Industry Insights

The NASDAQ 100 After Hours Indicator is up 6.48 to 13,648.23. The total After hours volume is currently 61,371,104 shares traded.The following are the most active stocks for the after hours session: Ambev S.A. (ABEV) is unchanged at $3.33, with 5,739,084 shares traded. ABEV’s cu Source: Industry Insights

Energy stocks were declining pre-bell Wednesday with the Energy Select Sector SPDR (XLE) recently retreating by more than 2%. The United States Oil Fund (USO) was shedding more than 2% and the United States Natural Gas Fund (UNG) was slipping past 1%.West Texas Intermediate crude Source: Industry Insights

Marathon Petroleum Corporation (MPC) will begin trading ex-dividend on May 18, 2021. A cash dividend payment of $0.58 per share is scheduled to be paid on June 10, 2021. Shareholders who purchased MPC prior to the ex-dividend date are eligible for the cash dividend payment. Thi Source: Industry Insights

Japanese shares erased early gains and edged down on Monday, as worries about slow-paced domestic vaccination rollouts weighed on sentiment, with index heavyweights including Tokyo Electron Ltd leading declines. Source: Industry Insights

The completion of 7-Eleven’s purchase of thousands of Speedway gas and convenience stores is potentially illegal and may raise competitive concerns in hundreds of local U.S. markets, two top officials at the U.S. Federal Trade Commission said on Friday. Source: Industry Insights

Seven & I Holdings Co Ltd’s announcement it had pressed forward in its merger agreement with Marathon Petroleum Corp is potentially illegal and may raise significant competitive concerns in hundreds of local gasoline and diesel fuel markets across the United States, two U.S. Federal Trade Commission officials said on Friday. Source: Industry Insights

Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Expedia Group Inc (Symbol: EXPE), where a total of 13,255 contracts have traded so far, representing approximately 1.3 million underlying shares. That amounts to about 4 Source: Industry Insights

U.S. refiner Citgo received the second Jones Act waiver granted by the U.S. government after a cyberattack shut the Colonial Pipeline late last week, according to two sources familiar with the matter. Source: Industry Insights

Supplies of gasoline tightened further in parts of the United States on Tuesday as the shutdown of the nation’s biggest fuel pipeline by hackers entered its fifth day, raising concern about price spikes at the pumps ahead of the summer driving season. Source: Industry Insights