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Euro rises cautiously before ECB decisions
Euro rises cautiously before ECB decisions
Sep 11, 2025
The euro rose at the opening of the European market on Thursday against a basket of global currencies, resuming gains after two days of losses against the US dollar, moving toward a seven-week high. However, the rise remains limited amid ongoing geopolitical tensions in Eastern Europe. Ahead of the European Central Banks monetary policy decisions later today, interest rates are...
Aussie on track for biggest weekly profit since April 2025
Aussie on track for biggest weekly profit since April 2025
Sep 12, 2025
The Australian dollar rose in the Asian market on Friday against a basket of global currencies, extending gains for the third consecutive day against its US counterpart, recording its highest level in ten months, and heading toward its biggest weekly gain since last April. This strong weekly gain is supported by the rise in global commodity and base metal prices,...
Why is innovation essential for the future of energy?
Why is innovation essential for the future of energy?
Sep 11, 2025
The world faces an escalating energy dilemma known as the energy trilemma. Its three sides are: sustainability (clean energy), accessibility (energy security), and affordability (equity). Achieving a balance among these three objectives is extremely difficult even under the best circumstances, but it becomes far more complex on the global level given the huge diversity in energy systems, constraints, and contexts...
Aussie hovers near 10-month high on commodity demand
Aussie hovers near 10-month high on commodity demand
Sep 11, 2025
The Australian dollar rose in the Asian market on Thursday against a basket of global currencies, maintaining gains for the second consecutive day against its US counterpart, trading near the ten-month high recorded in earlier dealings yesterday. This rise came on the back of higher commodity and base metal prices in global markets. The Australian dollars gains were also supported...
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Sector Update: Energy
Sector Update: Energy
May 23, 2024
09:05 AM EDT, 05/23/2024 (MT Newswires) -- Energy stocks were advancing premarket Thursday with the Energy Select Sector SPDR Fund (XLE) up 0.3% recently. The United States Oil Fund (USO) was 1.5% higher and the United States Natural Gas Fund (UNG) was up 2.5%. Front-month US West Texas Intermediate crude oil was up 0.9% at $78.29 per barrel at the...
Sector Update: Health Care Stocks Flat to Lower Premarket Thursday
Sector Update: Health Care Stocks Flat to Lower Premarket Thursday
May 23, 2024
09:12 AM EDT, 05/23/2024 (MT Newswires) -- Health care stocks were flat to lower premarket Thursday, with the iShares Biotechnology ETF ( IBB ) inactive and the Health Care Select Sector SPDR Fund ( XLV ) down 0.1% recently. Tango Therapeutics ( TNGX ) fell more than 9% after saying it will discontinue developing its TNG348 program due to liver...
Sector Update: Tech Stocks Mixed Premarket Thursday
Sector Update: Tech Stocks Mixed Premarket Thursday
May 23, 2024
09:11 AM EDT, 05/23/2024 (MT Newswires) -- Technology stocks were mixed premarket Thursday with the Technology Select Sector SPDR Fund ( XLK ) up 1.3% and the SPDR S&P Semiconductor ETF ( XSD ) 5.1% lower recently. Nvidia ( NVDA ) was up over 6% after the company reported higher fiscal Q1 earnings and sales which also topped market expectations....
TREASURIES-US yields trim losses after better-than-expected jobless claims
TREASURIES-US yields trim losses after better-than-expected jobless claims
May 23, 2024
NEW YORK, May 23 (Reuters) - U.S. Treasury yields pulled back from their lows on Thursday after data showed initial jobless claims fell in the latest week, suggesting persistent strength in the labor market that reinforces expectations the Federal Reserve will take its time cutting interest rates this year. Initial claims for state unemployment benefits dropped 8,000 to a seasonally-adjusted...
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Comcast and Charter Communications will leverage T-Mobile 5G for wireless business customers
Comcast and Charter Communications will leverage T-Mobile 5G for wireless business customers
Jul 22, 2025
July 22 (Reuters) - Comcast ( CMCSA ) and Charter Communications ( CHTR ) said on Tuesday they would form a mobile virtual network operator that will leverage T-Mobile's 5G network for wireless business customers. ...
P/E Ratio Insights for Gen Digital
P/E Ratio Insights for Gen Digital
Jul 22, 2025
In the current session, the stock is trading at $30.52, after a 0.76% increase. Over the past month, Gen Digital Inc. ( GEN ) stock increased by 3.92%, and in the past year, by 21.11%. With performance like this, long-term shareholders are optimistic but others are more likely to look into the price-to-earnings ratio to see if the stock might...
T-Mobile's 5G to power Comcast, Charter wireless business plans
T-Mobile's 5G to power Comcast, Charter wireless business plans
Jul 22, 2025
July 22 (Reuters) - Comcast ( CMCSA ) and Charter Communications ( CHTR ) said on Tuesday they would establish a mobile virtual network operator (MVNO) that will use T-Mobile's 5G network to serve wireless business customers, with plans to launch next year. Financial terms of the agreement were not disclosed. As competition in broadband and pay TV intensifies, Comcast...
Mexican telecoms giant America Movil swings to profit in Q2
Mexican telecoms giant America Movil swings to profit in Q2
Jul 22, 2025
MEXICO CITY (Reuters) -Mexican telecommunications giant America Movil on Tuesday reported a swing to a net profit in the second quarter compared to the same period in 2024, reaching 22.28 billion pesos ($1.19 billion). Revenues of the company, controlled by the family of Mexican billionaire Carlos Slim, came in at 233.79 billion pesos for the period, up 14% year on...
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CME Group profit rises on trading strength
CME Group profit rises on trading strength
Oct 23, 2024
Oct 23 (Reuters) - CME Group ( CME ) reported a rise in third-quarter profit on Wednesday, as uncertainty around the U.S. monetary policy path led investors to rejig their portfolio, bolstering trading volumes for the derivatives exchange. Net income attributable to common shareholders of CME Group ( CME ) rose to $901.3 million, or $2.50 per share, in the...
Beyond Fires Chief Product Officer as Layoffs Take Effect
Beyond Fires Chief Product Officer as Layoffs Take Effect
Oct 23, 2024
07:03 AM EDT, 10/23/2024 (MT Newswires) -- Beyond (BYON) said Tuesday it terminated former Chief Product Officer Carlisha Robinson without cause, effective immediately, as part of its broader staff cuts. Beyond said the staff reduction plan was approved over the weekend, affecting approximately 20% of its workforce. The layoffs are expected to be substantially implemented by Q4. The move is...
Wabtec raises annual profit forecast on strong freight and transit demand
Wabtec raises annual profit forecast on strong freight and transit demand
Oct 23, 2024
Oct 23 (Reuters) - Heavy industrial parts maker Wabtec raised its full-year profit forecast on Wednesday, amid strong demand for its freight and transit products. The Pittsburgh, Pennsylvania-based company is a provider of equipment, systems and aftermarket services for freight and transit rail industries. Wabtec now expects full-year adjusted profit in the range of $7.45 per share to $7.65 per...
AT&T's Q3 Earnings, Revenue Fall; Reiterates Full-Year Adjusted Earnings Outlook
AT&T's Q3 Earnings, Revenue Fall; Reiterates Full-Year Adjusted Earnings Outlook
Oct 23, 2024
07:01 AM EDT, 10/23/2024 (MT Newswires) -- AT&T ( T ) reported Q3 adjusted earnings Wednesday of $0.60 per diluted share, down from $0.64 a year earlier. Analysts polled by Capital IQ expected $0.57. Total operating revenue for the quarter ended Sept.30 was $30.21 billion, down from $30.35 billion a year earlier. Analysts polled by Capital IQ expected $30.45 billion....
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