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KHC Jul 2024 45.000 call
- Yahoo Finance Video
Meme trade roars back to life, OpenAI's GPT-4o: Market Domination
While the major stock market indexes (^DJI, ^IXIC, ^GSPC) are mixed ahead of Monday's closing bell, meme stocks are roaring back to life this session. And it all started with a post on X (formerly Twitter) made Sunday night by user "Roaring Kitty," the handle of retail trader Keith Gill that sparked the original meme trade frenzy around GameStop (GME) in early 2021. tastylive Founder and CEO Tom Sosnoff sits down with Yahoo Finance's Market Domination to share his thoughts on the "welcomed" and renewed excitement around meme stocks. Infrastructure Capital Advisors CEO Jay Hatfield joins Julie Hyman for the latest edition of Good Buy or Goodbye, shedding light on which major player in the financial space he is all in on. Also, watch for the latest coverage around Walgreens' (WBA) plans to sell off its UK chain Boots, the latest iteration of OpenAI's ChatGPT artificial intelligence model, and Kraft Heinz's (KHC) intent to sell the Oscar Mayer brand. This post was written by Luke Carberry Mogan.
- Yahoo Finance Video
Kraft Heinz exploring sale of Oscar Mayer brand: WSJ
Kraft Heinz (KHC) is reportedly looking to sell its Oscar Mayer brand in a deal valued between $3 billion and $5 billion, according to the Wall Street Journal. Market Domination Anchors Julie Hyman and Josh Lipton break down what this potential sale could mean for Kraft Heinz's stock valuation. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Melanie Riehl
- Barrons.com
Kraft Heinz Stock Rises After Report It’s Exploring Sale of Oscar Mayer
Kraft Heinz is exploring a sale of Oscar Mayer, according to a report from The Wall Street Journal. The report says the company has reached out to Bank of America and Centerview Partners to determine interest in the hot dog business—which could snap up around $3 billion to $5 billion, according to people familiar with the matter. Kraft Heinz declined to comment when contacted by Barron’s.
