A new children’s breakfast line named after Snoop Dogg is “bigger than just cereal,” according to rapper-turned-entrepreneur Master P. Snoop Cerealis for sale on Amazon and launches in stores this summer in three varieties: Cinnamon Toasteez, Fruity Hoopz with Marshmallows, and Frosted Drizzlers. It came to life through a partnership between family brand Broadus Foods, which is owned by Snoop and Master P; and Post Consumer Brands (POST), the national breakfast cereal manufacturer. Beyond the uniqueness of a cereal line named after a famous hip hop artist, Broadus Foods is the first Black-owned cereal brand – a long-awaited milestone for “an African-American brand for the American people,” Master P told Yahoo Finance Live (video above). He praised Post for taking tangible steps to promote diversity in the family brands industry. “This has been going on for over 100 years, that we've been consumers and never owners,” Master P said. “So we're changing that game.” Master P and Snoop’s journey in the breakfast food industry hasn't been without some setbacks. Last year, the pair launched “Snoop Loopz” – but had to discontinue the product due to trademark infringement pursued by Kellogg, Master P said, which owns the “Froot Loops” breakfast cereal. Snoop Dogg, left, and Master P own Broadus Foods, which has partnered with Post to develop a new cereal brand. Snoop described the situation as a “minor setback for a major comeback” in an Instagram post last year, while Master P said that it was a learning experience. In his words: “It’s not losses; it’s lessons.” Now, Snoop Cereal will be available at stores like Walmart, Target, and Albertsons. For Master P, having the colorful boxes on the store shelves of retail giants was just as important as making sure the food inside the box actually tasted good. “It's not just getting into the stores, it's having great tasting product. We can put this product in a brown paper bag, and it's going to taste better than everything that's out there,” he said.
Go ahead throw a dart or two! What ideas have out gunned tech stocks without so much as a hand calp-- where are there opportunities? DAR <--- Ready to rip again. Here is another PWR $40------> $180! What are the new ideas that will move like this?
Shhhhhhhhhhhhhhhh. SINCE 2020 RELL has gone from $4-$5 to $19 & still has a PE under 10<------ RELL IS GOING TO THE $40'S
WHAT IS THE MOST DISAPPOINTING STOCK-? WENDY'S 2020 $21----------> 2023 $22 RH 6/1 2020 $248--------> 2023 $264 RL JAN 1 2019 $116-------> 2023 $117 DAL JAN 1 2019 $49---------> 2023 $39
Stoney my world view is broken, on Friday I was following a jackass who bought 1000 TSLA $250 calls on Thursday for $.19 and let them expire worthless. High was $4.15, the Open was over $3. He laughed at losing $300,000! Reddit has destroyed people’s minds. The Jackass made $175k for the day on ADBE and other options.
I think they left out ABT. And you mocked me when told you I sold Abbot at $140 or whatever it was. And speaking of stocks that (you said, not me) ...ABB removed its ADR's from the US exchanges btw. At $38 I think. Another quality VZ original. Ted was here for this one. https://www.elitetrader.com/et/threads/quanta-services.312653/
A- There was a sound of crash on a doorbell camera b- Cop is heard saying one of his men saw an object fall from the sky. c-
Oil Traders Are Daring to Defy Market Kingpin Saudi Arabia 1 / 3 Oil Traders Are Daring to Defy Market Kingpin Saudi Arabia Sun, June 11, 2023, 8:43 AM EDT (Bloomberg) -- Oil traders are starting to ignore the most important person in the market. It could prove a risky gambit. A week ago, Saudi Arabian Energy Minister Prince Abdulaziz bin Salman, pledged to unilaterally cut the country’s July oil production to the lowest in over a decade excluding Covid-19 era curtailments. He described the move as a “lollipop.” While there have been bigger output cuts in recent months, its symbolism was important, and Prince Abdulaziz left open the possibility of extending the curb. It also came on the back of a litany of comments that suggest the prince wants to hurt those who speculate on lower prices. And yet traders are becoming less responsive. The immediate price gain from the curbs he announced on Sunday lasted a day. By Friday at 5 p.m. in London, Brent futures were around $76 a barrel — almost exactly where they were a week earlier. A previous output cut in April took less than a month to wear off on prices. Speaking on Sunday, the prince said the OPEC+ agreement was about being proactive and precautionary. “I think the physical market is telling us something and the futures market is telling us something else,” he said at the Arab, China Business Conference in Riyadh. “To understand OPEC+ today, it’s all about being proactive, preemptive and precautionary.” Despite expectations that oil demand will outstrip supply in the coming months, several things are fueling the bears’ confidence. But two negatives really stand out: the first is that Russian shipments have boomed in the face of expectations that western sanctions would curtail them. The second is concern about the fate of China’s economy, for years been the bedrock of demand growth. “There are many uncertainties, as usual, when it comes to the oil markets, and if I have to pick the most important one it’s China,” Fatih Birol, Executive Director at the International Energy Agency, said in a Bloomberg TV interview this week. “If the Chinese economy weakens, or grows much lower than many international economic institutions believe, of course this can lead to bearish sentiment.” China’s Purchasing Manufacturing Index fell to 48.8 last month, a level that undershot expectations and was also the weakest reading since December, when the country was mired in Covid zero restrictions. Even if its economy does accelerate anew, China will have a lot of crude to use up. The country’s stockpiles rose to a two-year high in May and several traders said they see recent Saudi oil price hikes to Asia, alongside continued OPEC+ production cuts, as part of an effort to drain that inventory. Global Picture That is compounding a less-rosy — but far from outright bearish — picture of global demand. Since January, the IEA — whose supply and demand balances serve as a benchmark for the world’s oil analysts — has shaved its anticipated demand increase from second- to fourth-quarters by 900,000 barrels a day. It still still expect it to expand by a robust 1.8 million barrels a day, though some are dubious of whether it can be achieved. Beyond China, there is a global concern about industrial production, a close proxy for diesel demand. Manufacturing has been in contraction worldwide for each of the last nine months, according to JPMorgan data, while a gauge of US trucking is at the weakest since September 2021. This week, the US cut its outlook for consumption of the road fuel. Those dynamics are, perhaps, part of why the cuts by Saudi Arabia and its OPEC+ allies are having less of an impact. “The producer group is in a multiple bind: demand is looking weaker and non-OPEC supply stronger by year-end than many analysts had forecast,” Citigroup analysts including Francesco Martoccia wrote. “Both OPEC and IEA forecasts have had an air of wishful thinking about accelerating demand growth.” Stubbornly high oil flows are not helping. While they have slipped in the past few months, observed seaborne oil shipments are still up sharply compared with where they were in May 2022, a month when Chinese buying was being undermined by the country’s efforts to contain Covid. Tracking by Bloomberg shows shipments from the bulk of the world’s exporters rtyt up 1.13 million barrels a day year on year. Russia’s cargoes, in particular, are soaring. The nation’s crude exports were within 100,000 barrels a day of a record in the four weeks to June 4, according to data compiled by Bloomberg. That has led to a torpor in the face of supply cuts. Likewise, markets for physical barrels are — for now at least — showing little sign of major tightness, though there’s still a month before Saudi Arabia’s cut takes effect. US crude oil was this week sold in Europe at the weakest in a month. Prior cuts by some members of OPEC+ began in May. Risky Position Despite all that, it’s far from a risk-free bet for the bears. With the kingdom effectively backstopping any decline in prices, some investors remain hopeful of meaningful market tightening in the second half of the year. China’s Unipec bought oil from the US and Norway this week, a possible sign that OPEC+’s moves will boost buying of cargoes in other markets and tighten them up. Indonesia’s PT Pertamina also plowed into the market, snapping up millions of barrels of west African oil. Booming oil refining capacity in China and the Middle East looks set to come up against a “structural dearth of crude in the coming years,” Saad Rahim, chief economist of trading giant Trafigura Group said in the company’s interim report this week. The supply cuts by OPEC+, coupled with emerging market demand growth, should lead to “material draws in inventories later this year” he said, adding that US shale may not be able to balance the market. But even if the market does turn, it may take time to filter through, as traders continue to wrestle with the slew up economic concerns and robust supplies that have hobbled prices for months now. “No one wants to take risk in flat price given the macro uncertainty,” said Richard Jones, an analyst at consultant Energy Aspects. “Ultimately they are waiting to see physical markets tighten as the cuts take effect.”