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Has space-based solar power finally become ready to shine?
Has space-based solar power finally become ready to shine?
Oct 10, 2025
Since the late 1960s, scientists have dreamed of placing solar panels in outer space. By the 1970s, it was already clear that generating solar energy from space was technically feasible. But the real race toward space-based solar power (SBSP) began only recently, driven by the worlds growing need to produce more electricity to meet the accelerating demand for energy. As...
US dollar trims losses as Trump de-escalates with China
US dollar trims losses as Trump de-escalates with China
Oct 13, 2025
The US dollar rose gradually on Monday after fears of a renewed escalation in the trade war between the United States and China eased, while political developments in France and Japan weighed on both the euro and the yen. The dollar index which measures the performance of the US currency against a basket of six major peers climbed 0.2% to...
Yen under pressure due to political developments in Japan
Yen under pressure due to political developments in Japan
Oct 13, 2025
The Japanese yen fell broadly across Asian markets on Monday at the start of the weeks trading, resuming its decline against a basket of major and minor currencies after Fridays brief rebound against the US dollar. The yen once again approached its lowest level in eight months, remaining under sustained pressure due to ongoing political developments in the worlds fourth-largest...
Sterling moves in a positive zone before UK labor data
Sterling moves in a positive zone before UK labor data
Oct 13, 2025
The British pound rose in European trading on Tuesday against a basket of global currencies, resuming its recovery from a two-month low against the US dollar, supported by a pause in the dollars rally ahead of key remarks from Federal Reserve Chair Jerome Powell. Expectations are leaning toward a 25-basis-point rate cut by the Bank of England at its November...
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Sector Update: Energy
Sector Update: Energy
Jun 25, 2024
03:11 PM EDT, 06/24/2024 (MT Newswires) -- Energy stocks were rising late Monday afternoon, with the NYSE Energy Sector Index climbing 2.4% and the Energy Select Sector SPDR Fund (XLE) gaining 2.5%. The Philadelphia Oil Service Sector index spiked 3.1%, and the Dow Jones US Utilities index added 1.3%. Front-month West Texas Intermediate crude oil rose 1.1% to $81.65 a...
US STOCKS-Nasdaq futures rise as Nvidia stabilizes after AI stocks rout
US STOCKS-Nasdaq futures rise as Nvidia stabilizes after AI stocks rout
Jun 25, 2024
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window) * Futures: Dow flat, S&P 500 up 0.18%, Nasdaq up 0.42% June 25 (Reuters) - Nasdaq futures climbed on Tuesday as Nvidia ( NVDA ) and other AI-linked stocks firmed after a bruising selloff, while investors awaited further cues on...
Stocks To Watch On Tuesday: Boeing, FedEx And More
Stocks To Watch On Tuesday: Boeing, FedEx And More
Jun 25, 2024
With U.S. stock futures trading higher this morning on Tuesday, some of the stocks that may grab investor focus today are as follows: Wall Street expects Carnival Corporation ( CCL ) to report a quarterly loss at $0.2 per share on revenue of $5.68 billion after the closing bell, according to data from Benzinga Pro. Carnival shares gained 0.4% to...
Nasdaq Records Worst Session Since April With Nvidia Plunging 7%: Dow Jones Sees Modest Gains Amid Mixed Market Close
Nasdaq Records Worst Session Since April With Nvidia Plunging 7%: Dow Jones Sees Modest Gains Amid Mixed Market Close
Jun 25, 2024
The CNN Money Fear and Greed index showed some improvement in the overall market sentiment, while the index remained in the “Fear” zone on Monday. U.S. stocks closed mixed on Monday, with the Dow Jones index surging more than 250 points during the session. However, the Nasdaq Composite recorded its worst session since April. Last week, the S&P 500 recorded...
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Market Chatter: Tesla Factory in Germany Evacuated Following Fire
Market Chatter: Tesla Factory in Germany Evacuated Following Fire
Aug 21, 2025
07:00 AM EDT, 08/21/2025 (MT Newswires) -- A fire at a Tesla (TSLA) factory that makes vehicle battery packs outside Berlin has led to an evacuation of the premises since Monday, Germany's Handelsblatt reported Thursday. The report cited extreme heat, leaking gases and a pungent smell inside the plant, where only employees of the factory's fire brigade and cleaners in...
US, EU lock in trade deal; US official sees auto tariff relief in weeks
US, EU lock in trade deal; US official sees auto tariff relief in weeks
Aug 21, 2025
By Andrea Shalal and David Lawder WASHINGTON (Reuters) -The United States and the European Union on Thursday locked in a framework trade deal reached last month that includes a 15% U.S. tariff on most EU imports, including autos, pharmaceuticals, semiconductors and lumber. In a 3-1/2-page joint statement, the two sides listed the commitments made, including the EU's pledge to eliminate...
Walmart hikes annual forecast as low price focus draws shoppers
Walmart hikes annual forecast as low price focus draws shoppers
Aug 21, 2025
(Reuters) -Walmart ( WMT ) on Thursday raised its fiscal year sales and profit forecast, driven by strong demand from shoppers across all income levels, who have turned to the world's largest retailer as they worry about rising costs. The company's results show it has continued to benefit from growing price sensitivity among Americans, with revenue of $177.4 billion in...
Telefonica renewed one Huawei 5G contract in Spain until 2030, report says
Telefonica renewed one Huawei 5G contract in Spain until 2030, report says
Aug 21, 2025
MADRID, Aug 21 (Reuters) - Telefonica renewed a contract with Chinese manufacturer Huawei to supply equipment for its 5G mobile core network for retail customers in Spain until 2030, El Pais newspaper reported on Thursday, citing unnamed industry sources. Telefonica renewed that contract in late 2024 and, in early 2025, it awarded to rival manufacturer Nokia a contract for 5G...
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Massive Rally Fuels XRP Network: Over 22,000 New Wallets Created in a Day
Massive Rally Fuels XRP Network: Over 22,000 New Wallets Created in a Day
Dec 3, 2024
XRP reclaimed its position as the third-largest cryptocurrency by market capitalization this week after a significant rally reinvigorating investor interest. The surge has not only boosted XRPs market cap but also its network growth as seen with its increasing wallet count. XRP Network Growth Soars According to Santiments latest analysis, XRP has seen an impressive increase in network growth, with...
Big Cardano Price Predictions as ADA Shoots Up 17% to 3
Big Cardano Price Predictions as ADA Shoots Up 17% to 3
Dec 3, 2024
TL:DR; Cardanos native token has emerged as one of the top performers today, surging to $1.3 to mark a multi-year peak. The community was quick to pick up the move and outline some massive predictions of up to $6. ADAUSD. Source: TradingView ADAs Bull Rally ADA stood at around $0.32 on November 5, the day of the US elections, and...
These Altcoins Take Center Stage With Massive Gains as BTC Stalls at $95K (Market Watch)
These Altcoins Take Center Stage With Massive Gains as BTC Stalls at $95K (Market Watch)
Dec 3, 2024
Bitcoin experienced some enhanced volatility yesterday when it was rejected at $97,500 and pushed south hard by three grand in hours before it settled at just over $95,000. In contrast, numerous altcoins have outperformed, charting mindblowing surges, such as ADA, AVAX, TRX, LINK, HBAR, and many others. BTC Stalls at $95K It was just a week ago when the primary...
Pump.fun Faces $22M Revenue Crash Amid Livestream Controversy
Pump.fun Faces $22M Revenue Crash Amid Livestream Controversy
Dec 2, 2024
Pump.fun, the popular Solana-based meme coin launchpad, has seen its fortunes plummet following a series of alarming incidents tied to its livestream feature. The platform seems to be grappling with the fallout from a decision to temporarily pause its livestream function after users broadcast disturbing content in a bid to pump their tokens’ values. Weekly Income Nosedives Information from decentralized...
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