T. Rowe Price Launches Multi-Crypto ETF Including Bitcoin, Ethereum, and XRP
T. Rowe Price launched TKNZ, the first actively managed crypto ETF, where five managers pick between 5 and 15 coins rather than tracking a fixed index.
Finance & markets
Stocks Tumble as the Rout in Chipmakers Deepens
The S&P 500 Index ($SPX) (SPY) today is down -1.06%, the Dow Jones Industrial Average ($DOWI) (DIA) is down -0.12%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -2.23%. September E-mini S&P futures (ESU26) are down -0…
Cotton Extending Losses to Friday AM Trade
Cotton price action is down 95 to 105 points so far on Friday morning. Futures fell into the Thursday close, posting session losses of 223 to 287 points at the final bell. Crude oil was up a modest 14 cents per barrel, …
See How Commercial Metals Ranks Among Analysts' Top Metals Picks
In forming this rank, the analyst opinions from the major brokerage houses were tallied, and averaged; then, the underlying components of the Metals Channel Global Mining Titans Index were ranked according to those aver…
Stocks Settle Lower as Chipmakers and AI Stocks Slump
The S&P 500 Index ($SPX) (SPY) on Thursday closed down -0.51%, the Dow Jones Industrial Average ($DOWI) (DIA) closed down -0.20%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -1.62%. September E-mini S&P futures (…
Oversold Conditions For Cerence (CRNC)
In trading on Friday, shares of Cerence Inc (Symbol: CRNC) entered into oversold territory, hitting an RSI reading of 29.5, after changing hands as low as $8.37 per share. By comparison, the current RSI reading of the S…
FAA lets Boeing sign off on 737 Max, 787 airworthiness certificates again
The U.S. government on Friday said Boeing can once again issue airworthiness certificates for its bestselling 737 Max aircraft and 787 Dreamliners, an authority that was stripped from the manufacturer after fatal crashe…
Corn Fades Back Lower on Thursday
Corn rounded out Thursday trade with contracts down 4 to 6 cents across most contracts. The CmdtyView national average Cash Corn price was down 6 3/4 at $4.10 3/4.
Stocks Tumble as the Rout in Chipmakers Deepens
The S&P 500 Index ($SPX) (SPY) today is down -1.06%, the Dow Jones Industrial Average ($DOWI) (DIA) is down -0.12%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -2.23%. September E-mini S&P futures (ESU26) are down -0…
Bond yields are sending a new signal about Fed rate hikes
Kevin Warsh’s first Federal Reserve meeting delivered a clear message to markets: inflation is back at the center of policy. The Fed held rates steady at 3.5% to 3.75%, but Warsh’s debut press conference, a shorter poli…
Surging Crude Oil Lifts Sugar Prices
October NY world sugar #11 (SBV26) today is up +0.47 (+3.25%), and October London ICE white sugar #5 (SWV26) is up +16.70 (+3.67%).
Anthropic in early talks with Meta to acquire compute power
Anthropic is in very preliminary talks to lease computing power from Meta, a person familiar with the matter told CNBC's Kate Rooney.
Hogs Look at Friday, Pork Continues Climb Above $100
Lean hog futures posted 20 to 60 cent gains in most contracts, with August down a nickel. Open interest was down 2,966 contracts, suggesting some shorts covering. USDA’s national base hog price was reported at $100.26 o…
Amazon's Zoox issues software recall after robotaxi drove into heavy smoke
Amazon-owned Zoox recalled software in 105 of its robotaxis over concerns its vehicles failed to detect heavy smoke and drove into it.
Soybeans Holding onto Midday Gains, Following Slew of Export Business
Soybeans are rebounding from the Thursday weakness with contracts up 6 to 8 cents in most contracts at midday. The cmdtyView national average Cash Bean price is up 7 ½ cents at $11.62 1/2. Soymeal futures are $2.10 to $…
Hogs Gains Pushing to Friday
Lean hog futures are trading with 50 cent to $1.02 gains across most contracts at midday. USDA’s national base hog price was reported at $96.68 Friday morning, down $3.49 from the day prior. The CME Lean Hog Index was 5…
Credit vs Factoring in Trucking: It’s About Financial Fit
If you're a carrier operating in today's freight market, with tight margins, rate volatility, and rising operating costs, the real issue isn't the tool. It's whether the financing actually fits how your trucking busines…
Chipmakers and other high-flying stocks slide as AI trade wobbles
QCOM surged 68% in 30 days on hyperscaler chip news, yet handset revenue fell 13% and operating income dropped 26% last quarter.
Corn Holding Steady on Friday AM Trade
Corn price action is showing steady to fractionally lower trade so far on Friday morning. Futures rounded out Thursday trade with contracts down 4 to 6 cents across most contracts. Open interest was up 5,440 contracts o…
Bad week for the ‘ants’ as ripple effects of Korean crash spread out across Asia
A high bar is set for Q2 results. Plus: A sector that could surprise, what to watch in big bank earnings, and the World Cup’s effect on the US economy.
Can former employers withhold money from your 401(k) when you’re laid off?
Hearing the words, "you're being laid off," can bring on one of the worst feelings in the world. After all, if you're like most people, you probably count on your job to provide you with a paycheck, not to mention healt…
Israeli strikes kill Palestinians attending Gaza funeral for earlier strike victim
DEIR AL-BALAH, Gaza Strip (AP) — Israeli strikes in Gaza killed at least 10 Palestinians on Thursday, local hospitals said, even as much of the world’s attention was focused on the fighting between Israel and Hezbollah …
Apple and Nvidia Vie for Wall Street’s Crown
Late one evening in 2010, in his Taipei home, Morris Chang topped off the wine in his guest’s glass. Across from him sat Jeff Williams, Apple’s chief operating officer, who had flown in with a proposal that was as audac…
South Plains Financial (SPFI) Beats Q2 Earnings and Revenue Estimates
South Plains Financial (SPFI) came out with quarterly earnings of $0.96 per share, beating the Zacks Consensus Estimate of $0.86 per share. This compares to earnings of $0.86 per share a year ago. These figures are adju…