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.
Markets
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.
If you invested $10,000 in Bitcoin, Trump meme coin, and gold when Trump took office, here's what you'd have today
January 20, 2025. Donald Trump walks back into the White House. Bitcoin is touching $109,000. Gold is steady at $2,697 an ounce. And a meme coin bearing the president's name is a few days old and trading around $35, alr…
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 …
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…
Prediction markets spark insider trading concerns. Here's how Goldman and other companies are responding
Insider trading is an emerging risk in the new world of prediction markets, and some companies – including Goldman Sachs – are taking steps to limit employees' trades on the platforms.
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…
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.
Alleged Reflecting Pool vandal David Hearn pleads not guilty; lawyer calls him 'scapegoat'
Three-time U.S. Olympic canoeist David Hearn pleaded not guilty on Thursday to a felony charge for allegedly ripping up sealant in the National Mall's Reflecting Pool in Washington.
Analyst Report: Suburban Propane Partners LP
Suburban Propane Partners L.P. is a publicly traded master limited partnership. Headquartered in Whippany, New Jersey, it has been engaged in the retail propane business since 1928. The partnership serves approximately …
Kevin Warsh names members of his Federal Reserve task forces, including Marc Andreessen, Doug McMillon
Federal Reserve Chairman Kevin Warsh on Thursday released names of the experts who will comprise five task forces to examine the institution's operations — a list that includes several prominent Wall Street names, busin…
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.
Trump claims to be 'No. 1' on TikTok. What does that mean?
President Donald Trump touted that he's "No. 1" on TikTok multiple times this week.
Action-starved traders look to small-cap stocks for the next big move
Options action suggests that it can continue, with VIX at recent lows and a slowdown in the wild speculative call-buying in tech that was pulling the market quickly in both directions. To an extent, that's just the summ…
A huge trade just happened on the Nasdaq 100. Bulls are taking notice
Tech bulls may not have to wait much longer for fresh highs, if the single-biggest trade in the Invesco QQQ Trust ETF on Thursday is any indication. The trader spent $24 million on a three-part call spread that needs th…
These 10 states are best positioned to land AI data center deals despite rising public opposition
Say what you will about whether artificial intelligence is good for humanity. It is undoubtedly worth billions of dollars — and then some — to the states that can attract AI business.
How all 50 U.S. states performed over 20 years of Top States for Business
It was 2007. George W. Bush was president. The U.S. economy was expanding, but there were growing signs that the explosive growth in the housing market — and maybe the entire boom of the past five or six years — was a g…
Wheat Trading Fractionally Mixed on Thursday Morning
Wheat is showing slightly mixed trade on Thursday, with Chicago holding higher. The wheat complex closed the midweek session with weakness across the three markets. Chicago SRW contracts closed with Wednesday losses of …
Home sales stayed muted in June as affordability challenges persisted
Home sales underwhelmed in June, a fresh sign of how sensitive buyers and sellers are to small changes in mortgage rates and affordability as prices hit fresh all-time highs.
Anthropic appoints former Fed Chair Ben Bernanke to its independent trust
Anthropic on Thursday announced that it has appointed Ben Bernanke, the former chair of the Federal Reserve, to its Long-Term Benefit Trust, the company's independent governance structure that advises the company and ap…
Why Dynatrace (DT) is a Top Growth Stock for the Long-Term
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.
From $124 to $938 in a Year, Is Another Rally Coming For Micron?
After surging 683% in a year, MU pulled back to $938 and sits within 2% of our HOLD price target.