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Should You Pick Coca-Cola Stock Over Costco?

2 years 4 months ago
Given its better prospects, we believe Coca-Cola stock  (NYSE: KO) is a better pick than its sector peer Costco stock (NASDAQ: COST). Although both companies are from the Consumer Defensive sector, KO stock trades at a higher valuation multiple of 5.9x revenues, versus
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AI Boom, Improving Supply Will Drive Nvidia's Q1 Results

2 years 4 months ago
Nvidia (NASDAQ: NVDA) is expected to publish its Q1 FY’25 results on May 22. We expect the company to have another upbeat quarter, as tech companies and developers continue to invest heavily in building and deploying generative AI into their apps. This is driving a windfall
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Will Macau Recovery Help Drive MGM Stock Back To $50?

2 years 4 months ago
MGM Resorts stock (NYSE:MGM) currently trades at $41 per share, roughly 19% below its pre-inflation shock high of $50 seen on March 17, 2021. The stock has been impacted by the Macau operations, which saw business largely collapse over 2021 and 2022, due to stringent Covid-19 res
Trefis

Cocoa Prices Recover Some of Their Recent Plunge

2 years 4 months ago
July ICE NY cocoa (CCN24 ) on Tuesday closed up +178 (+2.47%), and July ICE London cocoa #7 (CAN24 ) closed up +123 (+2.05%). Cocoa prices Tuesday posted moderate gains on concerns that recent losses have been excessive. Short covering in cocoa futures emerged Tuesday after the Hightower Report warned...
Barchart

Asian Markets Mostly Higher

2 years 4 months ago
(RTTNews) - Asian stock markets are trading mostly higher on Wednesday, following the broadly positive from Wall Street overnight, as traders largely refrained from making significant moves as they await the release of the minutes of the US Fed's latest monetary policy meeting la
RTTNews

Japanese Market Significantly Lower

2 years 4 months ago
(RTTNews) - The Japanese stock market is significantly lower on Wednesday, extending the losses in the previous session, despite the broadly positive cues from Wall Street overnight. The Nikkei 225 is falling to near the 38,700 level, with weakness across most sectors led by inde
RTTNews

Why Peloton Stock Tumbled Today

2 years 4 months ago
Shares of Peloton Interactive (NASDAQ: PTON) were taking a dive today after the high-end maker of exercise bikes announced a global refinancing that could include borrowing at an interest rate above 11%.
The Motley Fool

Wheat Extends Higher on Tuesday

2 years 4 months ago
The wheat complex was mixed to round out Tuesday, with the winter wheat holding up on Tuesday. Chicago contracts saw gains of 3 ¾ to 8 ¾ cents at the close. Kansas City futures posted fractional to 5 ¾ cent higher trade on the session. MPLS spring wheat futures were...
Barchart

Cattle Rally Resumes on Tuesday

2 years 4 months ago
Live cattle posted higher trade on Tuesday, with contracts closing 75 cent to $1.87 higher. Cash trade this week has been relatively quite so far, with a few light trades of $192 in the north being picked up. USDA reported cash sales of $186 in the South, up to $190...
Barchart

Hog Fade Lower on Tuesday

2 years 4 months ago
Lean hogs closed the Tuesday session with contracts steady to 62 cents lower across the board. USDA’s National Average Base Hog negotiated price was reported at $88.20 on Tuesday afternoon, up $1.77 from day prior. The CME Lean Hog Index was down 7 cents on May 17 at $92.22. USDA’s...
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Cotton Posts Tuesday Strength

2 years 4 months ago
Cotton shrugged off the weakness from overnight trade, with contracts closing with 12 to 35 point gains. The outside market factors were not supportive again today, with crude oil $1.02 lower and the US dollar index 75 points higher. NASS Crop Progress data showed 44% of the US cotton crop...
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Soybeans Drop on Turnaround Tuesday Weakness

2 years 4 months ago
Soybeans closed out the Turnround Tuesday session with contracts steady to 11 ¾ cents in the red, as some bear spreading was apparent with the nearbys down the most. Soymeal futures were down 20 cents to $2.30/ton in the front months and 10 to 60 cents higher in the deferreds....
Barchart

Corn Slips Back Lower on Tuesday

2 years 4 months ago
Corn futures ended the Tuesday session with contracts fractionally 2 ½ cents in the red. Rains over the next couple days are limited to the WCB, with the ECB precip expected over the weekend. USDA reported a couple private export sale announcements this morning, with 113,050 MT split evenly between...
Barchart
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