Alibaba Group (NYSE:BABA)'s US-listed shares jumped almost 11% on Tuesday, supported by a temporary legal reprieve in the United States and growing optimism ahead of the company's upcoming earnings report. Investor sentiment improved after a US federal judge temporarily blocked restrictions...
Alibaba Group (NYSE:BABA)'s US-listed shares jumped almost 11% on Tuesday, supported by a temporary legal reprieve in the United States and growing optimism ahead of the company's upcoming earnings report. Investor sentiment improved after a US federal judge temporarily blocked restrictions...
Image of man in underwear, blindfold and bound to iron rod has been widely shared on social media Middle East crisis live – latest updates An Israeli soldier’s photo of a Palestinian from Gaza stripped to his underwear, blindfolded and bound face-down to an iron rod corroborates extensive reporting on Israeli torture of Palestinians in detention and itself may constitute a war crime, rights groups...
Image of man in underwear, blindfold and bound to iron rod has been widely shared on social media Middle East crisis live – latest updates An Israeli soldier’s photo of a Palestinian from Gaza stripped to his underwear, blindfolded and bound face-down to an iron rod corroborates extensive reporting on Israeli torture of Palestinians in detention and itself may constitute a war crime, rights groups said. The image was shared on a now-deleted personal social media account, with the Hebrew-language caption “good morning”. It was brought to wider public attention by a Palestinian writer and activist who goes by Tamer . Continue reading...
Corn price action is steady so far on Wednesday morning. Futures extended the rally to Tuesday, with contracts closing 3 ½ to 6 ¾ cents higher, as July was just 1 ¾ cents higher. Open interest suggested more shorts were covering, down 3,120 contracts on Tuesday. There was just 1...
Corn price action is steady so far on Wednesday morning. Futures extended the rally to Tuesday, with contracts closing 3 ½ to 6 ¾ cents higher, as July was just 1 ¾ cents higher. Open interest suggested more shorts were covering, down 3,120 contracts on Tuesday. There was just 1...
Soybeans are trading with 8 to 11 cents higher in the nearbys early on Wednesday, with November up 3 cents. Futures found late session strength to post 2 to 9 ¾ cent gains, as nearby July was up 14 ½ cents. Open interest was up 19,506 contracts on Tuesday, implying...
Soybeans are trading with 8 to 11 cents higher in the nearbys early on Wednesday, with November up 3 cents. Futures found late session strength to post 2 to 9 ¾ cent gains, as nearby July was up 14 ½ cents. Open interest was up 19,506 contracts on Tuesday, implying...
Wheat is showing 3 to 5 cent gains so far on Wednesday morning. The wheat complex found late session strength on Tuesday. Chicago SRW contracts were 3 ¼ to 7 ¼ cents in the green on the day. Open interest rose 3,610 contracts on Tuesday. KC HRW futures were 1...
Wheat is showing 3 to 5 cent gains so far on Wednesday morning. The wheat complex found late session strength on Tuesday. Chicago SRW contracts were 3 ¼ to 7 ¼ cents in the green on the day. Open interest rose 3,610 contracts on Tuesday. KC HRW futures were 1...
jetcityimage Ollie’s Bargain Outlet ( OLLI ) is pinned down in early Wednesday trading and set a two-year low after J.P. Morgan’s Matthew Boss downgraded the stock to Neutral from Overweight as second quarter results will likely show a miss on same-store sales and compressed gross margins from increased promotional activity. Boss also cut Ollie’s ( OLLI ) target price by more than half to $70. The...
jetcityimage Ollie’s Bargain Outlet ( OLLI ) is pinned down in early Wednesday trading and set a two-year low after J.P. Morgan’s Matthew Boss downgraded the stock to Neutral from Overweight as second quarter results will likely show a miss on same-store sales and compressed gross margins from increased promotional activity. Boss also cut Ollie’s ( OLLI ) target price by more than half to $70. The expectation for gross profit dollar growth to be half of the consensus estimates and below-plan same-store sales in Q2 is based on the assumption by Ollie’s management that comparable store sales were already running behind guidance due to the combination of unseasonable weather pressuring key categories and surging fuel prices driving trip consolidation. Similarly, Boss’s work points to June and July-to-date comparable sales similarly running negative to low single-digit despite increased promotion activity, easing gas prices in June, and improved summer/seasonal weather conditions compared to May. With this assumption, Boss lowered his Q2 EPS estimate by $1.04 (versus street consensus of $1.15) based on a 1% decline in same-store sales (versus +1.4% street consensus and +1.7% by Ollie’s management) and a 38.7% underlying gross margin on higher promotional activity. More on Ollie's Bargain Outlet Ollie's: Buying The Valuation Reset Despite A Messier Comp Ollie's Bargain Outlet Holdings, Inc. (OLLI) Q1 2026 Earnings Call Transcript Ollie's Bargain Outlet: Store Openings Drive Growth (Rating Upgrade) Ollie's Bargain Outlet Non-GAAP EPS of $0.91 beats by $0.04, revenue of $658.9M misses by $2.75M Ollie's Bargain Outlet Q1 2027 Earnings Preview
Once a rare event reserved for historic mega-acquisitions, the jumbo bond sale is increasingly becoming the tech sector’s go-to financing tool. Debt offerings of $25 billion or more have quickly shifted into a baseline for tech giants funding their artificial intelligence expansion, with Amazon.com Inc. ’s sale on Tuesday marking the seventh time this year alone a technology company has reached th...
Once a rare event reserved for historic mega-acquisitions, the jumbo bond sale is increasingly becoming the tech sector’s go-to financing tool. Debt offerings of $25 billion or more have quickly shifted into a baseline for tech giants funding their artificial intelligence expansion, with Amazon.com Inc. ’s sale on Tuesday marking the seventh time this year alone a technology company has reached that threshold in a single shot. That’s more than the total number of big sales in the previous six years. But Wall Street is showing signs of fatigue. Amazon’s deal was met with a distinctly chilly reception , pulling in only 1.6 times as many orders as the $25 billion of bonds offered — a steep slide from the demand it enjoyed just four months ago and well below this year’s average. The drop-off underscores a growing friction in high-grade credit: while blockbuster sales allow hyperscalers to meet their massive cash needs quickly, the sheer magnitude of the combined borrowing is pushing investors to their exposure limits. “People are anticipating so much supply, and they don’t want to get too full on a name already, because they know companies are going to have to come back to market again only a few months later,” said Brij Khurana , a portfolio manager at Wellington Management. Read More: Amazon Offers Healthy Concessions Amid Tech Selloff There are other signs of waning demand, too. When SpaceX , Elon Musk’s rocket, satellite and AI conglomerate, sold bonds last month, it found just $73 billion of final orders for $25 billion of notes. The securities weakened quickly relative to Treasuries in secondary-market trading, implying money managers hoping for a quick profit were dumping the securities. That’s unusual for a big bond sale. There are advantages to borrowing big: Companies have vast amounts of money to raise, and borrowing just once or twice a year can cut funding costs. Big enough deals can also effectively force investors to buy at least some of the bonds to avoi...
In early trading on Wednesday, shares of Valero Energy topped the list of the day's best performing components of the S&P 500 index, trading up 4.1%. Year to date, Valero Energy registers a 70.3% gain. And the worst performing S&P 500 component thus far on the day is S
In early trading on Wednesday, shares of Valero Energy topped the list of the day's best performing components of the S&P 500 index, trading up 4.1%. Year to date, Valero Energy registers a 70.3% gain. And the worst performing S&P 500 component thus far on the day is S
Cotton prices are down 19 to 28 points so far on Wednesday morning trade. Futures closed with contracts 99 to 299 points higher, with some contracts hitting the three cent limit at the high. The outside markets were mixed, as Crude oil was up $3.65 following Iran striking vessels in...
Cotton prices are down 19 to 28 points so far on Wednesday morning trade. Futures closed with contracts 99 to 299 points higher, with some contracts hitting the three cent limit at the high. The outside markets were mixed, as Crude oil was up $3.65 following Iran striking vessels in...
Looking at the universe of stocks we cover at Dividend Channel, on 7/10/26, Oracle Corp (Symbol: ORCL) will trade ex-dividend, for its quarterly dividend of $0.50, payable on 7/24/26. As a percentage of ORCL's recent stock price of $140.40, this dividend works out to approximat
Looking at the universe of stocks we cover at Dividend Channel, on 7/10/26, Oracle Corp (Symbol: ORCL) will trade ex-dividend, for its quarterly dividend of $0.50, payable on 7/24/26. As a percentage of ORCL's recent stock price of $140.40, this dividend works out to approximat
Hong Kong’s annual anime fair will return with its biggest edition yet, boosting capacity by 20 per cent and featuring a record 201 exhibitors, alongside live sketches by local comic masters and a vintage toy collectibles exhibition. The organiser of Ani-Com & Games Hong Kong (ACGHK) on Wednesday announced that its 27th edition would be able to accommodate 38,000 participants, 7,000 more than last...
Hong Kong’s annual anime fair will return with its biggest edition yet, boosting capacity by 20 per cent and featuring a record 201 exhibitors, alongside live sketches by local comic masters and a vintage toy collectibles exhibition. The organiser of Ani-Com & Games Hong Kong (ACGHK) on Wednesday announced that its 27th edition would be able to accommodate 38,000 participants, 7,000 more than last year’s event, and host a record 201 exhibitors, up from 160 in 2025. The event will run from July...
Four US states are seeking $1.4 trillion in penalties from Meta Platforms over allegations that its platforms addict young users. The case targets core design and engagement features across Meta’s social apps and is set for trial in August. The penalty request is close to Meta’s current market value, raising questions about regulatory risk and future operating flexibility. Meta Platforms, NasdaqGS...
Four US states are seeking $1.4 trillion in penalties from Meta Platforms over allegations that its platforms addict young users. The case targets core design and engagement features across Meta’s social apps and is set for trial in August. The penalty request is close to Meta’s current market value, raising questions about regulatory risk and future operating flexibility. Meta Platforms, NasdaqGS:META, faces this legal fight with its stock trading at around $615.58 and a mixed recent...