Cocoa Prices Sink on Abundant Supplies
December ICE NY cocoa (CCZ26) closed down -207 (-3.46%) on Thursday, and December ICE London cocoa #7 (CAZ26) closed down -125 (-2.86%).
Finance & markets
Anthropic shares 3 metrics to help AI companies monitor pace of development
Anthropic is sharing three new metrics that it says could help artificial intelligence companies monitor the pace of development, days after CEO Dario Amodei rocked the industry by calling for a coordinated slowdown.
Signs of Weak Demand Undercut Sugar Prices
October NY world sugar #11 (SBV26) closed down -0.55 (-3.06%) on Thursday, and December London ICE white sugar #5 (SWZ26) closed down -15.40 (-2.94%).
Wheat Weakness Pushes to Thursday
The wheat complex held onto weakness across the three exchanges at the final bell on Thursday. Chicago SRW contracts were down 3 ¾ to 6 ¾ cents on the session. KC HRW futures posted 5 to 8 ½ cent losses. MPLS spring whe…
Jensen Huang says Nvidia will sell twice as many chips next year
Huang's comment is the latest forecast from Nvidia and points to continuing massive growth for the next six quarters.
Dollar Slightly Lower as T-Note Yields Fall
The dollar index (DXY00 ) fell from a new 1.5-month high on Thursday and finished down by -0.03%. The dollar posted modest losses on Thursday as a sharp rally in stocks curbed demand for dollar liquidity. Lower T-note y…
House heads home to campaign amid calls for urgent AI action
The urgency with which Anthropic, OpenAI and xAI have sought to be regulated has not translated into action on Capitol Hill.
Pokémon has turned 30, and Target is set to cash in on the anniversary craze
SINGAPORE - Pokemon cards, once childhood collectibles, have made a comeback as niche investments, notably among young investors chasing returns that exceed traditional equities.
Crude Prices Slip as Supply Fears Ease
October WTI crude oil (CLV26 ) closed down -0.52 (-0.51%) on Thursday, and October RBOB gasoline (RBV26 ) closed up +0.0223 (+0.64%). Crude oil and gasoline prices settled mixed on Thursday, with gasoline climbing to a …
Securitize jumps after regulators greenlight some tokenized U.S. stock trading
Securitize surged Thursday after federal regulators greenlit the issuing of tokenized stocks on some trading platforms in the U.S.
Saudi Arabia is now pushing to export more oil through the Strait of Hormuz
The world’s second-largest crude exporter is rerouting crude via dark shipments and ship-to-ship transfers off Oman.
Micron, Intel and other chip stocks are furthering their strong comebacks
Investor fears about an AI spending slowdown and the impact of interest-rate hikes are subsiding.
Generac’s Amazon Deal Resets the Stock’s Growth and Valuation Debate
Generac Holdings (NYSE:GNRC) is trading at $206.44, up $31.33, or 17.9%, from Wednesday's close of $175.11. The session range tells the real story. Shares opened the day in a $234 to $235 indication after the Amazon ann…
Lawmakers must 'keep their options open' on Social Security reform, former Treasury Secretary Jack Lew says
The next U.S. president and candidates for Senate this November will be tasked with addressing Social Security's funding shortfall.
Amazon’s secret weapon against Walmart could be a massive blitz in same-day delivery
BofA analysts say Amazon’s reported plans to expand same-day fulfillment centers represent an effort to make basic goods “immediately accessible.”
The 10-year Treasury is having its worst run in over 100 years. Why investors are buying bonds anyway.
“The higher that yields go — for at least new money — it becomes more enticing to think about putting money into bonds,” one strategist notes.
Wall Street is betting Trump backs down on Iran — but what if the ‘TACO’ trade fails this time?
For six months, investors had a playbook: when Trump threatens Iran, buy the dip, because he always backs down. But in September, the playbook stopped working.
My brother-in-law expects my husband and me to pay for his food every time we go out. How can I tell my husband I don’t want to do this anymore?
"They disabled it during the night, so he could only use the call app. I never understood why he only wanted to talk on Snapchat; it was because they would read his conversations with me on regular texts. When she disco…
AI needs to have 'reasonable guidelines,' Palantir's Karp tells CNBC
Palantir CEO Alex Karp called for "reasonable guidelines" on artificial intelligence regulation and said nationalization may be needed as leaders deliberate over the technology's risks.
As Republicans tout Trump's 'big beautiful bill,' here's who the tax breaks benefited most
As the midterm elections approach, Republicans are touting President Donald Trump's "big beautiful bill" to voters as they fight to keep slim majorities in Congress.
Dollar Weakens with Crude Oil Prices and T-Note Yields
The dollar index (DXY00) fell from a new 1.5-month high today and is down by -0.20%. The dollar is under pressure today after WTI crude oil prices fell more than -2%, easing inflation expectations and a dovish factor fo…
AI was supposed to kill Google search. These numbers show the opposite, analyst says.
To see if there would be any biases that could arise from the question format, we tested the same questions in both open-ended and multiple-choice formats.
How record diesel prices will rip through the U.S. economy. Trucks, rails are only the start
Ever since the outbreak of war with Iran earlier this year, motorists have been warily eyeing prices at the pump. While unleaded gas prices have largely avoided historic highs, the same can't be said for diesel fuel, wh…
Bitcoin could be headed for $230,000 in less than a decade. Here are seven ways to value the crypto.
John Laforge, of Ned Davis Research, said network adoption is the best way of assessing the cryptocurrency’s worth.