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US crude exports hit four-year low in July on low domestic supplies
Exports ease to 3.1 mln bpd, lowest since Oct 2021 - KplerExports to Asia fall to lowest since January 2019 - KplerLow oil stocks keep barrels within the United StatesWTI arbitrage to Asia seen open in the fourth quarterRising OPEC+ supply could weigh on U.S. crude demand By Arathy Somasekhar HOU...Reuters
Thu, Aug 7
Stocks
Nuvista Energy Ltd reports results for the quarter ended June 30 - Earnings Summary
Nuvista Energy Ltd NVA.TO reported quarterly adjusted earnings of 40 cents per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 53 cents. The lone analyst forecast for the quarter was for earnings of 28 cents per share. Revenue fell 17.3...Reuters
Thu, Aug 7
Commodities
CBOT soybeans end higher on technical bounce
CHICAGO, Aug 7 (Reuters) - Chicago Board of Trade soybean futures edged up from a four-month trough on Thursday as low prices stirred demand for the oilseed. U.S. soybeans are now some of the cheapest in the world, sparking an uptick in global demand. The U.S. Department of Agriculture reported tota...Reuters
Thu, Aug 7
Other
White House prepares for Stephen Miran to be nominated to Fed board, Bloomberg reports
WASHINGTON, Aug 7 (Reuters) - The White House is preparing for U.S. President Donald Trump to nominate Council of Economic Advisers Chairman Stephen Miran to serve as a Federal Reserve governor, Bloomberg reported on Thursday, citing a person familiar.Reuters
Thu, Aug 7
Commodities
GRAINS-Wheat, soy and corn bounce off lows as demand stirs
Strong export sales data boosts wheat, corn and soy futuresRecovery also fuelled by short covering and technical tradingBy Heather Schlitz CHICAGO, Aug 7 (Reuters) - Chicago Board of Trade wheat futures rebounded on Thursday after hitting a five-year low the previous day, and corn recovered from ...Reuters
Thu, Aug 7
Commodities
ICE canola futures bounce back despite rainfall
WINNIPEG, Manitoba, Aug 7 (Reuters) - ICE canola futures rebounded on Thursday, rising more than 1% despite rain in parts of Western Canada. • November canola RSX5 settled up $7.60 at $677.30 per metric ton. January RSF6 rose $7.40 to $689.10.• Thursday's gains follow five straight losses and le...Reuters
Thu, Aug 7
Commodities
CBOT corn recovers from lows on technical trading, demand uptick
CHICAGO, Aug 7 (Reuters) - Chicago Board of Trade corn futures recovered from previous contract lows on Thursday as chart support and signs of new export demand countered the pressure of ample supplies, traders saidAmple global supply of corn had pushed corn futures to contract lows on Wednesday. Ch...Reuters
Thu, Aug 7
Stocks
Why Dutch Bros Stock Skyrocketed on Thursday
Key PointsDutch Bros delivered a classic beat-and-raise quarter.The company is faring far better than its largest competition.The stock is expensive, but worthy of a premium.10 stocks we like better than Dutch Bros › Shares of Dutch Bros (NYSE: BROS) roared out of the gate on Thursday, spiking as mu...The Motley Fool
Thu, Aug 7
Forex
ANALYSIS-Investors game out market reaction to Fed chair replacement favorites
Trump has narrowed the possible replacements for Powell to a short list of four or fewerOnline betting markets show Waller, Hassett and Warsh in the lead to replace PowellMarket's reaction could heavily depend on whether the nominee is seen as a Trump loyalistBy Saqib Iqbal Ahmed NEW YORK, Au...Reuters
Thu, Aug 7
Stocks
Iteos Therapeutics Inc reports results for the quarter ended June 30 - Earnings Summary
Iteos Therapeutics Inc ITOS.OQ reported a quarterly adjusted loss of $1.43 per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of -18 cents. The mean expectation of five analysts for the quarter was for a loss of $1.01 per share. Wall Stre...Reuters
Thu, Aug 7
Stocks
PREVIEW: Block climbs ahead of report
** Block Inc XYZ.N shares gaining 0.7% on Thurs ahead of qtrly results after the bell, as investors watch for signs of health in consumer spending following last qtr's profit drop and guidance cut ** Analysts expect the online payments firm to report qtrly rev up 3% to $6.31 bln; adj EPS seen a...Reuters
Thu, Aug 7
Other
US federal courts say their systems were targeted by recent cyberattacks
WASHINGTON, Aug 7 (Reuters) - The federal judiciary's information technology systems have been targeted by "recent escalated cyberattacks of a sophisticated and persistent nature," the Administrative Office of the U.S. Courts said in a statement on Thursday.The statement follows a Politi...Reuters
Thu, Aug 7
Commodities
US natural gas futures steady as small storage build offset near-record output
Extreme heat last week boosted gas demand for air conditioningUS gas output at near-record levels so far in AugustNear-record gas flows to LNG export plants support pricesBy Scott DiSavino Aug 7 (Reuters) - U.S. natural gas futures held steady on Thursday as a smaller-than-expected storage build ...Reuters
Thu, Aug 7
Other
Amazon Web Services to provide US government agencies with up to $1 billion in savings
AWS agreement to accelerate IT transformation and AI innovationFederal agencies to access AWS training and resourcesPentagon awarded $9 billion in cloud contracts to major tech firms in 2022AWS supports over 11,000 government agencies globallyBy David ShepardsonAug 7 (Reuters) - Amazon Web Services ...Reuters
Thu, Aug 7
Other
Judge orders temporary halt to construction at 'Alligator Alcatraz' detention center, AP reports
Aug 7 (Reuters) - A federal judge on Thursday ordered a temporary halt to construction at an immigration detention center in the Florida Everglades dubbed "Alligator Alcatraz," the Associated Press reported.Reuters
Thu, Aug 7
Stocks
Why Joby Aviation Stock Plunged Today
Key PointsJoby Aviation has been flying high in recent months as excitement about the company's prospects builds. Its quarterly revenue declined, and several Wall Street analysts downgraded the stock due to its pricey valuation.Investors would do well to remember that Joby is a high-risk, high-rewar...The Motley Fool
Thu, Aug 7
