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Euro retreats to two-week trough against dollar
Euro retreats to two-week trough against dollar
Aug 27, 2025
The euro fell in the European market on Wednesday against a basket of global currencies, trading near a two-week low against the US dollar, as renewed buying of the US currency as the best available investment took hold, amid easing concerns over Federal Reserve stability. With current odds low for the European Central Bank to cut interest rates in Septemberfor...
US dollar steadies after shock of Trump's dismissal of Fed member
US dollar steadies after shock of Trump's dismissal of Fed member
Aug 26, 2025
The US dollar steadied on Tuesday after a volatile start to the session, following an unprecedented move by President Donald Trump to dismiss Federal Reserve board member Lisa Cook, reigniting concerns over the central banks independence. The euro and British pound were little changed against the dollar at 1.1617 dollars and 1.3461 dollars respectively, in line with muted moves in...
Australia's inflation hits one-year high
Australia's inflation hits one-year high
Aug 27, 2025
Australias consumer price index rose by 2.8% year-on-year in July, the fastest pace since July 2024, data from the Australian Bureau of Statistics showed on Wednesday morning. The increase was higher than market expectations of a 2.3% rise and above the previous reading of 1.9%. The data highlight mounting inflationary pressures on policymakers at the Reserve Bank of Australia, reducing...
US dollar climbs but concerns over Fed independence linger
US dollar climbs but concerns over Fed independence linger
Aug 27, 2025
The US dollar rose against the euro and British pound on Wednesday, though investor concerns about Federal Reserve independence still linger, potentially limiting the currencys upside. The euro fell about 0.4% to 1.1593 dollars, while the pound slipped 0.3% to 1.3441 dollars, giving back some gains made after US President Donald Trump announced Monday his plan to dismiss Fed board...
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Sector Update: Energy
Sector Update: Energy
May 1, 2026
09:01 AM EDT, 05/01/2026 (MT Newswires) -- Energy stocks were leaning lower premarket Friday, with the State Street Energy Select Sector SPDR ETF (XLE) declining by 0.2%. The United States Oil Fund (USO) was down 1.3% and the United States Natural Gas Fund (UNG) was 1.2% higher. Front-month US West Texas Intermediate crude oil was 1.4% lower at $103.59 per...
Sector Update: Financial
Sector Update: Financial
May 1, 2026
09:00 AM EDT, 05/01/2026 (MT Newswires) -- Financial stocks were rising premarket Friday, with the State Street Financial Select Sector SPDR ETF (XLF) advancing by 0.4%. The Direxion Daily Financial Bull 3X Shares (FAS) was 1.2% higher and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was down 1.2%. Aon (AON) shares were up more than 2% after...
Sector Update: Financial Stocks Rise Premarket Friday
Sector Update: Financial Stocks Rise Premarket Friday
May 1, 2026
09:12 AM EDT, 05/01/2026 (MT Newswires) -- Financial stocks were rising premarket Friday, with the State Street Financial Select Sector SPDR ETF (XLF) advancing by 0.4%. The Direxion Daily Financial Bull 3X Shares (FAS) was 1.1% higher and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was down 1.1%. Aon (AON) shares were up more than 2% after...
Sector Update: Tech Stocks Mixed Pre-Bell Friday
Sector Update: Tech Stocks Mixed Pre-Bell Friday
May 1, 2026
09:04 AM EDT, 05/01/2026 (MT Newswires) -- Technology stocks were mixed pre-bell Friday, with the State Street Technology Select Sector SPDR Fund (XLK) up 0.3% and the State Street SPDR S&P Semiconductor ETF ( XSD ) 0.4% lower. Apple ( AAPL ) shares were up more than 3% after the company posted higher fiscal Q2 earnings and revenue. Apple (...
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14 Analysts Have This To Say About Adobe
14 Analysts Have This To Say About Adobe
Oct 17, 2024
Throughout the last three months, 14 analysts have evaluated Adobe , offering a diverse set of opinions from bullish to bearish. The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 2 9 3 0...
Intel, AMD team up to confront rising challenge from Arm
Intel, AMD team up to confront rising challenge from Arm
Oct 17, 2024
(Reuters) - Intel ( INTC ) and Advanced Micro Devices ( AMD ) on Tuesday said they are forming a group to help make sure software works across their chips, responding to a rising challenge from Arm Holdings. Intel ( INTC ) invented what is known as the x86 computing architecture, a technology that for 40 years has powered the...
Italy's FiberCop eyes some 12 bln euro investments in new plan
Italy's FiberCop eyes some 12 bln euro investments in new plan
Oct 17, 2024
CERNOBBIO, Italy, Oct 15 (Reuters) - FiberCop, the wholesale-only telecoms network operator controlled by KKR plans to earmark investments of 12 billion euros ($13.09 billion) in its upcoming five-year business plan, Chief Executive Luigi Ferraris said on Tuesday. We are a working on a five-year plan including investments of about 12 billion euros, Ferraris said on the sidelines of an...
Market Whales and Their Recent Bets on ASML Options
Market Whales and Their Recent Bets on ASML Options
Oct 17, 2024
Deep-pocketed investors have adopted a bearish approach towards ASML Holding ( ASML ) , and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in ASML ( ASML ) usually suggests something big is about to happen. We...
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Bayhorse Silver Extends Bayhorse Breccia Zone and Reports Anomalous Copper-Zinc Assay Results
Bayhorse Silver Extends Bayhorse Breccia Zone and Reports Anomalous Copper-Zinc Assay Results
Mar 4, 2025
12:40 PM EST, 03/04/2025 (MT Newswires) -- Bayhorse Silver ( BHSIF ) on Tuesday said the company received assay results for the first 115 meters of the silicified breccia zone encountered 90 meters downhole in drill hole BH24-01 to test a VTEM anomaly at the Bayhorse Silver Mine. The company said anomalous values of continuous copper, up to 125 parts...
Apple appeals to overturn UK government's 'back door' order, Financial Times reports
Apple appeals to overturn UK government's 'back door' order, Financial Times reports
Mar 4, 2025
March 4 (Reuters) - Apple ( AAPL ) has filed a legal complaint that it hopes will overturn a British government order to create a back door in its most secure cloud storage systems, the Financial Times reported on Tuesday, citing people familiar with the matter. (Reporting by Akash Sriram in Bengaluru; Editing by Shinjini Ganguli) ...
BRIEF-Enbridge: Possibility Of Line 5 Being Shut Down By U.S. in Event of Trade War Escalation Unlikely
BRIEF-Enbridge: Possibility Of Line 5 Being Shut Down By U.S. in Event of Trade War Escalation Unlikely
Mar 4, 2025
March 4 (Reuters) - Enbridge Inc ( ENB ): * EXEC SAYS VENEZUELAN CRUDE BEING SANCTIONED BY THE US WILL HELP CANADIAN CRUDE DEMAND HOLD UP IN FACE OF TARIFFS - INVESTOR DAY CONF CALL * CEO SAYS U.S. AND CANADA ENERGY SYSTEMS ARE SO INTERTWINED THAT ENBRIDGE CONTINUES TO SEE EXPORT OPPORTUNITIES TO U.S. IN SPITE OF TARIFFS *...
What's Going On Cycurion Shares Tuesday?
What's Going On Cycurion Shares Tuesday?
Mar 4, 2025
Cycurion, Inc. ( CYCU ) shares are trading higher on Tuesday after the company announced the launch of its ARx Platform. What To Know: The expansion comes after the software was well received by government agencies, including the Department of Justice and the Department of Defense. Additionally, the company recently secured a 24 to 36 month long partnership with a...
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No Demand? BlackRock’s ETH Fund Enters Top 6 ETF Launches of 2024
No Demand? BlackRock’s ETH Fund Enters Top 6 ETF Launches of 2024
Aug 7, 2024
BlackRock has been proving the pundits wrong amid claims that there has been little or no demand for spot Ethereum’s ETFs, The asset manager’s ETHA ETF took another $108.4 million in daily inflows on Aug. 6. This comes in the same week that the underlying asset devalued by around 25%. On “crypto black Monday,” the fund took $47 million, bringing...
These Shiba Inu Indicators Skyrocket as the SHIB Price Bounces by 20%: Details
These Shiba Inu Indicators Skyrocket as the SHIB Price Bounces by 20%: Details
Aug 7, 2024
TL;DR Shiba Inu (SHIB) surged 20% on August 6, with significant increases in transaction volume and burn rate. The overall meme coin niche rebounded, with its market capitalization rising above $40 billion amid notable gains from Dogecoin, Pepe, and Bonk Inu. SHIB Metrics Explode The popular meme coin Shiba Inu was among the best-performing cryptocurrencies on August 6 and even...
SEC Requests Court to Deny Coinbase’s ‘Broad’ Subpoena Request
SEC Requests Court to Deny Coinbase’s ‘Broad’ Subpoena Request
Aug 6, 2024
The U.S. Securities and Exchange Commission (SEC) has asked a New York court to reject Coinbase’s subpoena, which seeks to compel the agency to produce documents related to crypto assets. The SEC described them as covering “essentially all documents that in any way relate to crypto assets.” SEC Opposes Coinbases Subpoena Request The motion filed on Monday represents the latest development...
Bitcoin’s Correlation With TradFi Markets is Increasing, What Does This Mean?
Bitcoin’s Correlation With TradFi Markets is Increasing, What Does This Mean?
Aug 6, 2024
The ongoing turmoil in the Japanese and United States stock markets has triggered heightened volatility in the crypto space. This highlights the interconnectedness of global markets and Bitcoins growing correlation with traditional finance (TradFi) markets. Analysts at the crypto exchange Bitfinex explained in the latest Alpha report that Bitcoins rising correlation with TradFi markets could mean continued downward momentum for...
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