The US military says it has shot down an Iranian drone that “aggressively” approached the Abraham Lincoln aircraft carrier in the Arabian Sea. The Iranian Shahed-139 drone was flying toward the carrier “with unclear intent” when it was shot down by a F-35 US fighter jet, US Central Command said on Tuesday. “An F-35C fighter jet from Abraham Lincoln shot down the Iranian drone in self-defence and t...
The US military says it has shot down an Iranian drone that “aggressively” approached the Abraham Lincoln aircraft carrier in the Arabian Sea. The Iranian Shahed-139 drone was flying toward the carrier “with unclear intent” when it was shot down by a F-35 US fighter jet, US Central Command said on Tuesday. “An F-35C fighter jet from Abraham Lincoln shot down the Iranian drone in self-defence and to protect the aircraft carrier and personnel on board,” Capt Tim Hawkins, a navy spokesperson at Central Command, said. He added that no US service members were harmed or US equipment damaged. The shooting down came as diplomats attempted to arrange nuclear talks between Iran and the US, and President Donald Trump said that with US warships heading toward Iran “bad things” would probably happen unless a deal could be reached. Iran’s president, Masoud Pezeshkian, said on Tuesday he had instructed the country’s foreign minister to “pursue fair and equitable negotiations” with the US, the first clear sign Tehran wants to negotiate with Washington. The announcement marked a significant turn for the reformist Iranian president, who had told Iranians for weeks that the turmoil in Iran had gone beyond his control. It also indicated that the president had support from Iran’s supreme leader, Ayatollah Ali Khamenei, for talks, which the 86-year-old cleric had previously had dismissed. The Lincoln carrier strike group is the most visible part of a US military buildup in the Middle East following a violent crackdown against anti-government demonstrations in Iran last month, the deadliest domestic unrest since the 1979 revolution. Trump, who stopped short of carrying out his threats to intervene during the crackdown, has since demanded Tehran make nuclear concessions, and sent a flotilla to its coast. He said last week Iran was “seriously talking”, while Tehran’s top security official, Ali Larijani, said arrangements for negotiations were under way. Central Command said that in another ...
TechCrunch Startup Battlefield 200 is the flagship early-stage startup competition held at TechCrunch Disrupt in San Francisco, spotlighting the world’s most promising young companies. Each year, thousands of applicants from around the globe vie for one of 200 slots in the cohort, which provides unparalleled visibility, access to top-tier investors, and opportunities to grow. Early-stage startups ...
TechCrunch Startup Battlefield 200 is the flagship early-stage startup competition held at TechCrunch Disrupt in San Francisco, spotlighting the world’s most promising young companies. Each year, thousands of applicants from around the globe vie for one of 200 slots in the cohort, which provides unparalleled visibility, access to top-tier investors, and opportunities to grow. Early-stage startups from around the world are joining the Startup Battlefield email list to be the first to know when applications open this month. Don’t miss a beat if you’re ready to join the action. What is Startup Battlefield? Image Credits:Kimberly White / Getty Images Startup Battlefield 200 is a highly selective startup launch program designed to prepare early-stage startups for visibility, investment, and scale. Each year, TechCrunch hand-selects 200 companies to gain unmatched exposure, credibility, and opportunities to scale faster than they ever imagined: Free exhibit space at TechCrunch Disrupt for all three days Exclusive access to masterclasses and curated networking Direct exposure to top-tier press and investors A chance to pitch live at Disrupt A shot at the main Disrupt Stage to compete for a $100,000 equity-free prize and the iconic Disrupt Cup Alumni who’ve entered Startup Battlefield Startup Battlefield’s track record is among the strongest in the industry — alumni represent 1,700+ companies that have collectively raised over $32 billion and include well-known names such as: Dropbox. Discord. Cloudflare. Trello. Mint. … and many others that have gone on to significant exits and growth. Image Credits:TechCrunch What to expect in 2026 In 2026, Startup Battlefield 200 will once again bring together a global cohort of high-potential early-stage startups building across AI, climate, health, fintech, and beyond. Applications will open in the middle of this month and close in mid-June. Selected startups will be notified around September 1, when the virtual preparation program beg...
Key Points The new 1099-DA form will track crypto trades like stock sales. Crypto traders need to report their cost basis for each separate exchange or wallet. These rules could make cryptocurrencies more appealing for institutional investors. 10 stocks we like better than Bitcoin › Filing taxes can be confusing for cryptocurrency investors. In the earliest days, crypto trades weren't taxed or reg...
Key Points The new 1099-DA form will track crypto trades like stock sales. Crypto traders need to report their cost basis for each separate exchange or wallet. These rules could make cryptocurrencies more appealing for institutional investors. 10 stocks we like better than Bitcoin › Filing taxes can be confusing for cryptocurrency investors. In the earliest days, crypto trades weren't taxed or regulated. But in March 2014, the IRS issued Notice 2014-21, officially classifying all cryptocurrencies as property rather than currency. That meant selling cryptocurrencies for dollars, trading one crypto for another, or buying goods and services with crypto were all taxable events. In 2019, the IRS tightened up its enforcement of those rules by adding a crypto question to Form 1040 and aggressively auditing crypto holders. The top exchanges also started issuing 1099 forms to comply with those rules. As we head into the 2026 tax filing season, investors should be aware of two other significant changes. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now, when you join Stock Advisor. See the stocks » 1. Form 1099-DA Starting in the 2025 tax year, all crypto brokers -- including centralized exchanges like Coinbase (NASDAQ: COIN) and specific decentralized platforms -- must issue a new form, 1099-DA, to their users to record their cost basis, sales, trades, and disposals of digital assets. The dates and cost basis for those trades will serve as a baseline for capital gains tax calculations. That change will standardize all crypto trades in the same manner as stock trades, but it could diminish the appeal of cryptocurrencies among casual or tax-arbitrage traders. Yet at the same time, that clarity might make cryptocurrencies more appealing for conservative retail or institutional investors. 2. Per-Wallet/Exchange Cost Basis Reporting The second change is a new requirement to track and report the cost basis fo...
Though it was finally replaced last year by the new Switch 2, the orginal switch isn't done just yet. Many recent Switch games (and a handful of major updates, like the one for Animal Crossing ) have been released in both Switch and Switch 2 editions, and Nintendo continues to sell all editions of the original console as entry-level systems for those who can't pay $450 for a Switch 2. The nine-yea...
Though it was finally replaced last year by the new Switch 2, the orginal switch isn't done just yet. Many recent Switch games (and a handful of major updates, like the one for Animal Crossing ) have been released in both Switch and Switch 2 editions, and Nintendo continues to sell all editions of the original console as entry-level systems for those who can't pay $450 for a Switch 2. The nine-year-old Switch's continued availability has helped it clear a milestone, according to the company's third-quarter financial results ( PDF ). As of December 31, 2025, Nintendo says the Switch "has reached the highest sales volume of any Nintendo hardware" with a total of 155.37 million units sold, surpassing the original DS's lifetime total of 154.02 million units. The console has sold 3.25 million units in Nintendo's fiscal 2026 so far, including 1.36 million units over the holidays. Those consoles have sold despite price hikes that Nintendo introduced in August of 2025 , citing "market conditions." That makes the Switch the second-bestselling game console of all time, just three years after it became the third-bestselling game console of all time . The only frontier left for the Switch to conquer is Sony's PlayStation 2, which Sony says sold "over 160 million units" over its long life. At its current sales rate (Nintendo predicts it will sell roughly 750,000 Switches in the next quarter), it would take the Switch another couple of years to cross that line, but those numbers are likely to taper off as we get deeper into the Switch 2 era. Read full article Comments
Rasi Bhadramani Josh Brown, CEO of Ritholtz Wealth Management, has identified Targa ( TRGP ), W.W. Grainger ( GWW ), and Corteva ( CTVA ) as his top stock picks, with all three demonstrating strong momentum and one forming a bullish “golden cross” pattern. Brown shared his analysis during an interview with CNBC, highlighting the compelling financial metrics and technical setups that make these nam...
Rasi Bhadramani Josh Brown, CEO of Ritholtz Wealth Management, has identified Targa ( TRGP ), W.W. Grainger ( GWW ), and Corteva ( CTVA ) as his top stock picks, with all three demonstrating strong momentum and one forming a bullish “golden cross” pattern. Brown shared his analysis during an interview with CNBC, highlighting the compelling financial metrics and technical setups that make these names stand out in the current market. Targa ( TRGP ) leads Brown’s list with a 2% dividend yield and an expected 22% cash flow growth heading into earnings in two weeks. For traders looking to manage risk, Brown recommends using the 50-day moving average as a trailing stop near the $183 to $185 range. “The stock is a little bit extended now, breaking through 200. RSI is tame at 72, not crazy overbought,” Brown noted. W.W. Grainger ( GWW ), which provides tools, equipment, and supplies, represents a defensive play in Brown’s view because its business model faces minimal disruption from emerging technologies. “None of this is disruptable by AI,” he said, adding that the company returned $1.5B to shareholders last year through dividends and repurchases and plans to do the same this year. The stock faces meaningful resistance at $1,100 and $1,200, but Brown believes there are “no sellers” beyond those levels. Corteva ( CTVA ), which operates in the seeds and pesticides business, is currently in “breakout mode” after raising full-year guidance and experiencing what Brown described as “explosive” cash flow growth. The company may spin off its pesticide division into a separate entity, potentially unlocking additional value for shareholders. The agricultural stock is displaying a golden cross on its chart, with the 50-day moving average crossing above the 200-day average. “What that tells you is that the buyers are taking control of this chart,” Brown explained, pointing to a move above $75 on strong volume as the key trigger for investors. All three stocks have shown consistent acc...
The spokesperson said: "GMP is working in conjunction with colleagues in other emergency services, and a cordon remains in place around the area as investigators continue with their enquiries."
The spokesperson said: "GMP is working in conjunction with colleagues in other emergency services, and a cordon remains in place around the area as investigators continue with their enquiries."
Defense tech startup Overland AI has raised $100 million in new funding to help accelerate the use of robots and other autonomous systems across the US military’s ground forces. Stephanie Bonk, president and co-founder of Overland AI, joins Caroline Hyde and Ed Ludlow on “Bloomberg Tech.” (Source: Bloomberg)
Defense tech startup Overland AI has raised $100 million in new funding to help accelerate the use of robots and other autonomous systems across the US military’s ground forces. Stephanie Bonk, president and co-founder of Overland AI, joins Caroline Hyde and Ed Ludlow on “Bloomberg Tech.” (Source: Bloomberg)
US equity indexes fell in midday trading on Tuesday as a sell-off in technology coincided with a mov Upgrade to read this MT Newswires article and get so much more. A Silver or Gold subscription plan is required to access premium news articles.
US equity indexes fell in midday trading on Tuesday as a sell-off in technology coincided with a mov Upgrade to read this MT Newswires article and get so much more. A Silver or Gold subscription plan is required to access premium news articles.
Bob Diamond, Hyperliquid Strategies chair and former CEO of Barclays, provides insights on the cryptocurrency market. He says more real world assets are starting to be traded on the Blockchain. (Source: Bloomberg)
Bob Diamond, Hyperliquid Strategies chair and former CEO of Barclays, provides insights on the cryptocurrency market. He says more real world assets are starting to be traded on the Blockchain. (Source: Bloomberg)
Key Points Purchased 89,706 shares of LMBS; estimated trade value $4.5 million (based on quarterly average price). Quarter-end position value increased by approximately $4.50 million, reflecting both share additions and price movement. Transaction represented an approximately 2.3% increase of fund’s 13F assets under management (AUM). Post-trade stake: 165,186 shares, valued at approximately $8.26 ...
Key Points Purchased 89,706 shares of LMBS; estimated trade value $4.5 million (based on quarterly average price). Quarter-end position value increased by approximately $4.50 million, reflecting both share additions and price movement. Transaction represented an approximately 2.3% increase of fund’s 13F assets under management (AUM). Post-trade stake: 165,186 shares, valued at approximately $8.26 million. Position now accounts for approximately 4.2% of Friedenthal Financial’s reportable AUM. 10 stocks we like better than First Trust Exchange-Traded Fund IV - First Trust Low Duration Opportunities ETF › Friedenthal Financial disclosed a buy of 89,706 shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) in its Jan. 27, 2026, SEC filing, with an estimated transaction value of $4.48 million based on quarterly average pricing. What happened According to a Jan. 27, 2026, SEC filing, Friedenthal Financial bought 89,706 shares of First Trust Low Duration Opportunities ETF, an estimated $4.48 million trade based on the average share price during the quarter. As a result, the stake’s value at quarter-end rose by approximately $4.50 million, inclusive of both the new shares and market price changes. What else to know The buy increased the LMBS holding to 4.25% of Friedenthal Financial’s 13F AUM. Top holdings after the filing: NYSEMKT: ITOT: $22.1 million (11.4% of AUM) NYSEMKT: LMBS: $8.2 million (4.2% of AUM) NYSEMKT: SCHA: $6.9 million (3.6% of AUM) NYSEMKT: IJH: $6.2 million (3.2% of AUM) NYSEMKT: STIP: $5.6 million (2.9% of AUM) As of Jan. 26, 2026, shares were priced at $50.09, up 7.4% over the past year, underperforming the S&P 500 by 10.2 percentage points. Annualized dividend yield was 4.07% as of Jan. 27, 2026; shares were 3.6% below the 52-week high. ETF overview Metric Value AUM N/A Price (as of market close 1/26/26) $50.09 Dividend yield 4.07% 1-year total return 7.42% ETF snapshot The investment strategy focuses on generating income and preserving ca...
LIV Golf players will be awarded world ranking points during 2026 after a new ruling made by the board of the Official World Golf Rankings (OWGR). However, its players may still not be happy because points will only be given to the top 10 finishers and ties in the 57-man field. In all other men's professional golf tours that are part of the OWGR, all players who make the cut earn points. In a stat...
LIV Golf players will be awarded world ranking points during 2026 after a new ruling made by the board of the Official World Golf Rankings (OWGR). However, its players may still not be happy because points will only be given to the top 10 finishers and ties in the 57-man field. In all other men's professional golf tours that are part of the OWGR, all players who make the cut earn points. In a statement, the OWGR board said it was awarding points "in an effort to reflect the changing landscape of the men's professional game". However, it added that the points were being restricted to the top 10 finishers because it "recognises there are a number of areas where LIV Golf does not meet the eligibility standards set out by OWGR". The winner of this week's opening event of the LIV Golf season is projected to receive 23.03 OWGR points, which is similar to European DP World Tour events (25). The victor of this week's PGA Tour event - the WM Phoenix Open - is expected to receive 59 points. The winner of a PGA Tour signature event earns 66 points, while the FedEx Cup play-off events at the end of the season and have reduced fields and no cuts - similar to LIV - will see 37 points awarded to the winner. OWGR points are important to players because they are crucial in qualifying for the annual four majors. In recent weeks, five-times major winner Brooks Koepka and 2018 Masters champion Patrick Reed are two of the biggest stars to leave LIV in favour of a return to the PGA Tour. More to follow.
Earnings Call Insights: New Jersey Resources Corporation (NJR) Q1 2026 Management View Stephen D. Westhoven, President, CEO & Director, opened the call by highlighting "an extraordinary weather event with record-setting demand," emphasizing that "NJR's diversified businesses responded with extraordinary performance." He underscored the company's ability to operate assets safely across its entire n...
Earnings Call Insights: New Jersey Resources Corporation (NJR) Q1 2026 Management View Stephen D. Westhoven, President, CEO & Director, opened the call by highlighting "an extraordinary weather event with record-setting demand," emphasizing that "NJR's diversified businesses responded with extraordinary performance." He underscored the company's ability to operate assets safely across its entire natural gas portfolio during extreme cold, stating, "Our assets were operated safely and successfully across our entire natural gas portfolio." The CEO noted that Energy Services generated significant value during the period, leading to a raised fiscal 2026 NFEPS guidance by $0.25 per share, now set between $3.28 and $3.43 per share. He stressed, "This represents the sixth consecutive year of raising guidance as a result of the strength of our complementary portfolio of businesses." NJR's hedging strategy was described as a key affordability lever: "Our average hedge price is approximately $2.20 per dekatherm for gas and storage and LNG, and that compares to a Citygate pricing that traded in excess of $135 per dekatherm during the event." Customer growth was also highlighted, with new housing developments and favorable trends in construction and conversions supporting New Jersey Natural Gas' expansion. The company announced securing a long-term contract for the initial capacity expansion at Leaf River, with additional phases to be supported by long-term fee-based contracts and FERC authorization expected by fiscal year-end. Clean Energy Ventures added approximately 10 megawatts of capacity during the quarter and aims to grow in-service capacity by more than 50% over the next two years. Roberto Bel, Senior VP, CFO & Principal Financial Officer, stated, "We reported NFE of $118.2 million or $1.17 per share for the quarter, reflecting disciplined execution and solid performance across our businesses." Outlook NJR increased its fiscal 2026 NFEPS guidance by $0.25 to a new range ...
Customers form a looping queue for buyback services on the third floor of Caishikou Department Store on Feb. 3, 2026. Photo: Caixin A leading Chinese gold retailer has restricted its buyback services after extreme price volatility spurred a rush among investors to liquidate their holdings. The Caishikou Department Store in Beijing, better known as Caibai, announced on Monday evening that it is tig...
Customers form a looping queue for buyback services on the third floor of Caishikou Department Store on Feb. 3, 2026. Photo: Caixin A leading Chinese gold retailer has restricted its buyback services after extreme price volatility spurred a rush among investors to liquidate their holdings. The Caishikou Department Store in Beijing, better known as Caibai, announced on Monday evening that it is tightening repurchase rules as global gold prices retreat from historic highs, revealing the operational risks jewelers face during periods of frantic selling.
March ICE NY cocoa (CCH26) today is up +83 (+1.97%), and March ICE London cocoa #7 (CAH26) is up +76 (+2.54%). Cocoa prices are moving higher for a second session today as slowing cocoa deliveries to ports in the Ivory Coast have prompted short covering in cocoa futures. Monday's cumulative data showed that Ivory Coast farmers shipped 1.23 MMT of cocoa to ports in the current marketing year (Octob...
March ICE NY cocoa (CCH26) today is up +83 (+1.97%), and March ICE London cocoa #7 (CAH26) is up +76 (+2.54%). Cocoa prices are moving higher for a second session today as slowing cocoa deliveries to ports in the Ivory Coast have prompted short covering in cocoa futures. Monday's cumulative data showed that Ivory Coast farmers shipped 1.23 MMT of cocoa to ports in the current marketing year (October 1, 2025, through February 1, 2026), down -4.7% from 1.24 MMT in the same period a year ago. The Ivory Coast is the world's largest cocoa producer. Don’t Miss a Day: Last Friday, NY cocoa dropped to a 2.25-year nearest-futures low, and London cocoa sank to a 2.5-year low, as abundant global supplies and slack demand keep pressure on cocoa prices. StoneX last Thursday forecasted a global cocoa surplus of 287,000 MT in the 2025/26 season and a 267,000 MT surplus for 2026/27. Also, the International Cocoa Organization (ICCO) reported on January 23 that global cocoa stocks rose 4.2% y/y to 1.1 MMT. Demand concerns have hammered cocoa prices as consumers continue to balk at the high price of chocolate. Last Wednesday, Barry Callebaut AG, the world's largest bulk chocolate maker, reported a -22% decline in sales volume in its cocoa division for the quarter ending November 30, citing "negative market demand and a prioritization of volume toward higher-return segments within cocoa." Grinding reports also showed weak demand. On January 15, the European Cocoa Association reported that Q4 European cocoa grindings fell -8.3% y/y to 304,470 MT, a bigger decline than expectations of -2.9% y/y and the lowest for a Q4 in 12 years. On December 16, the Cocoa Association of Asia reported that Q4 Asian cocoa grindings fell -4.8% y/y to 197,022 MT. Also, the National Confectioners Association reported Q4 North American cocoa grindings rose only +0.3% y/y to 103,117 MT. Since posting a 10.5-month low of 1,626,105 bags on December 26, ICE-monitored cocoa inventories held in US ports have reboun...
March WTI crude oil (CLH26) today is up +0.72 (+1.16%), and March RBOB gasoline (RBH26) is up +0.0355 (+1.92%). Crude oil and gasoline prices recovered from early losses today and moved higher as the dollar weakened. Also, ongoing US-Iran tensions are underpinning crude prices, as is a US-India trade deal that may require India to scale back imports of discounted Russian crude. Don’t Miss a Day: G...
March WTI crude oil (CLH26) today is up +0.72 (+1.16%), and March RBOB gasoline (RBH26) is up +0.0355 (+1.92%). Crude oil and gasoline prices recovered from early losses today and moved higher as the dollar weakened. Also, ongoing US-Iran tensions are underpinning crude prices, as is a US-India trade deal that may require India to scale back imports of discounted Russian crude. Don’t Miss a Day: Gains in crude are limited in hopes of de-escalation of US-Iranian tensions after President Trump said talks with Iran over a new nuclear deal could begin within days, after Iran signaled it was ready to engage. Turkey said it plans to hold high-level talks between the US and Iran on Friday. President Trump said he will roll back tariffs on India in return for an agreement that India would stop buying Russian oil. Deliveries of Russian crude into Indian ports fell to about 1.2 million bpd in December, the lowest in more than three years. Last Thursday, crude oil rallied to a 5.75-month high after President Trump said that US ships he ordered to the Middle East were ready to fulfill their mission “with speed and violence, if necessary” if Iran fails to agree to a nuclear deal. An attack on Iran, OPEC’s fourth-largest producer, could disrupt the country’s crude supplies and potentially close the Strait of Hormuz, through which about 20% of the world’s oil passes. An increase in crude exports from Venezuela is also boosting global oil supplies and is bearish for prices. Reuters reported on Monday that Venezuelan crude exports rose to 800,000 bpd in January from 498,000 bpd in December. Crude oil also has support after Russia recently threw cold water on hopes of a breakthrough in peace talks with Ukraine, after the Kremlin said the “territorial issue” remains unresolved with Ukraine, and there’s “no hope of achieving a long-term settlement” to the war until Russia’s demand for territory in Ukraine is accepted. The outlook for the Russia-Ukraine war to continue will keep restric...
March arabica coffee (KCH26) today is down -14.00 (-4.20%), and March ICE robusta coffee (RMH26) is down -193 (-4.79%). Coffee prices are extending their week-long plunge today, with arabica falling to a 5.5-month low and robusta sliding to a 6-week low. Coffee prices have been under pressure over the past week amid forecasts of steady rains in Minas Gerais, Brazil's main coffee-growing region. Ab...
March arabica coffee (KCH26) today is down -14.00 (-4.20%), and March ICE robusta coffee (RMH26) is down -193 (-4.79%). Coffee prices are extending their week-long plunge today, with arabica falling to a 5.5-month low and robusta sliding to a 6-week low. Coffee prices have been under pressure over the past week amid forecasts of steady rains in Minas Gerais, Brazil's main coffee-growing region. Above-average rainfall in Brazil has eased dryness concerns and is weighing on coffee prices. Somar Meteorologia reported on Monday that Brazil's largest arabica coffee-growing area, Minas Gerais, received 69.8 mm of rain during the week ended January 30, or 117% of the historical average. Don’t Miss a Day: Ample coffee supplies are a bearish factor for prices. On December 4, Conab, Brazil's crop forecasting agency, raised its total Brazil 2025 coffee production estimate by 2.4% to 56.54 million bags, from a September estimate of 55.20 million bags. Soaring coffee exports from Vietnam, the world's largest robusta producer, are bearish for robusta prices. Vietnam's National Statistics Office reported on January 5 that Vietnam's 2025 coffee exports jumped by +17.5% y/y to 1.58 MMT. Increased Vietnamese coffee supplies are negative for prices. Vietnam's 2025/26 coffee production is projected to climb +6% y/y to 1.76 MMT, or 29.4 million bags, a 4-year high. Also, the Vietnam Coffee and Cocoa Association (Vicofa) said on October 24 that Vietnam's coffee output in 2025/26 will be 10% higher than the previous crop year if weather conditions remain favorable. Vietnam is the world's largest producer of robusta coffee. The recovery in ICE coffee inventories is negative for prices. ICE-monitored arabica inventories fell to a 1.75-year low of 396,513 bags on November 18, but recovered to a 3.25-month high of 461,829 bags on January 7. Also, ICE robusta coffee inventories fell to a 13-month low of 4,012 lots on December 10 but recovered to a 2-month high of 4,662 lots last Monday. Shrink...
Lean hog futures posted Monday gains of 82 cents to $1.125 in the front months on Monday. USDA’s national base hog prices from the Monday PM report was at $106.83, up $3.22 from the day prior. The CME Lean Hog Index was down 36 cents on September 18 at $105.34. USDA’s FOB plant pork cutout report from Monday afternoon was up $1.25 at $113.30 per cwt. The rib and ham primals were the only reported ...
Lean hog futures posted Monday gains of 82 cents to $1.125 in the front months on Monday. USDA’s national base hog prices from the Monday PM report was at $106.83, up $3.22 from the day prior. The CME Lean Hog Index was down 36 cents on September 18 at $105.34. USDA’s FOB plant pork cutout report from Monday afternoon was up $1.25 at $113.30 per cwt. The rib and ham primals were the only reported lower. USDA estimated federally inspected hog slaughter on Monday at 490,000 head. That was steady with last Monday and 8,401 head above the same Monday last year. Don’t Miss a Day: Oct 25 Hogs closed at $98.800, up $0.825, Dec 25 Hogs closed at $88.750, up $1.125 Feb 26 Hogs closed at $90.700, up $0.900, More news from Barchart The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Win McNamee/Getty Images News Written by Sam Kovacs Introduction Silver crashed, Gold crashed, and Bitcoin crashed, but to me the headline news that needs a deep dive at the macro level is this: Trump has nominated Kevin Warsh to serve as chairman of the Fed, succeeding Jerome Powell. Everything tied to the "debasement trade" corrected hard, based on the idea that Mr Warsh is two things: 1. a hawk...
Win McNamee/Getty Images News Written by Sam Kovacs Introduction Silver crashed, Gold crashed, and Bitcoin crashed, but to me the headline news that needs a deep dive at the macro level is this: Trump has nominated Kevin Warsh to serve as chairman of the Fed, succeeding Jerome Powell. Everything tied to the "debasement trade" corrected hard, based on the idea that Mr Warsh is two things: 1. a hawk 2. a proponent of a smaller balance sheet. In this article, I will give you everything you need to know, so that we can go beyond the superficial profiles you can read in the financial media into truly understand Mr Warsh's motivations, his discourse, and where his plans will meet severe difficulty. Prepare yourself for a macro voyage. In all modesty, I believe this to be some of the most important reading of the week. Mr Warsh's background Kevin Warsh served as a member of the Fed between 2006 and 2011. At the time, that made him the youngest ever appointee at age 35. He was deeply involved in organizing the Fed's emergency response to the financial crisis in 2008. He openly supported the first round of quantitative easing (QE1) but then opposed the second round of asset purchases (QE2) in late 2010, saying that the risks surpassed potential benefits. Then Chairman Bernanke proceeded with QE2, which caused Warsh to resign in early 2011 in protest. His crisis experience, and decision to leave the Fed when he disagreed have given him a reputation as a pragmatic and steady hand. Warsh has long been viewed as an inflation hawk. He often argued against loose monetary policy in the aftermath of the GFC, often warning that inflation would accelerate as a consequence of it. It's important to note that history proved him wrong here, as no real inflation came in between 2009 and 2020, and it's only when a bazooka of stimulus and direct transfers came, in conjunction with supply chain friction, that inflation picked up in 2021-2023. Warsh's principled opposition of QE was the halmar...
vadishzainer/iStock via Getty Images The gold and silver sell-off was mainly a deleveraging unwind - leverage hit delivery limits, higher margins and risk controls, sparking forced selling and spillover into crypto. A bounce is possible, but recovery may be choppy, with tight term structure and downside-skewed vol. Prefer cash buffers and options structures: sell near-dated OTM puts and own longer...
vadishzainer/iStock via Getty Images The gold and silver sell-off was mainly a deleveraging unwind - leverage hit delivery limits, higher margins and risk controls, sparking forced selling and spillover into crypto. A bounce is possible, but recovery may be choppy, with tight term structure and downside-skewed vol. Prefer cash buffers and options structures: sell near-dated OTM puts and own longer-dated calls in gold, use layered hedges in silver, keep longer-dated downside protection in crypto, and size positions off realised volatility. Deleveraging Over the past fortnight, precious metals first went through a classic crowded-trade acceleration, then gave back gains even faster. On the surface, this resembles mean reversion; structurally, it looks far more like a deleveraging event. The sell-off was not driven by a single bearish headline, but by forced position reduction at the intersection of leverage, delivery constraints and risk controls. The key question is not whether the long-term thesis for gold or silver has changed, but why the market flipped so quickly from a one-way grind higher into a cascading unwind - and why that unwind spilled over into crypto and the broader risk-asset complex. January’s move had a historically extreme slope, pulling in trend-following and leveraged flows. At the same time, deliverable constraints in silver tightened materially: registered inventory coverage versus open interest (including the delivery-month lens) fell into a danger zone, while futures open interest expanded far faster than deliverable physical stocks could adjust. In that regime, prices are set more by expectations and leverage than by incremental end demand. The market’s core tension shifts from direction to structure, and delivery optionality becomes a risk factor rather than a mere contractual detail. As the delivery window approaches, the physical-delivery framework bites more rigidly into position management. Most speculative accounts cannot take delivery ...
The new U.S. dietary guidelines create a long-term tailwind for the meat giant. The U.S. Department of Health and Human Services released updated dietary guidelines in January that emphasize whole foods and protein while shunning added sugars and highly processed foods. The new guidelines recommend 1.2 grams to 1.6 grams of protein per kilogram of body weight from both animal and plant sources dai...
The new U.S. dietary guidelines create a long-term tailwind for the meat giant. The U.S. Department of Health and Human Services released updated dietary guidelines in January that emphasize whole foods and protein while shunning added sugars and highly processed foods. The new guidelines recommend 1.2 grams to 1.6 grams of protein per kilogram of body weight from both animal and plant sources daily, compared to the recommended dietary allowance of just 0.8 grams per kilogram. The updated guidelines are a sea change, and it's unequivocally good news for Tyson Foods (TSN 2.05%). A leader in animal protein Tyson generates most of its revenue from its beef, pork, and chicken segments. While the beef business is pressured by a historically small cattle herd and steep price increases, the chicken business is booming. In the first quarter of 2026, chicken volumes rose 3.7% year over year, compared to a 7.3% decline for beef. By 2030, the USDA predicts that poultry will account for roughly 50% of per-capita meat consumption in the United States. This trend could be amplified by the impact of the new dietary guidelines. Beyond shifts in consumer behavior, the National School Lunch Program is required to follow the guidelines and feeds nearly 30 million children each school day. Changes will take time to play out, but this is clearly a long-term positive for Tyson Foods. Outside of its meat business, Tyson Foods is ahead of the game in another way. The dietary guidelines recommend avoiding highly processed foods, especially those with artificial flavors, petroleum-based dyes, and artificial preservatives. In Tyson's prepared foods segment, the company has already been moving in that direction. In early 2025, Tyson removed all petroleum-based synthetic dyes from its branded products in the U.S. Last September, Tyson announced that it would remove high fructose corn syrup, sucralose, BHA, and titanium dioxide from its branded products in the U.S. by the end of 2025. "By simpli...
Key Points IREN's core thesis remains intact and continues to build as tech giants commit to higher AI spending. The company's AI data centers are a critical bottleneck for the AI industry. IREN will report earnings on Feb. 5, and investors are piling into the stock before it discloses quarterly results. 10 stocks we like better than Iren › Iren (NASDAQ: Iren) has been one of the most volatile art...
Key Points IREN's core thesis remains intact and continues to build as tech giants commit to higher AI spending. The company's AI data centers are a critical bottleneck for the AI industry. IREN will report earnings on Feb. 5, and investors are piling into the stock before it discloses quarterly results. 10 stocks we like better than Iren › Iren (NASDAQ: Iren) has been one of the most volatile artificial intelligence (AI) stocks of the year. The stock had multiple 10%+ price swings in both directions over the past few days as its earnings date approaches. The AI data center provider reports earnings on Feb. 5, where some investors speculate it will announce another lucrative deal with a hyperscaler. However, not every investor is waiting for earnings to come out. The stock is already up by more than 20% year to date as investor enthusiasm builds. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » The gigawatt demand is massive Iren's potential customers are big tech companies that need multiple gigawatts of power to fuel their AI ambitions. Meta Platforms (NASDAQ: META) stated in its Meta Compute plan that it aims to deploy hundreds of gigawatts of AI power over the coming decades. Microsoft (NASDAQ: MSFT) has a similar vision and touted AI as the next industrial revolution. Iren is one of the few companies that provides AI data centers and sufficient gigawatts of power. It has a 3-gigawatt pipeline, and its Sweetwater 1 project will be energized in April. That project has 1.4 gigawatts, putting it firmly ahead of fellow AI data center providers. Iren's data centers stand out from traditional data centers. AI data centers are specifically designed to handle AI workloads, while traditional data centers handle a range of tasks, such as web hosting and data storage. Iren's Microsoft deal demonstrates credibility Although investors are speculating that Iren may announce another big deal ...
TomasSereda/iStock via Getty Images Gold Resource ( GORO ) +14.4% in Tuesday's trading after saying the blockade previously restricting access to its Don David gold mine in Oaxaca, Mexico, has been lifted , allowing mining and processing operations to resume. The blockade was initiated two weeks ago by ~20 employees of four contractors whose agreements were terminated following notice from the CTM...
TomasSereda/iStock via Getty Images Gold Resource ( GORO ) +14.4% in Tuesday's trading after saying the blockade previously restricting access to its Don David gold mine in Oaxaca, Mexico, has been lifted , allowing mining and processing operations to resume. The blockade was initiated two weeks ago by ~20 employees of four contractors whose agreements were terminated following notice from the CTM union, the company said. Gold Resource ( GORO ) said the dispute was an internal matter between union factions and contractors and did not directly involve the company. Shares of precious metals miners are rising alongside gold and silver prices after two days of heavy selling. More on Gold Resource Corp. Gold Resource Corp. Q3 2025 Earnings Call Presentation Seeking Alpha’s Quant Rating on Gold Resource Corp. Financial information for Gold Resource Corp.