Seagate’s earnings are welcome news for the battered AI trade
The storage maker’s June-quarter results come in ahead of Wall Street’s expectations, and the stock rallies after hours
Business
Space stocks are falling hard — but SpaceX doesn’t deserve all of the blame
Tesla stock got crushed, while Lockheed Martin and SK Telecom were among the week’s winners.
Aevex stock rises on $88.1M precision strike system orders
These awards enhance AEVEX’s support for mission needs across high‑priority operational theaters. The company continues to deliver capabilities aligned with evolving mission demands, reinforcing AEVEX’s role as a truste…
Tejon Ranch Enters Oversold Territory (TRC)
In trading on Tuesday, shares of Tejon Ranch Co (Symbol: TRC) entered into oversold territory, hitting an RSI reading of 27.5, after changing hands as low as $17.35 per share. By comparison, the current RSI reading of t…
Stocks Mixed on Earnings Results and Weakness in Chipmakers
The S&P 500 Index ($SPX) (SPY) today is up +0.05%, the Dow Jones Industrial Average ($DOWI) (DIA) is up +0.738%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -1.12%. September E-mini S&P futures (ESU26) are up +0.05%,…
Microsoft is making a $190 billion AI gamble — and investors will soon see if it’s paying off
Artificial intelligence is no longer a speculative bet for Big Tech it is already driving growth across cloud, advertising and enterprise software.
Elon Musk stocks take $1.5 trillion hit with fresh test in SpaceX lockup ahead
It's been a rough month for Elon Musk, if there is such a thing for the world's richest man.
Alphabet and Tesla took a hit from soaring AI spending. Will Microsoft, Meta and Amazon be next?
Amazon.com, Inc. is a multinational technology company, which engages in the provision of online retail shopping services. It operates through the following segments: North America, International, and Amazon Web Service…
Sugar Prices Fall as Crude Oil Plunges
May NY world sugar #11 (SBK26) today is down -0.29 (-1.99%), and May London ICE white sugar #5 (SWK26) is down -6.40 (-1.49%).
Corn Rallying Back on Turnaround Tuesday
Corn futures are deviating from the $4.01 losses in crude at midday with deteriorating conditions giving bulls a reason to take back the Monday losses. Contracts are up 7 to 8 cents on Turnaround Tuesday. The CmdtyView …
RSI Alert: Innovate (VATE) Now Oversold
In trading on Tuesday, shares of Innovate Corp (Symbol: VATE) entered into oversold territory, hitting an RSI reading of 27.9, after changing hands as low as $7.855 per share. By comparison, the current RSI reading of t…
Soybeans Collapse on Monday with Weather and Outside Pressures
Soybeans fell 18 ¾ to 40 ½ cents across the board on Monday, with weaker products and an improving forecast playing a role. The cmdtyView national average Cash Bean price was 39 1/2 cents lower at $11.74 1/4. Soymeal fu…
Trump, DOJ ask Supreme Court to toss $83.3M defamation award to E. Jean Carroll
President Donald Trump and the Department of Justice on Tuesday separately asked the Supreme Court to overturn a civil court verdict that ordered him to pay the writer E. Jean Carroll $83.3 million for defaming her whil…
Sinking Crude Oil Prices Weigh on Sugar
Sugar prices slid to 1-week lows on Tuesday and settled lower amid the plunge in crude oil prices. WTI crude oil (CLU26) sank more than -4% on Tuesday, adding to Monday’s -7% plunge, which undercuts ethanol prices and m…
Senate set to vote on Trump's pick for spy chief, ending Bill Pulte's brief tenure
The Senate on Tuesday evening is scheduled to vote on Jay Clayton, President Donald Trump's pick for director of national intelligence, a role that would grant him access to the nation's most sensitive secrets and autho…
SpaceX, Blue Origin could get quicker launch approval under FAA move to waive environmental rules
The Trump administration on Tuesday said it was moving to waive what it called "unnecessary environmental laws and regulations" to speed up the approval process for commercial space rocket launches and reentries.
An extra-caffeinated version of Mr. Pibb is helping Coca-Cola win over cash-strapped shoppers
Coca-Cola’s stock is bucking consumer weakness as it heads toward a record high.
Oversold Conditions For MBIA
In trading on Tuesday, shares of MBIA Inc. (Symbol: MBI) entered into oversold territory, hitting an RSI reading of 29.5, after changing hands as low as $5.41 per share. By comparison, the current RSI reading of the S&P…
Coffee Prices Surge on Global Supply Fears
September arabica coffee (KCU26) today is up +17.00 (+5.24%), and September ICE robusta coffee (RMU26) is up +105 (+2.76%).
Investors are piling into bond funds at a rapid rate. That’s a problem.
Tesla stock got crushed, while Lockheed Martin and SK Telecom were among the week’s winners.
Turkey aims to sign energy deal with Iraq soon, Erdogan says
Turkish President Recep Tayyip Erdogan has said that Turkish Petroleum has secured a partnership in Iraq's Kirkuk production field, describing a newly signed agreement as "a historic step" in bilateral energy cooperatio…
Shein says it's under investigation by the Federal Trade Commission as it prepares for Hong Kong IPO
Shein's U.S. business is under investigation by the Federal Trade Commission, the fast-fashion giant revealed in documents connected to its upcoming Hong Kong initial public offering.
EBay, former execs to pay $56 million in blogger harassment and stalking case
EBay and several former executives have agreed to pay nearly $56 million in a settlement with a Massachusetts couple who were the target of a bizarre harassment and stalking scheme.
Apple touches $5 trillion market cap for first time
Apple on Tuesday briefly hit a market capitalization of $5 trillion for the first time, a day after passing Nvidia to become the most valuable publicly traded company.