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The “God of Crude Oil Trading” backed Cocoa across borders, threatening that the price might soar to more than 20,000 US dollars!
Star trader Andurrand continues to be optimistic about cocoa, and also shared his views on crude oil and copper.
Rocky Mountain Chocolate Factory Appoints Jeffrey R. Geygan As Interim CEO Following Starlette B. Johnson's Resignation
Rocky Mountain Chocolate Factory Appoints Jeffrey R. Geygan As Interim CEO Following Starlette B. Johnson's Resignation
Cocoa prices plummeted by more than 19%, the biggest one-day decline in more than 60 years
Cocoa prices fell more than 19% on Monday, recovering most of the strong gains that surged to record highs earlier this year.
Looking Into Hershey's Recent Short Interest
Hershey's (NYSE:HSY) short percent of float has fallen 5.85% since its last report. The company recently reported that it has 3.98 million shares sold short, which is 3.06% of all regular shares that are available for trading.
After the sharp rise in cocoa prices, South American countries such as Brazil sharply increased the area under cocoa cultivation
① Due to bad weather, tree aging, and crop diseases, production in West Africa, where cocoa is mainly produced, has dropped sharply. Cocoa prices have more than doubled this year. New York cocoa futures hit a record high of $11,722 per ton last month; ② Brazil, Colombia, and Ecuador all plan to drastically increase the area under cocoa cultivation.
Rocky Mountain Chocolate Factory CFO A. Allen Arroyo To Resign May 17, 2024.
Rocky Mountain Chocolate Factory CFO A. Allen Arroyo To Resign May 17, 2024.
Apple's $110B Buyback Is Larger Than the Market Caps of 418 S&P 500 Stocks
The Avian Flu Crisis Escalates! US CDC requires states to provide protective equipment for farm workers
① The H5N1 avian influenza virus is spreading among dairy herds in several US states; ② On Monday (May 6), the US Centers for Disease Control and Prevention (CDC) asked state health officials to help distribute protective equipment to farm workers; ③ CDC officials stressed that the risks faced by the American public are still very low, but states should still act.
Hershey Analyst Raises Forecast, 'Stock Tempting As A Chocolate Bar, But Risks Remain,' After Q1 Results
Hershey Co (NYSE:HSY) on Friday reported better-than-expected earnings for its first quarter.
Hershey Analyst Ratings
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 05/06/2024 3.54% Wells Fargo $200 → $205 Maintains Equal-Weight 04/17/2024 1.01% Wells Fargo $205 → $200 M
S&P 500 Rises Over 1%; Hershey Earnings Top Views
U.S. stocks traded higher toward the end of trading, with the S&P 500 gaining more than 1% on Friday.The Dow traded up 1.27% to 38,712.21 while the NASDAQ rose 2.14% to 16,179.29. The S&P 500 also ros
Stocks Rally As Jobs Report Rekindles Rate Cut Hopes, Apple Rockets, Bitcoin Soars Above $61,000: What's Driving Markets Friday?
A weaker-than-expected jobs report sparked a widespread market rally in the last session of the week, as traders increased expectations on potential interest rate cuts later this year.In April, nonfar
Marjorie Taylor Greene Reveals New Stock Trades After 2-Year Gap: Berkshire Hathway, Goldman Sachs And Microsoft Make The List — But Trump's DJT Doesn't
Firebrand Republican Congresswoman Marjorie Taylor Greene (R-GA) made headlines Thursday with a disclosure of her latest financial transactions.What Happened: Greene's filing on Thursday marks her fir
Why Is Chocolate Maker Hershey's Stock Ticking Higher Today?
Hershey Company (NYSE:HSY) shares are trading higher after the reported better-than-expected first-quarter FY24 earnings.The company reported first-quarter FY24 sales growth of 8.9% year-on-year to $3
Wall Street Looks To Feed Off Apple's Post-Earnings Power But Key Jobs Data May Upset The Cart: Analyst Says 'A Lot Of These Clouds Will Lift' If This Happens
Stocks look set to carry forward the upward momentum on Friday amid some earnings cheer, although a tinge of nervousness is evident ahead of the all-important non-farm payrolls report. A strong labor
Hershey Beats Top-line and Bottom-line Estimates; Reaffirms FY24 Outlook
Hershey Q1 Organic, Constant Currency Net Sales +8.6% Y/Y
Hershey Q1 Organic, Constant Currency Net Sales +8.6% Y/Y
Hershey Q1 2024 Adj EPS $3.07 Beats $2.76 Estimate, Sales $3.252B Beat $3.112B Estimate
Hershey (NYSE:HSY) reported quarterly earnings of $3.07 per share which beat the analyst consensus estimate of $2.76 by 11.23 percent. This is a 10.04 percent increase over earnings of $2.79 per share
Commodity Roundup: Gold Down, Cocoa Set for 30% Weekly Drop Amid Low Liquidity
Investor Sentiment Increases Ahead Of Jobs Report, Dow Jumps Over 300 Points
The CNN Money Fear and Greed index showed further improvement in the overall market sentiment, but the index remained in the "Fear" zone on Thursday.