Boxes of various Kellogg’s cereals are displayed on shelves at a Walmart Supercenter on May 6, 2025 in Austin, Texas. Brandon Bell | Getty Images Shares of WK Kellogg soared more than 50% on Wednesday following a report that chocolate maker Ferrero is close to a roughly $3 billion deal to buy the cereal company….
One corner of the energy market is poised to gain as data centers drive demand for natural gas-fueled power, according to TD Cowen – and a few of those providers pay attractive dividends, too. Midstream natgas companies own pipelines and other infrastructure to move oil and gas products, and the burgeoning demand for gas should…
Of the 25 stocks within the VanEck Semiconductor ETF (SMH) , seven components are within 3% of their 52-week highs. ASML is not one of them — it’s trading about 30% below its own 52-week high which, ironically, was set almost exactly a year ago on July 11. However, ASML may be one of the…
Former New York Giants quarterback Eli Manning is no longer interested in buying a minority stake in his old team, telling CNBC Sport Wednesday that he’s been priced out. “Basically, it’s too expensive for me,” Manning told CNBC Sport in an interview. “A 1% stake valued at $10 billion turns into a very big number.”…
Shares of global product design and technology company SharkNinja could see even more upside, in part due to Oscar-winning film star Brad Pitt, according to Bank of America. The bank reiterated its buy rating on the name and upped its price target to $130 from $125, which implies more than 23% upside from Tuesday’s closing…
Here are some of the companies making big moves in midday trading. Monster Beverage — The energy drink manufacturer dropped nearly 3% after Rothschild & Co. downgraded shares to neutral from buy. Analyst Charlie Higgs pointed to uncertainty around aluminum tariffs, noting that “this has yet to be reflected in consensus estimates, which look too…
Top executives from tech, media and finance gathered in Sun Valley, Idaho, for Allen & Co.’s annual conference this week, an event that is often referred to as “summer camp for billionaires.” Apple CEO Tim Cook, Walmart CEO Doug McMillon, Disney CEO Bob Iger and OpenAI CEO Sam Altman were all pictured entering the lodge….
T-Mobile (TMUS) has started to face increasing headwinds despite industry leading performance. Slowing subscriber growth, stretched valuations and elevated debt levels collectively form a compelling case for seeking bearish exposure. With TMUS’s recent underperformance, I’m laying out a bearish options strategy to capitalize on potential downside. Trade Timing The timing for initiating bearish exposure in…
A view of the Consumer Financial Protection Bureau headquarters in Washington. Saul Loeb | Afp | Getty Images A massive tax and spending law that President Donald Trump signed last week slashes the Consumer Financial Protection Bureau’s annual budget — and critics of the move say they fear it may lead to less oversight of…
Automakers are urging customers to snap up electric vehicles before a $7,500 U.S. tax credit goes away this fall. Tesla’s homepage on Tuesday displayed a banner: “$7,500 Federal Tax Credit Ending. Take Delivery by September 30, 2025.” The same day, Ford Motor extended its deal for free home chargers and installation through the end of September to entice EV shoppers. Sweeping tax and budget…
