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The US Economy Grew by 2.8% in Q2 Compared to 1.4% in Q1, US Dollar Little Changed
The US Economy Grew by 2.8% in Q2 Compared to 1.4% in Q1, US Dollar Little Changed
Jul 25, 2024
US Dollar Analysis and Chart US economy expands by 2.8% in Q2, initial data show.US dollar little changed, eyes Friday’s US Core PCE release.For all high-impact data and event releases, see the real-time DailyFX Economic Calendar The US economy expanded by 2.8% in Q2 - beating market forecasts of 2% - according to recently released BEA data. Compared to the...
Apple Q3 Earnings Preview: a Closer Look at Earnings Forecasts and China Market Strategy
Apple Q3 Earnings Preview: a Closer Look at Earnings Forecasts and China Market Strategy
Jul 25, 2024
Article written by Tony Sycamore, Market Analyst for IG Australia When will Apple report its latest earnings? Apple is scheduled to report its third quarter (Q3) earnings on Thursday, August 1, 2024. Key Financial Metrics Last quarter (Q2), Apple reported a revenue beat of $90.75 billion vs. $90.01 expected and an EPS beat of $1.53 vs. $1.50 estimated. The company...
Euro (EUR/USD) Weakens After German PMIs Disappoint, Rate Cut Expectations Rise
Euro (EUR/USD) Weakens After German PMIs Disappoint, Rate Cut Expectations Rise
Jul 24, 2024
Euro (EUR/USD) Weakens After German PMIs Disappoint, Rate Cut Expectations Rise German PMIs miss forecasts, manufacturing sector weakens further.Euro slips lower as rate cut expectations increase. Recommended by Nick Cawley Trading Forex News: The Strategy For all high-importance data releases and events, see the DailyFX Economic Calendar According to the latest HCOB flash PMIs, ‘Germany’s private sector economy slipped back...
Tesla stock price slumps after Q2 earnings​​​​​​​
Tesla stock price slumps after Q2 earnings​​​​​​​
Jul 25, 2024
​​​Profit slump and financial performance ​Tesla's second-quarter profits for 2024 plummeted by 45%, with net income falling to $1.47 billion, well below analysts' expectations of $1.9 billion. The electric vehicle giant faced headwinds from slower sales, increased costs due to employee layoffs, and significant investments in artificial intelligence infrastructure. ​Despite these challenges, revenues rose 2% to $25.5 billion, narrowly exceeding...
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Sector Update: Energy
Sector Update: Energy
Jun 5, 2025
09:03 AM EDT, 06/05/2025 (MT Newswires) -- Energy stocks were rising pre-bell Thursday as the Energy Select Sector SPDR Fund (XLE) was advancing by 0.7% recently. The United States Oil Fund (USO) was up 1.2% and the United States Natural Gas Fund (UNG) was 1.6% higher. Front-month US West Texas Intermediate crude oil was up 0.5% at $63.16 per barrel...
Sector Update: Tech Stocks Advance Premarket Thursday
Sector Update: Tech Stocks Advance Premarket Thursday
Jun 5, 2025
09:07 AM EDT, 06/05/2025 (MT Newswires) -- Technology stocks were advancing premarket Thursday as the Technology Select Sector SPDR Fund (XLK) was 0.2% higher and the SPDR S&P Semiconductor ETF ( XSD ) was up 0.8% recently. MongoDB ( MDB ) shares were advancing by more than 18% after the company reported higher fiscal Q1 non-GAAP earnings and revenue and...
Sector Update: Tech
Sector Update: Tech
Jun 5, 2025
08:52 AM EDT, 06/05/2025 (MT Newswires) -- Technology stocks were mixed premarket Thursday as the Technology Select Sector SPDR Fund (XLK) was marginally lower and the SPDR S&P Semiconductor ETF (XSD) was up 0.8% recently. MongoDB ( MDB ) shares were advancing by more than 18% after the company reported higher fiscal Q1 non-GAAP diluted earnings and revenue and raised...
Traders Cautious as Jobs Report Looms, Driving Muted Premarket Action for US Equity Futures
Traders Cautious as Jobs Report Looms, Driving Muted Premarket Action for US Equity Futures
Jun 5, 2025
09:08 AM EDT, 06/05/2025 (MT Newswires) -- US equity futures were flat before Thursday's opening bell as traders stayed on the sidelines ahead of Friday's monthly jobs report. Dow Jones Industrial Average futures, S&P 500 futures, and Nasdaq futures were nearly unchanged. Oil prices were higher, with front-month global benchmark North Sea Brent crude up 0.5% at $65.15 per barrel...
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Govt blames inaction by AAP in Punjab, Delhi for bad air quality
Govt blames inaction by AAP in Punjab, Delhi for bad air quality
Nov 6, 2023
Accusing Kejriwal of being busy with election campaigning in poll-bound states and waking up to the situation late, Minister of State for Consumer Affairs, Food, and Public Distribution, Ashwini Kumar Choubey, said that the Centre had held a meeting with Chief Secretaries and senior officials from four North Indian states on 20th October to discuss measures to reduce air pollution, which he claims weren't adopted by the AAP-led governments.
Lok Sabha passes Forest (Conservation) Amendment Bill — All you need to know
Lok Sabha passes Forest (Conservation) Amendment Bill — All you need to know
Jul 11, 2023
Activists have contended that words like "ecotourism facilities" and "any other purposes" are too vague and may pave the way for widespread exploitation and misuse.
Rajasthan: Gehlot government begins Rs 2,500 cr dam project for Sabarmati, Sei rivers ahead of polls
Rajasthan: Gehlot government begins Rs 2,500 cr dam project for Sabarmati, Sei rivers ahead of polls
Mar 1, 2023
On Tuesday, the Gehlot government invited bids for both projects to build the dams within the next four years. The chief minister had announced both projects in last year’s budget.
ED attaches over Rs 10-crore assets in resort scam involving ex-Maha minister Anil Parab
ED attaches over Rs 10-crore assets in resort scam involving ex-Maha minister Anil Parab
Jan 4, 2023
The probe pertains to Dapoli resort, which is allegedly illegal. The former minister and Shiv Sena (Uddhav) leader, Anil Parab, allegedly wangled a permit to use land meant for agricultural use. The ED had started the investigation under the the Prevention of Money Laundering Act (PMLA) after a complaint from the Environment Ministry.
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OKX Sees $204M Outflows in 24 Hours After Security Lapses
OKX Sees $204M Outflows in 24 Hours After Security Lapses
Jun 11, 2024
OKX has experienced significant outflows, with $204 million withdrawn in the past 24 hours and $630 million in the past week, surpassing the outflows of other prominent cryptocurrency exchanges. The surge in withdrawals comes from multiple security controversies that may have undermined user confidence. OKXs Design Flaw On June 9, two OKX users lost a significant amount of funds in...
Doubling Litecoin (LTC) Addresses Could Signal Bullish Move
Doubling Litecoin (LTC) Addresses Could Signal Bullish Move
Jun 11, 2024
The weekend dump dragged Litecoins price below $80 as the cryptocurrency experienced significant sell pressure. The accumulation over the past couple of weeks failed to drive the price higher, but the latest data suggest two potentially bullish indicators for the altcoin, predicting a recovery. Litecoins Active Addresses Spike According to the popular crypto analytic platform, Santiment, the number of addresses...
Bitcoin Open Interest Reaches All
Bitcoin Open Interest Reaches All
Jun 11, 2024
Bitcoin futures interest tapped an all-time high in US dollar terms on Monday, reaching over 500,000 BTC worth $36.3 billion. Analysts say the overwhelming surge in open interest relates to a clever arbitrage play levied by institutional traders between Bitcoin’s futures and spot markets. The Cash And Carry Trade In a Tuesday newsletter, lead Glassnode analyst James Check theorized that...
Crypto Hater Elizabeth Warren Begs Fed Chairman To Cut Interest Rates
Crypto Hater Elizabeth Warren Begs Fed Chairman To Cut Interest Rates
Jun 11, 2024
United States Senator Elizabeth Warren (D-MA) is calling on the Federal Reserve to lower its interest rate target on Thursday – a move most analysts believe would be a boon for crypto markets. The senator’s request puts her in an ironic alignment with crypto investors, whose industry she has repeatedly tried to stifle with burdensome legislation and reporting requirements. Cut...
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