Welcome to Markets Desk, here's what's moving your money right now.
Soybeans are under pressure this session, with front-month contracts off six to nearly ten cents, and the national cash price sliding nine cents to ten dollars and seventy cents a bushel. Soymeal and soy oil are both retreating in sympathy, suggesting broader weakness in the crush complex despite fresh export business providing some underlying support.
Shifting to equities, S&P Global has caught the attention of value-oriented investors after shares have fallen roughly twenty-five percent from recent highs. The selloff stems from market anxiety around generative artificial intelligence disrupting traditional data providers, but the company's long-standing Dividend King status and durable pricing power make the pullback look more like an opportunity than a structural break for patient investors.
And in the infrastructure layer powering the AI trade, Coherent is emerging as a name worth watching. Optical networking remains what many analysts are calling the most overlooked bottleneck in AI buildout, and Coherent, backed by Nvidia, is positioned squarely at that chokepoint. As data centers push bandwidth demands higher, optical interconnects become non-negotiable, and Coherent's upgrade cycle is only beginning.
That's the tape. Markets Desk, signing off the floor.
