Hormuz Deadlock: Where oil prices could head next as prospects for an imminent deal fade
Oil prices remain below their recent peaks even as prospects for a quick reopening of the Strait of Hormuz fade, a disconnect analysts warn may not last.
Home / Business
Business
Hogs Rally on Monday
Lean hog futures pushed higher on Monday, with gains of $1.45 to $2.85 in the front month at the close. Monday afternoon’s national average base hog negotiated price from the USDA was reported at $88.05, down $1 from th…
Cattle See Mixed Monday Trade, as Live Cattle Strengthen
Live cattle futures were higher on Monday, with contracts up 82 cents to $1.80 across most months. There were no deliveries issued on first notice day for August live cattle futures. Cash trade picked up last week at $2…
Singapore revises its annual growth forecast sharply higher on AI-related boost
Singapore on Tuesday sharply lifted its annual economic growth forecast, citing a stronger-than-expected performance in the first half and boost from AI-related sectors and exports.
Cotton Extending Gains to Monday Morning
Cotton futures are trading with 60 to 66 point losses so far on Monday. Crude oil is up $3.44 per barrel, with the US dollar index $0.232 higher.
Smartbird announces special dividend following sale of footwear business
Smartbird (NASDAQ:BIRD) appointed Nadia Carlsten as president, CEO and board member, succeeding Joe Vernachio, and named independent director Lily Yan Hughes as board chair.
EBay may dodge a GameStop takeover — but there’s a new twist in the Ryan Cohen saga
Bloomberg says GameStop could propose collaborating with eBay in some way other than a merger. Some analysts doubt whether eBay would benefit much from that sort of deal.
Trump claims total control of Hormuz, demands Iran pay reparations as standoff deepens
President Donald Trump said Monday the U.S. Navy had swept the Strait of Hormuz clear of mines and now holds "100%" control of the waterway, with reparations emerging as the latest flashpoint between Washington and Tehr…
Nvidia teams with Wall Street firms to help finance $500 billion for AI infrastructure
August 11, 2026, 3:15 AM EDT. Australian stocks rose after the Reserve Bank of Australia opted to maintain interest rates, a move anticipated by the market. The RBA’s decision signalled steady monetary policy, and inves…
OpenAI wraps $7 billion share sale ahead of potential IPO
OpenAI completed a secondary share sale totaling roughly $7 billion, allowing current and former employees to sell stock at the company's $852 billion valuation, CNBC confirmed on Monday.
See Which Recent 13F Filers Hold Visa But Retiremitten Financial and Evoke Wealth Exited
At Holdings Channel, we have reviewed the latest batch of the 56 most recent 13F filings for the 06/30/2026 reporting period, and noticed that Visa Inc (Symbol: V) was held by 29 of these funds. When hedge fund managers…
The Outlook for Smaller West African Cocoa Production Lifts Prices
Cocoa prices erased early losses on Monday and settled higher on fund buying amid the outlook for poor weather from this year’s El Niño weather system that could reduce cocoa production in West Africa. Gains in London c…
Billionaire sues ex-employee over alleged theft
Russell Wilson is the billionaire founder of CoinSpot, one of Australia's largest cryptocurrency trading exchanges. Founded in 2013, CoinSpot reported a $270 million net profit in the 2025 financial year.
Arabica Coffee Prices Undercut as Brazil Harvest Expected to Accelerate
September arabica coffee (KCU26) closed down -3.25 (-0.97%) on Monday, and September ICE robusta coffee (RMU26) closed up +19 (+0.50%).
Nvidia lines up $500 billion in financing as CEO Jensen Huang tells CNBC his chips are ‘investable asset’
Nvidia is attempting to turn its artificial intelligence chips into Wall Street's newest asset class, partnering with six large asset managers on a $500 billion financing push designed to treat compute infrastructure mu…
Trump Media posts $238 million second-quarter loss as crypto declines
Trump Media & Technology Group on Monday reported a net loss of more than $238 million for its fiscal second quarter on revenue of less than $2 million.
OpenAI expands Daybreak cybersecurity initiative as AI agent threats evolve
OpenAI on Monday said it is expanding Daybreak, its exclusive cybersecurity initiative, to help give its participants access to the "right capabilities" that they need to help defend themselves from attackers.
Stocks Pressured as Higher Crude Price Boosts T-Note Yields
The S&P 500 Index ($SPX) (SPY) today is down -0.04%, the Dow Jones Industrial Average ($DOWI) (DIA) is down -0.14%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.15%. September E-mini S&P futures (ESU26) are down -0…
Hypoport H1 2026 slides: EBIT jumps 20% as margins expand
Profitable growth in H1 2026 with revenue and gross profit up 5% year-over-year and EBIT up 20%, driven by margin improvements and market share gains in mortgage finance. Outlook for 2026 targets €40–55 million EBIT and…
Three reasons Goldman's co-head of global banking and markets says to stay invested
Goldman Sachs' Ashok Varadhan has a simple message for investors worried about higher interest rates, elevated oil prices and the durability of the economy: Stay invested.
Wednesday’s crucial CPI report will show tamer inflation, according to prediction markets
Prediction market traders expect July's consumer price index will be relatively tame, coming in below the Dow Jones consensus forecast.
Trump signs executive order calling for fewer childhood vaccines, falsely linking shots to autism
President Donald Trump on Monday signed an executive order backing fewer routine vaccines for kids, calling to whittle down the number of recommended childhood shots to 11 while falsely tying immunizations to autism.
Wendy's has a massive problem: It's closing restaurants left and right
Wendy's (WEN) nearly two years of struggles competing with the likes of behemoths McDonald's (MCD) and Yum! Brands' (YUM) Taco Bell, plus upstarts such as Shake Shack, are creating one big problem.
Soybeans Pushing Higher to Begin the Week
Soybeans are trading with Monday AM 3 to 7 cent gains. Futures were mostly 1 to 3 cents lower, with August down 11 ¾ cents on the week. The cmdtyView national average Cash Bean price was up a penny at $11.33 ¾. Soymeal …