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Sector Update: Consumer
Sector Update: Consumer
May 28, 2024
01:34 PM EDT, 05/28/2024 (MT Newswires) -- Consumer stocks fell Tuesday afternoon with the Consumer Staples Select Sector SPDR Fund (XLP) down 1% and the Consumer Discretionary Select Sector SPDR Fund (XLY) shedding 0.4%. In corporate news, T-Mobile (TMUS) agreed to buy most of US Cellular's (USM) wireless operations for $4.4 billion in cash and assumed debt. T-Mobile shares rose...
Sector Update: Health Care
Sector Update: Health Care
May 28, 2024
01:39 PM EDT, 05/28/2024 (MT Newswires) -- Health care stocks were retreating Tuesday afternoon, with the NYSE Health Care Index falling 1.1% and the Health Care Select Sector SPDR Fund (XLV) down 1.4%. The iShares Biotechnology ETF (IBB) dropped 1.6%. In corporate news, Johnson & Johnson ( JNJ ) agreed to buy Numab Therapeutics' subsidiary Yellow Jersey Therapeutics and global...
Top Midday Gainers
Top Midday Gainers
May 28, 2024
01:39 PM EDT, 05/28/2024 (MT Newswires) -- Insmed ( INSM ) was surging past 108% amid heavy trading after the company said Tuesday its experimental drug, brensocatib, to treat bronchiectasis lung disease met its primary endpoint. More than 24.6 million shares traded intraday versus a daily average of roughly 1.77 million. Pineapple Energy ( PEGY ) said late on Friday...
Sector Update: Energy Stocks Gain in Tuesday Afternoon Trading
Sector Update: Energy Stocks Gain in Tuesday Afternoon Trading
May 28, 2024
01:44 PM EDT, 05/28/2024 (MT Newswires) -- Energy stocks were higher Tuesday afternoon, with the NYSE Energy Sector Index rising 1% and the Energy Select Sector SPDR Fund (XLE) up 0.8%. The Philadelphia Oil Service Sector index was posting a 1.8% increase, while the Dow Jones US Utilities index was lower by 0.4%. Front-month West Texas Intermediate crude oil was...
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GBPUSD is deepening its losses-Analysis-22-09-2025
GBPUSD is deepening its losses-Analysis-22-09-2025
Sep 21, 2025
The (GBPUSD) price continued its decline in its last intraday trading, amid the dominance of bearish correctional wave on the short-term basis, affected by the negative pressure of its trading below EMA50, surpassing the support of main bullish trend line on the short-term basis, intensifying the negative pressure when confirming breaking it. On the other hand, we notice the emergence...
Bitcoin (BTCUSD) is breaking bullish correctional trend line-Analysis-22-09-2025
Bitcoin (BTCUSD) is breaking bullish correctional trend line-Analysis-22-09-2025
Sep 21, 2025
The (BTCUSD) slipped lower in its last intraday trading, affected by the negative pressure due to its stability below EMA50, which obstacles the recovery attempts in the last sessions, to confirm the dominance of the sellers on a near-term basis. Bitcoin price succeeded in breaking bearish correctional trend lines on the short-term basis, intensifying the surrounding negative pressures, especially with...
The USDJPY is breaching its current resistance -Analysis-22-09-2025
The USDJPY is breaching its current resistance -Analysis-22-09-2025
Sep 21, 2025
The (USDJPY) rose in its last intraday trading, breaching its current resistance at 148.00, supported y its continued trading above EMA50, and under the dominance of strong bullish wave on the short-term basis, besides the emergence of the positive signals on the relative strength indicators, after offloading the overbought conditions in its previous moves, opening the way for achieving more...
Crude oil price is attempting to offload its oversold condition- Analysis-22-09-2025
Crude oil price is attempting to offload its oversold condition- Analysis-22-09-2025
Sep 21, 2025
The (crude oil) price rose in the last intraday trading, attempting to surpass some of its previous losses, and offloading its clear oversold conditions on the relative strength indicators, especially with the emergence of the positive signals from there, providing limited space for the attempts to rise. The pressure remains valid with the continuation of the main bearish trend dominance...
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Curaleaf Q2 revenue down 8%
Curaleaf Q2 revenue down 8%
Aug 6, 2025
Overview * Curaleaf Q2 2025 revenue falls 8% yr/yr * Adjusted gross margin improves 120 basis points to 49% yr/yr * International revenue grows 62% yr/yr, driven by robust demand Outlook * Company anticipates Turkey market launch in 2026 * Company aims to capitalize on emerging cannabis opportunities Result Drivers * DOMESTIC STABILIZATION - Curaleaf ( CURLF ) reports stabilization...
Amdocs Fiscal Q3 Earnings Rise, Revenue Falls; Sets Q4 Outlook
Amdocs Fiscal Q3 Earnings Rise, Revenue Falls; Sets Q4 Outlook
Aug 6, 2025
04:27 PM EDT, 08/06/2025 (MT Newswires) -- Amdocs ( DOX ) reported fiscal Q3 non-GAAP earnings late Wednesday of $1.72 per diluted share, up from $1.62 a year earlier. Analysts polled by FactSet expected $1.71. Revenue for the quarter ended June 30 was $1.14 billion, down from $1.25 billion a year earlier. Four analysts surveyed by FactSet expected $1.13 billion....
Primerica Q2 adjusted EPS beats estimates
Primerica Q2 adjusted EPS beats estimates
Aug 6, 2025
Overview * Primerica ( PRI ) Q2 adjusted rev rises 7%, beating analyst expectations, per LSEG data * Adjusted EPS for Q2 beats estimates, per LSEG data * ISP sales up 15%, client asset values reach record $120 bln Outlook * Company remains confident in sales force amid economic uncertainty Result Drivers * ISP GROWTH - Investment and Savings Products...
Symbotic Fiscal Q3 Loss Is Unchanged, Revenue Rises; Shares Drop After Hours
Symbotic Fiscal Q3 Loss Is Unchanged, Revenue Rises; Shares Drop After Hours
Aug 6, 2025
04:27 PM EDT, 08/06/2025 (MT Newswires) -- Symbotic ( SYM ) reported a fiscal Q3 loss late Wednesday of $0.05 per diluted share, unchanged from a year earlier. Analysts polled by FactSet expected a loss of $0.01. Revenue in the three months ended June 28 rose to $592.1 million from $470.3 million a year earlier. Analysts surveyed by FactSet expected...
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Euro Update: Weaker US Activity Data Helps the Euro Reclaim Lost Ground
Euro Update: Weaker US Activity Data Helps the Euro Reclaim Lost Ground
Apr 4, 2024
Euro (EUR/USD, EUR/CHF) News and Analysis Lower eurozone inflation points to June ECB rate cutEUR/USD lifts after dovish Fed speak and subdued US activity dataEUR/CHF rises to significant level of resistanceFor further euro insight throughout the second quarter, read our comprehensive euro Q2 forecast: Recommended by Richard Snow Get Your Free EUR Forecast Lower Eurozone Inflation Points to June ECB...
Upcoming Ripple (XRP) Events, Shiba Inu (SHIB) Achievements, Bitcoin Price Decline: Bits Recap April 4
Upcoming Ripple (XRP) Events, Shiba Inu (SHIB) Achievements, Bitcoin Price Decline: Bits Recap April 4
Apr 4, 2024
TL;DR BTC tumbled by 6% weekly, impacted by a broader market correction but buoyed by long-term bullish indicators like the halving event. SHIBs price drops, but the ecosystem thrives with milestones like Shibariums growth and high trading volumes on exchanges. Ripple anticipates a key trial with the SEC, potentially influencing its price and the wider crypto markets dynamics. BTC Struggles...
Asian Bitcoin Investors Face Volatility Due to Automated ETF Trading Bots: Report
Asian Bitcoin Investors Face Volatility Due to Automated ETF Trading Bots: Report
Apr 3, 2024
In Asia, investors face turbulent times as automated trading bots react to data streaming from spot Bitcoin exchange-traded funds (ETFs). A report from Bloomberg indicates that these automated trading bots are potentially causing significant market volatility. Bitcoin Volatility in Asian Trading Market Shiliang Tang, president of Arbelos Markets, acknowledged the role played by these automated bots, stating, From an algorithmic...
Bitcoin Is an Insurance Policy Against Rogue Regimes: Cathie Wood
Bitcoin Is an Insurance Policy Against Rogue Regimes: Cathie Wood
Apr 3, 2024
Cathie Wood, founder and CEO of leading investment management firm Ark Invest, thinks Bitcoin (BTC) is an insurance policy against rogue regimes as more users flock to it amid the devaluation of their national currencies. During an interview with CNBC, Wood tagged Bitcoin as a hedge against devaluation and loss of purchasing power and wealth, insisting that the mass adoption...
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