GIS Jun 2025 62.500 put
- Yahoo Finance Video
Nvidia meeting, Chipotle stock split, housing: What to Watch
Nvidia's (NVDA) shareholder meeting will take place on Wednesday, June 26 at 12 P.M. EST. The chip stock broke a three-day losing streak in Tuesday's session. Chipotle's (CMG) 50-for-1 stock split will go into effect at tomorrow's market open and begin trading at the adjusted price. The stock has gained over 43% year-to-date. A slew of earnings reports are on deck for tomorrow, including: Micron Technology (MU), General Mills (GIS), Levi Strauss (LEVI), and BlackBerry (BB). Economic data in the form of new home sales for May will be released, with estimates at 640,000, slightly below April's 643,000. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Nicholas Jacobino
- Barrons.com
General Mills Earnings Beat Estimates. Why the Stock Is Dropping.
The maker of Wheaties, Cheerios, and other packaged foods edges past earnings estimates but falls short on sales.
- Reuters
General Mills sees annual profit below estimates citing cost pressures, lower demand
The Minneapolis, Minnesota-based company has struggled with lower volumes and retailers cutting down on inventory, while facing ongoing competition from lower-priced private labels that have been eating into its market share. Net sales at General Mills' North America retail segment, the company's biggest revenue contributor, fell 7% in the quarter ended May 26 due to a 6 percentage point drop in volumes. Overall, its volumes fell about 2 percentage points in the quarter.
