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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...

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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...

A crypto cult hoping to flip the entire U.S. stock market just moved closer to its bizarre goal, although with trillions of dollars more to go. SPX6900 (SPX) crossed a $1.1 billion capitalization earlier Friday to set a new record above $1.25, breaking a November high of 90 cents, amid renewed interest in memecoin cults on Crypto Twitter. That came...

08:39 AM EST, 01/03/2025 (MT Newswires) -- Financial stocks were higher pre-bell Friday, with The Financial Select Sector SPDR Fund (XLF) up 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 0.9%. Amerant Bancorp ( AMTB ) shares were up 1.9% after the company...

08:46 AM EST, 01/03/2025 (MT Newswires) -- Energy stocks were advancing premarket Friday with the Energy Select Sector SPDR Fund (XLE) 0.4% higher recently. The United States Oil Fund (USO) was 0.5% higher and the United States Natural Gas Fund (UNG) was down 5.3%. Front-month US West Texas Intermediate crude oil was up 0.2% at $73.24 per barrel at the...

08:43 AM EST, 01/03/2025 (MT Newswires) -- Technology stocks were mixed premarket Friday as the Technology Select Sector SPDR Fund (XLK) was up 0.5% and the SPDR S&P Semiconductor ETF (XSD) was 0.8% lower recently. Docebo ( DCBO ) said late Thursday its outlook remains unchanged while announcing the departure of Sukaran Mehta as its chief financial officer. Brandon Farber,...

The content we create, store or share in the digital world, our email accounts, cloud storage and social accounts have become more personal and sensitive as our digital life expands.

In a major jolt to Facebook, several top-notch companies like Visa, Mastercard and EBay have pulled out of the Libra cryptocurrency project ahead of their first meeting in Geneva on October 14.

Facebook's Libra cryptocurrency faces a pivotal meeting of backers on Monday, days after the would-be digital coin project suffered a severe blow as major payment firms quit.

As India speeds up its mission to transform into a truly digital economy with technologies like 5G, the country faces one of the highest rates of cyber security threats in the Asia Pacific region -- receiving over 500,000 security alerts daily -- which is nearly three times the global average, a new report said on Monday.

The Election Commission on Wednesday flagged reported violations of election laws relating to campaign in the 'silence period' of 48 hours before polling begins to Twitter and Facebook.

Twitter on Thursday said it recorded over the past two months more than 48 lakh tweets in relation to the Assembly elections in five states -- Chhattisgarh, Mizoram, Madhya Pradesh, Rajasthan and Telangana.

There is a huge political controversy going on with the Congress calling it a mega scam.

Government's plans to bring changes in IT rules for greater scrutiny of social media and online platforms has raised concerns with IT and law experts who say the amendments may allow authorities to seek user data, invading privacy and free speech.

Microchip Technology Incorporated ( MCHP ) is expected to release earnings results for its fourth quarter, after the closing bell on May 6. Analysts expect the Chandler, Arizona-based company to report quarterly earnings at 57 cents per share, down from $1.64 per share in the year-ago quarter. Microchip Technology ( MCHP ) is projected to report quarterly revenue of $1.33...

08:01 AM EDT, 05/06/2024 (MT Newswires) -- Tyson Foods ( TSN ) reported fiscal Q2 adjusted earnings Monday of $0.62 per share, swinging from a loss of $0.04 a year earlier. Analysts polled by Capital IQ expected $0.40. Sales for the quarter ended March 30 were $13.07 billion, down from $13.13 billion a year earlier. Analysts surveyed by Capital IQ...

Shell plc ( SHEL ) is reportedly in talks with Saudi Arabia’s state-owned oil & gas giant, Saudi Aramco, to sell its gas station business in Malaysia. The deal for the second-largest gas station network in the country could be worth up to $1 billion, reported Reuters. Notably, Shell wholly owns around 950 fuel stations across the Southeast Asian country, with only Malaysia’s state-owned Petronas operating a bigger network. As...

07:59 AM EDT, 05/06/2024 (MT Newswires) -- Jones Lang LaSalle ( JLL ) reported Q1 adjusted earnings Monday of $1.78 per diluted share, up from $0.71 a year earlier. Analysts polled by Capital IQ expected $0.86. Revenue for the quarter ended March 31 was $5.12 billion, up from $4.72 billion a year earlier. Analysts polled by Capital IQ expected $4.82...

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...

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...

TL;DR Numerous analysts foresee ETH gearing up for a significant move, setting price targets above $3,000. Spot ETH ETFs have attracted steady inflows, indicating strong investor sentiment. At the same time, increasing exchange netflows hint at possible short-term selling pressure. Whats Next? The price of Ethereum has risen over 40% in the past month, currently trading just north of $2,550....

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...