A battery-electric Tesla Semi model and several other commercial vehicles on display. (Seth Clevenger/Transport Topics) Key Takeaways: Fleet leaders at TMC’s 2026 meeting in Nashville tested new technologies including the Tesla Semi, Cummins’ 2027 X15 engine and various efficiency and safety systems. The equipment highlights included Tesla’s lower-roof Semi, Cummins’ cleaner-burning X15 built for ...
A battery-electric Tesla Semi model and several other commercial vehicles on display. (Seth Clevenger/Transport Topics) Key Takeaways: Fleet leaders at TMC’s 2026 meeting in Nashville tested new technologies including the Tesla Semi, Cummins’ 2027 X15 engine and various efficiency and safety systems. The equipment highlights included Tesla’s lower-roof Semi, Cummins’ cleaner-burning X15 built for 2027 NOx rules and aerodynamic and visibility tools aimed at cutting fuel use amid rising diesel prices. Cummins plans limited X15 production in the fall as updated emissions standards take effect Jan. 1. [Stay on top of transportation news: Get TTNews in your inbox.] NASHVILLE, Tenn. — Whether climbing into the cab of a Tesla Semi or getting a feel for Cummins’ 2027 X15 diesel engine, fleet maintenance leaders have been gaining hands-on experience with some of the latest advances in trucking equipment here at the Technology & Maintenance Council’s 2026 Annual Meeting and Transportation Technology Exhibition. The commercial trucks lined up alongside the Music City Center — for display purposes and ride-along opportunities for TMC attendees — are also providing passersby with a glimpse of the commercial vehicle technologies being discussed in the convention hall. For a second straight year, Tesla Inc. brought one of its battery-electric Semis to TMC, this time showcasing a model with a lower roof fairing. Tesla, which first introduced the Semi in late 2017, began larger-scale production of the vehicle in March at its new manufacturing plant near Reno, Nev., designed to support an annual capacity of up to 50,000 units. Image The view from the cab of a Tesla Semi. (Seth Clevenger/Transport Topics) The long-range version of the zero-emission Class 8 tractor offers a range of up to 500 miles on a single charge, while a standard version provides about 325 miles of range. Meanwhile, Cummins Inc. provided TMC attendees with an early look at its 2027 X15 diesel engine. The company o...
Broadcom (AVGO 0.64%) has been a phenomenal artificial intelligence (AI) stock over the past three years, rising 449% thanks to rising demand for the company's processors as large tech companies fight for AI dominance. And more gains could be on the way. Analysts' average price target for Broadcom stock over the next 12 to 18 months is about $463. That would represent a gain of about 38% at the st...
Broadcom (AVGO 0.64%) has been a phenomenal artificial intelligence (AI) stock over the past three years, rising 449% thanks to rising demand for the company's processors as large tech companies fight for AI dominance. And more gains could be on the way. Analysts' average price target for Broadcom stock over the next 12 to 18 months is about $463. That would represent a gain of about 38% at the stock's current price, which seems possible given current AI spending and Broadcom's position in the hardware space. Broadcom is a leader in AI processor hardware Broadcom designs and manufactures application-specific integrated circuits (ASICs) that have quickly become an important part of AI data centers. The company's customers include leading tech companies like Meta and Alphabet. Counterpoint Research estimates that despite rising competition, Broadcom will remain the leader in AI-focused ASICs, with 60% market share by 2027. The most recent proof of Broadcom's benefit from this lead can be seen in the company's recently reported first-quarter results. Revenue increased by 29% to $19.3 billion, and non-GAAP earnings per share rose by 28% to $2.05. Notably, Broadcom's AI revenue jumped 106% from the year-ago quarter to $8.4 billion. And more growth is on the way, with CEO Hock Tan saying AI revenue growth is "accelerating," and the company expects AI semiconductor sales to be $10.7 billion in the second quarter. With these strong results and the company's lead in the ASICs processor market, Broadcom is in a perfect position to continue growing. Expand NASDAQ : AVGO Broadcom Today's Change ( -0.64 %) $ -2.09 Current Price $ 322.83 Key Data Points Market Cap $1.5T Day's Range $ 321.53 - $ 327.38 52wk Range $ 138.10 - $ 414.61 Volume 398K Avg Vol 29M Gross Margin 64.96 % Dividend Yield 0.74 % Soaring AI spending could help accelerate Broadcom stock Broadcom's leading position in AI processors is bolstered by the fact that large technology companies are accelerating their inv...
Trump-Appointed Counterterrorism Director Joe Kent Resigns In Protest Over U.S. War With Iran In a massive break from President Trump and MAGA, Joe Kent, Director of the National Counterterrorism Center (NCTC), announced his immediate resignation on Tuesday, citing irreconcilable opposition to the ongoing U.S. military operations against Iran. Kent declared he could not “in good conscience support...
Trump-Appointed Counterterrorism Director Joe Kent Resigns In Protest Over U.S. War With Iran In a massive break from President Trump and MAGA, Joe Kent, Director of the National Counterterrorism Center (NCTC), announced his immediate resignation on Tuesday, citing irreconcilable opposition to the ongoing U.S. military operations against Iran. Kent declared he could not “in good conscience support the ongoing war in Iran,” stating unequivocally that Iran posed “no imminent threat to our nation” and that the conflict was initiated “due to pressure from Israel and its powerful American lobby.” The move comes weeks into active strikes targeting Iranian nuclear sites, leadership, and infrastructure, with Iranian retaliation underway and global oil markets feeling the strain. After much reflection, I have decided to resign from my position as Director of the National Counterterrorism Center, effective today. I cannot in good conscience support the ongoing war in Iran. Iran posed no imminent threat to our nation, and it is clear that we started this… pic.twitter.com/prtu86DpEr — Joe Kent (@joekent16jan19) March 17, 2026 Kent, a retired Green Beret with 11 combat deployments, former CIA paramilitary officer, and Gold Star husband who lost his wife Shannon in a 2019 ISIS-claimed suicide bombing in Syria, framed his exit as a defense of the "America First" principles Trump championed during his 2016, 2020, and 2024 campaigns . He praised Trump's first term for decisively striking Qasem Soleimani and defeating ISIS without escalating into endless wars, noting that until June 2025, Trump recognized Middle East conflicts as a "trap" draining American lives and wealth. However, Kent alleges that " early in this administration, high-ranking Israeli officials and influential members of the American media deployed a misinformation campaign " that undermined Trump's platform, deceived him into believing Iran posed an imminent threat with a "clear path to a swift victory," and echoed...
Looking at the universe of stocks we cover at Dividend Channel , on 3/19/26, Vinci Compass Investments Ltd. - Class AH (Symbol: VINP) will trade ex-dividend, for its quarterly dividend of $0.17, payable on 4/2/26. As a percentage of VINP's recent stock price of $10.79, this dividend works out to approximately 1.58%, so look for shares of Vinci Compass Investments Ltd. - Class AH to trade 1.58% low...
Looking at the universe of stocks we cover at Dividend Channel , on 3/19/26, Vinci Compass Investments Ltd. - Class AH (Symbol: VINP) will trade ex-dividend, for its quarterly dividend of $0.17, payable on 4/2/26. As a percentage of VINP's recent stock price of $10.79, this dividend works out to approximately 1.58%, so look for shares of Vinci Compass Investments Ltd. - Class AH to trade 1.58% lower — all else being equal — when VINP shares open for trading on 3/19/26. In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from VINP is likely to continue, and whether the current estimated yield of 6.30% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of VINP shares, versus its 200 day moving average: Looking at the chart above, VINP's low point in its 52 week range is $8.66 per share, with $13.61 as the 52 week high point — that compares with a last trade of $10.42. In Tuesday trading, Vinci Compass Investments Ltd. - Class AH shares are currently up about 3.6% on the day. Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen » Also see: The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Looking at the universe of stocks we cover at Dividend Channel , on 3/18/26, Golden Entertainment Inc (Symbol: GDEN) will trade ex-dividend, for its quarterly dividend of $0.25, payable on 4/1/26. As a percentage of GDEN's recent stock price of $27.82, this dividend works out to approximately 0.90%, so look for shares of Golden Entertainment Inc to trade 0.90% lower — all else being equal — when G...
Looking at the universe of stocks we cover at Dividend Channel , on 3/18/26, Golden Entertainment Inc (Symbol: GDEN) will trade ex-dividend, for its quarterly dividend of $0.25, payable on 4/1/26. As a percentage of GDEN's recent stock price of $27.82, this dividend works out to approximately 0.90%, so look for shares of Golden Entertainment Inc to trade 0.90% lower — all else being equal — when GDEN shares open for trading on 3/18/26. In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from GDEN is likely to continue, and whether the current estimated yield of 3.60% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of GDEN shares, versus its 200 day moving average: Looking at the chart above, GDEN's low point in its 52 week range is $19.57 per share, with $32.74 as the 52 week high point — that compares with a last trade of $27.92. In Tuesday trading, Golden Entertainment Inc shares are currently up about 0.6% on the day. Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen » Also see: The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Looking at the universe of stocks we cover at Dividend Channel , on 3/19/26, UWM Holdings Corp (Symbol: UWMC) will trade ex-dividend, for its quarterly dividend of $0.10, payable on 4/9/26. As a percentage of UWMC's recent stock price of $3.69, this dividend works out to approximately 2.71%, so look for shares of UWM Holdings Corp to trade 2.71% lower — all else being equal — when UWMC shares open...
Looking at the universe of stocks we cover at Dividend Channel , on 3/19/26, UWM Holdings Corp (Symbol: UWMC) will trade ex-dividend, for its quarterly dividend of $0.10, payable on 4/9/26. As a percentage of UWMC's recent stock price of $3.69, this dividend works out to approximately 2.71%, so look for shares of UWM Holdings Corp to trade 2.71% lower — all else being equal — when UWMC shares open for trading on 3/19/26. In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from UWMC is likely to continue, and whether the current estimated yield of 10.83% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of UWMC shares, versus its 200 day moving average: Looking at the chart above, UWMC's low point in its 52 week range is $3.62 per share, with $7.14 as the 52 week high point — that compares with a last trade of $3.73. According to the ETF Finder at ETF Channel, UWMC makes up 1.16% of the Invesco KBW High Dividend Yield Financial ETF (Symbol: KBWD) which is trading up by about 1.4% on the day Tuesday. (see other ETFs holding UWMC). In Tuesday trading, UWM Holdings Corp shares are currently up about 1.8% on the day. Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen » Also see: The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Joe Kent, director of the National Counterterrorism Center, testifies during the House Homeland Security Committee hearing titled "Worldwide Threats to the Homeland," in Cannon building on Wednesday, December 11, 2025. Tom Williams | Cq-roll Call, Inc. | Getty Images National Counterterrorism Center Director Joe Kent on Tuesday announced he will resign in response to the Trump administration's mil...
Joe Kent, director of the National Counterterrorism Center, testifies during the House Homeland Security Committee hearing titled "Worldwide Threats to the Homeland," in Cannon building on Wednesday, December 11, 2025. Tom Williams | Cq-roll Call, Inc. | Getty Images National Counterterrorism Center Director Joe Kent on Tuesday announced he will resign in response to the Trump administration's military actions against Iran. "I cannot in good conscience support the ongoing war," Kent said in a letter addressed to President Donald Trump , that was posted on Kent's official personal X account. Kent, a promoter of far-right conspiracy theories whom the Senate narrowly confirmed for the director role last July, accused the president of being deceived by Israel into supporting war against Iran. "Iran posed no imminent threat to our nation, and it is clear that we started this war due to pressure from Israel and its powerful American lobby," Kent wrote in his letter. The White House, the National Counterterrorism Center and the Office of the Director of National Intelligence, which houses the counterterrorism center, did not immediately respond to CNBC's requests for comment. Read more CNBC politics coverage Trump-Xi China summit may be delayed if Trump wants to stay in Washington for Iran war: Bessent Democrats blast FCC Chair Carr’s broadcast license threats as anti-First Amendment, ‘totalitarian’ DOJ to appeal judge’s block of subpoenas to Fed in Jerome Powell criminal investigation This is developing news. Please check back for updates. Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.
Tesla Inc (NASDAQ:TSLA) is one of the Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy. Cathie Wood has long been a believer in Tesla Inc (NASDAQ:TSLA) and remains bullish on the company for the long term despite the EV maker facing demand challenges and tough competition. Wood has a $2,600 price target for Tesla Inc (NASDAQ:TSLA) for 2029. In a recent YouTube interview with “The Rundown,” Wood s...
Tesla Inc (NASDAQ:TSLA) is one of the Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy. Cathie Wood has long been a believer in Tesla Inc (NASDAQ:TSLA) and remains bullish on the company for the long term despite the EV maker facing demand challenges and tough competition. Wood has a $2,600 price target for Tesla Inc (NASDAQ:TSLA) for 2029. In a recent YouTube interview with “The Rundown,” Wood said most of Tesla’s upside potential comes from robotaxis. She mentioned Elon Musk’s recent claim that Tesla Inc (NASDAQ:TSLA)’s robo-taxis will be able to operate in 25% to 50% of major US cities by the end of the year, scaling faster than Waymo. Most of Tesla Inc (NASDAQ:TSLA)’s bull cases are linked to the company’s future plans for autonomous driving and robotics. But its EV business is facing tough competition and demand headwinds. In 2025, Tesla Inc (NASDAQ:TSLA)’s EV deliveries fell for the second straight year, and the company has lost its crown as the world’s top EV maker by annual deliveries to China’s BYD. The stock is down 11% so far this year. Baron Partners Fund stated the following regarding Tesla, Inc. (NASDAQ:TSLA) in its fourth quarter 2025 investor letter: “In 2025, we exited 30.5% of our position in Tesla, Inc. (NASDAQ:TSLA). We are extremely confident in the company’s prospects and ability to become a significantly more valuable business. The Fund completed its purchase of Tesla shares in 2016 with an ending portfolio weight of 9.6% of total investments. Its average cost of all purchases in the Fund was only $14.22 per share. Due to significant appreciation in the stock, the position increased to 26.7% of the portfolio’s total investments at the end of 2025. Despite offsetting some of the volatility caused by the position’s weight with more stable and uncorrelated investments, Tesla’s stock movements caused increased variability in the entire portfolio. We entered into agreements with a large investment bank to dispose of a portion of the holdings throu...
Key Points RZG charges higher fees and yields less than SLYG, but delivered stronger one-year returns as of March 2026 RZG’s smaller assets under management and much lower trading volume could make large trades slower or more expensive Sector weights differ: RZG leans into healthcare while SLYG splits most between industrials, tech, and healthcare 10 stocks we like better than Invesco Exchange-Tra...
Key Points RZG charges higher fees and yields less than SLYG, but delivered stronger one-year returns as of March 2026 RZG’s smaller assets under management and much lower trading volume could make large trades slower or more expensive Sector weights differ: RZG leans into healthcare while SLYG splits most between industrials, tech, and healthcare 10 stocks we like better than Invesco Exchange-Traded Fund Trust - Invesco S&P SmallCap 600 Pure Growth ETF › The State Street SPDR S&P 600 Small Cap Growth ETF (NYSEMKT:SLYG) and the Invesco S&P SmallCap 600 Pure Growth ETF (NYSEMKT:RZG) each target U.S. small-cap growth stocks, but RZG comes with higher costs, a sharper healthcare tilt, and greater liquidity concerns than SLYG. Both SLYG and RZG track indexes focused on small-cap companies with strong growth characteristics, but there are notable differences in cost, sector exposure, and practical considerations such as liquidity. This comparison highlights the most relevant tradeoffs for investors evaluating these two funds. Snapshot (cost & size) Metric SLYG RZG Issuer SPDR Invesco Expense ratio 0.15% 0.35% 1-yr return (as of 2026-03-11) 18.3% 23.6% Dividend yield 0.8% 0.4% Beta 1.06 1.16 AUM $4.0 billion $108.9 million Beta measures price volatility relative to the S&P 500; beta is calculated from five-year monthly returns. The one-year return represents total return over the trailing twelve months. RZG charges more than twice the annual fee of SLYG and pays out a lower yield, making SLYG more affordable and slightly more attractive for those prioritizing income. Performance & risk comparison Metric SLYG RZG Max drawdown (five years) (29.18%) (38.31%) Growth of $1,000 over five years $1,086 $1,042 What's inside RZG tracks a “pure growth” version of the S&P SmallCap 600, holding 130 stocks as of March 2026, with the heaviest weights in healthcare (24%), technology (19%), and industrials (16%). The fund’s largest positions—ACM Research Inc(NASDAQ:ACMR), Clear Secure Inc...
No matter how smart the ideas may have been, or how many top managers Peloton (NASDAQ: PTON) has hired, the company has been ruined, and the events that destroyed it have finally dragged it under. Its run is over Peloton did well during the COVID-19 pandemic. As the Harvard Business Review analysis pointed out in ... The Destruction of Peloton Continues
No matter how smart the ideas may have been, or how many top managers Peloton (NASDAQ: PTON) has hired, the company has been ruined, and the events that destroyed it have finally dragged it under. Its run is over Peloton did well during the COVID-19 pandemic. As the Harvard Business Review analysis pointed out in ... The Destruction of Peloton Continues
Image source: The Motley Fool. Wednesday, Aug. 13, 2025 at 11 a.m. ET Call participants President & Chief Executive Officer — Keith D. Tucker Executive Vice President & Chief Financial Officer — Nelson M. Haight Need a quote from a Motley Fool analyst? Email [email protected] Takeaways Revenue growth -- 8.5% year-over-year increase, totaling nearly $20 million, with consolidated gross margin up 7....
Image source: The Motley Fool. Wednesday, Aug. 13, 2025 at 11 a.m. ET Call participants President & Chief Executive Officer — Keith D. Tucker Executive Vice President & Chief Financial Officer — Nelson M. Haight Need a quote from a Motley Fool analyst? Email [email protected] Takeaways Revenue growth -- 8.5% year-over-year increase, totaling nearly $20 million, with consolidated gross margin up 7.1%. -- 8.5% year-over-year increase, totaling nearly $20 million, with consolidated gross margin up 7.1%. Adjusted EBITDA -- Rose 12.4% year over year to $24.5 million, with margin up 40 basis points to 9.9% of revenue. -- Rose 12.4% year over year to $24.5 million, with margin up 40 basis points to 9.9% of revenue. Inspection and Heat Treating segment -- Revenue advanced 15%, driven by a 13% increase in the U.S. and a 31% jump in Canada. -- Revenue advanced 15%, driven by a 13% increase in the U.S. and a 31% jump in Canada. IHT segment margin -- Adjusted EBITDA margin expanded by 118 basis points, supported by a 26% uplift in higher-margin heat treating revenues. -- Adjusted EBITDA margin expanded by 118 basis points, supported by a 26% uplift in higher-margin heat treating revenues. Mechanical Services segment -- U.S. revenue grew 7%, offsetting international softness and driving a total 2% segment increase. -- U.S. revenue grew 7%, offsetting international softness and driving a total 2% segment increase. SG&A reduction -- Adjusted SG&A expense, as a percentage of revenue, declined to 18.9% from 19.8% in the prior-year quarter. -- Adjusted SG&A expense, as a percentage of revenue, declined to 18.9% from 19.8% in the prior-year quarter. Transformation actions -- Around $10 million in annualized cost savings targeted, with about $6 million expected to be realized in the second half of 2025. -- Around $10 million in annualized cost savings targeted, with about $6 million expected to be realized in the second half of 2025. Liquidity position -- $49 million in liquidity at qu...
Image source: The Motley Fool. Tuesday, May 13, 2025 at 11 a.m. ET Call participants President and Chief Executive Officer — Keith Tucker Chief Financial Officer — Nelson Haight Need a quote from a Motley Fool analyst? Email [email protected] Takeaways Capital structure refinancing -- Management closed a refinancing in March 2025 that lowered the blended interest rate by more than 100 basis points...
Image source: The Motley Fool. Tuesday, May 13, 2025 at 11 a.m. ET Call participants President and Chief Executive Officer — Keith Tucker Chief Financial Officer — Nelson Haight Need a quote from a Motley Fool analyst? Email [email protected] Takeaways Capital structure refinancing -- Management closed a refinancing in March 2025 that lowered the blended interest rate by more than 100 basis points and extended term loan maturities to 2030. -- Management closed a refinancing in March 2025 that lowered the blended interest rate by more than 100 basis points and extended term loan maturities to 2030. Term loans -- The new first-lien term loan facility includes a $175 million funded term loan maturing in 2030 and a $50 million delayed draw term loan, subject to conditions. -- The new first-lien term loan facility includes a $175 million funded term loan maturing in 2030 and a $50 million delayed draw term loan, subject to conditions. Debt repayment -- $158 million of outstanding debt was repaid, including delayed draw term loans, equipment and real estate loans under the ABL facility, and a portion of the previous senior secured term loan; the remaining prior term loan balance converted to a $97.4 million second-lien term loan maturing in 2030. -- $158 million of outstanding debt was repaid, including delayed draw term loans, equipment and real estate loans under the ABL facility, and a portion of the previous senior secured term loan; the remaining prior term loan balance converted to a $97.4 million second-lien term loan maturing in 2030. Revenue -- Revenue was essentially flat year over year, with a 6.8% increase in the Inspection & Heat Treating segment and an 8.8% increase in U.S. core operations for IHT; midstream end-market revenues grew nearly 15%. -- Revenue was essentially flat year over year, with a 6.8% increase in the Inspection & Heat Treating segment and an 8.8% increase in U.S. core operations for IHT; midstream end-market revenues grew nearly 15%. Segme...
There is growing anger in pockets of the gaming community about the increased use of AI-generated content in titles, which has resulted in some studios scrapping games or promising to limit their use of the technology.
There is growing anger in pockets of the gaming community about the increased use of AI-generated content in titles, which has resulted in some studios scrapping games or promising to limit their use of the technology.
designer491/iStock via Getty Images Here at the Lab, we are back to comment on Swiss Re AG ( SSREF ) ( SSREY ). Last week, the company reported its Annual Report 2025, its business performance, and the risk assessment. As a reminder, we initiated Swiss Re one year ago, and so far the company has delivered a 16% gain, including its juicy dividend payment. That said, since our Q3 results comment, th...
designer491/iStock via Getty Images Here at the Lab, we are back to comment on Swiss Re AG ( SSREF ) ( SSREY ). Last week, the company reported its Annual Report 2025, its business performance, and the risk assessment. As a reminder, we initiated Swiss Re one year ago, and so far the company has delivered a 16% gain, including its juicy dividend payment. That said, since our Q3 results comment, the Swiss Re share price has declined by more than 8% (Fig. 1), and considering its outstanding results, we believe it is a good moment to start/increase a position. Here at the Lab, we have not commented on the December Capital Market Day, but we positively report that Swiss Re announced a buyback (as we previously anticipated). Aside from a positive shareholders' return, our buy rating was backed by 1) the insurance and reinsurance sectors' virtuous relationship, 2) valuation discount versus peers, and 3) solid execution. Mare Ev. Lab Rating Update Fig. 1 Swiss Re Results and Our Positive Take Starting with the bottom line, Swiss Re reported a yearly net profit of $4.8 billion, against a target of $4.4 billion (Fig. 2). Q4 net profit reached $717 million, beating Wall Street consensus estimates by 4%. By division, Property & Casualty Reinsurance delivered a stellar performance. P&C results more than double its net income year-over-year. The full-year combined ratio of 79.4% was exceptionally solid, crushing the prior year's 89.9% and its own target of below 85%. This was due to a lower-than-budgeted amount from Nat Cat and reserve-strengthening actions. The Corporate Solutions division continued its positive trajectory. Again, the company delivered a net profit up by 19% to nearly $1 billion. The combined ratio improved to 86.5% (from 89.7% in 2024) and is below Swiss Re's previously communicated own targets of 91%. Results were backed by investment performance and disciplined execution. Lastly, Life & Health Reinsurance was the segment's weak spot. In numbers, net income d...
Corn price action is up fractionally to 2 cents so far on Tuesday morning. Futures posted 12 to 13 1/4 cent losses in the nearbys on Monday. Preliminary open interest was down 23,389 contracts on Monday suggesting some longs liquidating, as May dropped 25,724 contracts, with December down 10,909. Pressure was from beans and crude oil slipping $4.49. The CmdtyView national average Cash Corn price w...
Corn price action is up fractionally to 2 cents so far on Tuesday morning. Futures posted 12 to 13 1/4 cent losses in the nearbys on Monday. Preliminary open interest was down 23,389 contracts on Monday suggesting some longs liquidating, as May dropped 25,724 contracts, with December down 10,909. Pressure was from beans and crude oil slipping $4.49. The CmdtyView national average Cash Corn price was down 13 cents to $4.11 1/2. Monday morning’s Export Inspections report showed 1.658 MMT (65.3 mbu) of corn shipped in the week of 3/12. That was 1.98% below the week prior but 8.95% above the same week last year. Mexico was the largest destination of 446,121 MT, with 281,957 MT shipped to Japan and 150,849 MT to Colombia. The marketing year total is now 42.869 MMT (1.688 bbu) of corn shipped since September 1, which is 39.16% above the same period last year. China was the sole destination for 127,639 MT of sorghum. Don’t Miss a Day: Ukraine’s economic ministry estimates the country will plant 4.42 million hectares (10.92 million acres) of corn this spring. Overall grain acreage is estimated at 6 million hectares (14.83 million acres), up 240,000 (593,000 acres) from last year. May 26 Corn closed at $4.54, down 13 1/4 cents, currently up 3/4 cent Nearby Cash was $4.11 1/2, down 13 cents, Jul 26 Corn closed at $4.65 3/4, down 12 1/2 cents, currently up 3/4 cent Sep 26 Corn closed at $4.67 1/4, down 12 cents, currently up 1 cent 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.
Soybeans are trading with 4 to 7 cent gains so far on Tuesday morning as new crop November us up 12 ½ cents. Futures were down 60 to the 70 cent limit on Monday across the front months. Expanded limits of $1.05 are set for Tuesday. Open interest was down 21,862 contracts on Monday, mostly in May (18,356). The cmdtyView national average Cash Bean price was down 70 1/2 cents at $10.80 3/4. Soymeal f...
Soybeans are trading with 4 to 7 cent gains so far on Tuesday morning as new crop November us up 12 ½ cents. Futures were down 60 to the 70 cent limit on Monday across the front months. Expanded limits of $1.05 are set for Tuesday. Open interest was down 21,862 contracts on Monday, mostly in May (18,356). The cmdtyView national average Cash Bean price was down 70 1/2 cents at $10.80 3/4. Soymeal futures were down $5.10 to $11.50 in the front months to close out the day, with Soy Oil futures down the 350 point limit through September. Crude oil was down $4.49 on the day. US Treasury Secretary Bessent and Chinese counterparts met this weekend in Paris to prep for the meeting between President Trump and President Xi later this month. Following the meeting it was noted that China was open to buying more US ag goods, specifically more non-soybean row crops, putting some doubts on another 8 MMT for the current MY suggested by President Trump last month. Late on Sunday President Trump stated there could be a delay in the meeting with China, while also expecting to see China help unblock the Strait of Hormuz, with some thinking that the two are tied to one another, though Secretary Bessent has stated they are not. Don’t Miss a Day: USDA’s FGIS tallied soybean export shipments at 966,082 MT (34.5 mbu) during the week ending on March 12. That was 8.9% above the week prior and 45.4% larger than the same week last year. China was the top destination of 545,858 MT, with 224,944 MT headed to Egypt and 20380,194 MT to Mexico. Marketing year exports for 2025/26 are 28.06 MMT (1.031 bbu) since September 1, which is now 28.3% below the same period last year. NOPA data from Monday morning, showed a February record 208.785 mbu of soybeans crushed among members. That was up 10.57% from a year ago but down 1.52% from January. Daily crush of 7.46 mbu was a record for any month through NOPA’s history. Soybean oil stocks were 2.08 billion lbs, a 38.37% yr/yr increase, with a monthly jump of...
Live cattle futures saw Monday gains of $2.35 to $2.95 at the close. Open interest was up 872 contracts. Cash trade settled in at $234-236 live last week, with some $372 dressed. Feeder cattle futures rallied $5.95 to $6.75 far on Monday. OI was down 879 contracts. The CME Feeder Cattle Index was down another $1.30 to $357.05 on March 13. The Monday OKC Feeder cattle auction saw sales on 4,305 hea...
Live cattle futures saw Monday gains of $2.35 to $2.95 at the close. Open interest was up 872 contracts. Cash trade settled in at $234-236 live last week, with some $372 dressed. Feeder cattle futures rallied $5.95 to $6.75 far on Monday. OI was down 879 contracts. The CME Feeder Cattle Index was down another $1.30 to $357.05 on March 13. The Monday OKC Feeder cattle auction saw sales on 4,305 head sold, with sales 10-15 higher on feeders and calves up $10-20 for steers and $5-15 for heifers. The strike at the JBS plant in Greeley, CO moved forward this over the weekend, as the workers union started picketing. Don’t Miss a Day: Wholesale Boxed Beef prices were higher in the Monday afternoon report, with the Chc/Sel spread at $8.15. Choice boxes were up $4.74 to $402.66, while Select was $2.97 higher to $394.51. USDA estimated federally inspected cattle slaughter for Monday at 98,000 head. That is down 5,000 from the previous week and 16,452 head shy of the same Monday last year. Apr 26 Live Cattle closed at $233.250, up $2.350, Jun 26 Live Cattle closed at $231.875, up $2.925, Aug 26 Live Cattle closed at $229.675, up $2.850, Mar 26 Feeder Cattle closed at $355.450, up $5.975, Apr 26 Feeder Cattle closed at $349.850, up $6.750, May 26 Feeder Cattle closed at $345.550, up $6.375, 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 hogs are showing 15 cent to $2.02 losses at Tuesday’s midday. The USDA Daily Direct Hog report from the morning release showed negotiated prices down $1.68 to $83.24. The CME Lean Hog Index was $90.92 on August 9, down 98 cents from the previous day. USDA’s FOB plant pork cutout value was up $1.41 in the Tuesday morning report at $101.68 per cwt. The butt primal was the only reported lower, w...
Lean hogs are showing 15 cent to $2.02 losses at Tuesday’s midday. The USDA Daily Direct Hog report from the morning release showed negotiated prices down $1.68 to $83.24. The CME Lean Hog Index was $90.92 on August 9, down 98 cents from the previous day. USDA’s FOB plant pork cutout value was up $1.41 in the Tuesday morning report at $101.68 per cwt. The butt primal was the only reported lower, while belly was the strongest component of the day, up $3.92. USDA estimated the Monday FI hog slaughter at 483,000 head. That is up 72,000 head from last week and 17,422 head above the same week a year ago. Aug 24 Hogs are at $89.875, down $0.150, Oct 24 Hogs are at $72.300, down $2.025 Dec 24 Hogs is at $64.325, down $1.750, On the date of publication, Alan Brugler 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.
Cotton prices are up 24 to 34 points so far on Tuesday morning. Futures posted Monday gains of 206 to 234 points across the front months at the close, as traders came out of the weekend with a better feeling on the Chinese situation. Crude oil was down $4.49 to $94.22, with the US dollar index down $0.894 to $99.468. US Treasury Secretary Bessent and Chinese counterparts met this weekend in Paris ...
Cotton prices are up 24 to 34 points so far on Tuesday morning. Futures posted Monday gains of 206 to 234 points across the front months at the close, as traders came out of the weekend with a better feeling on the Chinese situation. Crude oil was down $4.49 to $94.22, with the US dollar index down $0.894 to $99.468. US Treasury Secretary Bessent and Chinese counterparts met this weekend in Paris to prep for the meeting between President Trump and President Xi later this month. Following the meeting it was noted that China was open to buying more US ag goods, specifically more non-soybean row crops, i.e. possibly cotton. Don’t Miss a Day: The Seam showed sales on 4,207 bales on Friday, averaging 59.31 cents/lb. The Cotlook A Index was up 5 points on March 13 at 75.75 cents. ICE certified cotton stocks were unchanged on 3/13, with the certified stocks level at 116,789 bales. The Adjusted World Price was back up just 6 points on Thursday to 51.50 cents/lb. May 26 Cotton closed at 68.19, up 234 points, currently up 24 points Jul 26 Cotton closed at 70.06, up 217 points, currently up 34 points Oct 26 Cotton closed at 71.67, up 206 points currently unch 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.
Wheat is showing 2 to 3 cent losses across the front months in the three exchanges on Tuesday morning. The wheat complex posted Monday losses across the three markets. Chicago SRW futures were 16 to 17 cents lower in the nearbys. Open interest was down 1,004 contracts, with 1,973 dropping in May. KC HRW futures saw Monday weakness of 13 to 14 cents. OI was up 1,419 contracts, suggesting some new s...
Wheat is showing 2 to 3 cent losses across the front months in the three exchanges on Tuesday morning. The wheat complex posted Monday losses across the three markets. Chicago SRW futures were 16 to 17 cents lower in the nearbys. Open interest was down 1,004 contracts, with 1,973 dropping in May. KC HRW futures saw Monday weakness of 13 to 14 cents. OI was up 1,419 contracts, suggesting some new selling interest. MPLS spring wheat was down 10 to 12 cents at the close. Crude oil was back down $4.49. Export Inspections data showed wheat at 343,022 MT (12.6 mbu) shipped in the week that ended on March 2. That was down 31.2% from last week, and 30.81% below the same week last year. Mexico was the top destination of 79,566 MT, with 62,647 MT to the Philippines and 56,699 MT to Bangladesh. Marketing year shipments have totaled 19.47 MMT (715.4 mbu), which is up 18.67% yr/yr. Don’t Miss a Day: The Kansas Crop Progress report showed winter wheat conditions down 4% to 52% good/excellent, with the Brugler500 index down 9 points to 339. May 26 CBOT Wheat closed at $5.97 1/4, down 16 1/2 cents, currently down 3 cents Jul 26 CBOT Wheat closed at $6.07 3/4, down 16 3/4 cents, currently down 2 1/2 cents May 26 KCBT Wheat closed at $6.16 1/2, down 13 1/2 cents, currently down 33 cents Jul 26 KCBT Wheat closed at $6.30 1/2, down 13 1/4 cents, currently down 3 cents May 26 MIAX Wheat closed at $6.34, down 11 1/2 cents, currently down 2 1/4 cents Jul 26 MIAX Wheat closed at $6.49 1/2, down 10 3/4 cents, currently down 2 1/2 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.