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Why Baidu Stock Tanked by 6% on Thursday

3 years ago
Baidu (NASDAQ: BIDU) stock was battered on Thursday, due in no small part to a pair of price-target cuts from analysts. That left the Chinese tech giant's shares nearly 6% weaker on the day, a far worse performance than the S&P 500 index's 0.9% decline.

Bean Oil Falls on Thursday

3 years ago
Soybean Oil prices finished the day with triple digit losses of as much as 3.1% as the meal and beans closed in the black. The Canadian Canola Prices also fell sharply, by 2.7%, on Thursday. Soymeal futures closed the day with gains of as much as 2.2%, with Dec at...

Mixed Thursday for Hog Futures

3 years ago
The hog market finished the session mostly higher but within 20c of UNCH for Thursday. Dec futures ended the day 68 cents of the low but $1.45 under the daily high. The National Average Base Hog price from the PM update was 59 cents lower to $73.16. The CME Lean...

Dec Cotton Rallies Off Lows, Closes in Black

3 years ago
The December cotton contract printed a nearly 2 cent range on the day, most of which was spent in the red. The contract finished the day 12 points under the session high for a net 3 point gain. The other nearbys stayed in the red for the close, but were...

Wheats Rally into Close on Thursday

3 years ago
Wheat futures finished the Thursday session near the highs on an afternoon rally. Chicago led the way finishing up by 1.1% to 2.3%. The SRW/HRW spread has faded 83c (or by half) since Sep 1, to the lowest mark since October 2022. Thursday’s KC market finished the day 4 to...

$5 Dec Corn after Afternoon Rally

3 years ago
Dec corn futures turned higher in the afternoon and finished the session at the high, back above the $5 mark for the first time since 8/21 (first close +$5 since 8/02). The board settled 6 ¾ to 13 cents in the black across the front month contracts. The weekly USDA...
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