The war reveals Britain’s exposure to volatile fossil fuel prices. More North Sea drilling will not shield households, building domestic green energy will What should Britain do when war in the Middle East sends energy prices soaring? If the strait of Hormuz were blocked for the month of fighting that Donald Trump predicts, British households could face another brutal cost of living shock. Goldman...
The war reveals Britain’s exposure to volatile fossil fuel prices. More North Sea drilling will not shield households, building domestic green energy will What should Britain do when war in the Middle East sends energy prices soaring? If the strait of Hormuz were blocked for the month of fighting that Donald Trump predicts, British households could face another brutal cost of living shock. Goldman Sachs warns of prices at the pump rising to 2022 levels. That would put more than 50p on each litre in the tank. Prolonged disruption to global gas supplies could see energy bills in the UK rise by £900 to £2,500 a year. Such uncertainty strengthens the case for going big on clean energy. Ed Miliband, the energy secretary, has grasped this reality . By contrast, the Conservatives and Reform UK are doubling down on domestic fossil fuel extraction. The debate is framed around a simple claim of energy security: drill more at home. But the argument is rhetorical. Britain might export a bit more crude and have a smidgen more gas. But it would still need to import refined fuels and liquefied natural gas (LNG). Households would remain exposed to global energy shocks. Clean electricity, by contrast, cuts gas demand and reduces exposure to volatile markets. The political pressures are jobs, tax revenues and the economies of Scotland and north-east England tied to a declining asset. Continue reading...
Daniel Grizelj/DigitalVision via Getty Images In a somewhat surprising turn of events, Universal Music Group ( UMGNF ) ( UNVGY ) shares are down 25% since their IPO in 2021, hugely underperforming the market. The world's largest music label had (and still has) all the makings of a high-quality compounder, but, from quarter to quarter, they continue to disappoint investors with unpredictable result...
Daniel Grizelj/DigitalVision via Getty Images In a somewhat surprising turn of events, Universal Music Group ( UMGNF ) ( UNVGY ) shares are down 25% since their IPO in 2021, hugely underperforming the market. The world's largest music label had (and still has) all the makings of a high-quality compounder, but, from quarter to quarter, they continue to disappoint investors with unpredictable results and inexplicably low growth. Once again, similar to my prior coverage of "Hold" in October 2025 , I encourage investors to refrain from trying to catch this falling knife until there is a tangible sign of change. Not The Royalty Cash Cow Investors Had Hoped For Back in 2021, when Universal Music Group was spun off from Vivendi, investors envisioned an oligopoly capital-light play on the lucrative and resilient global music industry. Among those investors was Bill Ackman, who initially tried to merge UMG into a SPAC and later on bought a sizeable position under Pershing Square . Here's a slide from Pershing's February presentation , explaining their investment thesis: Pershing Square Investor Presentation Honestly, this is precisely what I thought back when I was still bullish on the company. From first principles, it's difficult to find a reason why UMG won't work as an investment. It has a coveted library that requires no further investment and generates a consistent stream of revenues; it has an unparalleled global network of labels and ability to find new artists; and this is a business of fixed costs, where operational leverage should be meaningful. Data by YCharts And yet, five years into the spinoff, none of this materialized. Revenue growth is slowing down, and earnings per share have gone virtually nowhere. After so many disappointing earnings reports, I finally moved to the sidelines , understanding that all those "One-Off Expenses" and "Temporary Growth Headwinds" are here to stay. Seeking Alpha While Ackman's Pershing Square is still bullish, I'm not, and the r...
Treatments continue to improve. The challenge now facing ministers is hugely unequal outcomes New analysis from Cancer Research UK, revealing a 29% drop in the rate of people dying from cancer compared with 40 years ago, is a vital counterpoint to grim health headlines about the UK’s outcomes falling behind those of other countries, and the NHS missing its own cancer targets. Prof Chris Whitty , t...
Treatments continue to improve. The challenge now facing ministers is hugely unequal outcomes New analysis from Cancer Research UK, revealing a 29% drop in the rate of people dying from cancer compared with 40 years ago, is a vital counterpoint to grim health headlines about the UK’s outcomes falling behind those of other countries, and the NHS missing its own cancer targets. Prof Chris Whitty , the chief medical officer for England, made a related point in a recent lecture. Stand back from the day to day, he said, and the extraordinary leaps forward enabled by vaccinations and other advances in treatment and public health come into focus. This longer view is not a cause for complacency or inaction. England’s latest cancer plan, launched last month, highlighted shocking lapses including lengthy waits for treatment and a failure to tackle inequalities in cancer mortality dating back 15 years. Last year, analysis by the Guardian found that about three-quarters of NHS trusts were failing to reach standards relating to diagnosis and treatment. Continue reading...
Sundry Photography/iStock Editorial via Getty Images Heading into the Q1 FY26 print, I downgraded my rating on Broadcom Inc. ( AVGO ) as I was concerned with a miss on the bottom line due to the recent price hike for high bandwidth memory ("HBM") chips. That didn't happen. In fact, last week, Broadcom (and Marvell (MRVL)) were the few stocks in the semiconductor industry to end the week in the gre...
Sundry Photography/iStock Editorial via Getty Images Heading into the Q1 FY26 print, I downgraded my rating on Broadcom Inc. ( AVGO ) as I was concerned with a miss on the bottom line due to the recent price hike for high bandwidth memory ("HBM") chips. That didn't happen. In fact, last week, Broadcom (and Marvell (MRVL)) were the few stocks in the semiconductor industry to end the week in the green. Guidance Terminal | 1wk returns as of premarket session of March 9 Instead, Broadcom delivered adjusted EBITDA margins above guidance (68% vs. 67% guided) and reiterated the same 68% adj. EBITDA margin for Q2, suggesting that the feared dilution has not yet materialized. In fact, I think the margin dilution risk is lower now that the company has secured the supply of wafers, HBM chips, and substrates through 2028. Visibility has also improved after management said it has a line of sight to AI chip revenue exceeding $100 billion by 2027, targeting 10 GW of compute deployments. On the risk side, I admit that I'm not particularly excited about the macro pressures, the rotation out of tech, and the weakness in the legacy businesses. However, I believe the Q1 results and guidance confirmed that Broadcom’s AI growth story is still in its early stages. Q1 FY26 Overview I'll start with the margins, as that's what made me sweat heading into the Q1 print. Management guided an adjusted EBITDA margin for Q1 at 67%. To my relief, the company reported an adjusted EBITDA of $13.1 billion, which represents 68% of revenue. The reason I was concerned is due to the well-known inverse relationship between margins and the ramp in XPUs. As I explained in an earlier coverage , this was well known since Q4 FY24! What spooked me was the hike in memory price, with estimates that suggest an 80-85% sequential increase in HBM blended chips: TrendForce On the guidance side, which is half of the story within any earnings report, management reiterated the 68% adj. EBITDA margin for Q2. I admit I was r...
Make better investment decisions with Simply Wall St's easy, visual tools that give you a competitive edge. Cisco Systems (NasdaqGS:CSCO) is partnering with SharonAI Holdings and NVIDIA to launch Australia's first Cisco Secure AI Factory. The initiative is focused on sovereign AI capabilities and secure data processing within Australia. The Secure AI Factory is aligned with Australia's National AI...
Make better investment decisions with Simply Wall St's easy, visual tools that give you a competitive edge. Cisco Systems (NasdaqGS:CSCO) is partnering with SharonAI Holdings and NVIDIA to launch Australia's first Cisco Secure AI Factory. The initiative is focused on sovereign AI capabilities and secure data processing within Australia. The Secure AI Factory is aligned with Australia's National AI Plan and aims to support an AI driven economy. Cisco, best known for networking, security, and infrastructure products, is using this Secure AI Factory project to deepen its role in AI centric data centers and secure cloud environments. For investors watching how large tech vendors fit into national AI programs, this partnership adds another data point to Cisco's position in critical digital infrastructure. For you as a shareholder or potential investor, the key question is how projects like this contribute to Cisco's relevance as AI workloads expand globally. The scale of partners involved and the focus on data sovereignty may influence how Cisco is perceived in future public sector and enterprise AI deals, both in Australia and in other regions pursuing similar goals. Stay updated on the most important news stories for Cisco Systems by adding it to your watchlist or portfolio. Alternatively, explore our Community to discover new perspectives on Cisco Systems. NasdaqGS:CSCO Earnings & Revenue Growth as at Mar 2026 4 things going right for Cisco Systems that this headline doesn't cover. This Secure AI Factory partnership plugs directly into Cisco Systems' push to be a core supplier for AI-ready data centers and secure national infrastructure. By placing 1,024 NVIDIA Blackwell Ultra GPUs on top of Cisco's UCS servers, networking, and security stack, Cisco is tying its hardware and software more tightly to AI training and inference workloads that require high bandwidth, low latency, and strong cybersecurity. For you, this kind of reference deployment in Australia shows how C...
Find winning stocks in any market cycle. Join 7 million investors using Simply Wall St's investing ideas for FREE. Applied Digital (NasdaqGS:APLD) announced a $2.15b private note offering to fund its AI data center buildout. The company entered into a $2.4b long term power supply agreement for its Polaris Forge campuses. The financing and power deal together exceed $4b in commitments tied to Appli...
Find winning stocks in any market cycle. Join 7 million investors using Simply Wall St's investing ideas for FREE. Applied Digital (NasdaqGS:APLD) announced a $2.15b private note offering to fund its AI data center buildout. The company entered into a $2.4b long term power supply agreement for its Polaris Forge campuses. The financing and power deal together exceed $4b in commitments tied to Applied Digital's AI focused infrastructure plans. Nvidia recently exited its shareholder position, drawing fresh attention to Applied Digital's funding and execution story. Applied Digital positions itself as an AI focused data center developer, targeting power intensive compute workloads that many traditional facilities cannot easily support. With AI infrastructure demand in focus across markets, the combination of long duration power access and large scale funding gives the company a platform to pursue its Polaris Forge campus buildout. For investors, the size and structure of these commitments may shape how they think about capital intensity and potential capacity expansion at NasdaqGS:APLD. Looking ahead, the key questions are how effectively Applied Digital converts these financing and power agreements into operational data center capacity and tenant commitments. Nvidia's exit as a shareholder may keep market attention on client concentration, funding terms, and execution risk rather than just headline capital raised. As new details emerge on construction progress, lease activity, and balance sheet impact, investors will have more information to assess how these moves fit into their own risk and time horizon. Stay updated on the most important news stories for Applied Digital by adding it to your watchlist or portfolio. Alternatively, explore our Community to discover new perspectives on Applied Digital. NasdaqGS:APLD 1-Year Stock Price Chart Is Applied Digital's balance sheet strong enough for future acquisitions? Dive into our detailed financial health analysis. The 6.75...
Get insights on thousands of stocks from the global community of over 7 million individual investors at Simply Wall St. Amazon's fair value estimate has been nudged slightly lower, with the price target moving from US$281.46 to US$280.47 per share. Analysts are tying this small adjustment to fresh debates around AI driven cloud demand, advertising growth potential, and renewed caution on how sensi...
Get insights on thousands of stocks from the global community of over 7 million individual investors at Simply Wall St. Amazon's fair value estimate has been nudged slightly lower, with the price target moving from US$281.46 to US$280.47 per share. Analysts are tying this small adjustment to fresh debates around AI driven cloud demand, advertising growth potential, and renewed caution on how sensitive valuations can be when discount rate assumptions move. Read on to see how these updated views are shaping the current narrative around Amazon and how you can track it over time. Analyst Price Targets don't always capture the full story. Head over to our Company Report to find new ways to value Amazon.com. What Wall Street Has Been Saying 🐂 Bullish Takeaways TD Cowen and Wells Fargo highlight Amazon's ad business and AWS as key growth drivers. TD Cowen points to survey work showing over 60% of Amazon advertisers planning to increase spend in 2026, while Wells Fargo focuses on potential AI driven cloud demand and higher compute capacity. TD Cowen, BMO Capital, UBS, Citizens, Oppenheimer, Stifel and Roth Capital have all raised price targets at various points, signaling confidence in Amazon's execution across ads, retail and cloud, even as they reassess assumptions. TD Cowen views OpenAI's US$50b investment and expanded US$100b AWS compute commitment as a positive signal for AWS, reinforcing analyst interest in Amazon's role in large AI workloads. Wedbush and Mizuho see OpenAI scaling back native shopping in ChatGPT as supportive for large e commerce and marketplace operators, explicitly calling out Amazon as one of the resilient leaders less exposed to AI driven disintermediation fears. 🐻 Bearish Takeaways Cantor Fitzgerald, Wolfe Research, Raymond James and several other firms have trimmed Amazon price targets at different times, reflecting sensitivity to valuation, macro questions and the level of capital investment needed for AI and cloud. Do your thoughts align with ...
Key Points The most popular benchmark, the S&P 500, generated an above-average total return of 306% over the past decade. Based on the current CAPE ratio, the stock market is at a historically expensive level. There are still reasons for investors to remain optimistic enough to put capital to work. 10 stocks we like better than S&P 500 Index › The main objective of investing is to grow one's purch...
Key Points The most popular benchmark, the S&P 500, generated an above-average total return of 306% over the past decade. Based on the current CAPE ratio, the stock market is at a historically expensive level. There are still reasons for investors to remain optimistic enough to put capital to work. 10 stocks we like better than S&P 500 Index › The main objective of investing is to grow one's purchasing power over time. It's that simple. And nothing comes closer to doing just that than the stock market. Recent performance has been quite impressive. The closely watched S&P 500 index (SNPINDEX: ^GSPC) has generated a total return of 300% in the past decade, well above its long-run average. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » It's impossible not to come away impressed by this stellar gain. However, the stock market is flashing a clear warning to investors. Here's what history says could happen in 2026 and beyond. Now is a good time to understand the present clearly After an above-average performance, it makes sense that the market's valuation is also elevated. The cyclically adjusted price-to-earnings ratio (CAPE) is a widely followed metric that compares the S&P 500's current price to the average of trailing 10-year earnings, adjusted for inflation. That's a mouthful. But investors should know that a higher figure means things are more expensive. The CAPE ratio right now is 39.2. That's 54% higher than exactly 10 years ago. And the current level is in the same ballpark as the dot-com bubble period. Besides that short-lived tech boom, this data point has never been this inflated. Analysis from Invesco, which looks at correlation data, reveals that over the next 10 years, investors can expect the S&P 500 to produce flat to slightly negative annualized returns. In other words, an expensive s...
Iran Hails Deadly Cluster Bomb Attack On Central Israel: 'First Wave Under New Ayatollah' Since the start of Operation Epic Fury against Iran, Israel has suffered some rare mass casualty events and major destruction of sectors of its cities, especially in Tel Aviv. The official death toll stands at eleven civilians killed , and dozens wounded and injured ; while Israel's military just suffered two...
Iran Hails Deadly Cluster Bomb Attack On Central Israel: 'First Wave Under New Ayatollah' Since the start of Operation Epic Fury against Iran, Israel has suffered some rare mass casualty events and major destruction of sectors of its cities, especially in Tel Aviv. The official death toll stands at eleven civilians killed , and dozens wounded and injured ; while Israel's military just suffered two troop deaths in southern Lebanon . The most devastating single incident was when nine people were killed in an Iranian missile strike on Beit Shemesh near Jerusalem on March 1, amid Iran's retaliatory action. On Monday there are widespread reports of another significant deadly missile impact in the heart of Israel. Local media reports that at least one person was killed and two others seriously wounded after an Iranian missile carrying a cluster warhead struck central Israel on Monday. Illustrative: Cluster bomb open source image. Already there's been evidence of advanced hypersonic missiles sent on Israel, but cluster munitions by Iran may be something 'new' deployed in the war with Israel. Times of Israel describes that the cluster warhead hit at least six locations across central Israel , including Yehud, Or Yehuda, Holon, and Bat Yam. One man was killed and another critically wounded at a construction site in Yehud, while a third man was seriously wounded in Or Yehuda, medical officials have said. Large craters, and damage to area buildings and cars were witnessed at these scenes - and the diffusion of shrapnel. Shrapnel from these cluster attacks is among the most dangerous aspects to the warhead, which is banned across many countries according to international treaties. " At the construction site, two men in their 40s were critically hurt by shrapnel, with one succumbing to his wounds , Magen David Adom said. The second man was taken to a hospital," Times of Israel detailed. Iran's state broadcaster IRIB praised the strike, announcing that the country's armed forces ...
(RTTNews) - Coherus Oncology, Inc. (CHRS) will host a conference call at 4:30 PM ET on March 9, 2026, to discuss Q4 25 earnings results. To access the live webcast, log on to https://investors.coherus.com/events-presentations The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
(RTTNews) - Coherus Oncology, Inc. (CHRS) will host a conference call at 4:30 PM ET on March 9, 2026, to discuss Q4 25 earnings results. To access the live webcast, log on to https://investors.coherus.com/events-presentations The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
(RTTNews) - Vail Resorts (MTN) will host a conference call at 5:00 PM ET on March 9, 2026, to discuss Q2 26 earnings results. To access the live webcast, log on to https://investors.vailresorts.com To listen to the call, dial (800) 225-9448 (US) or +1 (203) 518-9708, conference ID MTNQ226. For a replay call, dial (800) 839-9557 (US) or +1 (402) 220-6089 (international). The views and opinions expr...
(RTTNews) - Vail Resorts (MTN) will host a conference call at 5:00 PM ET on March 9, 2026, to discuss Q2 26 earnings results. To access the live webcast, log on to https://investors.vailresorts.com To listen to the call, dial (800) 225-9448 (US) or +1 (203) 518-9708, conference ID MTNQ226. For a replay call, dial (800) 839-9557 (US) or +1 (402) 220-6089 (international). The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
(RTTNews) - Hewlett Packard Enterprise (HPE) will host a conference call at 5:00 PM ET on March 9, 2026, to discuss Q1 26 earnings results. To access the live webcast, log on to https://investors.hpe.com/#q1-fiscal-year-2026-hpe-earnings-conference-call The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
(RTTNews) - Hewlett Packard Enterprise (HPE) will host a conference call at 5:00 PM ET on March 9, 2026, to discuss Q1 26 earnings results. To access the live webcast, log on to https://investors.hpe.com/#q1-fiscal-year-2026-hpe-earnings-conference-call The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Soybeans are down 5 to 7 cents at Monday’s midday, more than 35 cents off the overnight highs. Open interest was up 16,951 contracts on Friday. The cmdtyView national average Cash Bean price is down 6 1/4 cents at $11.20 1/2. Soymeal futures are down $3 to $3.70, with Soy Oil futures down 17 to 34. Crude oil is up just $3.97 at midday and nearly $25 from the overnight highs. US soybean ending stoc...
Soybeans are down 5 to 7 cents at Monday’s midday, more than 35 cents off the overnight highs. Open interest was up 16,951 contracts on Friday. The cmdtyView national average Cash Bean price is down 6 1/4 cents at $11.20 1/2. Soymeal futures are down $3 to $3.70, with Soy Oil futures down 17 to 34. Crude oil is up just $3.97 at midday and nearly $25 from the overnight highs. US soybean ending stocks are estimated to be trimmed by 6 mbu to 344 mbu in Tuesday’s WASDE. Don’t Miss a Day: Export Inspections data showed soybean shipments 879,190 MT (32.3 mbu) shipped in the week that ended on March 5. That was down 24.3% from last week, but up 2.5% vs. the same week last year. China was the top destination of 411,462 MT, with 161,746 MT to Egypt and 118,747 MT to Indonesia. Marketing year shipments have totaled 27.09 MMT (995.3 mbu), which is down 29.6% yr/yr. CFTC data via the Commitment of Traders report indicated managed money adding just 14,700 contracts to their net long in the week ending on March 3. They took their net long in soybean futures and options to 198,902 contracts on Tuesday. Managed money was net long 62,087 contracts in soy meal, a 30,392 contract increase on the week, with specs adding 12,197 contracts other they soy oil net long at 75,509, the largest since November 2022. Brazil’s soybean crop was tallied at 51% harvested as of Thursday according to AgRural, with last year at 61% by this date. Mar 26 Soybeans are at $11.79 1/2, down 5 1/2 cents, Nearby Cash is at $11.20 1/2, down 6 1/4 cents, May 26 Soybeans are at $11.94 3/4, down 6 cents, Jul 26 Soybeans are at $12.08, down 5 cents, 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 are 65 cents to $1.425 in the red at midday. USDA’s national base hog price was not reported on Monday morning due to low volume. The CME Lean Hog Index was 19 cents higher on March 5 at $90.74. Commitment of Traders data from Tuesday’s close showed managed money increasing their net long in lean hog futures and options by 7,053 contracts to 124,036 contracts. Don’t Miss a Day: US...
Lean hog futures are 65 cents to $1.425 in the red at midday. USDA’s national base hog price was not reported on Monday morning due to low volume. The CME Lean Hog Index was 19 cents higher on March 5 at $90.74. Commitment of Traders data from Tuesday’s close showed managed money increasing their net long in lean hog futures and options by 7,053 contracts to 124,036 contracts. Don’t Miss a Day: USDA’s pork carcass cutout value from the Monday AM report was up $3.80 at $102.07 per cwt. All primals were reported higher. USDA estimated last week’s federally inspected hog slaughter at 2.497 million head. That is 19,000 head below last week but 95,953 head above the same week last year. Apr 26 Hogs are at $94.975, down $0.650, May 26 Hogs are at $99.425, down $1.425 Jun 26 Hogs are at $109.475, down $1.100, 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.
Live cattle futures are down $3.35 to $4.25 so far at midday. Cash trade settled in at $240 across most of the country last week. Feeder cattle futures are down $4.47 to $5.50. The CME Feeder Cattle Index was down another $1.47 to $367.32 on March 5. The Monday OKC feeder cattle auction showed 4,500 head for sale, with a lower undertone noted early. A strike a the JBS Greeley, CO plant could begin...
Live cattle futures are down $3.35 to $4.25 so far at midday. Cash trade settled in at $240 across most of the country last week. Feeder cattle futures are down $4.47 to $5.50. The CME Feeder Cattle Index was down another $1.47 to $367.32 on March 5. The Monday OKC feeder cattle auction showed 4,500 head for sale, with a lower undertone noted early. A strike a the JBS Greeley, CO plant could begin on March 16, as the union gave notice on Friday. Don’t Miss a Day: Commitment of Traders data from Friday afternoon showed managed money cutting back 4,494 contracts from their net long position in live cattle futures and options as of Tuesday at 114,519 contracts. In feeder cattle futures and options, spec funds pared back 206 contracts from their net long to 17,956 contracts but 3/3. Wholesale Boxed Beef prices were higher in the Monday morning report, with the Chc/Sel spread widening to $9.43. Choice boxes were up $3.44 to $390.66, while Select was $2.28 higher to $381.23. USDA estimated federally inspected cattle slaughter for last week at 521,000 head. That is 2,000 head above the previous week but 58,267 head shy of the same week last year. Apr 26 Live Cattle are at $230.325, down $4.250, Jun 26 Live Cattle are at $227.625, down $3.850, Aug 26 Live Cattle are at $225.900, down $3.350, Mar 26 Feeder Cattle are at $351.150, down $4.475 Apr 26 Feeder Cattle are at $346.525, down $5.100 May 26 Feeder Cattle are at $342.575, down $5.500 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.
Cotton futures are up 15 to 51 points across most contracts. Crude oil is up just $3.97 at midday and nearly $25 from the overnight highs. The US dollar index is back up $0.116 at $99.095. CFTC reported managed money increasing their net short position in cotton futures and options by 7,569 contracts as of 3/3, taking the net position to 72,937 contracts. Don’t Miss a Day: The Seam showed sales of...
Cotton futures are up 15 to 51 points across most contracts. Crude oil is up just $3.97 at midday and nearly $25 from the overnight highs. The US dollar index is back up $0.116 at $99.095. CFTC reported managed money increasing their net short position in cotton futures and options by 7,569 contracts as of 3/3, taking the net position to 72,937 contracts. Don’t Miss a Day: The Seam showed sales of 848 bales on March 6, averaging 58.05 cents/lb. The Cotlook A Index was down 10 points on Tuesday at 74.65 cents. ICE certified cotton stocks were steady on 3/6, with the certified stocks level at 128,504 bales. The Adjusted World Price was trimmed by 40 points on Thursday to 51.44 cents/lb. Mar 26 Cotton is at 63.19, up 16 points, May 26 Cotton is at 64.71, up 51 points, Jul 26 Cotton is at 66.65, up 49 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.