Christopher Forbes , head of Asia and Middle East at CMC Markets , told Reuters that he thought that recent tech earnings had been robust, despite the market reaction.
MasTec, Inc. MTZ is a market-crushing, under-the-radar infrastructure construction stock benefiting directly from the artificial intelligence spending boom.
CareDx CDNA shares rallied 35.6% in the last trading session to close at $40.34. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to th…
Anyone who has booked a flight lately knows fares are not cheap. The airlines' pricing data pattern over the last few months is unmistakable. Oil goes up, fuel costs surge, and airlines pass the pain to you.
Live cattle futures rounded out the Thursday session with contracts down $2.35 to $3.05. Cash trade started to pick up, with a few light northern sales of $378-380 dressed and live action reported at $238-240 by USDA, w…
Live cattle futures are trading sharply lower at midday on Thursday, with a number of contract months down $3 per cwt or more. They posted $1.30 to $2.82 losses on Wednesday. Open interest was down 3,922 contracts, sugg…
The dollar index (DXY00) rose by +0.27% on Thursday. The dollar rallied on Thursday as better-than-expected US economic reports signaled economic strength and lifted T-note yields. Weekly jobless claims unexpectedly fel…
The latest Chinese model trails U.S. competitors on benchmarks. But it may not have to win the performance race to reshape the geopolitics of artificial intelligence.
Spain's Deoleo, the world's largest olive oil company, says a period of unprecedented volatility has unequivocally given way to more stable market conditions, citing an unlikely catalyst in helping to lift U.S. sales.
On Thursday, Eli Lilly announced an agreement to buy the psychedelic drugmaker AtaiBeckley for $2.8 billion upfront and pay up to $1 billion more if certain conditions are met. The deal gives the world's largest pharmac…
Chinese President Xi Jinping on Friday positioned China as a partner in artificial intelligence to the Global South, saying that countries should come together to build AI and help developing countries as well.
Japanese tech stocks tumbled on Friday as a fresh rout in U.S. semiconductor shares spread across Asia, underscoring growing worries about AI spending.
Lean hog futures posted 20 to 60 cent gains in most contracts, with August down a nickel. USDA’s national base hog price was reported at $100.26 on Thursday afternoon, down 40 cents from the day prior. The CME Lean Hog …
The wheat complex slipped back on Thursday, with contracts marginally lower. Chicago SRW contracts saw nearby losses of 1 to 3 cents on the day. KC HRW futures posted front month losses of 2 to 3 ½ cents on the day. MPL…
At midday on Thursday, cotton futures prices are back down 260 to 396 points from the Wednesday close. Futures closed the Wednesday session with contracts up 24 to 96 points. Crude oil is was up a modest 10 to 15 cents …
As part of a wave of new technologies, Nike announced the Therma-Fit Air Milano Jacket featuring a new version of Nike Air technology, a future-looking Project Amplify design that uses robotics to augment natural lower …
Two years after Elon Musk made Greater Memphis the center of his artificial intelligence ambitions, building data centers and energy infrastructure at breakneck speed, residents are grappling with unwanted effects, incl…
According to Zhitong Finance, Micron Technology (MU.US) experienced a single-day share price plunge of 13% on Tuesday, with its stock trajectory closely watched as the June 26 options chain is pricing in another sharp m…
Thursday’s price action saw cotton futures pull back, closing down 40 to 47 points in the nearbys. Crude oil prices were down 77 cents so far on the day, with the US dollar index up $0.400 to $99.835.
Seven & i Holdings Co. shares gained over 4% Friday after a Nikkei report said the 7-Eleven parent was nearing a deal to buy a stake in Polish convenience giant Zabka Group.
By the time Hsiao took on the project in December 2022, she had spent more than 16 years at the company. She led thousands of employees. Hsiao had seen her share of corporate crises—but nothing like the code red that ha…
Corn rounded out Thursday trade with contracts down 4 to 6 cents across most contracts. The CmdtyView national average Cash Corn price was down 6 3/4 at $4.10 3/4.
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