Options trading data for Morgan Stanley (NYSE:MS) suggests a sizable investor has adopted a bearish perspective on the financial giant. A closer examination of the trading history reveals 11 unusual trades. In these unusual trades, it’s clear that investor sentiment is divided – 36% of investors appear bullish, initiating optimistic trades, while the…
Domino’s Pizza Inc (NYSE:DPZ) announced its Q2 FY23 financial results with some hits and misses, amid a sales drop of 3.8% YoY, totaling $1.02 billion. This figure came up short against the expected analyst consensus of $1.07 billion. The reported sales decline largely stemmed from a drop in supply chain revenues, as…
Tesla Inc.’s highly-anticipated vehicle, the Cybertruck, has been creating quite a stir as its introduction to the market draws near. Esteemed Bloomberg news anchor, Jon Erlichman, recently tweeted his insights on the forthcoming launch, indicating that the Cybertruck might potentially propel Tesla’s business to the tune of $30 billion. However, he also…
The American banking sector is facing a significant challenge. An astonishing $78 billion made a swift exit from U.S. bank accounts during the week of July 5 to 12, according to recent Federal Reserve Economic Data. An Industry Leader Speaks Out Jamie Dimon, the CEO of JPMorgan Chase, vocalized concerns over this…
In the midst of the AI-driven technology stock surge of 2023, Elon Musk’s Tesla Inc. (NASDAQ:TSLA) has been enjoying quite a ride. However, the company’s inflated valuation is raising eyebrows in some quarters. The investment research firm New Constructs, led by its CEO David Trainer, proposes a startling analysis: according to them, the valuation…
In the high-stakes world of big-time investors, a high roller has chosen to gamble on a downward trajectory for Cisco Systems. A thorough analysis of Cisco Systems’ (NASDAQ:CSCO) options trading history unveils a series of 18 unusual transactions. A closer examination of these trades reveals a nearly even split in market sentiment—44% of…
There’s something extraordinary happening down at the Kennedy Space Center in Florida. Amazon (NASDAQ:AMZN), an e-commerce titan, has made its debut into the starry expanses of space, initiating its grand Project Kuiper. With an awe-inspiring investment of $120 million, Amazon has embarked on an endeavor that aims to interlink our world in ways…
(Reuters) – European airports are in the midst of another busy summer as passenger numbers globally recover to pre-pandemic levels, while airline and airport staff continue wage talks. The travel industry is on high alert for disruption after Europe’s peak season last year was hit by cancellations, causing chaos at airports. This summer, air traffic…
“Hey Apple enthusiasts, there’s some spicy news coming your way! Our beloved tech giant, Apple (NASDAQ:AAPL), is secretly cooking up some artificial intelligence (AI) goodies that could potentially take on the likes of OpenAI, Google (NASDAQ:GOOG) (NASDAQ:GOOGL), and other heavy hitters in the field. Under the hood, Apple has been working on a…
(Reuters) -U.S. bank regulators are set to release their plans next week for a sweeping overhaul of capital rules, with the latest draft including requirements for large lenders’ residential mortgages that go beyond international standards, Bloomberg News reported on Monday. The changes would be part of the U.S. version of a global accord known as…
