Taco Bell says it has removed lettuce linked to cyclosporiasis outbreak from its restaurants
Taco Bell has removed lettuce linked to a cyclosporiasis outbreak from restaurants, it said Friday.
Markets
Anthropic in early talks with Meta to acquire compute power
Anthropic is in very preliminary talks to lease computing power from Meta, a person familiar with the matter told CNBC's Kate Rooney.
19 (mostly) tech stocks that have fallen at least 25% in July
Specifically, Chair Warsh said that “financial markets perform best when they react to incoming data. I think the financial markets work less efficiently when they ask a question. How will the Federal Reserve react to t…
Epstein victims blast Trump attorney general nominee Todd Blanche after meeting
Victims of the late sex offender Jeffrey Epstein blasted Todd Blanche after meeting with the acting attorney general at the Department of Justice, a sit-down Sen. Thom Tillis urged Blanche to have as he seeks Senate con…
China set to leave benchmark lending rates unchanged for 14th month in July
Specifically, Chair Warsh said that “financial markets perform best when they react to incoming data. I think the financial markets work less efficiently when they ask a question. How will the Federal Reserve react to t…
Trump Media pitched $100,000 monthly fee for fast feed of US president’s posts, FT reports
By Amy Tennery NEW YORK, July 17 (Reuters) – FIFA failed to make good on its promise of the “most inclusive” World Cup, the Sport & Rights Alliance said on Thursday, citing strict U.S. visa policies that shut out many f…
Cotton Slipping Lower on Friday
Cotton futures are heading 87 to 99 points lower so far on Friday, amid some outside market pressure. December cotton futures expire today. The outside markets are pressure factors, with the US dollar index up 374 point…
Stocks Tumble as the Rout in Chipmakers Deepens
The S&P 500 Index ($SPX) (SPY) today is down -1.06%, the Dow Jones Industrial Average ($DOWI) (DIA) is down -0.12%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -2.23%. September E-mini S&P futures (ESU26) are down -0…
Wheat Bulls Starting Friday Morning with Gains
Wheat is trading 3 to 8 cent gains across the three markets on Friday. The wheat complex slipped back on Thursday, with contracts marginally lower. Chicago SRW contracts saw nearby losses of 1 to 3 cents on the day. Ope…
Hogs Gains Pushing to Friday
Lean hog futures are trading with 50 cent to $1.02 gains across most contracts at midday. USDA’s national base hog price was reported at $96.68 Friday morning, down $3.49 from the day prior. The CME Lean Hog Index was 5…
Dollar Finds Support from Weak Stocks and Surging Crude Prices
The dollar index (DXY00) is up by +0.03% today. The dollar found support from today's +3% jump in WTI crude oil prices, which raises inflation expectations and could prompt the Fed to pursue tighter monetary policy, a s…
Soybeans Holding onto Midday Gains, Following Slew of Export Business
Soybeans are rebounding from the Thursday weakness with contracts up 6 to 8 cents in most contracts at midday. The cmdtyView national average Cash Bean price is up 7 ½ cents at $11.62 1/2. Soymeal futures are $2.10 to $…
Retail and Wall Street are underwater on SpaceX — but not going down without a fight
Good times for SpaceX are proving short-lived as Elon Musk's intergalactic IPO is now giving fodder to bears who said the U.S. stock market wasn't ready for a $2 trillion market-cap injection.
Amazon or Meta: Wedbush Chooses the Superior AI Hyperscaler Stock to Buy
AI is no longer just an emerging technology. In just a few years, it has become one of the biggest forces shaping how people search for information, shop online, create content, and get work done. Since ChatGPT brought …
Cotton Extending Losses to Friday AM Trade
Cotton price action is down 95 to 105 points so far on Friday morning. Futures fell into the Thursday close, posting session losses of 223 to 287 points at the final bell. Crude oil was up a modest 14 cents per barrel, …
Apple and Nvidia Vie for Wall Street’s Crown
Late one evening in 2010, in his Taipei home, Morris Chang topped off the wine in his guest’s glass. Across from him sat Jeff Williams, Apple’s chief operating officer, who had flown in with a proposal that was as audac…
Chip stocks enter bear-market territory. A BofA analyst says not to panic.
U.S. stock futures are signaling a strong end to the holiday-shortened week. Wall Street is looking to rebound from last night's sudden selloff after the Federal Reserve signaled it still sees interest rate hikes later …
Amazon's Zoox issues software recall after robotaxi drove into heavy smoke
Amazon-owned Zoox recalled software in 105 of its robotaxis over concerns its vehicles failed to detect heavy smoke and drove into it.
Stocks Settle Lower as Chipmakers and AI Stocks Slump
The S&P 500 Index ($SPX) (SPY) on Thursday closed down -0.51%, the Dow Jones Industrial Average ($DOWI) (DIA) closed down -0.20%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -1.62%. September E-mini S&P futures (…
Bond yields are sending a new signal about Fed rate hikes
Kevin Warsh’s first Federal Reserve meeting delivered a clear message to markets: inflation is back at the center of policy. The Fed held rates steady at 3.5% to 3.75%, but Warsh’s debut press conference, a shorter poli…
Soybeans Posting Modest Friday AM Strength
Soybeans are showing 2 to 3 cent action so far on Friday. Futures were weaker on Thursday, with contracts down 6 to 7 ¼ cents on the day. Preliminary open interest was up 14,419 contracts. The cmdtyView national average…
Corn Turning Higher at Midday
The corn market is rallying off early session lows on Wednesday, with contracts up 2 to 4 cents so far at midday. The national average Cash Corn price from cmdtyView is up 4 1/4 cents at $4.09 per bu.
Oil tankers face 'worst case scenario' in Hormuz as Iran steps up attacks on ships, maritime risk CEO says
The security situation in the Strait of Hormuz has returned to a "worse-case scenario" for oil tankers as Iran has repeatedly attacked ships over the past week, the CEO of a maritime risk services firm said.
Apple dethrones Nvidia as world's most valuable company, ending the chipmaker's long run at the top
Apple surpassed Nvidia in market value on Friday to reclaim its spot as the world's most valuable company.