Many investors weren't eager to ring the bell for BellRing Brands (NYSE: BRBR) during Monday's trading session. Shares of the protein products maker slumped by nearly 10%, on news that its stock is being dropped from a high-profile index. After market close on Friday, S&P Global announced the latest quarterly rebalancing of its closely followed S&P family of indexes . One of those lineups that wil...
Many investors weren't eager to ring the bell for BellRing Brands (NYSE: BRBR) during Monday's trading session. Shares of the protein products maker slumped by nearly 10%, on news that its stock is being dropped from a high-profile index. After market close on Friday, S&P Global announced the latest quarterly rebalancing of its closely followed S&P family of indexes . One of those lineups that will see adjustments is the one BellRing is currently a part of, the S&P MidCap 400 index. The company's stock is one of five being moved and replaced with new arrivals; the four others are Flex , Coty , Concentrix , and Blackbaud . Those four are being shifted to different indexes more appropriate for their current size. Image source: Getty Images. Continue reading
"Replacing Lower Value Human Capital": Banks Cut Staff As Recent Grads Face Off Against AI For Jobs As AI reshapes banking, students entering the industry are confronting a double challenge: navigating AI-driven hiring processes today while wondering how many traditional finance jobs will remain tomorrow, according to Bloomberg . Warwick University student Andre Bonnick, for example, spends hours ...
"Replacing Lower Value Human Capital": Banks Cut Staff As Recent Grads Face Off Against AI For Jobs As AI reshapes banking, students entering the industry are confronting a double challenge: navigating AI-driven hiring processes today while wondering how many traditional finance jobs will remain tomorrow, according to Bloomberg . Warwick University student Andre Bonnick, for example, spends hours preparing for automated screening interviews rather than conversations with human recruiters. While he hopes to secure a role in finance, he is also weighing options such as further study as entry-level opportunities become more competitive. Industry leaders have been increasingly candid about AI’s impact on employment. JPMorgan CEO Jamie Dimon stated that the technology “will eliminate jobs,” while other bank executives have acknowledged that some roles may no longer be needed as automation expands. Standard Chartered CEO Bill Winters described the shift as “replacing in some cases lower-value human capital” with technology investments, comments for which he later apologized. Bloomberg writes that the pressure is already visible at the junior level. Banks are reducing analyst intake programs and investing heavily in AI capabilities, leading many graduates to question the long-term stability of careers that were once viewed as secure and lucrative. Even so, experts argue that banks cannot eliminate junior hiring altogether because the industry still relies on developing future leaders through apprenticeship-style career paths. For now, most institutions are deploying AI in specific areas such as customer support, compliance, transaction monitoring, and wealth management rather than replacing entire functions. Banks including Citigroup and Barclays report efficiency gains from AI tools, while digital-first firms such as Revolut are embedding AI directly into customer-facing products. Yet uncertainty remains. Employment lawyers warn that automation could disproportionately af...
美国总统特朗普再次就利率问题向美联储施压。在周日(6月7日)播出的NBC《Meet the Press》节目中,特朗普批评市场对于美联储可能进一步加息的预期,认为美国经济表现强劲,没有任何理由提高利率。不过,他同时表示,对现任美联储主席沃什(Kevin Warsh)充满信心,希望其能够按照自己的判断作出决策。 “Kevin非常出色,我希望他做任何他认为正确的事情,”特朗普在接受主持人Kristen...
CrowdStrike (NASDAQ: CRWD) gave investors plenty to cheer when it reported its fiscal first quarter of 2027 results (the period ended April 30, 2026) last week. The cybersecurity company grew revenue 26%, lifted non-GAAP (adjusted) earnings per share by about 50%, raised its full-year outlook, and announced its first-ever stock split. And yet the stock fell about 10% in the days that followed. Tha...
CrowdStrike (NASDAQ: CRWD) gave investors plenty to cheer when it reported its fiscal first quarter of 2027 results (the period ended April 30, 2026) last week. The cybersecurity company grew revenue 26%, lifted non-GAAP (adjusted) earnings per share by about 50%, raised its full-year outlook, and announced its first-ever stock split. And yet the stock fell about 10% in the days that followed. That reaction may look strange for a quarter this strong. But it makes more sense, though, once investors account for one more factor: high expectations. The stock had climbed to an all-time high on June 1, capping a seemingly vertical run, leaving expectations heading into the report sky high. When one closely watched demand figure grew more slowly than revenue, that was enough to send shares lower. Continue reading
Evans becomes first men’s player to come out since Ian Roberts in 1995 Former Roosters and Eels player had struggled with suicidal thoughts Former prop forward Kane Evans says a weight has lifted from his shoulders after he became only the second male NRL player to come out as gay. In an emotional interview with Channel Nine’s 100% Footy, the 131-time NRL player said he had struggled with addictio...
Evans becomes first men’s player to come out since Ian Roberts in 1995 Former Roosters and Eels player had struggled with suicidal thoughts Former prop forward Kane Evans says a weight has lifted from his shoulders after he became only the second male NRL player to come out as gay. In an emotional interview with Channel Nine’s 100% Footy, the 131-time NRL player said he had struggled with addiction, suicidal thoughts and experienced homelessness as he grappled with his sexuality. “I had three goals in life,” Evans said. “And it was to play NRL, to buy my parents a house, and then I wanted to top myself, because I was living in denial from a young age. I know that I’m gay. But I went down every other avenue to sort of build up these walls. To be someone, to escape who I am.” Continue reading...
MadamLead/iStock via Getty Images Q1 2026 Key takeaways 1 Convertible securities posted a positive return amid a down equity market Convertibles (as measured by the ICE BofA US Convertible Index) returned 3.72% for the first quarter, compared to the S&P 500 Index, which returned -4.33%. 2 The fund underperformed its benchmark The fund underperformed its benchmark, primarily due to weaker performan...
MadamLead/iStock via Getty Images Q1 2026 Key takeaways 1 Convertible securities posted a positive return amid a down equity market Convertibles (as measured by the ICE BofA US Convertible Index) returned 3.72% for the first quarter, compared to the S&P 500 Index, which returned -4.33%. 2 The fund underperformed its benchmark The fund underperformed its benchmark, primarily due to weaker performance in the financials and consumer discretionary sectors and an underweight position in information technology (IT). 3 We continue to focus on balanced convertibles We are focused on the area of the market that we believe represents the best opportunity – balanced convertibles that offer both upside participation should their underlying stocks rise, along with downside support via the securities' fixed income attributes. Manager perspective and outlook US equity markets declined during the quarter, with the S&P 500 Index returning -4.33%. Economic data reflected steady consumer activity and firm labor market conditions. However, ongoing geopolitical tensions appeared to weigh on business sentiment and appeared to contribute to a more cautious outlook for monetary policy. Against this backdrop, investor risk appetite appeared to decline and markets seemed to reassess the trajectory of monetary policy, leading to a broad pullback in equities. Convertibles returned 3.72%, beating the S&P 500 Index. New issuance of US convertible securities was steady in the first quarter, totaling approximately $27.2 billion as corporate issuers have continued to seek less costly financing alternatives. Top equity issuers (% of total market value) Fund Index Lumentum Holdings Inc (L IT E) 4.96 5.54 Bank of America Corp ( BAC ) 2.90 1.08 Boeing Co/The ( BA ) 2.89 2.19 Western Digital Corp ( WDC ) 2.70 3.36 NextEra Energy Inc ( NEE ) 2.69 1.12 Oracle Corp ( ORCL ) 2.12 1.35 Akamai Technologies Inc ( AKAM ) 1.86 1.52 Welltower OP LLC 1.82 1.11 Live Nation Entertainment Inc ( LYV ) 1.71 1.22 Cloudf...
The wheat complex was mixed on Monday, with the winter wheat firmer. Chicago SRW futures saw strength of 1 to 3 ¼ cents across most contracts on Monday. KC HRW futures were up 2 ¼ to 9 cents at the close. MPLS spring wheat was steady to 3 ½ cents...
The wheat complex was mixed on Monday, with the winter wheat firmer. Chicago SRW futures saw strength of 1 to 3 ¼ cents across most contracts on Monday. KC HRW futures were up 2 ¼ to 9 cents at the close. MPLS spring wheat was steady to 3 ½ cents...
Cotton futures posted mixed trade of 36 points lower to 13 points higher across most contracts on Monday. The US dollar index was down $0.101 at $99.95. Crude oil was up 74 cents on the day. Monday afternoon’s Crop Progress showed 77% of the US cotton crop planted as of...
Cotton futures posted mixed trade of 36 points lower to 13 points higher across most contracts on Monday. The US dollar index was down $0.101 at $99.95. Crude oil was up 74 cents on the day. Monday afternoon’s Crop Progress showed 77% of the US cotton crop planted as of...
Lean hog futures were down 25 cents to $1.42 on the Monday session. USDA’s national base hog price was reported at $96.11 on Monday afternoon, up $2.26 from the day prior. The CME Lean Hog Index was up 9 cents on June 4 at $92.60. USDA’s pork carcass cutout value...
Lean hog futures were down 25 cents to $1.42 on the Monday session. USDA’s national base hog price was reported at $96.11 on Monday afternoon, up $2.26 from the day prior. The CME Lean Hog Index was up 9 cents on June 4 at $92.60. USDA’s pork carcass cutout value...
Soybeans saw lower trade for much of Monday, with contracts fractionally to 5 ¾ cents in the red. The cmdtyView national average Cash Bean price was down 5 3/4 cents at $10.57 1/2. Soymeal futures were down 20 cents to $5.80 in the front months, with Soy Oil futures 44...
Soybeans saw lower trade for much of Monday, with contracts fractionally to 5 ¾ cents in the red. The cmdtyView national average Cash Bean price was down 5 3/4 cents at $10.57 1/2. Soymeal futures were down 20 cents to $5.80 in the front months, with Soy Oil futures 44...
Corn futures closed the Monday session with front months fractionally to 1 ¼ cents higher, as other contracts were steady to 1 ¾ cents lower. The CmdtyView national average Cash Corn price was up 1 1/2 cents at $3.85 3/4. USDA reported a private export sale of 103,000 MT to...
Corn futures closed the Monday session with front months fractionally to 1 ¼ cents higher, as other contracts were steady to 1 ¾ cents lower. The CmdtyView national average Cash Corn price was up 1 1/2 cents at $3.85 3/4. USDA reported a private export sale of 103,000 MT to...
Live cattle futures were down $2.65 to $4.925 at the Monday close. Cash trade was mainly $256-258 last week, with the early week action thus far compiling showlists. Feeder cattle futures were down $2.37 to $3.52 at the close. The CME Feeder Cattle Index was up another $5.63 on June...
Live cattle futures were down $2.65 to $4.925 at the Monday close. Cash trade was mainly $256-258 last week, with the early week action thus far compiling showlists. Feeder cattle futures were down $2.37 to $3.52 at the close. The CME Feeder Cattle Index was up another $5.63 on June...
Oracle Corp stock slid on Friday as investors grew more cautious about the company’s debt-funded AI infrastructure spending. Pre-earnings profit-taking and a broader tech selloff, which weighed on the Nasdaq and S&P 500, also added pressure. BNP Paribas analyst Stefan...
Oracle Corp stock slid on Friday as investors grew more cautious about the company’s debt-funded AI infrastructure spending. Pre-earnings profit-taking and a broader tech selloff, which weighed on the Nasdaq and S&P 500, also added pressure. BNP Paribas analyst Stefan...
(RTTNews) - The Malaysia stock market on Monday snapped the two-day winning streak in which it had collected more than 20 points or 1.2 percent. The Kuala Lumpur Composite Index now sits just beneath the 1,680-point plateau although it may bounce higher again on Tuesday. The gl
(RTTNews) - The Malaysia stock market on Monday snapped the two-day winning streak in which it had collected more than 20 points or 1.2 percent. The Kuala Lumpur Composite Index now sits just beneath the 1,680-point plateau although it may bounce higher again on Tuesday. The gl