Gold Steady, Underpinned by U.S. Fiscal-Deficit Concerns
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
5 minutes ago
- Yahoo
Jim Cramer on Thermo Fisher: 'It Does Seem Like it's Bottoming'
Thermo Fisher Scientific Inc. (NYSE:TMO) is one of the 21 stocks on Jim Cramer's radar. Expressing that they believe that the stock has significant potential for growth, a caller inquired about TMO. In response, Cramer said: 'This stock is unbelievable. It was a, it's a great company. Marc Casper does a terrific job, but we own Danaher for the Charitable Trust, and it's as bad as Thermo Fisher. I am urging you to not buy it till we see a pickup in Chinese orders. I know that seems strange, but this stock has crushed a lot of people. It does seem like it's bottoming, but I am not going to push it because it's related to China, and anything related to China is bearish.' An engineer at a workbench surrounded by automotive parts, tools, and microchips. Thermo Fisher (NYSE:TMO) provides a vast portfolio of products and services for scientific research, diagnostics, and biopharma, including instruments, reagents, laboratory supplies, and clinical research support. Parnassus Investments stated the following regarding Thermo Fisher Scientific Inc. (NYSE:TMO) in its Q4 2024 investor letter: 'Thermo Fisher Scientific Inc. (NYSE:TMO), a manufacturer of lab equipment and analytical tools, reported in-line quarterly numbers. However, expectations for a demand recovery in 2025 continue to moderate, particularly given uncertainty regarding the new administration.' While we acknowledge the potential of TMO as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
5 minutes ago
- Yahoo
Soybeans Strength Continuing on Thursday AM
Soybeans are pushing the gains further into the Thursday morning session, with contracts up 7 to 11 cents. Futures were in rally mode on Wednesday, with contracts up 20 to 26 cents on the day. Preliminary open interest was up 1,808 contracts on Tuesday. There were no deliveries issued overnight. The cmdtyView national average Cash Bean price was up 23 3/4 cents at $10.12 1/2. Soymeal futures were $2.90 to $4.10 higher on the day, as Soy Oil was up 110 to 140 points. Another 512 contracts were issued for delivery overnight for July bean meal, with 18 for July bean oil. Today will be the last trade day of the week due to Independence Day on Friday. The government will also be closed. Arabica Coffee Prices Are Falling. How Much Lower Will They Go? Brazil Coffee Harvest Pressures Weigh on Prices Coffee Prices Fall as Pace of Brazil's Coffee Harvest Accelerates Our exclusive Barchart Brief newsletter is your FREE midday guide to what's moving stocks, sectors, and investor sentiment - delivered right when you need the info most. Subscribe today! Ahead of Thursday morning's Export Sales report, analysts surveyed by Reuters are looking for between 300,000 and 700,000 MT of old crop beans booked in the week of June 26. New crop sales are expected to total between 0 and 300,000 MT. Soybean meal sales are expected to total 100,000 to 650,000 MT, with bean oil bookings in a range of net reductions of 10,000 MT to sales of 26,000 MT. On Wednesday, President Trump announced a trade deal with Vietnam, stating the country is charging no tariffs on US goods. Nearly 5.7% of all US soybean meal export commitments for 2024/25 have been for Vietnam, with 2% of all bean commitments to the country. The 7-day QPF from NOAA shows rains up to 1.5 inches in parts of NE, IA, MN, WI, and the Dakotas. The ECB is showing expectations for lighter totals. Jul 25 Soybeans closed at $10.50 1/2, up 25 3/4 cents, currently up 11 cents Nearby Cash was $10.12 1/2, up 23 3/4 cents, Aug 25 Soybeans closed at $10.53 1/2, up 23 3/4 cents, currently up 8 1/4 cents Nov 25 Soybeans closed at $10.48, up 20 3/4 cents, currently up 7 3/4 cents New Crop Cash was $10.00, up 21 cents, On the date of publication, Austin Schroeder did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Sign in to access your portfolio
Black America Web
7 minutes ago
- Black America Web
Donald Trump Floats Possibly Deporting Elon Musk Following His Ongoing Criticism of The 'Big, Beautiful Bill'
Source: The Washington Post / Getty / Donald Trump / Elon Musk If you need any more proof that the MAGA bromance between Donald Trump and Elon Musk is truly over, the traitor-in-chief's latest comments are a great indication of just that. When Elon Musk got onboard the MAGA train and fueled it with his unlimited amount of cash, we are sure he didn't think his name would come up in discussions of possibly being deported. Well, that's what happened on Tuesday when Agent Orange floated the idea of deporting the South African-born billionaire, following Musk's ongoing criticism of his disastrous tax spending bill, also known as the 'big, beautiful bill.' Even after walking back claims he made on X, formerly Twitter, that Trump was on Epstein's list, and that he should be impeached, Musk continued to rail on the bill as Republicans continue to push it along, even threatening to put his money behind candidates to unseat the Republicans who voted for the bill. Reporters asked Trump if he would consider deporting Musk, and he said, 'I don't know. We'll have to take a look.' Trump went as far as to suggest even using DOGE, the made-up government agency once led by Musk, to look into eliminating the government subsidies that Phony Stark's companies benefit from. 'We might have to put DOGE on Elon,' Trump said. 'You know what DOGE is? DOGE is the monster that might have to go back and eat Elon. Wouldn't that be terrible? He gets a lot of subsidies.' Of course, Musk didn't sit on his X fingers writing, 'So tempting to escalate this. So, so tempting. But I will refrain for now.' The two weren't done taking shots at each other on social media, with Trump taking things further on his lame platform, Truth Social. 'Elon may get more subsidy than any human being in history, by far, and without subsidies, Elon would probably have to close up shop and head back home to South Africa,' Trump said. 'No more Rocket launches, Satellites, or Electric Car Production, and our Country would save a FORTUNE. Perhaps we should have DOGE take a good, hard, look at this? BIG MONEY TO BE SAVED!!!' Meanwhile, Musk continues to threaten to start a third political party. You can see what folks are saying about this latest development in the Trump/Musk saga in the gallery below. Donald Trump Floats Possibly Deporting Elon Musk Following His Ongoing Criticism of The 'Big, Beautiful Bill' was originally published on
