Investors with significant funds have taken a bearish position in Phillips 66 , a development that retail traders should be aware of. This was brought to our attention today through our monitoring of publicly accessible options data at Benzinga. The exact nature of these investors remains a mystery, but such a major move in PSX usually indicates foreknowledge of upcoming...

July 11 (Reuters) - Options on just-launched leveraged products that track the spot price of bitcoin via derivative swaps began trading on Thursday, a first for the cryptocurrency exchange-traded fund (ETF) universe. Investors will now be able to buy options on the T-Rex 2x Long Bitcoin Daily Target ETF and the T-Rex 2x Inverse Bitcoin Daily Target ETF, which were...

July 11 (Reuters) - Boeing ( BA ) is nearing a potential sale of some two dozen 777X jets to Korean Air in a roughly $4 billion to $6 billion deal that could be finalised as early as July's Farnborough Airshow, industry sources said. South Korea's largest carrier has been in talks over a potential return to its traditional supplier...

03:34 PM EDT, 07/11/2024 (MT Newswires) -- Consumer stocks were declining late Thursday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) decreasing 0.5% and the Consumer Discretionary Select Sector SPDR Fund (XLY) dropping 1.5%. In corporate news, McDonald's (MCD) is likely to report a downbeat Q2 performance due to weak consumer demand, Morgan Stanley said in an earnings...