Corn price action is up 1 to 2 ½ cents in the front months early on Wednesday. Futures closed the Tuesday session with contracts 3 ¼ to 6 ½ cents higher, as spillover support from the wheat market is supportive. Open interest was up 6,779 contracts on Tuesday, suggesting net...
Corn price action is up 1 to 2 ½ cents in the front months early on Wednesday. Futures closed the Tuesday session with contracts 3 ¼ to 6 ½ cents higher, as spillover support from the wheat market is supportive. Open interest was up 6,779 contracts on Tuesday, suggesting net...
Justices rule in landmark 6-3 decision that Louisiana will have to redraw its congressional map Sign up for the Breaking News US email to get newsletter alerts in your inbox The US supreme court has ruled that Louisiana will have to redraw its congressional map, in a landmark decision that effectively guts a major section of the Voting Rights Act. In a 6-3 decision along partisan lines, the court ...
Justices rule in landmark 6-3 decision that Louisiana will have to redraw its congressional map Sign up for the Breaking News US email to get newsletter alerts in your inbox The US supreme court has ruled that Louisiana will have to redraw its congressional map, in a landmark decision that effectively guts a major section of the Voting Rights Act. In a 6-3 decision along partisan lines, the court rendered ineffective section 2 of the Voting Rights Act, the last remaining powerful provision of the 1965 civil rights law that prevents racial discrimination in voting. Section 2 specifically has long been used to ensure minority voters are treated fairly in redistricting Continue reading...
Getty Images In the months that followed my previous coverage , Starbucks Corporation ( SBUX ) has weakened, which revealed its sensitivity to recent macroeconomic changes. Even so, its robust fundamentals are evident and justify my positive view of this stock. Its still unmatched global market penetration and competitiveness continue to drive its growth and expansion. Its valuation is also still ...
Getty Images In the months that followed my previous coverage , Starbucks Corporation ( SBUX ) has weakened, which revealed its sensitivity to recent macroeconomic changes. Even so, its robust fundamentals are evident and justify my positive view of this stock. Its still unmatched global market penetration and competitiveness continue to drive its growth and expansion. Its valuation is also still reasonable at this level and suggests some upside potential. The only problem now is that technicals signal bearish tendencies, although buying opportunities may emerge again after the potential dip. SBUX Q2 2026: Unshaken Resilience Amid Market Challenges Many restaurant businesses are facing the various challenges posed by the continued increase in prices, fueled by tariff wars and recent geopolitical tensions. Their vulnerability to market volatility may be high considering softer consumer spending and purchasing power. But amid all this, Starbucks Corporation remains well-grounded and strong. Its solid market positioning and prudent store management are also evident. These things have been reflected in its most recent performance. In Q2 2026, SBUX sustained its strong start of FY 2026. Its operating revenue amounted to $9.53B , up by 8.8% YoY from $8.76B. This YoY increase was also much stronger than in my previous coverage at 5.5%. In fact, this was the strongest performance in eight quarters , or since Q3 2024. This shows its continued recovery and growth despite the impact of inflationary headwinds, labor disputes , and even boycotts . One aspect to consider is unparalleled and unmatched brand recognition and customer loyalty. Although competition among restaurants and coffee shops remains stiff, it still appears that SBUX emerged victorious if you look at its robust revenue growth. Even its actual net fees from licensed stores also increased, which suggests that their sales also rose. Its continued expansion also drove this growth because more stores meant more sale...
The oil shock and elevated inflation are top worries for investors in the bond market as Federal Reserve Chair Jerome Powell prepares to deliver the final press conference of his career at the central bank’s helm.
The oil shock and elevated inflation are top worries for investors in the bond market as Federal Reserve Chair Jerome Powell prepares to deliver the final press conference of his career at the central bank’s helm.
Justin Sullivan/Getty Images News Robinhood Markets ( HOOD ) shares fell sharply in Tuesday morning trading after the company's first-quarter results fell short of Wall Street expectations, breaking below a key level of technical support (now resistance). The trading platform's stock tumbled about 14% to ~$71 per share at press time, trailing its 50-day moving average around $76.39 a share, accord...
Justin Sullivan/Getty Images News Robinhood Markets ( HOOD ) shares fell sharply in Tuesday morning trading after the company's first-quarter results fell short of Wall Street expectations, breaking below a key level of technical support (now resistance). The trading platform's stock tumbled about 14% to ~$71 per share at press time, trailing its 50-day moving average around $76.39 a share, according to the daily chart. Its Q1 GAAP EPS of $0.38, missing the average analyst estimate of $0.39, fell from $0.66 in Q4 2025 and increased from $0.37 in Q1 2025. Q3 net revenue of $1.07B, trailing the $1.14B consensus, declined from $1.28B in the previous quarter and increased from $927M in the year-ago quarter. In addition to missing consensus estimates, Robinhood ( HOOD ) increased its guidance for full-year adjusted operating expenses and share-based compensation to include investments in Trump Accounts. Seeking Alpha's Quant rating system ranks HOOD a Sell, while the average SA analyst and average Wall Street analyst both rate the stock a Buy. Seeking Alpha More on Robinhood Markets Wall Street Breakfast Podcast: Trump Accounts Hit Robinhood Expenses Robinhood Q1: A Buy After The Double-Miss Robinhood Markets, Inc. (HOOD) Q1 2026 Earnings Call Transcript Robinhood outlines $2.7b-$2.825b 2026 adjusted OpEx outlook while targeting Q2 Rothera launch Robinhood stock slumps as Q1 earnings, revenue fail to impress
JHVEPhoto Warner Bros. Discovery ( WBD ) edged higher by 0.7% amid a report that European antitrust regulators are leaning toward approving the $110 billion sale to Paramount Skydance ( PSKY ). The European Commission appears to be skeptical of opponents' rationale against a transaction, according to traders, who cited a Capitol Forum report that was circulating on Wednesday. The EC may clear the ...
JHVEPhoto Warner Bros. Discovery ( WBD ) edged higher by 0.7% amid a report that European antitrust regulators are leaning toward approving the $110 billion sale to Paramount Skydance ( PSKY ). The European Commission appears to be skeptical of opponents' rationale against a transaction, according to traders, who cited a Capitol Forum report that was circulating on Wednesday. The EC may clear the deal during its Phase 1 probe rather than from an in-depth inquiry of the deal. The transaction is still in pre-notification phase in Europe and it's not clear when the filing will be made, though the companies are leaning towards late May or early June, according to the report. Paramount Skydance ( PSKY ) expects to secure antitrust approvals comfortably in Europe to buy Warner Bros, ( WBD ) and would consider divestments if necessary, Reuters reported in late February. Earlier this week, Paramount Skydance ( PSKY ) flagged 49.5% foreign ownership to fund Warner Bros. ( WBD ) acquisition in an FCC filing. More on Warner Bros. Discovery, Paramount Skydance Corporation Paramount Skydance: A Debt-Heavy, Risky, Long-Term Stock Debt Will Eat Paramount's Future Returns Warner Bros. Discovery And Paramount Skydance: A Lower-Risk Arb Play And A Leveraged Bet Paramount Skydance flags 49.5% foreign ownership to fund Warner Bros. acquisition in FCC filing Paramount Skydance names Media Pulse exclusive ad sales partner in Canada
Bank of America (BofA) raised its price target on Coca-Cola (NYSE:KO) stock to $90 from $88 and reiterated a Buy rating on April 29, following the beverage giant’s “impressive” 10% organic sales growth in Q1 2026. The price target raise by BofA reinforces Coca-Cola stock as a defensive anchor at a moment when richly valued ... BofA Raises Coca-Cola Price Target to $90 on 10% Organic Growth: Is the...
Bank of America (BofA) raised its price target on Coca-Cola (NYSE:KO) stock to $90 from $88 and reiterated a Buy rating on April 29, following the beverage giant’s “impressive” 10% organic sales growth in Q1 2026. The price target raise by BofA reinforces Coca-Cola stock as a defensive anchor at a moment when richly valued ... BofA Raises Coca-Cola Price Target to $90 on 10% Organic Growth: Is the Defensive King Back in Vogue?
Royal Navy chief says unified naval force will deter future Russian threats from the ‘open sea border’ to the north Britain has agreed to create a unified naval force with nine European countries to deter future Russian threats from the “open sea border” to the north, the head of the Royal Navy has announced. Gen Sir Gwyn Jenkins insisted that despite the ongoing crisis in the Middle East, where t...
Royal Navy chief says unified naval force will deter future Russian threats from the ‘open sea border’ to the north Britain has agreed to create a unified naval force with nine European countries to deter future Russian threats from the “open sea border” to the north, the head of the Royal Navy has announced. Gen Sir Gwyn Jenkins insisted that despite the ongoing crisis in the Middle East, where the strait of Hormuz remains closed after the US-Israel war in Iran that “Russia remains the gravest threat to our security”. Continue reading...
adventtr Exchange traded funds with significant exposure to NXP Semiconductors ( NXPI ) drew renewed investor attention after the chipmaker’s shares surged 25% on Wednesday, following stronger-than-expected first-quarter results and an upbeat outlook. The rally followed earnings that exceeded Wall Street forecasts, alongside guidance that signaled improving demand trends across key end markets. An...
adventtr Exchange traded funds with significant exposure to NXP Semiconductors ( NXPI ) drew renewed investor attention after the chipmaker’s shares surged 25% on Wednesday, following stronger-than-expected first-quarter results and an upbeat outlook. The rally followed earnings that exceeded Wall Street forecasts, alongside guidance that signaled improving demand trends across key end markets. Analysts responded with a wave of bullish commentary, further amplifying momentum in the stock and lifting sentiment across semiconductor-linked funds. NXPI is widely held across the ETF landscape, with 312 funds collectively owning 46.9M shares. The sharp move in the stock translated into notable gains for ETFs with heavier portfolio weightings in the company, underscoring how single-stock performance can meaningfully influence fund returns. Outlined below are the 10 ETFs that have the largest portfolio allocation towards shares of NXPI: Cambiar Aggressive Value ETF ( CAMX ), 4.75% allocation. Fidelity Electric Vehicles and Future Transportation ETF ( FDRV ), 4.49% allocation. VanEck Morningstar Wide Moat Value ETF ( MVAL ), 3.51% allocation. Direxion Daily Semiconductor Bull 3x Shares ( SOXL ), 3.31% allocation. Tema International Durable Quality ETF ( ITOL ), 3.31% allocation. iShares Semiconductor ETF ( SOXX ), 3.21% allocation. John Hancock Disciplined Value Select ETF ( JDVL ), 3.18% allocation. First Trust Nasdaq Semiconductor ETF ( FTXL ), 3.10% allocation. YieldMax Semiconductor Portfolio Option Income ETF ( CHPY ), 3.09% allocation. Guinness Atkinson Funds SmartETFs Sustainable Energy II Fund ( SOLR ), 3.06% allocation. Other Semiconductor ETFs: ( SMH ), ( XSD ), ( USD ), ( PSI ), and ( SEMI ). More on markets Oil tops $100 again and the United States Oil Fund LP ETF hit its highest level since 2015 Ray Dalio says a wealth tax may spark a bubble pop Big Tech earnings test AI spending as constraints begin to surface, Citi says Fed meeting ahead: Prediction markets hi...
Starbucks Chief Executive Officer Brian Niccol talks about the latest earnings report, improving the mobile order experience, adding new drink options to the menu and making drinks more consistent. He speaks to Bloomberg's Romaine Bostick. (Source: Bloomberg)
Starbucks Chief Executive Officer Brian Niccol talks about the latest earnings report, improving the mobile order experience, adding new drink options to the menu and making drinks more consistent. He speaks to Bloomberg's Romaine Bostick. (Source: Bloomberg)