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US dollar extends losses to five-week trough on US debt concerns
US dollar extends losses to five-week trough on US debt concerns
May 26, 2025
The US dollar fell in European trade on Monday against a basket of major rivals, hitting a five-week trough amid concerns about the US debt levels. Now investors await important remarks by several Fed officials as they look for more clues on the odds of multiple Fed rate cuts this year. The Index The dollar index fell 0.4% to 98.69,...
US dollar tries to recover from five-week trough
US dollar tries to recover from five-week trough
May 27, 2025
The US dollar rose in European trade on Tuesday for the first time in three sessions against a basket of major rivals, as it tries to recover from five-week lows on short-covering. Now traders await important US data later today to assess the odds of future Fed rate cuts. The Index The dollar index rose 0.5% to 99.44, with a...
Yen rushes to four-week high on strong demand
Yen rushes to four-week high on strong demand
May 27, 2025
The Japanese yen rose in Asian trade on Tuesday against a basket of major rivals, resuming gains against the dollar after a short hiatus and hitting a four-week high on strong haven demand amid concerns about US debt levels. Gains are also bolstered by the increasing odds of a Japanese interest rate hike in June in response to mounting inflationary...
How does the Fed react to Trump's trade war?
How does the Fed react to Trump's trade war?
May 27, 2025
The Federal Reserve warned against increasing economic risks when it decided to hold interest rates unchanged in May. Fed Chair Jerome Powell focused on uncertainty for the worlds largest economy following Trumps aggressive tariff decisions during his post-Fed meeting speech this month. Now markets expect two interest rate cuts overall this year, with some even thinking that this is overly...
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Futures tick up after Wall Street hits record highs
Futures tick up after Wall Street hits record highs
Mar 22, 2024
(Reuters) - U.S. stock index futures inched higher on Friday, setting Wall Street on course for strong weekly gains as investors cheered the Federal Reserve sticking to its rate-easing stance and awaited commentary from Chair Powell later in the day. All three main U.S. indexes hit fresh record closing highs in the previous session as chip stocks rallied after Micron...
Dell, TJX And 2 Other Stocks Insiders Are Selling
Dell, TJX And 2 Other Stocks Insiders Are Selling
Mar 22, 2024
The Nasdaq 100 closed higher by around 80 points on Thursday. Investors, meanwhile, focused on some notable insider trades. When insiders sell shares, it could be a preplanned sale, or could indicate their concern in the company's prospects or that they view the stock as being overpriced. Insider sales should not be taken as the only indicator for making an...
US STOCKS-Futures edge higher after Wall Street scales record peak
US STOCKS-Futures edge higher after Wall Street scales record peak
Mar 22, 2024
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Tesla slips on report co trims car production in China * FedEx ( FDX ) jumps on Q3 profit beat * Nike ( NKE ) falls after revenue forecast disappoints * Futures up: Dow 0.10%, S&P 0.11%, Nasdaq 0.07%...
US Stock Futures Flat Ahead of Powell Speech After Reaching Record Highs on Thursday
US Stock Futures Flat Ahead of Powell Speech After Reaching Record Highs on Thursday
Mar 22, 2024
08:24 AM EDT, 03/22/2024 (MT Newswires) -- US stock futures were flat in Friday's premarket session after equity indexes closed at record highs on Thursday, as investors awaited Federal Reserve Chairman Jerome Powell's speech, scheduled for 9:00 am ET. Powell will deliver the opening remarks at a Fed Listens event in Washington on the topic of transitioning to a post-pandemic...
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Microsoft shares slide as cloud forecast, AI spending disappoint
Microsoft shares slide as cloud forecast, AI spending disappoint
Jan 29, 2025
(Reuters) - Microsoft on Wednesday forecast disappointing growth in its cloud computing business, sending its shares down more than 5% as investors worry about big spending, elusive artificial intelligence revenue and growing competition from cheaper AI models from China. Azure results for the fiscal second quarter also fell below Wall Street expectations. Despite beating quarterly overall sales estimates, investors want...
Microsoft shares slide as cloud forecast, AI spending disappoint
Microsoft shares slide as cloud forecast, AI spending disappoint
Jan 29, 2025
(Corrects paragraph 16 to reflect that Microsoft has multiple new contracts with OpenAI, not a contract) By Stephen Nellis and Deborah Mary Sophia (Reuters) -Microsoft on Wednesday forecast disappointing growth in its cloud computing business, sending its shares down more than 5% as investors worry about big spending, elusive artificial intelligence revenue and growing competition from cheaper AI models from...
Vodafone makes world's first satellite video call using standard smartphone
Vodafone makes world's first satellite video call using standard smartphone
Jan 29, 2025
LONDON (Reuters) - Vodafone ( VOD ) said it had made the world's first video call via satellite using a standard smartphone from a remote location, and it plans to roll out the technology for its users across Europe later this year and in 2026. The European mobile operator's CEO Margherita Della Valle received the call on Monday from company...
Trump commerce nominee says Canada, Mexico can avoid tariffs, vows stronger China tech curbs
Trump commerce nominee says Canada, Mexico can avoid tariffs, vows stronger China tech curbs
Jan 29, 2025
* Lutnick: Saturday tariff deadline aims to curb fentanyl flows * Commerce nominee says China, DeepSeek leveraged US technology * Lutnick says he advised Trump to pursue across-the-board tariffs * Nominee won't commit to honoring prior chips grant approvals (Adds Canada foreign minister comments in paragraphs 5 and 6) By David Shepardson and David Lawder WASHINGTON, Jan 29 (Reuters) -...
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Brahmapuram waste plant fire: Kerala Assembly witnesses uproarious scenes, LoP says CM running away from issue
Brahmapuram waste plant fire: Kerala Assembly witnesses uproarious scenes, LoP says CM running away from issue
Mar 13, 2023
A fire that broke out at the waste treatment plant in Kochi on March 2, 2023, continues to spread toxic fumes even after 11 days of the incident. The Kerala government has said that 95 percent of the fire has been extinguished, but the smoke from the landfill has not entirely subsided. 
What is the debate over Biodiversity Bill, likely to be tabled in monsoon session of Parliament
What is the debate over Biodiversity Bill, likely to be tabled in monsoon session of Parliament
Jul 12, 2023
The new bill exempts registered AYUSH practitioners and people accessing codified traditional knowledge, from sharing benefits with local communities or giving prior intimation to state biodiversity boards before accessing biological resources.
ED attaches over Rs 10-crore assets in resort scam involving ex-Maha minister Anil Parab
ED attaches over Rs 10-crore assets in resort scam involving ex-Maha minister Anil Parab
Jan 4, 2023
The probe pertains to Dapoli resort, which is allegedly illegal. The former minister and Shiv Sena (Uddhav) leader, Anil Parab, allegedly wangled a permit to use land meant for agricultural use. The ED had started the investigation under the the Prevention of Money Laundering Act (PMLA) after a complaint from the Environment Ministry.
Rajasthan: Gehlot government begins Rs 2,500 cr dam project for Sabarmati, Sei rivers ahead of polls
Rajasthan: Gehlot government begins Rs 2,500 cr dam project for Sabarmati, Sei rivers ahead of polls
Mar 1, 2023
On Tuesday, the Gehlot government invited bids for both projects to build the dams within the next four years. The chief minister had announced both projects in last year’s budget.
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Tesla's Reported Deal With Baidu to Allow Self-Driving Mode in China
Tesla's Reported Deal With Baidu to Allow Self-Driving Mode in China
Apr 29, 2024
05:45 AM EDT, 04/29/2024 (MT Newswires) -- Tesla (TSLA) reached an agreement with search engine Baidu ( BIDU ) to allow it to deploy its automated driving system in China, news outlets reported, citing unnamed sources. Financial terms were not revealed. The deal clears a regulatory hurdle that will allow Tesla to roll out its driver assistance system, called Full...
Deals of the day-Mergers and acquisitions
Deals of the day-Mergers and acquisitions
Apr 29, 2024
April 29 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Monday: ** Morphosys said its takeover by Novartis was still expected to be closed in the first half of this year, in a statement responding to a possible safety risk reported by specialist news website STAT News that knocked the company's share price....
Market Chatter: Tesla Plans Layoffs of 693 Employees at Nevada Facilities
Market Chatter: Tesla Plans Layoffs of 693 Employees at Nevada Facilities
Apr 29, 2024
05:45 AM EDT, 04/29/2024 (MT Newswires) -- Tesla (TSLA) is preparing to lay off 693 employees at facilities in Sparks, Nevada, Reuters reported Friday, citing a government filing. The notice was submitted last week to the Nevada Department of Employment, Training, and Rehabilitation in compliance with US labor law, according to Reuters. The move is reportedly part of the company's...
Apple's iPadOS designated as gatekeeper under EU tech rules, EU says
Apple's iPadOS designated as gatekeeper under EU tech rules, EU says
Apr 29, 2024
BRUSSELS (Reuters) - EU antitrust regulators on Monday designated Apple's ( AAPL ) operating system for iPads as a gatekeeper under the bloc's landmark tech rules subject to strict obligations aimed at ensuring a level playing field for rivals and more choices for users. The European Commission said its investigation found that iPadOS constitutes an important gateway for business users...
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Time to Buy SHIB? Popular Analyst Bets on a 300% Shiba Inu Price Rally
Time to Buy SHIB? Popular Analyst Bets on a 300% Shiba Inu Price Rally
May 2, 2024
TL;DR Shiba Inu experienced a 5% price increase daily, with optimistic forecasts from analysts like Ali Martinez, who predicts a significant upcoming rally due to positive chart patterns. The potential for an uptick is supported by a significant resurgence in SHIBs burning program and ongoing enhancements to Shibarium. Betting on a SHIB Bull Run The cryptocurrency market flashed green today...
Crypto Twitter Skeptical As MicroStrategy Proposes Bitcoin
Crypto Twitter Skeptical As MicroStrategy Proposes Bitcoin
May 2, 2024
MicroStrategy has proposed a new Bitcoin-based strategy for combatting online spam – though Bitcoiners are skeptical as to whether it’s a good idea. During the annual MicroStrategy World conference on Wednesday, the company’s executive chairman Michael Saylor unveiled “MicroStrategy Orange” – an open-source decentralized identity solution built on Bitcoin. What is MicroStrategy Orange? MicroStrategy described their technology as an “enterprise-grade...
US Dollar on Tenterhooks Ahead of US Jobs Data; Setups on GBP/USD, EUR/USD
US Dollar on Tenterhooks Ahead of US Jobs Data; Setups on GBP/USD, EUR/USD
May 2, 2024
Most Read: US Dollar Outlook Post Fed Decision: EUR/USD GBP/USD - Technical Analysis The U.S. dollar (DXY) experienced a slight decline on Thursday, continuing its pullback following the Federal Reserve's monetary policy decision in the previous session. To recap, the central bank kept borrowing costs unchanged within their current target range of 5.25%-5.50%, in line with expectations, while maintaining an...
Aave Labs Unveils Major Upgrades and Expansions with Aave V4 Proposal
Aave Labs Unveils Major Upgrades and Expansions with Aave V4 Proposal
May 2, 2024
Aave Labs, the team behind the DeFi lending platform Aave, has proposed a slew of major upgrades and expansions two years after introducing its V3. The suggested improvements include Aave V4, Aave Network, a Cross-Chain Liquidity Layer, non-EVM L1 deployments, and a fresh visual identity. Aave V4 According to the latest blog post, Aave V4 will be built with a...
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