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…
Summary Stocks did their thing on Thursday — and with one more day in May, equities seemingly have put together yet another impressive month. The S&P 500 is up 5% for the month, the Nasdaq has ripped higher by 8% after April’s 15% surge, and the Nasdaq 100 has popped 10% following last month’s 15.7%…
Republican lawmakers’ brokerage accounts have undergone a significant shift as GOP members of Congress load up on investments into areas touted by President Trump — in particular Intel (INTC) and bitcoin (BTC-USD). Lawmaker trading on both sides of the aisle remains controversial, but a longstanding portfolio divide along party lines is clearly evolving. Democrats’ investments…
Over the last week, quantum computing stories have really started to gain some momentum again across both the news cycle and Wall Street, fueled in part by fresh government investments in the sector. But even with all the excitement, I think most of the attention still flows to whichever company announces the latest qubit milestone…
Trace One has described a three-part framework intended to help brand owners prepare for the EU Packaging and Packaging Waste Regulation (PPWR) and related Extended Producer Responsibility (EPR) requirements before the rules begin to apply on 12 August 2026. Built around the company’s product life cycle management (PLM) system, the framework covers packaging data management,…
TAIPEI, May 29 (Reuters) – Taiwan’s central bank will take “timely” measures to ensure financial stability in the face of uncertainty over U.S. tariffs, weakness in the Chinese economy and geopolitical conflict, it said on Friday. • In its annual financial stability report, the central bank said the uncertainty could adversely affect global economic development…
By Jaspreet Singh and Kanchana Chakravarty May 29 (Reuters) – Dell’s shares surged 30% on Friday, as the PC maker’s blockbuster results showed that its growing focus on AI servers was helping it capitalize on the data center boom, making the company one of the biggest beneficiaries of the new technology. The company, whose AI…
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