Reported 10 days ago
Soybean prices rallied on Friday, with contracts increasing by 7 to 9 cents and November futures rising by 12.75 cents, closing at $10.19. The national average Cash Bean price also saw an uptick to $9.45½. Factors supporting this rise included gains in Soymeal and Soy Oil futures. President Trump expressed optimism about U.S.-China relations ahead of a forthcoming leaders meeting, suggesting that current tariffs are unsustainable.
Source: YAHOO
Reported 10 days ago
The corn market experienced gains on Friday, with December futures up 9.5 cents for the week, closing at $4.22. Despite performing lower than February prices, the average closing price for October stands at $4.18, above last year's harvest price. With harvest continuing in the Western Corn Belt, the Buenos Aires Grain Exchange reports that Argentina's corn crop is 29.9% planted, surpassing last year's pace.
Source: YAHOO
Reported 10 days ago
Luminar Technologies, Inc. (LAZR) demonstrated a 2.65% increase in stock value, closing at $1.94 while the broader S&P 500 gained only 0.53%. Despite a monthly decline of 18.18%, positive analyst revisions suggest a potential earnings growth of 55% year-over-year, with upcoming revenue expectations showing a 13.56% rise. Currently rated #3 (Hold) by Zacks Rank, Luminar is closely watched by investors ahead of its forthcoming earnings report, indicating its evolving position within the Auto-Tires-Trucks sector.
Source: YAHOO
Reported 10 days ago
Agnico Eagle Mines (AEM) stock fell by 5.95% to close at $174.49, diverging from gains in the S&P 500 and Dow, which rose by 0.53% and 0.52%, respectively. Despite this dip, AEM has seen a significant 20.17% increase over the past month, outpacing the Basic Materials sector. Investors are eagerly awaiting the company's earnings report scheduled for October 29, 2025, which is expected to show a year-over-year earnings growth of 47.37%. Analysts anticipate a positive outlook for the company, reflected in the Zacks Rank of #2 (Buy).
Source: YAHOO
Reported 10 days ago
In the latest trading session, Broadcom Inc. (AVGO) saw a decline of 1.36% to $349.33, underperforming against the S&P 500's increase of 0.53%. Despite a monthly gain of 2.55%, the company is set to release its financial results soon, with projected earnings per share at $1.87, indicating significant year-over-year growth. Analysts expect revenue to reach $17.5 billion, reflecting a 24.49% increase compared to last year. The stock holds a Zacks Rank of #3 (Hold), and investors should monitor any changes in analyst estimates and valuation metrics to inform their trading decisions.
Source: YAHOO
Reported 10 days ago
U.S. stocks, including the Dow Jones, S&P 500, and Nasdaq, saw weekly gains on Friday, buoyed by President Trump's optimistic comments regarding ongoing trade talks with China and easing fears surrounding regional banks. The Dow and S&P 500 both rose by approximately 0.5%, while Nasdaq also enjoyed a similar increase. Regional banks began to recover after better-than-expected earnings reports, alleviating some investor concerns amidst ongoing trade tensions and a potential U.S. federal government shutdown.
Source: YAHOO
Reported 10 days ago
Marc Benioff, CEO of Salesforce, has apologized for his recent pro-Trump comments advocating for the deployment of the National Guard in San Francisco, which drew significant criticism from local officials and allies. After addressing safety concerns surrounding the Dreamforce conference, he clarified that he no longer believes the National Guard is necessary and expressed regret for any concern his comments may have caused. His remarks had already resulted in the resignation of a longtime friend from Salesforce's philanthropic board.
Source: YAHOO
Reported 10 days ago
The Federal Aviation Administration (FAA) has authorized Boeing to raise its 737 MAX production from 38 to 42 planes per month, following a thorough review of safety protocols. This decision marks a key recovery point for Boeing after a mid-air emergency in 2024. The company plans to implement the increased production rate swiftly while maintaining a focus on safety and quality.
Source: YAHOO
Reported 10 days ago
A recent ICSC survey predicts retail sales will reach $1.7 trillion during the 2025 holiday season, with a growth rate between 3.5% to 4%. Key consumer categories anticipated to thrive include discount department stores and experiences emphasizing family traditions. The survey highlights a shift toward experiences over products as consumers become more price-sensitive, driven by concerns about tariffs and inflation.
Source: YAHOO
Reported 10 days ago
Source: WSJ
Reported 10 days ago
The Federal Aviation Administration (FAA) has allowed Boeing to increase its 737 MAX production to 42 aircraft per month, lifting a previous cap of 38 planes that was in place since January 2024 due to safety concerns following a mid-air emergency. This decision comes after extensive reviews of Boeing's production lines, and the company is set to ramp up production while prioritizing safety and quality.
Source: YAHOO
Reported 10 days ago
Oklo's stock has skyrocketed by over 650% in 2025 as nuclear energy gains significant attention. The company recently announced a $2 billion partnership with newcleo to develop advanced nuclear fuel manufacturing in the U.S., which aligns with government energy security goals. Despite the rapid rise in valuation, analysts suggest caution for investors, noting that it may not be the best time to buy due to potential volatility.
Source: YAHOO
Reported 10 days ago
Long-term investors in Starbucks have urged the company to renew discussions with its workers' union regarding staffing, wages, and other critical issues, highlighting concerns over deteriorating labor relations as evidenced by numerous unfair labor practice complaints and ongoing protests. The request, outlined in a letter to Starbucks' board, emphasizes the need for a contract agreement, especially after months of stalled negotiations and recent strikes, marking over three years since the first successful union election.
Source: YAHOO
Reported 10 days ago
Source: WSJ
Reported 10 days ago
Gold futures experienced their largest weekly gain since 2020, rising about 7% as market conditions became volatile due to trade tensions between the US and China, expectations of a Federal Reserve rate cut, and fears surrounding regional bank stability. Although prices dipped near $4,260 after a peak above $4,380, analysts forecast gold could continue to rise, with predictions suggesting a peak of $6,000 per ounce by mid-2026.
Source: YAHOO
Reported 10 days ago
Source: WSJ
Reported 10 days ago
RIAs are increasingly recognizing the importance of tax planning and preparation as part of their services, aiming to attract more clients and expand their offerings. A recent study shows that only about one in six firms provide tax preparation services, highlighting a significant disparity between larger RIAs and smaller firms. As demand for holistic financial services rises, larger firms are better equipped to meet complex client needs, while many smaller RIAs may struggle to keep up with the investment required. Despite the trend towards one-stop shopping, a considerable portion of clients still prefer working with a combination of different professionals for their financial needs.
Source: YAHOO
Reported 10 days ago
On October 17, 2025, the ETF market saw significant movements with $1.6 billion flowing into the SPDR Gold Shares (GLD), making it one of the top performers for the day. Overall, the US Equity segment attracted over $10 billion, while multiple funds, including TLT and XLF, faced notable redemptions. The daily net flows amounted to approximately $16.5 billion across various asset classes.
Source: YAHOO
Reported 10 days ago
Recent data shows that several billionaires are selling their Palantir shares while significantly increasing their investments in Nvidia, which has seen a stock increase of 1,530% over three years. Notable investors like Citadel and Coatue Management are reallocating funds to Nvidia, driven by valuation trends suggesting further growth potential. Comparisons between the two companies indicate that Nvidia's current valuation could offer better future returns, prompting a recommended shift away from Palantir.
Source: YAHOO
Reported 10 days ago
American Express achieved record revenues in Q3 2025, driven by the spending of affluent millennial and Gen Z Platinum members. The company reported a net income of $2.9 billion, a 16% increase from last year, with total revenue reaching an all-time high of $18.43 billion. CEO Steve Squeri highlighted the strong engagement and customer demand for their refreshed premium products, underscoring the importance of younger consumers to the company's growth strategy as they adapt to new lifestyle and digital needs.
Source: YAHOO
Reported 10 days ago
Bank stocks showed signs of stabilization after regional banks reported earnings that eased credit fears, following a significant decline the previous day. The KBW Nasdaq Regional Banking Index rose 1.7% on Friday, recovering from a sharp 6% drop. CEOs from various banks, including Truist Financial and Fifth Third Bancorp, indicated that overall credit quality remains strong, despite fears triggered by previous loan disclosures linked to fraud allegations. Analysts generally expressed optimism about the health of the banking sector, although concerns about isolated bankruptcies linger.
Source: YAHOO