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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 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 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 falls and shrugs off strong employment data
Aussie falls and shrugs off strong employment data
May 25, 2025
The Australian dollar fell against most major rivals on Thursday despite strong labor data. Australia's unemployment rate was unchanged in April at 4.1%, same as March, and matching expectations. The Australian economy added 89.0 thousand new jobs in April, easily beating estimates of a 20.9 thousand addition, while March's reading was revised to show the addition of 32.2 thousand jobs...
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US yields nearing level that could pressure stocks, Morgan Stanley says
US yields nearing level that could pressure stocks, Morgan Stanley says
Mar 18, 2024
NEW YORK (Reuters) - U.S. stocks have climbed this year despite rising Treasury yields, but equities could become more sensitive if yields push higher from current levels, Morgan Stanley strategists said on Monday. Rising yields tend to pressure equity valuations, but this year multiples have remained elevated in the face of rising rates, the Morgan Stanley equity strategists led by...
Exchange-Traded Funds Mixed, US Equities Rise After Midday Trading
Exchange-Traded Funds Mixed, US Equities Rise After Midday Trading
Mar 18, 2024
01:07 PM EDT, 03/18/2024 (MT Newswires) -- Broad Market Indicators Broad-market exchange-traded funds, including IWM and IVV, were mixed, with the latter trading higher. Actively-traded Invesco QQQ Trust (QQQ) was up 1.1%. US benchmark stock indexes rose, led by communication services, and government bond yields advanced after midday trading on Monday. Energy iShares US Energy ETF (IYE) gained 0.7% and...
US Benchmark Stock Indexes Rise in Midday Trading
US Benchmark Stock Indexes Rise in Midday Trading
Mar 18, 2024
12:52 PM EDT, 03/18/2024 (MT Newswires) -- US benchmark stock indexes rose, led by communication services, and government bond yields advanced in midday trading on Monday. The S&P 500 advanced 0.9% to 5,161.2, with the Nasdaq Composite up 1.2% to 16,162.9 and the Dow Jones Industrial Average 0.4% higher at 38,853.9. Communication services and consumer staples were among the top...
EMERGING MARKETS-Fed nerves weigh on Latam currencies, commodities boost most stocks
EMERGING MARKETS-Fed nerves weigh on Latam currencies, commodities boost most stocks
Mar 18, 2024
March 18 (Reuters) - Latin American currencies weakened on Monday as the dollar firmed amid concerns the Federal Reserve will keep interest rates higher for longer, though stock markets in the region got a lift from rising commodity prices following upbeat China data. The Brazilian real weakened past 5 per dollar for the first time since Feb. 5 ahead of...
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Japan braces for life with interest rates after historic change
Japan braces for life with interest rates after historic change
Mar 21, 2024
TOKYO (Reuters) - In the coming years, Satoaki Kanoh needs to replace almost a dozen ageing machines at his Tokyo-based maker of acrylic panels, a major undertaking that he worries will become even more expensive. Ideally, I'd like to do one a year. But I don't have that much money, Kanoh said of the customised pieces of machinery that cost...
Japan braces for life with interest rates after historic change
Japan braces for life with interest rates after historic change
Mar 21, 2024
TOKYO, March 22 (Reuters) - In the coming years, Satoaki Kanoh needs to replace almost a dozen ageing machines at his Tokyo-based maker of acrylic panels, a major undertaking that he worries will become even more expensive. Ideally, I'd like to do one a year. But I don't have that much money, Kanoh said of the customised pieces of machinery...
Deep Dive Into Confluent Stock: Analyst Perspectives (17 Ratings)
Deep Dive Into Confluent Stock: Analyst Perspectives (17 Ratings)
Mar 22, 2024
In the preceding three months, 17 analysts have released ratings for Confluent , presenting a wide array of perspectives from bullish to bearish. The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 7 5 5...
Analysis-Apple antitrust suit mirrors strategy that beat Microsoft, but tech industry has changed
Analysis-Apple antitrust suit mirrors strategy that beat Microsoft, but tech industry has changed
Mar 22, 2024
(Reuters) - The U.S. government's antitrust lawsuit against Apple ( AAPL ) draws on the watershed 1998 case that broke Microsoft's ( MSFT ) stranglehold on desktop software, but that may prove to be an imperfect blueprint for addressing smartphone competition. The market for the iPhone today looks very different from the near-monopoly enjoyed by Microsoft's ( MSFT ) Windows...
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Nvidia Insider Sold Shares Worth $39,181,549, According to a Recent SEC Filing
Nvidia Insider Sold Shares Worth $39,181,549, According to a Recent SEC Filing
Sep 22, 2025
03:22 AM EDT, 09/22/2025 (MT Newswires) -- Jen Hsun Huang, Director, President and Chief Executive Officer, on September 17, 2025, sold 225,000 shares in Nvidia ( NVDA ) for $39,181,549. Following the Form 4 filing with the SEC, Huang has control over a total of 853,933,603 common shares of the company, with 71,683,203 shares held directly and 782,250,400 controlled indirectly....
TransMedics Teams Up With Mercedes-Benz to Launch Organ Transport Fleet in Italy
TransMedics Teams Up With Mercedes-Benz to Launch Organ Transport Fleet in Italy
Sep 22, 2025
03:51 AM EDT, 09/22/2025 (MT Newswires) -- TransMedics Group ( TMDX ) said Monday it has partnered with Mercedes-Benz to roll out a fleet of specially designed V-Class vehicles for organ transportation across Italy. The company said the initiative is part of its plan to expand its US-based National OCS Program into Europe. The vans will be stationed in four...
Tutor Perini Insider Sold Shares Worth $12,902,351, According to a Recent SEC Filing
Tutor Perini Insider Sold Shares Worth $12,902,351, According to a Recent SEC Filing
Sep 22, 2025
04:00 AM EDT, 09/22/2025 (MT Newswires) -- Ronald N Tutor, 10% Owner, Director, Executive Chairman, on September 17, 2025, sold 200,000 shares in Tutor Perini ( TPC ) for $12,902,351. Following the Form 4 filing with the SEC, Tutor has control over a total of 6,367,717 common shares of the company, with 6,367,717 controlled indirectly. SEC Filing: https://www.sec.gov/Archives/edgar/data/77543/000007754325000231/xslF345X05/wk-form4_1758326628.xml ...
Tutor Perini Insider Sold Shares Worth $8,244,549, According to a Recent SEC Filing
Tutor Perini Insider Sold Shares Worth $8,244,549, According to a Recent SEC Filing
Sep 22, 2025
03:58 AM EDT, 09/22/2025 (MT Newswires) -- Sidney J Feltenstein, Director, on September 17, 2025, sold 125,000 shares in Tutor Perini ( TPC ) for $8,244,549. Following the Form 4 filing with the SEC, Feltenstein has control over a total of 187,274 common shares of the company, with 187,274 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/77543/000007754325000230/xslF345X05/wk-form4_1758326549.xml ...
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Bitcoin (BTC) Price Tumbles $6K, Liquidations Skyrocket to $500M in 1 Hour
Bitcoin (BTC) Price Tumbles $6K, Liquidations Skyrocket to $500M in 1 Hour
Apr 12, 2024
Bitcoins price failed to overcome the $71,000 level decisively today, and the subsequent rejection pushed the asset south hard, dumping to around $65,000. The altcoins have suffered even more, with numerous double-digit losses from the likes of XRP, SOL, DOGE, TON, ADA, and many more. CryptoPotato reported earlier BTCs attempts to overcome $71,000, which had little success. The bears managed...
Meme Coin Massacre: WIF, BONK, PEPE, FLOKI, SHIB, and DOGE Plummet by Double Digits
Meme Coin Massacre: WIF, BONK, PEPE, FLOKI, SHIB, and DOGE Plummet by Double Digits
Apr 12, 2024
The total crypto market saw a massive correction on Friday evening, with more than $200 billion leaving the space within hours. The liquidations have shot up to nearly $1 billion on a daily scale, but some of the most notable losers come from the ever-volatile meme coin niche. CryptoPotato already reported the big Bitcoin retracement that took the primary cryptocurrency...
Do Kwon’s Fate Hangs in Limbo, Signs Point to US Extradition
Do Kwon’s Fate Hangs in Limbo, Signs Point to US Extradition
Apr 12, 2024
Terraform Labs co-founder Do Kwon has faced a new legal setback after Montenegro’s Supreme Court once again approved the extradition. With this decision, the previous extradition ruling by the High Court has been reversed, thereby resetting the whole process. The final decision now rests in the hands of the Minister of Justice, Andrej Milovic, who had previously expressed willingness towards...
Pac Finance Sudden Parameter Change Sparks $24 Million Liquidation
Pac Finance Sudden Parameter Change Sparks $24 Million Liquidation
Apr 12, 2024
Pac Finance, a lending app on Blast, has had its users report a $24 million liquidation on April 11 due to a sudden change in parameters by the developer wallet. Mass liquidations are common for leveraged traders who borrow crypto, but they often occur due to fluctuations in the market, not protocol parameter changes. Pac Finance LTV Change Leads to...
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