Eleanor

Global Agricultural Commodities Market, corn

Corn and Soybean Prices Drop from $6.54/$14.20 to $4.40/$11.20

Quick Look: Corn and soybean prices surged from 2020-2023 but are now falling, with significant price drops projected by the USDA. Farmland values and cash rents are expected to plateau or decline as commodity prices decrease. High farm incomes from 2020-2023 provide a buffer, but younger farmers may face significant challenges. Policymakers’ responses, including financial …

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President Donal Trump photo

Trump to Keynote Bitcoin Conference in Nashville July 25-27

Quick Look: Trump confirms his keynote at the Bitcoin Conference despite an assassination attempt. His participation highlights the growing interaction between politics and digital currencies. Heightened security measures will be in place following the recent attack. In the face of adversity, former President Donald Trump remains undeterred. Despite the recent assassination attempt during a rally …

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Broker News

Small-Caps Surge 3% as Big Tech Stumbles on Wall Street

Quick Look: Small-Caps Surge: The Russell 2000 index rose over 3%, contrasting with declines in major tech stocks. Market Anomaly: This rare event marked only the second time since 1979 that the Russell 2000 significantly outperformed the S&P 500. Inflation and Fed Signals: Lower inflation and hints of the Federal Reserve’s rate cuts influence investment …

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Joe Biden photo, inflation

CPI Increases by 3% in June 2024, Inflation Drops by 4%

Quick Look: Inflation dropped to 3% in June 2024, down from 3.3% in May, providing consumer relief. The pandemic, supply chain issues, and global events like the Ukraine war significantly fueled inflation. The stimulus packages from the Trump and Biden administrations significantly increased consumer spending, contributing to the inflationary trend. The Fed’s delayed interest rate …

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Coffee

Coffee Prices Surge 70%, UK Futures Hit $4,844/Tonne

Quick Look: Coffee prices hit record highs due to climate change, shipping disruptions, and new EU regulations. Lavazza warns of potential further increases of 10% on top of an existing 15% rise in UK supermarket coffee prices. Poor harvests in Vietnam and Indonesia lead to reduced robusta bean supplies, increasing prices by 70% annually. Market …

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The stocks in wall street thrive despite inflation

Stock Market Highlights: Tesla, TSMC, 3M, Carvana, Walmart

Quick Look: Tesla (TSLA) stock rose nearly 1% after Goldman Sachs raised the target to $248 due to strong Q2 deliveries. Taiwan Semiconductor Manufacturing (TSMC) increased by 2% after reporting higher-than-expected Q2 revenue of T$673.51 billion. 3M Company (MMM) fell 1.2% after CFO Monish Patolawala announced his departure effective July 31. Carvana (CVNA) surged 4.5% following …

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Microsoft lost 12% of its profit, windows

Zero-Day Exploit in Windows Targets Users for Over a Year

Quick Look: Attackers exploited a zero-day flaw in Windows 10 and 11 via Internet Explorer. The malware targeted users for over a year before Microsoft addressed it. Techniques used included “mhtml” and an IE trick to deceive users. Users should install updates promptly and be cautious of suspicious files. Threat actors exploited a zero-day vulnerability …

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Oil Prices Fall, What Is OPEC+'S Next Move?

Hedge Funds’ July Surge in Commodity Stock Buying

Quick Look: Hedge funds ramped up purchases of commodity-sensitive stocks, signalling renewed confidence in the energy and materials sectors. Tropical Storm Beryl caused a decline in energy stocks, highlighting the sector’s vulnerability to natural events. While energy and materials stocks saw increased interest, sectors like paper and chemicals faced net selling. Hedge funds invested diversified, …

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