News

Cattle Look to Wednesday Trade After Tuesday Gains

Live cattle futures posted gains of a dime to $1.20 across the board on Tuesday. Open interest was down 1,395 contracts. Cash trade has been limited so far this week after $260-265 sales last week. Feeder cattle futures were in rally mode on Tuesday, up $4.35 to $4.80 at the...

Wheat Slipping Back on Wednesday Morning

Wheat is trading with early weakness in most contracts on Wednesday morning. The wheat market was mixed at the Tuesday close, with Chicago contracts up and spring wheat lower. Chicago SRW futures were 2 ¼ to 3 ¾ cents higher at the close. Open interest suggested modest new buying, up...

Soybeans Facing Early Midweek Weakness

Soybeans are down 6 to 6 3/4 cents so far on Wednesday AM trade. Futures slipped into the close, with contracts down 1 ¼ to 3 ¾ cents in the front months and up 1 to 2 cents across the rest of the board. Open interest was up 16,222 contracts...

A 15.3% Yield, 2 Dividend Cuts and a $600 Million Reason to Buy

FSK

Two dividend cuts in the last two quarters, and we are buying.

Jeff Bezos brushes off concerns of an AI bubble: 'You shouldn't worry about it'

Amazon founder Jeff Bezos shrugged off concerns of a looming AI bubble, saying the massive investments will ultimately drive the technology forward over time.

Jeff Bezos says bottom half of earners should pay zero in income taxes

AMZN, AMZNN, AMZNCL, AMZD, AMZ, 1AMZN, 0R1O, 4AMZN, 0R1OL

Amazon executive chairman Jeff Bezos on Wednesday called for zero federal income taxes on the bottom half of earners.

Jeff Bezos says 2-3 year timeline for space data centers is a 'little ambitious'

Space companies are racing to make data centers in space a reality, as artificial intelligence skyrockets demand for energy and land resources.

Fading the tech boom, hedge funds just dumped stocks in record numbers

NVDA, NVDAN, NVDACL, NVD, NVDD, 1NVDA, 4NVDA, 0R1I, 918422, NVDAUS

Hedge funds are not waiting around for Nvidia's results Wednesday night.

Applied Materials Highlights AI-Driven Chip Demand, 30% Systems Growth at JPMorgan Event

AMAT

Memory Wipe: The Great TurboQuant Miscalculation Applied Materials (NASDAQ:AMAT) executives highlighted continued momentum tied to artificial intelligence-related semiconductor demand, with strength concentrated in advanced logic, DRAM and advanced packaging, during a presenta

Fanatics to launch first credit card as part of broader deal with American Express

AXP, AXPN, AXPCL, AXP.USD

Fanatics is planning to put a credit card in the wallets of sports fans, allowing them to earn rewards to get team merch, trading cards and collectibles.