Corn price action is up 2 to 3 cents in most contracts. Futures closed the Tuesday trade with contracts 1 ½ to 3 cents higher on the session. Preliminary open interest was down 3,986 contracts, mostly rolling out of May, down 28,957. May options expire on Friday. The CmdtyView national...
Corn price action is up 2 to 3 cents in most contracts. Futures closed the Tuesday trade with contracts 1 ½ to 3 cents higher on the session. Preliminary open interest was down 3,986 contracts, mostly rolling out of May, down 28,957. May options expire on Friday. The CmdtyView national...
On The Investor’s Podcast (formerly known as We Study Billionaires), investor Daniel Mahncke made a claim worth stopping on: MercadoLibre has achieved “the longest ever streak of quarters with over 30% year over year revenue growth to 28 consecutive quarters. And at Meli’s size, that’s an insane number. And Meli’s actually the only company ever ... MercadoLibre Just Did What No Company Ever Has: 2...
On The Investor’s Podcast (formerly known as We Study Billionaires), investor Daniel Mahncke made a claim worth stopping on: MercadoLibre has achieved “the longest ever streak of quarters with over 30% year over year revenue growth to 28 consecutive quarters. And at Meli’s size, that’s an insane number. And Meli’s actually the only company ever ... MercadoLibre Just Did What No Company Ever Has: 28 Consecutive Quarters of 30%+ Revenue Growth
Jetlinerimages/iStock Unreleased via Getty Images American Airlines is scheduled to report its Q1 earnings on April 22, before market open, with analysts expecting a 22% rise in the company’s profits. The consensus EPS estimate is -$0.46, while revenue is expected to jump 9% to $13.75B. Over the last 3 months, EPS estimates have seen 17 downward moves but no upward revisions . Revenue estimates ha...
Jetlinerimages/iStock Unreleased via Getty Images American Airlines is scheduled to report its Q1 earnings on April 22, before market open, with analysts expecting a 22% rise in the company’s profits. The consensus EPS estimate is -$0.46, while revenue is expected to jump 9% to $13.75B. Over the last 3 months, EPS estimates have seen 17 downward moves but no upward revisions . Revenue estimates have seen 10 upward revisions and 1 downward move. The firm had guided Q1 CASM (excluding fuel, excluding profit sharing, and net special items) to be up between 3% and 5%. For the full year, adjusted earnings per diluted share were projected in the range of $1.70 to $2.70, while capacity for the period is seen rising 3% to 5% year-over-year. However, investors will be keenly looking out for the management’s comments on United Airlines’ ( UAL ) merger bid. The company had earlier denied merger talks, saying it was not interested. Earlier this month, United CEO Scott Kirby discussed with senior government officials a possible merger with American Airlines ( AAL ), as per Bloomberg. American Airlines has shown consistent underperformance and is characterized by high debt and limited strategic flexibility. Analysts are not optimistic about the merger, arguing that despite operational gains, the deal faces complex antitrust issues, unattractive financials, and disproportionate risk, making the combination inadvisable. “Looking at the financial metrics, there can be synergies once combined, but American Airlines brings an extremely high debt load with it. The subpar cash flow and margin performance is likely why United Airlines would be interested in American Airlines in the first place, but it brings a lot of execution risk,” Seeking Alpha analyst Dhierin Bechai said. Over the last 2 years, AAL has beaten EPS estimates 75% of the time and has beaten revenue estimates 75% of the time. The stock has declined by over 23% in the year so far. More on American Airlines United Airlines ...
Meta employees' activity at work is now being used to train the company's AI agents. As reported by Reuters , Meta is installing a tool it calls Model Capability Initiative (MCI) on US-based employees' computers that runs in work-related apps and websites, recording mouse movements, clicks, keystrokes, and occasional screenshots. The data from this tool will be used to train the company's AI model...
Meta employees' activity at work is now being used to train the company's AI agents. As reported by Reuters , Meta is installing a tool it calls Model Capability Initiative (MCI) on US-based employees' computers that runs in work-related apps and websites, recording mouse movements, clicks, keystrokes, and occasional screenshots. The data from this tool will be used to train the company's AI models to get better at interacting with computers the way humans do, including automating work tasks like those Meta's employees perform on the job. According to Reuters , the data from MCI won't be "used for performance assessments." "If we're buildin … Read the full story at The Verge.
An index tracking semiconductor stocks is on track for its all-time longest streak of daily gains, as investors anticipate strong growth for the sector driven by demand related to artificial intelligence. The Philadelphia Stock Exchange Semiconductor Index rose as much as 1.9% on Wednesday. If it closes higher, that would mark its 16th straight positive session — its longest such streak on record ...
An index tracking semiconductor stocks is on track for its all-time longest streak of daily gains, as investors anticipate strong growth for the sector driven by demand related to artificial intelligence. The Philadelphia Stock Exchange Semiconductor Index rose as much as 1.9% on Wednesday. If it closes higher, that would mark its 16th straight positive session — its longest such streak on record — based on data that goes back to 1994. Over the course of the rally, the index has climbed 37%, putting April on track for the biggest one-month percentage gain since February 2000. The rally is just the latest example of chips leading the broader market. The introduction of ChatGPT, which ignited the modern AI era, spurred the years-long trend. Major companies are spending aggressively on AI-related infrastructure, fueling growth for chips in particular. “There’s a huge amount of demand because of artificial intelligence, and I think we can expect the heavy spending on AI to continue for the foreseeable future,” said Mark Grant , chief global strategist at Alliance Global Partners. “I think the sector still looks attractive in terms of both valuation and growth, and that should be positive for both semiconductor stocks broadly, but also the market overall.” The semiconductor sector is expected to grow revenue by about 57% in 2026, according to Bloomberg Intelligence data , which is twice the pace of the overall tech sector, and well above the 9.3% growth expected for the S&P 500 Index. Nvidia Corp. in particular has emerged as not only the poster child for both the sector and AI, but arguably the economy overall. The chip-maker has soared more than 1,200% over the past five years, becoming the world’s largest company in the process, with a market capitalization near $5 trillion. Other major winners of the AI era include Broadcom Inc. , up nearly 800% over the past five years; Micron Technology Inc. , up more than 400%; and Advanced Micro Devices Inc. , which has gained ab...
After almost three hours on their feet and the finish line in sight, two runners sacrificed personal bests to come to the rescue of an exhausted competitor at the Boston Marathon.
After almost three hours on their feet and the finish line in sight, two runners sacrificed personal bests to come to the rescue of an exhausted competitor at the Boston Marathon.
Infosys said the integration will be used to help its clients modernize software development, automate workflows and deploy AI systems, initially focusing software engineering, legacy modernization, and DevOps.
Infosys said the integration will be used to help its clients modernize software development, automate workflows and deploy AI systems, initially focusing software engineering, legacy modernization, and DevOps.
peshkov/iStock via Getty Images It is “very hard to not be bullish right now” across U.S. stocks, crypto, and artificial intelligence, according to Anthony Pompliano, chairman and CEO of ProCap Financial. In an interview with CNBC, Pompliano dismissed concerns about inflation and geopolitical tensions, arguing that data points to an American economy experiencing a “manufacturing renaissance” and e...
peshkov/iStock via Getty Images It is “very hard to not be bullish right now” across U.S. stocks, crypto, and artificial intelligence, according to Anthony Pompliano, chairman and CEO of ProCap Financial. In an interview with CNBC, Pompliano dismissed concerns about inflation and geopolitical tensions, arguing that data points to an American economy experiencing a “manufacturing renaissance” and economic boom that should benefit stocks ( SP500 ), ( COMP:IND ), ( DJI ), crypto ( BTC-USD ), ( ETH-USD ), and related assets over the next 12 months. He spoke about the launch of an AI-first financial research product on prediction markets in partnership with Kalshi ( KALSHI ). Pompliano explained that his firm’s AI system has uncovered a rare historical market pattern that suggests significant gains ahead. The AI system, according to Pompliano, excels at sifting through “mountains and mountains of data” to find undiscovered insights. He pointed to one striking finding: the stock market has posted three consecutive weeks of gains of 3% or more, something that has only happened three times in the past 76 years. Following those previous instances, the market returned an average of 33% over the subsequent 12 months. On Bitcoin ( BTC-USD ) specifically, Pompliano made the case that the cryptocurrency has established itself as the “king of safe haven assets.” He cited research showing that in every financial crisis since 2020—including the banking crisis, COVID, tariffs, and geopolitical conflicts—Bitcoin ( BTC-USD ) outperformed stocks, gold, cash, and treasuries within 60 days of each crisis beginning. “I think that the market is saying that something like Bitcoin ( BTC-USD ) is an asset that they want to hold during times of uncertainty,” he said. Acknowledging Bitcoin’s ( BTC-USD ) volatility, Pompliano expressed confidence that the cryptocurrency likely bottomed at $60,000 and will reach new all-time highs within the next two to three years. He revealed that both he person...
Orrstown Financial ( ORRF ) declares $0.30/share quarterly dividend , in line with previous. Forward yield 3.17% Payable May 12; for shareholders of record May 5; ex-div May 5. See ORRF Dividend Scorecard, Yield Chart, & Dividend Growth. More on Orrstown Financial Orrstown Financial Services, Inc. 2025 Q4 - Results - Earnings Call Presentation Orrstown Financial Services, Inc. (ORRF) Q4 2025 Earni...
Orrstown Financial ( ORRF ) declares $0.30/share quarterly dividend , in line with previous. Forward yield 3.17% Payable May 12; for shareholders of record May 5; ex-div May 5. See ORRF Dividend Scorecard, Yield Chart, & Dividend Growth. More on Orrstown Financial Orrstown Financial Services, Inc. 2025 Q4 - Results - Earnings Call Presentation Orrstown Financial Services, Inc. (ORRF) Q4 2025 Earnings Call Transcript Orrstown Financial GAAP EPS of $1.12 beats by $0.11, revenue of $64.58M beats by $14.18M Orrstown outlines 5% loan growth target for 2026 while expanding fee income and capital investments Seeking Alpha’s Quant Rating on Orrstown Financial
Blackstone Private Credit Fund is selling investment-grade notes, as private lenders known as business development companies ramp up debt issuance after a dry spell. Initial price talk on the five-year notes is a spread of about 2.55 percentage points above the benchmark, according to a person with direct knowledge of the matter. The deal adds to a string of similar deals at a time when worries ab...
Blackstone Private Credit Fund is selling investment-grade notes, as private lenders known as business development companies ramp up debt issuance after a dry spell. Initial price talk on the five-year notes is a spread of about 2.55 percentage points above the benchmark, according to a person with direct knowledge of the matter. The deal adds to a string of similar deals at a time when worries about AI-disrupted software bets and looser lending standards have roiled the once red-hot private credit fund industry. On April 13, Blue Owl Capital Corp. sold $400 million of notes in what was the first business development high-grade bond deal since February — the offering was purchased entirely by Pacific Investment Management Co . A day later, a Goldman Sachs Group Inc. private credit fund raised $750 million. Read more: As Blue Owl’s Strains Worsened, Its Bankers Pitched a Long Shot Blackstone Private Credit Fund last tapped the market in January, when it raised $700 million. Deutsche Bank AG , Morgan Stanley , Mitsubishi UFJ Financial Group Inc, Royal Bank of Canada and Wells Fargo Securities are the bookrunners on the new deal, which is expected to price Wednesday. This story was produced with the assistance of Bloomberg Automation
The CBOE Volatility Index (^VIX) slipped to the 19 level on Wednesday morning, down roughly 2.5%, signaling fear has subsided. Traders and investors appear to be anticipating smoother sailing ahead. President Trump’s decision to extend the ceasefire with Iran has helped, providing a positive catalyst for stocks to move higher. The CBOE Volatility Index (^VIX) ... The VIX Hasn’t Been This Calm Sinc...
The CBOE Volatility Index (^VIX) slipped to the 19 level on Wednesday morning, down roughly 2.5%, signaling fear has subsided. Traders and investors appear to be anticipating smoother sailing ahead. President Trump’s decision to extend the ceasefire with Iran has helped, providing a positive catalyst for stocks to move higher. The CBOE Volatility Index (^VIX) ... The VIX Hasn’t Been This Calm Since March. Here’s Why Traders Are Breathing Easier.
Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern speak daily with leaders and decision makers from Wall Street to Washington and beyond. No other program better positions investors and executives for the trading day. (Source: Bloomberg)
Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern speak daily with leaders and decision makers from Wall Street to Washington and beyond. No other program better positions investors and executives for the trading day. (Source: Bloomberg)