Soybeans gain 4-5 cents, cash price hits $9.87. Spec traders slash net long by 44k contracts. Brazil rain boosts coffee, weak demand hits cocoa.
Wheat futures rally! Managed money trims shorts as exports hit 15% above last year. South Korea buys US wheat.
Live cattle futures dip $3.90-$4.50, feeder cattle down $6.50-$8.10. Specs trim net long in feeders.
Cotton futures dip slightly; managed money adds to net shorts. Export sales lag, but AWP ticks up.
Corn futures rebound 4-5 cents, but March contract still down 4.71% weekly. Managed money adds to net short.
NOW surges 20% on strong subscriptions & AI, analysts see 72% upside. ANET up 10% with AI network demand, 29% upside seen.
SMCI stock plunges 51% on revenue miss, but Q2 guidance hints at reversal. Attractive P/E & PEG suggest a short squeeze candidate.
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