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Apple's Upbeat Outlook Overshadowed by Margin Squeeze

6 days 17 hours ago
Apple predicted revenue growth of 7% to 10% during the holiday season, but a warning that gross margins would be smaller due to higher memory costs and expenses related to the new Siri AI digital assistant, weighed on the stock. Bloomberg's Mark Gurman discusses how demand for the company's new iPhone Duo and sales of other phones could impact Apple. He speaks with Ed Ludlow on "Bloomberg Tech." (Source: Bloomberg)

Wheat Posting Tuesday Losses

6 days 18 hours ago
The wheat complex is falling back on the Tuesday session. Chicago SRW contracts are posting midday weakness of 3 to 5 cents on Tuesday. KC HRW futures are down 6 to 7 ½ cents on the session. MPLS spring wheat is trading with 4 to 5 cent losses at midday....

Stocks Supported by Strength in Chipmakers

6 days 18 hours ago
The S&P 500 Index ($SPX ) (SPY ) is up +0.53% today, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.19%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.95%. December E-mini S&P futures (ESZ26 ) are up +0.52%, and December E-mini Nasdaq futures...

Stocks Supported by Strength in Chipmakers

6 days 18 hours ago
The S&P 500 Index ($SPX ) (SPY ) is up +0.53% today, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.19%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.95%. December E-mini S&P futures (ESZ26 ) are up +0.52%, and December E-mini Nasdaq futures...

Cocoa Prices Fall on Signs of Abundant Supplies

6 days 18 hours ago
December ICE NY cocoa (CCZ26 ) is down -33 (-0.61%) today, and ICE London cocoa #7 (CAZ26 ) is down -30 (-0.72%). Cocoa prices extended their 2-week slide today and fell to 5-week lows as rising ICE cocoa inventories weigh on prices. ICE cocoa inventories have steadily increased since the...

Cotton Slipping Lower on Tuesday

6 days 18 hours ago
Cotton futures are facing losses of 50 to 55 points at midday on Tuesday. Crude oil is down 41 cents per barrel on the session, with the US dollar index $0.066 lower. USDA’s weekly Crop Progress report showed 92% of the US cotton crop with bolls open, behind the 95%...