March 25 (Reuters) - McCormick ( MKC ) missed first-quarter profit estimates on Tuesday, as higher promotional expenses and price cuts for its spices, sauces and seasonings fell short of boosting demand. Shares of Hunt Valley, Maryland-based company were down about 3% in premarket trading. McCormick ( MKC ), like its peer General Mills ( GIS ), has been cutting...

07:50 AM EDT, 03/25/2025 (MT Newswires) -- Millicom International Cellular ( TIGO ) was Smart Insider's stock pick of the week after the company's director Jules Niel bought 849,021 SDRs on March 14 for $25 million, or 299.06 Swedish kronor ($29.90) apiece. The purchase is indirect to Atlas, an entity owned by the Niel family that has roughly 42% of...

07:49 AM EDT, 03/25/2025 (MT Newswires) -- Alibaba Group ( BABA ) Chairman Joe Tsai said he saw the possibility of a bubble forming on the announced huge investments in artificial intelligence data centers in the US, multiple media outlets reported. People are talking about $500 billion, several hundred billion dollars. I don't think that's entirely necessary. I think in...

07:52 AM EDT, 03/25/2025 (MT Newswires) -- Tower Semiconductor ( TSEM ) and Alcyon Photonics said Tuesday they are collaborating to advance photonics integration. Under the partnership, the companies said Alcyon will provide silicon-validated photonic building blocks and circuits using Tower's SiPho platform for the data communication, telecommunications and sensing markets. ...