The wheat complex posted marginally mixed trade on Thursday, with the hard red contracts higher. Chicago SRW was the weak spot, with fractional to 4 cent Thursday losses. KC HRW futures led the way higher, up 3/4 to 4 cents in the front months. MPLS spring wheat contracts were up...
The wheat complex posted marginally mixed trade on Thursday, with the hard red contracts higher. Chicago SRW was the weak spot, with fractional to 4 cent Thursday losses. KC HRW futures led the way higher, up 3/4 to 4 cents in the front months. MPLS spring wheat contracts were up...
Lean hog futures saw mixed trade on Thursday, with contracts down 40 cents to 70 cents higher. USDA’s national base hog price was reported at $97.26 on Thursday afternoon, down 26 cents from the day prior. The CME Lean Hog Index was up 16 cents on June 9 at $92.92....
Lean hog futures saw mixed trade on Thursday, with contracts down 40 cents to 70 cents higher. USDA’s national base hog price was reported at $97.26 on Thursday afternoon, down 26 cents from the day prior. The CME Lean Hog Index was up 16 cents on June 9 at $92.92....
Soybeans closed Thursday with fractional to 8 cent losses. The cmdtyView national average Cash Bean price was down 7 3/4 cents at $10.61 1/2. Soymeal futures were mixed, down $1.00 to $1.80 higher on the day, with Soy Oil futures 65 to 88 points lower. USDA updated their weekly Export...
Soybeans closed Thursday with fractional to 8 cent losses. The cmdtyView national average Cash Bean price was down 7 3/4 cents at $10.61 1/2. Soymeal futures were mixed, down $1.00 to $1.80 higher on the day, with Soy Oil futures 65 to 88 points lower. USDA updated their weekly Export...
Australian Financial Watchdogs Back New Powers To Curb Money-Laundering Via Crypto Authored by Rex Widerstrom via The Epoch Times , Australian crime-fighting and financial agencies are moving to prevent the use of cryptocurrency for money laundering, scams, and money-mule activities. Illustration of Bitcoin and Ethereum coins held together in front of diverses EURO banknotes in Paris, France, on J...
Australian Financial Watchdogs Back New Powers To Curb Money-Laundering Via Crypto Authored by Rex Widerstrom via The Epoch Times , Australian crime-fighting and financial agencies are moving to prevent the use of cryptocurrency for money laundering, scams, and money-mule activities. Illustration of Bitcoin and Ethereum coins held together in front of diverses EURO banknotes in Paris, France, on June 5, 2026. Joao Luiz Bulcao/Hans Lucas/AFP via Getty Images The Australian Banking Association (ABA), Transparency International, and the regulator, AUSTRAC (Australian Transaction Reports and Analysis Centre), are backing a proposal to amend the Anti-Money Laundering and Counter-Terrorism Financing Act. The change means the CEO of AUSTRAC can limit or stop a "reporting entity" or institution from using a "high-risk mechanism," such as cryptocurrency, to transfer funds. The CEO must be satisfied that transferring funds has or will cause "significant harm to either the financial system, the Australian community, or both." Currently, there are around 19,000 reporting entities, including banks and credit unions; non-bank lenders and stockbrokers; gambling and bullion service providers; and remittance service and virtual asset service providers (VASPs). All are required to have processes and controls in place to protect their systems from criminal misuse. Yet that number will soon expand to over 100,000 when new sectors, including lawyers, accountants, conveyancers, real estate professionals, and dealers in precious metals and stones, come under Australia's anti-money laundering and counter-terrorism financing regime from July 1 this year. Sector-Wide Powers Needed, AUSTRAC Argues Senator Michaela Cash asked what evidence suggested AUSTRAC's current powers were inadequate. Daniel Mossop, the centre's national manager for policy rules, said current law mandated that the agency take a case-by-case approach, looking at individual businesses. "What we can't do is have a look at a...
South Korean stocks jumped as risk appetite improved after President Donald Trump said the US was nearing an agreement with Iran to end the war. Chip stocks paced the gains in the benchmark Kospi Index, which surged as much as 8% early morning. Friday’s rally again demonstrated the wild swings that has become a hallmark of South Korea’s $4.3 trillion equity market. Korea Exchange briefly halted pr...
South Korean stocks jumped as risk appetite improved after President Donald Trump said the US was nearing an agreement with Iran to end the war. Chip stocks paced the gains in the benchmark Kospi Index, which surged as much as 8% early morning. Friday’s rally again demonstrated the wild swings that has become a hallmark of South Korea’s $4.3 trillion equity market. Korea Exchange briefly halted program buying in Kospi as futures surged. Korean stocks were among the biggest winners in the region on Friday after Trump abruptly pulled back threatened military strikes against Iran, sparking a rally in Wall Street and risk assets more broadly. Samsung Electronics Co. and SK Hynix Inc shares each surged more than 9% as investors returned to the stocks that are seen as the critical to the AI rollout. Market volatility has intensified in recent months as more than half of the Kospi’s market capitalization is concentrated in Samsung and SK Hynix. The growing popularity of leveraged exchange-traded funds linked to the two chipmakers, which amplify daily price moves, has also contributed to larger market swings. “The fundamental outlook and the structural strength of Korea’s tech suggest that the position of Korea’s role in memory semiconductors is hard to be replaced anytime soon,” said Indrani De , global head of investment research at FTSE Russell. “Samsung and SK Hynix dominate the high bandwidth memory market,” she added. Korea Exchange triggered market safeguards repeatedly this week, including a 20-minute circuit breaker on Monday, as Korean stocks lurched from one extreme to another.
Cardano 's (CRYPTO: ADA) community governance system is now fully operational, and so far, the community has voted to defund its own annual summit and starve a cybersecurity project of resources. Two of the chain's most prominent projects shut down within six weeks of each other. Founder Charles Hoskinson responded to the chaos by announcing he was "taking a break." At this point, the only thing C...
Cardano 's (CRYPTO: ADA) community governance system is now fully operational, and so far, the community has voted to defund its own annual summit and starve a cybersecurity project of resources. Two of the chain's most prominent projects shut down within six weeks of each other. Founder Charles Hoskinson responded to the chaos by announcing he was "taking a break." At this point, the only thing Cardano holders seem to agree on is selling; the coin is down 74% in the past year. Hoskinson's prediction does not, in itself, constitute a reason to sell Cardano; people predict all sorts of things about the market all the time, and often for self-motivated reasons. But the factors that drove his prediction, when paired with other issues Cardano has, do constitute a reason to sell this coin, so let's take a look at what's going wrong. Continue reading
AvePoint (NASDAQ:AVPT) Chief Executive Tianyi Jiang outlined the company’s strategy around Microsoft 365, multi-cloud data protection and artificial intelligence governance during a D.A. Davidson discussion hosted by analyst Rudy Kessinger. Jiang said AvePoint, founded in 2001, began in the Microso
AvePoint (NASDAQ:AVPT) Chief Executive Tianyi Jiang outlined the company’s strategy around Microsoft 365, multi-cloud data protection and artificial intelligence governance during a D.A. Davidson discussion hosted by analyst Rudy Kessinger. Jiang said AvePoint, founded in 2001, began in the Microso
A number of stocks jumped in the afternoon session after the Nasdaq rebounded, up 1.8%, as Trump's Iran peace deal announcement released the rate pressure that weighed on the sector all week.
A number of stocks jumped in the afternoon session after the Nasdaq rebounded, up 1.8%, as Trump's Iran peace deal announcement released the rate pressure that weighed on the sector all week.
(RTTNews) - The Singapore stock market has finished higher in two of three trading days since the end of the three-day losing streak in which it had tanked almost 180 points or 3.5 percent. The Straits Times Index now sits just beneath the 4,990-point plateau and it's expected to
(RTTNews) - The Singapore stock market has finished higher in two of three trading days since the end of the three-day losing streak in which it had tanked almost 180 points or 3.5 percent. The Straits Times Index now sits just beneath the 4,990-point plateau and it's expected to
⚽️ Kick-off time: 8pm local/12pm AEST/3am BST/10pm EDT ⚽️ Player guide | Bracketology | Golden Boot | Mail Jonathan Hello everybody and welcome to live coverage of the second match of the 2026 World Cup between South Korea and Czechia. Kick-off in this Group A clash at Estadio Guadalajara is 8pm local time (10pm EST / 3am BST / 12pm AEST). Following Shakira’s shimmies, three red cards, and the fan...
⚽️ Kick-off time: 8pm local/12pm AEST/3am BST/10pm EDT ⚽️ Player guide | Bracketology | Golden Boot | Mail Jonathan Hello everybody and welcome to live coverage of the second match of the 2026 World Cup between South Korea and Czechia. Kick-off in this Group A clash at Estadio Guadalajara is 8pm local time (10pm EST / 3am BST / 12pm AEST). Following Shakira’s shimmies, three red cards, and the fanatical hosts welcoming us all to the 2026 World Cup with a celebrated victory, the second of the tournament’s 104 matches looks set to be a more muted affair. It features two sides in indifferent form with modest expectations opening their campaigns during the graveyard shift at the competition’s second smallest venue. Continue reading...
Electric vehicles accounted for a record 66.7 per cent of new car sales in mainland China during the first week of June, the latest sign that the country’s battery-powered carmakers are benefiting from the global energy crisis. Two out of every three new cars sold on the mainland in the seven days ending June 7 were either pure electric or plug-in hybrid vehicles, according to data from the China ...
Electric vehicles accounted for a record 66.7 per cent of new car sales in mainland China during the first week of June, the latest sign that the country’s battery-powered carmakers are benefiting from the global energy crisis. Two out of every three new cars sold on the mainland in the seven days ending June 7 were either pure electric or plug-in hybrid vehicles, according to data from the China Passenger Car Association (CPCA). The penetration rate climbed from 62.9 per cent in May as a wave...
onurdongel/iStock via Getty Images Super Micro Computer, Inc. ( SMCI ) can't seem to please the stock market despite constantly reporting strong growth. The AI server company announced a massive capital raise, causing the stock to collapse, but the company completely undersold the details on an insane level of orders. My investment thesis remains ultra Bullish on Super Micro after this plunge in t...
onurdongel/iStock via Getty Images Super Micro Computer, Inc. ( SMCI ) can't seem to please the stock market despite constantly reporting strong growth. The AI server company announced a massive capital raise, causing the stock to collapse, but the company completely undersold the details on an insane level of orders. My investment thesis remains ultra Bullish on Super Micro after this plunge in the stock following the big equity offerings. Source: Finviz Big Offering Super Micro announced the following stock offerings to raise capital : $5.0 billion underwritten public offerings, consisting of: (1) 45,454,545 shares of common stock at a public offering price of $27.50 per share; (2) 75,000,000 depositary shares, each representing a 1/20th interest in a share of newly issued 7.0% series A mandatory convertible preferred stock at a public offering price of $50 per share. At-the-market offering: up to $1.25 billion at-the-market, or ATM, offering program for common stock, expected to begin no earlier than Q3'26. Also, the company issued underwriting grants of 6,818,181 additional shares of common stock and 11,250,000 additional depositary shares. In total, Super Micro will raise nearly $5.5 billion in these initial offerings. The company only had a fully diluted share count of 692 million shares outstanding for Q1 '26, so these equity raises are very dilutive. Naturally, the hope is the ATM is only executed at much higher prices and the mandatory converts have an offering price of $50. The depository shares are mandatory convertible preferred stock to trade under the symbol "SMCIP." Michael Youngworth, the head of global convertible and preferred strategy at BofA Securities, explained mandatory converts as follows: Mandatories are effectively yield-enhanced common stock. They have a high delta to the shares and no bond floor since holders are required to convert to shares at maturity—no option to get par back, like in a traditional convert. Investors are compensated f...