News

Intuit plans to cut workforce by about 17% as tax software maker reckons with slowing growth

INTU, INTUN, 1INTU, 0JCT, 4INTU, ITU, ITUD, 886053

Intuit's stock has been hammered this year as investors worry that generative artificial intelligence models could threaten software companies.

SJB Makes Notable Cross Below Critical Moving Average

SJB

In trading on Wednesday, shares of the ProShares Short High Yield ETF (Symbol: SJB) crossed below their 200 day moving average of $15.42, changing hands as low as $15.37 per share. ProShares Short High Yield shares are currently trading off about 0.6% on the day. The chart bel

E.l.f. Beauty to walk back some tariff price increases amid high gas prices and consumer 'suffering'

E.l.f. Beauty raised prices by $1 last August to offset the impact of tariffs. It's now planning to walk back some of that back amid a consumer pullback.

Coffee Prices Fall on Improved Brazil Coffee Crop Prospects

July arabica coffee (KCN26 ) on Wednesday closed down -1.85 (-0.68%), and July ICE robusta coffee (RMN26 ) closed down -17 (-0.51%). Coffee prices settled lower on Wednesday, with robusta falling to a 1-month low. Expectations of a larger Brazilian coffee crop are weighing on prices. Coffee prices have ratcheted...

Pre-Market Earnings Report for May 21, 2026 : WMT, NTES, WSM, RL, WMS, NIO, VIPS, YMM, HLNE, AAP, LSPD, ESEA

WMT, NTES, WSM, RL, WMS, NIO, VIPS, YMM, HLNE, AAP, LSPD, ESE

The following companies are expected to report earnings prior to market open on 05/21/2026. Visit our Earnings Calendar for a full list of expected earnings releases.Walmart Inc. (WMT)is reporting for the quarter ending April 30, 2026. The supermarket company's consensus earning

DOJ charges ex-prosecutor with stealing Trump documents case report prepared by Jack Smith

Carmen Mercedes Lineberger allegedy emailed herself a copy of Volume II of special counsel Jack Smith's report on Trump's criminal case.

UK agrees £3.7bn trade deal with six Gulf states

The deal will remove an estimated £580m worth of tariffs from British exports, but rights groups are critical

Corn Facing Crude Oil Pressure on Wednesday

Corn futures are trading with 10 to 11 cent losses in the front months on Wednesday. The CmdtyView national average Cash Corn price is down 10 3/4 cents to $4.24 1/4. Crude oil losses of $6.27 is adding pressure as US and Iran negotiations are reportedly in the final stages....

OpenAI takes the lead in AI IPO horse race: 'Getting to public markets first is very important'

AI, IPO, OPENAI

It comes after reports that the AI giant and ChatGPT owner is set to file confidentially for an IPO as soon as this week.

Cotton Back to Mixed Trade at Wednesday’s Midday

Cotton futures are trading with contracts down 53 points to 3 points higher in the front months. The US dollar index is $0.211 higher at $99.055. Crude oil losses of $6.27 is adding pressure as US and Iran negotiations are reportedly in the final stages. The Cotlook A Index was...