The wheat complex is trading with contracts double digits higher across the three exchanges. Chicago SRW futures are 20 to 23 cents higher so far on Tuesday. KC HRW futures are up 20 to 25 ½ cents in the nearbys. MPLS spring wheat is showing 13 to 15 cent gains...
The wheat complex is trading with contracts double digits higher across the three exchanges. Chicago SRW futures are 20 to 23 cents higher so far on Tuesday. KC HRW futures are up 20 to 25 ½ cents in the nearbys. MPLS spring wheat is showing 13 to 15 cent gains...
Lean hog futures are mixed at midday, with contracts up a dime to 40 cents lower. USDA’s national base hog price was reported at $92.25 on Tuesday morning, up $1.93 from the day prior. The CME Lean Hog Index was back down 18 cents on April 24 at $91.26. USDA’s...
Lean hog futures are mixed at midday, with contracts up a dime to 40 cents lower. USDA’s national base hog price was reported at $92.25 on Tuesday morning, up $1.93 from the day prior. The CME Lean Hog Index was back down 18 cents on April 24 at $91.26. USDA’s...
Corn futures are trading with 2 to 5 cent gains in most front months on Tuesday, as spillover support from the wheat market is supportive. The CmdtyView national average Cash Corn price is up 2 3/4 cents at $4.28 1/4. NASS Crop Progress data showed the US corn crop at...
Corn futures are trading with 2 to 5 cent gains in most front months on Tuesday, as spillover support from the wheat market is supportive. The CmdtyView national average Cash Corn price is up 2 3/4 cents at $4.28 1/4. NASS Crop Progress data showed the US corn crop at...
Live cattle futures are trading with $2.32 to $4.20 gains in most contracts on Tuesday. Cash trade last week was centered around $246 across the country, with a few late sales of $248. Feeder cattle futures are up $1.30 to $4.20 in the front months on Tuesday. The CME Feeder...
Live cattle futures are trading with $2.32 to $4.20 gains in most contracts on Tuesday. Cash trade last week was centered around $246 across the country, with a few late sales of $248. Feeder cattle futures are up $1.30 to $4.20 in the front months on Tuesday. The CME Feeder...
Cotton futures are showing 10 to 20 point losses in the front months on Tuesday, with in delivery May, up 33 points. The US dollar index is back up $0.162 at $98.480. Crude oil is extending the gains, up $2.95 to $99.32. NASS Crop Progress data showed 16% of the...
Cotton futures are showing 10 to 20 point losses in the front months on Tuesday, with in delivery May, up 33 points. The US dollar index is back up $0.162 at $98.480. Crude oil is extending the gains, up $2.95 to $99.32. NASS Crop Progress data showed 16% of the...
Soybeans are slipping lower on Turnaround Tuesday, with contracts down 2 to 6 ½ cents. The cmdtyView national average Cash Bean price is down 5 3/4 cents at $11.10 1/2. Soymeal futures are down $2 to $2.50 across the front months, with Soy Oil futures up 55 to 65 points...
Soybeans are slipping lower on Turnaround Tuesday, with contracts down 2 to 6 ½ cents. The cmdtyView national average Cash Bean price is down 5 3/4 cents at $11.10 1/2. Soymeal futures are down $2 to $2.50 across the front months, with Soy Oil futures up 55 to 65 points...
gerenme/iStock via Getty Images Ametek ( AME ) is in exclusive discussions to buy part of an industrials company that's owned by private-equity firm Clayton Dubilier & Rice. Shares of Ametek fell 1.6%. The deal for Indicor's testing and measurement businesses would value them at about $5 billion, according to a WSJ report on Tuesday, which cited people familiar with the matter. A deal may happen i...
gerenme/iStock via Getty Images Ametek ( AME ) is in exclusive discussions to buy part of an industrials company that's owned by private-equity firm Clayton Dubilier & Rice. Shares of Ametek fell 1.6%. The deal for Indicor's testing and measurement businesses would value them at about $5 billion, according to a WSJ report on Tuesday, which cited people familiar with the matter. A deal may happen in the coming weeks, though it's still possible talks fail. Indicor may separately sell its flow control and water solutions businesses, according to the report. Ametek, which has a market cap of $53 billion, is expected to report Q1 results on Thursday. More on Ametek Ametek: A Very Well-Run Business Is Valued Accordingly AMETEK: Perilously Close To A Downgrade As Valuation Outweighs Fantastic Growth AMETEK, Inc. (AME) Q4 2025 Earnings Call Transcript Top 10 large-cap stocks with highest dividend safety grade Ametek beats top-line and bottom-line estimates; initiates Q1 and FY26 outlook
RHJ/iStock via Getty Images Tronox ( TROX ) down 3.3% in Tuesday's trading as Truist downgraded the manufacturer of TiO2 pigment to Sell from Hold with an $8 price target, down from $9, saying it believes the near-term earnings outlook remains challenged with net leverage likely to peak at ~12x this year. Truist's Peter Osterland said he expects Tronox's ( TROX ) Q1 results will come in roughly in...
RHJ/iStock via Getty Images Tronox ( TROX ) down 3.3% in Tuesday's trading as Truist downgraded the manufacturer of TiO2 pigment to Sell from Hold with an $8 price target, down from $9, saying it believes the near-term earnings outlook remains challenged with net leverage likely to peak at ~12x this year. Truist's Peter Osterland said he expects Tronox's ( TROX ) Q1 results will come in roughly in line with consensus, but he sees risk that the company's guidance will call for a slower degree of sequential earnings improvement this year than modeled by Wall Street; the analyst's Q2 EBITDA estimate is $73M, which would be down 22% Y/Y and 17% below consensus, and he believes a large miss for Q2 guidance could "level-set expectations and drive a reversal for some of the recent share price momentum." Osterland also estimated that lower Y/Y earnings generation could drive Tronox's ( TROX ) net leverage as high as ~12x by mid-year; while the nearest debt maturity is not until 2029, he does not think the company's debt load will make it increasingly vulnerable to the potential for the timing and magnitude of global demand recovery in its key end markets to be pushed further to the right. The analyst continues to see potential for Tronox ( TROX ) to leverage the value of rare earth elements produced through the company's mineral sands operations as a long-term earnings catalyst, but he said the benefits likely are already priced in. More on Tronox Tronox: Poised To Benefit Greatly From Anti-Dumping Efforts Tronox: Worrying Dependence On Anti-Dumping In End Markets Tronox Q4 2025 Earnings Call Presentation
JHVEPhoto/iStock Editorial via Getty Images Cadence Design Systems Overview In late October last year, I initiated coverage on Cadence Design Systems, Inc. ( CDNS ) with a Buy rating. In that analysis, I found signs of robust demand and strong AI tailwinds. While the valuation wasn't cheap, I was bullish as the company played and continues to play a vital role in this technological era. Just earli...
JHVEPhoto/iStock Editorial via Getty Images Cadence Design Systems Overview In late October last year, I initiated coverage on Cadence Design Systems, Inc. ( CDNS ) with a Buy rating. In that analysis, I found signs of robust demand and strong AI tailwinds. While the valuation wasn't cheap, I was bullish as the company played and continues to play a vital role in this technological era. Just earlier this month, the company announced deals with Google Cloud ( GOOGL ) and Nvidia ( NVDA ). As you can see in the chart below, the stock saw a period of weakness after my article was published, but recently there has been a rather sharp rebound. Cadence reported their earnings just yesterday (April 27th) after market close, and so today I have decided to provide an update to see if the investment thesis has changed. Seeking Alpha Below, it is shown that demand for Cadence's solutions continues to strengthen. Revenue growth is accelerating, and the backlog has hit a new record. While the fundamentals aren't perfect and the Hexagon deal may cause near-term profitability softness, the long-term outlook seems as strong as ever. With the company being the foundation for the AI revolution, I view the premium valuation as justified and the pullback in the forward P/E since late October as an opportunity to buy. Therefore, I've decided to reiterate my bullish view on Cadence stock. Demand Remains Robust Seeking Alpha Let's start today with a look at their business activity and demand metrics. Firstly, for the top line, Cadence reported revenues worth $1.474 billion. This represents a YoY growth rate of 19%, which is very respectable and is a considerable acceleration from the previous quarter's 6% increase in revenues. This shows strengthening business activity overall, and they also beat analyst expectations by over $18 million to show outperformance. In their Q1, revenue mix by product category remained unchanged from the year-ago quarter as Core EDA continues to be the flagship ...
abadonian/iStock via Getty Images By Anton Kharitonov Henry Hub is currently trading in a weak and relatively narrow range, with the front-month (May 2026, NGK26) holding around $2.50-2.57/MMBtu, with about $2.55 as the nearest short-term reference level. Over the past month the contract has lost roughly 15-20% from its March highs, highlighting pressure from inventories and mild spring weather r...
abadonian/iStock via Getty Images By Anton Kharitonov Henry Hub is currently trading in a weak and relatively narrow range, with the front-month (May 2026, NGK26) holding around $2.50-2.57/MMBtu, with about $2.55 as the nearest short-term reference level. Over the past month the contract has lost roughly 15-20% from its March highs, highlighting pressure from inventories and mild spring weather rather than a clean, sustained downtrend. The main bearish driver for the front-month is the storage structure: the latest weekly EIA injection of about 103 Bcf and total underground stocks around 2,063 Tcf keep the market in a structurally oversupplied state. This reinforces the seasonal negative bias, turns each EIA report into a trigger for front-month selling, and effectively locks in the “oversupplied spring” phase. Weather remains the key short-term factor: a mild spring with moderate temperatures is limiting both heating and cooling demand, leaving the front-month in a range-bound regime within roughly $2.36-2.70 and highly sensitive to weather revisions and short-term headlines. At the same time, the medium-term fundamentals look more balanced. Growing LNG exports to around 17 Bcf/d in 2026, along with further infrastructure expansion, are turning the U.S. into a net gas exporter, pulling volumes out of the domestic market and supporting higher prices further out the curve. Declining production and a concentrated stack of short positions add the risk of a short-covering rally, particularly if the weather deteriorates sharply or a geopolitical trigger appears. Localized spot weakness, including negative prices in certain regions such as Texas, underscores structural overproduction and infrastructure constraints, but it does not alter the broader fundamental picture already baked into the futures curve. Traders are increasingly favoring calendar spread strategies (long further-out months vs. short front-month) and positioning for short squeezes in the context of weak w...
Joby Aviation offers investors a way to gain exposure to the emerging electric vertical takeoff and landing (eVTOL) industry, Josh Brown, co-founder and CEO of Ritholtz Management, told CNBC on Tuesday. "Joby is my favorite out of the whole group, of all the companies working on eVTOLs," Brown said on CNBC's " Halftime Report ." "We now have a very catalyst-rich second half ahead of us." Brown's e...
Joby Aviation offers investors a way to gain exposure to the emerging electric vertical takeoff and landing (eVTOL) industry, Josh Brown, co-founder and CEO of Ritholtz Management, told CNBC on Tuesday. "Joby is my favorite out of the whole group, of all the companies working on eVTOLs," Brown said on CNBC's " Halftime Report ." "We now have a very catalyst-rich second half ahead of us." Brown's endorsement come as the Trump administration prepares to implement an eVTOL Integration Pilot Program (eIPP) next month. The initiative aims to accelerate the deployment of next-generation air vehicles such as eVTOLs in the U.S. — an outcome that could boost shares of Joby and competitors such as Archer Aviation , according to Brown. Under the program, private companies will work with state and local governments to develop regulatory frameworks for the emerging aviation technology. EVTOLs are electric-powered aircraft that land and take off vertically and would navigate dense, urban spaces more quietly and with less pollution than helicopters. First developed in the early 2000s, eVTOLs have still not achieved wide adoption in the U.S. for commercial purposes. But Joby made its first test flight from New York City earlier this week. Investing in the nascent sector through Joby could prove a smart play for those willing to wait to see potentially big returns, according to Brown "This has been a tough sector because it's so early," Brown said, calling Joby a long-shot investment. Joby shares have plunged 42% in the past six months, but more recently are 12% higher in the past month.
J Studios/DigitalVision via Getty Images Investors might be considering Rubrik ( RBRK ) as a potential investment in the beaten-down software sector. The cybersecurity company continues to post strong growth and looks fairly insulated from AI disruption fears. Even after the selloff, however, I believe that investors may be underestimating the decelerating growth ahead and how the lackluster profi...
J Studios/DigitalVision via Getty Images Investors might be considering Rubrik ( RBRK ) as a potential investment in the beaten-down software sector. The cybersecurity company continues to post strong growth and looks fairly insulated from AI disruption fears. Even after the selloff, however, I believe that investors may be underestimating the decelerating growth ahead and how the lackluster profit margins might lead to significant multiple compression. I am upgrading the stock to a "N eutral" rating, as I expect that the stock still needs some time to grow into its valuation. RBRK Stock Price I last covered RBRK in January , where I rated the stock a "S ell" due to both my expectation for decelerating growth rates as well as the stock’s then-exorbitant valuation relative to peers. The stock has fallen around 30% since. Data by YCharts While RBRK still trades at a sizable premium to many software peers, the valuation is looking far more reasonable in its own right, warranting a shift in my bearishness. RBRK Stock Key Metrics RBRK is a cybersecurity company, which I view to be mission-critical from the perspective of its customers, as its cyber resilience products ensure that customers are prepared in terms of system reliability and recovery for cyber attacks. FY26 Q4 Presentation RBRK has seen significant volatility as of late, as investors may be concerned that the disruption fears facing software stocks may also eventually impact cybersecurity names. That said, the cybersecurity sector (including RBRK) continues to sustain a pronounced premium relative to other software sub-sectors, and RBRK’s latest quarter provided the numbers to justify it (at least directionally). The company generated total revenue of $377.7 million, representing 46% YoY growth and crushing guidance for $343 million. The company has grown rapidly since coming public just a couple of years ago. FY26 Q4 Presentation I have cautioned in prior reports that RBRK is set to run up against tough comp...