The Alpha Architect US Quantitative Value ETF (QVAL) is seeing unusually high volume in afternoon trading Wednesday, with over 38,000 shares traded versus three month average volume of about 25,000. Shares of QVAL were up about 3.4% on the day. Components of that ETF with the
The Alpha Architect US Quantitative Value ETF (QVAL) is seeing unusually high volume in afternoon trading Wednesday, with over 38,000 shares traded versus three month average volume of about 25,000. Shares of QVAL were up about 3.4% on the day. Components of that ETF with the
Cotton price action is down 24 to 48 points on Wednesday morning. Futures closed the session with contracts 28 to 40 points in the red. The US dollar index was $0.375 lower at $99.480. Crude oil is down $19.46 so far this morning following a 2-week ceasefire between Iran and...
Cotton price action is down 24 to 48 points on Wednesday morning. Futures closed the session with contracts 28 to 40 points in the red. The US dollar index was $0.375 lower at $99.480. Crude oil is down $19.46 so far this morning following a 2-week ceasefire between Iran and...
Live cattle futures settled with front month April up 17 cents and other contracts down 50 cents to $1.22. There were no deliveries issued for April on Tuesday. Cash trade has yet to get kicked off this week, with sales at $245-246 last week. Feeder cattle futures were down $3...
Live cattle futures settled with front month April up 17 cents and other contracts down 50 cents to $1.22. There were no deliveries issued for April on Tuesday. Cash trade has yet to get kicked off this week, with sales at $245-246 last week. Feeder cattle futures were down $3...
Lean hog futures were up 30 cents in the front month April, with other contracts down 35 to 70 cents. USDA’s national base hog price was reported at $90.82 on Tuesday afternoon. The CME Lean Hog Index was down another 8 cents on April 3 at $89.93. USDA’s pork carcass...
Lean hog futures were up 30 cents in the front month April, with other contracts down 35 to 70 cents. USDA’s national base hog price was reported at $90.82 on Tuesday afternoon. The CME Lean Hog Index was down another 8 cents on April 3 at $89.93. USDA’s pork carcass...
Corn price action is down 5 to 7 cents in early Wednesday trade. Futures were 4 to 5 cents lower on the session. The CmdtyView national average Cash Corn price was down 4 3/4 cents at $4.10 1/2. Crude oil is down $19.46 so far this morning following a 2-week...
Corn price action is down 5 to 7 cents in early Wednesday trade. Futures were 4 to 5 cents lower on the session. The CmdtyView national average Cash Corn price was down 4 3/4 cents at $4.10 1/2. Crude oil is down $19.46 so far this morning following a 2-week...
Wheat is trading with double digit losses across the three exchanges early on Wednesday. The wheat complex was mixed on Tuesday, with the soft red contracts higher. Chicago SRW futures posted 1 to 3 cent in the red on the day. KC HRW futures saw fractional losses at the close....
Wheat is trading with double digit losses across the three exchanges early on Wednesday. The wheat complex was mixed on Tuesday, with the soft red contracts higher. Chicago SRW futures posted 1 to 3 cent in the red on the day. KC HRW futures saw fractional losses at the close....
Soybeans are down 2 to 4 cents early on the midweek session. Futures posted Tuesday losses of 6 to 9 cents in the nearby contracts on Tuesday. The cmdtyView national average Cash Bean price was down 8 cents at $10.89 1/4. Soymeal futures were down $1.30 to $4.80 in the...
Soybeans are down 2 to 4 cents early on the midweek session. Futures posted Tuesday losses of 6 to 9 cents in the nearby contracts on Tuesday. The cmdtyView national average Cash Bean price was down 8 cents at $10.89 1/4. Soymeal futures were down $1.30 to $4.80 in the...
Sunshine Seeds/iStock via Getty Images Last night, we went through a news rollercoaster. In a couple of hours we went from threats that “ Iran’s civilization will die ” to an unexpected two-week ceasefire. The markets are celebrating this news with one of the biggest upside in a while; while I am writing, S&P 500 futures ( SPX ) are up almost by 3% and WTI oil ( CL1:COM ) is plunging by 15%. Are t...
Sunshine Seeds/iStock via Getty Images Last night, we went through a news rollercoaster. In a couple of hours we went from threats that “ Iran’s civilization will die ” to an unexpected two-week ceasefire. The markets are celebrating this news with one of the biggest upside in a while; while I am writing, S&P 500 futures ( SPX ) are up almost by 3% and WTI oil ( CL1:COM ) is plunging by 15%. Are these the early signs that the war is about to end? Well, in my opinion I have multiple doubts, both on the potential end of the war and on the underlying meaning behind this ceasefire. The market wants to believe that this war has an easy resolution, a bit like what happened with Liberation Day. However, in this case we have many more variables that make me believe that we still need to act cautiously: it is not yet the time to go all in and be fully invested. The ceasefire is skewed in Iran's favor President Trump declared 100% victory after U.S.-Iran ceasefire and the markets are celebrating. But is this a rational reaction? At first glance, I was surprised by this ceasefire, in fact, Iranian leaders have stated multiple times that they would have not accepted a temporary halt of the war: either it goes on or it ends forever. So, did they change their mind? Well, not exactly. The ceasefire agreed yesterday is based on Iran’s 10-point proposal , which is now considered the basis for negotiations over the next two weeks. The problem is that, obviously, Iran’s 10-point proposal is totally skewed in its favor. Just to mention a few: Ending the war in the whole region, including Israeli attacks toward Lebanon. Withdrawal of U.S. combat forces from the Middle East. Control over the Strait of Hormuz together with Oman. Even though not explicitly stated, it is likely included the $2 million toll on every ship crossing the Strait. Before the war broke out, more than 100 ships crossed the Strait every day, so Iran could earn at least $100 million per day in the future. Release of I...
TSLA expands Model Y L to eight Asian markets, betting the six-seat SUV's range, space and performance will drive strong demand and boost regional sales.
TSLA expands Model Y L to eight Asian markets, betting the six-seat SUV's range, space and performance will drive strong demand and boost regional sales.
In trading on Wednesday, the U.S. Global Jets ETF (JETS) is outperforming other ETFs, up about 10% on the day. Components of that ETF showing particular strength include shares of Alaska Air Group (ALK), up about 15.4% and shares of Allegiant Travel (ALGT), up about 14.6% on th
In trading on Wednesday, the U.S. Global Jets ETF (JETS) is outperforming other ETFs, up about 10% on the day. Components of that ETF showing particular strength include shares of Alaska Air Group (ALK), up about 15.4% and shares of Allegiant Travel (ALGT), up about 14.6% on th
Digital finance and tokenized assets are slated to become a core part of the world’s financial system, but most businesses don’t know what impact that will have on their operations, according to a survey by HSBC Holdings Plc . About 90% of the 3,500 corporate leaders and investors surveyed by the British bank assume that the adoption of digital banking will speed up over the next five years. But l...
Digital finance and tokenized assets are slated to become a core part of the world’s financial system, but most businesses don’t know what impact that will have on their operations, according to a survey by HSBC Holdings Plc . About 90% of the 3,500 corporate leaders and investors surveyed by the British bank assume that the adoption of digital banking will speed up over the next five years. But less than half — 47% — said they didn’t know how their businesses would adapt, the bank said in its survey. “Momentum is not matched by readiness,” HSBC wrote in a report summarizing the survey, which was conducted ahead of its annual Global Investment Summit next week in Hong Kong. The bank said that fewer than four in 10 of those it surveyed were “actively implementing use cases” for digital finance. More firms are investing heavily in digital payments, cryptocurrency, stablecoins and mobile banking to modernize systems, lower costs and take up market share. Advancements in artificial intelligence have accelerated that effort as firms look for ways to adopt such technology. For investors, almost half of those surveyed are reworking client portfolios to increase exposure to AI and technology, according to the report. Private capital is expected to exert the most influence over worldwide capital flows by 2035, according to the HSBC survey, with 33% of respondents saying it would be a dominant force in markets within a decade. This compares to a fifth who said public markets would exert the biggest influence. That expectation reflects “demand for longer-term and more flexible funding,” according to the report.
panumas nikomkai/iStock via Getty Images Investment Thesis Over the past decade, RF Industries ( RFIL ) has transformed from a commoditized component supplier into a broader connectivity solutions provider. However, revenue growth has been uneven and partly acquisition-driven. Its performance is still closely tied to telecom and infrastructure spending cycles. Profitability remains volatile due to...
panumas nikomkai/iStock via Getty Images Investment Thesis Over the past decade, RF Industries ( RFIL ) has transformed from a commoditized component supplier into a broader connectivity solutions provider. However, revenue growth has been uneven and partly acquisition-driven. Its performance is still closely tied to telecom and infrastructure spending cycles. Profitability remains volatile due to a combination of cyclical demand and a structurally higher fixed cost base. Returns were lower than the cost of capital, suggesting that the strategic shift has yet to translate into sustained value creation. The market has overpriced its improvements and structural shift. Thrust of my analysis RF Industries designs and manufactures components such as connectors, cable assemblies, and data cables & wiring harnesses that connect communication networks. The company primarily serves wireless carriers and data & network infrastructures. As such, the real business driver is telecom capex + infrastructure buildouts. Over the past decade, the company has upgraded its business model. It went from selling commoditized components to offering more integrated, higher-value connectivity solutions. There are several layers to this strategic shift: i) From selling individual products to “systems” such as DAS systems, signal distribution, and cooling systems. Customers no longer buy individual SKUs but integrated bundles. ii) From a narrow product to a broader platform such as fiber + hybrid solutions. This allows the company to capture a larger share of the wallet per customer. If executed well, this shift should lead to higher gross margins, better operating leverage, and potentially higher returns. Unfortunately, there is an important constraint on the business – its performance is fundamentally tied to the telecom & infrastructure cycles. In this article, I assessed how successful RF Industries has been in executing this strategic shift and whether this has translated into improved bu...
On today’s Big Take Asia podcast, Uniqlo founder Tadashi Yanai takes Bloomberg’s Reed Stevenson to a store in Tokyo and explains why he’s betting big on America one more time. (Source: Bloomberg)
On today’s Big Take Asia podcast, Uniqlo founder Tadashi Yanai takes Bloomberg’s Reed Stevenson to a store in Tokyo and explains why he’s betting big on America one more time. (Source: Bloomberg)
Justin Sullivan Coinbase Global's ( COIN ) Australian unit received a financial services license (AFSL) in the country, ahead of incoming legislation that would require all digital exchanges to hold one, the company said late Tuesday. " With this critical step, we will be offering crypto and equity perpetuals to Australians, followed by futures and options," the company said in a statement on its ...
Justin Sullivan Coinbase Global's ( COIN ) Australian unit received a financial services license (AFSL) in the country, ahead of incoming legislation that would require all digital exchanges to hold one, the company said late Tuesday. " With this critical step, we will be offering crypto and equity perpetuals to Australians, followed by futures and options," the company said in a statement on its blog. "As we expand the Everything Exchange, we’re going to compete with traditional financial services on stock trading, payments, and other TradFi products with the speed and execution of crypto — all from the Coinbase app." Coinbase ( COIN ) has been operating in Australia since 2016, serving early adopters of digital currencies. In 2022, the company incorporated Coinbase Australia Pty Ltd as a local entity, registered with AUSTRAC, and launched a dedicated local platform with PayID support, retail advanced trading, and 24/7 customer support. The license is a "natural next step" in its journey and will subject Coinbase Australia to the same standards of conduct, disclosure, governance, and consumer protections that traditional financial services providers are subject to, the company said . Coinbase ( COIN ) stock rose 3.3% in Wednesday morning trading. The stock also may be benefiting from a Council of Economic Advisers report that appears to support crypto platforms offering stablecoin rewards. The license comes as Australia's Corporations Amendment (Digital Assets Framework) Bill 2025 will apply the financial services licensing regime to crypto platforms. Coinbase Australia Chief Operating Officer Adam Judd will oversee the management of the AFSL. More on Coinbase Coinbase: The Latest Initiatives Change Everything (Rating Upgrade) Coinbase: Q1 Guidance Was A Clearing Event Coinbase: 'Everything Exchange' Is A Game Changer White House economists say stablecoin rewards won't harm bank lending Coinbase gets conditional approval for trust charter, faces industry backlash
Greetings astrophiles, it’s Sana Pashankar in Washington. We’ve got details about how the Artemis II crew prepared to get closer to the lunar surface than anyone in over half a century. But first ... Three things you need to know today: • NASA’s Artemis crew breaks the distance record for space travel. • US request prompts Planet Labs to withhold Iran war images. • Impulse Space and Anduril are bu...
Greetings astrophiles, it’s Sana Pashankar in Washington. We’ve got details about how the Artemis II crew prepared to get closer to the lunar surface than anyone in over half a century. But first ... Three things you need to know today: • NASA’s Artemis crew breaks the distance record for space travel. • US request prompts Planet Labs to withhold Iran war images. • Impulse Space and Anduril are building interceptors for Golden Dome. Lunar surface prep As the Artemis II astronauts woke up on Monday, they were greeted by the voice of one of the few people who had been in their shoes before. “Welcome to my old neighborhood,” said the late NASA astronaut Jim Lovell , who orbited the moon during Apollo 8 and famously commanded the aborted Apollo 13 mission , in a recording made before his death in 2025. “Don’t forget to enjoy the view.” While the Artemis crew — Reid Wiseman, Victor Glover, Christina Koch and Jeremy Hansen — journeyed around the moon like the Apollo 8 astronauts over half a century ago, the views were uniquely different. The Apollo astronauts prioritized launching when the near side of the moon, the side we can see from Earth, was lit up by the sun. But — after Lovell’s message and a broadcast of the song Good Morning by Mandisa and TobyMac — the Artemis astronauts became the first humans to lay eyes on the partially illuminated far side of the moon. The flyby lasted roughly seven hours , but the historic accomplishment was underpinned by more than a year of preparation by NASA’s Lunar Science Team. They had the task of transforming the astronauts into moon field scientists to maximize the event’s scientific gain. Read More: Inside NASA’s Astronaut Training for a Historic Moon Mission The crew practiced observing moon renderings created by the science team that simulated the potential illumination and the speed at which the astronauts would be traveling. The Lunar Science Team later provided feedback on their descriptions. “Rocky” and “gray” weren’t going...
Tesla has benefited from higher oil prices in the past, so it might seem odd that crude is down sharply and the electric-vehicle maker’s stock is up. Shares of the Elon Musk-led company were up more than 4% in premarket trading and gained 2.6% in early trading to $355.57, while the and were up 2.6% and 2.9%, respectively. Benchmark oil prices were down more 16% in early trading, below $92 a barrel...
Tesla has benefited from higher oil prices in the past, so it might seem odd that crude is down sharply and the electric-vehicle maker’s stock is up. Shares of the Elon Musk-led company were up more than 4% in premarket trading and gained 2.6% in early trading to $355.57, while the and were up 2.6% and 2.9%, respectively. Benchmark oil prices were down more 16% in early trading, below $92 a barrel.
Oxford team’s technology picked up danger signs with 86% accuracy in study of 72,000 patients in England Oxford scientists have developed a simple AI tool that can predict the risk of heart failure five years before it develops. More than 60 million people worldwide have the condition in which the heart cannot pump blood around the body as well as it should. Spotting cases before they develop into...
Oxford team’s technology picked up danger signs with 86% accuracy in study of 72,000 patients in England Oxford scientists have developed a simple AI tool that can predict the risk of heart failure five years before it develops. More than 60 million people worldwide have the condition in which the heart cannot pump blood around the body as well as it should. Spotting cases before they develop into heart failure would be a big step forward, experts say. Doctors could prepare better for and manage the condition at an earlier stage or even prevent it entirely. Continue reading...
Our seasoned traveller braved obstacles and mud to put the best cabin bags to the test – from hard-shell to budget, wheeled to lightweight • The best travel pillows, tested Let’s start by saying that if you can avoid taking a flight, that would be best. Aviation accounts for 2.5% of global carbon emissions – and the levels released by aircraft could double or triple by 2050 . Regrettably, you can’...
Our seasoned traveller braved obstacles and mud to put the best cabin bags to the test – from hard-shell to budget, wheeled to lightweight • The best travel pillows, tested Let’s start by saying that if you can avoid taking a flight, that would be best. Aviation accounts for 2.5% of global carbon emissions – and the levels released by aircraft could double or triple by 2050 . Regrettably, you can’t always reach your destination by rail, sea or hot-air balloon . If flying is unavoidable, one way to reduce your carbon footprint is to take a cabin bag, rather than hold luggage. This encourages you to pack less, so your baggage is lighter, and less fuel is required to spirit it through the stratosphere. If that doesn’t move you, consider that you’ll also pay lower fees to the airline. Best cabin bag overall: July Carry On luggage Best budget cabin bag: Tripp Holiday 8 cabin suitcase Continue reading...