Cotton price action is up 20 to 27 points so far on Wednesday morning. Futures followed the Monday strength with Tuesday gains of 40 to 45 points at the close. Crude oil futures were back down $1.35 per barrel at $56.97. The US dollar index was up $0.353 at $98.335. Export sale commitments for cotton have reached 6.5 million RB as of 12/25, down 15% from the same week last year. That is 57% of the...
Cotton price action is up 20 to 27 points so far on Wednesday morning. Futures followed the Monday strength with Tuesday gains of 40 to 45 points at the close. Crude oil futures were back down $1.35 per barrel at $56.97. The US dollar index was up $0.353 at $98.335. Export sale commitments for cotton have reached 6.5 million RB as of 12/25, down 15% from the same week last year. That is 57% of the USDA estimate and well behind the 75% average pace to meet that projection. Don’t Miss a Day: The Seam’s online auction showed sales of 27,248 bales on January 5 at an average price of 59.70 cents/lb. The Cotlook A Index was down 25 points on Tuesday at 74.05 cents. ICE certified cotton stocks were steady on 1/5 with the certified stocks level at 11,510 bales. The Adjusted World Price was updated to 50.76 cents/lb last week, up 74 points from the week prior. Mar 26 Cotton closed at 65.06, up 41 points, currently up 28 points May 26 Cotton closed at 66.43, up 44 points, currently up 28 points Jul 26 Cotton closed at 67.74, up 43 points, currently up 28 points 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.
Corn price action is up 1 to 2 cents across most contracts on Wednesday morning. Futures failed to hold onto the midday gains on Tuesday, with contracts fractionally to 2 cents in the red. Preliminary open interest was down 17,277 contracts on the day. The CmdtyView national average Cash Corn price is up 1 3/4 cents at $4.08 ½. EIA data will be out later this morning, with some looking for steady ...
Corn price action is up 1 to 2 cents across most contracts on Wednesday morning. Futures failed to hold onto the midday gains on Tuesday, with contracts fractionally to 2 cents in the red. Preliminary open interest was down 17,277 contracts on the day. The CmdtyView national average Cash Corn price is up 1 3/4 cents at $4.08 ½. EIA data will be out later this morning, with some looking for steady to slightly lower ethanol output in the week ending last Friday. Don’t Miss a Day: Total export sales commitments are now at 50.538 MMT, which is now 30% larger than the same period last year. That is 62% of USDA’s estimate for the full marketing year and is ahead of the 60% average pace. Brazil’s trade ministry showed corn exports during December at 6.128 MMT, which was a 43.6% increase from the last year and up 21.75% from November. Mar 26 Corn closed at $4.44, down 1/2 cent, currently up 1 1/4 cents Nearby Cash was $4.05 1/4, down 1/2 cent, May 26 Corn closed at $4.51 1/4, down 3/4 cent, currently up 1 1/2 cents Jul 26 Corn closed at $4.57, down 1 1/4 cents, currently up 1 cent 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.
Lean hog futures closed with nearby February down 47 cents on Tuesday, with other contracts steady to a dime higher. Open interest was up 3,011 contracts on Tuesday. USDA’s national base hog price was reported at $76.36 on Tuesday afternoon, up $10 from the day prior. The CME Lean Hog Index was back down 23 cents on Jan 2 at $81.62. USDA’s pork carcass cutout value from the Tuesday AM report was $...
Lean hog futures closed with nearby February down 47 cents on Tuesday, with other contracts steady to a dime higher. Open interest was up 3,011 contracts on Tuesday. USDA’s national base hog price was reported at $76.36 on Tuesday afternoon, up $10 from the day prior. The CME Lean Hog Index was back down 23 cents on Jan 2 at $81.62. USDA’s pork carcass cutout value from the Tuesday AM report was $2.59 lower at $91.25 per cwt. All primals were reported lower. USDA estimated federal inspected hog slaughter for Tuesday at 495,000 head, taking the total to 993,000 head. That is 51,000 head above a week ago, and 57,696 head above the same week last year. Don’t Miss a Day: Feb 26 Hogs closed at $85.675, down $0.475, Apr 26 Hogs closed at $91.575, up $0.075 May 26 Hogs closed at $95.625, up $0.050, On the date of publication, Austin Schroeder did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Key Points IBM stock surged last year as the tech giant's strategy started to pay off. The AI business is booming, and IBM boosted its outlook as a result. The company laid out a detailed quantum computing roadmap and is a leader in the field. 10 stocks we like better than International Business Machines › Shares of International Business Machines (NYSE: IBM) had a stellar year in 2025. The stock ...
Key Points IBM stock surged last year as the tech giant's strategy started to pay off. The AI business is booming, and IBM boosted its outlook as a result. The company laid out a detailed quantum computing roadmap and is a leader in the field. 10 stocks we like better than International Business Machines › Shares of International Business Machines (NYSE: IBM) had a stellar year in 2025. The stock soared 34.7%, according to data provided by S&P Global Market Intelligence, beating the S&P 500 by a wide margin. The tech giant's booming AI business, as well as progress in commercializing quantum computers, helped drive the impressive gains last year. 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 » A differentiated AI strategy IBM has built its AI business around constructing solutions for its enterprise customers that tackle real-world problems. The company's consulting business leads the charge, with the bulk of IBM's AI bookings coming from consulting signings. The rest comes from software, namely the company's watsonx platform. IBM's AI book of business stood at $5 billion at the end of 2024. By the end of the third quarter of 2025, that figure had nearly doubled to $9.5 billion. Despite sluggish demand for some discretionary tech projects, AI growth was strong enough to prompt IBM to boost its full-year outlook. The company now expects constant-currency revenue to grow by more than 5% in 2025, along with $14 billion in free cash flow . IBM isn't participating in the AI data center build-out bonanza, nor is it training expensive frontier AI models. Instead, it's using AI to unlock productivity for enterprise clients. IBM CEO Arvind Krishna expects AI to unleash trillions of dollars of enterprise productivity over time. IBM plans to be a key enabler. At the center of the quantum computing revolution Quantum computers aren't useful for real-world ap...
Bottom Line Up Front: Warren Buffett warns investors that keeping it simple is a critical part of seeing success when investing. Buffett says that even if he spent years studying some of the most critical technology sectors on the planet, he still wouldn’t be able to tell which are winners and losers. Rather, he says he sticks to what he knows, and that has helped him consistently produce astronom...
Bottom Line Up Front: Warren Buffett warns investors that keeping it simple is a critical part of seeing success when investing. Buffett says that even if he spent years studying some of the most critical technology sectors on the planet, he still wouldn’t be able to tell which are winners and losers. Rather, he says he sticks to what he knows, and that has helped him consistently produce astronomical returns over decades. The Details: Legendary investor Warren Buffett has long challenged the idea that risk can be reduced to neat equations. In Berkshire Hathaway’s (BRK.B) (BRK.A) 1993 shareholder letter, the then-CEO offered a clear critique of finance theory that relies heavily on volatility-based measures such as beta. Buffett wrote, “The theoretician bred on beta has no mechanism for differentiating the risk inherent in, say, a single-product toy company selling pet rocks or hula hoops from that of another toy company whose sole product is Monopoly or Barbie.” This simple analogy reflects the reality that pet rocks and hula hoops were short-lived trends, while Monopoly and Barbie have been winners for decades. What makes one a winner and the other a loser? Buffett isn’t really sure, but that’s why he doesn’t step out of his wheelhouse. Rather, he makes sure to invest in what he knows well. Further helping improve his rate of success is that he often does not rush into decisions, and actively tries to only make a few good decisions in a lifetime. Buffett explains this concept by saying, “In many industries, of course, Charlie and I can't determine whether we are dealing with a 'pet rock' or a 'Barbie’. We couldn't solve this problem, moreover, even if we were to spend years intensely studying those industries.” Buffett continues, “Did we foresee thirty years ago what would transpire in the television-manufacturing or computer industries? Of course not. (Nor did most of the investors and corporate managers who enthusiastically entered those industries.) Why, then, ...
US services activity expanded in December at the fastest pace in more than a year, while US job openings fell in November to a more than one-year low and hiring slowed. Michael McKee breaks down the numbers on Bloomberg Television. (Source: Bloomberg)
US services activity expanded in December at the fastest pace in more than a year, while US job openings fell in November to a more than one-year low and hiring slowed. Michael McKee breaks down the numbers on Bloomberg Television. (Source: Bloomberg)
In early trading on Wednesday, shares of Intel topped the list of the day's best performing components of the S&P 500 index, trading up 5.1%. Year to date, Intel registers a 14.1% gain. And the worst performing S&P 500 component thus far on the day is First Solar, trading down 8.2%. First Solar is lower by about 5.6% looking at the year to date performance. Two other components making moves today ...
In early trading on Wednesday, shares of Intel topped the list of the day's best performing components of the S&P 500 index, trading up 5.1%. Year to date, Intel registers a 14.1% gain. And the worst performing S&P 500 component thus far on the day is First Solar, trading down 8.2%. First Solar is lower by about 5.6% looking at the year to date performance. Two other components making moves today are Western Digital, trading down 7.5%, and Valero Energy, trading up 4.3% on the day. VIDEO: S&P 500 Movers: FSLR, INTC The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The electric vehicle (EV) industry’s woes amplified last year after the Trump administration withdrew the $7,500 tax credit. The auto tariffs did not make things any better and put pressure on margins. For startup EV names, the tariffs meant a further increase in losses. This was a double blow for the U.S. EV industry, which was already battling slowing sales and massive production overcapacity, w...
The electric vehicle (EV) industry’s woes amplified last year after the Trump administration withdrew the $7,500 tax credit. The auto tariffs did not make things any better and put pressure on margins. For startup EV names, the tariffs meant a further increase in losses. This was a double blow for the U.S. EV industry, which was already battling slowing sales and massive production overcapacity, which ignited the price war. Specifically, Lucid Group (LCID) stock fell 65% last year and continued its dismal run. The stock, which was perhaps the most hyped special purpose acquisition company (SPAC) merger in 2021, has fallen every year since then. Lucid’s market capitalization is now below $4 billion, and the company trades at a fraction of its 2021 highs. Meanwhile, taking a leaf out of Tesla’s (TSLA) book, Lucid is also pivoting to robotaxis amid slowing EV sales. Could robotaxis save the day for LCID in 2026 and beyond? Let’s explore, beginning with the company's recent performance. Lucid Motors Met Its Revised 2025 Guidance Lucid Motors’ deliveries rose 55% to 15,841 units last year, and the company met its toned-down production guidance of 18,000 units. While the percentage gains might appear stellar considering the sorry state of the U.S. EV industry, where even market leader Tesla is struggling with deliveries, it comes from a low base. However, while Lucid’s EV deliveries have risen significantly, it continues to battle perennial losses and cash burn. For instance, its cost of revenues in the third quarter of 2025 was nearly twice the revenues it earned during the quarter. As for cash, Lucid Motors burned nearly $1 billion in the quarter. The recurring losses have meant that Lucid Motors has had to raise capital frequently, and these have invariably happened at progressively lower share prices, which has led to massive dilution. The partnership with Saudi Arabia’s Public Investment Fund (PIF) has meanwhile been nothing short of a lifesaver for Lucid. The cash-r...
vzphotos/iStock Editorial via Getty Images Micron Technology ( MU ) appears set to benefit from the tight supply of memory and higher pricing through at least the end of 2026, according to Piper Sandler. "As previously stated, supply for calendar 2026 is effectively sold out, with limited ability to
vzphotos/iStock Editorial via Getty Images Micron Technology ( MU ) appears set to benefit from the tight supply of memory and higher pricing through at least the end of 2026, according to Piper Sandler. "As previously stated, supply for calendar 2026 is effectively sold out, with limited ability to
Intel INTC shares climbed about 7% in Wednesday trading after an executive said the chipmaker is working on a new processor and platform focused on gaming, according to comments made at CES and reported by TechCrunch. Daniel Rogers, an Intel executive, said the company is developing a dedicated gaming processor alongside a broader gaming platform that will combine both hardware and software, accor...
Intel INTC shares climbed about 7% in Wednesday trading after an executive said the chipmaker is working on a new processor and platform focused on gaming, according to comments made at CES and reported by TechCrunch. Daniel Rogers, an Intel executive, said the company is developing a dedicated gaming processor alongside a broader gaming platform that will combine both hardware and software, according to a Tuesday press release-style briefing. The platform is expected to be built on Intel's Core Series 3 processors, which will serve as the foundation for the new gaming-focused offering. Rogers said Intel plans to share more details about the processor and platform later this year. The move signals a renewed push into gaming chips, an area where Intel has a long history dating back to the 1990s. The company is aiming to strengthen its competitive position against Advanced Micro Devices (AMD) and Nvidia (NVDA), both of which have expanded their gaming-focused processor portfolios in recent years. Investors believed that the plan was quite promising, as an expansionary tool in the face of the continuing high demand for both high-performance gaming hardware. The shares of Intel continued to ride the previous stock with some optimistic hopes regarding the timing and how it would be implemented.
Duluth (NASDAQ: DLTH) Q3 2024 Earnings Call , 9:30 a.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Good morning, and welcome to Duluth Trading's third quarter financial results conference call. [Operator instructions] Please note, this event is being recorded. I would now like to turn the conference over to Nitza McKee, senior associate, IR; IC...
Duluth (NASDAQ: DLTH) Q3 2024 Earnings Call , 9:30 a.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Good morning, and welcome to Duluth Trading's third quarter financial results conference call. [Operator instructions] Please note, this event is being recorded. I would now like to turn the conference over to Nitza McKee, senior associate, IR; ICR. Please go ahead. Nitza McKee -- Investor Relations Thank you, and welcome to today's call to discuss Duluth Trading's third quarter financial results. Our earnings release, which was issued this morning, is available on our investor relations website at ir.duluthtrading.com under Press Releases. I'm here today with Sam Sato, president and chief executive officer; and Heena Agrawal, senior vice president and chief financial officer. On today's call, management will provide prepared remarks, and then we will open the call to your questions. Before we begin, I would like to remind you that the comments on today's call will include forward-looking statements, which can be identified by the use of words such as estimate, anticipate, expect, and similar phrases. Forward-looking statements, by their nature, involve estimates, projections, goals, forecasts, and assumptions and are subject to risks and uncertainties that could cause actual results or outcomes to differ materially from those expressed in the forward-looking statements. Such risks and uncertainties include, but are not limited to, those that are described in our most recent annual report on Form 10-K and other SEC filings, as applicable. These forward-looking statements speak only as of the date of this conference call and should not be relied upon as predictions of future events. Don’t miss this second chance at a potentially lucrative opportunity Ever feel like you missed the boat in buying the most successful stocks? Then you’ll want to hear this. On rare occasions, our expert team of analysts issues a “Double D...
(RTTNews) - Private sector employment in the U.S. increased by slightly less than expected in the month of December, according to a report released by payroll processor ADP on Wednesday. ADP said private sector employment rose by 41,000 jobs in December after falling by a revised 29,000 jobs in November. Economists had expected private sector employment to climb by 47,000 jobs compared to the loss...
(RTTNews) - Private sector employment in the U.S. increased by slightly less than expected in the month of December, according to a report released by payroll processor ADP on Wednesday. ADP said private sector employment rose by 41,000 jobs in December after falling by a revised 29,000 jobs in November. Economists had expected private sector employment to climb by 47,000 jobs compared to the loss of 32,000 jobs originally reported for the previous month. "Small establishments recovered from November job losses with positive end-of-year hiring, even as large employers pulled back," said ADP chief economist Dr. Nela Richardson. The report said employment at large establishments crept up by 2,000 jobs, while small establishments added 9,000 jobs and employment at medium establishments increased by 34,000 jobs. ADP also said the rebound by private sector employment in December was led by the education and health services and leisure and hospitality sectors. With regard to wage growth, the report said pay for job-stayers rose 4.4 percent year-over-year in December, unchanged from November. The annual rate of pay growth for job-changers accelerated to 6.6 percent in December from 6.3 percent in November. On Friday, the Labor Department is scheduled to release its more closely watched monthly jobs report, which includes both public and private sector jobs. Economists currently expect employment to increase by 60,000 jobs in December after climbing by 64,000 jobs in November. The unemployment rate is expected to edge down to 4.5 percent from 4.6 percent. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Polymarket will supply Dow Jones with trading data under a new partnership, the latest in a string of deals between exchanges and media organizations that are putting prediction markets in front of a broader audience. Dow Jones, a division of the Murdoch family’s News Corp. , will publish the prediction data in news outlets such as the Wall Street Journal, Barron’s and Investor’s Business Daily, a...
Polymarket will supply Dow Jones with trading data under a new partnership, the latest in a string of deals between exchanges and media organizations that are putting prediction markets in front of a broader audience. Dow Jones, a division of the Murdoch family’s News Corp. , will publish the prediction data in news outlets such as the Wall Street Journal, Barron’s and Investor’s Business Daily, according to Polymarket. The companies expect to make an announcement later on Wednesday. Polymarket data will be displayed online and in print, and used in new features such as an earnings calendar showing expected results for publicly traded companies. The deal is the first media partnership for New York-based Polymarket. The company relaunched US service late last year following a hiatus prompted by a 2022 settlement with the Commodity Futures Trading Commission over its failure to register as a derivatives market. Prediction markets allow consumers to place wagers on everything from the outcome of a sporting event to the performance of financial markets. They have proved controversial, with many state regulators arguing they amount to unlicensed gambling. Read more: Bets on Maduro, Jesus Show Promise and Risks of Prediction Boom Kalshi Inc. , a Polymarket rival, earlier signed data distributions deals with CNBC and CNN. Dow Jones provides financial information and news through its wire service and through the Wall Street Journal. It competes with Bloomberg News and its parent, Bloomberg LP.
Aktis Oncology Inc. increased the size of its initial public offering by 50%, and drew interest from Eli Lilly & Co. for $100 million of shares in the listing. The clinical-stage biotechnology company, whose backers include MPM BioImpact and Vida Ventures, upsized its IPO to 17.65 million shares from 11.78 million, according to a filing Wednesday with the US Securities and Exchange Commission. Eli...
Aktis Oncology Inc. increased the size of its initial public offering by 50%, and drew interest from Eli Lilly & Co. for $100 million of shares in the listing. The clinical-stage biotechnology company, whose backers include MPM BioImpact and Vida Ventures, upsized its IPO to 17.65 million shares from 11.78 million, according to a filing Wednesday with the US Securities and Exchange Commission. Eli Lilly is interested in acquiring the shares at the IPO price, with shares being marketed for $16 to $18 each. At the maximum price, the IPO would raise $317.7 million, and give Aktis a market value of $945.4 million, according to Bloomberg calculations. The IPO has attracted orders for multiple times the number of available shares, and has attracted sizable interest from new and existing investors, according to people familiar with the matter. Banks will stop taking orders at 4 p.m. on Wednesday in New York, and the offering is on track to price Thursday after the market closes, the people said. Deliberations are ongoing and details of the IPO could still change, the people said, asking not to be identified as the information isn’t public. A representative for Aktis didn’t immediately respond to a request for comment. The proposed listing comes amid a busy slate of possible debuts in the first months of 2026. Diabetes-management firm MiniMed Group Inc. is planning an IPO following its separation from health-care giant Medtronic Plc , while construction-equipment rental company EquipmentShare.com Inc. and Arko Petroleum Corp. filed for IPOs in December. Read More: Space, AI and Crypto Candidates Lead US IPOs to Watch This Year Founded in 2021, Atkis is focused on developing targeted therapies that use alpha-emitting radioactive agents to treat solid tumors. The company incurred a net loss of $48.6 million on revenue of $4.6 million for the nine months ended Sept. 30, compared with a net loss of $31.9 million on revenue of $554,000 a year earlier, the filing shows. Atkis ent...