Oil prices ease after spiking following fresh U.S. strikes against Iran
Oil prices turned lower on Thursday having spiked after the U.S. carried out fresh strikes on Iran, renewing concerns about supply disruptions in the Middle East.
City & Markets
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 m…
Ukraine’s drone playbook is wreaking havoc in Russia — and upending where NATO wants to invest
Ukraine's drone attacks have been dominating headlines about its war with Russia — and upended NATO's investment thesis.
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.
Wheat Falls Back on Wednesday
Wheat closed out Wednesday with weakness across the three markets. Chicago SRW futures were down 1 to 3 3/4 cents in the nearbys and up slightly in the deferreds. KC HRW contracts were 2 ¾ to 3 3/4 ce…
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.
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 previo…
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 au…
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 l…
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 cl…
Cotton Fades Back Lower on Wednesday
Cotton futures saw modest weakness on a Wednesday correction, with contracts 6 to 73 points lower. The outside markets were generally stronger, as Crude oil was up $4.32 following the US striking Iran…
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%).
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 …
Soybeans Close Wednesday on a Weaker Note
Soybeans faded off the early gains on Wednesday, as buyers of the Chinese rumor were selling the fact. Contracts were down fractionally to 5 ½ cents at the close. The cmdtyView national average Cash B…
Trump's European allies add distance on Iran following testy NATO summit
The Iran war has reignited and the U.S. may need European allies more than ever, but President Donald Trump left a NATO summit in Turkey on Wednesday without announcing any new commitments from the de…
US diesel futures post biggest daily gains in four years after Russia bans exports
NEW YORK, July 8 (Reuters) - U.S. diesel futures were set for their biggest daily gains in four years on Wednesday after Russia announced a ban on exports of the industrial fuel, supercharging supply…
Ford Joins Its Partner Micron on the Coveted Zacks Rank #1 (Strong Buy) List
Ford Motor F) has quietly become one of the more intriguing turnaround stories in the automotive sector.
Google Puts a New Prediction Markets Ban on Chrome
Google has banned prediction market extensions from the Chrome Web Store under updated Developer Program Policies. Extensions that facilitate or enable real-money trades on predictive outcomes face en…
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…
Better Space Stock to Buy Before 2026 Runs Out: SpaceX vs. Rocket Lab
The space economy has been all the rage with the initial public offering of Space Exploration Technologies (NASDAQ: SPCX), aka SpaceX, which was the largest IPO ever. The company entered public market…
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 birthri…
This ETF Promises to Protect Your Portfolio with High-Quality Stocks, But Its Chart Is Waving a Yellow Flag
The Invesco S&P 500 Quality ETF (SPHQ), an ETF devoted to screening for high-quality stocks, is wilting under the pressure of an AI buildup that is now being challenged by gravity.
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,…
Keith Fitz-Gerald Says Diversification is Broken: His 4% Fix
In this episode of Behind the Ticker, Brad Roth, CIO of Thor Financial Technologies, sits down with Keith Fitz-Gerald, principal of Keith Fitz-Gerald Research and creator of One Bar Ahead research ser…