.12%, BlackRock Instituional Trust with 4.22%, Two Sigma Investments LP at 2.28%, Beryl Capital Management LLC holds 1.74%, and Geode Capital Management LLC has 1.66%. The rest is retail.

TeraWulf has a market cap of US$2,375.93 million and 275.29 million free float shares. Their 52-week range is US$ 0.8911 - 7.28.
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( Companies Mentioned: WULF:NASDAQ, )

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RIVERSIDE, Calif. -- Researchers at the University of California, Riverside have identified a weakness in the Transmission Control Protocol (TCP) of all Linux operating systems since late 2012 that enables attackers to hijack users' internet communications completely remotely.

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The white paper shares ways to overcome challenges associated with incorporating real dairy ingredients.

The trend, termed ‘Regeneration Rising,’ involves new palettes and factors consumers want.

Even though the year started in a partial government shutdown, the government relations team from the American Bakers Association (ABA) continued to push forward on several key regulatory initiatives.

The state-of-the-art facility houses IAPMO R&T’s Oceana research center and product testing laboratory.

For six days, a massive ship called the Ever Given captivated the world as it remained stuck in the Suez Canal. The resulting congestion cost as much as $10 billion a day, slowing global maritime trade.

The G7 connected wearable from Blackline Safety (TSX.V: BLN) was one of five products highlighted by the Globe and Mail in their new Report on Business ranking of Canada’s Top Growing companies. Having earned position No. 231 on the ranking, Blackline achieved a three-year revenue growth of 145%.

Grainger has demonstrated a commitment to sustainability by implementing environmentally friendly practices across its operations. 

As younger adults consume less wine, baby boomers dominant wine consumption, in part because they’re still the largest generation by population.

The National Beer Wholesalers Association (NBWA) wrapped up its 87th Annual Convention and Product Showcase in San Diego, naming Alabama’s Rebecca Maisel as its new board chair.

Celebrate National American Beer Day on Sunday, Oct. 27. 

Onyx Coffee Lab announced the launch of its newly redesigned retail packaging. A standout element of the new packaging is the introduction of interactive cards for single-origin offerings that celebrate the coffee producers.

STL Partners, in partnership with MATRIXX Software, releases a new report focused on the impact of transforming revenue management systems

Organizations like Unite for HER provide treatments associated with better quality of life and patient outcomes

Dr. Snowden excels as the neuro-interventional radiology section head at Radiology Associates