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Aussie drops after wages data
Aussie drops after wages data
May 25, 2025
The Australian dollar fell against most major rivals on Wednesday following labor data. Australian wages rose 0.9% in the first quarter of the year, above estimates of 0.8%. On trading, the AUD/USD pair rose 0.7% as of 20:56 GMT to 0.6428. Loonie The Canadian dollar fell 0.3% against the greenback as of 20:56 GMT to $0.7155. The US Dollar The...
Aussie hits one-week high after strong wages data
Aussie hits one-week high after strong wages data
May 25, 2025
The Australian dollar rose in Asian trade on Wednesday against a basket of major rivals, expanding gains for the second straight session against the US dollar and hitting a week high, while approaching five-week highs following strong Australian wages data. The data renewed inflationary pressures on the Reserve Bank of Australias policymakers, which hurt the odds of a rate cut...
Aussie falls and shrugs off strong employment data
Aussie falls and shrugs off strong employment data
May 25, 2025
The Australian dollar fell against most major rivals on Thursday despite strong labor data. Australia's unemployment rate was unchanged in April at 4.1%, same as March, and matching expectations. The Australian economy added 89.0 thousand new jobs in April, easily beating estimates of a 20.9 thousand addition, while March's reading was revised to show the addition of 32.2 thousand jobs...
Aussie is worst performing currency after RBA rate cut
Aussie is worst performing currency after RBA rate cut
May 25, 2025
The Australian dollar tumbled on Tuesday against a basket of major rivals, resuming losses against the US counterpart after a short hiatus and becoming the worst performing G8 currency after the RBAs rate cut. The Reserve Bank of Australia voted to cut interest rates by 25 basis points to 3.85%, the lowest since May 2023, as inflation cooled. The Price...
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Expert Outlook: Workday Through The Eyes Of 22 Analysts
Expert Outlook: Workday Through The Eyes Of 22 Analysts
Nov 15, 2024
Analysts' ratings for Workday over the last quarter vary from bullish to bearish, as provided by 22 analysts. 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 Bearish Total Ratings 6 10 6 0 0 Last 30D...
US regulators plan to investigate Microsoft's cloud business, FT reports
US regulators plan to investigate Microsoft's cloud business, FT reports
Nov 15, 2024
(Reuters) -The U.S. Federal Trade Commission is preparing to launch an investigation into anti-competitive practices at Microsoft's ( MSFT ) cloud computing business, the Financial Times reported on Thursday, citing people with direct knowledge of the matter. The regulators are examining allegations that the software giant is potentially abusing its market power in productivity software by imposing punitive licensing terms...
Smart Money Is Betting Big In INTC Options
Smart Money Is Betting Big In INTC Options
Nov 15, 2024
Financial giants have made a conspicuous bullish move on Intel ( INTC ). Our analysis of options history for Intel ( INTC ) revealed 31 unusual trades. Delving into the details, we found 54% of traders were bullish, while 38% showed bearish tendencies. Out of all the trades we spotted, 6 were puts, with a value of $257,224, and 25...
Check Out What Whales Are Doing With GME
Check Out What Whales Are Doing With GME
Nov 15, 2024
High-rolling investors have positioned themselves bullish on GameStop ( GME ) , and it's important for retail traders to take note. This activity came to our attention today through Benzinga's tracking of publicly available options data. The identities of these investors are uncertain, but such a significant move in GME often signals that someone has privileged information. Today, Benzinga's options...
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'Big Short' Fame Investor Expects Elon Musk's Tesla Shares To Plunge 70%: 'People Are Going To Start To Lose Patience'
'Big Short' Fame Investor Expects Elon Musk's Tesla Shares To Plunge 70%: 'People Are Going To Start To Lose Patience'
May 13, 2024
Elon Musk‘s Tesla Inc. ( TSLA ) is likely to experience a significant decline in its stock value, according to a prominent investor. The investor’s prediction is based on the company’s recent developments and its future prospects. What Happened: Danny Moses, a well-known investor and a long-time critic of Tesla, has forecasted a substantial drop in the company’s stock price,...
Sony posts 7% fall in annual profit, narrowly misses PS5 target
Sony posts 7% fall in annual profit, narrowly misses PS5 target
May 13, 2024
TOKYO, May 14 (Reuters) - Japan's Sony Group ( SONY ) reported a 7% fall in annual operating profit on Tuesday, hit by the performance of its financial business. Profit for the year ended March was 1.2 trillion yen ($7.67 billion), in line with an average estimate from 23 analysts polled by LSEG. Sony ( SONY ) said it sold...
BRIEF-UK's CMA Has Until 16 July 2024 To Decide Whether To Accept Undertakings In Pennon/ SES Deal
BRIEF-UK's CMA Has Until 16 July 2024 To Decide Whether To Accept Undertakings In Pennon/ SES Deal
May 13, 2024
May 14 (Reuters) - Pennon Group PLC ( PEGRF ): * UK'S CMA - THERE ARE REASONABLE GROUNDS FOR BELIEVING UNDERTAKINGS OFFERED BY PENNON, OR A MODIFIED VERSION , MIGHT BE ACCEPTED BY CMA * UK'S CMA SAYS CMA NOW HAS UNTIL 16 JULY 2024 TO DECIDE WHETHER TO ACCEPT UNDERTAKINGS, WITH POSSIBILITY TO EXTEND THIS TIMEFRAME TO 11 SEPTEMBER...
Cryptoverse: Retail traders sit out bitcoin rally
Cryptoverse: Retail traders sit out bitcoin rally
May 13, 2024
(Our regular analysis of cryptocurrencies) By Medha Singh May 14 (Reuters) - What's happened to the army of retail traders who used to drive bitcoin's biggest rallies? U.S. crypto exchange Coinbase reported just $56 billion in consumer trading volumes in the first quarter of 2024, when bitcoin leapt to record heights close to $74,000. While that represents a fledgling recovery...
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