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Sterling continues to shine before UK growth data
Sterling continues to shine before UK growth data
Aug 14, 2025
The British pound rose on Thursday against a basket of major currencies, extending gains for the third consecutive day against the US dollar and recording its highest level in five weeks, amid weak expectations for the Bank of England to continue easing monetary policy and cutting interest rates. To reprice those expectations, investors later today await key UK economic data...
Aussie climbs after RBA rate decision
Aussie climbs after RBA rate decision
Aug 12, 2025
The Australian dollar rose against most major currencies on Tuesday following a widely expected monetary policy decision. The Reserve Bank of Australia on Tuesday cut the official cash rate by 25 basis points to 3.60% at its regular meeting, marking the third rate cut this year after reductions in February and May, and following a surprise pause in July that...
US dollar retreats to two-week trough as investors anticipate Fed rate cut
US dollar retreats to two-week trough as investors anticipate Fed rate cut
Aug 13, 2025
The US dollar fell to a two-week low on Wednesday after weak US inflation data boosted expectations that the Federal Reserve will cut interest rates next month, while attempts by President Donald Trump to expand his influence over US institutions added pressure on the currency. The dollar index, which measures the performance of the US currency against a basket of...
What’s behind Trump’s deal with Nvidia and AMD on China sales revenue?
What’s behind Trump’s deal with Nvidia and AMD on China sales revenue?
Aug 12, 2025
The White House confirmed on Monday that Nvidia and AMD have reached an agreement to share 15% of their revenue from sales to China with the US government, a move that has sparked debate over its potential impact on the two chipmaking giants and whether Washington might pursue similar deals with other companies. Under the agreement, the companies will receive...
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Sector Update: Health Care Stocks Flat to Higher Premarket Friday
Sector Update: Health Care Stocks Flat to Higher Premarket Friday
Sep 1, 2024
09:11 AM EDT, 08/30/2024 (MT Newswires) -- Health care stocks were flat to higher premarket Friday with the Shares Biotechnology ETF (IBB) inactive and the Health Care Select Sector SPDR Fund ( XLV ) recently up 0.3%. Emergent Biosolutions ( EBS ) shares rose nearly 18% after it said the US Food and Drug Administration has approved its supplemental application...
US STOCKS-Wall St up as rate-cut hopes hold firm after inflation data
US STOCKS-Wall St up as rate-cut hopes hold firm after inflation data
Sep 1, 2024
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * PCE data shows inflation rose 2.5% in July * Marvell ( MRVL ) jumps after forecasting Q3 results above estimates * Ulta Beauty ( ULTA ) tumbles following annual forecast trim * Intel ( INTC ) up on report...
Futures gain ahead of inflation data as Fed's September meeting looms
Futures gain ahead of inflation data as Fed's September meeting looms
Sep 1, 2024
By Johann M Cherian and Purvi Agarwal (Reuters) -U.S. stock index futures edged up on Friday ahead of a crucial inflation report that could influence investor expectations about the extent of the central bank's interest-rate cuts this year. Global markets are nearing the end of a tumultuous month for riskier assets, after signs of a sudden moderation in the labor...
Japan's Nikkei ends higher as tech tracks Dow's record close
Japan's Nikkei ends higher as tech tracks Dow's record close
Sep 1, 2024
(Updates at 0600 GMT) TOKYO, Aug 30 (Reuters) - Japan's Nikkei share average ended higher on Friday, with technology stocks leading the gains, as traders tracked a record closing high at Dow overnight following robust U.S. economic data. The Nikkei rose 0.74% to close at 38,647.75, and ended the week flat. For the month, the benchmark index lost more than...
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PTC Appoints James A. Lico to Board of Directors
PTC Appoints James A. Lico to Board of Directors
Oct 13, 2025
BOSTON, Oct. 13, 2025 /PRNewswire/ -- PTC today announced that it has appointed James (Jim) Lico to its Board of Directors, effective October 13, 2025. Lico is the former President and Chief Executive Officer of Fortive Corporation, a provider of safety and productivity solutions to industrial and healthcare markets. During his tenure as President and CEO, Lico led Fortive's transformation...
Jabil Launches J-422G Servers for Scalable AI and Data Center Performance
Jabil Launches J-422G Servers for Scalable AI and Data Center Performance
Oct 13, 2025
The company’s latest generation servers offer new efficiencies and flexibility for deployment ST. PETERSBURG, Fla.--(BUSINESS WIRE)-- Jabil Inc. ( JBL ) , a global engineering, supply chain, and manufacturing solutions provider, today announced the launch of its new J-422G servers to meet the growing needs of artificial intelligence (AI) and data center customers. This press release features multimedia. View...
Landis+Gyr Taps SEALSQ for Enhanced Smart Grid Network Security in North America
Landis+Gyr Taps SEALSQ for Enhanced Smart Grid Network Security in North America
Oct 13, 2025
Geneva, Switzerland and Atlanta, GA, Oct. 13, 2025 (GLOBE NEWSWIRE) -- Image: https://ml.globenewswire.com/Resource/Download/6879fd4b-a2b9-4908-a31b-3f5b7bd48e19/image2.png Image: https://ml.globenewswire.com/Resource/Download/225a10f0-a7f8-4316-93fe-143c6762a21d/landis-gyr.png Image: https://ml.globenewswire.com/Resource/Download/5d0b31a5-9805-40b6-b111-f26a574e31ea/image3.jpeg Watch Times Square video here: https://youtu.be/0eKNhLhOTGo SEALSQ PKI solution being implemented for electric and gas smart grid devices SEALSQ Corp ( LAES ) (SEALSQ or Company), a company that focuses on developing and selling Semiconductors, PKI, and Post-Quantum technology hardware and software products, and...
Kratos Unveils Revolutionary Low-Cost Cruise Missile System, “Ragnarök”
Kratos Unveils Revolutionary Low-Cost Cruise Missile System, “Ragnarök”
Oct 13, 2025
SAN DIEGO, Oct. 13, 2025 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc., a technology company in defense, national security, and global markets, today unveiled its innovative Ragnarök Low-Cost Cruise Missile (LCCM) system, representing a significant advancement in tactical strike capabilities. Image: image2.jpeg The XQ-58 Valkyrie pictured at the 2025 Miramar Air Show in San Diego, CA is a...
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Cathie Wood's ARK Invest scoops up nearly 10,000 Reddit shares in debut
Cathie Wood's ARK Invest scoops up nearly 10,000 Reddit shares in debut
Mar 22, 2024
(Reuters) - Popular investor Cathie Wood's ARK Invest bought nearly 10,000 shares of Reddit ( RDDT ) in the social media platform's strong market debut on Thursday, an email from the asset manager showed. A total of 9,982 shares of the loss-making company was added to ARK Next Generation Internet ETF ( ARKW ) and ARK Fintech Innovation ETF (...
Japan's union group Rengo announces biggest wage hikes on record
Japan's union group Rengo announces biggest wage hikes on record
Mar 22, 2024
TOKYO (Reuters) -Japanese firms have agreed to raise pay by 5.25% this year, the biggest rise under comparable data since 2013, the country's largest union group Rengo confirmed on Friday. The results of the closely-watched wage negotiations are announced in several stages, in which the blue-chip firms are first to wrap up their talks in mid-March. The second announcement on...
Hutchmed Begins Registration Stage for Phase 2/3 Trial of Investigational Autoimmune Disorder Drug
Hutchmed Begins Registration Stage for Phase 2/3 Trial of Investigational Autoimmune Disorder Drug
Mar 22, 2024
05:04 AM EDT, 03/22/2024 (MT Newswires) -- Hutchmed ( HCM ) said late Thursday it has started the registration stage for a phase 2/3 clinical trial of investigational drug sovleplenib for adult patients with warm antibody autoimmune hemolytic anemia in China. The move follows positive data from the proof-of-concept phase 2 stage of the trial and a consultation with the...
FedEx jumps on profit beat, improved margins in its largest unit
FedEx jumps on profit beat, improved margins in its largest unit
Mar 22, 2024
(Reuters) - FedEx ( FDX ) shares surged in premarket trading on Friday after the parcel giant beat estimates for quarterly profit and reported a higher operating margin at Express, its largest unit. Shares of the company rose 12.4% to $297.75 before the bell, with rival UPS up 3.5%. FedEx ( FDX ) has taken several measures to protect margins...
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Top Bitcoin Price Predictions: Can BTC Reach $150,000 This Year?
Top Bitcoin Price Predictions: Can BTC Reach $150,000 This Year?
Jul 2, 2024
TL;DR Bitcoin (BTC) hit an all-time high of over $73,000 in mid-March 2024, with predictions it could reach $150,000 by year-end. Analysts see potential for a BTC rally if it surpasses key resistance levels, with targets around $65,000 to $67,000 to be reached sometime this month. BTC is Yet to Make the Headlines? Despite the downfall in the past month,...
Bitcoin Bulls Try to Defend $63K as Major Altcoins Consolidate (Market Watch)
Bitcoin Bulls Try to Defend $63K as Major Altcoins Consolidate (Market Watch)
Jul 2, 2024
Bitcoins price has been unable to maintain yesterdays bullish momentum, and now the buyers are trying to defend the $63K level. The broader cryptocurrency market is also in a state of consolidation, and its interesting to see what the next direction will be. Bitcoin Bulls Try Defending $63K As seen in the chart below, Bitcoins price has so far been...
Cardano’s Founder Charles Hoskinson Has an Interesting Take on AI Models
Cardano’s Founder Charles Hoskinson Has an Interesting Take on AI Models
Jul 1, 2024
Charles Hoskinson, the co-founder of the blockchain platform Cardano, believes artificial intelligence (AI) models are losing their utility over time. In a Sunday tweet, Hoskinson said the reason is the alignment training that comes with AI censorship. AI Models Are Losing Utility AI censorship refers to the use of machine learning algorithms to automatically filter content considered objectionable, harmful, or...
Ethereum Suffers $61M Outflows, Worst Performance Since August 2022
Ethereum Suffers $61M Outflows, Worst Performance Since August 2022
Jul 1, 2024
Digital asset investment products experienced their third consecutive week of outflows amounting to $30 million, although last week showed a significant decrease. While outflows for Ethereum continued, investor sentiment surrounding Bitcoin appears to be slowly changing. According to the latest edition of CoinShares Digital Asset Fund Flows Weekly report, most providers recorded minor inflows, but this was counterbalanced by Grayscale,...
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