Explore every episode of the podcast Markets & Money Today | 2 Min News | The Daily News Now!

Wells Fargos Chief Equity Strategist, Ohsung Kwon, predicts a broad market rally by the end of next year, with the S&P 500 index reaching 7,100. This optimistic outlook is driven by positive seasonal trends, potential Supreme Court rulings, larger tax refunds, and strong corporate earnings. The anticipated end to the government shutdown also contributes to this positive forecast.

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Oil markets have been volatile, with prices dropping despite global events. Energy sector revenue growth is low, contrasting with the overall market. However, big oil companies like ExxonMobil and Chevron are reporting robust profits, offsetting lower oil prices with increased output and cost savings. ExxonMobils earnings dropped but theyve achieved significant cost savings, lowering their breakeven point. Chevron posted record global production and is focusing on returning cash to shareholders.

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U.S. stock futures rise as investors anticipate the end of the government shutdown, with Dow Jones Industrial Average, S&P 500, and Nasdaq futures showing modest gains. The shutdowns impact on financial markets is significant, with potential GDP loss of $11 billion by 2026. Key data releases delayed due to the shutdown, including the Consumer Price Index and October jobs report, may be permanently impaired. Major market indicators showed mixed performance, with the Dow reaching a new high, while the S&P 500 and Nasdaq Composite saw slight declines.

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Oil prices plummet due to global supply surplus concerns, despite U.S. shutdown end; OPEC forecasts oversupply for 2026.

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Wheat Market Sees Uptick; USDA Report Amidst Shutdown; Global Stocks Projected Higher

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November 13th marked a significant downturn in the lean hog futures market, with prices plummeting by up to $1.80. This decline mirrors a broader market weakness, as the USDA reported a $3.34 drop in the national base hog price to $78.78. The CME Lean Hog Index also continued its downward trend, falling another $0.34 on November 10th. The USDAs pork carcass cutout value also decreased by $1.24, reaching $96.14 per hundredweight. Despite this, ham was the only primal cut to see an increase in value. Hog slaughter for Wednesday reached 494,000 head, totaling 1.448 million for the week, a slight decrease from last week but a significant increase from the same week last year.

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Soybean prices experienced a surprising turnaround on November thirteenth, with front month futures contracts rising by six to seven and one-quarter cents, indicating a positive shift in market sentiment. The total deliveries for November futures reached one thousand seven hundred thirty-six, and the national average cash bean price increased by six and three-quarters cents to ten dollars and sixty cents. Soymeal futures climbed, while soy oil futures dipped slightly. Looking ahead, important crop production data is expected to be released this Friday, with anticipated slight drop in soybean yield and ending stocks projected to reach three hundred four million bushels. The market is also closely watching export demand, especially with the absence of recent export sales reports and Chinas yet-to-be-confirmed commitment of twelve million metric tons announced in late October.

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Stocks edge up as government shutdown nears end, but long-term effects loom large

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Live cattle futures experienced a downturn on November 13th, closing lower across the board. Despite some light cash trade and online auctions, the market remained cautious. Feeder cattle futures showed more strength, while USDA Wholesale Boxed Beef prices were weaker. Federally inspected cattle slaughter increased slightly but remained below last years levels.

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Corn futures see slight gains, with most contracts closing up between one and three and a quarter cents. The national average cash corn price also increases by four cents, reaching three dollars and ninety-six and three-quarter cents. Markets anticipate key reports later in the week, including the USDAs Crop Production report, expected to show a drop in corn yield and production estimate. December twenty-five corn closes at four dollars and thirty-five and a quarter cents, up three and a quarter cents.

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On November thirteenth, we delve into the critical financial reporting season, where major companies like Meta, Tesla, Apple, and Amazon share their performance. These reports reveal trends and impacts on the stock market and economy. We also track Uber, DoorDash, and Palantir for insights into the gig economy and specialized tech industries. Stay tuned for our analysis of how these corporate performances influence the markets.

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Cotton futures plummet, crude oil drops, US dollar index rises; global cotton prices show resilience amidst market downturn; certified cotton stocks surge; specific contracts see significant declines.

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DBS Group and Ant International unveil a major partnership, aiming to revolutionize cross-border payments and financial technology services. Users of DBSs PayLah! app will soon enjoy QR code payments at over 150 million merchant locations across 100+ markets, thanks to Ants Alipay+ network. The companies also plan to offer near-instant money transfers between DBS customers and Alipay+s 1.8 billion accounts. Beyond payments, the partnership will focus on digital tools for small businesses and blockchain for tokenized deposits, fostering inclusive growth and innovation in the region.

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End of Government Shutdown: A Long Road to Recovery AheadAfter the longest government shutdown in U.S. history, federal agencies face a lengthy process to resume normal operations. Payroll systems need updating, backlogs of grant disbursements and loan applications must be addressed, and delayed environmental permits and workplace inspections require attention. While some restrictions, like flight curbs, will be lifted within a week, federal employees may not receive their back pay until November 19th. The Supplemental Nutrition Assistance Program will also take up to a week to return to normal payment cycles. The road to recovery varies by agency, with most contingency plans not designed for such a prolonged shutdown.

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UBS forecasts robust returns for emerging markets and Asian equities by 2026, with AI-related stocks driving growth. They prefer Chinese AI companies over Korean and Taiwanese ones. UBS maintains a positive view on China, neutral on Taiwan and Korea, and less favorable on India. Mexico is upgraded to neutral, while Thailand and the Philippines are downgraded. A typical economic environment is expected in 2026, with stable interest rates and a slight global growth rebound.

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Sealed Air Corporations shares surged in after-hours trading following reports of a potential take-private deal, sending excitement through investors. The company, known for inventing Bubble Wrap, saw its stock price jump by 21.7% to $44.25. Sealed Air, with a history dating back to 1960 and a diverse portfolio in the packaging industry, reported total revenues of $5.4 billion in the current fiscal year. The potential transition from public to private ownership could reshape the companys future operations.

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Exodus Movement, a NYSE-listed firm, reported a robust third-quarter performance, with revenue surging by 51% to $30.3 million, driven by increased swap activity and higher exchange provider volumes. Net income skyrocketed to $17 million, a stark contrast to the $800,000 reported last year. The company ended the quarter with a substantial digital asset portfolio, including over 2,100 Bitcoin and 2,700 Ethereum, along with $50.8 million in cash and other liquid assets, totaling $314.7 million. Exodus CFO, James Gernetzke, revealed that around 60-65% of their monthly revenue comes from Bitcoin payments by third-party providers. Recently, Exodus acquired Grateful, a Latin American stablecoin payments platform, to expand payment options and penetrate new markets.

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Discover the peak earning years in America: between forty-five and fifty-four, where median income reaches ninety-one thousand, eight hundred eighty dollars. Education and homeownership significantly boost earnings, while net worth, not just income, determines long-term financial health. Smart spending and saving habits are key to financial security.

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UBS economists reveal that current tariff policies are acting as a significant tax increase on American consumers, slowing economic growth and fueling persistent inflation. The weighted-average tariff rate has surged to 13.6%, translating to a tax on imports equivalent to 1.2% of the nations total economic output. This increase could add 0.8 percentage points to core inflation in 2026, keeping inflation stubbornly high at around 3.5%. Looking further ahead, tariffs could have a cumulative impact of nearly 1.9 percentage points on core inflation through 2028, potentially accounting for almost two-thirds of the remaining gap between current inflation rates and the Federal Reserves target of 2%. This situation is particularly challenging for most households, who are less equipped to handle rising costs now than they were a couple of years ago.

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Electricity Crunch Threatens AIs Rapid Growth: Data Centers Face Power ShortageBig tech companies are building more data centers to power AI, but theres a growing concern about electricity supply. The cost and availability of electricity are major challenges, with at least two data center projects on hold due to power shortage. AI could account for up to 9% of US energy demand, exacerbating the power supply problem. The availability and price of electricity will determine AIs full potential.

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Leading economist Mark Zandi from Moodys Analytics discusses the future of the American economy, highlighting the potential impact of AI and deglobalization. He suggests that while AI has boosted growth, deglobalization could offset its benefits, leading to a potential drag on economic expansion. Zandi also warns that the full AI benefits may not be felt soon and could exacerbate wealth inequality. He emphasizes the need to consider various factors, including potential disruptions, when assessing the nations financial health.

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BofA Securities forecasts a bullish outlook for Japanese stocks in 2026, driven by robust corporate earnings, supportive government policies, and potential wage growth. Despite near-term risks, they expect upward revisions to earnings forecasts and increased share buybacks. The governments focus on strategic areas and potential policy solidification further bolster their optimism. However, they advise caution due to potential U.S. economic data impacts and suggest maintaining core holdings in AI stocks while exploring undervalued sectors with improving earnings visibility.

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Australias job market surges in October, unemployment drops to 4.3%: A positive turnaround for the economy

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Leap Therapeutics rebrands to Cypherpunk Technologies, focusing on digital assets; purchases $50M Zcash, emphasizing privacy and long-term investment strategy.

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Coinbase, a major cryptocurrency exchange, leaves Delaware for Texas, citing unpredictable legal outcomes and seeking more stable ground. This move follows a trend of companies relocating from Delaware, attracted by Texass business-friendly environment and modernized business code.

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On November 13th, Wall Street witnessed a shift in investor focus, with tech stocks declining and other sectors gaining traction. The S&P 500 and Nasdaq 100 futures both dropped, indicating a continued move away from tech. This trend is largely due to growing skepticism about the long-term valuations of AI companies. Investors are questioning the sustainability of AI stocks rapid growth, leading many to pull back from these high-flying assets. However, the Dow Jones Industrial Average reached a record high, driven by money flowing into traditional, cyclical industries like banking and manufacturing. Cisco Systems, a tech standout, saw a significant increase after reporting strong earnings, boosted by increased demand from the AI industry for its network infrastructure. Adding to the markets dynamics, Congress is working to end a government shutdown, bringing some optimism to investors. The overall sentiment suggests a cautious approach to tech, particularly AI, as investors seek stability in other sectors and monitor political developments in Washington.

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Pakistan is pivoting away from LNG imports due to high global prices and currency struggles, instead focusing on coal, hydropower, and nuclear energy. The state-owned Pakistan LNG Limited has rescheduled deliveries and deferred cargoes, citing unsustainable subsidies and a weaker currency. The countrys petroleum minister has also criticized the heavy reliance on LNG imports for hindering domestic gas exploration. Meanwhile, the nuclear sectors share in Pakistans power mix has tripled, with China playing a significant role in the countrys energy future.

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NXT Energy Solutions reports a significant loss in Q3, with a net loss of $1.3 million and revenue of just $67,000. This reflects reduced demand for their services and a quiet quarter for new projects. Well keep an eye on their progress moving forward.

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November 13th report reveals emerging markets resilience amidst global trade shifts and political changes. Manufacturing hubs, including Mexico and Vietnam, show strength despite U.S. trade dependencies. Countries like Brazil and South Africa diversify trade relationships. China maintains manufacturing dominance, expanding renminbis use in trade for economic resilience.

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Brazils Central Bank Proposes Stricter Regulations for Stablecoins: A Move to Curb Illegal Activities and Potential Tax EvasionBrazil is taking significant steps to regulate cryptocurrency, particularly stablecoins, to prevent their use in illegal activities and potential tax evasion. The countrys central bank has proposed a new rule that would treat stablecoin transactions as foreign exchange operations, subjecting them to stricter financial oversight. This move follows a bill sent to congress by President Luiz Inácio Lula da Silva, which would allow authorities to seize virtual assets during investigations and convert them into the national currency. Brazil, Latin Americas largest economy and a major hub for digital assets, is exploring the potential benefits of cryptocurrencies while addressing global concerns over their misuse.

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Swedish electric and self-driving vehicle pioneer, Einride, is set to go public via a merger with Legato Merger Corporation Three, valuing the company at $1.8 billion. This deal is expected to bring in $219 million before expenses. Einride, founded in 2016, has been a leader in freight technology, securing permits for autonomous vehicles in Europe and the US, with zero traffic incidents. They serve over 25 enterprise customers and manage a fleet of 200 electric vehicles, with advanced autonomous deployments with clients like GE Appliances. The transaction is set to close in H1 2026, with existing shareholders owning 83% post-closing. Einride plans to expand its US operations, creating new jobs.

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Bioceres Crop Solutions reports significant loss in Q1, with net loss of $7.4 million and loss per share of $0.12. Despite this, the company generated $77.3 million in revenue. Shares dropped to $1.87, down from $6.66 a year ago, reflecting the companys financial performance in the current economic climate.

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On November 13th, Disneys fiscal fourth-quarter earnings report is set to reveal growth prospects, particularly from streaming services, theme parks, and sports division. Analysts at Citi have raised their price target for Disney stock, anticipating positive updates on streaming outlook and potential resolution of YouTube TV disagreement. Disney is projected to report earnings per share of $1.04 and revenue of $22.75 billion, with direct-to-consumer services, experiences, and sports as key growth drivers. Analysts are optimistic about the stocks future, with an average target suggesting a 25% upside from recent closing prices.

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GrainCorps shares plummeted after reporting lower-than-expected earnings, blaming a global oversupply of goods and weak demand. The Australian commodities exporter announced a net income of nearly forty million AUD, a 35% drop from the previous year. Shares fell by 11%, marking their steepest decline since February, as investors express concern over the companys performance in the current economic climate.

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Investors eye Tencent Holdings as a safer bet amid tech market concerns, expecting positive profit growth in upcoming earnings. Tencents online games business could further boost its impressive rally, with shares surging 58% this year, yet still trading at a discount to global tech giants. Tencents AI model, Hunyuan, and generative technology in game creation are driving its success.

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Cisco Systems shares surge as they raise their financial outlook for 2026, driven by progress in AI technology. The company is enhancing its chips and networking equipment to meet AIs complex demands, partnering with Nvidia for a competitive edge. Ciscos focus on secure networking and AI potential is reflected in their higher earnings and revenue projections, setting them up for future growth.

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On November twelfth, we explore the world of travel rewards, focusing on how to maximize your spending for incredible travel experiences. The key lies in strategically earning and redeeming points effectively. Start by hitting sign-up bonuses, but avoid overspending. Use the right card for each purchase, and aim for maximum value when redeeming points for flights and hotels. Dont forget about cardholder perks, and keep track of your rewards to avoid expiration.

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Thousands of contract workers for Mercor, a company training AI models for Meta, were abruptly informed of their Musen projects cancellation, leading to a significant pay cut in the new Nova project. This incident highlights the volatile nature of contract work in the AI industry and raises questions about fair compensation for human effort in technological advancement.

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Goldman Sachs predicts US stock market to lag global returns over next decade, citing high valuations and lackluster earnings growth. Strategists advise investors to diversify, considering emerging markets for potentially better returns.

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Federal Reserve officials grapple with interest rate decision, balancing job support and inflation fight. Raphael Bostic advocates for higher rates to combat inflation, while Stephen Miran suggests cutting rates due to falling housing costs. The Fed faces a challenging economic landscape, with both unemployment and inflation concerns. New data awaited to inform decision before December meeting.

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Afya Limited, a Brazilian medical education company, reported a net income of $28.5 million for Q3, translating to a profit of $0.31 per share. After adjustments, earnings per share stood at $0.38. The company expects full-year revenue between $673.7 million and $692 million. Despite these positive figures, Afyas stock has decreased by 9% year-to-date, closing at $14.45 on Wednesday, an 18% drop over the past year.

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On November twelfth, the Nikkei two hundred twenty-five futures saw a quiet trading day with low volume and small price increases, indicating a potential market pause. The December contract closed up by one hundred thirty-five points, reaching fifty-one thousand two hundred fifty-five yen. The open interest decreased by nearly fifty-nine thousand contracts, suggesting fewer new positions and closed out existing ones.

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Market shifts: Dow hits new highs, tech stocks lag as investors favor value sectors; government shutdown hopes boost sentiment.

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Tetra Tech Incorporated, a consulting and engineering services company, reported a net income of $127.7 million for the fiscal fourth quarter, translating to $0.48 per share. The companys annual profit reached $247.7 million, or $0.93 per share, with revenue of $4.62 billion. Looking ahead, Tetra Tech anticipates revenue between $950 million and $1 billion for the current quarter and earnings per share between $1.40 and $1.55 for the upcoming year, with projected revenue between $4.05 billion and $4.25 billion.

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Stock markets react to government shutdown end, with Dow Jones reaching new milestone; however, concerns over delayed government data and potential economic impact persist.

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Bot Auto, an autonomous trucking company, secures comprehensive insurance for its entire fleet, marking a significant step forward for driverless vehicles. This specialized plan, developed with insurance broker Marsh, covers auto liability, cargo protection, and cyber risks. The insurance is unique due to the vast data collected by autonomous trucks, which provides transparency and clarity in incident outcomes. Bot Auto is now running commercial loads between Houston and San Antonio, with plans to expand.

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TherapeuticsMD, a womens healthcare company, reported a profit of $152,000 in Q3, translating to a penny per share. After adjusting for discontinued operations, earnings were less than a penny per share. Revenue stood at $784,000. These figures, sourced from Zacks Investment Research, provide insights into the companys financial health and growth trajectory in the competitive healthcare market.

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WaterBridge Infrastructures Q3 financial results disappoint, with a loss of $0.02 per share and $123.3M revenue, falling short of analysts expectations of $0.08 earnings and $199.8M revenue. This underperformance may attract investor scrutiny, and the company must address these discrepancies in future reports.

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On November twelfth, the U.S. House of Representatives moved towards ending the longest government shutdown in history by voting on a short-term funding bill. The bill, which would reopen the government until at least January, was expected to pass if it cleared both chambers. However, Democratic senators initially refused to support the bill due to its lack of enhanced health insurance subsidies for millions of Americans. A compromise was reached, allowing Democrats a separate vote in December to extend these subsidies, ultimately leading to the bills passage and the end of the shutdown.

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Bank Failures in the U.S.: Understanding the Risks and ProtectionsThis episode delves into the rare yet impactful world of bank failures in the U.S. When a bank fails, the FDIC steps in to protect depositors, insuring funds up to $250,000 per account holder, per institution, for each ownership category. The FDICs role is crucial as uninsured banks can leave customers with unsecured debts. While bank failures are less frequent now, recent events like the collapse of First Republic Bank and Silicon Valley Bank serve as reminders of their potential impact.

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