A large tranche of deep out-of-the-money GOOGL call options that expire in over a year and a half highlights the underlying value of Alphabet stock. This is seen in today's Barchart Unusual Stock Options Activity Report.
The wheat complex is showing weakness across the three exchanges at midday. Chicago SRW futures are 9 to 10 cents lower on Wednesday. KC HRW futures are 11 to 12 cents in the red at midday. MPLS spring wheat futures are up ¾ cents to 2 ¼ cents lower...
Soybeans are posting 14 to 16 cent losses across the front months on Wednesday’s midday. The cmdtyView national average Cash Bean price was is 15 3/4 cents lower at $10.64. Soymeal futures are back down $5.60, with Soy Oil futures 122 points lower. U...
Corn futures are trading with sharp 7 to 8 cent losses at midday on Wednesday. The CmdtyView national average Cash Corn price is down 7 3/4 cents at $3.97 1/2. EIA data from this morning showed a rebound of 16,000 barrels per day to 1.091 million bp...
Lean hog futures are bouncing back on Wednesday, with gains of $1.22 to $1.97. USDA’s national base hog price from Wednesday morning was not reported due to low volume. The CME Lean Hog Index was down another 33 cents on November 17 at $86.67. Pork...
Cotton futures are trading with contracts down 17 to 41 points on Wednesday. Crude oil futures are back down $1.42 per barrel to $59.32 on the day, with the US dollar index $0.601 higher to $100.050. August cotton exports (excluding linters) totaled...
Live cattle futures are down $4.90 to $5.30 losses across most contracts on Wednesday. A few cash sales in the north has been reported at $220 this week. Bids have been reported at $218 in the North and $224 in the South. The Wednesday morning Fed Ca...
Google released Gemini 3 yesterday with immediate availability across its entire ecosystem. Gemini 3 can create custom layouts with interactive elements, comparison tools, and dynamic visualizations tailored to each query.
AST SpaceMobile could revolutionize cell service from orbit -- and with $1 billion in contracts already signed, this satellite stock might just be getting started.
Shares of home improvement retailer Lowe’s (NYSE:LOW)
jumped 5.2% in the afternoon session after the company reported third-quarter earnings that beat analyst profit expectations and raised its full-year sales forecast, despite a slight revenue miss and lowered earnings guidance. The home improvement retailer posted adjusted earnings of $3.06 per share, surpassing the consensus estimate of $2.95. Total sales for the quarter were $20.81 billion, a 3.2% year-over-year increase, but just shy of Wall Street's expectation of $20.87 billion. Same-store sales, a key industry metric, were flat compared to the same period last year. Looking ahead, Lowe's increased its total sales outlook for the full year to $86 billion at the midpoint, but lowered its forecast for adjusted earnings to approximately $12.25 per share. The market's positive reaction suggested investors focused on the profit beat and higher sales guidance, weighing them more heavily than the mixed outlook.
Shares of online community and discussion platform Reddit (NYSE:RDDT) jumped in the afternoon session after several analysts reiterated positive outlooks on the company, citing strong performance and growth potential. Truist Securities maintained its Buy rating on Reddit and increased its price target, pointing to strong user engagement and favorable guidance. Similarly, Jefferies kept its Buy rating, highlighting the company's solid financial performance. This analyst confidence followed as Reddit continued to expand its advertising products, having recently announced the launch of Interactive Ads. This new format was designed to transform traditional advertising into more participatory experiences for brands within the platform's numerous communities.
Shares of online used car dealer Carvana (NYSE: CVNA)
jumped 1.2% in the afternoon session after its CEO, Ernie Garcia, outlined the company's ambitious growth strategy at Wells Fargo's 9th Annual TMT Summit. During the presentation, Garcia detailed the company's vision, which included a bold target of selling 3 million retail vehicles annually within the next 5 to 10 years. The company also stated it was comfortable with its current 40% growth rate. This outlook suggested a strong belief in its ability to sustain high growth rates by focusing on operational improvements.
Shares of PCB manufacturing company TTM Technologies (NASDAQ:TTMI) jumped 2% in the afternoon session after investors took notice of the company's accelerating financial performance and strong growth metrics. The company's earnings results showed notable speed increases over recent periods. Quarterly earnings per share (EPS) growth accelerated to 63.4% in the most recent quarter. This built on a trend of strong gains in the preceding periods. Trailing twelve-month EPS growth stood at 54.6%, which greatly outpaced the company's past results. Revenue growth also picked up, reaching 22.1% in the latest quarter, a significant jump from 14.4% three quarters before.
