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Euro advances towards three-week highs amid cautious trading
Euro advances towards three-week highs amid cautious trading
May 13, 2024
Euro rose in European trade on Monday against a basket of major rivals, resuming gains against the dollar and heading towards three-week highs amid cautious trading ahead of fresh remarks by ECB officials. The most important event this week is the release of US inflation data, which will provide important clues on the future of the Federal Reserves interest rates....
FTSE 100, DAX 40 Trade in Record Highs with S&P 500 Less Than 1% Away from April Record Peak
FTSE 100, DAX 40 Trade in Record Highs with S&P 500 Less Than 1% Away from April Record Peak
May 13, 2024
Major Indices Technical Updates: FTSE 100 continues bullish run, spurred on by trendline supportDAX trades just shy of the all-time highSP 500 within 1% of a retest of the all-time highElevate your trading skills and gain a competitive edge. Get your hands on the Equities Q2 outlook today for exclusive insights into key market catalysts that should be on every...
Yen tumbles to two-week lows, triggering concerns of official Japanese intervention
Yen tumbles to two-week lows, triggering concerns of official Japanese intervention
May 13, 2024
Yen fell in Asian trade on Tuesday against a basket of major rivals, sharpening losses for the third straight session against the dollar and plumbing two-week lows, triggering concerns of yet another intervention by Japanese authorities. Yen is approaching the red line that the Bank of Japan seemed to have demarcated with serious intentions to intervene in order to defend....
Loonie edges up after monthly employment data
Loonie edges up after monthly employment data
May 10, 2024
The Canadian dollar rose against most major rivals following monthly jobs data which revealed solid performance last month. The Canadian labor ministry reported the addition of 90.4 thousand new jobs in April, while analysts expected the addition of 20.9 thousand new jobs. The data also showed that Canadas unemployment rate stabilized at 6.1% last month, while analysts expected 6.2%. On...
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Competitor Analysis: Evaluating Amphenol And Competitors In Electronic Equipment, Instruments & Components Industry
Competitor Analysis: Evaluating Amphenol And Competitors In Electronic Equipment, Instruments & Components Industry
Jun 19, 2024
In today's fast-paced and competitive business landscape, it is essential for investors and industry enthusiasts to thoroughly analyze companies before making investment decisions. In this article, we will conduct a comprehensive industry comparison, evaluating Amphenol ( APH ) against its key competitors in the Electronic Equipment, Instruments & Components industry. By examining key financial metrics, market position, and growth prospects,...
Exploring The Competitive Space: Lam Research Versus Industry Peers In Semiconductors & Semiconductor Equipment
Exploring The Competitive Space: Lam Research Versus Industry Peers In Semiconductors & Semiconductor Equipment
Jun 19, 2024
In the ever-changing and fiercely competitive business landscape, conducting thorough company analysis is crucial for investors and industry experts. In this article, we will undertake a comprehensive industry comparison, evaluating Lam Research ( LRCX ) and its primary competitors in the Semiconductors & Semiconductor Equipment industry. By closely examining key financial metrics, market position, and growth prospects, our aim is...
US wants Netherlands, Japan to further restrict chipmaking equipment to China
US wants Netherlands, Japan to further restrict chipmaking equipment to China
Jun 19, 2024
(Reuters) -A U.S. official was heading to Japan after meeting with the Dutch government to urge the allies to further restrict China's ability to produce cutting-edge semiconductors, two people familiar with the matter told Reuters. Alan Estevez, the U.S. export policy chief, is visiting both countries this week as part of attempts to expand a 2023 agreement between the three...
CDK Global investigating cyber incident, briefly shut all systems
CDK Global investigating cyber incident, briefly shut all systems
Jun 19, 2024
June 19 (Reuters) - Retail technology and software provider CDK Global was investigating a cyber incident and had briefly shut all its systems down proactively, it said on Wednesday. The company, which provides software to car dealerships, said its core dealer management system and digital retailing solutions had been restored. CDK Global added that it had tested and consulted with...
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BP Joins Audi's F1 Grid: The Race for Sustainable Motorsport Heats Up
BP Joins Audi's F1 Grid: The Race for Sustainable Motorsport Heats Up
Jul 15, 2024
BP p.l.c ( BP ). shares are trading lower today. The company disclosed that it is forming a strategic partnership with Audi in Formula 1. The deal aligns the companies’ technical expertise and innovation drive to influence the future of motorsport as Audi prepares to enter F1 in 2026 under new FIA regulations emphasizing enhanced electrification and sustainable fuels. In their...
Vinfast Delays Launch of North Carolina Facility
Vinfast Delays Launch of North Carolina Facility
Jul 15, 2024
08:10 AM EDT, 07/15/2024 (MT Newswires) -- Vinfast said Friday it will delay the launch of its first-ever US manufacturing facility until 2028. The original opening was set for 2025, Reuters reported. The change in plans for the Vietnamese company's North Carolina facility comes amid a slowdown in sales for electric vehicles. Ongoing economic headwinds and uncertainties in different macro-economies...
Lululemon Athletica Sued Over Alleged 'Greenwashing'
Lululemon Athletica Sued Over Alleged 'Greenwashing'
Jul 15, 2024
08:07 AM EDT, 07/15/2024 (MT Newswires) -- Lululemon Athletica ( LULU ) is facing a class action lawsuit filed Friday that alleges the company portrays itself as environmentally friendly when, in reality, they are causing significant damage to the environment. The lawsuit, filed in US District Court for the Southern District of Florida, claims that the company has duped consumers...
VersaBank Names Four Senior Executives to U.S. Subsidiary
VersaBank Names Four Senior Executives to U.S. Subsidiary
Jul 15, 2024
08:04 AM EDT, 07/15/2024 (MT Newswires) -- VersaBank ( VBNK ) Monday appointed four senior executives to its newly created U.S. subsidiary, VersaBank USA. Tel Matrundola takes over as president of VersaBank USA while Shawn Clarke was appointed COO. The company tapped Tim Bloom as chief risk officer and Kevin Sullivan assumed the role of Bank Secrecy Act officer. The...
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Bitcoin Has Made Getting Rich So Easy, Says Robert Kiyosaki
Bitcoin Has Made Getting Rich So Easy, Says Robert Kiyosaki
May 26, 2025
In a world where capitalists dominate most economies, people are constantly searching for ways to accumulate wealth. Bitcoin presents an easy path for this, according to finance guru and entrepreneur Robert Kiyosaki. The Rich Dad, Poor Dad author believes bitcoin (BTC) has made it so easy for anyone to get rich and insists more people should be buying the digital...
Possible Scenarios for XPR Once it Breaks Out of Consolidation: Ripple Price Analysis
Possible Scenarios for XPR Once it Breaks Out of Consolidation: Ripple Price Analysis
May 26, 2025
Ripple remains confined within a narrow price range, with minimal fluctuations in recent action. This low-volatility environment suggests an imminent breakout, which will likely define the next major trend. XRP Analysis The Daily Chart XRP is currently trading within a narrow and critical price range, bounded by the 100-day and 200-day moving averages at $2.2, and the descending wedge’s upper...
Analyst Forecasts BTC Short
Analyst Forecasts BTC Short
May 26, 2025
Bitcoin’s current rally may only be warming up, with market watchers predicting a potential surge to $162,000 by mid-June, largely driven by short-term holders approaching a critical profit threshold. According to Axel Adler Jr., Bitcoin’s Net Unrealized Profit/Loss (NUPL) for those who’ve held the cryptocurrency for a maximum of three months sits at 27%. The Short-Term Holder Catalyst In a...
Charles Hoskinson Backs Ripple Over Coinbase in Circle Takeover Battle
Charles Hoskinson Backs Ripple Over Coinbase in Circle Takeover Battle
May 26, 2025
TL;DR Charles Hoskinson weighed in on the rumored multi-billion-dollar bidding war between Ripple and Coinbase for stablecoin issuer Circle. He also revealed ongoing talks to bring Ripple’s RLUSD to Cardanos ecosystem. Hoskinsons Choice In a recent video on YouTube, Cardanos founder claimed that such an acquisition would make the crypto space better. Hoskinson also argued that the Coinbase-a16z-Circle mafia has...
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