News

Wheat Slipping Lower on Thursday

The wheat complex is trading with weakness on Thursday. Chicago SRW futures are down 8 to 9 cents at midday. KC HRW futures are showing 5 to 6 ½ cent losses across most contracts on Thursday. MPLS spring wheat is showing fractional gains to losses of 2 cents. Export Sales...

Cattle Falling on Thursday, with Feeders Falling the Limit

Live cattle futures are $3 to $4.90 across most contracts on Thursday. Cash trade has been limited so far this week with a few $260 sales in KS and $265 in the North. The Thursday Fed Cattle Exchange online auction showed no sales on the 652 head offered, with bids...

Cotton Falling at Thursday’s Midday

Cotton futures are trading with contracts down 300 to 366 points on the Thursday session. The US dollar index was $0.306 higher at $99.320. Crude oil is up $1.75 on the day to $100.08. USDA’s Export Sales report from Thursday morning showed 131,792 RB of cotton sold for 2025/26 in...

Hogs Facing Pressure on Thursday

Lean hog futures are down $1.65 to $1.92 across most contracts on Thursday. USDA’s national base hog price was not reported on Thursday morning due to thin trade. The CME Lean Hog Index was up 45 cents on May 19 at $91.00. Export Sales data from USDA showed pork sales...

Will Elon Musk eventually merge SpaceX with Tesla? Speculation is building

TSLA, TSLAN, TSLACL, TSLACO, 1TSLA, 4TSLA, 0R0X, TL0, TL0D, A1CX3T

Analysts speculate that Elon Musk will merge his two companies but traders on prediction markets are not so certain.

Prediction markets are fueling a high-stakes brawl between states and federal regulators

Sixteen states are in legal proceedings against prediction market platforms, while one state has moved to ban them.

Traders think this legacy tech stock is the ultimate quantum play

Options traders stormed into the stock, trading almost 200,000 contracts, on pace for 15 times the daily average of the past 30 days.

Crude Oil Slumps As Markets Turn Optimistic On U.S.-Iran Peace Talks

(RTTNews) - After surging early in the day, crude oil prices have tumbled over the course of the trading session on Thursday. With the downturn, crude oil is extending the losses from the two previous sessions, as investors watch the developments in U.S.-Iran peace talks.

Oura, smart ring maker, confidentially files for IPO

IPO

Oura, the maker of the health and wellness tracking smart ring, has confidentially filed for an IPO with the SEC.

SpaceX, OpenAI valuations would mean they leapfrog Berkshire Hathaway on first day of trading

BRK.A, OPENAI

Traders on prediction market Polymarket think SpaceX, OpenAI and Anthropic on their first day of trading will surpass valuations of at least $1.4 trillion.