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Aussie hits one-week high after strong wages data
Aussie hits one-week high after strong wages data
May 25, 2025
The Australian dollar rose in Asian trade on Wednesday against a basket of major rivals, expanding gains for the second straight session against the US dollar and hitting a week high, while approaching five-week highs following strong Australian wages data. The data renewed inflationary pressures on the Reserve Bank of Australias policymakers, which hurt the odds of a rate cut...
Aussie drops after wages data
Aussie drops after wages data
May 25, 2025
The Australian dollar fell against most major rivals on Wednesday following labor data. Australian wages rose 0.9% in the first quarter of the year, above estimates of 0.8%. On trading, the AUD/USD pair rose 0.7% as of 20:56 GMT to 0.6428. Loonie The Canadian dollar fell 0.3% against the greenback as of 20:56 GMT to $0.7155. The US Dollar The...
Aussie is worst performing currency after RBA rate cut
Aussie is worst performing currency after RBA rate cut
May 25, 2025
The Australian dollar tumbled on Tuesday against a basket of major rivals, resuming losses against the US counterpart after a short hiatus and becoming the worst performing G8 currency after the RBAs rate cut. The Reserve Bank of Australia voted to cut interest rates by 25 basis points to 3.85%, the lowest since May 2023, as inflation cooled. The Price...
Aussie moves in a positive zone after inflation data
Aussie moves in a positive zone after inflation data
May 25, 2025
The Australian dollar rose in Asian trade on Wednesday against the US dollar after a short hiatus yesterday, with the pair heading towards four-month high and about to mark the second monthly profit in a row. Earlier Sydney data showed inflationary pressures remained persistent on monetary policymakers, casting doubts on the odds of an Australian interest rate cut in May....
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Top Midday Stories: SoftBank Sells Nvidia Stake for $5.83 Billion; CoreWeave Cuts 2025 Revenue Guidance
Top Midday Stories: SoftBank Sells Nvidia Stake for $5.83 Billion; CoreWeave Cuts 2025 Revenue Guidance
Nov 11, 2025
11:58 AM EST, 11/11/2025 (MT Newswires) -- The S&P 500 and the Nasdaq Composite fell in midday trading Tuesday, despite progress on ending the US government shutdown. In company news, SoftBank Group sold its entire stake in Nvidia ( NVDA ) for $5.83 billion. Nvidia ( NVDA ) shares fell 3.5% around midday. CoreWeave ( CRWV ) reported a Q3...
Euro zone yields edge lower but stay close to one-month high
Euro zone yields edge lower but stay close to one-month high
Nov 11, 2025
LONDON, Nov 11 (Reuters) - Euro zone bond yields edged slightly lower but stayed close to one-month highs on Tuesday as traders digested soft German investor sentiment data and a raft of remarks from policymakers, though these failed to add much excitement to a schedule thinned by a U.S. holiday. Germany's 10-year yield, the benchmark for the euro zone, was...
US Equity Indexes Trade Mixed Amid Declines in Technology, Communication Services
US Equity Indexes Trade Mixed Amid Declines in Technology, Communication Services
Nov 11, 2025
12:26 PM EST, 11/11/2025 (MT Newswires) -- US equity indexes were mixed in midday trading on Tuesday, led by declines in the technology and communication services sectors. The Nasdaq Composite fell 0.6% to 23,389.8, and the S&P 500 slipped less than 0.1% to 6,827.7. The Dow Jones Industrial Average rose 0.7% to 47,700.1. Healthcare and energy led the gainers intraday....
US STOCKS-S&P 500, Nasdaq fall as AI valuation worries resurface
US STOCKS-S&P 500, Nasdaq fall as AI valuation worries resurface
Nov 11, 2025
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Indexes: Dow up 0.16%, S&P 500 down 0.19%, Nasdaq down 0.45% * Paramount Skydance ( PSKY ) gains on cost-cut, investment plans * Japan's SoftBank offloads Nvidia ( NVDA ) shares * CoreWeave ( CRWV ) drops after trimming...
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Illumina Raises Q4 Revenue Outlook To $1.10 Billion, Exceeding Street Expectations; Sees Solid Margins
Illumina Raises Q4 Revenue Outlook To $1.10 Billion, Exceeding Street Expectations; Sees Solid Margins
Jan 14, 2025
On Tuesday, Illumina, Inc ( ILMN ). raised its fourth-quarter revenues outlook to $1.10 billion, compared with a prior view of $1.07 billion. The street view also stands at $1.072 billion. The current outlook represents 1% growth year over year. The company’s full-year revenue for 2024 is approximately expected to be $4.33 billion versus the analyst consensus estimate of $4.304 billion, down 2%...
Volcon Delivers First HF1 Electric UTV in Colorado
Volcon Delivers First HF1 Electric UTV in Colorado
Jan 14, 2025
12:45 PM EST, 01/14/2025 (MT Newswires) -- Volcon ( VLCN ) ePowersports (VLCN) said Tuesday it delivered its first HF1 electric UTV to a customer in Colorado. The company said the delivery of more HF1 units in the US will continue this year. Shares of Volcon ( VLCN ) were down 2% in recent trading. Price: 3.78, Change: -0.08, Percent...
Retractable Technologies Withdraws From Case Over Import Tariffs on Syringes, Needles
Retractable Technologies Withdraws From Case Over Import Tariffs on Syringes, Needles
Jan 14, 2025
12:50 PM EST, 01/14/2025 (MT Newswires) -- Retractable Technologies ( RVP ) said Tuesday it was no longer pursuing a case in the US Court of International Trade against defendants involved in the issuance of a 100% tariff on syringes and needles imported from China. The complaint was dismissed Wednesday last week, the company said. Although the tariffs were allegedly...
SharkNinja Taps Salesforce Solutions For Personalized Customer Journeys: Details
SharkNinja Taps Salesforce Solutions For Personalized Customer Journeys: Details
Jan 14, 2025
Salesforce, Inc. ( CRM ) shares are trading higher on Tuesday. The company disclosed that SharkNinja, Inc. ( SN ) is adopting its Agentforce and Commerce Cloud solutions to enhance personalized customer service through autonomous agents and support its global expansion efforts. Agentforce is expected to aid SharkNinja ( SN ) in deploying AI agents that autonomously handle tasks across...
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