News

The Outlook for Abundant Cocoa Supplies Pressures Prices

July ICE NY cocoa (CCN26 ) today is down -35 (-0.90%), and July ICE London cocoa #7 (CAN26 ) is down -48 (-1.62%). Cocoa prices are moving lower today, but remain above Monday's 2-week lows. Since posting 3.75-month highs last Monday, cocoa prices retreated to 2-week lows on Monday amid...

Prospects for a Bumper Brazil Coffee Crop Weigh on Prices

July arabica coffee (KCN26 ) today is down -0.65 (-0.24%), and July ICE robusta coffee (RMN26 ) is down -8 (-0.24%). Coffee prices are under pressure today, with robusta falling to a 1-month low. Expectations of a larger Brazilian coffee crop are weighing on prices. Coffee prices have ratcheted lower...

Cheap AI could derail OpenAI and Anthropic's IPOs

AI, OPENAI

Chinese AI labs are matching American frontier capability at a fraction of the cost.

Are supermarkets profiting from higher food prices?

Food prices in the UK have risen, but are supermarkets profiting from higher food prices? Ben Chu reports.

Zuckerberg says 'success isn't a given' in memo to employees amid Meta layoffs

Meta on Wednesday commenced its latest round of layoffs affecting about 10% of the company's workforce, equating to roughly 8,000 jobs.

Gold Advances Amid Increasing Expectations Of A U.S.-Iran Peace Deal

(RTTNews) - Partially offsetting the losses from yesterday's session, gold prices have edged higher on Wednesday as efforts to secure a U.S.-Iran peace agreement gather pace, sending positive signals of an to end the war and the reopening of the Strait of Hormuz.

Diplomatic Breakthrough? Stocks Surge on Iran Deal Hopes

NVDA, ARM, USO, ALAB

U.S. equities are surging as President Donald Trump suggests that the U.S. and Iran are in the 'final stages' of a deal.

VFC Posts Break-Even Q4 Earnings, Beats Sales Estimates, Reduces Debt

VFC, COLM, CRI, VNCE

V.F. Corp. beats Q4 FY26 estimates as margins widen; The North Face and Timberland gain, while Vans shows early improvement in the Americas.

OpenAI to confidentially file for IPO as soon as Friday: Source

IPO, OPENAI

OpenAI is working with banks including Goldman Sachs and Morgan Stanley.

Crude Oil Prices Tumble on Hopes the Iran War Could Soon End

July WTI crude oil (CLN26 ) today is down -4.43 (-4.25%), and July RBOB gasoline (RBN26 ) is down -0.1264 (-3.54%). Crude oil and gasoline prices are falling sharply today on optimism that diplomacy may finally end the Iran war and reopen the Strait of Hormuz. Crude prices remained sharply...