News

Microsoft looked at buying Cursor before SpaceX deal, sources say

MSFD

Prior to SpaceX's announcement that it's agreed to a potential purchase of Cursor, Microsoft looked at buying the AI coding startup.

South Korea economic growth roared past estimates in Q1, thanks to chips

South Korea's economy exceeded Q1 expectations, with semiconductor demand offsetting weak public spending.

Meta is tracking employee keystrokes on Google, LinkedIn, Wikipedia as part of AI training initiative

BPOPO

As part of an AI initiative that tracks employee keystrokes and mouse clicks, Meta is monitoring use of popular sites like Google, LinkedIn and Wikipedia.

Step aside Tesla, BYD: Japanese carmakers deepen their hold on India's auto market with hybrids

TSLACO

In the world's third-largest auto market, demand for hybrid cars is racing ahead of EVs, deepening the hold of Japanese carmakers in India.

Cotton Falls Back on Wednesday

Cotton futures were under pressure on Wednesday, with contracts falling back 135 to 225 points across the front months. The US dollar index was 0.209 higher at $98.430. Crude oil was up another $3.20 to $92.87. The Seam showed 905 bales sold on April 21 at an average of 74.69...

Wheat Slips Lower into the Close

The wheat complex was lower across the three markets in the midweek session. Chicago SRW futures closed the Wednesday session with contracts down 2 to 5 ¾ cents. KC HRW futures were down 4 to 5 ¾ on the day. MPLS spring wheat posted losses of ¼ to 2 ¼...

Soybeans Fall Lower on Wednesday with Product Pressure

Soybeans rounded out the Wednesday session with contract slipping into the close, down 4 to 11 ¼ cents on the day. The cmdtyView national average Cash Bean price was down 9 1/2 cents at $11.01 1/4. Soymeal futures were down $2.90 to $4.90 on the day, with Soy Oil futures...

Corn Holds on for Midweek Gains

Corn futures closed the Wednesday session with front months fractionally to 1 ¼ cents higher and some deferreds steady to fractionally lower. May options expire on Friday. The CmdtyView national average Cash Corn price was up 3/4 cents at $4.18 1/4. USDA reported another private sale of 2025/26 corn to...

Asia markets set to edge higher as Iran ceasefire extension lifts mood

Investors found some relief after Trump prolonged a ceasefire with Iran, sending U.S. stocks higher and setting up a positive open across Asia.

Cattle Close with Marginal Weakness on Wednesday

Live cattle futures pulled off the early session lows on Wednesday, still closing with losses of 40 cents to $1.32. Early cash trade this week has come in near $246 across the country on lighter trade. The Wednesday morning Fed Cattle Exchange showed no sales on the 1,226 head offered,...