By Daniel Wiessner (Reuters) – Twitter Inc on Tuesday was hit with the second lawsuit this month to claim that it owes at least $500 million in severance pay to ex-workers, the latest in a series of cases arising from Elon Musk’s acquisition of the social media company. The proposed class action filed in Delaware…
(Reuters) – U.S. trucking firm J.B. Hunt Transport Services Inc missed Wall Street estimates for quarterly profit on Tuesday, hit by declining freight volumes as high inflation dented consumer spending. Shares of the company fell about 1% at $187 after the bell. Trucking and logistic firms, in the last few quarters, have struggled with weak…
The surge of potential short squeeze plays has gained momentum in 2021 and continued throughout 2022, captivating the attention of new traders in search of lucrative opportunities. Certain characteristics, such as high short interest and steep borrowing costs, have emerged as common indicators that could trigger a short squeeze. Let’s take a closer look at…
ProMIS Neurosciences Inc. (NASDAQ: PMN) witnessed a significant surge in its share value on Monday, following a compelling presentation of preclinical data at AAIC 2023. The data showcased the promising therapeutic potential of their leading candidate, PMN310, for Alzheimer’s disease (AD), along with groundbreaking research on a computationally-derived AD vaccine. The findings revealed that PMN310…
By Timothy Gardner (Reuters) -Mountain Valley Pipeline LLC asked the U.S. Supreme Court in a filing on Friday to vacate stays imposed by a federal court halting construction of a portion of its West Virginia-to-Virginia natural gas pipeline. On July 10, an appellate court in Virginia halted construction of the last short section of the…
In recent trading sessions, the Direxion Daily Semiconductor Bull 3X Shares (NASDAQ:SOXL) exhibited a modest spike before stabilizing near Thursday’s closing price. The ETF’s recent upward movement follows a breakout from an inside bar pattern highlighted by financial analysis platform Benzinga on June 28. As the semiconductor sector enters a bullish cycle, notable industry players…
A significant player with considerable resources has recently taken a bullish position on Shell (NYSE:SHEL), which is crucial information for retail traders. The emergence of this sizable investment in publicly available options history raises intrigue, often indicating insider knowledge and potential upcoming developments. Understanding the Whale’s Moves: Today, we came across 16 uncommon options trades…
There has been an interesting development in relation to FedEx (NYSE: FDX) as a wealthy individual or institution has taken a bearish stance on the company. This significant position was detected through publicly available options history, indicating that someone may have insider knowledge or insights into an impending event. Recently there were 12 sizeable…
The latest data from the Bureau of Labor Statistics on non-farm payrolls has revealed a disappointing job growth figure for June, falling short of expectations. Economist David Rosenberg shared his analysis and shed light on the potential implications for the economy. In a tweet, Rosenberg pointed out that when considering factors like back revisions, multiple…
This Week In the World of Apple This week in the world of Apple, enthusiasts were treated to exciting news and attractive deals. Let’s dive into the details of what unfolded. Rumors have surfaced about the upcoming iPhone 15, suggesting a significant increase in battery capacity that could enhance its power capabilities. It is speculated…
