As the NBA playoffs heat up, the Los Angeles Lakers and the Denver Nuggets find themselves in a familiar position. It’s a throwback to the conference finals of 2020 in Orlando’s NBA bubble when the two teams fought tooth and nail over five games. In the end, the Lakers took the series and proceeded to […]
A group of Democratic Senators plans to urge President Joe Biden to invoke the 14th Amendment in order to address the debt ceiling crisis. A letter has circulated among Democrats in the Senate, indicating rising skepticism about the path of debt ceiling discussions as the June 1 deadline approaches, according to NBC News. The draft letter has
A whale with a lot of money to spend has taken a noticeably bullish stance on Wells Fargo. Looking at options history for Wells Fargo WFC we detected 13 strange trades. If we consider the specifics of each trade, it is accurate to state that 61% of the investors opened trades with bullish expectations and
Looking At Wells Fargo’s Recent Unusual Options Activity – Wells Fargo (NYSE:WFC) Read More »
Anheuser-Busch InBev’s BUD short percent of float has risen 10.34% since its last report. The company recently reported that it has 5.40 million shares sold short, which is 0.32% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.9 days to cover their short positions on
Target Corp TGT reported first-quarter FY23 sales growth of 0.6% year-on-year to $25.32 billion, beating the analyst consensus estimate of $25.29 billion. Comparable store sales increased by 0.7%, while comparable digital sales declined by 3.4%. Gross margin for the quarter expanded by 60 basis points to 26.3%. The gross margin rate reflected the benefit of lower freight costs,
NEW YORK, May 16, 2023 /PRNewswire/ — InvestorsObserver issues critical PriceWatch Alerts for NU, CABA, CVRX, ATEC, and TMDX. To see how InvestorsObserver’s proprietary scoring system rates these stocks, view the InvestorsObserver’s PriceWatch Alert by selecting the corresponding link. (Note: You may have to copy this link into your browser then press the [ENTER] key.)
JPMorgan Chase & Co JPM CEO Jamie Dimon reportedly said the lender is unlikely to buy any additional regional banks that are struggling in the wake of the sector’s turmoil. Dimon made the clarification in response to a shareholder question at the bank’s annual meeting on Tuesday, a Bloomberg report said. The veteran banker said
Tesla Inc TSLA CEO Elon Musk shared his concerns about the Federal Reserve’s monetary policy, stating that the institution has been too slow to increase interest rates and will likely be too slow to decrease them in the upcoming months. In a conversation with CNBC’s David Faber on Tuesday, Musk shed light on his thoughts
