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US dollar heads for fresh weekly profit
US dollar heads for fresh weekly profit
Oct 26, 2024
The US dollar rose in European trade on Friday against a basket of major rivals, resuming gains after a short hiatus, and approaching three-month highs once more. The gains come amid a surge in US 10-year treasury yields after bullish remarks from some Fed officials, and strong US data, which hurt the odds of an aggressive pace for US interest...
Euro rebounds ahead of major eurozone data
Euro rebounds ahead of major eurozone data
Oct 27, 2024
The euro rose in European trade on Thursday against a basket of major rivals after a wave of losses across three sessions, with the euro eventually settling above 3-⅕ month lows against the US dollar. It comes ahead of major data on the eurozone sectors later today, which would shed important light on the health of the European economy in...
Yen skids to three-month low as the gap in treasury yields widens
Yen skids to three-month low as the gap in treasury yields widens
Oct 26, 2024
The yen fell in European trade on Wednesday against a basket of major rivals, sharpening the losses for the third straight session against the US dollar and hitting three-month lows amid concerns about a wider US-Japan gap in government treasury yields. Recent bearish remarks from Japanese officials hurt the odds of a third BOJ interest rate hike this year, while...
Yen skids to three-month trough as Japanese governing coalition loses majority
Yen skids to three-month trough as Japanese governing coalition loses majority
Oct 28, 2024
The Japanese yen skidded in Asian trade on Monday to three-month lows against the US dollar, after the election loss by the current Japanese parliamentary governing coalition, which could impede future interest rate hikes by the Bank of Japan. The yen is also pressured by a surge in US 10-year treasury yields, amid speculation about a cautious stance by the...
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Sector Update: Energy Stocks Edge Higher Premarket Friday
Sector Update: Energy Stocks Edge Higher Premarket Friday
Oct 25, 2024
09:20 AM EDT, 10/25/2024 (MT Newswires) -- Energy stocks were edging higher premarket Friday with the Energy Select Sector SPDR Fund ( XLE ) recently up 0.3%. The United States Oil Fund ( USO ) was up 0.8% and the United States Natural Gas Fund ( UNG ) was 0.9% lower. Front-month US West Texas Intermediate crude oil was 1.3%...
Sector Update: Tech Stocks Mixed Thursday Afternoon
Sector Update: Tech Stocks Mixed Thursday Afternoon
Oct 25, 2024
01:47 PM EDT, 10/24/2024 (MT Newswires) -- Tech stocks were mixed Thursday afternoon, with the Technology Select Sector SPDR Fund (XLK) up 0.3% and the SPDR S&P Semiconductor ETF (XSD) off 0.1%. The Philadelphia Semiconductor index rose 0.3%. In corporate news, IBM ( IBM ) shares tumbled past 6%. The company's Q3 earnings late Wednesday came in ahead of Wall...
Traders Eye Next Week's Tech Earnings Slate, Driving Narrow Premarket Gains for US Equity Futures
Traders Eye Next Week's Tech Earnings Slate, Driving Narrow Premarket Gains for US Equity Futures
Oct 25, 2024
08:26 AM EDT, 10/25/2024 (MT Newswires) -- US equity futures were marginally higher pre-bell Friday as traders brace for key technology earnings scheduled for release next week. The Dow Jones Industrial Average futures gained 0.2%, S&P 500 futures increased 0.3%, and Nasdaq futures were up 0.3%. Alphabet (GOOG, GOOGL), Microsoft ( MSFT ) , Meta Platforms ( META ) ,...
US STOCKS-Tesla surge drives S&P 500, Nasdaq higher; IBM weighs on Dow
US STOCKS-Tesla surge drives S&P 500, Nasdaq higher; IBM weighs on Dow
Oct 24, 2024
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Tesla jumps after strong sales forecast * UPS advances following quarterly profit beat * Boeing ( BA ) down after workers reject latest contract * Weekly jobless claims lower than forecasts * Indexes: Dow down 0.37%, S&P 500 up...
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Boston's Fintech Scene: Emerging Companies To Watch In 2024
Boston's Fintech Scene: Emerging Companies To Watch In 2024
Aug 5, 2024
As Boston continues establishing itself as a fintech hub, several companies are leading the charge with innovative solutions and impressive growth. In the lead-up to the Benzinga Fintech Deal Day & Awards 2024, let’s take a closer look at some of the rising fintech stars in Boston. Flywire Flywire, established in 2011, is a global payments enablement and software company...
What's Going On With Chinese EV Stocks Nio, XPeng And Li Auto On Monday?
What's Going On With Chinese EV Stocks Nio, XPeng And Li Auto On Monday?
Aug 5, 2024
Chinese EV stocks Nio Inc ( NIO ) , XPeng ( XPEV ) Inc , and Li Auto Inc ( LI )  are trading lower Monday after reports indicated the U.S. Commerce Department’s plans to ban Chinese software in autonomous and connected vehicles. Tesla Inc ( TSLA ) is also trading lower by over 8% Monday. The U.S. government is weighing a prohibition...
Critical Insights From Clearfield Analyst Ratings: What You Need To Know
Critical Insights From Clearfield Analyst Ratings: What You Need To Know
Aug 5, 2024
Across the recent three months, 4 analysts have shared their insights on Clearfield , expressing a variety of opinions spanning from bullish to bearish. In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total...
NVIDIA And 2 Other Stocks Insiders Are Selling
NVIDIA And 2 Other Stocks Insiders Are Selling
Aug 5, 2024
The Nasdaq Composite closed sharply lower during Friday’s session. Investors, meanwhile, focused on some notable insider trades. When insiders sell shares, it could be a preplanned sale, or could indicate their concern in the company's prospects or that they view the stock as being overpriced. Insider sales should not be taken as the only indicator for making an investment or...
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SciSparc Shares Are Soaring Monday: What's Going On?
SciSparc Shares Are Soaring Monday: What's Going On?
Mar 10, 2025
SciSparc Ltd ( SPRC ) shares are ripping higher Monday after the company announced that its collaboration with Clearmind Medicine Inc ( CMND ) led to a patent application for psychedelic therapy targeting cocaine addiction. What Happened: A patent application was published by the South Korean Intellectual Property Office for a combination treatment using Clearmind’s 5-methoxy-2-aminoindane and SciSparc’s Palmitoylethanolamide for...
ArcelorMittal Plans Large-Scale Maintenance Work at 2 Facilities in France
ArcelorMittal Plans Large-Scale Maintenance Work at 2 Facilities in France
Mar 10, 2025
11:54 AM EDT, 03/10/2025 (MT Newswires) -- ArcelorMittal ( MT ) will temporarily shut down one of the blast furnaces at its steel mill in Dunkirk, France, as part of a broader maintenance program costing over 270 million euros ($292.2 million) that also includes repairs at the company's plant in Fos-sur-Mer, the steelmaker told MT Newswires on Monday. The 254...
SenesTech's Financing Move: $1.1 Million From Warrant Exercise, New Deals Loom
SenesTech's Financing Move: $1.1 Million From Warrant Exercise, New Deals Loom
Mar 10, 2025
SenesTech, Inc. ( SNES ) shares are trading lower on Monday. The company inked deals to immediately exercise outstanding warrants for a total of 374,718 shares of common stock, originally issued on August 23, 2024, with a reduced exercise price of $2.90 per share, down from $4.35. Additionally, the company will issue new short-term warrants. The exercise of existing warrants...
CERAWEEK-Chevron CEO urges durable, not extreme US energy policy swings
CERAWEEK-Chevron CEO urges durable, not extreme US energy policy swings
Mar 10, 2025
HOUSTON, March 10 (Reuters) - Chevron ( CVX ) would like to see durability in U.S. energy policy rather than swings from one extreme to another, CEO Mike Wirth said on Monday. U.S. President Donald Trump's first weeks in office during his second term have been marked by a rapid overhaul of government and the reversal of many of the...
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Ripple (XRP) Achieves a Major Adoption Milestone: Details
Ripple (XRP) Achieves a Major Adoption Milestone: Details
Jan 21, 2025
TL;DR Ripple (XRP) has surged 500% in less than three months, with the number of wallets surpassing 6 million and ecosystem activity increasing. Analysts foresee the asset reaching new highs, with targets between $4.40 and $6, despite recent dips linked to broader market corrections after Trumps inauguration. XRPs Progress Despite its plunge on a daily scale, Ripples XRP has been...
Extreme Meme Coin Volatility, Bitcoin’s (BTC) New ATH, and More: Bits Recap Jan 21
Extreme Meme Coin Volatility, Bitcoin’s (BTC) New ATH, and More: Bits Recap Jan 21
Jan 21, 2025
TL;DR Trump-related tokens soared before plunging by double digits, reflecting the meme coin markets volatility. Bitcoin (BTC) hit an all-time high of almost $110K but dropped to $102K after Trumps inauguration, which lacked crypto mentions. Ripple (XRP) peaked at $3.30 before dipping to $3.08, though analysts remain optimistic about a potential rally. Trump-Themed Memes Went Crazy The past several days...
Trump’s DeFi Platform Loads up on Crypto Assets – But It’s No ‘Strategic Reserve’
Trump’s DeFi Platform Loads up on Crypto Assets – But It’s No ‘Strategic Reserve’
Jan 20, 2025
On Jan. 21, Donald Trump Junior announced the purchases to “commemorate the inauguration of Donald J. Trump as the 47th President of the United States.” The family’s World Liberty Finance DeFi platform has made several “strategic purchases,” including $47 million worth of wrapped Bitcoin (wBTC) and $47 million worth of Ethereum. There were also $4.7 million batches of Aave (AAVE),...
‘Where Are My Coins?’ – Coinbase Users Fume Over Solana Withdrawal Issues
‘Where Are My Coins?’ – Coinbase Users Fume Over Solana Withdrawal Issues
Jan 20, 2025
Crypto social media has been flooded by enraged Coinbase users who cannot withdraw their Solana (SOL) tokens, sparking rumors of insolvency. “Whats the drama with Coinbase and Solana?” crypto YouTuber ‘Wendy O’ asked her 412,000 followers on X on Jan. 21. Meanwhile, crypto investor ‘Curb’ asked Coinbase CEO Brian Armstrong, “After dealing with insolvency last cycle (FTX), we demand answers...
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