Author: Lucas

Investors with a lot of money to spend have taken a bearish stance on GE Aerospace (NYSE:GE).And retail traders should know.We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.Whether these are institutions or just wealthy individuals, we don’t know. But when something this big happens with GE, it often means somebody knows something is about to happen.So how do we know what these investors just did? Today, Benzinga’s options scanner spotted 8 uncommon options trades for GE Aerospace.This isn’t normal.The overall sentiment of these big-money traders is split between…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Remember about a month ago, when gold hit an all-time high, lots of commentators got on their hobby horses to huff about currency debasement? Then another set of commentators called nonsense on that idea, saying gold demand was probably just dollar avoidance plus momentum? Maybe everyone was overthinking it. Maybe gold went up because Tether has been buying.Some content could not load. Check your internet connection or browser settings.It’s not news that Tether likes gold. The world’s largest stablecoin issuer has spent…

Brokerage firm JPMorgan on Tuesday, November 25, said it continues to prefer Astral Ltd. over Supreme Industries Ltd., despite its recent substantial outperformance compared to the latter.It said since November 12, shares Astral and Supreme Industries have corrected 9% and 11%, respectively, compared to NIFTY 500, which is down 1%. This comes following three negative developments around polyvinyl chloride (PVC) prices.The recent negative developments around PVC prices are primarily linked to supply glut, weak demand, which has led to price declines and inventory losses.The brokerage said its “overweight” view on the two firms was predicated on: Sustained market share…

(MENAFN- Daily News Egypt) Egypt’s Finance Minister Ahmed Kouchouk announced that the stock of South Korean direct investments in Egypt has now exceeded $6bn, underscoring the depth of bilateral economic cooperation and the growing role of Korea in supporting Egypt’s industrial and export ambitions. Speaking at the Egypt–South Korea Economic Partnership Conference, Kouchouk noted that Korean investors have delivered a“distinguished experience” in localising industries across multiple sectors, while leveraging Egypt’s strategic position as a regional hub for manufacturing and exports to global markets. He stressed that Egypt remains committed to expanding international partnerships to attract private sector investments, positioning Korean…

(Image: Getty)___________________________________________________________________ More articles_________________________________________________________ Hard: Upper intermediate level and above, B2 and above  Introduction Read the article and answer the questions below. To listen to this article, click here for an audio download. Read  1  How much pocket money did you get as a child, if any? Was it a regular, weekly allowance, or just occasional one-off payments for chores? Parents around the world have different ideas about the dos and don’ts of pocket money. How much should parents give? Should they track what their children spend money on? And where is the balance between teaching children valuable life lessons…

BELGRADESerbia warned Tuesday that its main oil refinery could halt operations within days as the United States reviews whether to renew an operating license for the Russian-owned NIS company, a move President Aleksandar Vucic said may carry sweeping economic and financial consequences.Vucic said the NIS refinery in Pancevo has already shifted into reduced “hot circulation” mode and will shut down completely in four days unless the US Office of Foreign Assets Control (OFAC) issues a new waiver permitting continued operations despite sanctions on Russia’s energy sector.He cautioned that the risk stretches beyond fuel supply, pointing to the possibility of secondary…

One firm believes this nuclear energy stock can’t power much higher.Starting the week on a bright note, shares of NuScale Power (SMR 6.02%) ended yesterday’s trading session more than 4% higher than where they had ended last week. Today, however, the stock is giving back its gain from Monday — and then some. An analyst’s increasingly bearish outlook on the advanced nuclear power stock is charging up investors and motivating them to click the sell button. As of 12:18 p.m. ET, shares of NuScale Power are down 6.7% while the S&P 500 is up 0.5%. Image source: Getty Images. Another…

“Landlords can meet higher standards, but they can’t do it while navigating an ever-changing maze of new costs and untested reforms. The Budget needs to steady the ground, not shake it further”- Siân Hemming-Metcalfe – Inventory Base With the Autumn Budget now just hours away, speculation is mounting that the Chancellor will use property taxation as a central tool to address the widely reported fiscal shortfall of between £20bn and £40bn.  As a result, the housing market has entered a period of caution, with asking prices falling 1.8 per cent in November, the steepest drop for this time…

Lush Bakes Ltd’s salted rum and raisin fudge earned a coveted Silver Award, while its plain fudge achieved Bronze in the highly competitive All-Year Round Chocolate and Confectionery category. Now in … Source link

In an ambitious, complex strike operation simultaneously hammering targets hundreds of kilometers apart, dozens of Ukrainian drones and missiles overnight Monday-Tuesday hit and damaged a Russian military airfield, a bomber repair plant, a kamikaze drone factory, a high-tech air defense unit and a pair of oil refineries. The long-range air raids carried out by Bars jet-propelled drones, Neptune cruise missiles and unnamed propeller-driven drones struck facilities in the Russian Azov Sea port city Taganrog, the Black Sea port city Novorossiysk, and the Black Sea port city Tuapse, a Ukrainian General Staff Tuesday morning statement said.JOIN US ON TELEGRAMFollow our coverage…