Corn Closing in on 3-year Highs
Corn futures rose sharply early Wednesday, trading near 3-year highs amid wheat spillover strength and U.S. crop supply concerns, with September contracts closing above $5 per bushel.
Soybeans Posting Early Wednesday Strength
Soybean futures posted broad gains on Wednesday, with prices up 4 to 6 cents as multiple contract months closed higher. Cash bean prices rose 13 1/4 cents to $12.01.
Berkshire shares trade lower even after Abel scores good marks at meeting, earnings jump
Berkshire Hathaway Class B shares closed nearly 1% lower Monday despite CEO Greg Abel’s strong first annual meeting performance and first-quarter operating earnings jumping 18%.
Cerebras stock plunges 14% after second earnings report following IPO
Cerebras Systems raised full-year revenue guidance but saw its stock decline 14% following its second earnings report after going public in May.
Cisco’s stock drops despite earnings, revenue beat
Cisco shares declined in extended trading despite beating earnings and revenue estimates, as the networking company demonstrated growing involvement in the artificial intelligence sector.
United’s next decision: What to do with all those Boeing 737 Max 10 seats it ordered years ago
United Airlines faces a decision regarding hundreds of lie-flat premium seats purchased for Boeing 737 Max 10 aircraft, which remain in storage as the plane’s certification has been significantly delayed.