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Fed's minutes show expectations of one or two rate cuts by the end of 2025
Fed's minutes show expectations of one or two rate cuts by the end of 2025
May 28, 2025
The Federal Reserve released the minutes of its May meeting, which showed the bank expects one or two 0.25% interest rate cuts by the end of the year. The Federal Open Market Committee sees Trumps April tariffs as highly detrimental to the global risk sentiment. However, such an impact was largely reversed in the opinion of the FOMC following measures...
Euro skids to two-week trough after US court's rule on Trump's tariffs
Euro skids to two-week trough after US court's rule on Trump's tariffs
May 29, 2025
The euro fell in European trade on Thursday against a basket of major rivals, expanding losses for the third straight session against the dollar and plumbing a two-week trough after a US court order suspending Trumps tariffs. Hot inflation data and bullish remarks from ECB officials led to divisions among policymakers on the rate decision in June, with investors awaiting...
Yen extends losses after US court order suspending Trump's tariffs
Yen extends losses after US court order suspending Trump's tariffs
May 29, 2025
The Japanese yen tumbled in Asian trade on Thursday against a basket of major rivals, expanding losses for the fourth straight session against the dollar and plumbing a two-week trough as markets celebrate a US trade courts rule to suspend Trumps tariffs on most countries. Safe havens were pressured further by Nvidias forecast-beating earnings results for the first quarter of...
US dollar falls after growth and labor data
US dollar falls after growth and labor data
May 29, 2025
The US dollar fell against most major rivals on Thursday after important data, while markets assess a US court ruling to suspend Trumps tariffs. The US International Trade Court in Manhattan ruled today that Trump overstepped his authority by imposing an economic emergency and tariffs on other countries, and ordered the administration to stop collecting tariffs. Nvidias stock also rallied...
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Japan's Nikkei ends at record high on Wall Street gains, weaker yen
Japan's Nikkei ends at record high on Wall Street gains, weaker yen
Mar 22, 2024
(Updates to closing prices) TOKYO, March 22 (Reuters) - Japan's Nikkei share average closed at an all-time high on Friday, underpinned by record gains on Wall Street overnight and strength in automakers' stocks on a weaker yen. The Nikkei rose 0.18% to end at 40,888.43, after hitting 41,087.75 earlier in the session to break an all-time intraday high. The index,...
Japan's Nikkei hits record high on Wall Street gains, weaker yen
Japan's Nikkei hits record high on Wall Street gains, weaker yen
Mar 21, 2024
TOKYO, March 22 (Reuters) - Japan's Nikkei share average hit a record high on Friday, underpinned by the strength on Wall Street overnight and as a weaker yen prompted investors to buy automakers. The Nikkei rose to as high as 41,087.75 earlier in the session, crossing the 41,000 level for the first time. The index ended 0.07% higher at 40,844.53...
Sector Update: Financial
Sector Update: Financial
Mar 21, 2024
03:19 PM EDT, 03/21/2024 (MT Newswires) -- Financial stocks advanced late Thursday afternoon, with the NYSE Financial Index and the Financial Select Sector SPDR Fund (XLF) each rising 0.9%. The Philadelphia Housing Index climbed 1.8%, and the Real Estate Select Sector SPDR Fund (XLRE) was adding 0.4% Bitcoin (BTC-USD) dropped 4% to $65,176, and the yield for 10-year US Treasuries...
FedEx, Nike And 3 Stocks To Watch Heading Into Friday
FedEx, Nike And 3 Stocks To Watch Heading Into Friday
Mar 22, 2024
With U.S. stock futures trading higher this morning on Friday, some of the stocks that may grab investor focus today are as follows: FedEx Corporation ( FDX ) reported better-than-expected earnings for its third quarter and authorized a new $5 billion share repurchase program. FedEx ( FDX ) shares jumped 12.9% to $299.07 in the after-hours trading session. Worthington Steel,...
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Insights Into Salesforce's Performance Versus Peers In Software Sector
Insights Into Salesforce's Performance Versus Peers In Software Sector
Sep 6, 2024
In the fast-paced and highly competitive business world of today, conducting thorough company analysis is essential for investors and industry observers. In this article, we will conduct an extensive industry comparison, evaluating Salesforce ( CRM ) in relation to its major competitors in the Software industry. Through a detailed examination of key financial metrics, market standing, and growth prospects, our...
Where Mitek Systems Stands With Analysts
Where Mitek Systems Stands With Analysts
Sep 6, 2024
4 analysts have expressed a variety of opinions on Mitek Systems ( MITK ) over the past quarter, 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...
Unpacking the Latest Options Trading Trends in Lam Research
Unpacking the Latest Options Trading Trends in Lam Research
Sep 6, 2024
Investors with a lot of money to spend have taken a bullish stance on Lam Research ( LRCX ) . And retail traders should know. We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga. Whether these are institutions or just wealthy individuals, we don't know. But when something this...
What the Options Market Tells Us About Dell Technologies
What the Options Market Tells Us About Dell Technologies
Sep 6, 2024
Deep-pocketed investors have adopted a bullish approach towards Dell Technologies ( DELL ) , 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 DELL usually suggests something big is about to happen. We gleaned this information...
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US targets three Mexican financial institutions under fentanyl sanctions
US targets three Mexican financial institutions under fentanyl sanctions
Jun 25, 2025
(Reuters) -The U.S. Treasury on Wednesday prohibited certain transactions with Mexico-based financial institutions CIBanco, Intercam Banco and Vector Casa de Bolsa as part of its new fentanyl sanctions. The actions by the Treasury-run Financial Crimes Enforcement Network (FinCEN) to declare the three institutions as primary money laundering concerns mark the first actions under the Fentanyl Sanctions Act and the FEND...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
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,...
Jefferson Capital, existing shareholders raise $150 million in US IPO
Jefferson Capital, existing shareholders raise $150 million in US IPO
Jun 25, 2025
June 25 (Reuters) - Private equity-backed Jefferson Capital and its existing investors raised $150 million in its Nasdaq initial public offering after pricing its shares at the lower end of its projected range, the firm said in a statement on Wednesday. ...
'Bloody terrified': Flying anxiety peaks in India after fatal Air India crash
'Bloody terrified': Flying anxiety peaks in India after fatal Air India crash
Jun 25, 2025
* Surge in enquiries to India's only centre for treating fear of flying * Crash visuals, non-stop TV coverage spiking anxiety, experts say * Travel agents say ticket bookings have dropped since crash * Some anxious fliers filtering out Boeing ( BA ) options By Hritam Mukherjee and Dhwani Pandya BENGALURU, June 25 (Reuters) - Retired Air Force officer Dinesh...
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