Today: 29 April 2026
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NYSE:PKG 8 January 2026

Smurfit Westrock stock jumps 8% as analysts flag North America “reset” and packaging peers climb

Smurfit Westrock stock jumps 8% as analysts flag North America “reset” and packaging peers climb

Smurfit Westrock shares rose 8% to $42.91 Thursday afternoon, rebounding after a sharp drop and following a TipRanks report on a profit-focused “reset” in North America. Other packaging stocks also gained, while the S&P 500 was little changed. The stock remains about 29% below its 52-week high. Traders are watching if it can hold above $40 after recent volatility.

Stock Market Today

  • Dollar Strength Pulls Coffee Prices Lower Amid Supply Concerns
    April 29, 2026, 2:22 PM EDT. Coffee prices declined as a stronger U.S. dollar weighed on the market. July arabica coffee fell 0.07%, while July robusta dropped 1.18%. Arabica losses were limited by tightening inventories, which hit a two-month low of 494,508 bags on ICE. Supply concerns persist due to potential disruptions in the Strait of Hormuz from US-Iran tensions, driving up shipping and costs for roasters. Brazil's March green coffee exports dropped 10% year-on-year, and production forecasts show a record 2026 crop, potentially adding surplus. Vietnam's rising exports and production increases exert bearish pressure on robusta prices. ICE robusta inventories reached a 16-month low, providing some support. Overall, global coffee dynamics remain volatile with production forecasts projecting marginal increases alongside regional shifts in output.

Latest article

Intel Stock Pulls Back From 26-Year High as AI Spending Worries Hit Chips

Intel Stock Hits Record High as Google AI Chip Report Puts Foundry Turnaround in Play

29 April 2026
SANTA CLARA, California, April 29, 2026, 11:05 PDT Intel Corporation shares jumped about 10% in late-morning trading on Wednesday, touching a fresh high as investors seized on reports that Alphabet’s Google may use Intel’s advanced chip-packaging technology in a future AI processor. Intel traded at $93.23, after rising as high as $94.03, market data showed. (Barron’s) The move matters because Intel’s foundry business — its effort to make and package chips for outside customers — has been the most capital-heavy and least proven part of Chief Executive Lip-Bu Tan’s turnaround. A Google-linked packaging win, if it materializes, would give Intel
McDonald’s New Refreshers and Dirty Sodas Raise Stakes in Fast-Food Drink Fight

McDonald’s New Refreshers and Dirty Sodas Raise Stakes in Fast-Food Drink Fight

29 April 2026
McDonald’s will launch six specialty drinks, including Refreshers and crafted sodas, in U.S. restaurants on May 6. The company is adding beverage specialists to handle the more complex preparation. The move follows the closure of its CosMc’s beverage pilot and comes as fast-food chains compete for afternoon customers and higher-margin sales.
Gold Price Today: Why Bullion Just Fell for a Third Day as the Fed and Iran War Shake Markets

Gold Price Today: Why Bullion Just Fell for a Third Day as the Fed and Iran War Shake Markets

29 April 2026
Gold settled 1.02% lower at $4,545.20 an ounce Wednesday, its lowest since March 30, as traders weighed Federal Reserve rate policy and inflation risks from the Iran war. Spot gold touched a one-month low, while silver, platinum, and palladium also fell. Brent crude neared $119 a barrel and Treasury yields rose. The World Gold Council reported Q1 global gold demand up 2% year-on-year to 1,231 tonnes.
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