Oil rises amid uncertainty over U.S.-Iran Strait of Hormuz deal
Oil rose Monday, as traders continue to assess mixed signals from the U.S. and Iran amid worries that a deal between both countries to open the Strait of Hormuz may not be anytime soon.
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Corn Posting Gains on Friday
Corn futures are trading with midday gains of 3 to 4 cants so far on Friday. The CmdtyView national average Cash Corn price is up 3 3/4 cents at $4.12 1/4.
Wheat Hold Higher on Friday
The wheat complex is trading with contract rallying on Friday across the three markets. Chicago SRW contracts were up 7 to 9 cents, as September was down 1 3//4 cents this week. KC HRW futures were 13 to 15 cents higher…
Yemen’s Houthis attack Saudi refinery after kingdom signs defence pact
The US and Saudi Arabia have signed a landmark deal that will reportedly allow the Gulf kingdom to develop a civilian nuclear programme.
Berkshire breaks 14-quarter selling streak with $23.5B of stock buys — $10B went to 1 company at a private price
On June 2, Alphabet (NASDAQ:GOOGL) set the price on $18 billion of new stock it was selling to public investors, part of an $84.75 billion effort to raise money for its artificial intelligence buildout. Anyone who got s…
ServiceNow (NOW) Unveils Autonomous Security to Accelerate Growth
ServiceNow (NYSE:NOW) has quietly built one of the fastest-growing cybersecurity businesses in the industry, and on August 4, it made that ambition explicit. The company rolled out six new Autonomous Security solutions …
Atlassian Jumped More Than 30% After Guiding Next Year's Growth Down to 18%. The Market Bought the Margins.
Shares of Atlassian (NASDAQ: TEAM) soared more than 30% Friday morning, as of this writing, after the collaboration-software company reported fiscal fourth-quarter results Thursday afternoon. The odd part is what the re…
The number of stocks beating the S&P 500 is the highest in 4 years. Why that number should rise.
For the first time in four years, the average stock is beating the stock market.
Soybeans Holding Higher on Friday
Soybeans are posting midday gains of 2 to 4 cents on Friday, as traders square up into the weekend. The cmdtyView national average Cash Bean price was up 3 cents at $11.32. Soymeal futures are $1.40 to $1.80 higher to c…
Max Miller stays in Ohio House race as GOP ballot deadline passes
Republican Rep. Max Miller of Ohio will remain in his reelection race, after a key deadline passed for the GOP to replace him as its nominee, despite mounting calls from fellow Republicans for him to drop his reelection…
Billionaire Larry Fink Warns Keeping Your Savings in a Bank Account Is 'One Of The Worst Financial Decisions Of A Lifetime' — But Mark Cuban Told People To Do the Opposite
Larry Fink, who runs the largest asset manager on earth, has a one-line verdict on where most households keep their money. "Instead of having your liability, which is your liability of life, your duration of your existe…
Dividend King Coca-Cola is suddenly acting like a growth stock
Soccer purists spent June and July complaining that World Cup hydration breaks turned fast-moving matches into stop-start slogs padded with extra commercial time.
‘My wife and I are both retired’: Do we dip into our $2.3 million fund to pay off our $300,000 mortgage at 2.9%?
‘My wife and I are both retired’: Do we dip into our $2.3 million fund to pay off our $300,000 mortgage at 2.9%? “Right now, we’re withdrawing about $100,000 a year from our investments.” Read at source
Abel puts a big chunk of Berkshire's cash to work
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Top Wall Street analysts like these 3 stocks for their solid growth potential
Investors are closely monitoring earnings releases of artificial intelligence companies amid concerns about the durability of high spending and demand. While quarterly results provide key insights into a company's perfo…
Ocasio-Cortez hasn't 'ruled out' running for president or Senate in 2028
Rep. Alexandria Ocasio-Cortez said Sunday she has not "ruled out" a run for president in 2028 as the Democratic Party's left flank surges in midterm primaries across the country.
AI-driven tech volatility reaches dot-com era extremes: UBS
1. Pre-market on Friday, August 7th, all three major U.S. stock index futures are rising. As of press time, Dow futures are up 0.15%, S&P 500 futures are up 0.27%, and Nasdaq futures are up 0.59%.
Global Production Concerns Propel Sugar Prices Sharply Higher
Sugar prices extended this week’s sharp rally today, with NY sugar posting a 10-month nearest-futures high and London sugar posting an 11-month high. Concerns over lower global sugar production are propelling prices sha…
How a small Israeli startup was linked to rogue AI hacks at OpenAI, Anthropic and Meta
Over the past two weeks, OpenAI, Anthropic and Meta all revealed that their AI models went rogue during routine security testing. In explaining what happened, the companies each mentioned the same small Israeli startup:…
Sugar Prices Soar on Global Production Worries
October NY world sugar #11 (SBV26) closed up +0.88 (+5.65%) on Friday, and October London ICE white sugar #5 (SWV26) closed up +16.50 (+3.39%).
Saudi Aramco extinguishes fire at refinery as Houthis claim responsibility
Firefighters extinguished a blaze at a refinery belonging to Saudi Arabian oil giant Aramco early Sunday, the country's government said. Iran-backed Houthi rebels in Yemen reportedly claimed responsibility for attacking…
Myspace eyes comeback as an an 'antidote' to social media fatigue — but it may be a long shot
Millennials may feel a pang of nostalgia at the news of Myspace's planned revival, but analysts caution that the once-dominant social media platform faces long odds in an overcrowded market dominated by algorithm-driven…
More workers join BHP strike at Port Hedland iron ore hub
Hundreds of workers at BHP’s Port Hedland iron ore export hub have voted to strike, in what would be the first protected industrial action at the mining giant’s port operations in Western Australia’s (WA) Pilbara region…
Verizon mobile service restored after outage for thousands of customers in the U.S.
Service was down for several hours Saturday afternoon for thousands of Verizon customers in the U.S.