3PL stocks drop in wake of stunning Texas case against C.H. Robinson
Investors reacted Friday to the giant nuclear verdict out of a Texas court directed at C.H. Robinson and what it might mean for the brokerage industry with a selloff of 3PL stocks.
Markets
Stocks Fall Sharply as Crude Oil Prices Soar and Alphabet Sparks AI Spending Concerns
The S&P 500 Index ($SPX) (SPY) on Thursday fell -1.49%, the Dow Jones Industrial Average ($DOWI) (DIA) fell -1.11%, and the Nasdaq 100 Index ($IUXX) (QQQ) fell -2.26%. September E-mini S&P futures (ESU26) fell -1.50%, a…
The world is facing its largest oil shock ever. Here is why prices are not higher.
While the U.S. economy grew strongly in 2025, it is currently on shaky ground. Spiking inflation, static interest rates, the ongoing Iran war, and other dynamics have contributed to a difficult economic moment ahead of …
Uber and Waymo to end exclusivity arrangement in Atlanta and Austin
For the past three years, Uber and Alphabet-owned Waymo have partnered to bring driverless rides to passengers in two major U.S. markets. That relationship is now undergoing some changes.
Musk's bad week: Tesla suffers worst slump since 2022, SpaceX drops ahead of Starship test flight
Tesla shares plunged 18% during the week to close at $313.03 on Friday, their worst weekly slump since 2022. And SpaceX's stock continued its downward slide, dropping 7.2% over five days to close at $115.07 Friday, its …
Cocoa Prices Recover Ahead of the Weekend
September ICE NY cocoa (CCU26) on Friday closed up +75 (+1.41%), and September ICE London cocoa #7 (CAU26) closed up +49 (+1.23%).
Dow Movers: AXP, HONIV
And the worst performing Dow component thus far on the day is American Express, trading down 4.8%. American Express is lower by about 12.3% looking at the year to date performance.
Cattle Look to Friday After Thursday Bounce
$2.20 higher. Open interest was up 1,868 contracts. Cash trade has picked up mostly to $230 across the country. The Thursday Fed Cattle Exchange online auction showed no sales on the 1,530 head, with bids at $230. Feede…
Moody's says 'unprecedented' AI spending threatens credit quality of Amazon, Meta, Alphabet and others
The race to build artificial intelligence infrastructure at a trillion-dollar annual clip is eroding the free cash flow and increasing balance-sheet risk at so-called hyperscalers, warned Moody's Ratings.
Paramount agrees to delay WBD acquisition to as late as June 2027 amid legal challenge
Paramount Skydance has agreed to delay its proposed acquisition of Warner Bros. Discovery to as late as June 2027 — a multi-month delay that will ultimately raise the deal price — as the tie-up faces a legal challenge.
Why Intel, Micron and other major chip stocks are falling — even as the rest of tech holds up
Micron and Broadcom are both semiconductor stocks, but they each operate in different areas.
Why bond investors are pushing up some of your interest rates
The Federal Reserve sets national interest rate policy. But the U.S. central bank isn't the only major player in this arena: Bond investors also have a big influence on consumers' borrowing costs.
Trump threatens EU with 'substantial TARIFF' for 'ROBBING' U.S. tech giants
President Donald Trump on Friday said his administration will launch a trade probe into the EU that will cancel hefty fines levied against U.S. tech giants and likely result in a "substantial" tariff on the 27-member bl…
Notable Two Hundred Day Moving Average Cross - GNRC
Looking at the chart above, GNRC's low point in its 52 week range is $134.80 per share, with $296.44 as the 52 week high point — that compares with a last trade of $199.90. The GNRC DMA information above was sourced fro…
Amplify Seymour Cannabis (CNBS) Enters Oversold Territory
In the case of Amplify Seymour Cannabis, the RSI reading has hit 29.9 — by comparison, the RSI reading for the S&P 500 is currently 44.8. A bullish investor could look at CNBS's 29.9 reading as a sign that the recent he…
College kids are moving into retirement communities for reasons beyond ‘cheap rent’
The parents say to open a wedding registry. The couple responds that they do not want one. They don’t expect gifts from wedding guests (their “presence is enough”), and they have been cohabiting for years and already ha…
This energy company sidestepped Iran war challenges by pushing into data centers
President Donald Trump has turned a 60-foot-wide strip of federal land that spans three states on the southern border into a “military installation” to “address the emergency” he previously declared over unlawful immigr…
Coffee Prices Rebound Higher After This Week’s Sell-off
September arabica coffee (KCU26) today is up +4.00 (+1.29%), and September ICE robusta coffee (RMU26) is up +57 (+1.54%).
Soybeans Extend to Fresh Highs on Thursday
Soybeans saw some late pressure to pull off the intraday highs, as contracts were up 1 ¼ to 5 vents across most nearby contracts, with some deferreds down fractionally to 4 cents. The cmdtyView national average Cash Bea…
Outdoor giant now closing 91 stores in Chapter 11 bankruptcy
True boat lovers reject the popular saying that the two happiest days of a boater's life are the day they buy the boat and the day they sell it. For them, happiness is putting the boat in the water and sailing off, neve…
JPMorgan warns ’super’ El Niño and oil shock could prop up global inflation
Astrologers at Cafe Astrology note that Jupiter in a fire sign encourages people to become bolder, more optimistic and more willing to pursue meaningful goals. Instead of playing small, this transit rewards those who em…
Oil shipments are under attack on multiple fronts as fighting escalates in Red Sea, Hormuz and Black Sea
Oil tankers are increasingly coming under fire on several fronts as economic warfare is deployed as a weapon in the escalating conflicts in the Middle East and Europe.
Trader who successfully shorted Tesla into earnings now sets sights on this high flyer
The bearish Tesla set-up we flagged ahead of Wednesday's report has delivered most of what it can. Two ways forward: bank the entire gain, or press the same playbook against another priced-for-perfection name reporting …
Earnings call transcript: Ovintiv tops revenue in Q2 2026, shares rise
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