SoFi Technologies, Inc (NASDAQ:SOFI) on Thursday launched SoFiUSD, a fully reserved U.S. dollar stablecoin issued by SoFi Bank, N.A. It enabled the company to act as a stablecoin infrastructure provider for banks, fintechs, and enterprise platforms. Partners can leverage SoFi's…
Lululemon Athletica Inc. (NASDAQ:LULU) shares are trading higher on Thursday after Elliott Investment Management reportedly took a $1 billion+ stake in the company and is pushing for a new CEO to steer the retailer through recent challenges. Elliott would now be…
Cintas Corporation (NASDAQ:CTAS) stock rose Thursday after the company beat profit estimates, posted solid sales growth, and raised its full-year forecast. The company reported second-quarter earnings per share of $1.21, beating the analyst consensus estimate of $1.20. Quarterly sales of…
Whales with a lot of money to spend have taken a noticeably bearish stance on Netflix. Looking at options history for Netflix (NASDAQ:NFLX) we detected 26 trades. If we consider the specifics of each trade, it is accurate to state…
Whales with a lot of money to spend have taken a noticeably bullish stance on JPMorgan Chase. Looking at options history for JPMorgan Chase (NYSE:JPM) we detected 20 trades. If we consider the specifics of each trade, it is accurate…
High-rolling investors have positioned themselves bullish on Exxon Mobil (NYSE:XOM), and it's important for retail traders to take note. This activity came to our attention today through Benzinga's tracking of publicly available options data. The identities of these investors are…
Looking into the current session, General Mills Inc. (NYSE:GIS) shares are trading at $48.89, after a 0.58% spike. Moreover, over the past month, the stock increased by 2.26%, but in the past year, decreased by 23.14%. Shareholders might be interested…
FactSet Research Systems Inc. (NYSE:FDS) reported first-quarter sales of $607.6 million, surpassing analyst expectations of $600.5 million and representing a 6.9% year-over-year (Y/Y) gain. The company reported quarterly adjusted earnings per share of $4.51, exceeding the street view of $4.37. Key Metrics Organic revenues grew 6.0% Y/Y to $600.0 million during the quarter. Also Read: Top Wall Street Forecasters…
Wall Street surged Thursday morning after a cooler-than-expected inflation report reinforced confidence that price pressures are easing and the Federal Reserve's policy path remains intact. The Consumer Price Index rose 2.7% year-over-year in November, down from September's 3% pace and…
General Mills Inc. (NYSE:GIS) posted better-than-expected second-quarter earnings and reaffirmed its fiscal 2026 outlook on Wednesday. The company reported second-quarter adjusted earnings per share of $1.10, beating the analyst consensus estimate of $1.03. Quarterly sales of $4.86 billion (down 7%…