News

Cattle Look to Friday After Thursday Bounce

$2.20 higher. Open interest was up 1,868 contracts. Cash trade has picked up mostly to $230 across the country. The Thursday Fed Cattle Exchange online auction showed no sales on the 1,530 head, with bids at $230. Feeder cattle futures found some buyers to close with contracts $2.60 to $4.90...

Cotton Fading Back Ahead of the Weekend

Cotton price are down 104 to 141 points on Friday morning. Futures posted strength across most months on Thursday, with contracts 10 to 74 points higher, as October slipped 3 points. Crude oil was up another $5.88 per barrel, with the US dollar index up 0.311. Export Sales data showed...

Soybeans Starting Friday with a Slight Correction

Soybeans are showing fractional to penny losses on Friday morning. Futures saw some late pressure to pull off the intraday highs, as contracts were up 1 ¼ to 5 vents across most nearby contracts, with some deferreds down fractionally to 4 cents. Open interest was up 13,757 contracts on Thursday,...

Hogs Continue to Climb as Traders Look to Round Out the Week

Lean hog futures closed with gains of 30 to 70 cents across most front months, with other contracts down 15 to 12 cents higher. Open interest was up 1,747 contracts on Thursday. USDA’s national base hog price was reported at $102.14 Thursday afternoon, up $1.06 from the day prior. The...

Wheat Falling Back in Early Friday Trade

Wheat is trading with double digit losses on Friday morning. The wheat complex faced some pressure on Thursday after rallying to fresh multi year highs overnight. Chicago SRW contracts were down 8 ½ to 13 cents at the close. Open interest was up 8,051 contracts. KC HRW futures slipped late,...

Corn Slipping Back to Start Friday Trade

Corn price action is showing 4 to 5 cent losses so far on Friday morning, reverting from recent strength to start the last trade day of the week. Futures closed the Thursday session with contracts holding onto 2 to 3 cent gains in the front months and deferred 2027 contracts...

Nvidia, Microsoft, Meta warn against 'premature restrictions' of open-weight models

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Chinese open-weight models are gaining steam against leading offerings from American companies. OpenAI and Anthropic did not sign the letter.

Michael Burry's short bets on Tesla, Caterpillar pay off in big July pullback

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Burry disclosed on June 30 that he had opened short positions in Caterpillar, Nvidia, Applied Materials and Tesla after each scored strong rallies.

Booz Allen Hamilton Q1 Earnings Call Highlights

BAH

The Pentagon's AI Pivot Supercharges Defense StocksBooz Allen Hamilton (NYSE:BAH) reported first-quarter fiscal 2027 revenue of $2.8 billion, down 4.2% from a year earlier, as growth in its national security portfolio was offset by continued weakness in civil work. The government

American Express Q2 Earnings Call Highlights

AXP

Willing and Abel: Berkshire's New CEO Makes Huge Portfolio Changes in Q1American Express (NYSE:AXP) reported second-quarter results that extended its recent growth momentum, with revenue rising 10% and earnings per share reaching $4.53. The company raised its full-year revenue-gr