Deep-pocketed investors are optimistic about Walmart WMTand that’s something market participants shouldn’t ignore. Our monitoring of public options records at Benzinga revealed this significant move today. The identities of these investors remain unknown, but such a significant move in WMT usually indicates something big is about to happen. We gleaned this information from our observations […]
With the US Federal Reserve expected to cut interest rates in September, the food industry is ripe for consolidation. Accordingly Kevin DreyerCo-CIO of Value at Gabelli FundsLower interest rates generally stimulate M&A activity. “It’s important to note that falling interest rates tend to lead to an increase in M&A activity,” Dreyer told CNBC on Friday, […]
Walmart has recalled over 9,500 cases of its Great Value brand apple juice because levels of inorganic arsenic exceed FDA limits. Despite the extensive recall, Walmart’s share price rose 10% in August. Walmart’s positive earnings report on August 15 contributed to the stock’s rise. Walmart Inc WMT has recalled over 9,500 […]
International Dog Day, celebrated worldwide on August 26, is a special day to celebrate the presence of dogs in our lives and appreciate their company. The cryptocurrency space also has a special affinity for these cute little animals, thanks to the numerous popular dog-themed memecoins that have emerged in recent years. See also: Bitcoin’s consolidation […]
Tesla Inc TSL engineer Wes Morrill went to X on Sunday to explain to Cybertruck owners why they can’t use the vehicle’s power outlets while Supercharging, and it seems to be a problem that isn’t easily fixed. What happened: “The AC/DC converter used to convert AC from the grid to DC to charge the HV […]
The last week was a whirlwind for Apple Inc. AAPL with significant leadership changes, exciting product announcements and strategic expansion plans. The tech giant will say goodbye to a key executive and prepare for a major product launch event. At the same time, the Cupertino, California-based company is expanding its presence in India with a […]
Oil and Natural Gas Company (ONGC) has started production of its fifth oil well in the KG-DWN-98/2 block. What happened: The company made the announcement in a stock exchange filing on Sunday. “On August 24, 2024, ONGC achieved a significant milestone by commencing production from its fifth oil well in Block KG-DWN-98/2 Cluster-2,” the company […]
The idea of not having to pay rent while working may sound like a great perk. One flight attendant did just that and is now living a “dream life” thanks to the airline industry. What happened: Being able to travel the world is a dream come true. Thirty-three years old Alexandra Cosoff did just that […]
Financial giants have shown a striking uptrend in Home Depot. Our analysis of options history for Home Depot HD revealed 18 unusual trades. Upon closer inspection, we found that 38% of traders were optimistic, while 33% showed bearish tendencies. Of all the trades we discovered, 6 were puts worth $289,736 and 12 were calls worth […]
JD.com Inc. JD The stock has entered bearish territory, with a Death Cross a sign of a possible downturn. The e-commerce giant is down 1.16% year-to-date and 20.51% over the past year, although it has posted a slight uptick of 2.6% over the past month. The recent sell-off by Walmart Inc. WMT Adding to the […]
