Nanya Tech jumps 10% on $2.5B private placement backed by Sandisk & Cisco. Investors eye growth.
Oil surges past $100, sparking inflation fears & consumer spending worries. S&P 500 adds AI plays, dropping underperformers.
Wheat futures rise on dry Plains outlook. Cocoa & coffee prices climb amid supply woes. Export sales data due.
Soybeans rally 16 cents on export hopes; cash prices hit $10.98. Oil up, meal down.
Merck buys Terns for $6.7B, boosting its cancer pipeline with a leukemia drug that could challenge rivals.
COSCO has resumed Gulf container bookings, signalling tentative Hormuz reopening. Shipping remains uneven, with reports of selective access and fees, suggesting a fragmented trade environment rather than a full return to normal.
Deccan AI raises $25M for AI training, offering $10-$700/hr gigs. High quality focus, 10x growth.
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