The dollar recorded a slight gain on Friday after falling in the previous session, as a surge in US jobless claims and a modest rise in inflation kept investors focused on upcoming Federal Reserve decisions regarding interest rate cuts next week and beyond. The dollar index rose 0.1% to 97.66, after ending a two-day winning streak on Thursday, though it...

The euro fell in European trading on Monday against a basket of global currencies, heading toward its first loss in three sessions versus the US dollar, pressured by concerns over Frances financial stability following a credit downgrade for the eurozones second-largest economy. After last weeks hawkish European Central Bank meeting, the chances of further rate cuts in Europe by year-end...

The Australian dollar rose in the Asian market on Friday against a basket of global currencies, extending gains for the third consecutive day against its US counterpart, recording its highest level in ten months, and heading toward its biggest weekly gain since last April. This strong weekly gain is supported by the rise in global commodity and base metal prices,...

The world faces an escalating energy dilemma known as the energy trilemma. Its three sides are: sustainability (clean energy), accessibility (energy security), and affordability (equity). Achieving a balance among these three objectives is extremely difficult even under the best circumstances, but it becomes far more complex on the global level given the huge diversity in energy systems, constraints, and contexts...

(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Futures up: Dow 0.04%, S&P 0.11%, Nasdaq 0.18% March 22 (Reuters) - U.S. stock index futures inched higher on Friday, setting Wall Street on course for strong weekly gains as investors cheered the Federal Reserve sticking to its rate-easing...

08:24 AM EDT, 03/22/2024 (MT Newswires) -- US stock futures were flat in Friday's premarket session after equity indexes closed at record highs on Thursday, as investors awaited Federal Reserve Chairman Jerome Powell's speech, scheduled for 9:00 am ET. Powell will deliver the opening remarks at a Fed Listens event in Washington on the topic of transitioning to a post-pandemic...

The Nasdaq 100 closed higher by around 80 points on Thursday. Investors, meanwhile, focused on some notable insider trades. When insiders sell shares, it could be a preplanned sale, or could indicate their concern in the company's prospects or that they view the stock as being overpriced. Insider sales should not be taken as the only indicator for making an...

(Reuters) - U.S. stock index futures inched higher on Friday, setting Wall Street on course for strong weekly gains as investors cheered the Federal Reserve sticking to its rate-easing stance and awaited commentary from Chair Powell later in the day. All three main U.S. indexes hit fresh record closing highs in the previous session as chip stocks rallied after Micron...

Thanks to another strong showing for its second-quarter earnings report, semiconductor giant Broadcom Inc. ( AVGO ) has been one of the strongest performers among major publicly traded tech firms. On a year-to-date basis, AVGO stock has gained nearly 19%. Since the close of April 4, however, the security has nearly doubled in value. Still, with so much good news...

International Business Machines Corp ( IBM ) revealed a new line of AI-focused chips and servers aimed at delivering seamless deployment for businesses. What To Know: IBM’s new Power11 servers have been redesigned with enhancements across its processor, hardware architecture and virtualization software stack. The company said its updated servers and chips will meet demand for availability, resiliency performance and scalability....

The (Gold) declined in its last intraday trading, building hopes for its rise amid the dominance of the bearish correctional trend on the short-term basis and its trading alongside a bias line, with the emergence of the negative signals on the (RSI), after reaching overbought levels, to surpass the support of its EMA50, intensifying the negative pressure on it. ...

Deep-pocketed investors have adopted a bearish approach towards ServiceNow ( NOW ) , 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 NOW usually suggests something big is about to happen. We gleaned this information from...

Twitter has faced pressure from governments around the world to crack down on jihadists and others calling for violent attacks.

In a prepared testimony Mark Zuckerberg admitted that the social network didn't do enough to prevent its tools from being used for harm

Facebook would begin requiring people who want to run ads on the social network addressing political issues to verify their identity and location

Aleksandr Kogan, who teaches at Cambridge University, told a British parliamentary committee that criticism of his work by Facebook showed the US social media giant was in "PR crisis mode".

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,...

BERLIN, April 30 (Reuters) - Mercedes-Benz on Wednesday reported lower profitability in its cars business in the first quarter and warned that tariffs could impact its full-year earnings, as trade tensions forced the luxury carmaker to scrap its outlook. The German luxury carmaker reported a profit margin for its car segment of 7.3%, slipping from 9% in the first quarter...

STUTTGART, Germany, April 30 (Reuters) - Volkswagen expects its operative profit, net cash flow and net liquidity to land at the bottom end of annual forecasts, it said on Wednesday, citing growing trade barriers, rising competition and emissions regulations. Battery-electric car sales, which more than doubled in Europe in the first quarter, had also weighed on its margin, the company...

BERLIN, April 30 (Reuters) - German logistics company DHL on Wednesday posted higher sales and earnings in the first quarter, a period dominated by tensions over U.S. import tariffs that could both help and hinder the group's bottom line. Group revenues increased by 2.8% year on year to 20.8 billion euros ($23.66 billion) and earnings before interest and taxes (EBIT)...

This week, Bitwise registered a trust entity called XRP ETF in Delaware. The following day, the asset manager filed an S-1 form with the US Securities and Exchange Commission, a necessary step for companies aiming to launch a new security and list it on a public stock exchange. As a result, the optimism surrounding a potential XRP ETF has triggered...

Uptober has failed to prove the bulls right, at least for now, as bitcoin has dropped hard and even slipped to $60,000 yesterday. The altcoins are also in a freefall state, with numerous price drops of 5-6% from the likes of ETH, SOL, LINK, AVAX, and others. Will Bitcoin Lose $60K? It was just several days ago, on Sunday when...

An Ethereum ICO participant has sold another 19,000 ETH over the past two days. This freshly offloaded stash is worth around $47.54 million at the current price. This entity had previously received 150,000 ETH during the genesis at an ICO cost of just $46.5K. Dormant Ethereum ICO Participant Resurfaces As flagged by on-chain transaction analytics platform Lookonchain, this sale follows...

TL;DR: Nothing has changed for XRPs fundamentals, despite the SECs appeal in the lawsuit between the two, claim analysts. Some went further, predicting a decisive win for the Brad Garlinghouse-led company. Still Bullish on XRP The legal tussle between Ripple and the US Securities and Exchange Commission is close to marking a four-year anniversary in December. The company is believed...