Live cattle futures are back to higher trade, up $2.05 to $2.50 at midday. Cash trade has yet to get kicked off this week following the $256-258 reported last week. Feeder cattle futures are trading with $2.10 to $2.60 in the front months. The CME Feeder Cattle Index was up...
Live cattle futures are back to higher trade, up $2.05 to $2.50 at midday. Cash trade has yet to get kicked off this week following the $256-258 reported last week. Feeder cattle futures are trading with $2.10 to $2.60 in the front months. The CME Feeder Cattle Index was up...
The wheat complex is showing higher trade across most contracts on Wednesday. Chicago SRW is trading with 4 to 5 cent gains at midday. KC HRW futures are up 1/2 to 1 ½ cents in the front months. MPLS spring wheat are fractionally to 1 ½ cents higher. Harvest may...
The wheat complex is showing higher trade across most contracts on Wednesday. Chicago SRW is trading with 4 to 5 cent gains at midday. KC HRW futures are up 1/2 to 1 ½ cents in the front months. MPLS spring wheat are fractionally to 1 ½ cents higher. Harvest may...
Cotton futures are trading with 2 to 19 point losses across most contracts on Wednesday. Crude oil is up $2.76 to $90.96/barrel. The US dollar index is down $0.009 at $99.880. The Cotlook A Index was back up 40 points on 6/9 at 85.90 cents. ICE certified cotton stocks were...
Cotton futures are trading with 2 to 19 point losses across most contracts on Wednesday. Crude oil is up $2.76 to $90.96/barrel. The US dollar index is down $0.009 at $99.880. The Cotlook A Index was back up 40 points on 6/9 at 85.90 cents. ICE certified cotton stocks were...
Lean hog futures are trading with mostly higher trade on Wednesday, with most contracts up $1 to $1.15. as June is down 37 cents. USDA’s national base hog price was reported at $97.35 on Wednesday morning, up 18 cents from the day prior. The CME Lean Hog Index was up...
Lean hog futures are trading with mostly higher trade on Wednesday, with most contracts up $1 to $1.15. as June is down 37 cents. USDA’s national base hog price was reported at $97.35 on Wednesday morning, up 18 cents from the day prior. The CME Lean Hog Index was up...
Corn futures are trading with contracts steady to 2 cents higher as July is down ¼ cent. The CmdtyView national average Cash Corn price is steady at $3.86 1/4. EIA’s weekly update showed a total of 1.108 million barrels per day of ethanol production in the week of June 5,...
Corn futures are trading with contracts steady to 2 cents higher as July is down ¼ cent. The CmdtyView national average Cash Corn price is steady at $3.86 1/4. EIA’s weekly update showed a total of 1.108 million barrels per day of ethanol production in the week of June 5,...
The Defiance Large Cap ex-Mag 7 ETF (NASDAQ:XMAG) and the Roundhill Magnificent Seven ETF (NASDAQ:MAGS) are photographic negatives of one another. MAGS holds only the seven mega-caps driving the AI cycle, while XMAG holds the S&P 500 with those same seven names surgically removed. Owning one is the inverse of owning the other, and 2026 ... XMAG vs. MAGS: Betting Against or All-In on the Magnificen...
The Defiance Large Cap ex-Mag 7 ETF (NASDAQ:XMAG) and the Roundhill Magnificent Seven ETF (NASDAQ:MAGS) are photographic negatives of one another. MAGS holds only the seven mega-caps driving the AI cycle, while XMAG holds the S&P 500 with those same seven names surgically removed. Owning one is the inverse of owning the other, and 2026 ... XMAG vs. MAGS: Betting Against or All-In on the Magnificent 7?
Days after President Trump said he would look into the issue of artificial intelligence companies giving a stake to the U.S. government, Trump said he expects the companies will agree to the request and it will be “very popular.” “I'm going to have meetings with the top 12 or 15 executives very shortly, and we're talking about giving back something to the public, and if we do that, the public w...
Days after President Trump said he would look into the issue of artificial intelligence companies giving a stake to the U.S. government, Trump said he expects the companies will agree to the request and it will be “very popular.” “I'm going to have meetings with the top 12 or 15 executives very shortly, and we're talking about giving back something to the public, and if we do that, the public will become very rich,” Trump told reporters at the White House on Wednesday. “I think they'll do that, and I think it'll make it very popular.” Trump's comments on Wednesday were first reported by Reuters . Trump did not specify which companies or executives he would be meeting with. However, OpenAI ( OPENAI ) CEO Sam Altman has discussed a proposal with the Trump administration for AI companies to voluntarily cede equity stakes to the U.S. government. The proceeds would then go to funding public benefits such as dividend payments to American households. OpenAI and competitor Anthropic ( ANTHRO ) both recently said they had filed for initial public offerings. The offerings could value both firms at $1T or more apiece. SpaceX ( SPCX ), which has an AI business of its own, is set to go public this week at a valuation of approximately $1.75T. Meta ( META ) executive Joel Kaplan, who is the company's chief global affairs officer told Politico the idea has not really been discussed. “Honestly, it’s just not something that I’ve spent — we’ve spent a ton of time on,” Kaplan said. Kaplan was appointed to the role in January 2025. Before that, Kaplan spent time clerking for prominent conservative judges, such as Antonin Scalia and spent time in the George W. Bush Administration in various roles. The president's comments come after a poll conducted by Reuters and Ipsos found more than half of Americans believe AI might cause someone in their household to lose their job. The poll surveyed 4,531 adults across the U.S. It demonstrated that Democrats were more concerned, as 61% were wor...
Alastair Campbell, co-host The Rest Is Politics, and Sir Jacob Rees-Mogg, presenter for GB News, talk about how they think the UK and EU will get along in the year 2036. They speak to Mishal Husain at a Bloomberg.com subscriber-only event held in London on June 10. (Source: Bloomberg)
Alastair Campbell, co-host The Rest Is Politics, and Sir Jacob Rees-Mogg, presenter for GB News, talk about how they think the UK and EU will get along in the year 2036. They speak to Mishal Husain at a Bloomberg.com subscriber-only event held in London on June 10. (Source: Bloomberg)
全球领先的IT基础设施服务提供商Kyndryl Holdings（NYSE： KD）近日宣布推出“Kyndryl AI Orchestration for Business”新能力，旨在帮助零售、消费品、旅游和运输等行业的企业将人工智能从孤立的试验项目扩展至覆盖整个企业的实际运营中。 当前，许多企业在AI应用方面面临普遍困境。据相关研究显示，63%的企业表示大多数AI项目在概念验证阶段就停滞不前，...
全球领先的IT基础设施服务提供商Kyndryl Holdings（NYSE： KD）近日宣布推出“Kyndryl AI Orchestration for Business”新能力，旨在帮助零售、消费品、旅游和运输等行业的企业将人工智能从孤立的试验项目扩展至覆盖整个企业的实际运营中。 当前，许多企业在AI应用方面面临普遍困境。据相关研究显示，63%的企业表示大多数AI项目在概念验证阶段就停滞不前，68%的企业拥有的试验项目数量超过了其规模化扩展的能力。Kyndryl全球零售、消费品及旅游运输行业副总裁Rachel Calhoun指出：“企业正在快速接纳AI，但大多数都卡在无法改变或改进日常运营的孤立试验中。我们希望帮助企业理清AI的复杂性，在保持人为监督和明确规则的前提下，协调AI代理在不同业务部门间的行动。” 据介绍，这项新能力能够自主地与供应链、商务、财务、IT和客户服务等领域的AI代理进行交互，实现跨职能的协调与受控执行。其核心应用场景包括“代理式商务”，即连接供应链、定价、促销和客户参与，帮助企业预测需求变化并管理中断风险。同时，该能力还能提供基于角色的运营编排，确保将警报、建议和行动指令推送给合适的人员，例如需求规划师或供应链负责人。 Kyndryl强调，该方案是云和大语言模型无关的，可以集成到企业现有平台中，并根据自身节奏进行现代化改造。Kyndryl Consult的专家将协助客户进行设计、部署和运营，利用公司在混合云、本地及边缘环境方面的深厚经验，帮助企业从传统的技术环境中解锁数据，实现流程转型。 责任编辑：张俊 SF065
Nike is on the clock — its turnaround efforts are taking too long. Our patience is wearing thin. The stock has been a "remarkable loser," Jim Cramer said Wednesday on CNBC. In a second day of broader market selling, Nike was giving back nearly half its 3.3% gains in the prior session. Shares are down more than 30% year to date versus the S & P 500 's 6.5% advance. Jim agrees with how RBC Capital M...
Nike is on the clock — its turnaround efforts are taking too long. Our patience is wearing thin. The stock has been a "remarkable loser," Jim Cramer said Wednesday on CNBC. In a second day of broader market selling, Nike was giving back nearly half its 3.3% gains in the prior session. Shares are down more than 30% year to date versus the S & P 500 's 6.5% advance. Jim agrees with how RBC Capital Markets described the situation. "Nike turnaround under Elliott Hill is making progress, but slower and narrower than we were anticipating," analysts wrote in a Wednesday note, pointing to a roughly 50% drop in the stock since Hill took over in October 2024. They downgraded Nike to a hold-equivalent rating from a buy and reduced their price target to $50 per share from $70. RBC said Nike still needs to speed up its inventory cleanup, regain share in key categories like running and women's apparel, and reignite growth in its direct to consumer business. Nike can't catch a break despite a slew of recent insider buying from both Hill and outgoing Apple CEO Tim Cook, who is a Nike board of member. Normally, the market greets insider buying more positively. In the last three months, the stock dropped more than 20%. That steep decline is weighing on the Club, which has unrealized losses of about 36% on the position, which was started last September at a price of roughly $69 per share. NKE YTD mountain Nike YTD Even the men's soccer World Cup and the opportunities that it brings may not be enough to jump-start Nike's recovery. "The balance of 2026 is likely to remain a no revenue growth setup, with catalysts such as the World Cup and pockets of product newness not sufficient to offset clean up actions elsewhere in the business," analysts wrote. When Hill came out of retirement to become CEO, he launched his "Win Now" strategy to restore Nike's stronghold. Hill's plan brought forth sports-themed stores, senior leadership changes, and the rebuilding of wholesale relationships that we...
Super Micro Computer (NASDAQ: SMCI) and Dell Technologies (NYSE: DELL) just reported quarters that tell opposite stories about the AI server boom. Dell crushed expectations with $43.84 billion in Q1 FY27 revenue and raised its full-year outlook sharply. Supermicro grew fast but missed consensus expectations while a board review hangs overhead. Two AI server leaders, ... Super Micro Computer vs Del...
Super Micro Computer (NASDAQ: SMCI) and Dell Technologies (NYSE: DELL) just reported quarters that tell opposite stories about the AI server boom. Dell crushed expectations with $43.84 billion in Q1 FY27 revenue and raised its full-year outlook sharply. Supermicro grew fast but missed consensus expectations while a board review hangs overhead. Two AI server leaders, ... Super Micro Computer vs Dell Technologies: The Better Stock For 2026
Sven Piper/iStock Editorial via Getty Images With SpaceX ( SPCX ) expected to make its market debut this week, some investment professionals have been questioning whether the company's governance structure will give founder Elon Musk too much control post-IPO. According to recent SEC filings , SpaceX's ( SPCX ) structure will allow Musk to control roughly 80% of the shareholder voting rights, in a...
Sven Piper/iStock Editorial via Getty Images With SpaceX ( SPCX ) expected to make its market debut this week, some investment professionals have been questioning whether the company's governance structure will give founder Elon Musk too much control post-IPO. According to recent SEC filings , SpaceX's ( SPCX ) structure will allow Musk to control roughly 80% of the shareholder voting rights, in addition to his roles as CEO, chief technical officer, and chairman of the board. We asked Seeking Alpha analysts Gary Gambino and Eudaemon Research if they thought SpaceX's ( SPCX ) governance structure gave Musk too much control. Gary Gambino : Elon Musk is a visionary founder. He needs the “space” to pursue visionary projects without the board second-guessing him based on next quarter’s numbers. That does create additional risk that investors should factor into their trading decisions, but with Elon, if you buy the ticket, you take the ride. Eudaemon Research : Yes, but with an important caveat. Musk has 85.1% voting control. If he didn’t have that control, SpaceX ( SPCX ) might not have taken the kind of engineering and capex risks that made it what it is today. The reusable rockets, Starlink ( STRLK ), and the broad xAI ( X.AI ) ambitions are part of what you buy when you buy SpaceX, but you are also buying into Elon Musk’s aura. The problem, however, is valuation. If SpaceX wasn’t valued so high, I could find the control acceptable. At $1.8T, I feel I am paying too much without any say in how capital is directed. Some of these novel ideas—xAI, Terafab, orbital AI, Mars infrastructure—may not produce cash flow for years. Sure, I would love to own a piece of the Mars story, but that is not the same as a near-term return on capital. So my answer is: Musk does not have “too much control” of SpaceX; SpaceX is SpaceX because Musk controls it. But investors need to decide for themselves if they are comfortable with that setup. On the one hand, investors will remember that tho...