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...

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...

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 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. ...

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....

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...

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...

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...

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...

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...

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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...

The Karnataka Assembly election results threw up an unexpected suspense on Tuesday, as a simple majority tantalisingly eluded BJP and...

The Madhya Pradesh Assembly election exit poll results will be streamed live on all News18 network channels, including CNBCTV18, after 6.30PM on Thursday, November 30.

The cases were lodged against Union Minister of State Rajeev Chandrasekhar over his controversial social media posts following the blasts at a convention centre in Kochi during a prayer meeting of Christian religious group Jehovah's Witnesses.

As part of the Yatra, more than 2,500 mobile performing vans and over 200 mobile theatre vans will be pressed into service to cover the 2.55 lakh gram panchayats and clusters in all cities and towns of the country.

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. ...

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...

* 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: [ ] ...

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...

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...

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...

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...

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...