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Tesla, Inc. engages in the design, development, manufacture, and sale of electric vehicles and energy generation and storage systems. It operates through the Automotive and Energy Generation and Storage segments. The Automotive segment includes the design, development, manufacture, sale, and lease of electric vehicles as well as sales of automotive regulatory credits. The Energy Generation and Storage segment is involved in the design, manufacture, installation, sale, and lease of solar energy generation, energy storage products, and related services and sales of solar energy systems incentives. The company was founded by Jeffrey B. Straubel, Elon Reeve Musk, Martin Eberhard, and Marc Tarpenning on July 1, 2003 and is headquartered in Austin, TX.

Tesla Inc

TSLA is under significant downward pressure as investors rotate out of growth stocks amid geopolitical instability and skepticism regarding the execution of its latest AI and infrastructure initiatives. The community remains deeply divided, with some buyers viewing the current price action as a long-term accumulation opportunity, while others express frustration over the stock's recent technical breakdown and the company's dependency on speculative future projects.

Fundrise Innovation Fund LLC. - Common Shares of Limited Liability Company Interests

Fundrise Innovation Fund 

VCX is experiencing significant volatility and price appreciation following its recent NYSE listing, with investors actively debating whether the high premium over its reported net asset value is justified by its exclusive exposure to high-profile private AI companies like Anthropic and OpenAI. Community discussion is dominated by the impact of a mandatory six-month lockup period on the majority of shares, which has created a tight float and sparked intense speculation about potential for further momentum or a sharp correction.

QXO, Inc. is a publicly traded distributor of roofing, waterproofing and complementary building products in the United States. It plans to become tech-enabled in the building products distribution industry and generate outsized value for shareholders. The company was founded on October 3, 2002, and is headquartered in Greenwich, CT.

QXO Inc.

QXO is experiencing significant volatility and downward pressure as investors weigh recent acquisition activity against broader macroeconomic headwinds, including geopolitical tensions and fluctuating construction market sentiment. Despite the bearish pressure, the community remains actively divided, with many long-term shareholders continuing to express confidence in CEO Brad Jacobs' consolidation strategy while others closely monitor for the next M&A catalyst or integration updates.

Trump Media & Technology Group Corp. engages in operating social media and in the technology business. Its brands include TRUTH Social, TMTG+, and TMTG News. It operates through the Media and Truth.Fi segments. The Media segment includes products and services such as advertisement through the Truth Social platform. The Truth.Fi segment relates to customized exchange-traded funds or exchange-traded products invested in America First principles, and bitcoin and similar cryptocurrencies or crypto-related securities. The company was founded on March 28, 2024 and is headquartered in Sarasota, FL.

Trump Media & Technology Group Corp.

Trump Media & Technology Group is trending due to intense community debate surrounding the administration's aggressive stance on Iran and controversial threats involving the use of federal agents at airports. Investors and social media participants are heavily polarized, with vocal discourse focused on the company's financial volatility, the geopolitical implications of the unfolding conflict, and the broader influence of figures like Elon Musk in the current administration's policy decisions.

Avalanche is a high throughput smart contract blockchain platform. Validators secure the network through a proof-of-stake consensus protocol. It is said to be fast, low cost, and environmental friendly.

Avalanche

Avalanche is currently drawing significant community attention as investors debate the impact of new institutional partnerships, exchange-traded fund developments, and the potential for long-term tokenization utility. While many in the community express deep frustration over recent price volatility, others are actively using the current market climate to accumulate positions, citing the project's role in institutional blockchain infrastructure as a primary driver for a future rebound.

Crane Harbor Acquisition Corp. operates as a blank check company. It was formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was founded on January 2, 2025 and is headquartered in Philadelphia, PA.

Crane Harbor Acquisition Corp. - Ordinary Shares - Class A

Crane Harbor Acquisition Corp.

Crane Harbor Acquisition Corp. is trending as shareholders recently approved its merger with Xanadu Quantum Technologies, a milestone expected to establish the first publicly traded photonic quantum computing company under the ticker XNDU. Community discussion is heavily focused on the deal's potential for a low-float short-term squeeze, strategic partnerships with major tech industry leaders, and potential government funding support.

Bittensor is an open-source protocol that powers a decentralized, blockchain-based machine learning network. Machine learning models train collaboratively and are rewarded in TAO according to the informational value they offer the collective. TAO also grants external access, allowing users to extract information from the network while tuning its activities to their needs.  Ultimately, BitTensors vision is to create a pure market for artificial intelligence, an incentivized arena in which consumers and producers of this valuable commodity can interact in a trustless, open and transparent context.  Bittensor enables:  -A novel, optimized strategy for the development and distribution of artificial intelligence technology by leveraging the possibilities of a distributed ledger. Specifically, its facilitation of open access/ownership, decentralized governance, and the ability to harness globally-distributed resources of computing power and innovation within an incentivized framework.  -An open-source repository of machine intelligence, accessible to anyone, anywhere, thus creating the conditions for open and permission-less innovation on a global internet scale.  -Distribution of rewards and network ownership to users in direct proportion to the value they have added.

Bittensor

Bittensor is trending as market sentiment surges following high-profile industry discussions regarding the platform's role in the decentralized AI revolution. Investors are closely monitoring the upcoming supply halving and the rapid expansion of network subnets, which many in the community view as foundational infrastructure for the long-term AI-crypto convergence.

ASML Holding NV engages in the development, production, marketing, sales, upgrading and servicing of advanced semiconductor equipment systems. It includes lithography, metrology and inspection systems. The company was founded on April 1, 1984 and is headquartered in Veldhoven, the Netherlands.

ASML Holding NV - New York Shares

ASML Holding NV

ASML is trending as investors weigh its role as a foundational "picks-and-shovels" provider for the AI infrastructure boom against concerns regarding its high valuation and sensitivity to geopolitical trade tensions. The community is actively debating the durability of its EUV lithography monopoly, with many discussing its long-term potential as a critical bottleneck for advanced chip production despite short-term market volatility and macro-economic risks.

Shell Plc engages in the business of producing oil and natural gas. It operates through the following segments: Integrated Gas, Upstream, Marketing, Chemicals and Products, Renewables and Energy Solutions, and Corporate. The Integrated Gas segment includes liquefied natural gas, and conversion of natural gas into gas-to-liquids fuels. The Upstream segment focuses on exploration and extraction of crude oil, natural gas, and natural gas liquids. The Marketing segment is involved in mobility, lubricants, and sectors and decarbonization businesses. The Chemicals and Products segment consists of chemicals manufacturing plants with marketing network and refineries, which turn crude oil and other feedstocks into a range of oil products. The Renewables and Energy Solutions segment provides renewable power generation, marketing, trading, and optimizing power and pipeline gas, as well as carbon credits and digitally enabled customer solutions. The Corporate segment covers non-operating activities supporting Shell such as holdings, treasury organization, self-insurance activities, and headquarters and central functions. The company was founded in February 1907 and is headquartered in London, the United Kingdom.

Shell Plc - ADR (Representing - Ordinary Shares)

Shell is gaining traction as investors weigh geopolitical risks in the Middle East against the company's robust capital return program, including consistent multi-billion dollar share buybacks. The community is actively debating the stock's role as a hedge against energy supply volatility, while also tracking its strategic expansion in the LNG market and ongoing efforts to divest non-core chemical assets.

United States Commodity Funds LLC - United States Brent Crude Oil Fund

The BNO ticker is trending as market participants debate the intensity of Middle Eastern geopolitical tensions, with discussions centered on supply risks, production shutdowns, and the potential for severe market impacts if key shipping routes remain contested. Community members are actively analyzing the divergence between physical and paper oil prices while debating whether escalating conflict or recessionary pressures will dictate the future trajectory of crude prices.

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WK Kellogg Co. (KLG) has become the first major food maker to sign a legally binding agreement to eliminate artificial food dyes from its cereals, Texas Attorney General Ken Paxton announced on Wednesday.<a href="http://stocktwits.com/symbol/KLG">WK Kellogg’s stock</a> edged 0.15% higher in afternoon trade with retail sentiment on Stocktwits in ‘bearish’ territory over the past day.&nbsp;The Attorney General’s office said the deal was reached after months of investigation and requires Kellogg’s to remove the dyes by the end of 2027 under an Assurance of Voluntary Compliance. It noted that while rival brands have made verbal pledges, Kellogg’s is the first to sign a legally binding agreement.&nbsp;“Following months of investigating and negotiating, I’m proud to officially say Kellogg’s will stop putting these unhealthy ingredients in its cereals,” said Attorney General Paxton. “I encourage other food manufacturers to sign similar agreements to demonstrate their commitment to helping Americans live healthier lives.”The announcement follows a Civil Investigative Demand (CID) issued to Kellogg’s in February and a formal probe launched in April. Texas Attorney General Ken Paxton’s office said the inquiry began after Kellogg’s failed to follow through on a pledge to remove petroleum-based food colorings in the U.S., despite eliminating them in Canada and Europe. The company continued using various blue, red, and yellow dyes in American cereals.In June, General Mills (GIS) also publicly&nbsp;<a target="_blank" rel="noopener noreferrer nofollow" href="https://www.texasattorneygeneral.gov/news/releases/general-mills-agrees-remove-toxic-artificial-dyes-its-products-following-investigation-and-legal">vowed</a> to remove artificial dyes from cereals and foods supplied to U.S. schools by summer 2026, and from all U.S. retail products by the end of 2027, following a CID and investigation. While Paxton called it “a win for the health of our children and all Americans,” the agreement was not legally binding.The Attorney General’s office is also&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/mars-faces-probe-in-texas-for-keeping-artificial-dyes-in-m-and-ms-and-skittles/ch8hkkXR5op">investigating</a> Mars, the maker of M&amp;M’s and Skittles, for abandoning a 2016 global pledge to remove artificial colors. The attorney general argues that Mars’s inaction—particularly its differing standards in Europe—amounts to deceptive trade practices. State officials cited recent studies linking artificial dyes to behavioral and neurological effects in children, cancer risks, and other serious health issues.Read also:&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/goldman-sachs-economist-sticks-to-tariff-warning-after-trump-criticism/chrC0koRd9Z">Goldman Sachs Economist Sticks To Tariff Warning After Trump’s Criticism</a>For updates and corrections, email newsroom[at]stocktwits[dot]com.

Boxes of Kellogg's Special K cereal are displayed on shelves at an H-E-B grocery store on May 06, 2025 in Austin, Texas. (Photo by Brandon Bell/Getty Images)

Kellogg’s Agrees to Eliminate Artificial Dyes From Cereals By 2027 In Legally Binding Agreement

In a statement, Texas Attorney General Ken Paxton called on other food manufacturers to follow Kellogg’s lead and sign similar agreements.

Equity

WK Kellogg (KLG) Q2 Earnings and Revenues Miss Estimates

WK Kellogg (KLG) delivered earnings and revenue surprises of -10.71% and -3.31%, respectively, for the quarter ended June 2025. Do the numbers hold clues to what lies ahead for the stock?

Warby Parker Inc. (WRBY) Earnings Expected to Grow: Should You Buy?

Warby Parker (WRBY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: WK Kellogg (KLG) Q2 Earnings Expected to Decline

WK Kellogg (KLG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

U.S. Health and Human Services Secretary Robert F. Kennedy Jr. has signaled an accommodative stance towards saturated fats, saying that the risks&nbsp;of such dietary fats, found in certain meats and dairy products, could be overblown."There's a tremendous amount of emerging science that talks about the need for more protein in our diets, more fats in our diets," Kennedy said Monday at a U.S. Department of Agriculture event, according to a Bloomberg News&nbsp;<a target="_blank" rel="noopener noreferrer nofollow" href="https://www.bloomberg.com/news/articles/2025-07-14/rfk-jr-vows-to-halt-attack-on-fats-in-whole-milk-and-cheese">report</a>.Kennedy added that the next version of the federal government's dietary guidelines, which would shape nutrition advice and school meals, would be released in the "next several months" and would stop the "attack on whole milk and cheese and yogurt over the past couple of decades."Kennedy's stance marks a reversal, as the health department has long recommended a low consumption of saturated fat, which is said to increase the risk of heart disease.The current dietary guidelines recommend that Americans over the age of two limit their consumption of foods high in saturated fat to less than 10% of daily calories.A shift in the federal stance could reshape perceptions of certain foods and push packaged food companies to reformulate their offerings, particularly those served in schools through meal programs.Tyson Foods (TSN), Conagra Brands (CAG), Kraft Heinz (KHC), General Mills (GIS), and WK Kellogg (KLG), among others, offer foods served in schools.Currently, only skim and 1% milk are recommended in school meals as part of an effort to limit saturated fat consumption. Both Kennedy and Agriculture Secretary Brooke Rollins have previously publicly endorsed allowing whole milk to be served in schools again.The development comes as the food regulator seeks to remove artificial colorants from packaged foods. Several companies, including PepsiCo (PEP), Kellogg, and Kraft Heinz, have&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/bye-bye-synthetic-dyes-general-mills-kraft-heinz-pledge-to-eliminate-artificial-colorants-from-us-packaged-foods-by-2027/chlrx38RRcu">announced plans</a> to phase out artificial dyes in foods by 2026-2027.For updates and corrections, email newsroom[at]stocktwits[dot]com.Read Next:&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/stitch-fix-surges-after-william-blair-upgrade-retail-still-on-the-fence/ch8fosYR5n0">Stitch Fix Surges After William Blair Upgrade: Retail Still On The Fence</a>

U.S. Secretary of Health and Human Services Robert F. Kennedy Jr. testifies before the Senate Committee on Health, Education, Labor, and Pensions on Capitol Hill on May 20, 2025 in Washington, DC. (Photo by Tasos Katopodis/Getty Images)

Food Giants Watch Closely As RFK Jr. Signals Shift On Saturated Fats, Calls To End ‘Attack’ On Whole Milk, Cheese

The health department’s stance marks a shift from its long-standing advice to limit saturated fats in diets, and could reshape the product offerings of major food companies.

Kraft Heinz (KHC) is reportedly planning to spin off a large chunk of its grocery business, including many Kraft products, into a new entity that could be valued at as much as $20 billion on its own.The other company would be housing goods such as sauces and spreads like Heinz’s namesake ketchup and Dijon mustard brand Grey Poupon, the Wall Street Journal&nbsp;<a target="_blank" rel="noopener noreferrer nofollow" href="https://www.wsj.com/business/deals/kraft-heinz-split-3e75294e?mod&amp;#61;Searchresults_pos1&amp;page&amp;#61;1">reported</a> on Friday, citing people familiar with the matter.<a href="https://stocktwits.com/symbol/KHC">Kraft Heinz shares</a> rose 1.3% in midday trading. The retail sentiment around the stock improved to ‘neutral,’ compared to the ‘bearish’ a day ago, according to Stocktwits data.The report added that the hope is for the two separate units to cumulatively be&nbsp;worth more than Kraft Heinz’s&nbsp;current market value of around&nbsp;$31 billion.A split could be finalized in the coming weeks, according to The Wall Street Journal. However, Kraft Heinz has discussed other scenarios with its advisers, and its board hasn’t signed off on a final decision.The company is also still working through exactly which brands would be part of the spun-out entity,&nbsp;the report said.The spin-off comes at a time when demand for Kraft Heinz items has slowed in tandem with the broader packaged food industry, which is currently&nbsp;facing&nbsp;cost-sensitive customers paring back due to the price hikes undertaken over the years.Deal-making in the sector has also increased recently, with Italian confectionery maker<a href="https://stocktwits.com/news-articles/markets/equity/wk-kellogg-stock-jumps-after-ferrero-strikes-3-1-b-deal-to-acquire-the-cereal-maker/ch8GEtDR5kP">&nbsp;Ferrero Group set to buy WK Kellogg</a> (KLG) in $3.1 billion deal, and chocolate company Mar looking to acquire Kellanova (K) in a deal worth about $36 billion.&nbsp;&nbsp;Kraft Heinz was formed in 2015 through the merger of Kraft Foods Group and H.J. Heinz Holding Corp, engineered by 3G Capital and Berkshire Hathaway. Kraft, known for household staples such as Velveeta and Philadelphia Cream Cheese, had split from Mondelez International in 2012 to focus on U.S. grocery products.Heinz, famed for its ketchup, had been acquired by the same investors two years earlier. The merger created the third-largest food and beverage company in North America, combining over 200 iconic brands under a single roof.For updates and corrections, email newsroom[at]stocktwits[dot]com.Also See:<a href="https://stocktwits.com/news-articles/markets/equity/levi-stock-surges-after-analysts-raise-price-target-on-stock-retail-sentiment-extremely-bullish/ch8cXLQR5ZF">&nbsp;</a><a href="https://stocktwits.com/news-articles/markets/equity/walgreens-shareholders-approve-10-billion-take-private-offer-by-sycamore-partners/ch8cmjbR5Nd">Walgreens Shareholders Approve $10 Billion Take-Private Offer By Sycamore Partners</a>&nbsp;

raft Heinz products including, Tomato Ketchup, HP Sauce, Beanz, Hoops and Tomato Soup are displayed during the Brand Licensing Europe at ExCel on October 04, 2023 in London, England.

Kraft Heinz Plans $20B Grocery Business Spin-Off: Report

The spin-off will result in the two separate units being worth more than Kraft Heinz’s roughly $31 billion market value currently.

Ferrero Set to Acquire WK Kellogg: Here's What the $3.1B Deal Means

Ferrero is set to acquire KLG for $3.1B in cash, marking its North America expansion and entry into the cereal market.

WK Kellogg (KLG) said on Thursday that the Italian company Ferrero Group will buy the breakfast cereal maker in a $3.1 billion deal, expanding the confectionery firm’s U.S. footprint.The maker of Ferrero Rocher has agreed to acquire WK Kellogg for $23 per share in cash, with a 31.4% premium to the Froot Loops maker’s last close of $17.50.<a href="https://stocktwits.com/symbol/KLG">WK Kellogg shares</a> jumped 30% in premarket trading. Retail sentiment&nbsp;jumped to ‘extremely bullish’ from ‘bullish’ a day ago, according to Stocktwits data.The deal brings together WK Kellogg’s cereals, such as Frosted Flakes, Froot Loops, Special K, and Rice Krispies, and Ferrero’s brands, such as Nutella, Kinder, Tic Tac, and Ferrero Rocher under one roof.This acquisition includes the manufacturing, marketing and distribution of WK Kellogg Co's breakfast cereals across the&nbsp;U.S., Canada and the Caribbean and is part of Ferrero's plan for strategic growth.Ferrero, in recent years, has acquired a number of legacy brands, including Keebler, Butterfinger, and Baby Ruth.The Wall Street Journal first broke the news on Wednesday regarding the potential deal between Ferrero Group and WK Kellogg.WK Kellogg was spun off from Kellanova (K) in 2023 and has been struggling to drive growth at a time when consumer demand in the packaged food sector has declined due to the price hikes undertaken by companies, which have pushed cost-sensitive customers to seek cheaper alternatives, such as private label brands.Kellanova is being bought out by chocolate maker Mars in a nearly $36 billion deal, which has now come under the European Union’s antitrust investigation. The U.S. Federal Trade Commission (FTC) announced in June, however, that it would be terminating its review early, signaling that the merger does not violate antitrust laws.For updates and corrections, email newsroom[at]stocktwits[dot]com.Also See:<a href="https://stocktwits.com/news-articles/markets/equity/wk-kellogg-stock-pops-after-hours-as-candy-maker-ferrero-reportedly-nears-3-b-deal-to-buy-cereal-company/chF6pSCR51b">&nbsp;WK Kellogg Stock Pops After-Hours As Candy Maker Ferrero Reportedly Nears $3B Deal To Buy Cereal Company</a>&nbsp;

Boxes of various Kellogg's cereals are displayed on shelves at a Walmart Supercenter on May 06, 2025 in Austin, Texas.

WK Kellogg Stock Jumps After Ferrero Strikes $3.1B Deal To Acquire The Cereal Maker

The maker of Ferrero Rocher is buying WK Kellogg for $23 per share in cash with the deal uniting everything from cereals such as Froot Loops to chocolates such as Kinder under one roof.

U.S. stocks appear set for a weak opening on Thursday as President Donald Trump amped up the tariff war by sending letters detailing new levy rates to several countries&nbsp;after the July 9 deadline passed on Wednesday.President Trump sent out tariff letters to&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/trump-imposes-20-tariffs-on-philippines/chFy2WiR5KR">the Philippines</a>, <a href="https://stocktwits.com/news-articles/markets/equity/trump-targets-brunei-with-25-tariff-citing-trade-deficit-manufacturing-incentives/chFyP0XR5KB">Brunei</a>,&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/trump-slaps-25-tariffs-on-moldova/chFy2M7R5K2">Moldova</a>,&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/trump-tariffs-30-algeria/chFyPEAR5KJ">Algeria</a>,&nbsp;<a href="https://stocktwits.com/news-articles/markets/5/trump-slaps-30-tariff-on-iraq-says-its-less-than-what-is-needed/chFy2f8R5Kb">Iraq</a>,&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/trump-hits-libya-with-30-tariff-urges-country-to-bring-more-manufacturing-to-the-us/chFy2uKR5KP">Libya</a>, and <a href="https://stocktwits.com/news-articles/markets/equity/trump-hits-sri-lanka-with-30-tariffs/chFy33CR5Ki">Sri Lanka</a> on Tuesday. He added Brazil to the list later, citing the prosecution of former Brazilian President Jair Bolsonaro.This comes after President Trump&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/trump-25-tariffs-on-japan-south-korea/chFtA0sR5Qd">slapped 25% tariffs</a> on all goods imported from Japan and South Korea, and 12 other countries, starting August 1.While Dow Jones futures edged lower by 0.18% at the time of writing, the S&amp;P 500 futures were down 0.1%, and the tech-heavy Nasdaq 100’s futures fell 0.04%. Futures of the Russell 2000 index edged lower by 0.03%.Meanwhile, the&nbsp;<a href="https://stocktwits.com/symbol/SPY">SPDR S&amp;P 500 ETF Trust</a> (SPY) was down 0.06% at the time of writing, while&nbsp;<a href="https://stocktwits.com/symbol/QQQ">Invesco QQQ Trust</a> (QQQ) edged lower by 0.01% on Thursday morning. Retail sentiment around the S&amp;P 500 ETF on Stocktwits has been in the ‘bullish’ territory over the past week.Asian markets ended Thursday’s trading session on a largely positive note, with the KOSPI leading with gains of 1.55%, followed by the&nbsp; TWSE Capitalization Weighted Stock index at 0.73%, Hang Seng at 0.57%, and the Shanghai Composite at 0.47%.The Nikkei 225 declined 0.44%.Stocks To Watch<ul><li>WK Kellogg Co. (KLG): Kellogg’s shares skyrocketed nearly 51% in Thursday’s pre-market trading session after the company reportedly received an acquisition offer from Ferrero for $3 billion.</li><li>Delta Air Lines Inc. (DAL): Delta Air Lines’ shares surged nearly 10% in pre-market trading after the company’s second-quarter earnings and revenue beat Wall Street expectations. It also reinstated its 2025 outlook,&nbsp;which it had pulled&nbsp;in April due to Trump’s tariffs.</li><li>Tesla Inc. (TSLA): The Elon Musk-led EV giant said it would hold its annual general meeting in November.</li><li>Taiwan Semiconductor Manufacturing Co. (TSM): TSMC reported a 39% year-on-year jump in its revenue in the January-June period.</li></ul>For updates and corrections, email newsroom[at]stocktwits[dot]com.Also See:&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/eu-pushes-trump-tariff-stand-still-clause/chFUUrlR50J">EU Pushes For Trump Tariff ‘Stand-Still’ Clause Until A Trade Deal Is Reached: Report</a>

People walk by the New York Stock Exchange

Dow Futures Slip As Trump Amps Up Tariff War: Kellogg, Delta, Tesla, TSMC Among Stocks To Watch

While Dow Jones futures edged lower by 0.18% at the time of writing, the S&P 500 futures were down 0.1%.

WK Kellogg shares spike as Ferrero reportedly nears $3 bn purchase of cereal firm

Investing.com - Shares of  WK Kellogg  (NYSE:KLG) surged by more than 57% in premarket trading after the Wall Street Journal reported that family-owned Italian candy group Ferrero is closing in on a roughly $3 billion deal to buy the cereal maker.

WK Kellogg Co. produces and sells cereal based breakfast products. Its products include Frosted Flakes, Special K, Froot Loops, Raisin Bran, Frosted Mini- Wheats, Rice Krispies, Kashi, Corn Flakes, and Apple Jacks. The company was founded in 1906 and is headquartered in Battle Creek, MI.

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