Cocoa Prices Sharply Higher on Excessive Ivory Coast Rain
September ICE NY cocoa (CCU26) on Wednesday closed up +328 (+7.06%), and July ICE London cocoa #7 (CAN26) closed up +246 (+7.05%).
Finance & markets
Mizuho Says Duke Energy (DUK) Can Execute Despite Near-Term Regulatory Challenges
Duke Energy Corporation (NYSE:DUK) is included among the Top 10 Blue Chip Stocks with Growing Dividends.
TMC The Metals Company Is Poised to Surge: 2 Catalysts That Could Drive Gains Over the Next Year
The landscape of mining stocks is often a study in contrasts. There are large, well-heeled multinational companies with established, even somewhat dependable business models, growing mid-tier players aspiring to join th…
Cattle Rally on Wednesday
Live cattle future rallied on Wednesday, with contracts up $1.07 to $2.95 across the board. This morning’s Central Stockyards Fed Cattle Exchange online auction saw 519 head sold of the 2,652 head offered, at $186 live …
Cotton Faces Losses on the Wednesday Session
Cotton futures posted midweek losses of 187 to 247 points across the front months on Wednesday. Crude oil was down another $3.34/bbl to $69.87. The US dollar index was another $0.147 higher at $101.320.
South Korea’s IPO bust clouds equity markets as Chaebol structure restrains listings
South Korea's equity IPO activity has plummeted this year as efforts to boost corporate valuations run into trouble around governance reforms and the high amount Chaebols, or family-run conglomerates.
Wheat Fades Back on Wednesday
The wheat complex saw contracts fade lower on Wednesday. Chicago SRW contracts were steady to a penny lower at the close. KC HRW futures saw nearby July down a penny, with other contracts fractionally to 2 ¾ cents in th…
Delayed Brazil Harvest and Tight Inventories Underpin Coffee Prices
September arabica coffee (KCU26) on Wednesday closed up +1.24 (+0.45%), and July ICE robusta coffee (RMN26) closed up +127 (+3.55%).
Energy secretary says U.S. has ended Iran's ability to close Strait of Hormuz
U.S. military escorts of commercial ships have ended Iran's ability to close the Strait of Hormuz in the future, Energy Secretary Chris Wright said Wednesday.
Stocks Settle Mixed as Tech Weakness Weighs on the Broader Market
The S&P 500 Index ($SPX) (SPY) closed down -0.10%, the Dow Jones Industrial Average ($DOWI) (DIA) closed up +0.35%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -0.43%. September E-mini S&P futures (ESU26) fell -0…
New meme stock Wendy's soars more than 25% with trading halted at one point
Wendy's shares surged on Wednesday, fueled by a burst of retail investor enthusiasm that appears disconnected from the fast-food chain's latest executive appointment.
Trump cancels signing of bipartisan housing bill ahead of tense meeting with GOP senators
President Donald Trump on Wednesday canceled via Truth Social a scheduled Capitol Hill signing of a landmark bipartisan housing bill that leaders in both parties had heralded as a win, setting off a contentious day in C…
Hogs Holding Mixed on Wednesday
Lean hog futures closed Wednesday with mixed trade, with front months down 30 to 52 cents and deferred contracts 10 to 40 cents higher. USDA’s national base hog price was reported at $95.56 on Wednesday afternoon, down …
Bitcoin falls back under $60,000, hitting its lowest level since October 2024
Bitcoin dropped on Wednesday to its lowest level since October 2024 amid a pullback in tech stocks, as the crypto bear market drags on.
Federal Reserve says U.S. banks can withstand $708 billion in losses amid overhaul of capital rules
The biggest U.S. banks would be able to absorb more than $708 billion in losses in a severe global recession while continuing to lend to households and businesses, according to the Federal Reserve's annual stress test r…
Micron stock soars after blowout earnings expose AI's memory bottleneck
The AI memory scare ran straight into Micron's (MU) profit machine on Wednesday, sending its stock surging as much as 19% Thursday to a fresh intraday record high — its 40th of 2026.
U.S. crude oil briefly dips below $70 as tankers transit Strait of Hormuz
Oil prices fell about 4% Wednesday as tankers continued to transit the Strait of Hormuz, raising hopes that the worst of the Middle East supply disruption is over.
Cotton Falling Lower on Wednesday
Cotton futures are trading with contracts down 46 to 55 points at the midday portion of the Wednesday session. Crude oil is rallying $1.44/barrel, with the US dollar index down $0.081 to $98.630.
Identity theft victims face 'unconscionable' IRS delays, report says
Victims of identity theft face "unconscionable" delays at the Internal Revenue Service, a dynamic causing headaches and financial hardship for many Americans that comes amid steep staffing cuts at the federal agency, ac…
Qualcomm stock pops 15% after chipmaker almost doubles projection for 2029 non-handset revenue
Qualcomm shares jumped 15% in extended trading on Wednesday after the chipmaker said non-handset revenue in fiscal 2029 will be $40 billion, up from a prior forecast of $22 billion.
Bessent sees GDP growth booming again this year. Kalshi traders see little chance of that
While Treasury Secretary Scott Bessent believes the U.S. economy can achieve 3% growth this year, traders on Kalshi paint a different picture.
Anthropic accuses Alibaba of campaign to 'brazenly' and 'illicitly' extract AI capabilities
Anthropic sent a letter to the U.S. Senate Committee on Banking, Housing, and Urban Affairs accusing the Chinese tech company Alibaba of "brazenly" and "illicitly" attempting to extract its artificial intelligence capab…
AngloGold Ashanti (AU) Declines More Than Market: Some Information for Investors
AngloGold Ashanti (AU) ended the recent trading session at $47.46, demonstrating a -1.06% change from the preceding day's closing price. This move lagged the S&P 500's daily loss of 0.4%. Elsewhere, the Dow lost 0.98%, …
White House requests $87.6 billion supplemental spending for Iran war, farm aid
The White House on Wednesday asked Congress for $87.6 billion in supplemental spending to pay for the Iran war and a host of other things including aid to U.S. farmers, and Ebola response.