Key Points Netflix's profits continue to rise at a strong pace, which can drive up the company’s valuation. Shares aren’t trading at a bargain valuation, so this variable could be a headwind. Reaching the trillion-dollar milestone seems inevitable, but it might take longer than the bulls are hoping for. 10 stocks we like better than Netflix › It's impossible to argue that Netflix (NASDAQ: NFLX) is...
Key Points Netflix's profits continue to rise at a strong pace, which can drive up the company’s valuation. Shares aren’t trading at a bargain valuation, so this variable could be a headwind. Reaching the trillion-dollar milestone seems inevitable, but it might take longer than the bulls are hoping for. 10 stocks we like better than Netflix › It's impossible to argue that Netflix (NASDAQ: NFLX) isn't one of the most disruptive companies of the century. It created the streaming video category, resulting in monster success. Shares have soared 26,440% in the past two decades (as of March 16). Today, Netflix holds a market cap of about $400 billion. What if the streaming pioneer becomes the next trillion-dollar stock? 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 » The math says it's possible Currently, 12 companies carry a market cap of $1 trillion or more. This is clearly an illustrious group to be a part of. The businesses on this list dominate their respective industries, a description fitting for Netflix as well. Netflix's market cap would need to expand by 150% for it to reach the $1 trillion mark. The math says that hitting this milestone is possible. In the past 10 years, the market cap soared by 859%. Even factoring in a slowdown in the future, it can be a realistic outcome. The company's financial performance has been stellar. Netflix's diluted earnings per share (EPS) increased at a compound annual rate of 36.5% between 2022 and 2025. The consensus view among Wall Street analysts is that this profit metric will grow at a yearly pace of 21.2% over the next three years. It's difficult not to get excited about Netflix's growth. In 2025, it added 23 million net new subscribers, pushing revenue 16% higher. Ad sales are projected to double this year to $3 billion. And it's pushing into new areas,...
Trump's mediators offer Hamas formal proposal to give up its weapons in Gaza toggle caption Ahmad Salem/Bloomberg via Getty Images SHEFFIELD, U.K., and JERUSALEM — Mediators have given Hamas a formal proposal to lay down its weapons, a senior U.S. official told NPR. The proposal calls for Hamas and all other militant groups in Gaza to hand over all weapons, making an emerging governing authority r...
Trump's mediators offer Hamas formal proposal to give up its weapons in Gaza toggle caption Ahmad Salem/Bloomberg via Getty Images SHEFFIELD, U.K., and JERUSALEM — Mediators have given Hamas a formal proposal to lay down its weapons, a senior U.S. official told NPR. The proposal calls for Hamas and all other militant groups in Gaza to hand over all weapons, making an emerging governing authority responsible for all arms. The demilitarization proposal was handed over to Hamas last week in Cairo, an additional official in the region said. A third person briefed on the proposal called it a comprehensive framework to ensure the "complete handover" and "full decommissioning" of arms belonging to Hamas and all other armed groups in Gaza, and that if Hamas accepts the proposal, it would ensure large-scale reconstruction of Gaza. Sponsor Message The person said Hamas has been asked to respond to the proposal in about a weeks time, after the Muslim Eid holiday. Senior Hamas officials did not immediately comment, and one Hamas official denied having received a proposal. Hamas and Israel signed on to President Trump's ceasefire deal last October, in an effort to end two years of war that have devastated Gaza and triggered conflicts across the Middle East. Trump's Board of Peace was established to oversee efforts to demilitarize Hamas, establish a multinational stabilization force for Gaza and ensure an Israeli military withdrawal from the territory. Hamas officials said they were willing to discuss their weapons but had been waiting for a formal proposal from mediators. The work of the Board of Peace has been largely put on hold, however, since the U.S. and Israel launched the war against Iran on Feb. 28, triggering a new regional conflict that has engulfed more than a dozen countries. The members of the new Palestinian transitional committee tasked to run postwar Gaza have still not entered the territory, and no new Palestinian police force or multinational force has been for...
Petrus Resources press release ( PRQ:CA ): Q4 Funds flow up 8%—Generated funds flow of $13.5 million in the fourth quarter of 2025, an 8% increase from $12.5 million reported in the fourth quarter of 2024. Production for the fourth quarter of 2025 averaged 9,568 boe/d, up 6% from 9,066 boe/d in the fourth quarter of 2024. 2026 OUTLOOK The previously announced 2026 capital budget includes planned c...
Petrus Resources press release ( PRQ:CA ): Q4 Funds flow up 8%—Generated funds flow of $13.5 million in the fourth quarter of 2025, an 8% increase from $12.5 million reported in the fourth quarter of 2024. Production for the fourth quarter of 2025 averaged 9,568 boe/d, up 6% from 9,066 boe/d in the fourth quarter of 2024. 2026 OUTLOOK The previously announced 2026 capital budget includes planned capital investment of $50 million to $60 million, with expected year end net debt (2) of $75 million to $80 million. The Company expects 2026 average daily production of 11,000 to 12,000 boe/d (1)(5) and annual funds flow (2) of $60 million to $65 million. For 2026, Petrus has hedged approximately 50% of its forecasted production at an average price of $3.02/mcf for natural gas and CAD$86.76/bbl for oil. More on Petrus Resources Petrus Resources Ltd. (PRQ:CA) Q4 2025 Earnings Call Transcript Petrus Resources reports 5% sequential drop in November production Dividend scorecard for Petrus Resources Financial information for Petrus Resources
Google is ramping up development of a dedicated Gemini AI app for Apple Inc. ’s Mac computer lineup, looking to step up competition with OpenAI and Anthropic PBC. The Alphabet Inc. -owned business began privately sharing an early version of the app with participants in a consumer beta testing program this week. The effort allows Google to get feedback on upcoming software from nonemployees, who ca...
Google is ramping up development of a dedicated Gemini AI app for Apple Inc. ’s Mac computer lineup, looking to step up competition with OpenAI and Anthropic PBC. The Alphabet Inc. -owned business began privately sharing an early version of the app with participants in a consumer beta testing program this week. The effort allows Google to get feedback on upcoming software from nonemployees, who can also help the company find bugs before a public release. “This is an early version of the Gemini for Mac app for your feedback and will have only critical features from the other clients but not all,” the company told testers, who asked not to be identified because the program is private. This indicates that the current version doesn’t include all the features that will ultimately come to market. The move is part of a race by AI companies to get their chatbots in front of as many people as possible. OpenAI’s ChatGPT and Anthropic’s Claude are already available as Mac apps. A Google spokesperson declined to comment or share when the app would ultimately be released to end users. But the beginning of outside testing suggests the company is on track for a release in the near future. Information about the upcoming app — code-named Janus — was shared with Bloomberg News by app researcher M1Astra . Google is asking testers to try out features for generating images, video, music, tables and charts, as well as mathematics and information analysis. The app also can search web-based information and go through past conversations. It offers personalization and can analyze uploaded media documents. Currently, users of Apple computers who want to access Gemini need to do so through the web. A dedicated Mac app would allow quicker access during workflows and makes it simpler for users to upload documents, a key task for artificial intelligence chatbots. For the upcoming Mac app, Google is testing a feature dubbed Desktop Intelligence. Similar to Mac AI software like Claude Cowork , this...
SL_Photography/iStock via Getty Images If you follow my work, you know I almost never cover airline companies. I consider them, for their operating model, to be almost entirely uninvestable - and I'm not the only investor feeling this way. Airline companies combine some of the worst fundamentals of a business model in one "package," and it takes a lot to get away from this. The combination of mass...
SL_Photography/iStock via Getty Images If you follow my work, you know I almost never cover airline companies. I consider them, for their operating model, to be almost entirely uninvestable - and I'm not the only investor feeling this way. Airline companies combine some of the worst fundamentals of a business model in one "package," and it takes a lot to get away from this. The combination of massive CapEx (the purchases, financing, or even operation of aircraft) coupled with razor-thin margins since the deregulation of most airline industries worldwide has created a situation where these companies spend very heavily but still can't make much of a profit in terms of the ROIC. Furthermore, while some investors may argue that some airlines are differentiated - I myself will, for instance, argue that Qatar Airways is (my carrier of choice for 90% of flights) - usually those differentiated airlines are not investable due to state ownership, or their differentiation is a momentary rather than a permanent thing. The further combination of sensitivity to external/macro factors (as we've seen not once, but now 3-4 times in the last 25 years) has the potential to drive these companies down with the force of a hydraulic press. During times of downturn, these companies' costs don't simply disappear either - they still need to maintain their assets, be they airplanes, catering, airports, or staff. So the combination of these fundamentals, coupled with a very limited ability to build any sort of competitive advantage, is not something that is, simply put, very appealing to put money into. Put another way, for me to consider investing in a company like this, the company would have to present me with a reason or set of reasons why its operations are differentiated enough to generate alpha over time. And I think, if not finding one, that is, I think I have found an airline that might be differentiated enough to justify the purchase at a certain price. And that airline is Copa Holdi...
This article first appeared on GuruFocus. Nvidia (NASDAQ:NVDA) just got another strong vote of confidence, with Elon Musk saying Tesla (NASDAQ:TSLA), SpaceX AI and xAI will keep buying its chips at scale. That's notable because Tesla is also building its own AI hardware. The company is currently working on its fifth-generation AI5 chip to support full self-driving, Robotaxi and its Optimus robot. ...
This article first appeared on GuruFocus. Nvidia (NASDAQ:NVDA) just got another strong vote of confidence, with Elon Musk saying Tesla (NASDAQ:TSLA), SpaceX AI and xAI will keep buying its chips at scale. That's notable because Tesla is also building its own AI hardware. The company is currently working on its fifth-generation AI5 chip to support full self-driving, Robotaxi and its Optimus robot. But even with that in-house push, Musk made it clear Nvidia still plays a huge role, calling himself a huge admirer of the company and Jensen Huang. The positioning is actually pretty clear. Tesla's AI5 chip can be used for training in data centers, but it's mainly designed for edge computing, especially for real-world applications like autonomy and robotics. Musk also hinted at what's coming next, saying a future AI6 chip could match the performance of two AI5 chips within the same design limits, showing how fast things are evolving.
The average net worth among all U.S. adults is $192,700, according to the most recent research from the Federal Reserve, based on data from 2022 and published in 2023. But the average among age groups varies widely, with older adults unsurprisingly boasting higher net worths. Generation X is generally defined as those born between 1965 and 1980, making the youngest members of this generation in th...
The average net worth among all U.S. adults is $192,700, according to the most recent research from the Federal Reserve, based on data from 2022 and published in 2023. But the average among age groups varies widely, with older adults unsurprisingly boasting higher net worths. Generation X is generally defined as those born between 1965 and 1980, making the youngest members of this generation in their mid-40s. This is the ideal time to ramp up savings, as you're in your peak earning years with at least a few years until retirement. Everyone's situation is different, so even if your net worth is below others' your age, that doesn't necessarily mean you're falling behind. That said, it can still be helpful to see where you stand among your peers. The median net worth by age Median figures are often more representative of the typical person, as averages can be heavily skewed by those with extremely high net worths. Among those age 45 to 54, the median net worth is around $247,000, according to the Federal Reserve data from 2022. Those age 55 to 64 have a median net worth of roughly $364,000. Age Group Median Net Worth (2022) Under 35 $39,040 35-44 $135,300 45-54 $246,700 55-64 $364,270 65-74 $410,000 75 and older $334,700 Again, comparison isn't always helpful in situations like these, as your saving goals will depend largely on your age, cost of living, and priorities. Those in more affordable towns may not need to save as much for retirement as those in expensive cities, for example, and those retiring early will likely need more in savings to last the rest of their lives. If you're aiming to build your net worth, investing in the stock market is one of the easiest and most accessible ways to do so. With consistent contributions to a 401(k) or IRA, you can increase your net worth by tens of thousands of dollars or more in just a few years.
Barrick Mining Corporation (B 5.60%) stock tumbled for the third day in a row Thursday, falling 6.7% through 2 p.m. ET -- and it's no great mystery why. Gold prices collapsed 5.6% today, falling to $4,614 per ounce, and silver prices fell even harder, down 7.8% to $71.41 per ounce. Gold and silver prices fall Gold prices have been declining for nine straight days now, as investors worry that the r...
Barrick Mining Corporation (B 5.60%) stock tumbled for the third day in a row Thursday, falling 6.7% through 2 p.m. ET -- and it's no great mystery why. Gold prices collapsed 5.6% today, falling to $4,614 per ounce, and silver prices fell even harder, down 7.8% to $71.41 per ounce. Gold and silver prices fall Gold prices have been declining for nine straight days now, as investors worry that the rising price of oil will fuel inflation and drive investors away from investing in gold (which does not pay interest) and into bonds instead (which do pay interest). After reaching a recent high of $5,242 on March 10, gold prices have slid about 11.5% -- but Barrick is down 18.3%. Does that make sense? It actually sort of does, once you notice that silver prices are down even more than Barrick's stock price -- and recall that Barrick mines both gold and silver. Since topping $89.59 on March 10, silver's price is down 20.3% per ounce. So basically, Barrick's stock price is becoming more closely tied to silver than to gold -- it's being treated like a silver stock, not a gold stock. Expand NYSE : B Barrick Mining Today's Change ( -5.60 %) $ -2.27 Current Price $ 38.20 Key Data Points Market Cap $68B Day's Range $ 36.50 - $ 38.32 52wk Range $ 17.00 - $ 54.69 Volume 1.4M Avg Vol 15M Gross Margin 48.22 % Dividend Yield 2.09 % Is Barrick stock cheap? The good news for investors is that all this selling has forced Barrick stock down to very attractive levels. Priced today at just 13.8 times earnings, the stock looks cheap. (Barrick also pays an attractive dividend yield of 4.2%.) Adding to the attraction, analysts don't expect the current weakness in gold and silver prices to last. Expectations for rising gold and silver prices have Barrick stock priced at barely 10 times next year's earnings. If you think, as I do, that precious metals prices are heading higher long-term, Barrick stock is worth a good hard look right now.
Key Points Gold and silver prices have been heading down for more than a week. Both precious metals saw steep price declines Thursday. 10 stocks we like better than Barrick Mining › Barrick Mining Corporation (NYSE: B) stock tumbled for the third day in a row Thursday, falling 6.7% through 2 p.m. ET -- and it's no great mystery why. Gold prices collapsed 5.6% today, falling to $4,614 per ounce, an...
Key Points Gold and silver prices have been heading down for more than a week. Both precious metals saw steep price declines Thursday. 10 stocks we like better than Barrick Mining › Barrick Mining Corporation (NYSE: B) stock tumbled for the third day in a row Thursday, falling 6.7% through 2 p.m. ET -- and it's no great mystery why. Gold prices collapsed 5.6% today, falling to $4,614 per ounce, and silver prices fell even harder, down 7.8% to $71.41 per ounce. 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 » Gold and silver prices fall Gold prices have been declining for nine straight days now, as investors worry that the rising price of oil will fuel inflation and drive investors away from investing in gold (which does not pay interest) and into bonds instead (which do pay interest). After reaching a recent high of $5,242 on March 10, gold prices have slid about 11.5% -- but Barrick is down 18.3%. Does that make sense? It actually sort of does, once you notice that silver prices are down even more than Barrick's stock price -- and recall that Barrick mines both gold and silver. Since topping $89.59 on March 10, silver's price is down 20.3% per ounce. So basically, Barrick's stock price is becoming more closely tied to silver than to gold -- it's being treated like a silver stock, not a gold stock. Is Barrick stock cheap? The good news for investors is that all this selling has forced Barrick stock down to very attractive levels. Priced today at just 13.8 times earnings, the stock looks cheap. (Barrick also pays an attractive dividend yield of 4.2%.) Adding to the attraction, analysts don't expect the current weakness in gold and silver prices to last. Expectations for rising gold and silver prices have Barrick stock priced at barely 10 times next year's earnings. If you think, as I do, that precio...
Audi team principal Jonathan Wheatley has been targeted by Aston Martin to lead their troubled Formula 1 team. Aston Martin team owner Lawrence Stroll has made Wheatley an offer to run the race team under managing technical partner Adrian Newey but no contract has yet been signed, insiders have told BBC Sport. Wheatley joined Audi only a year ago and has been based at its chassis headquarters in H...
Audi team principal Jonathan Wheatley has been targeted by Aston Martin to lead their troubled Formula 1 team. Aston Martin team owner Lawrence Stroll has made Wheatley an offer to run the race team under managing technical partner Adrian Newey but no contract has yet been signed, insiders have told BBC Sport. Wheatley joined Audi only a year ago and has been based at its chassis headquarters in Hinwil in Switzerland. Among the reasons for his desire to move on is said to be the appeal of a return to the UK. However, Wheatley's existing contract with Audi means it could be some time before he is able to join Aston Martin. An Aston Martin spokesperson said: "The team will not be engaging in media speculation about its senior leadership team. Adrian Newey continues to lead the team as team principal and managing technical partner." An Audi spokesperson said: "We are aware of the recent media reports. There is no official update from our side at this point in time and we do not comment on speculation." BBC Sport approached Wheatley for comment but he was unavailable. Signing Wheatley would allow Newey to focus his full attention on his main area of expertise, designing the car, and free him up from the other areas that fall under a team principal's remit. Newey stepped into the role as team principal, in addition to his wider role, in November last year after problems emerged in his relationship with then team principal and chief executive officer Andy Cowell. It was never intended to be a long-term position for Newey. Cowell is now focusing on helping engine partner Honda resolve problems with its new power unit, which has started the season lacking performance and reliability. Former Red Bull team principal Christian Horner, who was linked to Aston Martin last November, has met with Stroll this week. However, Newey is said by sources to be opposed to Horner joining the team. Wheatley, with whom Newey worked for 20 years at Red Bull, would be an acceptable alternative...
Harvepino/iStock via Getty Images The U.S. Department of State has approved potential arms sales exceeding $16.5 billion to several Middle Eastern partners as tensions with Iran intensify. The largest package is aimed at the United Arab Emirates, totaling more than $8.4 billion and covering missiles, drones, radar systems and upgrades tied to F-16 aircraft. Separate approvals include air and missi...
Harvepino/iStock via Getty Images The U.S. Department of State has approved potential arms sales exceeding $16.5 billion to several Middle Eastern partners as tensions with Iran intensify. The largest package is aimed at the United Arab Emirates, totaling more than $8.4 billion and covering missiles, drones, radar systems and upgrades tied to F-16 aircraft. Separate approvals include air and missile defense radar systems for Kuwait valued at about $8 billion, along with aircraft and munitions support for Jordan estimated at $70.5 million. The proposed sales come amid a sharp escalation in the regional conflict, following Iranian strikes on energy infrastructure in response to earlier attacks on its gas facilities. The exchanges have contributed to rising oil and gas prices. Major U.S. defense contractors expected to be involved include RTX ( RTX ) , Northrop Grumman ( NOC ) and Lockheed Martin ( LMT ) . More on iShares U.S. Aerospace & Defense ETF, RTX Corporation, etc. The Shahed Drone War Is Creating A Missile Defense Supercycle For Lockheed Martin Macro Insights: War, Oil, AI, And Your Retirement RTX Corp.: America's Missiles Shortage Changes Everything For The Stock Hegseth says amount of $200B request for Iran war funding “could move” U.S. intelligence sees lower near-term risk of China invading Taiwan
MistikaS/E+ via Getty Images Equinor ( EQNR ) said Thursday it will replace its marketing, midstream, and processing unit with two new business divisions , as it seeks to position the company for more efficient operations and increased value creation. The company said the new midstream, processing, and infrastructure unit will be responsible for the onshore refinery, operated terminals, pipelines,...
MistikaS/E+ via Getty Images Equinor ( EQNR ) said Thursday it will replace its marketing, midstream, and processing unit with two new business divisions , as it seeks to position the company for more efficient operations and increased value creation. The company said the new midstream, processing, and infrastructure unit will be responsible for the onshore refinery, operated terminals, pipelines, storage, and processing plants, to be led by Geir Sortvedt. The second new business unit will contain the company's trading and marketing activities, with the aim of creating better insight into market developments and customer demand, to be led by Irene Rummelhoff. "The separation into two business areas enables a closer integration between strategy, operating model, and organizational setup, with clearer accountability and better use of assets, insights, data, and capabilities across Equinor," the company said. Equinor ( EQNR ) shares trade up 6.3%, as energy companies rise across the board with Brent crude oil prices climbing to as high as $119/bbl. More on Equinor Equinor: Trading The Iran War Effect Should Not Distract From The Positive Fundamentals Equinor: I'm Happy That I'm 'In' In 2026, But... (Rating Downgrade) Equinor: Among Our Favorite Mega Cap Oil Companies
By Milana Vinn and Amy-Jo Crowley NEW YORK / LONDON, March 19 (Reuters) - Germany's Elmos Semiconductor is exploring a sale as its founders consider exiting the business, according to three people familiar with the matter. Elmos, which has a market value of around 2.3 billion euros ($2.5 billion), has hired Morgan Stanley to advise on the process, the people said, requesting anonymity because th...
By Milana Vinn and Amy-Jo Crowley NEW YORK / LONDON, March 19 (Reuters) - Germany's Elmos Semiconductor is exploring a sale as its founders consider exiting the business, according to three people familiar with the matter. Elmos, which has a market value of around 2.3 billion euros ($2.5 billion), has hired Morgan Stanley to advise on the process, the people said, requesting anonymity because the deliberations are confidential. Elmos and Morgan Stanley declined to comment. The company has begun early-stage discussions with potential buyers, including global semiconductor firms, two of the people said. German chipmaker Infineon Technologies and U.S.-based Qualcomm would be logical suitors for Elmos, one of the sources said, as both are looking to expand their automotive chip capabilities and broaden their product offerings. Infineon declined to comment, while Qualcomm did not immediately respond to requests for comment. FOUNDERS AND THEIR ENTITIES CONTROL MAJORITY OF COMPANY The sources cautioned Elmos could choose not to proceed with a transaction, and added that any deal for Elmos would likely draw close scrutiny from German regulators. Founded in 1984 by management consultant and physicist Klaus Weyer, university professor Gunter Zimmer, and Norbert Ellenberger, Elmos designs semiconductors used in vehicle safety, lighting and powertrain systems. Co-founder Weyer, through his private investment vehicle Weyer Beteiligungsgesellschaft, holds a 20.7% stake, with other founder-linked entities controlling a majority of the company, giving insiders effective control over any potential deal, according to company filings. The semiconductor firm sold its Dortmund wafer fab to U.S. industrial technology company Littelfuse in late 2024, allowing it to focus on chip design while outsourcing manufacturing. Elmos posted record 2025 sales of 582.6 million euros, slightly above the previous year, while earnings before interest and tax fell about 13% to 125.7 million eur...
Earnings Call Insights: Alvotech (ALVO) Q4 2025 Management View Robert Wessman, Founder, CEO & Executive Chairman, stated that "2025 was an important year for Alvotech. We continue to strengthen our position as one of the leading global developers of biosimilars. We expanded our commercial footprint, advanced several pipeline programs and strengthened the financial position of the company through ...
Earnings Call Insights: Alvotech (ALVO) Q4 2025 Management View Robert Wessman, Founder, CEO & Executive Chairman, stated that "2025 was an important year for Alvotech. We continue to strengthen our position as one of the leading global developers of biosimilars. We expanded our commercial footprint, advanced several pipeline programs and strengthened the financial position of the company through successful capital market transactions and our listing on NASDAQ Stockholm." Wessman highlighted the implementation of a comprehensive quality improvement program in response to FDA inspection findings and expects resubmission of affected applications in the second quarter of 2026. Wessman also announced, "Alvotech has 30 biosimilars in development today. We are advancing plans to have a second source manufacturing site for some of our key products going forward." The company is moving to diversify its manufacturing base, including expansion with a U.S.-based CMO partner. Lisa Graver, Chief Executive Officer Designate, emphasized, "The team has been executing on an extensive improvement plan to address all outstanding issues related to the FDA inspection in July 2025 to ensure we receive FDA approval for all pending applications for AVT03, 05 and 06 this year." Graver also discussed dual sourcing for manufacturing to enhance supply resilience and strategic flexibility. Graver reported, "Our commercial partner, Teva launched Selarsdi in the United States, marking our second biosimilar launch in the U.S. market...We also received geographic expansion with approvals and first launches for golimumab, denosumab and aflibercept across Europe, the United Kingdom and Japan." New partnerships were formed with Advanz Pharma and Dr. Reddy's, and Sandoz was added to broaden reach. Linda Jonsdottir, CFO, stated, "Total revenues in the quarter were up 13% compared to the same quarter last year, at $173 million with licensing revenues making up 75% of the total and being the key driver of...
Soybeans are trading with 5 to 7 cent gains so far on Thursday. The cmdtyView national average Cash Bean price is up 5 ¾ ents at $10.93 1/2. Soymeal futures are $11 to $13.20 higher on the day, with Soy Oil futures 6 points lower. The weekly Export Sales report from this morning showed just 298,208 MT of old crop bean sales in the week of March 12, below analysts expecting 350,000 to 800,000 MT. T...
Soybeans are trading with 5 to 7 cent gains so far on Thursday. The cmdtyView national average Cash Bean price is up 5 ¾ ents at $10.93 1/2. Soymeal futures are $11 to $13.20 higher on the day, with Soy Oil futures 6 points lower. The weekly Export Sales report from this morning showed just 298,208 MT of old crop bean sales in the week of March 12, below analysts expecting 350,000 to 800,000 MT. That was a MY low and 15.42% below the same week last year. New crop sales were just 6,600 MT, on the low end of the estimated 0 to 100,000 MT. Don’t Miss a Day: Soybean meal sales were tallied at 220,927 MT in the middle of the 150,000-350,000 MT estimates. Soybean oil sales were tallied at 5,241 MT, in the middle of estimates of net reductions of 20,000 MT to net sales of 22,000 MT. Abiove estimates the Brazilian soybean crop at 177.85 MMT, a 0.73 MMT increase from their previous number. IGC data from this morning tallied soybean production at 426 MMT for 2025/26, down 2 MMT from last month. Use was down 1 MMT, with stocks slipping 1 MMT to 78 MMT. Output for 2026/27 is seen up 16 MMT yr/yr to 442 MMT, with use up 12 MMT and carryout seen up just 1 MMT to 79 MMT. May 26 Soybeans are at $11.67 1/2, up 5 3/4 cents, Nearby Cash is at $10.93 1/2, up 5 3/4 cents, Jul 26 Soybeans are at $11.82 3/4, up 6 1/4 cents, Nov 26 Soybeans are at $11.46 1/2, up 5 cents, New Crop Cash is at $10.86 1/1, up 6 3/4 cents, On the date of publication, Austin Schroeder did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here. 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 sliding on Thursday with midday losses of $1.72 to $1.90. Cash trade has been quiet so far this week. The Thursday morning Fed Cattle Exchange online auction showed no sales on the 1,026 head offered, with bids of $232-235. Feeder cattle futures are falling $2.12 to $5.60 in the front months. The CME Feeder Cattle Index was up a penny to $358.32 on March 17. After last week...
Live cattle futures are sliding on Thursday with midday losses of $1.72 to $1.90. Cash trade has been quiet so far this week. The Thursday morning Fed Cattle Exchange online auction showed no sales on the 1,026 head offered, with bids of $232-235. Feeder cattle futures are falling $2.12 to $5.60 in the front months. The CME Feeder Cattle Index was up a penny to $358.32 on March 17. After last week’s multi year high in beef export sales, USDA reported just 3,207 MT in the week ending on 3/12, the lowest sales total for any week since October 2023. Shipments were 13,571 MT in that week. Don’t Miss a Day: Wholesale Boxed Beef prices were lower in the Thursday morning report, with the Chc/Sel spread at $6.74. Choice boxes were down $1.33 to $400.42, while Select was $2.49 lower to $393.68. USDA estimated federally inspected cattle slaughter for Wednesday at 105,000 head, with the week to date total at 308,000 head. That is down 9,000 head from last week and 20,077 head below the same week last year. Apr 26 Live Cattle are at $233.675, down $1.725, Jun 26 Live Cattle are at $232.225, down $1.775, Aug 26 Live Cattle are at $229.775, down $1.825, Mar 26 Feeder Cattle are at $356.600, down $2.125 Apr 26 Feeder Cattle are at $349.050, down $4.775 May 26 Feeder Cattle are at $344.300, down $5.575 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 falling $1.125 to $2.35 so far on Thursday. USDA’s national base hog price was not reported on Thursday morning due to light volume. The CME Lean Hog Index was another 7 cents higher on March 17 at $91.93. Export Sales data showed new pork business of 28,284 MT in the week that ended on 3/12, up 19.2% from the week prior. Shipments were at a 4-week low of 35,674 MT in that wee...
Lean hog futures are falling $1.125 to $2.35 so far on Thursday. USDA’s national base hog price was not reported on Thursday morning due to light volume. The CME Lean Hog Index was another 7 cents higher on March 17 at $91.93. Export Sales data showed new pork business of 28,284 MT in the week that ended on 3/12, up 19.2% from the week prior. Shipments were at a 4-week low of 35,674 MT in that week. Don’t Miss a Day: USDA’s pork carcass cutout value from the Wednesday PM report was down a nickel at $98.77 per cwt. The loin and butt primals were reported lower. USDA estimated the Wednesday federally inspected hog slaughter at 498,000 head, with the weekly total at 1.387 million head. That is 89,000 head below last week and 49,896 head above the same week last year. Apr 26 Hogs are at $92.625, down $1.125, May 26 Hogs are at $96.525, down $2.175 Jun 26 Hogs are at $105.175, down $2.350, 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.