Stockwinners Market Radar for February 11, 2024 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

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20:01 EST Fly Intel: Top five weekend stock stories - Catch up on the weekend's top five stories with this list compiled by The Fly: 1. U.S. shale oil rivals Diamondback Energy (FANG) and Endeavor Energy Resources are close to finalizing a roughly $25B cash-and-stock deal that would create an oil and gas company valued at more than $50B, Reuters' Anirban Sen reports, citing sources. Diamondback could announce a transaction as soon as Monday that would give its shareholders more than half of the combined companies, the people said, which would become the largest, pure-play oil producer in the Permian shale field. 2. Tesla (TSLA) has temporarily cut prices of some of its Model Y cars in the U.S. until Feb. 29, less than a month after the carmaker cut Model Y prices in Germany, according to Reuters. Tesla reduced prices for its Model Y rear-wheel drive and Model Y Long Range by $1,000 to $42,990 and $47,990 respectively, representing a discount of 2.3% and 2% from previous prices. Prices of the Model Y Performance variant and other models remained unchanged. New Model Y rear-wheel drive and Long Range model prices will be reduced for deliveries now through Feb. 29, Tesla said, adding that that price would increase by $1,000 or more on March 1. 3. Oreo cookies are simple, sweet, and nearly universally loved - and shares of Mondelez (MDLZ), the maker of said cookies, should be too, Teresa Rivas says in this week's edition of Barron's. Mondelez sells Chips Ahoy! cookies, Clif Bars, and Cadbury chocolate, among other products around the globe. Nearly three-quarters of its business is from outside the U.S., with about 40% from emerging markets. It's that exposure to EM - where consumers are more interested in indulging than slimming down with Ozempic and other trendy weight-loss drugs - that has helped Mondelez become one of the more consistent snack companies, the author notes. 4. Matthew Vaughn's spy comedy "Argylle" won the Super Bowl weekend at the North American box office with just $6.5M, with revenue falling to historic lows as Kansas City Chiefs take on the San Francisco 49ers in Las Vegas. Combined sales for the weekend were around an estimated $40M, making this the worst showing for a Super Bowl weekend in over three decades outside of 2021, the peak of the COVID pandemic crisis, according to ComScore. The movie's domestic tally barely surpassed $28M, according to Apple (AAPL) Original Films and distribution partner Universal (CMCSA). 5. McDonald's (MCD) saw a positive mention in this week's edition of Barron's.