Number of traders net-short has decreased by 37.81% from last week. SYMBOLTRADING BIASNET-LONG%NET-SHORT%CHANGE IN LONGSCHANGE IN SHORTSCHANGE IN OI Oil - US Crude BEARISH 90.57% 9.43% 10.31% Daily37.15% Weekly -18.99% Daily-37.81% Weekly 6.67% Daily23.15% Weekly Oil - US Crude Bearish Data provided by of clients are net long. of clients are net short. Change in Longs Shorts OI Daily 10%...

Aussie Inflation Data Remains Mixed as Electricity Rebate Artificially Lowers CPI Australian inflation rose at an annual pace of 3.5% in July, down from 3.8% in June according to the Australian Bureau of Statistics. The data point was slightly above the 3.4% estimate and while it looks encouraging at face value, much of the drop was due to rebates for...

Japanese Yen (USD/JPY) Analysis BoJ encouraged to stick to the plan as inflation continues above targetJapanese CPI remains at 2.8% - the same as last month and beats estimate of 2.7%USD/JPY gains prove short-lived ahead of Powell’s address at Jackson Hole BoJ Encouraged to Stick to the Plan as Inflation Continues above Target The Japanese currency strengthened, with the Yen...

EUR/USD Underpinned by Better-Than-Expected Euro Area PMIs, Weak US Dollar Euro Area composite PMI beats expectations but caution neededGerman manufacturing woes continueCan Powell support an ailing US dollar?Economic activity in the Euro Area picked up in August, according to the latest HCOB PMIs, but a closer look at the numbers ‘reveals that the underlying fundamentals might be shakier than they...

01:50 PM EDT, 06/24/2025 (MT Newswires) -- Consumer stocks were mixed Tuesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) fractionally lower and the Consumer Discretionary Select Sector SPDR Fund (XLY) adding 0.8%. Redbook US same-store sales rose by 4.5% from a year earlier in the week ended June 21, slower than a 5.2% year-over-year increase in the...

01:54 PM EDT, 06/24/2025 (MT Newswires) -- Tech stocks were higher Tuesday afternoon, with the Technology Select Sector SPDR Fund (XLK) rising 1.8% and the SPDR S&P Semiconductor ETF (XSD) climbing 3.9%. The Philadelphia Semiconductor index advanced 3.5%. In corporate news, Ambarella ( AMBA ) shares jumped past 18% after Bloomberg reported that the company is reviewing alternatives, which may...

02:00 PM EDT, 06/24/2025 (MT Newswires) -- (Updates prices.) Gold prices tumbled early on Tuesday with safe-haven demand easing as the United States and Iran backed away from hostilities while Tehran reached a shaky ceasefire agreement with Israel. Gold for August delivery was last seen down US$60.00 to US$3,335.00 per ounce. The drop comes as Middle East violence calms after...

01:48 PM EDT, 06/24/2025 (MT Newswires) -- Energy stocks were lower Tuesday afternoon, with the NYSE Energy Sector Index shedding 1.2% and the Energy Select Sector SPDR Fund (XLE) falling 1.1%. The Philadelphia Oil Service Sector index was down 0.3%, while the Dow Jones US Utilities index rose 0.5%. Front-month West Texas Intermediate crude oil dropped 5.7% to $64.64 a...

In today's rapidly changing and fiercely competitive business landscape, it is vital for investors and industry enthusiasts to carefully evaluate companies. In this article, we will perform a comprehensive industry comparison, evaluating Apple ( AAPL ) against its key competitors in the Technology Hardware, Storage & Peripherals industry. By analyzing important financial metrics, market position, and growth prospects, we aim...

10:30 AM EDT, 05/01/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows: OpenText reported Q3 FY 25 revenue of $1.25B, slightly missing consensus of $1.254B, while non-GAAP EPS of $0.82 beat estimates by $0.06. Cloud revenue grew 1.9% Y/Y to $463M, while...

Ratings for FormFactor ( FORM ) were provided by 4 analysts in the past three months, showcasing a mix of bullish and bearish perspectives. 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 0...

Broadcom Inc ( AVGO ) saw its stock rise 3.3% to $198.83 Thursday following blockbuster earnings reports from both Meta Platforms and Microsoft Corp, which highlighted surging capital expenditures and expanding cloud infrastructure—key areas where Broadcom ( AVGO ) is deeply entrenched. What To Know: Meta's first-quarter results revealed a significant increase in capital spending, now forecast to reach as...

'I think you are going to see that Chinese companies like Alibaba, Tencent are going to think twice, three, four, five times before they keep investing into Indian markets,' said Shaun Rein, managing director of China Market Research Group.

Britain’s government on Tuesday backtracked on plans to give Chinese telecommunications company Huawei a limited role in the UK’s new high-speed mobile phone network in a decision with broad implications for relations between London and Beijing.

TikTok's wide popularity among American teens have brought scrutiny from US regulators and lawmakers, who fear their personal information could fall into the hands of government officials in Beijing.

President Donald Trump on Friday gave the Chinese company ByteDance 90 days to divest itself of any assets used to support the popular TikTok app in the United States.

02:27 PM EDT, 05/28/2025 (MT Newswires) -- Chevron ( CVX ) has terminated the service, procurement and oil production contracts it had to operate in Venezuela, but it plans to keep its direct staff in the country, Reuters reported Wednesday, citing four sources close to the decisions. Chevron ( CVX ) did not immediately reply to a request for comment...

SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...

02:27 PM EDT, 05/28/2025 (MT Newswires) -- KKR (KKR) and Nippon Sangyo Suishin Kiko submitted separate proposals to acquire Japanese chemical manufacturer Taiyo Holdings, Bloomberg reported Tuesday, citing people familiar with the matter. The objective of both proposals is to delist the company through a premium-priced tender offer, the report said. Taiyo's market value is 300 billion yen ($2 billion),...

02:38 PM EDT, 05/28/2025 (MT Newswires) -- Talon Metals ( TLOFF ) on Wednesday said it has secured a site to develop its Beulah Minerals Processing Facility (BMPF). The site, near Beulah, North Dakota, is owned by Westmoreland Mining LLC. The former coal mining site is set to be developed to process critical minerals for domestic defense and energy requirements,...

The crypto market is experiencing one of its longest, most bitter winters in recent history. It has caused a massive...

Binance will pay $4.3 billion in one of the largest corporate agreements in US history. Changpeng Zhao will pay a $50 million fine under a deal that requires him to step down as CEO. Zhao pleaded guilty Tuesday to violating the Bank Secrecy Act in federal court in Seattle.

A spot crypto ETF would track the market price of the underlying crypto asset, giving investors exposure to the token without having to buy the currency. The SEC has previously denied all spot bitcoin ETF applications citing potential for fraud, but that could soon change after it lost a legal battle in August.

Bankman-Fried was found guilty of seven counts of fraud and conspiracy after jurors in Manhattan deliberated for less than five hours Thursday.