News

Stripe, Advent offer to buy PayPal for more than $53 billion: Reuters

STRIPE

Stripe and Advent International have made a joint offer to acquire PayPal Holdings Inc for $60.50 per share, in a deal that would value the payments company at more than $53 billion.

Oil rises as U.S. continues to strike Tehran, reinstates blockade of Iranian ports

STKCF

Oil prices rose Wednesday after U.S. forces struck Tehran and Washington reinstated its naval blockade of Iranian ports near the Strait of Hormuz.

China economic growth falls sharply, missing target

Weak demand domestically and the impact of the Iran war on oil prices overshadowed the country's strong exports.

China posts slowest GDP growth since 2022 at 4.3%, missing expectations

That second-quarter growth came below Beijing's full-year growth target range of 4.5% to 5%, the least ambitious goal in decades.

CNBC Daily Open: Trump walks back on Hormuz tolls in TACO Tuesday

U.S. President Donald Trump has reversed his announcement on imposing fees on ships transiting the Strait of Hormuz

SK Hynix South Korean shares jump 11% as Asia tech stocks rally

SK Hynix led a broad rally in Asian technology shares on Wednesday, tracking a rebound in U.S. semiconductor shares after a sharp selloff earlier this week.

Xbox workers stunned after jobs 'bloodbath'

MSFT, MSFTN, MSFTCL, MSFTCO, MSFD, MSFTUS

The video game giant owned by Microsoft plans to let 3,200 workers go. Will it be a big reset or a system crash?

3 Portfolio-Worthy Stocks to Consider as Q2 Earnings Approach: GE, TSM, UNH

GE, UNH, TSM, BA, AAPL, AMD, NVDA, AVGO

Three stocks that stand out ahead of their upcoming Q2 reports on Thursday, July 16 are GE Aerospace (GE), Taiwan Semiconductor (TSM), and UnitedHealth Group (UNH).

Soybeans Slip Lower on Tuesday

Soybeans closed Tuesday with contracts 1 to 4 cents lower, as July expired with a 5 ¼ cent gains at $12.07 ¼. The cmdtyView national average Cash Bean price was down 3 3/4 cents $11.46. Soymeal futures saw late strength to close up 20 cents to $2.80, with Soy Oil...

Cattle Fall on Tuesday as Beef Slide Continues

Live cattle futures faced continued weakness on Tuesday, with contracts down $1.60 to $3.30 at the close. Cash trade has yet to get kicked off this week, with a few northern bids of $380 dressed vs. sales of 390-393 last week. Live action last week was $247-248 across the country....