Microsoft’s stock seals its longest winning streak of the year as AI software fears fade
Microsoft’s software offers capabilities that will be critical for AI, one analyst notes.
City & Markets
Corn Pushes Gains into the Weekend as Specs Expand Length
Corn futures held onto the Friday gains into the close, with contracts settling 1 to 4 cents higher. September rallied 28 ¼ cents on the week, with December 28 cents. The CmdtyView national average Ca…
Cotton Sees Profit Taking Pressure to Close the Week
Cotton futures faced pressure to close the week with Friday losses of 19 to 114 points across the board. December still held up for a weekly gain of 303 points. Crude oil was down 9 cents per barrel, …
Soybeans Rally with the Products on Friday
Soybeans posted 14 to 30 cent gains across most contracts on the Friday session. September was up 51 ¼ cents on the week, as November rallied 48 ½ cents. The cmdtyView national average Cash Bean price…
Apple hikes subscription prices for Apple TV and Apple One in the U.S.
Apple on Friday increased the monthly price of Apple TV, its streaming service, to $14.99, or $119 per year. It was previously $12.99 per month, or $99 per year.
Corn and wheat prices jump to highest prices in more than three years
Corn and wheat prices have surged to their highest levels in more than three years. But the forces driving recent rallies for these two crops are notably different.
Bessent attacks Warren over yen intervention query, offers ‘Foreign Exchange for Dummies’ lesson
Treasury Secretary Scott Bessent unleashed a scathing personal attack on Sen. Elizabeth Warren Friday, accusing the Massachusetts Democrat of misunderstanding foreign exchange markets while leaving se…
Dunkin' comes back to major market after 12-year absence
After a 40-year absence, Wendy’s will finally break back into the European market within the next 12 to 18 months, executives said during its Investor Day in October. The push overseas will begin with…
Stock traders warm up to Warsh as volatility index touches year-to-date low
If Federal Reserve chair Kevin Warsh wanted to put the bond market on alert, he certainly got his wish Friday: odds of an interest-rate hike by the central bank in its September meeting jumped to near…
Trump loses bid to transfer New York hush money case to federal court
A federal judge on Friday rejected an effort by President Donald Trump to transfer to federal court the New York state criminal hush money case that ended with his conviction.
Affirm surges on strong outlook; CEO says high gas prices are hitting U.S. shoppers
Affirm Holdings stock popped 7% on Friday after the buy now, pay later firm reported strong fiscal fourth-quarter earnings and CEO Max Levchin said high gas prices are weighing on shoppers.
Mark Walter's insurer Delaware Life sees two banks pause sale of its products amid probes
Two banks have paused selling products of Mark Walter's Delaware Life amid concerns of federal probes into how the insurer's parent company reported about $20 billion in assets that were affiliated wi…
'Grand Theft Auto 6' preview signals blockbuster demand, analysts say
Streaming platforms struggled to handle huge demand for the first official preview of the upcoming "Grand Theft Auto 6" on Thursday, sending shares of Take-Two, the game maker's parent company, higher…
Soybeans Pushing Double Digits Higher on Friday AM Trade
Soybeans are trading with Friday morning gains of 8 to 11 cents. Futures closed Thursday with contracts up 1 to 2 ¼ cents on the day. Open interest was up just 774 contracts on Thursday. The cmdtyView…
SCHO, WZRD: Big ETF Inflows
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the Schwab Short-Term U.S. Treasury ETF, which added 31,200,000 units, o…
Is it a bad idea to withdraw from my retirement account to pay off my last $1,000 in credit-card debt?
A record number of Americans are taking money from their 401(k) plans before retirement, according to a new study from investment firm Vanguard. In 2025, 6% of Vanguard customers with retirement funds…
Treasury moves to sanction UAE branch of Egyptian bank over Iran ties
The Treasury Department on Friday moved to sanction the United Arab Emirates branch of an Egyptian bank over its financial ties to Iran.
Marvell shares tumble 6% as outlook underwhelms despite 37% revenue growth
Marvell Technology shares fell 6% on Friday despite a second-quarter revenue beat, as its raised fiscal 2028 outlook failed to meet investors' elevated expectations.
2-year Treasury yield jumps as Warsh says Fed may 'have work to do'
Treasury yields at the short end of the curve spiked while those on the long end edged lower after Federal Reserve Chairman Kevin Warsh said in a keynote address in Jackson Hole, Wyoming that the cent…
U.S. Navy blockade slashes Iran oil exports as Trump administration shifts to economic warfare
Iranian crude oil exports have plunged in August as the U.S. relies on economic pressure through its naval blockade, rather than military strikes, to coerce Tehran into a deal to fully reopen the Stra…
Nvidia’s AI Demand Is Exploding—but So Are Its Receivables
Most people focus on the visible front end of AI the chatbots, the video tools, the model announcements. But none of it works without massive compute underneath. That is where Nebius Group N.V. NBIS c…
Cotton Slipping Back on Friday Following Thursday Strength
Cotton prices are trading with Friday morning losses of 10 to 33 points. Futures rallied into the Thursday close, as December rallied above 90 cents. Contracts closed with gains of 304 to 329 points a…
Analysis: Kevin Warsh sharpens inflation warning at Jackson Hole, signaling possible rate hike
Federal Reserve Chairman Kevin Warsh used his Jackson Hole speech Friday to answer critics of his muddled July press conference, delivering a clearer warning that stubborn inflation could push the Fed…
Stock Indices Settle Higher as Nvidia Earnings Spur a Tech Stock Rally
The S&P 500 Index ($SPX) (SPY) closed up by +0.72% on Thursday, the Dow Jones Industrial Average ($DOWI) (DIA) closed up by +0.20%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up by +1.43%. E-mini S…