Wheat Rallying on Friday
The wheat complex is rallying across all three markets on Thursday. Chicago SRW futures are 18 to 21 cents higher on Friday. KC HRW futures are trading 18 to 19 cents higher across most contracts. MPLS spring wheat are …
Markets
Berkshire breaks 14-quarter selling streak with $23.5B of stock buys — $10B went to 1 company at a private price
On June 2, Alphabet (NASDAQ:GOOGL) set the price on $18 billion of new stock it was selling to public investors, part of an $84.75 billion effort to raise money for its artificial intelligence buildout. Anyone who got s…
Max Miller stays in Ohio House race as GOP ballot deadline passes
Republican Rep. Max Miller of Ohio will remain in his reelection race, after a key deadline passed for the GOP to replace him as its nominee, despite mounting calls from fellow Republicans for him to drop his reelection…
Dividend King Coca-Cola is suddenly acting like a growth stock
Soccer purists spent June and July complaining that World Cup hydration breaks turned fast-moving matches into stop-start slogs padded with extra commercial time.
ServiceNow (NOW) Unveils Autonomous Security to Accelerate Growth
ServiceNow (NYSE:NOW) has quietly built one of the fastest-growing cybersecurity businesses in the industry, and on August 4, it made that ambition explicit. The company rolled out six new Autonomous Security solutions …
Billionaire Larry Fink Warns Keeping Your Savings in a Bank Account Is 'One Of The Worst Financial Decisions Of A Lifetime' — But Mark Cuban Told People To Do the Opposite
Larry Fink, who runs the largest asset manager on earth, has a one-line verdict on where most households keep their money. "Instead of having your liability, which is your liability of life, your duration of your existe…
Ocasio-Cortez hasn't 'ruled out' running for president or Senate in 2028
Rep. Alexandria Ocasio-Cortez said Sunday she has not "ruled out" a run for president in 2028 as the Democratic Party's left flank surges in midterm primaries across the country.
Sugar Prices Soar on Global Production Worries
October NY world sugar #11 (SBV26) closed up +0.88 (+5.65%) on Friday, and October London ICE white sugar #5 (SWV26) closed up +16.50 (+3.39%).
AI-driven tech volatility reaches dot-com era extremes: UBS
1. Pre-market on Friday, August 7th, all three major U.S. stock index futures are rising. As of press time, Dow futures are up 0.15%, S&P 500 futures are up 0.27%, and Nasdaq futures are up 0.59%.
How a small Israeli startup was linked to rogue AI hacks at OpenAI, Anthropic and Meta
Over the past two weeks, OpenAI, Anthropic and Meta all revealed that their AI models went rogue during routine security testing. In explaining what happened, the companies each mentioned the same small Israeli startup:…
Abel puts a big chunk of Berkshire's cash to work
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InvestingPro Fair Value flags Maze stock overvalued before 40% drop
Oil prices turn lower as Bessent says U.S. may have Iran deal "today or tomorrow"
Myspace eyes comeback as an an 'antidote' to social media fatigue — but it may be a long shot
Millennials may feel a pang of nostalgia at the news of Myspace's planned revival, but analysts caution that the once-dominant social media platform faces long odds in an overcrowded market dominated by algorithm-driven…
More workers join BHP strike at Port Hedland iron ore hub
Hundreds of workers at BHP’s Port Hedland iron ore export hub have voted to strike, in what would be the first protected industrial action at the mining giant’s port operations in Western Australia’s (WA) Pilbara region…
More workers join strike at BHP’s Port Hedland iron ore operations
Hundreds of workers at BHP’s Port Hedland iron ore export hub have voted to strike, in what would be the first protected industrial action at the mining giant’s port operations in Western Australia’s (WA) Pilbara region…
Verizon mobile service restored after outage for thousands of customers in the U.S.
Service was down for several hours Saturday afternoon for thousands of Verizon customers in the U.S.
Wheat Hold Higher on Friday
The wheat complex is trading with contract rallying on Friday across the three markets. Chicago SRW contracts were up 7 to 9 cents, as September was down 1 3//4 cents this week. KC HRW futures were 13 to 15 cents higher…
Paramount offers cinema chains written pledge for 30 annual movie releases
The world's largest movie theater chain published a public endorsement of Hollywood's most contested merger on Wednesday — and in doing so, directly broke with the trade organization that speaks for the exhibition indus…
Cattle Closes Mostly Higher on Friday
Live cattle futures posted Friday gains of 35 to 50 cents in the front months, with August down a nickel this week. Cash trade has picked up this week at $235 live and $370 dressed (North) across the country. Feeder cat…
South Korea stock volatility eases as leveraged trades unwind
THE MOST extreme phase of South Korea’s stock-market turmoil may be over after a historic sell-off flushed out leveraged positions and regulatory curbs sent trading in some of the riskiest products plunging.
‘This has been an emotionally difficult time’: My brother has cancer and my father is 94. How do I shoulder this responsibility?
Mike Coop explains why stock markets have been strong amid multiple crosscurrents and where investors should look for opportunities.
Corn Posting Gains on Friday
Corn futures are trading with midday gains of 3 to 4 cants so far on Friday. The CmdtyView national average Cash Corn price is up 3 3/4 cents at $4.12 1/4.
Arabica Coffee Surges on Dollar Weakness and Tight ICE Inventories
September arabica coffee (KCU26) closed up +13.90 (+4.32%) on Friday, and September ICE robusta coffee (RMU26) closed down -11 (-0.29%).
Hunter Biden says Joe Biden’s cancer has spread further and is ‘very painful’
Former President Joe Biden's prostate cancer has spread further, his son Hunter Biden said in a BBC interview, offering a stark update on the 83-year-old's health.