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Euro rebounds ahead of major eurozone data
Euro rebounds ahead of major eurozone data
Oct 27, 2024
The euro rose in European trade on Thursday against a basket of major rivals after a wave of losses across three sessions, with the euro eventually settling above 3-⅕ month lows against the US dollar. It comes ahead of major data on the eurozone sectors later today, which would shed important light on the health of the European economy in...
Aussie skids to 2-1/5 month low as inflation cools
Aussie skids to 2-1/5 month low as inflation cools
Oct 30, 2024
The Australian dollar tumbled in Asian trade on Wednesday to 2-⅕ month lows against the US dollar, sharpening the decline for the fourth straight session after inflation in Australia cooled to three-year lows, reducing the pressure on the Reserve Bank of Australia. The new data boosted the odds of an interest rate cut by the RBA in December, as investors...
Euro hits one-week high ahead of German inflation data
Euro hits one-week high ahead of German inflation data
Oct 30, 2024
Euro rose in European trade on Wednesday on track for the third profit in a row against the US dollar, hitting a week high after data showed Spanish inflation rose past estimates in October, renewing the pressure on the European Central Bank. The odds of a 0.25% ECB interest rate cut in December dipped, with investors now waiting for official...
Yen skids to three-month trough as Japanese governing coalition loses majority
Yen skids to three-month trough as Japanese governing coalition loses majority
Oct 28, 2024
The Japanese yen skidded in Asian trade on Monday to three-month lows against the US dollar, after the election loss by the current Japanese parliamentary governing coalition, which could impede future interest rate hikes by the Bank of Japan. The yen is also pressured by a surge in US 10-year treasury yields, amid speculation about a cautious stance by the...
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Equities Mixed Intraday Amid Fed Officials' Comments; Tesla Falls
Equities Mixed Intraday Amid Fed Officials' Comments; Tesla Falls
Jun 25, 2025
02:40 PM EDT, 06/25/2025 (MT Newswires) -- US benchmark equity indexes were mixed intraday as markets parsed latest remarks by Federal Reserve officials, including by Chair Jerome Powell. The Dow Jones Industrial Average was down 0.4% at 42,903.2 after midday Wednesday, while the S&P 500 dropped 0.1% to 6,087.5. The Nasdaq Composite rose 0.2% to 19,946. Barring technology and communication...
US STOCKS-Wall Street indexes mixed amid cooling Middle East tensions; Powell in focus
US STOCKS-Wall Street indexes mixed amid cooling Middle East tensions; Powell in focus
Jun 25, 2025
* Indexes: Dow down 0.39%, S&P 500 off 0.06%, Nasdaq up 0.15% * Tesla drops as European sales slump continues * FedEx ( FDX ), General Mills ( GIS ) shares slide after disappointing profit forecasts * Micron results due after the bell (Updates to afternoon) By Stephen Culp June 25 (Reuters) - Wall Street was mixed on Wednesday as...
Equity Markets Mixed After Fed Chair Signals Increase in Inflation
Equity Markets Mixed After Fed Chair Signals Increase in Inflation
Jun 25, 2025
03:31 PM EDT, 06/25/2025 (MT Newswires) -- US benchmark equity indexes are on track to close mixed on Wednesday, after Federal Reserve Chair Jerome Powell signalled some increase in inflation in the coming months. The S&P 500 increased 0.1% to 6,095.66, while the Nasdaq Composite was up 0.3% to 19,970.16. The Dow Jones Industrial Average fell 0.2% to 42,987.45. Among...
Sector Update: Energy
Sector Update: Energy
Jun 25, 2025
03:33 PM EDT, 06/25/2025 (MT Newswires) -- Energy stocks were softer late Wednesday afternoon, with the NYSE Energy Sector Index down 0.2% and the Energy Select Sector SPDR Fund (XLE) easing 0.1%. The Philadelphia Oil Service Sector index was falling 1.1%, and the Dow Jones US Utilities index dropped 1.2%. US crude oil stocks, including those in the Strategic Petroleum...
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Deep Dive Into Confluent Stock: Analyst Perspectives (17 Ratings)
Deep Dive Into Confluent Stock: Analyst Perspectives (17 Ratings)
Mar 22, 2024
In the preceding three months, 17 analysts have released ratings for Confluent , presenting a wide array of perspectives from bullish to bearish. The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 7 5 5...
Analysis-Apple antitrust suit mirrors strategy that beat Microsoft, but tech industry has changed
Analysis-Apple antitrust suit mirrors strategy that beat Microsoft, but tech industry has changed
Mar 22, 2024
(Reuters) - The U.S. government's antitrust lawsuit against Apple ( AAPL ) draws on the watershed 1998 case that broke Microsoft's ( MSFT ) stranglehold on desktop software, but that may prove to be an imperfect blueprint for addressing smartphone competition. The market for the iPhone today looks very different from the near-monopoly enjoyed by Microsoft's ( MSFT ) Windows...
The Analyst Landscape: 7 Takes On Clear Secure
The Analyst Landscape: 7 Takes On Clear Secure
Mar 22, 2024
Analysts' ratings for Clear Secure ( YOU ) over the last quarter vary from bullish to bearish, as provided by 7 analysts. The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective. Bullish Somewhat Bullish Indifferent...
Apple antitrust suit mirrors strategy that beat Microsoft, but tech industry has changed
Apple antitrust suit mirrors strategy that beat Microsoft, but tech industry has changed
Mar 22, 2024
(Reuters) - The U.S. government's antitrust lawsuit against Apple ( AAPL ) draws on the watershed 1998 case that broke Microsoft's ( MSFT ) stranglehold on desktop software, but that may prove to be an imperfect blueprint for addressing smartphone competition. The market for the iPhone today looks very different from the near-monopoly enjoyed by Microsoft's ( MSFT ) Windows...
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