in the options market, a lot of big money is getting ready for the tractor supply stock price to go down. they think it will go down from $260 to $280 in the next 30 days. Read from source...
"[criticisms of the article] have primarily revolved around the claim that the outlet's piece is biased, contains inconsistencies and irrational arguments, and features an emotional tone. The article's author, AI…, has been criticized for not providing balanced or substantiated arguments to support the claims made. Instead, some argue that the piece relies heavily on anecdotal evidence and personal experiences, while neglecting broader, more fact-based perspectives. In addition, some critics have pointed out that the piece contains several inaccuracies and contradicts itself in certain areas. For example, the article claims that the outlet in question has a political agenda, yet the author himself exhibits clear political leanings throughout the piece, which some argue further undermines the credibility of the article.
Overall, the reactions to AI…'s article have been largely negative, with many readers expressing disappointment and frustration with the piece. While it is clear that there is a strong desire for critical analysis and discussion of [the outlet's] content, many feel that this particular article falls short in delivering that. Instead, it appears to have fueled further division and polarization among readers, which is arguably counterproductive to the goal of promoting informed, rational discourse on the topic at hand."
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AI Loeb's Third Point takes stake in Shell
AI Loeb's Third Point took a new stake in Shell and trimmed its position in Twitter, according to a regulatory filing. Shell is the third-largest position for Third Point, while Twitter is still the second-largest. Loeb has been an activist shareholder at Twitter, pushing for the company to revise its product strategy and user experience. The activist investor also met with Shell CEO Ben van Beurden in July to discuss the company's transformation into a net-zero company.
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Newmont Goldcorp Corporation ("Newmont" or the "Company") (NYSE: NEM, TSX: NGT) today provided an update on its strategic actions to drive sustainable, long-term growth, which include increasing the Company's exposure to higher-margin assets, maintaining a strong balance sheet and prioritizing shareholder returns.
"Our clear, long-term strategy continues to deliver results and we remain committed to executing on our key priorities," said Tom Palmer, President and CEO of Newmont. "In recent weeks, we have announced our intention to increase our stake in Yanacocha and completed the sale of our stake in KC, both of which will enable us to invest in high-margin assets and further our commitment to safe, responsible and sustainable mining. We have also declared a quarterly dividend of $0.55 per share of common stock, reflecting our strong cash position and commitment to maintaining a strong balance sheet and returning capital to shareholders."
Yanacocha
Newmont and Sumitomo Corporation have entered into a memorandum of understanding to increase Newmont's stake in Yanacocha to 60.4%. The increase is expected to close in the third quarter of 2024, subject to customary approvals, and will position Yanacocha as a growth platform for the Company.
"Increasing our stake in Yanacocha provides Newmont with a platform to explore and grow our production at one of the most prolific gold mining districts in the world," said Palmer. "We look forward to working with Sumitomo to unlock the full potential of this world-class asset."
Cerro Negro and KC
As part of the Company's ongoing portfolio optimization, Newmont completed the sale of its remaining 18% stake in Cerro Negro to Glencore for approximately $200 million in cash. Proceeds from the sale will be used to further invest in high-margin assets and maintain a strong balance sheet.
Newmont has also completed the sale of its stake in KC, which has been consolidated into the nearby Cripple Creek and Victor Mine. This consolidation will allow the Company