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Performance Food Group sees tailwind from disinflation in 2025 – SpartanNash (NASDAQ:SPTN), Performance Food Gr (NYSE:PFGC)


Performance Food Group sees tailwind from disinflation in 2025 – SpartanNash (NASDAQ:SPTN), Performance Food Gr (NYSE:PFGC)

Performance Food Group Co. PFGC is one of the largest food distributors in the United States. The company sources, markets and delivers food and food-related products to over 125,000 food service businesses through a network of over 150 distribution facilities. The company is acquiring food distributor Cheney Brothers for $2.1 billion, which will expand its […]

Walmart results suggest stabilization in consumer health – Walmart (NYSE:WMT)


Walmart results suggest stabilization in consumer health – Walmart (NYSE:WMT)

On Thursday, Walmart Inc WMT has reported its results for the second quarter of the fiscal year, beating Wall Street estimates for both revenue and profit. Due to the strength of its half-year results, the largest US retailer has raised its full-year forecast. This is quite a contrast to the cautious Home Depot HD The […]

Kendall Jenner talks about marijuana use: ‘Nobody knows this, but I’m a stoner’ – Comcast (NASDAQ:CMCSA)


Kendall Jenner talks about marijuana use: ‘Nobody knows this, but I’m a stoner’ – Comcast (NASDAQ:CMCSA)

Kendall Jennerthe world-famous model and reality TV star, revealed a more private aspect of her life that was hidden from the public for a long time. During a conversation on the podcast “Sibling Rivalry” with Kate and Oliver Hudson, Jenner admitted for the first time that she regularly uses marijuana. See also: Ice Cube’s new […]

Walmart’s earnings surprise just created this great trading opportunity – Walmart (NYSE:WMT)


Walmart’s earnings surprise just created this great trading opportunity – Walmart (NYSE:WMT)

Walmart (WMT) reported earnings last Thursday and beat expectations on earnings per share ($0.67 vs. expected $0.64) and revenue ($169.33 billion vs. $168.56 billion), pushing the stock up about +8%. Since then, it has been consolidating between $72.50 and $74. Although I believe WMT could see a slight pullback, my PFP (Positioning, Flows and Price […]

Where to buy weed legally: Cannabis shops are popping up in Florida and Ohio as Canadian retail giant celebrates milestone – Ascend Wellness Holdings (OTC:AAWH)


Where to buy weed legally: Cannabis shops are popping up in Florida and Ohio as Canadian retail giant celebrates milestone – Ascend Wellness Holdings (OTC:AAWH)

Florida’s four new cannabis stores Even though recent polls in Florida showed mixed views on support for the referendum to legalize marijuana for recreational use, cannabis companies continue to expand their retail presence across the state. Cannabis giant Curaleaf Holdings, Inc. CURA CURLF started selling at 2E 9 Mile Rd, Pensacola store on August 9. […]

A closer look at Shopify’s options market dynamics – Shopify (NYSE:SHOP)


A closer look at Shopify’s options market dynamics – Shopify (NYSE:SHOP)

Deep-pocketed investors have taken a bearish stance on Shopify BUSINESSand 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 SHOP usually indicates that something big is about to happen. We gleaned this […]

Home Depot shares fall despite beating earnings forecast on forecast – Lowe’s Companies (NYSE:LOW), Home Depot (NYSE:HD)


Home Depot shares fall despite beating earnings forecast on forecast – Lowe’s Companies (NYSE:LOW), Home Depot (NYSE:HD)

Home Depot HD released its second-quarter earnings report and presented a mixed picture to investors. While the company beat Home Depot analysts’ earnings estimates, its lowered comparable sales forecast for fiscal 2024 caused Home Depot’s share price to decline. Following the announcement, Home Depot shares fell about 5% in premarket trading but recovered some losses […]

What the options market tells us about Walmart – Walmart (NYSE:WMT)


A closer look at Shopify’s options market dynamics – Shopify (NYSE:SHOP)

Financial giants have shown a striking uptrend in Walmart. Our analysis of options history for Walmart WMT 33 unusual trades uncovered. Upon closer inspection, we found that 54% of traders were bullish, while 39% showed bearish tendencies. Of all the trades we discovered, 7 were puts worth $573,006 and 26 were calls worth $2,932,744. Expected […]

Home Depot, Amazon, Applied Materials on CNBC’s Final Trades – Amazon.com (NASDAQ:AMZN)


Home Depot, Amazon, Applied Materials on CNBC’s Final Trades – Amazon.com (NASDAQ:AMZN)

In CNBC’s “Halftime Report Final Trades” Stephanie Link von Hightower said Home Depot, Inc.. HD reported better-than-expected gross margins for the last quarter, but posted weak sales results. On August 13, Home Depot reported mixed second-quarter results. HD reported second-quarter 2024 revenue growth of 0.6% year-over-year to $43.175 billion, narrowly missing the consensus estimate of […]