Bull of the Day: Urban Outfitters (URBN)
Urban Outfitters URBN has been a stock to watch after impressively exceeding its third quarter earnings expectations in late November.
Markets
Wheat Extend Strength to Tuesday
The wheat complex posted gains across the three exchanges at the Tuesday close. Chicago SRW contracts were up 4 1/4 to 9 3/4 cents on the day. KC HRW futures were 7 1/2 to 11 3/4 cents higher at the close. MPLS spring w…
Wheat Back to Rallying on Tuesday
The wheat complex is trading with gains across the three exchanges at midday. Chicago SRW contracts are up 10 to 12 cents higher so far on the day. KC HRW futures are 10 to 12 cents at midday. MPLS spring wheat is tradi…
Soybeans On the Lower Side at Tuesday’s Midday
Soybeans are showing 1 to 3 ¼ cent losses at midday. The cmdtyView national average Cash Bean price is down 3 cents $11.47 3/4. Soymeal futures are down a dime, with Soy Oil futures 49 points lower. July futures expire …
PayPal jumps 16% in premarket on report of Stripe, Advent $53 billion takeover offer
PayPal jumped in premarket trading Wednesday after Stripe and Advent International reportedly made a joint offer to acquire the payments firm in a $53 billion deal.
Soybeans On the Lower Side at Tuesday’s Midday
Soybeans are showing 1 to 3 ¼ cent losses at midday. The cmdtyView national average Cash Bean price is down 3 cents $11.47 3/4. Soymeal futures are down a dime, with Soy Oil futures 49 points lower. July futures expire …
Stock market today: Dow, S&P 500, Nasdaq extend gains as earnings lift stocks
US stocks rose modestly as chipmaking equipment producer ASML (ASML) sent a bullish signal on AI demand and a softer-than-expected wholesale inflation reading followed Tuesday's cool consumer price report.
Bear of the Day: Shake Shack (SHAK)
Shake Shack (SHAK), a Zacks Rank #5 (Strong Sell), is a New York-based fast casual burger chain founded in 2001, known for its burgers, chicken, hot dogs, crinkle-cut fries, shakes, frozen custard, beer, and wine.
Soybeans Slip Lower on Tuesday
Soybeans closed Tuesday with contracts 1 to 4 cents lower, as July expired with a 5 ¼ cent gains at $12.07 ¼. The cmdtyView national average Cash Bean price was down 3 3/4 cents $11.46. Soymeal futures saw late strength…
Corn Facing Midday Losses, Still Off Early Lows
Corn futures are trading with contracts down 2 to 2 ½ cents so far at midday. July futures expire today. The CmdtyView national average Cash Corn price is 2 cents lower at $4.08.
Soybeans On the Lower Side at Tuesday’s Midday
Soybeans are showing 1 to 3 ¼ cent losses at midday. The cmdtyView national average Cash Bean price is down 3 cents $11.47 3/4. Soymeal futures are down a dime, with Soy Oil futures 49 points lower. July futures expire …
Why Europe is suddenly betting big on drones
Europe has spent years rebuilding its military in response to Russia's invasion of Ukraine. Now, investment is increasingly converging around one technology that is seen as central to the continent's future security: dr…
Wheat Extend Strength to Tuesday
The wheat complex posted gains across the three exchanges at the Tuesday close. Chicago SRW contracts were up 4 1/4 to 9 3/4 cents on the day. KC HRW futures were 7 1/2 to 11 3/4 cents higher at the close. MPLS spring w…
Why is China National Building Material stock plunging today?
Shares of semiconductor machinery manufacturer Applied Materials (NASDAQ:AMAT) fell 3.4% in the afternoon session following a rally the previous week as geopolitical tensions between the US and China increased over arti…
SK Hynix shares surge 13% on AI hopes as US tech stocks resume their climb
South Korea's benchmark Kospi index climbed nearly 7% to an all-time high on Wednesday, propelled by a roughly 13% surge in Samsung Electronics shares. The rally was fueled by optimism around strong artificial intellige…
Corn Closes Tuesday with Modest Losses
Corn futures closed out the Tuesday session with contracts ¾ ti 2 ¾ cents lower, as July expired 4 cents lower at $4.33 3/4. The CmdtyView national average Cash Corn price was 2 1/4 cents lower at $4.08 3/4.
Cotton Slips Lower into Tuesday Close
Cotton futures ended Tuesday on a weaker noted despite a midday bounce, with contracts down 23 to 74 points on the session. Crude oil was up $1.69 on the day with the US dollar index was up $0.325.
Soybeans Slip Lower on Tuesday
Soybeans closed Tuesday with contracts 1 to 4 cents lower, as July expired with a 5 ¼ cent gains at $12.07 ¼. The cmdtyView national average Cash Bean price was down 3 3/4 cents $11.46. Soymeal futures saw late strength…
Soybeans Slip Lower on Tuesday
Soybeans closed Tuesday with contracts 1 to 4 cents lower, as July expired with a 5 ¼ cent gains at $12.07 ¼. The cmdtyView national average Cash Bean price was down 3 3/4 cents $11.46. Soymeal futures saw late strength…
Wheat Back to Rallying on Tuesday
The wheat complex is trading with gains across the three exchanges at midday. Chicago SRW contracts are up 10 to 12 cents higher so far on the day. KC HRW futures are 10 to 12 cents at midday. MPLS spring wheat is tradi…
This overlooked index is a better investment than the S&P 500
The Invesco S&P 500 Equal Weight ETF (RSP) gives roughly the same weighting to all S&P 500 companies.
China posts slowest quarterly growth since 2022 as investment slumps, fanning stimulus calls
China's economy in the second quarter expanded at its weakest pace since the fourth quarter of 2022, reinforcing calls for policy stimulus as an accelerating slide in investments deepened the strain on growth, while con…
Stocks Settle Higher on Tame Inflation News
The S&P 500 Index ($SPX) (SPY) on Tuesday closed up +0.38%, the Dow Jones Industrial Average ($DOWI) (DIA) closed up +0.02%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +1.10%. September E-mini S&P futures (ESU26) …
SK Hynix South Korean shares jump 11% as Asia tech stocks rally
SK Hynix led a broad rally in Asian technology shares on Wednesday, tracking a rebound in U.S. semiconductor names after a sharp sell-off earlier this week.