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Yen climbs for second straight session
Yen climbs for second straight session
Jun 12, 2025
The Japanese yen rose in Asian trade on Thursday against a basket of major rivals, extending gains for the second straight session against the US dollar after major inflation data. US inflation missed expectations in May, reducing price pressures on Fed policymakers and bolstering the odds of a September Fed rate cut. The Bank of Japan is convening next week...
US dollar plumbs three-year nadir after Trump's new threats
US dollar plumbs three-year nadir after Trump's new threats
Jun 12, 2025
Recent trade threats by US President Trump sent the dollar to a three-year nadir on Thursday amid increasing investor concerns, with Trump saying he is sending messages to the US trade partners, specifying the new tariffs in the next few weeks as the 90-day pause approaches an end. The dollar lost 0.8% against a basket of major rivals, falling below...
Euro expands gains to two-month high amid positive outlook
Euro expands gains to two-month high amid positive outlook
Jun 12, 2025
The euro rose in European trade on Thursday against a basket of major rivals, expanding gains for the fourth straight session against the US dollar and hitting a two-month high amid a strong outlook for more gains as the odds of an ECB rate cut in July diminished. US inflation missed estimates in May, reducing pressures on the Feds policymakers...
US inflation rises less than expected in May
US inflation rises less than expected in May
Jun 11, 2025
US consumer prices rose 2.4% y/y in May, below estimates of 2.5%, but up from 2.3% in the previous reading. US core consumer prices rose 2.8%, below estimates of 2.9%, and same as the previous reading. ...
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Benchmark Electronics Q4 Non-GAAP EPS, Sales Decline; Q1 Guidance Set -- Shares Up After Hours
Benchmark Electronics Q4 Non-GAAP EPS, Sales Decline; Q1 Guidance Set -- Shares Up After Hours
Jan 29, 2025
05:18 PM EST, 01/29/2025 (MT Newswires) -- Benchmark Electronics ( BHE ) reported Q4 non-GAAP earnings late Wednesday of $0.61 per diluted share, down from $0.65 a year earlier. Four analysts polled by FactSet expected $0.56. Sales for the quarter ended Dec. 31 was $656.9 million, down from $691.4 million a year earlier. Analysts surveyed by FactSet expected $660.8 million....
Sterling treads water as markets look to Bank of England
Sterling treads water as markets look to Bank of England
Jan 30, 2025
LONDON, Jan 30 (Reuters) - The pound was little changed on Thursday as markets were focused on a raft of major central bank meetings that will culminate with the Bank of England next week. Sterling stood at $1.2441, after holding broadly steady the previous day as the U.S. Federal Reserve held interest rates as expected and said it is in...
Tesla, Meta, Microsoft, IBM, Nvidia: Why These 5 Stocks Are On Investors' Radars Today
Tesla, Meta, Microsoft, IBM, Nvidia: Why These 5 Stocks Are On Investors' Radars Today
Jan 29, 2025
The stock market ended Wednesday in the red, with the Nasdaq Composite falling over 100 points, closing at 19,632.32, down 0.5%. Meanwhile, the S&P 500 also saw a decline, dropping nearly 0.5% to finish at 6,039.31. The Dow Jones Industrial Average dropped 0.3%, to end the day at 44,713.52. The Federal Reserve voted to keep interest rates unchanged, breaking away from a pattern of three consecutive...
Tesla, Apple And 3 Stocks To Watch Heading Into Thursday
Tesla, Apple And 3 Stocks To Watch Heading Into Thursday
Jan 30, 2025
With U.S. stock futures trading higher this morning on Thursday, some of the stocks that may grab investor focus today are as follows: Wall Street expects Apple Inc. ( AAPL ) to report quarterly earnings at $2.35 per share on revenue of $124.13 billion after the closing bell, according to data from Benzinga Pro. Apple ( AAPL ) shares fell...
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Cheniere Energy, Taiwan Semiconductor And A Big Bank Stock On CNBC's 'Final Trades'
Cheniere Energy, Taiwan Semiconductor And A Big Bank Stock On CNBC's 'Final Trades'
Aug 12, 2024
On CNBC's “Halftime Report Final Trades ,” Jim Lebenthal of Cerity Partners praised Cheniere Energy, Inc. ( LNG ) for its recent earnings report. On Aug. 8, Cheniere Energy reported second-quarter 2024 revenue of $3.251 billion. That’s down 21% Y/Y, missing the consensus of $3.518 billion. EPS of $3.84 exceeded the consensus of $1.69 in the quarter. Kevin Simpson of...
Assessing Super Micro Computer's Performance Against Competitors In Technology Hardware, Storage & Peripherals Industry
Assessing Super Micro Computer's Performance Against Competitors In Technology Hardware, Storage & Peripherals Industry
Aug 12, 2024
In the ever-changing and fiercely competitive business landscape, conducting thorough company analysis is crucial for investors and industry experts. In this article, we will undertake a comprehensive industry comparison, evaluating Super Micro Computer ( SMCI ) and its primary competitors in the Technology Hardware, Storage & Peripherals industry. By closely examining key financial metrics, market position, and growth prospects, our...
Aug 12, 2024
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X hit with Austrian data use complaint over AI training
X hit with Austrian data use complaint over AI training
Aug 12, 2024
VIENNA (Reuters) - Austrian advocacy group NOYB on Monday filed a complaint against social media platform X accusing the Elon Musk-owned company of training its artificial intelligence (AI) with users' personal data without their consent in violation of EU privacy law. The group led by privacy activist Max Schrems announced that it had filed General Data Protection Regulation (GDPR) complaints...
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AerCap Signs Aircraft Lease Agreement With TAAG Angola Airlines
AerCap Signs Aircraft Lease Agreement With TAAG Angola Airlines
Dec 27, 2024
07:30 AM EST, 12/27/2024 (MT Newswires) -- AerCap Holdings ( AER ) said Friday it has struck a sale and leaseback deal to provide one new Boeing ( BA ) 787-9 aircraft to TAAG Angola Airlines. Financial terms were not disclosed. The company intends to deliver the aircraft to TAAG in February, it added. ...
Deals of the day-Mergers and acquisitions
Deals of the day-Mergers and acquisitions
Dec 27, 2024
Dec 27 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1200 GMT on Friday: ** UnitedHealth ( UNH ) and Amedisys ( AMED ) have agreed to extend the deadline to close their $3.3 billion merger agreement to next year, a regulatory filing showed on Friday. ** Japanese manufacturing giant Nidec ( NNDNF ) said on...
BRIEF-Lafayette Energy Corp Now Sees IPO Of Up To 2.5 Million - SEC Filing
BRIEF-Lafayette Energy Corp Now Sees IPO Of Up To 2.5 Million - SEC Filing
Dec 27, 2024
* LAFAYETTE ENERGY CORP NOW SEES IPO OF UP TO 2.5 MILLION - SEC FILING * LAFAYETTE ENERGY CORP.: HAVE APPLIED TO HAVE COMMON STOCK LISTED ON NYSE AMERICAN UNDER SYMBOL LEC. * LAFAYETTE ENERGY CORP SAYS THINKEQUITY IS THE UNDERWRITER TO THE IPO - SEC FILING Source text: Further company coverage: [ ] ...
Lytus Technologies Files for Up to $75 Million Mixed Shelf
Lytus Technologies Files for Up to $75 Million Mixed Shelf
Dec 27, 2024
07:35 AM EST, 12/27/2024 (MT Newswires) -- Lytus Technologies (LYT) filed a registration statement Friday covering the potential sale of up to $75 million in securities. The securities, which may be offered from time to time, consist of common shares, preferred shares, debt securities, warrants, rights and units. Shares of Lytus were down more than 2% in recent premarket activity...
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Senate Banking Committee Announces First
Senate Banking Committee Announces First
Jan 10, 2025
The U.S. Senate Banking Committee, led by Chairman Tim Scott, is reportedly planning to establish its first subcommittee dedicated to cryptocurrency. This initiative marks an important milestone in the Senate’s approach to regulating the digital assets industry. Cynthia Lummis Selected as Chair Fox Business reporter Eleanor Terret shared the development in a January 10 post on X, noting that Senator...
Shiba Inu’s TREAT Gains Backing From Major Crypto Exchange: Details Inside
Shiba Inu’s TREAT Gains Backing From Major Crypto Exchange: Details Inside
Jan 10, 2025
TL;DR TREAT, Shiba Inus reward token, goes live next week, with KuCoin promising to list it on its platform. The SHIB community is warned that scammers target victims with fake offers involving the upcoming meme coin. The First to Add TREAT The Shiba Inu-related meme coin TREAT will go live on January 14. It is designed to be the reward...
CleanSpark Surpasses 10,000 BTC Treasury Milestone with 236% YoY Growth
CleanSpark Surpasses 10,000 BTC Treasury Milestone with 236% YoY Growth
Jan 10, 2025
Nevada-based Bitcoin mining firm CleanSpark   has reached a significant milestone by surpassing 10,000 BTC in its treasury. All the Bitcoins were mined exclusively from its US-based operations. The latest figure reflects a 236% year-over-year (YoY) increase in its Bitcoin holdings. CleanSpark Hits Milestone Zach Bradford, CEO and President of the firm attributed the milestone to the company’s strategic focus...
How Will Ripple (XRP) and Dogecoin (DOGE) Prices React as Whales Keep Buying?
How Will Ripple (XRP) and Dogecoin (DOGE) Prices React as Whales Keep Buying?
Jan 11, 2025
TL:DR; Crypto markets went through a more volatile end of the week, but larger investors seem unfazed as they keep accumulating two of the biggest tokens by market cap. The question now is whether XRP and DOGE will rebound swiftly, given the massive purchases completed by the so-called whales. It was a rollercoaster of a week for the entire crypto...
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