Image Credits:SpaceX SpaceX is headed toward what’s expected to be the largest IPO ever next month, and now it has received a major boost from the Trump administration. On Friday, the U.S. Space Force announced it’s giving SpaceX $4.16 billion as part of a contract to build satellites that will be part of a missile…
Cotton futures were down 10 to 62 points in the front months, with other contracts up 6 to 26 points. July was down 127 points this week, with December up 26 points. The US dollar index was $0.044 lower at $98.925. Crude Oil was a pressure factor, down $1.14/bbl, money was flowing out ahead of…
Corn futures posted 2 to 9 cent losses across the board on Friday with money coming out at month-end. July fell 16 ½ cents this week. Crude Oil was a pressure factor, down $1.14/bbl, money was flowing out ahead of the weekend, with the President looking over the proposed agreement between the US and Iran….
Soybeans saw fractional losses in some deferreds, with nearbys down 7 ¾ cents on Friday. July was down 9 ¾ cents this week. The cmdtyView national average Cash Bean price was down 9 1/4 cents at $11.25 3/4. Soymeal futures were down $2.20 to $4.30, with July down $2.10 on the week. Soy Oil futures 49 to 102…
The wheat complex fell double digits across most contracts on Friday. Crude Oil was a pressure factor, down $1.14/bbl, money was flowing out ahead of the weekend, with the President looking over the proposed agreement between the US and Iran. Chicago SRW futures were down 10 to 13 cents in most contracts, with July down…
The AI boom is starting to reward proof over promise. The stocks getting paid now are not just the companies talking about artificial intelligence. They are the ones showing where AI is turning into actual business: servers being ordered, data platforms being used, and power storage being contracted. That is why Dell Technologies (DELL), Snowflake…
By Stephen Culp NEW YORK, May 29 (Reuters) – U.S. stocks followed world shares higher and crude prices retreated on Friday as investors neared the end of a holiday-shortened week with renewed hopes of progress toward a peaceful resolution to the Iran war. A narrow, tech-led rally lifted all three major U.S. stock indexes to…
By Saeed Azhar, Twesha Dikshit and Utkarsh Shetti NEW YORK, May 29 (Reuters) – Wall Street’s main indexes hit record closing highs on Friday and posted weekly and monthly gains as Dell results drove tech shares higher, while investors awaited details on a potential U.S.-Iran deal. President Donald Trump said in a social media post…
Every senior gold miner you own is a cash machine right now. I’m not referring to an old prospector with a pickaxe and a long, white beard. I mean large, established companies that operate multiple gold mines in a variety of locations. And with gold futures reaching above $4,600 this morning, the question is… which…
The line between Wall Street and crypto is dissolving. Every major US distribution player has moved into regulated stablecoin issuance in four months, collapsing Circle’s moat and sending down 30%. Meanwhile tokenized US stocks just hit a $3.57B daily volume ATH. As TradFi moves onto crypto rails and crypto trades stocks 24/7, the trades that…
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