Cocoa Prices Consolidate Above This Week’s Lows
September ICE NY cocoa (CCU26) today is down -48 (-0.92%), and September ICE London cocoa #7 (CAU26) is down -14 (-0.36%).
Markets
Todd Blanche attorney general nomination on edge as Cornyn questions Trump-IRS settlement
The nomination of Todd Blanche for attorney general was at risk on Wednesday as a key Republican senator, for the second time, called off a meeting with Blanche that was meant to address concerns about the controversial…
Looking for a second home? Sellers in these markets could be ready to make a deal.
At a press conference on January 11, 2017, President-elect Donald Trump explained for the first time how he would handle the many conflicts of interest that his business empire posed for his new role. His company, the T…
Coffee Prices Retreat as Brazilian Real Weakness Spurs Long Liquidation
September arabica coffee (KCU26) on Wednesday closed down -13.60 (-4.01%), and September ICE robusta coffee (RMU26) closed down -104 (-2.68%).
Robinhood puts up record revenue as volatility drives a trading bonanza
Tesla stock got crushed, while Lockheed Martin and SK Telecom were among the week’s winners.
Cotton Showing Modest Wednesday Morning Weakness
Cotton price action is down 50 to 62 points so far on Wednesday. Futures closed with losses of 3 to 45 points across the board on Tuesday, slipping from the midday gains. Crude oil was down another $3.48 per barrel, wit…
Individual investors are dumping stocks at the fastest pace since the COVID crash
The second, third and fourth quickest 30% pullbacks all occurred during the Great Depression era in 1934, 1931 and 1929, respectively, according to data from Bank of America Securities.
Notable Wednesday Option Activity: FICO, AVTR, CPS
Avantor Inc (Symbol: AVTR) saw options trading volume of 59,145 contracts, representing approximately 5.9 million underlying shares or approximately 56.5% of AVTR's average daily trading volume over the past month, of 1…
Noteworthy Wednesday Option Activity: UTHR, INSW, LMND
International Seaways Inc (Symbol: INSW) saw options trading volume of 7,074 contracts, representing approximately 707,400 underlying shares or approximately 140.7% of INSW's average daily trading volume over the past m…
Apple shares just hit a record. Here's how trader Mike Khouw is playing the move
Even as broader tech names and momentum plays have faltered, Apple has hit new all-time highs. Investors view the Cupertino titan as uniquely "above the fray," remaining largely insulated from the eye-watering AI capita…
Dollar Little Changed Ahead of FOMC Meeting Results
The dollar index (DXY00) is down by -0.02% today. The dollar recovered from overnight losses and is little changed after crude oil prices surged more than +6% when President Trump said the US will "hit Iran hard" after …
Corn Facing Wednesday Weakness
Corn futures are down 8 to 9 cents so far across most contracts on Wednesday, giving back the bounce from Tuesday. The CmdtyView national average Cash Corn price is down 8 1/2 cents at $4.28 1/4.
Chipotle hikes same-store sales forecast as diners return for burrito bowls
Chipotle Mexican Grill on Wednesday raised its same-store sales growth forecast for the year after topping analysts' quarterly earnings and revenue expectations.
Stocks Settle Mostly Higher on Positive Earnings Results
The S&P 500 Index ($SPX) (SPY) on Tuesday closed up +0.21%, the Dow Jones Industrial Average ($DOWI) (DIA) closed up +1.03%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -0.98%. September E-mini S&P futures (ESU26…
Frontier forecasts third-quarter profit above estimates on higher airfares, easing competition after Spirit’s exit
July 29 (Reuters) - Ultra-low-cost carrier Frontier Airlines on Wednesday forecast third-quarter earnings above Wall Street estimates, betting on stronger pricing power following rival Spirit's exit to help mitigate hig…
Soybeans Extending Collapse to Wednesday, as Forecasts Stays Wet
Soybeans are trading with sharp midday losses of 28 to 31 cents across most contracts as a wetter forecast is pressuring things lower. The cmdtyView national average Cash Bean price is 31 cents lower at $11.47. Soymeal …
Divided Fed holds interest rates steady, but three members voted to hike
WASHINGTON – The Federal Reserve on Wednesday voted to hold its key interest rate steady but not without opposition from three officials who have expressed concern over inflation and wanted to hike.
Microsoft is set to report earnings after the bell, and all eyes are on its spending plans
Microsoft is set to report fiscal fourth-quarter results after Wednesday's closing bell.
Ford’s big-truck bet is paying off — and Wall Street is taking notice
One day, a man with dreams of riches placed a truck on top of a hill. The vehicle was a big white tractor-trailer, a prototype built by an automotive start-up called Nikola. The company’s boastful founder, Trevor Milton…
Do-nothing Fed? Maybe not. Now Wall Street zeros in on rate hike in September.
Hi, I’m Paul Krugman. I’m winding down some travel, and I’ve been meeting all sorts of people face to face, so virtual interactions are down. So just to give you some kind of Saturday video, I thought I would talk a lit…
Daily Dividend Report: D,MRK,CTAS,LIN,KVUE
Merck, known as MSD outside of the United States and Canada, announced today that the Board of Directors has declared a quarterly dividend of $0.85 per share of the company's common stock for the fourth quarter of 2026.…
Stocks Pressured by Renewed US-Iran Hostilities
The S&P 500 Index ($SPX) (SPY) today is down -0.18%, the Dow Jones Industrial Average ($DOWI) (DIA) is down -0.85%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.23%. September E-mini S&P futures (ESU26) are down -0…
Wednesday Sector Leaders: Oil & Gas Exploration & Production, Education & Training Services
Also showing relative strength are education & training services shares, up on the day by about 3.1% as a group, led by New Oriental Education & Technology Group, trading up by about 13% and Covista, trading higher by a…
I’ve seen families destroyed by this common estate-planning mistake. Here’s how to protect yours.
The subject of in-shower hair care can be pretty divided. How often should I use shampoo each week? What about conditioner? What’s the best shampoo for oily hair? Dandruff? Dry scalp? Thinning hair? Do I really have to …