Hogs Rally on Wednesday
Lean hog futures were anywhere from a dime to $2.47 higher across the board on Wednesday. The national average base hog price was reported at $77.43 on Wednesday afternoon, up 63 cents from the previous day. The CME Lea…
Markets
Crypto still 'off the table' for Singapore's Temasek, four years after FTX flop
Nagi Hamiyeh, president of Temasek Global Investments, said crypto investment is "still off the table" for the company as it strives to move past a substantial loss in crypto exchange FTX.
Corn Corrects Lower on Wednesday
Corn futures fell back on Wednesday after rallying nearly 40 cents off the lows last week, with contracts down 3 to 8 ¾ cents at the close. The CmdtyView national average Cash Corn price was 9 cents lower at $4.04.
China consumer price growth weakens in June while producer inflation rises to near 4-year high
China's consumer prices grew slower than expected in June, while wholesale inflation accelerated, as elevated energy costs continued to sap domestic demand.
Cattle Close Mixed, with Feeders Leading the Charge Higher
Live cattle futures rounded out the Wednesday session with contracts 35 to 85 cents lower. Cash has been slow early this week with very little action early. The Wednesday Fed Cattle Exchange online auction showed no sal…
China's Xiaomi unveils SUV series dubbed Sky Nomad
BEIJING, July 9 (Reuters) - China's Xiaomi on Thursday unveiled an SUV series named Sky Nomad, accelerating the technology company's push into automobiles as growth slows in its mainstay smartphone market.
World Cup drives Google Search to record queries per second
Alphabet-owned Google broke a search record thanks to the World Cup international soccer tournament.
Cocoa Prices Sharply Higher on West African Crop Concerns
September ICE NY cocoa (CCU26) on Wednesday closed up +293 (+5.09%), and September ICE London cocoa #7 (CAU26) closed up +228 (+5.35%).
Stocks Retreat on US-Iran Jitters
The S&P 500 Index ($SPX) (SPY) today is down -0.79%, the Dow Jones Industrial Average ($DOWI) (DIA) is down -1.44%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.61%. September E-mini S&P futures (ESU26) are down -0…
Platner quits Maine Senate race; Democrats set to pick new nominee
Democratic Maine Senate nominee Graham Platner said he intends to exit the race on Wednesday after a woman accused him of sexually assaulting her in 2021, causing an insurmountable rupture with his closest allies.
Sweetgreen, Inc. (SG) Advances While Market Declines: Some Information for Investors
In the latest close session, Sweetgreen, Inc. (SG) was up +1.42% at $7.85. The stock outpaced the S&P 500's daily loss of 0.28%. Meanwhile, the Dow experienced a drop of 1.09%, and the technology-dominated Nasdaq saw an…
As Cognizant Links Up with Google on AI Deal, Here’s How to Play CTSH Stock Now
Artificial intelligence (AI) has become the next big proving ground for enterprise technology companies, and Cognizant Technology Solutions Corporation (CTSH) is making sure it stays ahead of the curve.
Stocks Pressured as US-Iran Hostilities Resume
The S&P 500 Index ($SPX) (SPY) today is down -0.49%, the Dow Jones Industrial Average ($DOWI) (DIA) is down -0.96%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.19%. September E-mini S&P futures (ESU26) are down -0…
UBS Keeps Bullish View on PNC, Reiterates Buy Rating
The PNC Financial Services Group, Inc. (NYSE:PNC) is one of the 12 Most Profitable Cheap Stocks to Buy Right Now. On June 25, UBS reiterated its Buy rating on The PNC Financial Services Group, Inc. (NYSE:PNC) with a pri…
Adobe (ADBE) to Acquire Topaz Labs
Adobe Inc. (NASDAQ:ADBE) is one of the 12 Most Profitable Cheap Stocks to Buy Right Now. On June 25, Adobe Inc. (NASDAQ:ADBE) announced that it has signed a definitive agreement to acquire Topaz Labs, an artificial inte…
Meta is expanding its data center build-out to Canada
Meta (META) is expanding its data center footprint north of the border into Canada. The company on Wednesday said it will construct its first Canadian data center in Alberta as part of its broader AI build-out.
SpaceX stock closes below debut price at $148 in two-day slide after Nasdaq-100 inclusion
SpaceX stock closed at $148 on Wednesday, below the company's first trading price of $150 per share for a second day in a row.
Newmont (NEM) Welcomes Canada Funding for Red Chris
Newmont Corporation (NYSE:NEM) is one of the 12 Most Profitable Cheap Stocks to Buy Right Now. On July 2, Newmont Corporation (NYSE:NEM) said that it welcomes the Government of Canada's decision to provide CA$500 millio…
If diplomacy fails, energy markets face another reckoning
(By Oil & Gas 360) – Markets have become remarkably efficient at pricing today's headlines, but what they struggle to price is tomorrow's uncertainty.
Michael Burry bets on sportsbooks DraftKings and Flutter, sees prediction markets curbed by regulation
Michael Burry of "The Big Short" fame said he bought shares of regulated sports-betting operators DraftKings and Flutter Entertainment, anticipating regulators will eventually crack down on prediction markets after comp…
Which Healthcare ETF Is the Better Buy: Invesco's IBBQ or State Street's XPH?
The Invesco Nasdaq Biotechnology ETF (NASDAQ:IBBQ) and State Street SPDR S&P Pharmaceuticals ETF (NYSEMKT:XPH) both target healthcare innovation but differ in their diversification levels and cost structures.
Trump announces long-shot bid to get Supreme Court to rehear birthright citizenship case
President Donald Trump on Wednesday said he would make a long-shot bid to get the Supreme Court to rehear the case in which it ruled against his executive order that sought to sharply restrict birthright citizenship.
Why the Hidden, Made-Up Rules Nobody Made Are Killing Your Company
If no one can name who authorized a rule or why it exists, it's probably not a real policy — it's a habit wearing a costume. Kill it.
Stocks Weighed Down by Geopolitical Risks
The S&P 500 Index ($SPX) (SPY) on Wednesday closed down -0.28%, the Dow Jones Industrial Average ($DOWI) (DIA) closed down -1.09%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +0.27%. September E-mini S&P futures (E…