March arabica coffee (KCH24 ) on Thursday closed down -2.50 (-1.32%), and Mar ICE robusta coffee (RMH24 ) closed up +44 (+1.37%). Coffee prices on Thursday settled mixed, with Mar robusta posting a new contract high. Arabica coffee prices were under pressure Thursday for a second session on forecasts for...
March NY world sugar #11 (SBH24 ) on Thursday closed down -0.42 (-1.72%), and March London ICE white sugar #5 (SWH24 ) closed down -10.00 (-1.46%). Sugar prices on Thursday fell back from 7-week highs and closed moderately lower. A sharp increase in Brazil's sugar production undercut prices Thursday after...
March ICE NY cocoa (CCH24 ) on Thursday closed -160 (-3.34%), and Mar ICE London cocoa #7 (CAH24 ) closed -71 (-1.87%). Cocoa prices on Thursday gave up an early rally and closed sharply lower. A stronger dollar sparked long liquidation in cocoa futures that turned into technical selling as...
At Holdings Channel, we have reviewed the latest batch of the 24 most recent 13F filings for the 12/31/2023 reporting period, and noticed that Bristol Myers Squibb Co. (Symbol: BMY) was held by 12 of these funds. When hedge fund managers appear to be thinking alike, we find it i
Artificial intelligence (AI) is Wall Street’s new obsession, with companies discussing the technology in a snowballing fashion and helping to keep sentiment positive.
March WTI crude oil (CLH24 ) this morning is up +1.41 (+1.88%), and Mar RBOB gasoline (RBH24 ) is up +2.03 (+0.91%). Crude oil and gasoline prices this morning rallied to 1-3/4 month highs and are moderately higher. Signs of strength in U.S. energy demand support crude prices after today's...
At Holdings Channel, we have reviewed the latest batch of the 25 most recent 13F filings for the 12/31/2023 reporting period, and noticed that iShares Trust - Core S&P Mid-Cap Exchange Traded Fund (Symbol: IJH) was held by 13 of these funds. When hedge fund managers appear t
Data from the U.S. Bureau of Labor Statistics showed the cost of auto insurance in the U.S. rose more than 20% last year, the biggest annual jump in 47 years. According to auto insurance processing company CCC Intelligent Solutions, the average repair bill for a traditional gas-powered vehicle is $4,437....
What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.35%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.11%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.45%. Stock indexes this morning are moderately higher as signs...
Weave Communications, Inc. WEAV shares ended the last trading session 5.7% higher at $12.14. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the sto
Domo DOMO shares soared 9% in the last trading session to close at $10.71. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 3.4% loss over the past four
Humana Inc. HUM delivered weak fourth-quarter 2023 earnings, driven by higher benefits expenses, operating costs and lower medical memberships. The rising costs trend forced the company to let go of the 2025 EPS target it provided
One stock that might be an intriguing choice for investors right now is BlackRock, Inc. BLK. This is because this security in the Financial - Investment Management space is seeing solid earnings estimate revision activity, and is
Southwest Airlines Co. (LUV) reported fourth-quarter 2023 earnings per share of 37 cents, which outpaced the Zacks Consensus Estimate of 11 cents. In the year-ago quarter, LUV incurred a loss of 38 cents per share.
Teradyne TER is scheduled to report its fourth-quarter 2023 results on Jan 30.For the fourth quarter, TER expects revenues between $640 million and $700 million. The Zacks Consensus Estimate for sales is pegged at $676.37 million,
One stock that might be an intriguing choice for investors right now is The Bank of New York Mellon Corporation BK. This is because this security in the Banks - Major Regional space is seeing solid earnings estimate revision activ
NextEra Energy, Inc. NEE reported fourth-quarter 2023 adjusted earnings of 52 cents per share, which beat the Zacks Consensus Estimate of 49 cents by 6.1%. The bottom line was also up nearly 2% from the prior-year quarter. The yea