Cotton Easing Lower on Thursday
Cotton futures are trading with 12 to 25 point losses on the Thursday session. Crude oil is down $1.68 cents/barrel at $66.70, with the US dollar index $0.171 lower to $97.370.
Business
Will SK Hynix’s Wall Street debut narrow its 'Korea discount'?
As global chip giant SK Hynix makes its Nasdaq debut Friday, the listing will test whether the stock will be able shed its long-standing "Korea discount."
Cotton Faces Moderate Thursday Weakness
Cotton futures were down 4 to 24 points across the board at the Thursday close. Crude oil corrected back lower on Thursday despite back and forth strikes between the US and Iran overnight, down $1.71 at the close. The U…
Beazer (BZH) Moves 13.1% Higher: Will This Strength Last?
Beazer Homes BZH shares rallied 13.1% in the last trading session to close at $31.01. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares …
Opendoor Technologies (OPEN) Stock Jumps 10.7%: Will It Continue to Soar?
Opendoor Technologies Inc. OPEN shares soared 10.7% in the last trading session to close at $5.3. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the st…
Wheat Posts Strength on Thursday
The wheat complex posted gains across the three exchanges on Thursday. Chicago SRW futures were 4 to 4 ½ cents higher on the day. KC HRW contracts were up 4 ¼ to 7 1/4 cents on the session. MPLS spring wheat rallied 4 ¼…
India ramps up missile sales in Indo-Pacific as China’s assertiveness turns neighbors wary
India will supply its BrahMos and Astra missiles to Indonesia, the country's third such agreement in the Indo-Pacific, underscoring New Delhi's rise as a defense supplier in the region amid growing concerns over China's…
Hogs Close with Mixed Trade on Thursday
Lean hog futures were mixed at the final bell on Thursday, with contracts down $1.50 in August to as much as 30 cents higher in the deferreds. USDA’s national base hog price was reported at $97.05 on Thursday afternoon,…
U.S. to continue 'technical talks' with Iran after Trump said ceasefire was 'over'
The U.S. will engage in "technical talks" with Iran and remains committed to finding a solution to the conflict, despite the two countries trading airstrikes in recent days, MS Now reported Thursday, citing a U.S. offic…
Corn Fades Lower on Thursday
Corn futures closed the Thursday session with contracts 2 to 4 ¼ cents lower, as nearby July was down 7 cents. The CmdtyView national average Cash Corn price was 3 1/4 cents lower at $4.01 3/4.
Dollar Falls as Stocks Rally and Crude Oil Retreats
The dollar index (DXY00) fell by -0.08% on Thursday. The dollar moved lower on Thursday as strength in stocks reduced liquidity demand for the currency. Also, Thursday’s -2% fall in crude oil prices lowered inflation ex…
Soybeans Correct Lower on Thursday Ahead of Friday USDA Reports
Soybeans were down 10 to 15 ¼ cents in the front months, with other contracts fractionallt to 8 cents lower. The cmdtyView national average Cash Bean price was down 14 1/2 cents at $11.31. Soymeal futures were $3.70 to …
Cattle Post Weakness on Thursday
Live cattle futures were falling on Thursday, with contracts down $1.80 to $2.47 at the close. Cash trade kicked off on Thursday at $247-248 across the country, a $7-8 drop from last week. The Thursday Fed Cattle Exchan…
New Fed task force members share Chairman Kevin Warsh's embrace of AI
A series of task forces designed to bring outside thinking to the Federal Reserve will include the "best minds," Chairman Kevin Warsh said Thursday. For a task force that could be especially consequential for the Fed's …
Where Jim Cramer stands on SK Hynix's massive offering
CNBC's Jim Cramer said Thursday that SK Hynix's upcoming Nasdaq debut will give U.S. investors a new way to bet on the artificial intelligence boom, but warned the South Korean memory-chip giant comes with significant r…
People Are Talking About Contango While Oil Markets Are Far From Recovered
While financial desks obsess over paper structures and Brent crude briefly flirted with contango, the broader market is missing the forest for the trees. Brent crude's recent rebound from $71 to $79 a barrel is not mere…
Energy M&A kicks into high gear amid AI's thirst for power
M&A in the energy sector is soaring as developers of AI projects look to bypass the growing practical and regulatory hurdles to launching new power generation projects.
Florida's Palm Beach airport renamed for Trump
The airport in West Palm Beach, Florida, has officially been renamed after President Donald Trump, the first time an airport has been named after a sitting U.S. president.
Kalshi traders see roughly 50% odds of a rate hike in 2026 as Fed is split on policy
Federal Reserve policymakers are split on the path for interest rates — and Kalshi traders also seem to be divided, seeing just over 50% odds of a hike this year.
Inside NATO's extraordinary 48 hours that revealed Trump's grip on global diplomacy
For 48 hours in Ankara, Turkey, it felt as though the world was moving on Donald Trump's timetable.
OpenAI exec Fidji Simo says she's stepping down due to chronic illness, will transition to advisor
Fidji Simo, OpenAI's product and business chief, on Thursday announced she is stepping down from her role at the artificial intelligence company to focus on recovery after a "severe exacerbation of a chronic illness."
Kalshi traders think gas prices will stay higher for longer as U.S.-Iran tensions heat back up
With the U.S. and Iran exchanging strikes once again — and the return of normal traffic flows in the Strait of Hormuz in doubt — traders on prediction market platform Kalshi think gas prices will likely still be elevate…
Anduril CEO says it's bad to IPO in ‘middle of a hype cycle’
Anduril CEO Brian Schimpf said the defense tech company is in no hurry to go public given the current market conditions.
Analyst Report: AES Corp/The
AES Corp., based in Arlington, Virginia, is an independent global power company. In addition, the company owns three regulated utilities in the U.S. It generates approximately 32,000 megawatts of electricity. AES has op…