July NY world sugar #11 (SBN26) today is up +0.14 (+0.95%), and Aug London ICE white sugar #5 (SWQ26) is up +3.00 (+0.68%). Sugar prices are moving higher today as strength in crude oil prices spurred short covering in sugar futures. Crude oil (CLN26) jumped by more than +2% today, which supports ethanol prices and could persuade global sugar mills to divert more cane crushing to ethanol productio...
July NY world sugar #11 (SBN26) today is up +0.14 (+0.95%), and Aug London ICE white sugar #5 (SWQ26) is up +3.00 (+0.68%). Sugar prices are moving higher today as strength in crude oil prices spurred short covering in sugar futures. Crude oil (CLN26) jumped by more than +2% today, which supports ethanol prices and could persuade global sugar mills to divert more cane crushing to ethanol production rather than sugar, cutting sugar supplies. Don’t Miss a Day: On Monday, sugar prices fell to 1.5-week lows after the ISO forecast a record global sugar crop for the 2025/26 season and raised its global surplus estimate. The ISO forecasts 2025/26 global sugar production at a record 182 MMT, up +3.5% y/y, and raised its 2025/26 global sugar surplus estimate to 2.2 MMT from a February forecast of 1.22 MMT, rebounding from a -3.46 MMT deficit in 2024-25. Strength in sugar exports from Thailand, the world's second-largest sugar exporter, is bearish for prices. Thailand's 2026 sugar exports Jan-Apr are up +29% y/y at 1.6 MMT. Sugar prices have support on projections from the International Sugar Organization (ISO) that 2026/27 global sugar production will fall -1.15 y/y to 180 MMT, and that there will be a global sugar deficit of 262,000 MT, citing the potential impact of an El Niño weather pattern on harvests in India and Thailand. Last Monday, Citigroup projected Brazil's 2026/27 sugar production at 39.50 MMT, well below Conab's estimate of 43.95 MMT, citing Brazilian sugar mills' allocation of more sugarcane to ethanol production amid soaring gasoline prices. Also, Citigroup said a potentially strong El Niño weather pattern this year could have "a significant impact" on sugar production in India and Thailand over the next 6 to 12 months. Sugar prices are also supported by India's 4-month ban on sugar exports, which remains in effect until September 30, to protect local supplies. In addition, Datagro raised its 2026/27 global sugar surplus deficit estimate to -3.17 MMT from -2...
President Trump said Thursday that he had postponed a signing ceremony for the order because he “didn’t like certain aspects of it.” Here’s what’s going on.
President Trump said Thursday that he had postponed a signing ceremony for the order because he “didn’t like certain aspects of it.” Here’s what’s going on.
Southampton's spying on rival clubs was authorised by manager Tonda Eckert and was a "contrived and determined plan from the top down to gain a competitive advantage", an independent disciplinary panel says.
Southampton's spying on rival clubs was authorised by manager Tonda Eckert and was a "contrived and determined plan from the top down to gain a competitive advantage", an independent disciplinary panel says.
Earnings Call Insights: Star Bulk Carriers (SBLK) Q1 2026 Management view “The first quarter was characterized by solid profitability, disciplined capital allocation and continued balance sheet strength.” (Co-Chief Financial Officer Christos Begleris) “Our Board of Directors declared a $0.50 per share dividend for the quarter, payable on June 20 to all shareholders of record as of June 12, 2026.” ...
Earnings Call Insights: Star Bulk Carriers (SBLK) Q1 2026 Management view “The first quarter was characterized by solid profitability, disciplined capital allocation and continued balance sheet strength.” (Co-Chief Financial Officer Christos Begleris) “Our Board of Directors declared a $0.50 per share dividend for the quarter, payable on June 20 to all shareholders of record as of June 12, 2026.” (Co-Chief Financial Officer Begleris) “We distribute 100% of free cash flow, subject to maintaining a minimum cash balance of $2.1 million per vessel.” (Co-Chief Financial Officer Begleris) “We began the quarter with $502 million in cash… we ended the quarter with $409 million in cash.” (Co-Chief Financial Officer Begleris) “We continue to operate one of the most cost-efficient platforms in the dry bulk sector.” (Chief Operating Officer Nicos Rescos) “All 8 of our latest generation of high-specification Kamsarmax newbuildings are on track for delivery during 2026 with $195 million of CapEx remaining.” (COO Rescos) Outlook “We remain optimistic about the dry bulk market outlook, supported by a favorable supply backdrop, new long-distance Atlantic exports and tightening environmental regulations.” (Head of Market Research Constantinos Simantiras) “We’re actually pretty bullish for the balance of this year, and we are bullish for next year as well.” (Head of Market Research Simantiras) “Newbuilding prices have gone up a lot… the idea here is not to continue any further with new buildings until prices start falling.” (Head of Market Research Simantiras) “If oil prices go further up and even in the 150 or even more than that, we are very afraid here that, that would damage the world economy… and… discourage trade.” (Head of Market Research Simantiras) Financial results “Net income amounted to $58.5 million, while adjusted net income reached $63 million or $0.52 adjusted earnings per share.” (Co-Chief Financial Officer Christos Begleris) “Adjusted EBITDA was $114.3 million.” (Co-...
The company's most recent quarter was a blowout. Q1 2026 revenue surged 54% year-over-year to a record $90.1 million, beating consensus by 18%. Adjusted EBITDA nearly doubled to $25.0 million, crushing estimates by 139%, while adjusted gross margin expanded to 47%, seven points above the company's own target. Revenue from Big Tech customers outside its largest client grew 453% year-over-year. Mana...
The company's most recent quarter was a blowout. Q1 2026 revenue surged 54% year-over-year to a record $90.1 million, beating consensus by 18%. Adjusted EBITDA nearly doubled to $25.0 million, crushing estimates by 139%, while adjusted gross margin expanded to 47%, seven points above the company's own target. Revenue from Big Tech customers outside its largest client grew 453% year-over-year. Management raised full-year revenue growth guidance to 40% or more and announced new engagements with a Big Tech customer expected to generate approximately $51 million in incremental 2026 revenue. Innodata is a global data engineering company that has become a critical infrastructure partner for the world's largest AI labs. The company provides AI training and post-training data, model evaluation, alignment, safety testing, and deployment services, representing the human-in-the-loop layer that frontier generative AI models depend on. With over 12,000 professionals across more than 70 countries, Innodata serves multiple Big Tech clients including several members of the Magnificent Seven, and recently launched a dedicated Federal practice to pursue U.S. government AI contracts. But for investors searching for AI stocks that may still have the potential for outsized returns, smaller companies further down the AI supply chain may offer greater upside. Three that stand out are Innodata (INOD), Credo Technology Group (CRDO), and Qualcomm (QCOM). That does not diminish Nvidia's investment case. The company remains one of the highest-quality businesses in the market and continues to warrant a core position in many portfolios, supported by robust growth expectations and a still-reasonable valuation of roughly 27x forward earnings alongside projected long-term EPS growth of 41% annually. Investors who own broad index funds already likely have substantial exposure. Nvidia stock has been on an extraordinary run, climbing roughly 1,500% since bottoming in late 2022. Yet despite that incred...
Once again, Nvidia (NVDA) delivered a record quarterly earnings report, with profits growing 140% year over year and revenue rising 85%, both ahead of analyst expectations. One particularly interesting development was the introduction of a new reporting segment: Edge. In classic Jensen Huang fashion, Nvidia appears to already be positioning for the next evolution of AI, recognizing that the long-t...
Once again, Nvidia (NVDA) delivered a record quarterly earnings report, with profits growing 140% year over year and revenue rising 85%, both ahead of analyst expectations. One particularly interesting development was the introduction of a new reporting segment: Edge. In classic Jensen Huang fashion, Nvidia appears to already be positioning for the next evolution of AI, recognizing that the long-term opportunity extends beyond massive data centers and into AI running directly on personal devices and at the network edge. Nvidia stock has been on an extraordinary run, climbing roughly 1,500% since bottoming in late 2022. Yet despite that incredible performance, shares have actually lagged parts of the semiconductor industry over the last year and year-to-date, highlighting the reality that sustaining exceptional gains becomes increasingly difficult as companies reach enormous scale. Even Nvidia's newly authorized $80 billion share repurchase program, an eye-popping figure in absolute terms, represents only a modest percentage of its roughly $5.5 trillion market capitalization. That does not diminish Nvidia's investment case. The company remains one of the highest-quality businesses in the market and continues to warrant a core position in many portfolios, supported by robust growth expectations and a still-reasonable valuation of roughly 27x forward earnings alongside projected long-term EPS growth of 41% annually. Investors who own broad index funds already likely have substantial exposure. But for investors searching for AI stocks that may still have the potential for outsized returns, smaller companies further down the AI supply chain may offer greater upside. Three that stand out are Innodata (INOD), Credo Technology Group (CRDO), and Qualcomm (QCOM). Image Source: Zacks Investment Research Innodata: Shares Approach Breakout Level Innodata is a global data engineering company that has become a critical infrastructure partner for the world's largest AI labs. The co...
In this article META Follow your favorite stocks CREATE FREE ACCOUNT A worker stands inside the Meta Lab in Los Angeles, California, U.S., May 20, 2026. Daniel Cole | Reuters Meta Platforms on Thursday reached a settlement in the first case set for trial seeking to make social media companies cover the costs that school districts say they have incurred to combat a mental health crisis allegedly fu...
In this article META Follow your favorite stocks CREATE FREE ACCOUNT A worker stands inside the Meta Lab in Los Angeles, California, U.S., May 20, 2026. Daniel Cole | Reuters Meta Platforms on Thursday reached a settlement in the first case set for trial seeking to make social media companies cover the costs that school districts say they have incurred to combat a mental health crisis allegedly fueled by platforms. The agreement fully resolves a lawsuit brought by a Kentucky school district, following earlier settlements by co-defendants Alphabet's YouTube, Snap and TikTok. The case had been scheduled for a June 15 trial in federal court in Oakland, California. "We've resolved this case amicably and remain focused on our longstanding work to build protections like Teen Accounts that help teens stay safe online, while giving parents simple controls to support their families," said a spokesperson for Meta. Breathitt County School District, a small rural district in Appalachia, accused the companies of designing their platforms to keep young users hooked, driving anxiety, depression and self-harm among students and leaving schools to deal with the consequences. Breathitt is among roughly 1,200 school districts pursuing similar claims. Its case was selected as a bellwether, or test case, for those lawsuits. The lawsuit sought over $60 million to cover the costs of counteracting the impact of social media on students' mental health and to fund a 15-year mental health program to abate the problem. It also sought a court order requiring the companies to modify their platforms to reduce addictive features. Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.
David Bautista/iStock Editorial via Getty Images As I covered a few months ago, I see Grupo Cibest S.A. ( CIB ) as an interesting growth play in the global banking sector due to its exposure to Latin American countries that remain with somewhat low levels of banking penetration compared to developed countries. However, due to recent macroeconomic issues, the risk premium for emerging market stocks...
David Bautista/iStock Editorial via Getty Images As I covered a few months ago, I see Grupo Cibest S.A. ( CIB ) as an interesting growth play in the global banking sector due to its exposure to Latin American countries that remain with somewhat low levels of banking penetration compared to developed countries. However, due to recent macroeconomic issues, the risk premium for emerging market stocks has increased lately, leading to a negative performance for Cibest’s shares since my previous article. Article performance (Seeking Alpha) Despite that, the bank reported a positive operating momentum in its Q1 2026 financial results, which were recently released. This was supported by economic growth in Colombia despite some macro headwinds, including inflation pressures, a deterioration in the fiscal condition, and the Iran War. GDP growth in Colombia was 2.7% during the first quarter of the year, which is a good growth pace, supported by private consumption, public spending, and a robust labor market. As inflation is expected to increase in Colombia to about 6.4% during 2026, there are expectations for interest rate hikes over the coming quarters. Cibest expects the policy rate to potentially rise as much as 350 basis points during this year, to a level of 12.75% by year-end. GDP and Inflation (Cibest) As the central bank is expected to make rate hikes ahead, this should be a tailwind for the bank’s net interest income (NII) in the short term and also for its margins, as usually asset yields tend to be more sensitive to rate moves than deposits. As the bank is highly exposed to the domestic market, generating some 70% of its revenues, interest rates in Colombia are a very important factor for its financial performance in the short term, with a rising interest rate environment being positive for revenue and earnings growth. This was already visible during Q1 2026 earnings, given that its net interest margin (NIM) increased to a level around 7%, from an average NIM of 6.5...
Texas Instruments TXN is experiencing strong momentum from artificial intelligence (AI) infrastructure and data center demand, which is emerging as an important contributor to revenue growth. During the first quarter of 2026, the company’s data center business revenues grew about 90% year over year and more than 25% sequentially, making it one of the fastest-growing segments in its portfolio. The ...
Texas Instruments TXN is experiencing strong momentum from artificial intelligence (AI) infrastructure and data center demand, which is emerging as an important contributor to revenue growth. During the first quarter of 2026, the company’s data center business revenues grew about 90% year over year and more than 25% sequentially, making it one of the fastest-growing segments in its portfolio. The company generated $4.83 billion in revenues in the first quarter of 2026, reflecting 19% year-over-year growth and a 9% sequential increase. The robust growth was driven by rising power requirements in AI-focused data centers. Advanced AI servers and graphics processing units (GPUs) require increasingly complex power delivery systems, creating demand for analog semiconductors and power management solutions. Texas Instruments indicated that power density and energy delivery are becoming critical areas across modern AI infrastructure. Beyond specialized chips, the company also benefits from supplying a broad range of general-purpose analog components used throughout AI server racks. These systems contain thousands of analog and power-related semiconductors, enabling Texas Instruments to participate across multiple layers of the infrastructure buildout rather than relying on a single product category. Texas Instruments also highlighted growing opportunities in application-specific power solutions, including voltage regulation modules, high-voltage power conversion technologies and gallium nitride-based products. The company expects momentum in these areas to strengthen further during the second half of 2026 and into 2027, as AI infrastructure deployments continue expanding. Another key advantage is the company’s internal manufacturing and supply capabilities. During the lastearnings call Texas Instruments stated that its broad product portfolio, stable lead times, inventory position and North American manufacturing footprint are helping it support customers consistently amid t...
Hedge Fund and Insider Trading News: Christopher Hohn, Paul Tudor Jones, Bill Ackman, Bridgewater Associates, Brevan Howard Asset Management, Aflac Inc (AFL), Astera Labs, Inc (ALAB), and More Insider Monkey
Hedge Fund and Insider Trading News: Christopher Hohn, Paul Tudor Jones, Bill Ackman, Bridgewater Associates, Brevan Howard Asset Management, Aflac Inc (AFL), Astera Labs, Inc (ALAB), and More Insider Monkey
US equity indexes rose as President Donald Trump appeared open to giving Iran time to review Washing Upgrade to read this MT Newswires article and get so much more. A Silver or Gold subscription plan is required to access premium news articles.
US equity indexes rose as President Donald Trump appeared open to giving Iran time to review Washing Upgrade to read this MT Newswires article and get so much more. A Silver or Gold subscription plan is required to access premium news articles.