Strategies for Medical Professionals To Optimize Loan Refinancing
Friday, January 17,2025,17:00
Optimize student loan refinancing with strategies for medical professionals. Discover tips to secure better rates and manage debt efficiently. .. read more..
Stocks Settle Higher on Chip Stock Strength and Positive Economic News
Friday, January 17,2025,17:00
The S&P 500 Index ($SPX ) (SPY ) Friday closed up +1.00%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.78%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.66%. March E-mini S&P futures (ESH25 ) are up +0.91%, and March E-mini Nasdaq futures... .. read more..
Blackboxstocks, Inc. and Evtec Aluminium Limited Mutually Agree to Terminate ...
Friday, January 17,2025,16:30
DALLAS, Jan. 17, 2025 (GLOBE NEWSWIRE) -- Blackboxstocks Inc. (NASDAQ: BLBX ), ("Blackbox" or the "Company"), a financial technology and social media hybrid platform offering real-time proprietary analytics for stock and options traders, announced today that on January 13, 2025 the Company and Evtec Aluminium Limited ("Evtec") mutually agreed to terminate the Share Exchange Agreement executed on December 12, 2023 and amended on July 1, 2024 which would have resulted in Evtec becoming a wholly owned subsidiary of the Company. The Company will also withdraw its registration statement on form S-4 filed with the Securities and Exchange Commission in connection with the proposed share exchange... .. read more..
Canadian Stocks Extend Winning Streak To Four Days
Friday, January 17,2025,16:24
Extending the upward move seen over the past several sessions, Canadian stocks moved sharply higher over the course of the trading day on Friday. .. read more..
Why is TikTok getting banned? What to know about the law
Friday, January 17,2025,16:23
U.S. officials have long feared that the widely popular short-form video app could be used as a vehicle for espionage. .. read more..
More Capital One customers report deposits not showing up in accounts
Friday, January 17,2025,16:18
"Guess I'll be eating ramen again tonight," tweets one customer on third day of issues linked to a data-center power outage. .. read more..
U.S. Stocks Move Sharply Higher, Dow Reaches One-Month Closing High
Friday, January 17,2025,16:17
Stocks showed a strong move to the upside during trading on Friday, with the major averages more than offsetting the losses posted in the previous session. With the upward move, the Dow ended the day at its best closing level in a month. The major averages also posted strong gains for the week. .. read more..
Core Specialty Completes Acquisition of London Aviation Underwriters; Forms A...
Friday, January 17,2025,16:01
Represents Core Specialty's 18 th specialty business unit and a component of the Fronted Programs subsegment London Aviation Underwriters (LAU) to operate as a separately managed Division of Core Specialty, retaining the LAU brand and management team Jeff Sutton appointed as President of the new Aviation & Aerospace Division LAU produced $44mm of GAAP gross premiums written in 2024 CINCINNATI, Jan. 17, 2025 (GLOBE NEWSWIRE) -- Core Specialty Insurance Holdings, Inc. and its subsidiaries ("Core Specialty" or the "Company") announced today that it has completed the acquisition of London Aviation Underwriters, Inc. ("LAU") which was previously announced on January 6, 2025. The compl... .. read more..
Smart Money Is Betting Big In AAPL Options
Friday, January 17,2025,15:54
Whales with a lot of money to spend have taken a noticeably bearish stance on Apple . Looking at options history for Apple (NASDAQ: AAPL ) we detected 75 trades. If we consider the specifics of each trade, it is accurate to state that 36% of the investors opened trades with bullish expectations and 50% with bearish. From the overall spotted trades, 34 are puts, for a total amount of $2,744,482 and 41, calls, for a total amount of $12,918,223. Expected Price Movements Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $125.0 to $275.0 for Apple during the past quarter. Volume & Open Interest Development Looking ... .. read more..
Entertainment, tech companies donate millions to LA wildfire relief effort
Friday, January 17,2025,15:24
Companies are pledging millions in donations to aid relief efforts for victims of the Los Angeles wildfires. .. read more..
A Look Into Lennox Intl Inc's Price Over Earnings
Friday, January 17,2025,15:00
In the current market session, Lennox Intl Inc. (NYSE: LII ) stock price is at $641.01, after a 0.29% decrease. However, over the past month, the company's stock went up by 3.38% , and in the past year, by 42.87% . Shareholders might be interested in knowing whether the stock is overvalued, even if the company is not performing up to par in the current session. How Does Lennox Intl P/E Compare to Other Companies? The P/E ratio is used by long-term ... Full story available on Benzinga.com .. read more..
Deal Dispatch: Biden Punts TikTok Ban To Trump, Plus Another Legacy Retailer ...
Friday, January 17,2025,14:58
President Joe Biden prioritized freeing non-violent drug offenders during his final few days in the White House, but TikTok ? That's President-elect Donald Trump 's problem now. According to the Associated Press , Biden has no intention of enforcing the ban, which takes effect on his last full day in office, Jan. 19, and one day before Trump’s inauguration . With a deadline looming, the app's fate lands in the hands of the so-called People's Bid for TikTok—backed by none other than Kevin O'Leary of “Shark Tank” and billionaire Frank McCourt . Apparently, TikTok's U.S. assets are still up for grabs, but no word yet on the price tag or whether... .. read more..
Trump's inauguration will feature some of the biggest names in tech
Friday, January 17,2025,14:55
Some of the nation's most prominent technology industry CEOs are planning to attend President-elect Donald Trump's inauguration. .. read more..
Western Digital Faces 'Challenging Pricing Environment,' But There's Long-Ter...
Friday, January 17,2025,14:41
Wall Street analysts rerated Western Digital Corp (NASDAQ: WDC ) after the company offered several updates on Thursday, including its fourth-quarter results and the departure of its CFO. Western Digital announced that its current CFO , Wissam Jabre , would retire effective Feb. 28, following the planned separation of the company’s Flash and HDD businesses. Following the transaction, the company will begin a search for a new CFO. Also Read: Microsoft Launches CoreAI Division: Ex-Meta Exec To Supercharge Copilot And AI Innovations The company previously announced that Jabre would serve as the CFO of the HDD business post-split alongside Irving Tan as the CEO. Western Digital announced... .. read more..
FAA grounds SpaceX's Starship after midflight explosion, reports property dam...
Friday, January 17,2025,14:39
The FAA grounded SpaceX's Starship pending an investigation into the failure that caused the rocket to break apart midflight after launching on Thursday. .. read more..
Picton Mahoney Asset Management Announces Monthly Distribution for Picton Mah...
Friday, January 17,2025,14:38
TORONTO , Jan. 17, 2025 /CNW/ - (TSX: PFIA ) (TSX: PFSS ) (TSX: PFCB ) (TSX: PFAA ) (TSX: PFIG ) Picton Mahoney Asset Management announced today that it has declared the January 2025 monthly cash distribution of $0.0321 per unit for the ETF units ("ETF Units") of the Picton Mahoney Fortified Income Alternative Fund. Picton Mahoney Asset Management announced today that it has declared the January 2025 monthly cash distribution of $0.0301 per unit for the ETF Units of the Picton Mahoney Fortified Special Situations Alternative Fund. Picton Mahoney Asset Management announced today that it has declared the January 2025 monthly cash distribution of $0.0297 per unit ... Full story avail... .. read more..
J.B. Hunt Q1 Guidance A Disappointment, Analyst Says
Friday, January 17,2025,14:33
J.B. Hunt Transport Services, Inc. (NASDAQ: JBHT ) shares dipped on Friday after Wells Fargo cut its price target on the stock from $200 to $190 . Yesterday, the company reported fourth-quarter EPS of $1.53, which missed the consensus of $1.63, while sales of $3.15 billion were in line with the street view . Operating revenue fell 5% year over year to $3.15 billion due to a 3% and 2% decline in revenue per load excluding fuel surcharge revenue in Intermodal and Truckload segments, respectively, a 4% reduction in average trucks in Dedicated Contract Services and a 22% decrease in load volume in Integrated Capacity Solutions . Also, JP Morgan cut the price forecast to $200 from $2... .. read more..
Swiss Stock Market Extends Win Streak To Four Sessions
Friday, January 17,2025,14:32
The Swiss stick market was in the green from start to finish on Friday, rising optimism over the outlook for interest rates and extending recent gains. .. read more..
Unpacking the Latest Options Trading Trends in Booking Holdings
Friday, January 17,2025,14:30
Investors with a lot of money to spend have taken a bullish stance on Booking Holdings (NASDAQ: BKNG ). And retail traders should know. We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga. Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with BKNG, it often means somebody knows something is about to happen. So how do we know what these investors just did? Today, Benzinga 's options scanner spotted 70 uncommon options trades for Booking Holdings. This isn't normal. The overall sentiment of these big-money traders is split between 45% bullish and 38%,... .. read more..
Market Whales and Their Recent Bets on OZK Options
Friday, January 17,2025,14:30
Investors with a lot of money to spend have taken a bearish stance on Bank OZK (NASDAQ: OZK ). And retail traders should know. We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga. Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with OZK, it often means somebody knows something is about to happen. So how do we know what these investors just did? Today, Benzinga 's options scanner spotted 15 uncommon options trades for Bank OZK. This isn't normal. The overall sentiment of these big-money traders is split between 20% bullish and 60%, bearish. Out of a... .. read more..
Behind the Scenes of Carnival's Latest Options Trends
Friday, January 17,2025,14:30
Investors with a lot of money to spend have taken a bearish stance on Carnival (NYSE: CCL ). And retail traders should know. We noticed this today when the positions showed up on publicly available options history that we track here at Benzinga. Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with CCL, it often means somebody knows something is about to happen. Today, Benzinga's options scanner spotted 23 options trades for Carnival . This isn't normal. The overall sentiment of these big-money traders is split between 39% bullish and 52%, bearish. Out of all of the options we uncovered, there was 1 put, for a to... .. read more..
Teva Challenges Drug Price Law's Impact On Innovation, Generics
Friday, January 17,2025,14:24
Teva Pharmaceuticals Industries Ltd (NYSE: TEVA ) has filed a lawsuit contesting the Inflation Reduction Act of 2022, targeting its drug-pricing provisions and the Centers for Medicare & Medicaid Services’ implementation of the program. The company argues that the law undermines pharmaceutical innovation and the delicate balance between affordability and competition in the U.S. healthcare system. Teva’s complaint highlights its dual role as a developer of therapies and provider of lower-cost generics and biosimilars. The company contends that the IRA's Drug Price Negotiation Program (DPNP) disrupts free-market competition by enabling CMS to impose price controls witho... .. read more..
Intel Stock Gains On Speculative Buyout Report, Details Remain Unclear
Friday, January 17,2025,14:15
Intel Corp (NASDAQ: INTC ) stock gained Friday on reports claiming that the struggling chipmaker is an acquisition target. The stock has plunged 54% in the last 12 months. Charlie Demerjian of SemiAccurate claimed an email about a resourceful company trying to acquire Intel wholly . However, the report did not disclose the name of the acquirer or the purchase consideration for Intel. Reportedly, CFO Dave Zinsner had acknowledged the possibility of selling Intel’s factory and product development divisions. Zinsner and Michelle Johnston Holthaus became Intel’s interim co-CEO after the company fired veteran chief Pat Gelsinger as his turnaround efforts failed to impress the board... .. read more..
UnitedHealth's Strong Member Loyalty Powers Analyst Growth Forecasts
Friday, January 17,2025,14:09
On Thursday, UnitedHealth Group (NYSE: UNH ) reported the fourth-quarter 2024 earnings and reaffirmed 2025 guidance . The company reported adjusted EPS of $6.81, up from $6.16 a year ago, beating the consensus of $6.72. Revenues increased 6.8% year over year to $100.8 billion, missing the consensus of $101.76 billion. KeyBanc Capital Markets says the third-quarter results included some unusual fluctuations but did not change the overall outlook. One-time revenue factors drove the higher medical loss ratio (MLR), while core cost trends stayed consistent, impacted by hospital coding and specialty drug expenses. Also Read: UnitedHealth CEO Highlights Hospitals, Doc... .. read more..
Trump Media’s Unusual Options Activity Provides a Potential Way to Profit Fro...
Friday, January 17,2025,14:08
Donald Trump becomes the 47th president on Monday. Trump Media and Technology Group had five unusually active options in Thursday’s trading. If you’re bullish on DJT stock, here’s a way to potentially profit from next week’s events. .. read more..
How to Make a 2.0% Yield Over the Next 3 Weeks - Shorting OTM Nvidia Puts
Friday, January 17,2025,14:08
Shorting out-of-the-money Nvidia put options in 3-week expiry periods can provide a 2% yield. That is a result of elevated premiums and NVDA stock's flat performance. .. read more..
Stocks Rally on US Economic Strength and US-China Trade Optimism
Friday, January 17,2025,14:08
The S&P 500 Index ($SPX ) (SPY ) today is up +1.06%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.91%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.56%. March E-mini S&P futures (ESH25 ) are up +1.05%, and March E-mini Nasdaq futures... .. read more..
Supreme Court upholds law that would ban TikTok in the U.S.
Friday, January 17,2025,14:05
The Supreme Court on Friday upheld a new law that would lead to a ban of the social media platform TikTok. .. read more..
AstraZeneca Aims to Restore Trust With New Leadership in China Amid Scandal a...
Friday, January 17,2025,14:03
AstraZeneca Plc (NASDAQ: AZN ) has restructured its leadership in China following a high-profile scandal involving its former country president, Leon Wang, and other employees. In September, Chinese authorities detained five current and former employees of AstraZeneca as part of a broader investigation into alleged illegal activities in the pharmaceutical sector . The investigation focused on potential breaches of data privacy laws and the importation of unlicensed cancer medications. Also Read: Popular Ozempic, Wegovy Selected For Next Round Of Medicare Drug Price Negotiations A report said that senior executives at AstraZeneca China are embroiled in an insurance fr... .. read more..
Looking At KKR's Recent Unusual Options Activity
Friday, January 17,2025,14:00
High-rolling investors have positioned themselves bullish on KKR (NYSE: KKR ), and it's important for retail traders to take note. \This activity came to our attention today through Benzinga's tracking of publicly available options data. The identities of these investors are uncertain, but such a significant move in KKR often signals that someone has privileged information. Today, Benzinga's options scanner spotted 8 options trades for KKR. This is not a typical pattern. The sentiment among these major traders is split, with 50% bullish and 25% bearish. Among all the options we identified, there was one put, amounting to $36,000, and 7 calls, totaling $3,306,877. What'... .. read more..
First Solar Unusual Options Activity For January 17
Friday, January 17,2025,14:00
Whales with a lot of money to spend have taken a noticeably bullish stance on First Solar . Looking at options history for First Solar (NASDAQ: FSLR ) we detected 12 trades. If we consider the specifics of each trade, it is accurate to state that 75% of the investors opened trades with bullish expectations and 0% with bearish. From the overall spotted trades, 4 are puts, for a total amount of $220,754 and 8, calls, for a total amount of $345,060. Projected Price Targets After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $135.0 and $200.0 for First Solar, spanning the last three months. Volume & Op... .. read more..
Spotlight on Costco Wholesale: Analyzing the Surge in Options Activity
Friday, January 17,2025,14:00
Financial giants have made a conspicuous bullish move on Costco Wholesale. Our analysis of options history for Costco Wholesale (NASDAQ: COST ) revealed 49 unusual trades. Delving into the details, we found 53% of traders were bullish, while 28% showed bearish tendencies. Out of all the trades we spotted, 19 were puts, with a value of $2,817,712, and 30 were calls, valued at $2,288,798. What's The Price Target? Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $475.0 to $1500.0 for Costco Wholesale over the last 3 months. Insights into Volume & Open Interest In today's trading context, the avera... .. read more..
Rate Cut Hopes Boost European Stock Markets
Friday, January 17,2025,13:55
Optimism over interest rate cuts had traders in a happy mood on Friday as the major European stock markets finished solidly to the upside, extending recent gains. .. read more..
Nasdaq Surges Over 300 Points; State Street Earnings Top Views
Friday, January 17,2025,13:53
U.S. stocks traded higher toward the end of trading, with the S&P 500 gaining around 1% on Friday. The Dow traded up 0.99% to 43,580.17 while the NASDAQ rose 1.81% to 19,688.08. The S&P 500 also rose, gaining, 1.25% to 6,011.81. Check This Out: Top 3 Defensive Stocks That Could Blast Off This Quarter Leading and Lagging Sectors Consumer discretionary shares surged by 2.3% on Friday. In trading on Friday, health care shares fell by 0.1%. Top Headline State Street Corporation (NYSE: STT ) posted better-than-expected fourth-quarter earnings on Friday. The company reported fourth quarter adjusted earnings per share of $2.60, beating the street view of $2.43. Quarterly sales of $3.412 ... .. read more..
FAA grounds SpaceX's Starship after mid-flight explosion, reports property da...
Friday, January 17,2025,13:46
The FAA grounded SpaceX's Starship pending an investigation into the failure that caused the rocket to break apart midflight after launching on Thursday. .. read more..
Novo Nordisk Unusual Options Activity
Friday, January 17,2025,13:45
Whales with a lot of money to spend have taken a noticeably bullish stance on Novo Nordisk . Looking at options history for Novo Nordisk (NYSE: NVO ) we detected 21 trades. If we consider the specifics of each trade, it is accurate to state that 71% of the investors opened trades with bullish expectations and 28% with bearish. From the overall spotted trades, 5 are puts, for a total amount of $201,386 and 16, calls, for a total amount of $1,105,756. Expected Price Movements Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $52.5 to $120.0 for Novo Nordisk over the last 3 months. Volume & Open Interest Dev... .. read more..
Looking At Wynn Resorts's Recent Unusual Options Activity
Friday, January 17,2025,13:45
Investors with a lot of money to spend have taken a bullish stance on Wynn Resorts (NASDAQ: WYNN ). And retail traders should know. We noticed this today when the positions showed up on publicly available options history that we track here at Benzinga. Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with WYNN, it often means somebody knows something is about to happen. Today, Benzinga's options scanner spotted 8 options trades for Wynn Resorts . This isn't normal. The overall sentiment of these big-money traders is split between 75% bullish and 12%, bearish. Out of all of the options we uncovered, there was 1 pu... .. read more..
Check Out What Whales Are Doing With AMAT
Friday, January 17,2025,13:45
Investors with a lot of money to spend have taken a bullish stance on Applied Mat (NASDAQ: AMAT ). And retail traders should know. We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga. Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with AMAT, it often means somebody knows something is about to happen. So how do we know what these investors just did? Today, Benzinga 's options scanner spotted 25 uncommon options trades for Applied Mat. This isn't normal. The overall sentiment of these big-money traders is split between 32% bullish and 32%, bearish. ... .. read more..
This Week In Cannabis: Rescheduling Delays, The DEA, Biden's Clemency, Philip...
Friday, January 17,2025,13:31
The cannabis industry continues to evolve amidst regulatory challenges, expanding markets and innovative product launches. This week’s updates span U.S. federal reform delays, Florida's renewed push for legalization, international developments in Europe, corporate acquisitions and cutting-edge products reshaping the market. Politics And Policy DEA Hearing Postponed Amid Allegations Of Misconduct The federal process to reclassify cannabis from Schedule I to Schedule III under the Controlled Substances Act faced a setback this week. Administrative Law Judge John Mulrooney postponed a pivotal hearing, citing allegations of misconduct within the DEA. Advocates had accused the agenc... .. read more..
Looking At Summit Therapeutics's Recent Unusual Options Activity
Friday, January 17,2025,13:30
Whales with a lot of money to spend have taken a noticeably bearish stance on Summit Therapeutics . Looking at options history for Summit Therapeutics (NASDAQ: SMMT ) we detected 9 trades. If we consider the specifics of each trade, it is accurate to state that 22% of the investors opened trades with bullish expectations and 77% with bearish. From the overall spotted trades, 6 are puts, for a total amount of $305,983 and 3, calls, for a total amount of $105,141. Expected Price Movements Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $10.0 to $50.0 for Summit Therapeutics over the recent three months. Volume & O... .. read more..
This Is What Whales Are Betting On Morgan Stanley
Friday, January 17,2025,13:30
Whales with a lot of money to spend have taken a noticeably bearish stance on Morgan Stanley . Looking at options history for Morgan Stanley (NYSE: MS ) we detected 24 trades. If we consider the specifics of each trade, it is accurate to state that 12% of the investors opened trades with bullish expectations and 62% with bearish. From the overall spotted trades, 2 are puts, for a total amount of $77,411 and 22, calls, for a total amount of $2,712,485. Projected Price Targets Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $80.0 to $145.0 for Morgan Stanley over the recent three months. Analyzing Volume & Open In... .. read more..
Targa Resources's Options: A Look at What the Big Money is Thinking
Friday, January 17,2025,13:30
High-rolling investors have positioned themselves bullish on Targa Resources (NYSE: TRGP ), and it's important for retail traders to take note. \This activity came to our attention today through Benzinga's tracking of publicly available options data. The identities of these investors are uncertain, but such a significant move in TRGP often signals that someone has privileged information. Today, Benzinga's options scanner spotted 8 options trades for Targa Resources. This is not a typical pattern. The sentiment among these major traders is split, with 87% bullish and 12% bearish. Among all the options we identified, there was one put, amounting to $28,800, and 7 calls, total... .. read more..
What's Going On With Li Auto Stock Today?
Friday, January 17,2025,13:26
Li Auto Inc. (NASDAQ: LI ) shares are trading higher on Friday. In fact, shares of Chinese stocks are trading higher after China’s 2024 GDP met the government’s 5% target. According to Benzinga Pro , LI stock has lost over 22% in the past year. Investors can gain exposure to the stock via VanEck Low Carbon Energy ETF (NYSE: SMOG ). Li Auto has reportedly opened its first overseas R&D center in Munich, Germany, marking the start of its global R&D strategy, CnEV Post reports . The company previously had ... Full story available on Benzinga.com .. read more..
Ouster CFO Mark Weinswig Resigns, Company Maintains Revenue Forecast
Friday, January 17,2025,13:17
Ouster, Inc. (NASDAQ: OUST ) shares are trading lower on Friday following the announcement of the departure of its Chief Financial Officer Mark Weinswig. Weinswig will leave the company effective January 31, 2025, to pursue a new career opportunity. Ouster stated that his resignation was not due to any disagreements related to the company’s operations, policies, accounting principles, financial statements, or disclosures. Ouster’s Board of Directors has appointed Chen Geng, the company’s Vice President of Strategic Finance and Treasurer, as Interim CFO, also effective on the same day. Geng, ... Full story available on Benzinga.com .. read more..
Wall Street Roars Ahead Of Trump's Inauguration, Intel Rallies, Bitcoin Tops ...
Friday, January 17,2025,13:17
Risk appetite surged on Wall Street at the end of the week, with investors ramping up stock purchases ahead of Monday's market closure for Martin Luther King Day, which is also when Donald Trump will be sworn in as the 47th U.S. president. All major indices posted robust gains in midday trading, setting up for their strongest weekly performance since early November. Broad-based buying lifted every sector into the green, underscoring the strength of the rally. Adding to the positive mood, the Israeli Security Cabinet approved a ceasefire deal with Hamas in Gaza , leaving final government approval as the last step before the agreement takes effect on Sunday. Chipmaker Intel Corp. (NASD... .. read more..
FTC Sues PepsiCo, Alleges Illegal Price Discrimination In Favor Of Big Box Re...
Friday, January 17,2025,13:03
PepsiCo, Inc. (NASDAQ: PEP ) shares are trading slightly higher on Friday . Today, the snacks and beverages behemoth landed in hot water after facing legal action from the Federal Trade Commission (FTC), which alleges that the company has engaged in illegal price discrimination. According to the FTC’s complaint, Pepsi has been providing unfair pricing advantages to one of its largest customers—a major big box retailer—while raising prices for competing retailers and customers. Reuters reports that the retailer is none other than Walmart Inc. (NYSE: WMT ), citing a source familiar with the discussions. “When firms like Pepsi give massive retailers a leg up, it tilts the playing... .. read more..
U.S. equity fund outflows surged on doubts over Fed rate cuts
Friday, January 17,2025,13:00
U.S. equity funds saw a spike in outflows for the week ending Jan. 15, as the outlook for Federal Reserve rate cuts this year had dimmed while investors were cautious about the ongoing quarterly earnings season. According to LSEG Lipper data, investors withdrew a sharp $8.23 billion from U.S. equity funds during the week on ... .. read more..
Market Whales and Their Recent Bets on TGT Options
Friday, January 17,2025,13:00
Investors with a lot of money to spend have taken a bearish stance on Target (NYSE: TGT ). And retail traders should know. We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga. Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with TGT, it often means somebody knows something is about to happen. So how do we know what these investors just did? Today, Benzinga 's options scanner spotted 15 uncommon options trades for Target. This isn't normal. The overall sentiment of these big-money traders is split between 40% bullish and 53%, bearish. Out of all of ... .. read more..
Looking At United Airlines Holdings's Recent Unusual Options Activity
Friday, January 17,2025,13:00
Whales with a lot of money to spend have taken a noticeably bearish stance on United Airlines Holdings . Looking at options history for United Airlines Holdings (NASDAQ: UAL ) we detected 31 trades. If we consider the specifics of each trade, it is accurate to state that 41% of the investors opened trades with bullish expectations and 48% with bearish. From the overall spotted trades, 14 are puts, for a total amount of $1,215,730 and 17, calls, for a total amount of $963,390. Projected Price Targets Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $47.0 to $120.0 for United Airlines Holdings during the past quart... .. read more..
Unrivaled women's basketball league debuts Friday. Here's everything we know ...
Friday, January 17,2025,12:40
The Unrivaled basketball league will play its first games, airing on TNT, on Friday. It's poised to capitalize on growing national interest in women's sports. .. read more..