Advantest Stock Falls on Weak Outlook Despite Strong AI-Driven Results 
Amazon Stock Dips Despite Record Earnings as AI Infrastructure Spending Surges 
Air Liquide Q1 Revenue Misses Estimates Amid Currency and Energy Headwinds 
Samsung Reports Record Profit as AI Boom Drives Memory Chip Demand 
Google Secures Pentagon AI Deal for Classified Projects 
Starbucks Raises 2026 Outlook as Turnaround Strategy Boosts Sales and Earnings 
Spirit Airlines Gains Key Creditor Support for $500M Bailout Deal 
T-Mobile Beats Q1 Earnings Expectations on Strong Postpaid Growth 
WuXi AppTec Stock Surges on Strong Q1 Earnings and CRDMO Demand Growth 
Robinhood Q1 Earnings Miss Expectations, Stock Drops After Hours 
Ford Q1 Earnings Beat Expectations, Stock Surges on Strong Guidance 
Meta Raises 2026 Capex Outlook Amid AI Spending Surge, Shares Drop After Earnings 
Microsoft Azure Growth Forecast Beats Expectations Amid Rising AI Competition 
Australia Targets Meta, Google, and TikTok With New News Payment Tax Proposal 
Lightelligence IPO Soars Over 400% in Hong Kong Debut Amid Rising AI Investment Demand 
Qualcomm Stock Surges Despite Weak Guidance After Q2 2026 Earnings Beat 
Packaging firm Amcor has developed Australia’s prototype plastic food wrapper aimed at reducing plastic waste in the environment in partnership with several companies.
The wrapper is first to be used in Nestle's KitKat chocolate-covered wafer bar.
Nestlé, CurbCycle, iQ Renew, Licella, Viva Energy Australia, LyondellBasell, REDcycle, and Taghleef Industries all bought a wealth of experience to the project to produce Australia’s first soft plastic food wrapper made with recycled content.
The companies shared their knowledge on collecting and processing soft plastic waste, turning it back into oil using advanced recycling technology, and creating the prototype wrapper.
According to Simon Roy, VP and general manager of Amcor Flexibles Australia and New Zealand, their commitment to ensuring all their packaging are designed to be recyclable or reusable by 2025.
He noted that the wrapper has a responsible end of life where it can be reprocessed and reused in food-grade packaging.
Sandra Martinez, CEO of Nestlé Australia, said manufacturers have a key role in creating market conditions that ensure all stakeholders view soft plastics as a resource and not waste.
