Soybeans are in rally mode, with contracts 10 to 12 cents higher so far. The cmdtyView national average Cash Bean price is up 11 cents at $10.91 1/4. Soymeal futures are $2.70 to $3.30 high on the day, with Soy Oil futures up 100 to 110 points. NOPA data from...

The wheat complex is reverting from early weakness to post marginal midday gains. Chicago SRW futures are fractionally to 2 cents higher. KC HRW futures is showing 1 to 3 cent gains at midday. MPLS spring wheat is fractionally higher. The next 7 days are expected to remain dry from...

watch now VIDEO 4:02 04:02 Oil flows through Hormuz remain quite low, says Goldman Sachs' Daan Struyven Squawk on the Street The Middle East war has damaged as much as $58 billion worth of energy infrastructure, according to an estimate published by consulting firm Rystad Energy on Wednesday. Iran has attacked the oil and gas infrastructure of its Gulf Arab neighbors including production facilities, refineries and pipelines among other targets. Israel has bombed natural gas and petrochemical facilities in Iran. More than 80 energy facilities have been attacked in all since the U.S. and Israel launched the war on Iran on Feb. 28, said Fatih Birol, executive director of the International Energy Agency. More than a third of those are severely damaged, Birol said. "This is one of the most critical issues and different than the past — many of the facilities are badly damaged," the IEA chief said Monday at an Atlantic Council event in Washington, D.C. It could take as long as two years to repair facilities and restore oil-and-gas production to pre-war levels, he said. At a minimum, the repair bill for any damage is at least $34 billion, Rystad estimated. The extent of the damage is still not clear at some facilities, the firm said. The final bill will depend on whether the damage to those assets is more limited or structural. At the same time, the amount of equipment needed for the repair work will stress global energy supply chains, said Karan Satwani, a senior analyst for supply chain research at Rystad. Iran's infrastructure has absorbed the biggest hit, with repair costs potentially coming in at $19 billion, Rystad estimates. Qatar also faces steep costs after Iran struck its key liquified natural gas (LNG) facility. Attacks on energy facilities escalated after Israel bombed Iran's South Pars natural gas complex on March 18. Iran retaliated by attacking the world's largest LNG facility in Qatar, damaging two production lines responsible for 17% of the small Gulf state...

Check out the companies making headlines yesterday:

Stocks making big moves yesterday: Globalstar, Tesla, HighPeak Energy, Shopify, and TransDigm Yahoo Finance

Michael Saylor领导的Strategy公司（MSTR）正在调整其持续增持比特币（BTC-USD）的融资方式，其最新举措标志着资本策略的显著转变。根据提交给美国证券交易委员会的文件，该公司自2025年7月推出高收益证券以来，首次完全通过其“Stretch”永续优先股为每周10亿美元的比特币购买提供资金。这些购买发生在截至4月12日的七天内，巩固了Strategy作为比特币最大企业持有者的地位。 这一变化发生之际，该公司传统的基于股权的融资方式似乎已变得不那么有效。Strategy此前依赖发行普通股，其股价与比特币之间的溢价为其提供了支持，在市场状况较好时有助于限制稀释。随着比特币从去年10月的峰值下跌，这一溢价已经收窄，增加了投资者对稀释的敏感度。作为回应，该公司更加倚重优先股——优先股不会稀释普通股股东，但其STRC证券附带11.5%的股息。 这一转变引入了不同的权衡。虽然它可能减轻稀释担忧，但也增加了固定的财务义务，可能在加密货币波动期间加大压力。Strategy在先前的一次低迷期间建立了22.5亿美元的现金储备以帮助管理流动性风险，并且在当前环境下，随着其他企业持有者和高净值个人减少敞口，Strategy仍是少数重要的买家之一。该公司持有价值约550亿美元的比特币，而其股价在过去一年中下跌约56%，尽管最近上涨1.6%至130.22美元，同期比特币上涨不到1%至71，800美元。 责任编辑：张俊 SF065

Exclusive: Fed's Musalem says oil shock likely to keep core inflation near 3%, rates on hold for some time Reuters

EchoStar (SATS) is a telecom holding company that operates Dish TV, Sling TV and Boost Mobile and recently sold wireless spectrum assets to AT & T and SpaceX. The company now reportedly holds roughly $11 billion worth of SpaceX stock, making SATS, in some ways, a leveraged way to gain exposure to the potential SpaceX IPO. SATS was just added to the S & P 500 in March, as well, so the stock could be getting a lot more attention soon. That fundamental backdrop is notable, but it is the recent price action that caught our eye. The stock's recent advance the last few days helped complete the right shoulder of the potential inverse head-and-shoulders pattern shown here. As this chart makes clear, SATS has shown a tendency over the past year to produce strong upside follow-through after breaking out from similar multi-week bullish formations. If momentum returns to the stock in the near term, another bullish breakout and upside extension could follow. The upside target is up near $160, with a suggested stop loss near last week's low of $117.5. SATS next reports earnings in early May. This next chart shows exactly how quickly momentum has found its way into SATS over the last year. It could offer a useful example of what to expect this time around as well. In particular, in August and again December, the stock broke out from a multi-week consolidation pattern. At the time of each breakout, its 14-day relative strength index, shown in the bottom panel, was only just approaching overbought territory, or 70 on the indicator scale. It was not until after the breakout, once price began to accelerate, that momentum really kicked into gear. As noted here, the gains from each breakout zone to the peak of the respective move totaled more than +70% in a very short period of time. That, in turn, produced extremely overbought readings, with RSI hitting 90 last fall and close to 90 again in December. We are not suggesting that the exact same move will repeat this time. But stocks do ha...

黎巴嫩真主党政治委员会副主席马哈茂德·卡迈提15日在接受黎巴嫩新电视台采访时表示，黎真主党同意停火，但不接受2024年黎以签订停火协议后，黎方履约而以方逃避责任的局面重演。(新华社)

Microsoft is expanding its AI infrastructure in Europe and the US, securing over 30,000 Nvidia GPU slots in Norway that were previously expected to support OpenAI's Stargate project. The company is also acquiring land in Wyoming to build additional data center capacity for cloud and AI services. These moves increase Microsoft's control over high value AI compute resources and could influence how large enterprises choose cloud providers. Microsoft (NasdaqGS: MSFT) is leaning further into AI...

Source: Bloomberg, 0:35

Nubank 进军美国市场，可能标志着其迄今最具雄心的扩张之一。该公司正寻求在一个竞争远为激烈的市场中复制其在拉丁美洲的增长。在1月底获得开展某些银行业务的有条件批准后，Nubank正以约18个月为潜在推出时间表，同时努力获取国家银行牌照。此举实施之际，Nubank通过在巴西、墨西哥和哥伦比亚拓展信贷业务，已成长为市值720亿美元的公司，尽管其全球客户超过1.3亿，但在美国实际上将从零开始。 联合创始人Cristina Junqueira正坐镇迈阿密领导这一扩张行动，她曾凭借一套品牌建设策略帮助Nubank覆盖了巴西超过60%的成年人口，并积累了逾400亿美元的存款。她本人在美国办理银行业务时遇到的挑战，似乎正在塑造Nubank的策略——该策略可能侧重于简化信用卡和个人贷款等产品的获取渠道。与此同时，该公司正大力投资提升知名度，包括获得梅西所在的迈阿密国际足球俱乐部体育场的冠名权，以及旨在触达年轻和数字原生客户的更广泛的合作伙伴关系。 从投资角度来看，如果执行得当，美国市场的机会可能意义重大。花旗集团估计，如果Nubank能在加利福尼亚、得克萨斯和佛罗里达等州获得约2%的市场份额，到2030年其在美国可打造出一项价值210亿美元的业务，预计净资产收益率为20%，而美国全国平均水平为12%。该战略还可能包括利用跨境能力，特别是美国与拉丁美洲之间的汇款业务，这可以作为一种客户获取工具。虽然在美国建立品牌可能是Nubank最艰巨的挑战之一，但其低成本的数字模式以及在新兴市场的成功先例表明，它或许有一条与传统银行竞争的道路。 责任编辑：张俊 SF065

In this article AMZN Follow your favorite stocks CREATE FREE ACCOUNT An automated bar code reader scans packages prepared for shipping at an Amazon fulfillment center on Cyber Monday in Robbinsville, New Jersey, US, on Monday, Dec. 1, 2025. Michael Nagle | Bloomberg | Getty Images For Amazon sellers that account for over 60% of goods sold on the e-retailer's sprawling marketplace, times would be tough no matter what right now. The Trump administration's high tariffs on imports have created a year of hardship, and the recent war with Iran has led to a spike in energy costs, further pressuring merchants to either raise prices on struggling consumers or eat the losses. As if that's not enough, Amazon is implementing a new set of policies that some sellers say make doing business on the platform increasingly untenable. In recent weeks, Amazon has changed how it pays out seller earnings and collects payments for its advertising services. The company then announced it would start charging merchants a 3.5% fuel surcharge to offset surging oil prices from the Iran war. To some sellers, the moves represent another example of Amazon putting the squeeze on them. "We're running out of f---ing margin," said Michael Patrón, who runs an eight-figure Amazon business and frequently criticizes the company's policies on his X account . "I think that's why it keeps getting more and more frustrating." Patrón and hundreds of large Amazon sellers are boycotting its advertising platform on Wednesday to protest the recent policy changes that are strangling their already stretched bottom lines. The 24-hour advertising boycott is being organized by Million Dollar Sellers , a community of more than 700 members that collectively generate about $14 billion in revenue. "Sellers have complained for years, but this feels different," MDS cofounder Eugene Khayman said in a post on X about the boycott. "The reason is simple: this is no longer just about irritation. It is about cash extraction." Amazon...

Macquarie upgraded CoreWeave, citing its new deals, including an agreement with Anthropic.

Andrii Yalanskyi/iStock via Getty Images We all have an idea of what a real estate investment should look like. For most folks, this looks something like owning a cash flow producing asset that delivers rent checks. The combination of monthly rent and long term capital appreciation supported by factors like market rent growth and inflation is what makes real estate such an appealing investment. Whether people are looking to buy a house to rent, apartments, an office building, the warehouse, or something else entirely, they quickly learn that a commercial asset is much more like running a business than a passive investment. The promise of passive income is quickly spoiled by the need to retain and vacant space, perform repairs and maintenance, another task to quickly eat into your time let alone bottom line. This leads people to the world of REITs. Although individual REITs are diversified across hundreds or thousands of assets, there is still a clear degree of business risk. Perhaps the best example is a company like Alexandria Real Estate ( ARE ), which has seen massive price declines and dividend cuts despite still owning high quality assets. Data by YCharts The past five years have uncovered a volatile REIT environment where many fan favorites have run into trouble. It seems like REIT picking has become considerably more difficult. So, where do we go from here? I propose you consider the Cohen & Steers Quality Income Realty Fund ( RQI ) from Cohen & Steers ( CNS ). Why RQI? In the past , I have covered RQI from a variety of angles. While touching on different parts of the fund, my core thesis has remained that it is simply the closest thing we can get to what I imagine a real estate investment should be. Zooming back just a couple of paragraphs, we all want something that includes high current income with long-term capital appreciation. This is just what RQI has been able to deliver. Data by YCharts RQI is structured as a closed end fund with a flexibly assembled...

花旗表示，随着人工智能需求初现早期信号，ServiceNow公司（NOW）第一季度利润有望小幅超出预期。 分析师指出，合作伙伴调查显示业绩略好于预期，但仍存在部分合同延迟和联邦支出疲软的情况。与此同时，CIO调查数据显示，IT预算保持稳定，支出与明确投资回报之间的关联日益紧密。在这方面，ServiceNow的工作流自动化平台被认为处于有利位置。 该公司将于4月22日公布财报。分析师预计每股收益为0.97美元，营收为37.5亿美元。 AI正成为越来越核心的话题。花旗表示，企业正开始更直接地采用ServiceNow的AI驱动工作流解决方案，这可能有助于公司的长期增长。不过，由于不确定AI的采用将以多快的速度转化为稳定的收入增长，该公司确实小幅下调了长期预期。 对投资者而言，当前格局较为合理。近期业绩可能好于预期，但主要焦点将放在业绩指引以及AI需求以多快速度形成实质性增长上。 责任编辑：张俊 SF065

Earnings Call Insights: The PNC Financial Services Group (PNC) Q1 2026 Management View “We completed the acquisition of FirstBank early in the quarter, and we're well on our way to a mid-June conversion,” said “Organic loan growth hit a 3-year high, net interest margin expanded meaningfully, and we had 13% year-over-year fee income growth” (Chairman & CEO William Demchak). “We are not seeing anything that suggests these issues are broadly impacting our customers or our credit quality in the near term,” Demchak said, adding on nondepository financial institution exposure: “we don't see any loss content in this book and certainly don't see any exposure to a systemic event.” (Chairman & CEO Demchak). “As a result, our overall balance sheet growth includes the impact of the acquisition, which represented $15 billion in loans and $22 billion in deposits,” and “during the quarter, we returned $1.4 billion of capital to shareholders,” including “approximately $700 million each” in dividends and buybacks (Executive VP & CFO Robert Reilly). Outlook “Our outlook for the second quarter of 2026 compared to the first quarter of 2026 is as follows: we expect average loans to be up 2% to 3%, net interest income to be up approximately 3%, fee income to be up 2.5%, other noninterest income to be in the range of $150 million to $200 million,” and “we expect total revenue to be up approximately 3.5%” (Executive VP & CFO Reilly). “Our outlook for the full year 2026 compared to 2025 results is as follows: we expect full year average loan growth to be up approximately 11%,” “full year net interest income to be up approximately 14.5%,” “noninterest income to be up approximately 6%,” and “total revenue to be up approximately 11%” (Executive VP & CFO Reilly). Change vs. prior-quarter framing: in Q4 2025, Reilly said, “We expect the Fed to cut rates 2x in 2026,” while in Q1 2026, Reilly updated, “We do not expect the Federal Reserve to cut rates during 2026” (Executive VP & CFO Reilly). Fina...

AMD's MI450 chip could change everything for the stock. Here's what investors need to know before it launches MSN

美国圣路易斯联储主席穆萨莱姆（Alberto Musalem）周三表示，高油价可能会使今年剩余时间的潜在通胀率比美联储2%的目标高出近一个百分点，美国央行可能需要维持利率不变。 “我们可能会看到油价向核心通胀的某种传导，”到今年年底，这一衡量价格上涨的潜在指标预计将“略低于3%，或在3%左右”，而美联储的目标为2%，且存在甚至更高的风险。 美联储可能会在“一段时间内”将政策利率维持在目前3.50%-3.75%的区间，并在未来几个月观察通胀、就业和经济数据。这一观点得到了他许多同事的认同。（路透）

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. The S & P 500 on Wednesday made a new intraday high for the year, as the rebound from the Iran war sell-off continued. At one point, the S & P 500 climbed above 7,000. To take out its record closing high set on Jan. 27, the index needs to close above 6,978.6. Powering the index higher Wednesday was strength in megacap tech, including Apple , Meta Platforms , Broadcom , Tesla and Microsoft . Beaten-down enterprise software names also rallied, with laggards such as Club name Salesforce and ServiceNow extending their rebound from multiyear lows. As tech outperformed, the market rotated away from the sectors that carried the index through the beginning of the year. Industrials was the worst performing S & P 500 sector in the session, with Barclays industrial analyst Julian Mitchell flagging that recent changes in Section 232 metal tariffs might have a larger impact on the group than what investors are ready for. The change happened this month, explaining why we didn't hear any CEOs talk about it during conference season. We'll be watching this closely as industrial earnings roll in next week, staying flexible as we assess which companies are least affected and who could face the most pressure. Club names Dover and Eaton dropped about 2% apiece Wednesday. Honeywell was off about 1%. CoreWeave landed another big partner on Wednesday, announcing that Jane Street has committed to approximately $6 billion to use the CoreWeave AI cloud platform. The deal will provide Jane Street, a large quantitative trading firm, with access to next-generation compute across multiple facilities, including Nvidia's forthcoming Vera Rubin chips. While we don't have a position in CoreWeave, deals like this speak to how AI is impacting so many different industries and, in many cases, Nvidia's AI platform is the technology of c...

【有線新聞】巴塞羅那網球公開賽，頭號種子艾卡拉斯次圈因傷退賽，而諾利就晉身八強。 橙色褲的諾利次圈對美國的昆恩，首盤保住發球局，把握一次機會破發，先贏6比4。這位英國球手第二盤失守，落後2比5反撲連追兩局，但第10局擋不住昆恩強攻，再被破發，輸回一盤4比6。30歲的諾利經驗較年輕8歲的昆恩豐富，一板精彩直線。排名24的諾利第三盤控制形勢下贏6比4，打了兩個半小時，盤數2比1晉級，八強對西班牙的祖達。