SlavkoSereda/iStock via Getty Images Crude oil futures closed lower in a volatile session Wednesday ahead of President Trump’s televised address on the Iran war at 9 p.m. ET. Trump has signaled he wants to end the conflict in 2-3 weeks, even as the vital Strait of Hormuz chokepoint remains largely closed to shipping. Trump posted earlier Wednesday that Iran's president has asked the U.S. for a cea...
SlavkoSereda/iStock via Getty Images Crude oil futures closed lower in a volatile session Wednesday ahead of President Trump’s televised address on the Iran war at 9 p.m. ET. Trump has signaled he wants to end the conflict in 2-3 weeks, even as the vital Strait of Hormuz chokepoint remains largely closed to shipping. Trump posted earlier Wednesday that Iran's president has asked the U.S. for a ceasefire, which he would consider only after the strait is no longer blocked , and Iranian state media said the foreign ministry called the statement false. Market participants are betting the president would not allow oil supply disruptions caused by the war to extend into mid-May, when U.S. gasoline demand is typically at its strongest, SEB analysts said in a note. "The risk to U.S. gasoline prices, consumer sentiment, and ultimately the November midterm elections makes a prolonged conflict politically costly," SEB said. This week, U.S. gasoline prices rose above $4/gal on average for the first time in more than three years. Analysts believe energy flows through the Strait of Hormuz would be slow to return to pre-war levels even if a ceasefire is announced. "Odds appear to lean in the direction of a U.S. Iranian war exit but... the status of the Strait of Hormuz remains highly uncertain and much deserving of some geo-risk premium even if global oil supplies slowly begin to loosen," Ritterbusch and Associates said in a note. OPEC said crude oil production of its members plunged by 7.5M bbl/ day in March from the previous month, as producers were forced to cut output because storage is full. Front-month Nymex crude ( CL1:COM ) for May delivery closed down 1.2% to $100.12/bbl, and has dipped below $99 after hours, while front-month Brent crude ( CO1:COM ) for June delivery finished down 2.7% to $101.16/bbl. U.S. natural gas futures ( NG1:COM ) fell for a third straight session, with the front-month Nymex May contract closing down 2.2% to $2.819/MMBtu, its lowest settlem...
A leveraged fund targeting SK Hynix Inc. has drawn the most inflows among its peers this year, highlighting persistent bets on the South Korean AI chipmaker’s fortunes following a steep selloff. The Hong Kong‑listed CSOP SK Hynix Daily 2x Leveraged ETF , a single-stock exchange-traded fund that seeks to deliver two times the shares’ daily performance, has attracted nearly $1.6 billion in fresh dem...
A leveraged fund targeting SK Hynix Inc. has drawn the most inflows among its peers this year, highlighting persistent bets on the South Korean AI chipmaker’s fortunes following a steep selloff. The Hong Kong‑listed CSOP SK Hynix Daily 2x Leveraged ETF , a single-stock exchange-traded fund that seeks to deliver two times the shares’ daily performance, has attracted nearly $1.6 billion in fresh demand in 2026, surpassing products tied to US tech heavyweights such as Tesla Inc. and Microsoft Corp. Inflows have accelerated since the Iran war triggered sharp swings in SK Hynix, suggesting robust appetite among retail investors that favor such leveraged trading tools. The wagers also signal enduring optimism about the chipmaker’s pivotal role in the AI supply chain. “Investor enthusiasm for SK Hynix appears driven by its valuation edge, with a lower PE multiple making it look cheaper than US memory peers,” said Gary Tan , a fund manager at Allspring Global Investments. “As a global memory leader, that relative positioning has fueled strong inflows into these leveraged ETFs even amid geopolitical tensions.” SK Hynix, which produces advanced high-bandwidth memory chips used in AI processors, is trading at 4.4 times forward earnings, versus 18 times for the Philadelphia Stock Exchange Semiconductor Index. The crowded trade in chipmaker stocks has whipsawed in recent months, initially plagued by concerns over excessive spending plans and stretched valuations. Then came the Middle East conflict, which triggered a rout due to concerns over surging energy costs and higher interest rates, while Google’s TurboQuant technique added further pressure as the development may reduce demand for certain types of storage. Read More: Leveraged Bets on SK Hynix, Samsung Seen Shaking Korea’s Market The ETF’s assets have swollen to $2.5 billion since its October launch. In a sign of the product’s growing popularity, Korean money managers are reportedly on track to launch the country’s first l...
The wheat complex was under pressure on Wednesday, as money was coming off the table. Chicago SRW futures fell back 9 ½ to 18 3/4 cents on the session. KC HRW futures were 12 ¼ to 21 ¾ cents in the red on Wednesday. MPLS spring wheat was down 8...
The wheat complex was under pressure on Wednesday, as money was coming off the table. Chicago SRW futures fell back 9 ½ to 18 3/4 cents on the session. KC HRW futures were 12 ¼ to 21 ¾ cents in the red on Wednesday. MPLS spring wheat was down 8...
Lean hog futures turned higher into Wednesday’s close, as contracts were up 12 to 55 cents. USDA’s national base hog price was reported at $90.17 on Wednesday afternoon, down 41 cents from the day prior. The CME Lean Hog Index was down another 28 cents on March 30 at $90.48....
Lean hog futures turned higher into Wednesday’s close, as contracts were up 12 to 55 cents. USDA’s national base hog price was reported at $90.17 on Wednesday afternoon, down 41 cents from the day prior. The CME Lean Hog Index was down another 28 cents on March 30 at $90.48....
Live cattle futures saw 40 cents to $1.07 gains Wednesday. Cash trade has yet to get kicked off this week, as last week settled in at $234-235 sales and $238 late in the south. The Wednesday morning Fed Cattle exchange showed no sales on the 1,016 head offered, with limited...
Live cattle futures saw 40 cents to $1.07 gains Wednesday. Cash trade has yet to get kicked off this week, as last week settled in at $234-235 sales and $238 late in the south. The Wednesday morning Fed Cattle exchange showed no sales on the 1,016 head offered, with limited...
Cotton futures rallied from early weakness on Wednesday to close with gains of 15 to 81 points. The US dollar index was $0.354 lower at $99.405. Crude Oil closed the day down $2.51 after a post from President Trump suggested Iran is looking for a ceasefire. He is expected to...
Cotton futures rallied from early weakness on Wednesday to close with gains of 15 to 81 points. The US dollar index was $0.354 lower at $99.405. Crude Oil closed the day down $2.51 after a post from President Trump suggested Iran is looking for a ceasefire. He is expected to...
Soybeans saw contracts facing some weakness on Wednesday, down fractionally to 3 cents at the close. The cmdtyView national average Cash Bean price was up 4 ¼ cents at $10.99 1/2. Soymeal futures were up $1.50 to $2.40, with Soy Oil futures 100 to 177 points lower. Crude Oil closed...
Soybeans saw contracts facing some weakness on Wednesday, down fractionally to 3 cents at the close. The cmdtyView national average Cash Bean price was up 4 ¼ cents at $10.99 1/2. Soymeal futures were up $1.50 to $2.40, with Soy Oil futures 100 to 177 points lower. Crude Oil closed...
Corn futures closed 5-6 cents off the early session lows on Wednesday, as contracts still settled 2 ¾ to 3 ½ cents lower, with some deferred higher. The CmdtyView national average Cash Corn price was up 3/4 cent at $4.15 3/4. Crude Oil closed the day down $2.51 after a...
Corn futures closed 5-6 cents off the early session lows on Wednesday, as contracts still settled 2 ¾ to 3 ½ cents lower, with some deferred higher. The CmdtyView national average Cash Corn price was up 3/4 cent at $4.15 3/4. Crude Oil closed the day down $2.51 after a...
Nurul Amin Shah, 56, who was visually impaired, was left outside Buffalo Tim Hortons on cold night and later died Authorities have ruled that the death of Nurul Amin Shah, a 56-year-old Rohingya refugee from Myanmar who was left by immigration agents at a restaurant in Buffalo, was a homicide . Shah, who was visually impaired, died on 24 February, five days after US Border Patrol agents dropped hi...
Nurul Amin Shah, 56, who was visually impaired, was left outside Buffalo Tim Hortons on cold night and later died Authorities have ruled that the death of Nurul Amin Shah, a 56-year-old Rohingya refugee from Myanmar who was left by immigration agents at a restaurant in Buffalo, was a homicide . Shah, who was visually impaired, died on 24 February, five days after US Border Patrol agents dropped him off in the parking lot of a Tim Hortons on a cold winter night without notifying his family or attorney. Continue reading...
AI 能做翻译大家都知道，而且呢，AI 还会做一种更高级的翻译：中译中、英译英，简单来说，翻译空气。 最典型的莫过于：你的老板刚发来一段话，每个字都懂，但放在一起不知道他到底是要说什么，于是你把这段话贴进豆包问：「老板这段话到底想说什么？」 豆包告诉你说：你看，这是 PUA，你的老板对你的表现不满意，想要给你上压力。 你松了口气，但又觉得不对呀，怎么老板说话会如此迂回，不都是直接劈头盖脸骂人吗？然...
AI 能做翻译大家都知道，而且呢，AI 还会做一种更高级的翻译：中译中、英译英，简单来说，翻译空气。 最典型的莫过于：你的老板刚发来一段话，每个字都懂，但放在一起不知道他到底是要说什么，于是你把这段话贴进豆包问：「老板这段话到底想说什么？」 豆包告诉你说：你看，这是 PUA，你的老板对你的表现不满意，想要给你上压力。 你松了口气，但又觉得不对呀，怎么老板说话会如此迂回，不都是直接劈头盖脸骂人吗？然后你立刻意识到一件事：他大概率也是用 AI 写的这段话。 两个人之间的一次沟通，变成了两个 AI 之间的一次信息传递。 人类在当中，主要起到一个复制粘贴的作用。 情绪价值？AI 也可以 Fortune 上周报道了这个正在职场中蔓延的新现象，领导力专家 Leena Rinne 给它取了一个名字：Social Offloading，社交外包。 这个概念脱胎于认知科学中已有的「cognitive offloading」（认知卸载），即把需要脑力的琐碎任务扔给技术来减轻心智负担，比如用计算器算账、用导航找路。社交卸载更进一步：它把需要情感投入、人际互动也外包给了 AI。 HR 裁员不知道怎么开口？让 AI 写个话术。团队冲突不知道站谁？让 AI 分析各方立场出个调解方案。下属情绪崩溃不知道说什么？让 AI 生成一段话，包含共情与理解。同事发了封语焉不详的邮件？让 AI 替你中译中。 还别说，这些场景都很实用，而且正在发生。本来以为打工人，至少在提供情绪价值方面还有点价值，现在 AI 也能干了。 发表在《美国国家科学院院刊》(PNAS)上的一项研究发现，AI 生成的安慰消息，竟然比真人写的更让接收者感到「被倾听」。AI 在提供情感支持时更稳定、更周全，不会像真人那样因为紧张而说错话，因为尴尬而回避问题，或因为赶时间而敷衍了事。 这也跟另外一个现象对上了：Harvard Business Review 对 AI 使用模式的分析发现，AI 最常见的用途第一名，不是写代码，不是做 PPT，不是查资料，是心理治疗与情感陪伴。 好嘛，全世界最多人拿 AI 干的事，就是找它倒苦水。 你可能觉得这恰好证明了 AI 在社交场景中的价值。但反过来说，AI 做得越好，问题就越大。因为对于人来说，这是「难者不会，会者不难」， 你越不做，你就越不会。 「如果我总是问 AI 怎么回应我的老板，」Rinne 接...
Ontario Premier Doug Ford said he’d oppose any deal between Stellantis NV to build electric vehicles with China’s Zhejiang Leapmotor Technology Co. in his province unless the automakers are buying local parts. Ford assailed the potential use of “knockdown kits,” where the cars are largely built in China and then shipped overseas for final assembly. Stellantis and Leapmotor are discussing options f...
Ontario Premier Doug Ford said he’d oppose any deal between Stellantis NV to build electric vehicles with China’s Zhejiang Leapmotor Technology Co. in his province unless the automakers are buying local parts. Ford assailed the potential use of “knockdown kits,” where the cars are largely built in China and then shipped overseas for final assembly. Stellantis and Leapmotor are discussing options for making EVs in Canada, Bloomberg News reported earlier, citing people familiar with the matter. The talks are at an early stage. “If they’re bringing kits over made in China, all that does is undermine every single auto worker we have in Ontario,” Ford said in an interview late Wednesday in Dallas, where he’s on a trade mission. “I am dead against it.” The discussions with Leapmotor are focused on an idled Stellantis factory in Brampton, Ontario, a suburb of Toronto. Stellantis has been holding talks about the assembly plant’s future with Canadian Industry Minister Melanie Joly , who said in a statement that “any new auto investments will prioritize Canada’s supply chain, including Canadian labor and parts suppliers.” Read More: Stellantis in Talks to Make Chinese EVs at Idle Canada Plant Unifor, a labor union that represents workers at the Brampton plant, said it would have “serious concerns” about a partnership with a Chinese firm. The use of knockdown kits would only employ a small fraction of workers, Unifor said. Ford echoed that view, adding that he’d have no problem with an investment geared toward a fully functioning factory that depends on local parts. “What I do have a problem is when we get undermined and auto workers get undermined by cheap Chinese parts and vehicles,” he said. The potential for Chinese-led vehicle production in one of the US’s closest allies and trading partners shows the ripple effects of President Donald Trump’s tariffs on foreign-made cars and trucks, which have disrupted the integrated North American auto sector and cost automakers billio...