Judge blocks Pentagon blacklist of Anthropic as supply chain risk
A San Francisco federal judge on Thursday ruled that the Pentagon's blacklisting of artificial intelligence giant Anthropic earlier this year was illegal.
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Iran links Hormuz reopening to ending regional wars as Trump reportedly rejects return to June deal
Iran has set out its conditions to reopen the Strait of Hormuz, saying that ending the wars in the Middle East was among them.
Advent, Stripe consortium is said to drop pursuit of PayPal, Bloomberg News reports
A consortium of buyout firm Advent and payment processor Stripe has decided to abandon its pursuit of fintech pioneer PayPal, Bloomberg News reported on Thursday, citing people…
Trump ratchets up rhetoric against Beijing as U.S.-China officials meet for Xi's Washington visit
BEIJING — As the U.S. ramped up pressure this week on China with secondary Iran sanctions, the world's two largest economies have still managed to stay focused on ways to cooperate…
Wheat Extends to 3-year Highs on Thursday
The wheat complex pushed the recent strength to 3-year highs in the winter wheat exchanges on Thursday. Chicago SRW contracts ended the session with contracts 8 to 12 ½ cents highe…
WTI remains above $82.50 amid rising UK-Russia tensions
West Texas Intermediate (WTI) oil price declines after two days of gains, trading around $82.70 per barrel during the Asian hours on Friday. Crude oil prices may regain their footi…
Cotton Rallies on Thursday Despite Weaker Export Sales
Cotton futures rallied into the Thursday close, as December rallied above 90 cents. Contracts closed with gains of 304 to 329 points across the front months. Crude oil was up $1.31…
Corn Bulls Take a Breather on Thursday’s Pullback
Corn futures faded back on Thursday, after rallying in the first half of the week with contracts slipping 3 to 4 ¼ cents in the front months. Deferreds were down as much at 8 ¼ cen…
Japanese Yen strengthens as Tokyo core CPI inflatin bolsters BoJ rate hike chance
The USD/JPY pair declines to around 159.30 during the early Asian session on Friday. The Japanese Yen (JPY) strengthens against the US Dollar (USD) as Japan’s Tokyo Consumer Price …
Hogs Close Thursday with Strength
Lean hog futures posted modest gains of 10 to 52 cents on Thursday, as October was the lone holdout, down 27 cents. USDA’s national base hog price was down 99 cents in the Thursday…
Stock Indices Settle Higher as Nvidia Earnings Spur a Tech Stock Rally
The S&P 500 Index ($SPX) (SPY) closed up by +0.72% on Thursday, the Dow Jones Industrial Average ($DOWI) (DIA) closed up by +0.20%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up…
Marvell boosts its forecasts, but the stock slides as Wall Street wonders if there’s more to the story
Analysts are crunching the numbers on Marvell’s recently announced Google deal and how much fresh upside it really offers.
Soybeans Hold onto Thursday Gains
Soybeans closed Thursday with contracts up 1 to 2 ¼ cents on the day. The cmdtyView national average Cash Bean price is up 2 3/4 cents at $12.32 1/2. Soymeal futures were steady to…
China’s super-rich fled Singapore. Now they want to come back
Family-office advisers and wealth managers say they are seeing renewed interest in Singapore from affluent Chinese clients who had shifted their lives to other financial centers, a…
Tokyo CPI steady in August, core inflation remains close to BOJ target
The stronger than expected reading reinforces the case for a BOJ rate hike as soon as its September 17-18 meeting, with the core-core gauge the central bank watches most closely no…
Iran says preparing list of conditions to open Strait of Hormuz
Iran’s Security Chief Mohsen Rezaei said on Friday that Tehran is preparing a list of its conditions to open the Strait of Hormuz in response to a request by mediators, adding that…
1.9%: Japan’s Tokyo CPI inflation rises in August
The headline Tokyo Consumer Price Index (CPI) for August rose 1.9% YoY as compared to 1.8% in the previous month, the Statistics Bureau of Japan showed on Friday.