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Sector Update: Financial Stocks Edge Higher Premarket Wednesday
Sector Update: Financial Stocks Edge Higher Premarket Wednesday
Sep 23, 2024
09:16 AM EDT, 09/18/2024 (MT Newswires) -- Financial stocks were edging higher premarket Wednesday with the Financial Select Sector SPDR Fund ( XLF ) recently advancing by 0.1%. The Direxion Daily Financial Bull 3X Shares ( FAS ) was up 0.4% and its bearish counterpart Direxion Daily Financial Bear 3X Shares ( FAZ ) was 0.3% lower. BlackRock ( BLK...
Sector Update: Energy Stocks Rise in Wednesday Afternoon Trading
Sector Update: Energy Stocks Rise in Wednesday Afternoon Trading
Sep 23, 2024
01:42 PM EDT, 09/18/2024 (MT Newswires) -- Energy stocks were higher Wednesday afternoon, with the NYSE Energy Sector Index up 0.2% and the Energy Select Sector SPDR Fund (XLE) rising 0.6%. The Philadelphia Oil Service Sector index was posting a 0.4% decline, and the Dow Jones US Utilities index was shedding 0.4%. US crude oil stocks, including those in the...
Sector Update: Health Care
Sector Update: Health Care
Sep 23, 2024
01:32 PM EDT, 09/18/2024 (MT Newswires) -- Health care stocks were edging higher Wednesday afternoon, with the NYSE Health Care Index and the Health Care Select Sector SPDR Fund (XLV) each rising 0.2%. The iShares Biotechnology ETF (IBB) shed 0.2%. In corporate news, Organon (OGN) on Wednesday agreed to buy Roivant Sciences' ( ROIV ) immuno-dermatology subsidiary Dermavant in a...
Fed Rate Decision Looms as US Equity Futures Tread Water Pre-Bell
Fed Rate Decision Looms as US Equity Futures Tread Water Pre-Bell
Sep 23, 2024
08:44 AM EDT, 09/18/2024 (MT Newswires) -- US equity futures posted narrow gains pre-bell Wednesday ahead of the Federal Reserve's interest rate decision. The Dow Jones Industrial Average futures, S&P 500 futures, and Nasdaq futures were all up around 0.1%. Oil prices were lower, with front-month global benchmark North Sea Brent crude down 0.8% at $73.08 per barrel and US...
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TDS reports third quarter 2025 results
TDS reports third quarter 2025 results
Nov 7, 2025
Announces new $500 million share repurchase authorization CHICAGO, Nov. 7, 2025 /PRNewswire/ -- As previously announced, TDS will hold a teleconference on November 7, 2025, at 9:00 a.m. CST. Listen to the call live via the Events & Presentations page of investors.tdsinc.com. Telephone and Data Systems, Inc. ( TDS/PV ) reported total operating revenues from continuing operations of $308.5 million for the third...
Mogo Reports Continued Platform Growth and Record Assets Under Management in Q3 2025
Mogo Reports Continued Platform Growth and Record Assets Under Management in Q3 2025
Nov 7, 2025
Assets Under Management Reach Record $498 Million; Bitcoin Holdings Increase Over 300% Quarter-over-Quarter Wealth Revenue Up 27% Year-over-Year; Payments Revenue1 Up 11% Year-over-Year Adjusted EBITDA Margin2 of 11.6% Mogo Raises 2025 EBITDA Guidance on Strong Platform Performance Mogo ( MOGO ) reports in Canadian dollars and in accordance with IFRS VANCOUVER, British Columbia--(BUSINESS WIRE)-- Mogo Inc. ( MOGO )...
Array Appoints Anthony Carlson President and CEO
Array Appoints Anthony Carlson President and CEO
Nov 7, 2025
CHICAGO, Nov. 7, 2025 /PRNewswire/ -- Array Digital Infrastructure, Inc. SM (ArraySM), and Telephone and Data Systems, Inc. ( TDS/PV ) today announced Anthony Carlson will become the President and CEO of Array on November 16, 2025. Concurrently, Anthony Carlson will join the Array Board of Directors. As President and CEO of Array, he will be responsible for overseeing operations and strategic...
Brookfield Infrastructure Reports Strong Third Quarter 2025 Results
Brookfield Infrastructure Reports Strong Third Quarter 2025 Results
Nov 7, 2025
BROOKFIELD, News, Nov. 07, 2025 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Partners L.P. ( BIP/PA ) (Brookfield Infrastructure, BIP, or the Partnership) today announced its results for the third quarter ended September 30, 2025. “Brookfield Infrastructure delivered another solid quarter, generating strong financial results and achieving our annual growth and asset sale objectives,” said Sam Pollock, Chief Executive Officer of Brookfield...
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Peru's niche Bretaña crude oil gains popularity in US
Peru's niche Bretaña crude oil gains popularity in US
Jan 14, 2025
By Arathy Somasekhar HOUSTON (Reuters) - Peru's niche Bretaña crude oil is gaining popularity in the United States, with the first cargo discharging in the U.S. Gulf Coast this month as U.S. refiners seek alternatives for declining Mexican heavy crude. Bretaña, a rare heavy sweet crude with minimal metals, is produced in the Peruvian side of the Amazon rainforest. It...
Commerzbank on Overnight News
Commerzbank on Overnight News
Jan 14, 2025
06:20 AM EST, 01/14/2025 (MT Newswires) -- Commerzbank in its European Sunrise note of Tuesday highlighted: Markets: United States Treasuries modestly bull-steepen into New York close, better bid in Asia. E-minis edge higher, Asian equities mixed. EUR stronger at $1.025, Brent weakens. U.S.: President-elect Donald Trump's team said to discuss gradually increasing tariffs to avoid an inflation spike and support...
Macquarie to invest up to $5 billion in Applied Digital data centers, WSJ reports
Macquarie to invest up to $5 billion in Applied Digital data centers, WSJ reports
Jan 14, 2025
(Reuters) - Investment bank Macquarie will invest up to $5 billion in Applied Digital's ( APLD ) AI data centers and will take a 15% stake in the company, the Wall Street Journal reported on Tuesday. Shares of the data center operator jumped over 20% in premarket trading. Macquarie's asset-management arm agreed to invest up to $900 million in a...
EXPLAINER-Why does Russia want to capture strategic Ukrainian city of Pokrovsk?
EXPLAINER-Why does Russia want to capture strategic Ukrainian city of Pokrovsk?
Jan 14, 2025
(Updates Dec. 18 explainer with latest battlefield and other developments) By Andrew Osborn and Anastasiia Malenko MOSCOW/KYIV, Jan 14 (Reuters) - Russian forces are closing in on the strategically important eastern Ukrainian city of Pokrovsk after capturing a string of villages to its south, and Ukraine has halted production at its only coking coal mine nearby due to the advance....
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DOGE to Skyrocket? Analyst Predicts a 900% Surge ‘at Any Moment’
DOGE to Skyrocket? Analyst Predicts a 900% Surge ‘at Any Moment’
Jan 29, 2025
TL;DR Analyst Ali Martinez points to past surges, suggesting DOGE could skyrocket above $3 in a matter of 48 hours, though skeptics question feasibility. A potential green light of Bitwises spot DOGE ETF filing could fuel a major rally, but investors should be aware that past ETF approvals have triggered short-term corrections. DOGEs Next Potential Targets The biggest meme coin...
Unicorn Fart Dust Creator Breaks Silence After $6.6M Hack
Unicorn Fart Dust Creator Breaks Silence After $6.6M Hack
Jan 29, 2025
Ron Branstetter, creator of the viral meme coin Unicorn Fart Dust (UFD), announced that his Phantom wallet had been hacked, leading to the loss of $6.6 million worth of UFD tokens, Solana, and other crypto assets. Branstetter shared the news during an emergency livestream, expressing heartbreak while reassuring the community of his unwavering commitment to the project. The $6.6 Million...
Bitcoin Price Drops by $1K as US Federal Reserve Maintains Interest Rates
Bitcoin Price Drops by $1K as US Federal Reserve Maintains Interest Rates
Jan 29, 2025
As expected, the US Fed didnt lower the key interest rates in the first FOMC meeting of the year. BTCs price had calmed over the past day or so at around $102,000 $103,000 but started to lose value almost immediately after the decision came out. During the last FOMC meeting for 2024, the US Federal Reserve cut the interest rates...
CBOE Restarts US Solana ETF Race With Filings for 4 Asset Managers
CBOE Restarts US Solana ETF Race With Filings for 4 Asset Managers
Jan 29, 2025
The options and derivatives exchange CBOE has filed applications seeking the launch of Solana exchange-traded funds (ETFs) for four leading asset managers in the United States. This development has once again restarted the race for the first SOL exchange-traded fund in the country. According to details on the CBOE rule filings site, the exchange has applied to list and trade...
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