Reported 14 days ago
Gas prices have dropped to nearly $3 per gallon, marking the lowest levels since January, largely due to seasonal trends and lower oil prices. Expert Patrick De Haan from GasBuddy anticipates that these low prices will persist through the winter months, potentially staying below $3 until after the holidays, as consumer driving decreases and winter-grade gasoline is adopted. However, geopolitical factors like U.S.-Russia and U.S.-China relations could pose risks for future price increases.
Source: YAHOO
Reported 14 days ago
Source: WSJ
Reported 14 days ago
Corn futures are experiencing a rise of 4 to 5 ¼ cents on Thursday, with the national average cash corn price reaching $3.79 ½. A slight increase in ethanol production, reported at 1.074 million barrels per day, has contributed to this uptick, despite a reduction in stocks. Traders are anticipating corn bookings of 0.9 to 2 million metric tons for the week ending October 9.
Source: YAHOO
Reported 14 days ago
Saipem, in partnership with SOCAR affiliates, has been awarded three offshore contracts worth approximately $700 million for BP's Shah Deniz Compression Project in the Caspian Sea. Saipem's share is about $600 million, covering the transportation and installation of a new compression platform and the construction of subsea pipelines. This work will utilize local Azerbaijani vessels and is set to begin in late 2026, reinforcing Saipem's established presence in the region.
Source: YAHOO
Reported 14 days ago
SoFi, the financial services company, is set to release its Q3 earnings on October 28, after experiencing a significant stock rally of over 167% in the past six months. The company’s strategic pivot towards a lower-risk, fee-based business model, along with a surge in new members and product adoption, positions it for continued growth. Analysts expect SoFi to report a strong EPS of $0.08, up 60% year-over-year, driven by robust performance in its lending and tech platform segments. While there are cautious sentiments ahead of the earnings report, the favorable interest rate environment and the demand in student and home lending suggest positive momentum may continue.
Source: YAHOO
Reported 14 days ago
Walmart shares surged to record highs following the announcement of a partnership with OpenAI, allowing ChatGPT users to shop for Walmart merchandise directly through the chatbot. This collaboration not only enhances OpenAI's revenue potential but also raises questions about the sustainability of the AI sector's current hype amid concerns of a bubble. Investors are cautiously optimistic, as Walmart's move may lead to further integrations from other retailers and demonstrate tangible returns in the AI market.
Source: YAHOO
Reported 14 days ago
Source: BARRONS
Reported 14 days ago
This article explores the different categories of dividend stocks, emphasizing the unique characteristics and benefits of Dividend Aristocrats, Kings, Zombies, and Real Estate Investment Trusts (REITs). Dividend Aristocrats provide long-term consistency, while Dividend Kings offer even greater reliability. Dividend Zombies are older firms with a long history of payments, and REITs present higher yields at the cost of slower growth. Investors should consider their goals before choosing between stability and yield.
Source: YAHOO
Reported 14 days ago
Source: WSJ
Reported 14 days ago
Source: BARRONS
Reported 14 days ago
The crypto industry's push to tokenize stocks is alarming Wall Street, as major players warn of potential market fragmentation and investor risks. Platforms like Robinhood and Coinbase are rapidly introducing blockchain-based tokens linked to traditional equities, with the market value for these products soaring to $412 million. However, experts caution that these tokens often lack the rights and protections associated with standard shares, leaving investors vulnerable to misinformation and added risks. As the push faces scrutiny, regulators and financial giants call for a careful approach to ensure adequate investor protections.
Source: YAHOO
Reported 14 days ago
As spending on artificial intelligence (AI) technology accelerates among major companies, Advanced Micro Devices (AMD) emerges as a promising stock following its deal to supply OpenAI with chips. Despite its stock price having nearly doubled this year, analysts expect significant revenue growth in 2026, making AMD a potential investment before the year ends. However, other investment recommendations may provide alternative opportunities.
Source: YAHOO
Reported 14 days ago
On October 16, 2025, Commercial Metals Company (CMC) held its quarterly earnings call, reporting a net income of $151.8 million for Q4 of fiscal 2025, with plans to acquire Foley Products to enhance its precast concrete platform. CEO Peter Matt highlighted strong demand in infrastructure and construction sectors, while CFO Paul Lawrence detailed expected synergies and financial benefits from the acquisitions. CMC aims to boost growth and operational efficiency as it navigates favorable market conditions while maintaining a disciplined approach to capital allocation.
Source: YAHOO
Reported 14 days ago
Union Pacific and Norfolk Southern will conduct simultaneous virtual shareholder meetings on November 14 to seek approval for their planned $85 billion transcontinental merger. Both companies' boards have unanimously endorsed the merger, which requires the approval of shareholders from both railroads. The deal values Norfolk Southern shares at a 25% premium, and regulatory reviews are still pending.
Source: YAHOO
Reported 14 days ago
Shares of J.B. Hunt rose 18% after the trucking and logistics company reported better-than-expected third-quarter earnings, with revenue slightly down but profits increasing due to successful cost-cutting measures. J.B. Hunt's operational income improved despite challenges in the freight environment and ongoing macroeconomic headwinds, indicating a resilient performance and confidence in future strategies.
Source: YAHOO
Reported 14 days ago
Coinbase has introduced an all-in-one financial platform targeted at small to medium-sized businesses, enabling them to accept crypto payments, manage assets, and earn yields on stablecoins. Scheduled for launch later this year, Coinbase Business promises features like instant crypto settlements, multi-user access, and integration with accounting software. Businesses can earn up to 4.1% APY on USDC held in accounts while competing with fintech firms by streamlining operations from payroll to vendor payments.
Source: YAHOO
Reported 14 days ago
The rapid growth of artificial intelligence (AI) in the U.S. is leading to an energy crisis, as the infrastructure struggles to meet soaring power needs projected to reach up to 12% of the nation's total by 2028. Key players like Exxon Mobil, Brookfield Renewable Partners, and Ormat Technologies are poised to thrive by addressing this energy crunch through natural gas, hydroelectric power, and geothermal energy solutions. They represent promising investment opportunities amidst the growing demand for sustainable energy alternatives.
Source: YAHOO
Reported 14 days ago
Source: BARRONS
Reported 14 days ago
Source: YAHOO
Reported 14 days ago
Stellar Lumens (XLM) experienced notable volatility in a recent trading session, fluctuating between $0.32 and $0.33 before ultimately declining to below $0.32. Despite a brief rebound spurred by institutional buying, the late-session drop underscored market sensitivity to liquidity changes. WisdomTree's launch of a physically backed Stellar Lumens ETP in Europe highlights growing institutional interest, though competitive pressures from new players in digital payments challenge existing entrants like Stellar.
Source: YAHOO
Reported 14 days ago
Source: WSJ