Cotton Easing Lower on Thursday
Cotton futures are trading with 12 to 25 point losses on the Thursday session. Crude oil is down $1.68 cents/barrel at $66.70, with the US dollar index $0.171 lower to $97.370.
Finance & markets
India ramps up missile sales in Indo-Pacific as China’s assertiveness turns neighbors wary
India will supply its BrahMos and Astra missiles to Indonesia, the country's third such agreement in the Indo-Pacific, underscoring New Delhi's rise as a defense supplier in the region amid growing concerns over China's…
Soybeans Correct Lower on Thursday Ahead of Friday USDA Reports
Soybeans were down 10 to 15 ¼ cents in the front months, with other contracts fractionallt to 8 cents lower. The cmdtyView national average Cash Bean price was down 14 1/2 cents at $11.31. Soymeal futures were $3.70 to …
Hogs Close with Mixed Trade on Thursday
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,…
U.S. to continue 'technical talks' with Iran after Trump said ceasefire was 'over'
The U.S. will engage in "technical talks" with Iran and remains committed to finding a solution to the conflict, despite the two countries trading airstrikes in recent days, MS Now reported Thursday, citing a U.S. offic…
New Fed task force members share Chairman Kevin Warsh's embrace of AI
A series of task forces designed to bring outside thinking to the Federal Reserve will include the "best minds," Chairman Kevin Warsh said Thursday. For a task force that could be especially consequential for the Fed's …
Where Jim Cramer stands on SK Hynix's massive offering
CNBC's Jim Cramer said Thursday that SK Hynix's upcoming Nasdaq debut will give U.S. investors a new way to bet on the artificial intelligence boom, but warned the South Korean memory-chip giant comes with significant r…
Energy M&A kicks into high gear amid AI's thirst for power
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.
OpenAI exec Fidji Simo says she's stepping down due to chronic illness, will transition to advisor
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."
If you invested $10,000 in Bitcoin, Trump meme coin, and gold when Trump took office, here's what you'd have today
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…
Prediction markets spark insider trading concerns. Here's how Goldman and other companies are responding
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.
People Are Talking About Contango While Oil Markets Are Far From Recovered
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…
Inside NATO's extraordinary 48 hours that revealed Trump's grip on global diplomacy
For 48 hours in Ankara, Turkey, it felt as though the world was moving on Donald Trump's timetable.
Analyst Report: Suburban Propane Partners LP
Suburban Propane Partners L.P. is a publicly traded master limited partnership. Headquartered in Whippany, New Jersey, it has been engaged in the retail propane business since 1928. The partnership serves approximately …
Kalshi traders see roughly 50% odds of a rate hike in 2026 as Fed is split on policy
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.
A huge trade just happened on the Nasdaq 100. Bulls are taking notice
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…
Kalshi traders think gas prices will stay higher for longer as U.S.-Iran tensions heat back up
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…
Alleged Reflecting Pool vandal David Hearn pleads not guilty; lawyer calls him 'scapegoat'
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.
Florida's Palm Beach airport renamed for Trump
The airport in West Palm Beach, Florida, has officially been renamed after President Donald Trump, the first time an airport has been named after a sitting U.S. president.
Kevin Warsh names members of his Federal Reserve task forces, including Marc Andreessen, Doug McMillon
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…
Action-starved traders look to small-cap stocks for the next big move
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…
Anduril CEO says it's bad to IPO in ‘middle of a hype cycle’
Anduril CEO Brian Schimpf said the defense tech company is in no hurry to go public given the current market conditions.
Palo Alto CEO Arora says AI pricing needs to fall 90% as token costs skyrocket
Palo Alto Networks CEO Nikesh Arora warned that token costs need to drop as much as 90% to promote large-scale artificial intelligence adoption.
Market Update: AES, SPH
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 …