Coffee Prices Soar as Supplies Tighten
December arabica coffee (KCZ26) closed up +19.00 (+5.89%) today, and September ICE robusta coffee (RMU26) closed up +192 (+5.34%).
Markets
Mark Walter's TWG Global hires Goldman veteran Markowitz as top lawyer amid probe of insurers
TWG Global has tapped veteran Goldman Sachs lawyer David Markowitz to be its chief legal officer, as federal investigators probe how two insurers that are part of TWG CEO Mark Walter's sprawling business empire classifi…
Gold hits over three-month high on dollar weakness, Treasury bond buyback plans
Gold prices rose to its highest in over three months, supported by a weaker U.S. dollar and the U.S. treasury's recent buyback announcement
Visa and Mastercard stocks hit fresh records, underscoring a resilient U.S. consumer
L3Harris Technologies (LHX) stands out on the upside. The stock rallies about 13% after announcing a plan to spin off its Missile Solutions business via an IPO in the second half of 2026, seeded with $1 billion from the…
Stock Indices Finish Mostly Lower on Chipmaker Weakness
The S&P 500 Index ($SPX) (SPY) closed down by -0.28% on Monday, the Dow Jones Industrial Average ($DOWI) (DIA) closed up by +0.26%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down by -0.97%. E-mini S&P futures (ESU26…
Earnings call transcript: Scentre Group lifts H1 2026 guidance on strong growth
The company announced a leadership transition where Dan Taylor will succeed Peter Jackson as CEO on Oct. 1, 2026. Management reported a strategic shift toward prioritizing market share and customer acquisition in the U.…
Hogs Close Monday Mostly on the Lower Side
Lean hog futures were weaker at the Monday close, with contracts steady to 37 cents lower, as October was up 25 cents. USDA’s national base hog price was reported at $89.40 on Monday afternoon, down $4.87 from the previ…
Paramount CEO David Ellison is at the final hurdle before buying WBD. So far, he can't clear it
David Ellison — the founder of a film production company and son of billionaire Larry Ellison — has been at the helm of Paramount Skydance for just over a year. He's been fighting to acquire Warner Bros. Discovery for n…
SpaceX plans to put Nvidia-powered AI satellites in orbit next year
SpaceX and NVIDIA have formalized a partnership to design the compute payload for SpaceX’s Starmind AI1 satellite, a spacecraft built to run artificial intelligence workloads directly from low Earth orbit.
Corn Holding onto Double Digit Gains at Midday
Corn futures took off higher at the Sunday night open with midday gains holding of 11 to 12 ½ cents. The CmdtyView national average Cash Corn price is up 12 1/2 cents at $4.67 ½.
Is Nvidia (NVDA) Stock a Buy Ahead of Q2 Earnings?
Nvidia NVDA will step back into the earnings spotlight after the market closes on Wednesday, August 26, when the AI chip leader reports its much-anticipated Q2 results.
Trump says U.S. will hike Canada auto tariffs to 50% as trade war escalates
President Donald Trump on Monday said the U.S. will raise tariffs on imports of cars, trucks and auto parts from Canada to 50% on Jan. 1, 2027, following a breakdown in trade negotiations last week.
Earnings call transcript: Ampol posts record H1 2026 profit as shares rise
August 9, 2026, 3:51 AM EDT. Vertiv Holdings Co. NYSE:VRT holds an average ‘Buy’ recommendation from 29 brokerages, with a 1-year consensus price target at $348.54. Current analyst targets stretch from $347 up to $500. …
Slow Pace of Brazil Harvest and Tight Inventories Boost Coffee Prices
Coffee prices are sharply higher today, with arabica soaring to a 6.75-month high. The slow pace of Brazil’s coffee harvest is keeping supplies tight and underpinning prices. Last Wednesday, Brazil’s Cooxupe co-op repor…
Oil prices pull back as Bessent launches ‘Operation Economic Outcast’ against Iran but holds off on new secondary sanctions
Treasury Secretary Scott Bessent announced plans for a wave of new sanctions Monday aimed at further isolating Iran, after threatening the Islamic Republic with “an economic D-Day.”
A massive trade just happened in gold. The options market is buzzing
Gold is up 15% this month, rallying alongside higher interest rates and quietly on pace for its best month since 2008. The biggest trade in the entire options market today says that run is coming to an end. Twenty minut…
Rout in Chipmakers Weighs on Broader Market
The S&P 500 Index ($SPX) (SPY) is down by -0.27% today, the Dow Jones Industrial Average ($DOWI) (DIA) is up by +0.26%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down by -1.00%. E-mini S&P futures (ESU26) are down -0.26…
Dollar Moves Higher as US Ramps Up Pressure on Iran
The dollar index (DXY00) rose by +0.22% on Monday. The dollar gained on Monday on safe-haven demand after US Treasury Secretary Bessent unveiled US plans to isolate Iran’s economy. The weakness in stocks on Monday also …
Bitcoin has beaten stocks and gold over six months. Now it’s closing in on $80,000.
The KOSPI has erased around $2 trillion in 40 days, its worst crash on record. Here is what happened, why it matters and what it means for crypto.
Sugar Prices Slip as ISMA Says India has No Sugar Shortage
October NY world sugar #11 (SBV26) is down -0.05 (-0.28%) today, and October London ICE white sugar #5 (SWV26) is down -16.10 (-2.92%).
America’s New Luddites Are Coming for the AI Data Center Boom
A conventional data center uses between 5,000 and 15,000 tons of copper. A hyperscale data center, on the other hand—the kind being built to run artificial intelligence (AI)—can require up to 50,000 tons of copper per f…
Nvidia says Groq racks will be online this year following $20 billion purchase
Nvidia announced Monday that its Groq 3 LPX rack is in full production, marking the commercialization of technology from the company's largest acquisition on record.