Small caps to beat large next year as economy broadens out, M&A picks up, Jefferies says

Small caps to beat large next year as economy broadens out, M&A picks up, Jefferies says

Jefferies believes that small-cap stocks will usurp their larger counterparts in 2026 to lead the market higher. In a Tuesday note to clients, Jefferies strategist Steven DeSanctis set his 2026 year-end target for the Russell 2000 small-cap index to 2,825. DeSanctis is known as a top small-caps analyst on Wall Street. The Russell 2000 has…

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AI startups want to crack open recipe book in Big Food’s test kitchens

AI startups want to crack open recipe book in Big Food’s test kitchens

In the world of big food, artificial intelligence is nothing new. McCormick, which owns brands including Frank’s RedHot, Cholula and Old Bay, has been using AI in flavor development for nearly a decade, with the company saying its development timelines have been cut by 20% to 25%, on average, by identifying promising flavor combinations and narrowing down which ideas are…

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