Prologis Receives Fitch Affirmation
Fibra Prologis , a real estate investment trust and logistics property management company, has had its global and local credit ratings affirmed by U.S. ratings agency Fitch Ratings due to its strong business position.
Prologis's global rating was affirmed at 'BBB,' the ninth step in the investment-grade asset classification, while its local rating was affirmed at 'AAA(mex),' the highest step in the investment-grade asset class. The outlook on both ratings was also reaffirmed at a 'stable' level.
Fitch expects Prologis to maintain stable operating performance and solid levels of committed and undrawn credit facilities as additional sources of liquidity.
Ford Motor Company, the second-largest automaker in the United States, plans to invest $5 billion in two of its plants to produce electric vehicles and manufacture batteries. Of the total investment, $2 billion will be allocated to Ford's assembly plant in Louisville, Kentucky, to assemble a four-door midsize electric pickup truck.
The automaker will also invest $3 billion in its BlueOval Battery Park Michigan plant, which will manufacture the lithium iron phosphate prismatic batteries for the electric pickup truck starting in 2026.
The truck is expected to start at $30,000 and be launched in the U.S. and export markets in 2027, according to Ford.
Buk, the technology firm specializing in human capital management led by Andrés Gómez, is celebrating its third anniversary in Mexico. Over the past year, it has grown from managing 64,000 employees to more than 122,000, and from 350 to more than 750 clients across diverse industries, consolidating Mexico City, Nuevo León, Jalisco, the State of Mexico, and Querétaro as its main markets.
Today, the company has already raised $85 million in its Series B round, and a significant portion of that capital is being deployed specifically in Mexico, as well as in its entry into Brazil and strengthening its operations in Chile, Peru, and Colombia.
Shares of artificial intelligence (AI) company C3.ai recorded their biggest drop ever after announcing preliminary financial results and a restructuring of its global sales and services organization.
C3.ai fell 25.60% on the New York Stock Exchange, marking its biggest daily loss since it began trading on the New York market on December 10, 2020.
Shares closed at $16.47, their lowest level since late January 2023.
The AI company announced last Friday that it expects to report revenue of between $70.2 million and $70.4 million for its first fiscal quarter of 2026, although these figures are preliminary unaudited estimates.
In response, Thomas Siebel, CEO of C3.ai, declared that the quarter's sales results were "totally unacceptable."
Eleconomista
