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…
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.
Lean hog futures were mixed at the final bell on Thursday, with contracts down $1.50 in August to as much as 30 cents higher in the deferreds. USDA’s national base hog price was reported at $97.05 on Thursday afternoon,…
Fidji Simo, OpenAI's product and business chief, on Thursday announced she is stepping down from her role at the artificial intelligence company to focus on recovery after a "severe exacerbation of a chronic illness."
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…
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…
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.
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…
The major indices are higher at midday. Chip stocks are up and that's lifting the mood on Wall Street, this while investors wait to see what happens with the Iran and U.S. ceasefire. Crude oil is at $72 per barrel, the …
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…
Palo Alto Networks CEO Nikesh Arora warned that token costs need to drop as much as 90% to promote large-scale artificial intelligence adoption.
AES Corp., based in Arlington, Virginia, is an independent global power company. In addition, the company owns three regulated utilities in the U.S. It generates approximately 32,000 megawatts of electricity. AES has op…
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…
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.
Anduril CEO Brian Schimpf said the defense tech company is in no hurry to go public given the current market conditions.
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.
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…
President Donald Trump may not follow through on his demand for the U.S. to completely sever trade with Spain — but he could if he wanted to, using the same law behind his failed "reciprocal" tariffs, U.S. Trade Represe…
There's a rift between the two best-known carbonated beverage brands. PepsiCo (NASDAQ: PEP) is relatively out of favor. The beverage and salty snacks giant is trading 17% below its 52-week high and 28% lower than when s…
NEW YORK, July 9 (Reuters) - Federal Reserve Bank of New York President John Williams said Thursday that despite the renewal of war in the Middle East, he was not looking for a sustained rise in energy prices over the …
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.
Bell Global Equities Fund, managed by Bell Asset Management, released its May investor update. A copy of the letter can be downloaded here. The global equity market continued its rally in May, driven by accelerating AI …
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.
