Markets
Meet Kimi K3, the newest Chinese AI model haunting Silicon Valley
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.
Markets
Markets
Corn Sees a Late Push to Close Near the Highs on Friday
Corn futures shrugged off the early weakness on Friday to close near the highs of the day, up 2 ¼ to 3 ½ cents across most contracts. September was 5 ¼ cents higher on the week with December up 6 1/2. The CmdtyView nati…
Markets
The World Cup–winning side will make $50 million — and the IRS gets a cut
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.
Markets
Databricks' 40% valuation bump looks 'almost quaint' next to Anthropic
When Databricks closes its new funding round, its valuation will get a 40% bump since it last raised capital in February.
Markets
Cotton Slipping Lower on Friday
Cotton futures are heading 87 to 99 points lower so far on Friday, amid some outside market pressure. December cotton futures expire today. The outside markets are pressure factors, with the US dollar index up 374 point…
Markets
The White House is dictating access to frontier AI models, shifting power from tech giants, sources say
The Trump administration has taken new steps to assert more control over the rollout of future artificial intelligence model releases by dictating which companies and entities are allowed access to the latest frontier m…
Markets
19 (mostly) tech stocks that have fallen at least 25% in July
Specifically, Chair Warsh said that “financial markets perform best when they react to incoming data. I think the financial markets work less efficiently when they ask a question. How will the Federal Reserve react to t…
Markets
Cattle Continues Slide into the Weekend on Weaker Cash and Beef
Live cattle futures posted losses of 97 cents to $2.67 across most contracts on Friday. August was down $10.77 this week. Cash trade settled in at $238-240 in the north this week, with Southern trade at $237-238. Feeder…
Markets
Stocks Tumble as the Rout in Chipmakers Deepens
The S&P 500 Index ($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…
Markets
Soybeans Posting Modest Friday AM Strength
Soybeans are showing 2 to 3 cent action so far on Friday. Futures were weaker on Thursday, with contracts down 6 to 7 ¼ cents on the day. Preliminary open interest was up 14,419 contracts. The cmdtyView national average…
Markets
Stocks Finish Sharply Lower as Tech Stocks Slump
The S&P 500 Index ($SPX) (SPY) on Friday closed down -1.01%, the Dow Jones Industrial Average ($DOWI) (DIA) closed down -0.77%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -1.49%. September E-mini S&P futures (ES…
Markets
Greenwich LifeSciences Becomes Oversold (GLSI)
In trading on Friday, shares of Greenwich LifeSciences Inc (Symbol: GLSI) entered into oversold territory, hitting an RSI reading of 29.9, after changing hands as low as $15.55 per share. By comparison, the current RSI …
Markets
Analysis: Fed Chairman Warsh faces an inflation credibility test after Congress hearings
Credibility is everything for Kevin Warsh. Congressional hearings this week showed how hard it will be for the new Federal Reserve chairman to keep it.
Markets
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 $…
Markets
Wheat Strengthens into the Friday Close
The wheat complex was in rally mode to close out the week, finishing higher in all three exchanges. Chicago SRW contracts were 4 ¾ to 9 ½ cents higher across most contracts, with September up 42 ½ cents on the week. KC …
Markets
Cotton Futures Fade into the Weekend
Cotton futures saw weakness extend to Friday, with contracts closing down 62 to 89 points on the day, with December down 291 points this week. Crude oil was up another $3.50 per barrel, with the US dollar index up 0.011.
Markets
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.
Markets
‘I am at a loss’: My brother is dying. We are not close. What responsibility do I have to help him?
I was 35 years old when my father died suddenly. No warning. No drawn-out illness. One day he was there, the next day he wasn’t. I remember how disorienting it felt, how the world kept moving while something fundamental…
Markets
Stock Market Today, July 17: UiPath Gains on Retail AI Partnership
UiPath (NYSE:PATH), an enterprise automation and robotic software provider, closed at $12.15, up 1.00%. The gains follow a recent retail artificial intelligence (AI) partnership, while broader technology weakness stayed…
Markets
Dollar holds steady on safe-haven demand, ends down on the week
NEW YORK, July 17 (Reuters) - The dollar was flat on Friday, but ended the week lower as tame U.S. inflation data led traders to cut bets on imminent rate hikes from the Federal Reserve.
Markets
US judge won’t block Meta from laying off workers who filed AI discrimination lawsuit
☀️ Good morning from The Legal File! Here is the rundown of today's top legal news:
Markets
Cotton Slipping Lower on Friday
Cotton futures are heading 87 to 99 points lower so far on Friday, amid some outside market pressure. December cotton futures expire today. The outside markets are pressure factors, with the US dollar index up 374 point…
Markets
Cattle Continues Slide into the Weekend on Weaker Cash and Beef
Live cattle futures posted losses of 97 cents to $2.67 across most contracts on Friday. August was down $10.77 this week. Cash trade settled in at $238-240 in the north this week, with Southern trade at $237-238. Feeder…
Markets
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 $…