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Aussie rallies to five-month high after Labor's election win
Aussie rallies to five-month high after Labor's election win
May 25, 2025
The Australian dollar rallied in Asian trade on Monday to a five-month high against the US dollar, expanding gains for the second straight session and on track towards 65 cents. It comes after a historic win by the governing Labor Party, which bolsters the governments position towards growing global trade risks from Trumps tariffs. The Price The AUD/USD price rose...
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...
Aussie moves in a positive zone after inflation data
Aussie moves in a positive zone after inflation data
May 25, 2025
The Australian dollar rose in Asian trade on Wednesday against the US dollar after a short hiatus yesterday, with the pair heading towards four-month high and about to mark the second monthly profit in a row. Earlier Sydney data showed inflationary pressures remained persistent on monetary policymakers, casting doubts on the odds of an Australian interest rate cut in May....
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Porsche shares seen 6.2% lower after delayed EV launch hits guidance
Porsche shares seen 6.2% lower after delayed EV launch hits guidance
Sep 22, 2025
(Reuters) -Shares in Porsche were seen 6.2% lower in early Frankfurt trade on Monday, after the German luxury sports carmaker dialled back the rollout of electric models due to weak demand and slashed its 2025 profitability outlook. Its parent Volkswagen and holding company Porsche SE, Volkswagen's biggest shareholder, fell by 4.0% and 2.7% respectively in early Frankfurt trade. On Friday,...
SNAP Stock Surges Nearly 12% In A Week On Record Volume, Boosted By New OS Launch, Continued TikTok Uncertainty
SNAP Stock Surges Nearly 12% In A Week On Record Volume, Boosted By New OS Launch, Continued TikTok Uncertainty
Sep 22, 2025
Shares of Snap Inc. ( SNAP ) rallied nearly 12% over the last five trading days, closing the week with significant momentum driven by a major product announcement and persistent geopolitical uncertainty surrounding its chief competitor, TikTok. The surge was accompanied by the highest trading volumes in the company’s history, signaling a dramatic increase in investor interest. Check out SNAP’s...
Elixirr Announces Largest Acquisition to Date to Accelerate Growth in the US and Deepen Strategic Capabilities
Elixirr Announces Largest Acquisition to Date to Accelerate Growth in the US and Deepen Strategic Capabilities
Sep 22, 2025
Acquisition of TRC Advisory set to accelerate growth and scale for Elixirr ( ELXXF ) in the world’s largest consultancy market LONDON--(BUSINESS WIRE)-- Elixirr International plc ( ELXXF ) (“Elixirr ( ELXXF )”), the established, global award-winning challenger consultancy, today announces the acquisition of TRC Advisory, a fast-growing US-based consultancy specialising in growth strategy, commercial effectiveness and value acceleration...
Ericsson, Nokia win $2.7 billion UK deal from VodafoneThree
Ericsson, Nokia win $2.7 billion UK deal from VodafoneThree
Sep 22, 2025
STOCKHOLM, Sept 22 (Reuters) - VodafoneThree has awarded a 2-billion-pounds ($2.7 billion) deal to Swedish telecom gear maker Ericsson and Finland's Nokia to supply 5G communications equipment into the next decade, the companies said on Monday. Ericsson, the primary vendor, said in a statement its contract is worth 12.5 billion Swedish crowns ($1.3 billion). In a separate release, Nokia did...
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Ethereum Staking Protocol Lido Finance Surpasses 1 Million Validators
Ethereum Staking Protocol Lido Finance Surpasses 1 Million Validators
Apr 29, 2024
Lido Finance the leading liquid staking protocol on Ethereum has reached a significant milestone in its development by tapping one million Ethereum validators. This essentially represents a massive scale of participation in Ethereum 2.0 staking. Such a large number of validators is expected to improve the security and resilience of the network, making it stronger against potential attacks. Additionally, it...
Solo Bitcoin Miner Secures Entire 3.125 BTC Block Reward
Solo Bitcoin Miner Secures Entire 3.125 BTC Block Reward
Apr 29, 2024
A Bitcoin miner defied the odds by independently solving a network block 841,286, which allowed them to acquire a full 3.125 BTC reward. The fourth Bitcoin halving took place on April 20 at block 840,000, reducing the block reward from 6.25 BTC to 3.125 BTC, which is currently valued at around $200,000. Bitcoin Miner Solves 282nd Solo Block On April...
Top Solana Projects: The 10 Best Ones to Watch in 2024
Top Solana Projects: The 10 Best Ones to Watch in 2024
Apr 29, 2024
Solana has one of the largest decentralized finance (DeFi) ecosystems in the crypto industry. The project recovered from the downfall of the FTX exchange in 2021 and made a massive resurgence in 2024, bringing notable developments and becoming one of the most popular networks in the industry. Hosting multi-billion dollars worth of total value locked, Solana is home to hundreds,...
Tether Becomes Major Stakeholder in BlackRock Neurotech With $200M Investment
Tether Becomes Major Stakeholder in BlackRock Neurotech With $200M Investment
Apr 29, 2024
Stablecoin issuing company Tether has invested $200 million into Brain-Computer-Interface (BCI) technology platform Blackrock Neurotech, becoming a majority stakeholder in the firm. According to a press statement sent to CryptoPotato, the investment in Blackrock Neurotech was spearheaded by Tether Evo, one of Tethers new divisions that focuses on creating a future where human capabilities and technology merge in unprecedented ways....
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