Markets
Australia posts second-quarter growth of 2.1%, beating expectations
Australia's economic growth beat expectations in the second quarter, expanding 2.1% year on year, data released Wednesday showed.
Markets
Markets
Australia Q2 GDP beats forecast, but growth remains subdued
Next week's highlights include: China Politburo Meeting (TBC), Fed Policy Announcement (Wed), BoC Minutes (Wed), Australian CPI (Wed), BoE Policy Announcement (Thu), EZ GDP (Thu), US PCE (Thu), US GDP Advance (Thu), BoJ…
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Cotton Falls Back Lower on Turnaround Tuesday
Cotton posted Turnaround Tuesday losses of 115 to 169 points at the Tuesday close. Crude oil was $4.92 per barrel higher on the day, with the US dollar index up $0.235.
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Dell’s AI servers drive a stellar earnings performance, and a raised outlook
The company’s backlog has reached $95 billion as demand accelerates for its AI servers
Markets
Japanese green tea giant Ito En surges 8%, defying a broad market sell-off
Shares of Japanese beverage maker Ito En surged more than 8% Wednesday, following its fiscal first-quarter results, bucking a broader drop in the country's stocks.
Markets
Corn Rally Extends to Tuesday
Corn futures posted gains of 6 to 8 ¾ cents across most contracts on Tuesday, extending to new highs. There were another 187 deliveries issued against September corn overnight. The CmdtyView national average Cash Corn p…
Markets
Bathurst FY26 slides: EBITDA hits guidance as growth projects advance
FY26 EBITDA reached NZD $45 million, with strong cash reserves and stable operations. Key growth projects in New Zealand and Canada are advancing, with Buller and Tenas targeting production in 2028 and 2029. FY27 EBITDA…
Markets
Dell stock jumps after hours as soaring AI server demand prompts guidance raise
Dell Technologies (DELL) delivered a fiscal first-quarter report that stunned Wall Street, sending its shares soaring as much as 38% in extended trading. The Round Rock, Texas-based company posted revenue of $43.8 billi…
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Credo’s Optical Ramp Could Decide Whether Its Forward Multiple Holds
Now Live: Discover how much upside your favorite stocks could have using TIKR’s new Valuation Model (It’s free) >>>
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China dissented from G20 statement opposing 'cheap exports' flooding market, Bessent says
China was the only Group of 20 member to dissent from a joint statement that "non-market based economies pushing out a never-ending stream of cheap exports is not sustainable," Treasury Secretary Scott Bessent said Tues…
Markets
Crude Prices Surge on Escalation of US-Iran Hostilities
October WTI crude oil (CLV26 ) closed up +4.46 (+5.20%) on Tuesday, and October RBOB gasoline (RBV26 ) closed up +0.0581 (+1.89%). Crude oil and gasoline prices surged on Tuesday, with crude oil posting a 6-week high. C…
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Penn. Gov. Shapiro says too many data center developers 'don't care about our communities'
Pennsylvania Gov. Josh Shapiro said Tuesday that "too many" data center developers don't care about the communities where they are building those artificial intelligence-sector projects, which have met with growing oppo…
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Palo Alto CEO says $1 trillion of cybersecurity infrastructure isn’t ready for AI
Palo Alto Networks CEO Nikesh Arora said Tuesday that AI is forcing companies to overhaul roughly $1 trillion of aging cybersecurity infrastructure built for a pre-AI world.
Markets
Bigger Supplies from the Ivory Coast Knock Cocoa Prices Lower
Cocoa prices are retreating today, with London cocoa falling from an 11-month high. Cocoa prices came under pressure today on bigger supplies from the Ivory Coast. Cumulative data from the Ivory Coast, the world’s large…
Markets
Anthropic changes data retention policy after pushback from customers
Anthropic on Tuesday announced it will change a controversial data retention policy for its business customers after "a lot of feedback," and it said it plans to implement a new solution called Enterprise Frontier Safeg…
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Dell surges 9% after lifting fiscal 2027 forecast on AI server strength
Dell Technologies shares moved 9% higher in extended trading on Tuesday after the computer maker reported results and a forecast that easily cleared Wall Street expectations.
Markets
This could be the 10-year Treasury’s tipping point into the danger zone
Editor's Note: As U.S. Treasury yields approach the sensitive 5% threshold, global risk assets are coming under pressure. This article opens with the bond market completing the first act of the narrative, then shifts fo…
Markets
Crude Rallies on Concern of Prolonged Disruption to Middle East Oil Supplies
October WTI crude oil (CLV26) is up +1.99 (+2.32%) today, and October RBOB gasoline (RBV26) is up +0.0153 (+0.50%).
Markets
Coffee Prices Slip as Brazil’s Coffee Exports Expected to Accelerate
December arabica coffee (KCZ26) is down -4.40 (-1.41%) today, and November ICE robusta coffee (RMX26) is down -102 (-2.89%).
Markets
Soybeans Rallying Early on Tuesday Following EPA News
Soybeans are showing 9 to 10 cents gains across most front months. Futures saw strength to close out Monday trade, with contracts steady to 7 cents higher, led by the deferreds. September was down a penny. Open interest…
Markets
Wheat Sticking Close to Unchanged on Tuesday Morning, but Falling from Highs
Wheat is starting out September with contracts mixed, but holding withing a few cents of unchanged. Futures are at least 10 to 15 cents off the overnight highs. The wheat complex is facing some month end pressure to clo…
Markets
U.S. strikes Iran after new Hormuz Strait shipping attacks: Centcom
The U.S. military launched new strikes against Iranian targets around the Strait of Hormuz on Tuesday, U.S. Central Command said in a social media post, after a pair of oil tankers came under attack in the critical ship…
Markets
AI token prices are hitting new record lows
A closely followed measure of artificial intelligence token prices touched fresh lows this week, the latest sign of deflating prices in an increasingly competitive landscape.
Markets
Private equity keeps picking off London-listed firms – and Westminster barely notices | Nils Pratley
The UK is in the business of “reindustrialising”, says the prime minister. If we are, an increasing portion of the activity will be under foreign ownership. Tuesday brought yet another overseas private equity swoop on a…