Corn Slip Lower Late on Wednesday
Corn futures posted losses of 1 to 2 ¾ cents in the front months, with deferred contracts steady to ¾ cent higher. The CmdtyView national average Cash Corn price was down 1 3/4 cents at $3.78 1/4.
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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.
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.
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…
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.
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…
Amazon's Zoox unveils redesigned robotaxi ahead of upcoming expansion
Amazon's Zoox unveiled the "next evolution" of its toaster-shaped self-driving vehicle on Wednesday, adding more rider-friendly features ahead of a wider U.S. rollout this year.
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.
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…
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.
Traders are getting worried the chip stock bull market is cracking. How to protect yourself
Options traders were buying a lot of protection on the iShares Semiconductor ETF (SOXX) on Tuesday. Puts traded 1.5x the 20-day average volume, 74,468 contracts. Options markets are echoing what you are already seeing i…
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.
Why energy could be a great place to invest even with oil prices retreating — 5 stocks to buy
While the world watches and waits on every word around the Strait of Hormuz, investors are moving on. Mostly. It's 'mostly' because no one is suggesting that the troubles are over and things are back to normal. Far from…
Micron earnings are set to send the market on a wild ride — and a new ETF may add to the volatility
A new ETF seeking to leverage Micron's volatility has emerged – right in the nick of time
Nvidia's Huang calls black market data centers made of smuggled parts a 'dead end'
Nvidia CEO Jensen Huang told shareholders on Wednesday that if a commercial opportunity conflicts with U.S. national security, the company would prioritize American interests.
Federal student loans have a new interest rate discount — here's who qualifies
The Trump administration is offering federal student loan borrowers a deeper-than-usual discount on their interest rates if they sign up for automatic payments soon — but not everyone will qualify.
Toyota gains on General Motors in new U.S. sales forecast: 'GM may be looking over their shoulder'
DETROIT – Toyota Motor is notably gaining on America's largest automaker, General Motors, in U.S. sales as hybrids get more popular and all-electric vehicles sputter.
T-Mobile US (TMUS) to Employ Nearly 1,000 People by 2027, Reuters Reports
T-Mobile US, Inc. (NASDAQ:TMUS) is one of the top high-conviction stocks to buy according to hedge funds. Reuters reported on June 4 that, according to a statement from an Indian state government, T-Mobile US, Inc. (NA…
HSBC Cuts PT on Danaher Corporation (DHR) – Here’s Why
Danaher Corporation (NYSE:DHR) is one of the top high-conviction stocks to buy according to hedge funds. HSBC cut the price target on Danaher Corporation (NYSE:DHR) to $230 from $270 on June 3 and maintained a Buy ratin…
Is GoDaddy Stock Underperforming the Dow?
With a market cap of $10.1 billion, GoDaddy Inc. (GDDY) is a trusted growth partner to more than 20 million entrepreneurs worldwide, helping them build, manage, and grow their businesses online. Beyond domain names, GoD…
AI Fears Overshadow Sales Force’s (CRM) Strong Fundamentals
Burke Wealth Management, an investment management company, released its "Focused Growth Strategy" first-quarter 2026 investor letter. A copy of the letter can be downloaded here. The Fund returned -10.6% in Q1 2026, sig…
Keefe Bruyette Upgrades Toll Brothers (TOL) to Outperform – Here’s Why
Toll Brothers, Inc. (NYSE:TOL) is one of the top cheap growth stocks to get rich. Keefe Bruyette upgraded Toll Brothers, Inc. (NYSE:TOL) to Outperform from Market Perform on June 8, adjusting the price target on the sto…
Market jitters have more people hitting pause on investing
Only 1 in 4 Americans think now is a good time to invest, according to a new study from Allianz Life Insurance Company of North America published Tuesday.
What's the Best AI Crypto to Buy Right Now?
The broader crypto market may be in steep decline, with major cryptocurrencies such as Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) down anywhere from 25% to 50% for the year.