10:25 AM EDT, 08/16/2024 (MT Newswires) -- Jumia Technologies ( JMIA ) said Friday it has raised about $99.6 million following the completion of its offering of about 20.2 million American depositary shares. Proceeds will be used for general corporate purposes and for customer acquisition, supplier base expansion, scaling of its logistics network as well as improvements to marketing and...

Deep-pocketed investors have adopted a bearish approach towards Taiwan Semiconductor , and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in TSM usually suggests something big is about to happen. We gleaned this information from our observations...

10:22 AM EDT, 08/16/2024 (MT Newswires) -- (Updates with Kroger's ( KR ) statement to MT Newswires in the first and second paragraphs.) Kroger ( KR ) plans to invest $1 billion to lower Albertsons' ( ACI ) prices after their merger is complete, a Kroger ( KR ) spokesperson confirmed in an email to MT Newswires Friday. As we've...

Financial giants have made a conspicuous bearish move on Amazon.com ( AMZN ). Our analysis of options history for Amazon.com ( AMZN ) revealed 21 unusual trades. Delving into the details, we found 33% of traders were bullish, while 57% showed bearish tendencies. Out of all the trades we spotted, 3 were puts, with a value of $201,560, and 18...