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Euro hits one-week high ahead of German inflation data
Euro hits one-week high ahead of German inflation data
Oct 30, 2024
Euro rose in European trade on Wednesday on track for the third profit in a row against the US dollar, hitting a week high after data showed Spanish inflation rose past estimates in October, renewing the pressure on the European Central Bank. The odds of a 0.25% ECB interest rate cut in December dipped, with investors now waiting for official...
US dollar heads for fresh weekly profit
US dollar heads for fresh weekly profit
Oct 26, 2024
The US dollar rose in European trade on Friday against a basket of major rivals, resuming gains after a short hiatus, and approaching three-month highs once more. The gains come amid a surge in US 10-year treasury yields after bullish remarks from some Fed officials, and strong US data, which hurt the odds of an aggressive pace for US interest...
Yen skids to three-month trough as Japanese governing coalition loses majority
Yen skids to three-month trough as Japanese governing coalition loses majority
Oct 28, 2024
The Japanese yen skidded in Asian trade on Monday to three-month lows against the US dollar, after the election loss by the current Japanese parliamentary governing coalition, which could impede future interest rate hikes by the Bank of Japan. The yen is also pressured by a surge in US 10-year treasury yields, amid speculation about a cautious stance by the...
Yen skids to three-month low as the gap in treasury yields widens
Yen skids to three-month low as the gap in treasury yields widens
Oct 26, 2024
The yen fell in European trade on Wednesday against a basket of major rivals, sharpening the losses for the third straight session against the US dollar and hitting three-month lows amid concerns about a wider US-Japan gap in government treasury yields. Recent bearish remarks from Japanese officials hurt the odds of a third BOJ interest rate hike this year, while...
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Sector Update: Consumer Stocks Fall Thursday Afternoon
Sector Update: Consumer Stocks Fall Thursday Afternoon
Nov 6, 2025
01:41 PM EST, 11/06/2025 (MT Newswires) -- Consumer stocks were falling Thursday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) down 0.5% and the Consumer Discretionary Select Sector SPDR Fund (XLY) dropping 2.1%. In corporate news, CarMax ( KMX ) said it has named board member David McCreight as interim president and chief executive, succeeding Bill Nash. Nash...
Sector Update: Energy
Sector Update: Energy
Nov 6, 2025
01:36 PM EST, 11/06/2025 (MT Newswires) -- Energy stocks were higher Thursday afternoon, with the NYSE Energy Sector Index up 0.4% and the Energy Select Sector SPDR Fund (XLE) adding 1.2%. The Philadelphia Oil Service Sector Index was fractionally higher, and the Dow Jones US Utilities Index retreated 0.2%. Front-month West Texas Intermediate crude oil was declining 0.7% to $59.16...
Sector Update: Financial
Sector Update: Financial
Nov 6, 2025
01:15 PM EST, 11/06/2025 (MT Newswires) -- Financial stocks were decreasing in Thursday afternoon trading, with the NYSE Financial Index easing 0.3% and the Financial Select Sector SPDR Fund (XLF) down 0.6%. The Philadelphia Housing Index was shedding 0.7%, and the Real Estate Select Sector SPDR Fund (XLRE) was decreasing 0.2%. Bitcoin (BTC-USD) was declining 2.4% to $101,421, and the...
Top Midday Gainers
Top Midday Gainers
Nov 6, 2025
01:39 PM EST, 11/06/2025 (MT Newswires) -- BillionToOne ( BLLN ) shares surged 81% in their Nasdaq debut on Thursday after the molecular diagnostics company raised $273.1 million in an upsized initial public offering of Class A shares priced at $60 apiece. Intraday volume topped 786,000 shares. Charles Schwab ( SCHW ) agreed to acquire Forge Global ( FRGE )...
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PayToMe.co Joins IBM Partner Plus to Power the Next Generation of AI-Driven FinTech Marketplaces
PayToMe.co Joins IBM Partner Plus to Power the Next Generation of AI-Driven FinTech Marketplaces
Nov 3, 2025
PALO ALTO, Calif., Nov. 3, 2025 /PRNewswire/ -- PayToMe.co, the award-winning AI-native FinTech platform for embedded finance and cross-border digital infrastructure, today announced it has joined IBM Partner Plus as an Embedded Solutions Business Partner. Through this partnership, PayToMe.co will embed IBM's cloud, AI, and automation technologies into its FinTech platform to scale intelligent payments, AI agents, automated bookkeeping, real-time...
Microsoft to invest over $15 billion in UAE, secures US export licenses for Nvidia chips
Microsoft to invest over $15 billion in UAE, secures US export licenses for Nvidia chips
Nov 3, 2025
* Microsoft ( MSFT ) to invest $15.2 billion in UAE between 2023 and 2029 * Secures advanced chip export licences for UAE, executive says * Chips to be used for Microsoft UAE data centres, executive says (Adds details from paragraph 5) By Federico Maccioni ABU DHABI, Nov 3 (Reuters) - Microsoft ( MSFT ) will invest over $15 billion...
CSI Customer Encore Bank Wins 2025 Tearsheet’s “Bank Lender of the Year” Award
CSI Customer Encore Bank Wins 2025 Tearsheet’s “Bank Lender of the Year” Award
Nov 3, 2025
$3.6 billion bank leverages CSI's Hawthorn River loan origination system to achieve lending excellence at scale while integrating dozens of fintechs PADUCAH, Ky.--(BUSINESS WIRE)-- CSI, a leading provider of end-to-end financial software and technology, congratulates its customer Encore Bank on being named “Bank Lender of the Year” by Tearsheet's 2025 Lending Awards. The award recognizes Encore Bank's exceptional achievement...
Exodus Movement, Inc. to Announce Third Quarter 2025 Results on November 10, 2025
Exodus Movement, Inc. to Announce Third Quarter 2025 Results on November 10, 2025
Nov 3, 2025
OMAHA, Neb., Nov. 03, 2025 (GLOBE NEWSWIRE) -- Exodus Movement, Inc. ( EXOD ) (Exodus), a leading self-custodial cryptocurrency platform, today announced that it will provide a business update and release its third quarter financial results on Monday, November 10, 2025, before market open. An earnings conference webcast will be held at 8:30 AM ET on the same day. To...
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