MYR Group Inc. MYRG is one of the largest specialty electrical construction contractors in the U.S. and one of the best pure-play stocks to buy within an increasingly critical behind-the-scenes industry required to fuel…
World oil demand is set to fall further than previously expected this year, the International Energy Agency said Wednesday, as the impact of the closure of the Strait of Hormuz deepens.
A T. Rowe Price fund manager thinks the hyperscalers can comfortably fund their investment spending, and moreover, derive high returns on that invested capital with a short payback schedule.
Norway's $2.3 trillion sovereign wealth fund reported a record half-year profit of more than $184 billion on Wednesday, as a rally in Asian technology stocks helped the fund return 9.4%.
AI cloud giant CoreWeave was up in premarket trading on Wednesday after reporting that its second-quarter revenue doubled, driven by surging demand from hyperscalers for AI compute capacity.
Two very different pictures of China’s artificial intelligence race are coming into focus at the same time. Tencent, the roughly $500 billion conglomerate behind WeChat and one of the world’s largest gaming businesses, …
US stock futures were little changed in premarket trading on Wednesday as investors braced for fresh Consumer Price Index (CPI) data, which could alter the Fed's interest rate calculus.
The New York City Council is investigating marketing practices by prediction market platforms, the office of Council Speaker Julie Menin said on Wednesday.
Milwaukee County executive David Crowley stunned Democratic socialist Francesca Hong in Wisconsin's Democratic gubernatorial primary, surging to victory after polls had him down by double digits.
Micron Technology surged 18% on Thursday, rebounding from recent declines as Samsung’s Q2 earnings signaled long-term memory chip shortages due to AI demand. This commentary effectively countered previous bearish narrat…
Albertsons Companies, Inc. ACI is an operator of food and drug stores. The Zacks Consensus Estimate for its current year earnings has been 5.1% downward over the last 60 days.
The dollar index (DXY00) rose by +0.06% on Tuesday. The dollar found support on Tuesday after WTI crude oil prices rose more than +1% to a 1-week high, which raises inflation expectations and may persuade the Fed to tig…
The company impressed Wall Street several weeks ago by teasing an improved profitability trajectory. Super Micro’s latest forecast has exceeded expectations as well.
Soybeans posted Tuesday losses of 3 to 10 ¾ cents across most contracts, led by the front months. The cmdtyView national average Cash Bean price was down 10 cents at $11.26 1/4. Soymeal futures were 30 to 70 cents lower…
Nat-gas prices fell from a 2-week high on Tuesday and settled lower. Gas prices gave up early gains and turned lower on Tuesday after the US Energy Information Administration (EIA) projected US nat-gas storage levels to…
A string of recent AI hacking incidents has pushed cybersecurity to the forefront of the conversation, as labs race to develop agentic AI from their frontier models.
Corn futures posted marginal losses on Tuesday, with contracts down 1 to 2 cents across the board. The CmdtyView national average Cash Corn price was down a penny at $4.07 3/4.
The S&P 500 Index ($SPX) (SPY) closed down -0.32% on Tuesday, the Dow Jones Industrial Average ($DOWI) (DIA) closed down -0.34%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -0.33%. September E-mini S&P futures (E…