Seagate’s earnings are welcome news for the battered AI trade
The storage maker’s June-quarter results come in ahead of Wall Street’s expectations, and the stock rallies after hours
The storage maker’s June-quarter results come in ahead of Wall Street’s expectations, and the stock rallies after hours
Crude oil prices eased off session highs Tuesday, after President Donald Trump abandoned his demand for ships to pay a 20% protection fee to transit the Strait of Hormuz. U.S. West Texas Intermediate futures rose 1.82% to $79.56 per barrel. Brent futures, the international benchmark, were up 1.98% to $84.95. “Based on highly productive conversations…
Foreign exchange trading volumes rose across the largest institutional venues in June, with average daily activity up between roughly 6% and 9% from May at Cboe FX, FXSpotStream, 360T and Euronext FX. The gains came alongside an extra trading session, but per-day figures also improved, pointing to a real pickup rather than a calendar quirk….
Mitrade renewed its sponsorship of the Argentine Football Association into 2027, the CFD trading platform said today (Tuesday). The announcement came nine days after Argentina lost the World Cup final 1-0 to Spain at MetLife Stadium in East Rutherford, New Jersey. Mitrade’s release describes AFA as home to the three-time world champions, a count this…
US investors may finally have a reason to trade single-stock futures. CME will list futures contracts on 55 of the largest US companies on July 27. The instruments are already popular in Europe, with over 750,000 contracts traded daily at Eurex. While two previous efforts to bring them to the US fell flat, this time…
Gold — the commodity most investors associate with the category — doesn’t currently appear at all in one broad commodities fund’s portfolio. Refined fuel contracts top the lineup instead. Key Takeaways: Commodities rallied 24.4% in Q1 2026, and advisors are using them to diversify beyond stocks and bonds. Four broad commodities ETFs pick holdings differently, from…
OpenAI is going down, and taking investors and an entire industry with it, argues artificial-intelligence critic Ed Zitron.