Alphabet Inc.’s shares fell more than 13%, erasing more than $500 billion in its biggest-ever market plunge, after the company reported disappointing search and advertising sales that reinforced investor concerns about AI’s threat to its core business. Bloomberg's Mandeep Singh joins to discuss this as well as the possible Marvell and Lumentum Holdings deal as well as DoorDash buying Instacart. (Source: Bloomberg)
The S&P 500 Index ($SPX ) (SPY ) is down -0.27%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.26%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.20%. December E-mini S&P futures (ESZ26 ) are down -0.34%, and December E-mini Nasdaq futures (NQZ26...
The S&P 500 Index ($SPX ) (SPY ) is down -0.27%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.26%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.20%. December E-mini S&P futures (ESZ26 ) are down -0.34%, and December E-mini Nasdaq futures (NQZ26...
December WTI crude oil (CLZ26 ) is down -2.51 (-2.44%), and December RBOB gasoline (RBZ26 ) is down -0.0794 (-2.55%). Dec WTI crude oil prices are trading lower today as the market assesses mediation efforts to avert a possible US military attack on Iran after Tuesday’s US mid-term elections. The...
December arabica coffee (KCZ26 ) is down -0.65 (-0.23%), and January ICE robusta coffee (RMF27 ) is up +4 (+0.13). NY arabica coffee today fell to a new 1-month low, extending this week’s sharp sell-off. Coffee prices have fallen this week on fears that Brazilian exporters will increase sales after...
Cotton prices are up 8 to 18 points on Thursday. Futures closed the Wednesday session with contracts 8 to 25 points in the green, with outside factors supportive. Crude oil is up $2.04 per barrel on the session, with the US dollar index $0.167 lower. The Seam reported just 906...
Corn prices are fractionally lower to start Thursday. Futures saw steady to 3 cent higher trade across most contracts on Wednesday, as futures got a midweek bounce. Open interest was up 29,205 contracts on Wednesday, suggesting modest new open interest. The CmdtyView national average Cash Corn price was up 2...
Wheat is showing fractional to 2 cent losses at midday. The wheat complex extended the weakness to the Wednesday session. Chicago SRW contracts were a penny to 11 1/4 cents in the red at the close. Open interest was up 4,933 contracts on Wednesday. KC HRW futures posted losses of...
Ontario continues to delay balancing its books as its economic outlook deteriorates, and now projects it won’t reach a surplus until the 2030 fiscal year.
Ontario continues to delay balancing its books as its economic outlook deteriorates, and now projects it won’t reach a surplus until the 2030 fiscal year.
Caterpillar Inc. shares tumbled after the company posted earnings and sales that only modestly beat expectations, adding to investor jitters about mounting challenges to the artificial intelligence infrastructure boom. Bloomberg's Chris Ciolino joins to discuss. (Source: Bloomberg)
The billionaire investor disclosed an investment in Trade[XYZ] as the platform teams up with the NYSE's parent company. His family office previously reported owning shares in a HYPE-focused treasury company.
Sen. Ted Cruz suggested that if Democratic U.S. Senate candidate Abdul El-Sayed becomes a senator, he could tip off terrorists using U.S. intelligence.
Sen. Ted Cruz suggested that if Democratic U.S. Senate candidate Abdul El-Sayed becomes a senator, he could tip off terrorists using U.S. intelligence.