Dry Brazil Weather Forecasts Weigh on Coffee Prices
Coffee prices are under pressure today amid forecasts for dry weather this week in Brazil’s coffee-growing regions, which should allow the pace of the country’s coffee harvest to accelerate.
Markets
Stocks Retreat on Chipmaker Weakness and US-Iran Standoff
The S&P 500 Index ($SPX) (SPY) today is down -0.33%, the Dow Jones Industrial Average ($DOWI) (DIA) is down -0.16%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -1.12%. September E-mini S&P futures (ESU26) are down -0…
Comfort Systems (FIX) Declines More Than Market: Some Information for Investors
Comfort Systems (FIX) closed the most recent trading day at $1,053.10, moving -1.87% from the previous trading session. The stock trailed the S&P 500, which registered a daily loss of 0.53%. Meanwhile, the Dow lost 0.09…
Modine (MOD) Registers a Bigger Fall Than the Market: Important Facts to Note
The most recent trading session ended with Modine (MOD) standing at $130.87, reflecting a -0.74% shift from the previouse trading day's closing. This change lagged the S&P 500's daily loss of 0.17%. Meanwhile, the Dow e…
MasterCard (MA) Increases Despite Market Slip: Here's What You Need to Know
In the latest close session, MasterCard (MA) was up +2.08% at $537.70. The stock exceeded the S&P 500, which registered a loss of 0.79% for the day. At the same time, the Dow lost 0.26%, and the tech-heavy Nasdaq lost 1…
The U.S. is maxing out its strategic oil reserves as Trump vows to control the Strait of Hormuz
The war with Iran entered its 13th day Thursday, as Iran issued what it said was the first message from its new supreme leader, while attacks on commercial ships spread to Iraq's waters and oil prices climbed back above…
Sandisk’s stock is plunging, but some analysts are getting even more bullish
The memory semiconductor stocks that set global markets ablaze in the first half of the year have recently plunged, stoking investor anxiety. Yet brokerages in South Korea and abroad are increasingly arguing that now is…
Sugar Prices Slide as Monsoon Rains Improve in India
October NY world sugar #11 (SBV26) on Monday closed down -0.13 (-0.87%), and Aug London ICE white sugar #5 (SWQ26) closed down -4.00 (-0.86%).
Cocoa Prices Slump on Abundant Ivory Coast Supplies
September ICE NY cocoa (CCU26) on Monday closed down -223 (-3.68%), and September ICE London cocoa #7 (CAU26) closed down -149 (-3.31%).
Coffee Prices Fall on Brazil Harvest Pressures
September arabica coffee (KCU26) on Monday closed down -4.25 (-1.27%), and September ICE robusta coffee (RMU26) closed down -18 (-0.47%).
Crude Oil Prices Sharply Higher on Escalation of US-Iran Hostilities
August WTI crude oil (CLQ26) on Monday closed up +6.73 (+9.42%), and August RBOB gasoline (RBQ26) closed up +0.1817 (+6.09%).
Nat-Gas Prices Settle Lower on Higher US Output and Smaller Exports
Nat-gas prices tumbled to a 2-month low on Monday and settled sharply lower. Signs of stronger US nat-gas output and smaller exports are weighing on prices. Nat-gas production in the Permian Basin rose to more than 23 b…
Dry Brazil Weather Forecasts Weigh on Coffee Prices
Coffee prices are under pressure today amid forecasts for dry weather this week in Brazil’s coffee-growing regions, which should allow the pace of the country’s coffee harvest to accelerate.
Form 4 Nextdecade Corp For: 13 July
NextDecade Corporation (NEXT) has quietly recovered toward $8 while the market fixates on the Strait of Hormuz. The reason is a building gas supply shock, and this overlooked LNG stock sits directly in its path.
Trump to claim declassified intel reveals 2020 election interference: MS NOW
President Donald Trump plans to claim in a Thursday night speech that newly declassified intelligence reports reveal a foreign nation's plans to interfere in the 2020 presidential election, two White House officials tol…
Republic Services Now #246 Largest Company, Surpassing Yum! Brands
Market capitalization is an important data point for investors to keep an eye on, for various reasons. The most basic reason is that it gives a true comparison of the value attributed by the stock market to a given comp…
CRY Getting Very Oversold
In the case of CRY, the RSI reading has hit 26.6 — by comparison, the RSI reading for the S&P 500 is currently 52.3. A bullish investor could look at CRY's 26.6 reading as a sign that the recent heavy selling is in the …
Target's problems aren't what you think they are
When Target CEO Michael Fiddelke took over the struggling company in February, he faced a daunting task. Not only did he have to reverse a sales slide, but the new boss also had to change how consumers saw the brand.
Chipotle is opening its first restaurant in Mexico
Fast casual chain Chipotle is set to open its first restaurant in Mexico this week, the company announced on Monday.
Judge says Trump sued IRS for 'improper purpose'; refers his lawyer to bar
A Florida federal judge in a scathing order Monday said President Donald Trump filed a $10 billion lawsuit against the Internal Revenue Service "for an improper purpose" — to gain the appearance of "judicial legitimacy"…
Meta and Amazon are leading a trillion-dollar Big Tech spending spree
The late 1990s buildout of fiber-optic networks, in which companies spent billions to pull dark fiber across continents and under oceans, saw borrowers like WorldCom, Global Crossing, and others go under. The shale revo…
UN maritime agency opposes Hormuz transit fees after Trump demands protection money
The International Maritime Organization, a United Nations agency, said Monday that it opposes transit fees in the Strait of Hormuz after President Donald Trump demanded that ships pay protection money.
Stocks Fall on Weakness in Chipmakers and Renewed US-Iran Hostilities
The S&P 500 Index ($SPX) (SPY) today is down -0.31%, the Dow Jones Industrial Average ($DOWI) (DIA) is up +0.16%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -1.51%. September E-mini S&P futures (ESU26) are down -0.2…
EdgeMode enters non-binding offer for 300 MW data center sale
EdgeMode has signed a memorandum of understanding (MoU) with the City Council of Mora to develop a large-scale data center campus in the Spanish city of Mora, located in the Toledo province of Castile-La Mancha. The fac…