Walmart Customers Eligible for Compensation from $45 Million Settlement
Walmart customers may be eligible for compensation from a $45 million settlement resulting from a class action lawsuit alleging overcharging for weighted groceries and bagged fruit. Customers have until June 5, 2024, to submit a claim for payment. Receipt holders could receive 2% of the total cost, while non-receipt holders may claim between $10 and $25.
Hershey Unveils New Easter Treats Including Reese’s Peanut Butter Mini Eggs and KitKat Lemon Flavor
Hershey is set to launch new Easter treats including Reese’s Peanut Butter Mini Eggs, KitKat lemon flavor, and Cadbury Caramello Miniatures. The company emphasizes its commitment to creating moments of joy and togetherness during the special time of the year. The Easter season holds significant importance for manufacturers, with Reese’s and Cadbury emerging as top brands. Last year, candy sales in the US alone exceeded $3 billion, as reported by Statista.
Ohio Holds $4 Billion in Unclaimed Funds
Ohio is holding $4 billion in unclaimed funds owed to taxpayers, urging residents to check if they have unclaimed money. The unclaimed funds can be from various sources such as uncashed checks, insurance payouts, cell phone company deposits, old apartment or utility deposits, old stock or bank dividends, and lost inheritances. To check if you have unclaimed money, visit MissingMoney.com and look up your name.
Coinbase Shares Surge as Bitcoin Rally Continues
Coinbase Global, Inc. (COIN) shares are trading higher on Monday as several crypto-related stocks move up, propelled by the rise in the price of Bitcoin. In the past month, Coinbase shares have surged by 48% as Bitcoin’s recent rally continues. This surge comes in the wake of the approval of several spot Bitcoin ETFs in January, as institutions make substantial purchases and the acceptance of the cryptocurrency grows.
AMC Entertainment Holdings Inc. Faces Challenges Amidst Plummeting Shares and Debt Obligations
AMC Entertainment Holdings Inc. faces plummeting shares, mounting debt, and declining box office revenues. Analysts emphasize the need for a resurgence in box office performance to address impending debt obligations. The company’s upcoming earnings report and strategies for navigating financial challenges will be closely watched by investors and industry observers.
Cryptocurrency Miner Marathon Digital (MARA) Gains Momentum Ahead of Q4 Earnings Disclosure
The cryptocurrency market is invigorating blockchain miner Marathon Digital as it heads toward its fourth-quarter earnings disclosure. With the total market capitalization of the global crypto ecosystem standing at $2.06 trillion, MARA stock is gaining about 20% this afternoon. Marathon’s Q4 earnings report is due to be disclosed on Feb. 28 after the closing bell, with a history of negative earnings surprises.
Snowflake CEO Frank Slootman Retires, Stock Plummets
Snowflake CEO Frank Slootman announces retirement, stock plummets 24%. Former Google ad chief Sridhar Ramaswamy to succeed Slootman. Fourth-quarter financial results show 32% year-over-year increase in sales, but operating losses rise. Market reacts to retirement and financial results, signaling new phase of growth and opportunity for Snowflake.
Salesforce shares slip after modest revenue forecast for new fiscal year
Salesforce experiences slip in shares after issuing modest revenue forecast for fiscal year 2025, despite surpassing estimates for fiscal fourth quarter results. Company announces acquisition of Spiff and begins selling products on Amazon Web Services marketplace. Analysts’ expectations for fiscal year 2025 fall short, causing 6% decline in extended trading. Stay tuned for updates.
Kanye West Announces Desire to Change Instagram Handle to ‘Ye’
Kanye West, the renowned rapper and music artist, has announced his intention to change his Instagram handle to ‘Ye.’ Despite mixed reactions from fans, West’s musical career continues to thrive, with his latest album dominating the charts. What do you think of Kanye West’s desire to change his Instagram name to ‘Ye’?
Jack Harlow Announces Lineup for Gazebo Festival at Louisville’s Waterfront Park
Jack Harlow announces the exciting lineup for his upcoming Gazebo Festival, featuring 26 acts across two stages, including headliners SZA and James Blake. A portion of each ticket sale will be donated to local organizations through the Jack Harlow Foundation. Presales start on March 6, with general ticket sales opening on March 8. Don’t miss this vibrant celebration of talent, community, and giving back.