Snowflake’s stock soars as the company blows away estimates with its AI-fueled forecast
Companies looking to build AI tools on top of their data are turning to Snowflake, driving robust revenue growth.
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Corn Pulls Off Highs, Still Closes Monday with Strength as Ratings Fall
Corn futures faded from the early session highs, but ended the Monday session with gains of 3 to 7 ¾ cents across most contracts. The CmdtyView national average Cash Corn price was up 7 3/4 cents at $4.63. Weekly Crop Progress data showed 86% of the US corn crop in the dough stage by August…
Tech Giants Call for Cybersecurity Consortium to Deal with AI Threats
After high-profile incidents in which artificial intelligence models have gone rogue, more than 100 organizations have signed a letter calling for stronger cyber defenses. Among these signatories are the leading AI companies, including OpenAI, Anthropic, and Google, as well as chipmakers like AMD and cybersecurity firms such as CrowdStrike and Fortinet. The open letter urged…
CFOs On the Move: Week ending Aug. 28
Listen to the article 6 min This audio is auto-generated. Please let us know if you have feedback. Claire McDonough | GE Vernova GE Vernova appointed Claire McDonough as the energy firm’s new CFO. McDonough will join the company in November before taking over as finance chief on Jan. 1, 2027. McDonough is currently chief…
Africa Shakes Up Customs, but Trade Problems Persist
A customs revamp is a welcome change, but logistics and transit bottlenecks still stifle African trade. To curb revenue and income losses and accelerate trade across 50 member states, the African Continental Free Trade Area (AfCFTA) Secretariat partnered with Nigeria’s Bergmans Security Consultants and Supplies Ltd. in a $3.1 billion deal to roll out a…
Iran may allow Europe to clear mines in the Strait of Hormuz
There is so much smoke around a deal but the key part is: What’s in the deal? The one big red flag I see so far is that Israel says it’s not withdrawing from anywhere. In any case, oil is down further and the S&P 500 is ripping higher, up 1.3% to 7701, a fresh…
Jackson Peak Capital Q1 2026 Investor Letter
primeimages/E+ via Getty Images Dear Investment Partners, The objective of Jackson Peak Capital’s concentrated, long/short equity strategy is to deliver attractive absolute returns across market environments. We are striving to achieve equity-like returns while maintaining low correlation to overall equity markets and taking less outright market risk. By design, our low correlation (0.15 daily /…
