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Wheat Ticking Higher on Wednesday Morning

5 days 10 hours ago
Wheat is showing mostly higher trade on Wednesday morning, with spring wheat the lagger. The wheat complex fell lower across the three markets on Tuesday. Chicago SRW contracts were 1 to 7 cents in the red at the close. Open interest was up 2,876 contracts. KC HRW futures were fractionally...

Stocks Mixed as FOMC Results Are Awaited

5 days 10 hours ago
The S&P 500 Index ($SPX ) (SPY ) is up +0.11%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.19%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.29%. December E-mini S&P futures (ESZ26 ) are down -0.02%, and December E-mini Nasdaq futures (NQZ26...

Investors Eye AI Payoff in Microsoft, Alphabet Earnings

5 days 10 hours ago
Bloomberg’s Ed Ludlow breaks down expectations for Microsoft and Alphabet, which both report earnings after the bell, with Wall Street looking for proof that their massive AI investments are paying off. Plus, Bloomberg reports that Anthropic has tapped JPMorgan to lead the US retail offering for its potentially record-setting IPO. And, Apple is betting consumers will pay even more for a MacBook Pro with touch screens coming for the first time. (Source: Bloomberg)

Anthropic Weighs Offering 15%-20% of IPO to Retail Investors

5 days 10 hours ago
Anthropic is weighing a retail offering of 15% to 20% of the shares available in the IPO, according to people familiar with the matter. Those sources say the company behind Claude has tapped JPMorgan Chase to lead the US retail offering. Bloomberg’s Ryan Gould discusses the plans with Ed Ludlow on “Bloomberg Tech.” (Source: Bloomberg)