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EUR/USD and GBP/USD Rallies Fuelled by Ongoing US Dollar Weakness
EUR/USD and GBP/USD Rallies Fuelled by Ongoing US Dollar Weakness
Aug 21, 2024
EUR/USD and GBP/USD Rallies Fuelled by Ongoing US Dollar Weakness EUR/USD and GBP/USD Latest The US dollar is sliding lower as US rate cuts nearEUR/USD and GBP/USD post multi-month highs Recommended by Nick Cawley Get Your Free USD Forecast The minutes of the last FOMC meeting are released later in today’s session and will show a more detailed picture of...
Strong Yen Weighed on Japan’s Trade Balance in July, Fed Speakers up Next
Strong Yen Weighed on Japan’s Trade Balance in July, Fed Speakers up Next
Aug 21, 2024
Japanese Yen (USD/JPY) Analysis Japan’s July trade balance likely impacted by a significantly stronger yenEconomists and market participants expect another rate hike this yearUSD/JPY bearish continuation may receive a helping hand from the Fed Recommended by Richard Snow Get Your Free JPY Forecast Japan’s July Trade Balance Likely Impacted by a Significantly Stronger Yen Japan’s trade balance in July was...
EUR/USD, GBP/USD, and Gold – Latest Sentiment Analysis
EUR/USD, GBP/USD, and Gold – Latest Sentiment Analysis
Aug 23, 2024
EUR/USD, GBP/USD, and Gold Sentiment Analysis Retail trader data shows 25.76% of EUR/USD traders are net-long with the ratio of traders short to long at 2.88 to 1.The number of traders net-long is 12.88% higher than yesterday and 17.56% lower from last week, while the number of traders net-short is 0.68% higher than yesterday and 19.41% higher from last week....
Gold, Silver Price Action Setups Ahead of FOMC Minutes, Jackson Hole
Gold, Silver Price Action Setups Ahead of FOMC Minutes, Jackson Hole
Aug 20, 2024
Gold, Silver Technical Analysis Gold surges to new all-time high on rate cut hopes, geopolitical uncertaintySilver maintains bullish advance to break above key trendlineThe analysis in this article makes use of chart patterns and key support and resistance levels. For more information visit our comprehensive education library Recommended by Richard Snow Get Your Free Gold Forecast Gold Surges to New...
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Exchange-Traded Funds, Equity Futures Higher Pre-Bell Thursday as Tech Stocks Rally on NVIDIA Earnings
Exchange-Traded Funds, Equity Futures Higher Pre-Bell Thursday as Tech Stocks Rally on NVIDIA Earnings
May 23, 2024
08:32 AM EDT, 05/23/2024 (MT Newswires) -- The broad market exchange-traded fund SPDR S&P 500 ETF Trust ( SPY ) was up 0.7% and the actively traded Invesco QQQ Trust (QQQ) was 1.1% higher in Thursday's premarket activity, as technology stocks rallied after NVIDIA's ( NVDA ) forecast-beating Q1 results. US stock futures were also higher, with S&P 500 Index...
Sector Update: Tech
Sector Update: Tech
May 23, 2024
08:55 AM EDT, 05/23/2024 (MT Newswires) -- Technology stocks were advancing premarket Thursday with the Technology Select Sector SPDR Fund (XLK) up 1.4% and the SPDR S&P Semiconductor ETF (XSD) 5.1% higher recently. Nvidia ( NVDA ) was up 7% after the company reported higher fiscal Q1 earnings and sales which also topped market expectations. ...
US STOCKS-Nasdaq, S&P 500 futures pop as Nvidia results light up chip stocks
US STOCKS-Nasdaq, S&P 500 futures pop as Nvidia results light up chip stocks
May 23, 2024
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Nvidia ( NVDA ) shares cross $1,000 mark premarket after results * DuPont ( DD ) gains on plans of three-way split * Live Nation tumbles on report of DOJ action * Futures up: Dow 0.09%, S&P 0.59%, Nasdaq...
Nvidia Earnings Fuel Investor Optimism, Driving Premarket Gains for US Equity Futures
Nvidia Earnings Fuel Investor Optimism, Driving Premarket Gains for US Equity Futures
May 23, 2024
08:50 AM EDT, 05/23/2024 (MT Newswires) -- US equity futures were set for an upbeat open on Wall Street Thursday, buoyed by a jump in Nvidia ( NVDA ) shares following the company's latest quarterly results. Dow Jones Industrial Average futures gained 0.2%, S&P 500 futures rose 0.7%, and Nasdaq futures were up 1.2%. Oil prices were higher, with front-month...
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SK Hynix expects full chip recovery after Q1 earnings surprise on AI boom
SK Hynix expects full chip recovery after Q1 earnings surprise on AI boom
Apr 24, 2024
SEOUL, April 25 (Reuters) - South Korea's SK Hynix Inc said it expected a full recovery in memory chips on AI demand, after posting its highest profit in nearly two years on massive sales of its advanced DRAM chips such as high bandwidth memory (HBM) used in generative AI chipsets. The world's second-biggest memory chipmaker and Nvidia ( NVDA )...
XPeng CEO says software, AI upgrades to enter 'super fast cycle'
XPeng CEO says software, AI upgrades to enter 'super fast cycle'
Apr 24, 2024
BEIJING, April 25 (Reuters) - XPeng ( XPEV ) said on Thursday that the Chinese electric vehicle maker's software and artificial intelligence training upgrades will enter a super fast cycle from May, and that it hoped use of its platform would expand beyond China to Europe and other Asian countries. He Xiaopeng, founder and CEO of the Volkswagen-backed automaker, made...
XPeng CEO says its software, AI upgrades to enter 'super fast cycle'
XPeng CEO says its software, AI upgrades to enter 'super fast cycle'
Apr 24, 2024
BEIJING (Reuters) - Chinese electric vehicle (EV) maker XPeng ( XPEV ) on Thursday said its software and artificial intelligence training upgrades will enter a super fast cycle from May, and that it hopes use of its platform will expand to other Asian countries and Europe. He Xiaopeng, founder and CEO of the automaker backed by Germany's Volkswagen, said software...
Slow, but solid US economic growth anticipated in Q1; inflation likely heats up
Slow, but solid US economic growth anticipated in Q1; inflation likely heats up
Apr 24, 2024
* First-quarter GDP forecast to increase at a 2.4% rate * Consumer spending likely to account for much of GDP growth * Core PCE inflation seen rising at a faster 3.4% pace By Lucia Mutikani WASHINGTON, April 25 (Reuters) - U.S. economic growth likely slowed to a still-solid pace in the first quarter while inflation accelerated, reinforcing financial market expectations...
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Mineralys Therapeutics Launches $250 Million Public Offering of Shares
Mineralys Therapeutics Launches $250 Million Public Offering of Shares
Mar 10, 2025
05:53 PM EDT, 03/10/2025 (MT Newswires) -- Mineralys Therapeutics ( MLYS ) said Monday it started a $250 million underwritten public offering of shares. Underwriters in the offering will have a 30-day option to buy up to an additional $37.5 million shares, according to the company. Proceeds from the offering will be used for clinical development of lorundrostat as well...
Nasdaq's Adena Friedman says IPO pipeline remains healthy
Nasdaq's Adena Friedman says IPO pipeline remains healthy
Mar 10, 2025
NEW YORK, March 10 (Reuters) - There is a healthy pipeline of U.S. initial public offerings, but investors are looking for more certainty in markets, Adena Friedman, chief executive officer at exchange operator Nasdaq, said on Monday at the FIA Boca conference in Florida. Friedman said markets are currently in a period of uncertainty as they try to navigate the...
AT&T sees first-quarter profit in line with estimates on 5G, fiber expansion
AT&T sees first-quarter profit in line with estimates on 5G, fiber expansion
Mar 10, 2025
(Reuters) - AT&T ( T ) forecast first-quarter adjusted profit in line with analysts' estimates on Monday, signaling steady demand for its discounted premium plans combining 5G mobile with high-speed fiber data. The U.S. telecom giant has been investing in its high-speed fiber internet offerings to help drive faster subscriber and revenue growth, at a time when the pool of...
BRIEF-SAGTEC GLOBAL Limited Announces Closing Of Initial Public Offering
BRIEF-SAGTEC GLOBAL Limited Announces Closing Of Initial Public Offering
Mar 10, 2025
March 10 (Reuters) - SAGTEC GLOBAL Ltd ( SAGT ): * SAGTEC GLOBAL LIMITED ANNOUNCES CLOSING OF INITIAL PUBLIC OFFERING Source text: Further company coverage: ...
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