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Aussie skids to 2-1/5 month low as inflation cools
Aussie skids to 2-1/5 month low as inflation cools
Oct 30, 2024
The Australian dollar tumbled in Asian trade on Wednesday to 2-⅕ month lows against the US dollar, sharpening the decline for the fourth straight session after inflation in Australia cooled to three-year lows, reducing the pressure on the Reserve Bank of Australia. The new data boosted the odds of an interest rate cut by the RBA in December, as investors...
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...
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...
Euro rebounds ahead of major eurozone data
Euro rebounds ahead of major eurozone data
Oct 27, 2024
The euro rose in European trade on Thursday against a basket of major rivals after a wave of losses across three sessions, with the euro eventually settling above 3-⅕ month lows against the US dollar. It comes ahead of major data on the eurozone sectors later today, which would shed important light on the health of the European economy in...
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Update: Strong Gains in Communication Services, Consumer Discretionary Lift US Equity Indexes; Crude Oil Heads Higher
Update: Strong Gains in Communication Services, Consumer Discretionary Lift US Equity Indexes; Crude Oil Heads Higher
Jun 29, 2026
03:51 PM EDT, 06/29/2026 (MT Newswires) -- (Updates with index/price moves and geopolitical news from the first paragraph.) US equity indexes rose amid standout gains in communication services and consumer discretionary, and as crude oil advanced amid mixed messaging regarding a meeting to be held on Tuesday between Washington and Tehran in Doha, Qatar. The Nasdaq Composite jumped 2% to...
Sector Update: Financial
Sector Update: Financial
Jun 29, 2026
03:32 PM EDT, 06/29/2026 (MT Newswires) -- Financial stocks increased in late Monday afternoon trading, with the NYSE Financial Index up 0.1% and the State Street Financial Select Sector SPDR ETF (XLF) adding 0.4%. The Philadelphia Housing Index shed 0.3%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) fell 1%. Bitcoin (BTC-USD) rose 1.4% to $60,264, and...
Sector Update: Healthcare
Sector Update: Healthcare
Jun 29, 2026
03:35 PM EDT, 06/29/2026 (MT Newswires) -- Healthcare stocks were higher late Monday afternoon, with the NYSE Healthcare Index fractionally higher and the State Street Health Care Select Sector SPDR ETF (XLV) up 0.2%. The iShares Biotechnology ETF (IBB) rose 0.9%. In corporate news, Alkermes ( ALKS ) stock has been re-rated following a recent orexin-peer takeout, but upcoming orexin...
Sector Update: Tech
Sector Update: Tech
Jun 29, 2026
03:33 PM EDT, 06/29/2026 (MT Newswires) -- Tech stocks were higher late Monday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) rising 2.3% and the State Street SPDR S&P Semiconductor ETF (XSD) adding 2.9%. The Philadelphia Semiconductor Index gained 3.4%. In corporate news, Astera Labs ( ALAB ) shares jumped 14% after UBS adjusted the company's price...
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What Analysts Are Saying About GDS Holdings Stock
What Analysts Are Saying About GDS Holdings Stock
Mar 18, 2025
GDS Holdings ( GDS ) underwent analysis by 6 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish. The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 1 3...
Commerce chief seeks industry help to prevent China from getting US chips
Commerce chief seeks industry help to prevent China from getting US chips
Mar 18, 2025
WASHINGTON (Reuters) - Commerce Secretary Howard Lutnick said Tuesday the Trump administration is seeking help from companies and foreign governments to prevent China from getting U.S. chips, and reiterated his belief Chinese AI company DeepSeek improperly used American chips. People took our chips and redirected them to China for money, Lutnick said at a Bureau of Industry and Security conference....
Assessing Cerence: Insights From 5 Financial Analysts
Assessing Cerence: Insights From 5 Financial Analysts
Mar 18, 2025
5 analysts have shared their evaluations of Cerence ( CRNC ) during the recent three months, expressing a mix of bullish and bearish perspectives. The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings...
Ukraine's top telco valued at over $2 billion as it goes ahead with US IPO
Ukraine's top telco valued at over $2 billion as it goes ahead with US IPO
Mar 18, 2025
(Reuters) - Ukraine's leading mobile operator Kyivstar is moving ahead with its planned U.S. listing, its parent VEON said on Tuesday, even as President Donald Trump's chaotic trade policy knocks confidence on Wall Street. Kyivstar has been assigned a pro-forma valuation of $2.21 billion ahead of the initial public offering (IPO) in New York, VEON said in a statement. The...
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Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
United Natural Foods Updates Fiscal 2025 Adjusted EPS, Net Sales Outlook
United Natural Foods Updates Fiscal 2025 Adjusted EPS, Net Sales Outlook
Jul 16, 2025
08:01 AM EDT, 07/16/2025 (MT Newswires) -- United Natural Foods ( UNFI ) said Wednesday that it now expects fiscal 2025 adjusted earnings in the range of $0.40 to $0.80 per share, compared with its prior range of $0.70 to $0.90. Analysts polled by FactSet expect $0.69. Net sales for the fiscal year are now expected in the range of...
Obsidian Energy Receives Non-Binding Offer for its 32.7% Stake in InPlay Oil
Obsidian Energy Receives Non-Binding Offer for its 32.7% Stake in InPlay Oil
Jul 16, 2025
08:03 AM EDT, 07/16/2025 (MT Newswires) -- Obsidian Energy ( OBE ) said Wednesday it has received a non-binding offer from a third party to acquire its 32.7% stake in InPlay Oil. The prospective buyer has proposed acquiring Obsidian Energy's ( OBE ) stake, consisting of about 9.1 million InPlay shares, at a price above the July 15 closing price...
Diageo CEO step downs after tough two years, finance chief to lead in interim
Diageo CEO step downs after tough two years, finance chief to lead in interim
Jul 16, 2025
(Reuters) -Diageo ( DEO ) CEO Debra Crew has stepped down after just two years in the job, the world's biggest spirits maker said on Wednesday, with finance chief Nik Jhangiani taking over in the interim as the company strives to boost its performance and cut debt. Shares in the maker of Johnnie Walker whisky and Guinness beer rose about...
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Internet Computer (ICP) Integrates Threshold
Internet Computer (ICP) Integrates Threshold
Apr 16, 2024
Decentralized blockchain network Internet Computer Protocol (ICP) has successfully implemented threshold-Schnorr signatures to harness the potential of Bitcoin-based decentralized finance (DeFi) and web3. According to a release seen by CryptoPotato, the new cryptographic signature scheme will enable ICP smart contracts to etch the Bitcoin token standard, Runes, and trade BRC-20 tokens. Implementing Threshold-Schnorr Signatures Threshold-Schnorr is a digital signature scheme...
Crypto’s Comedy of Errors: 2 Out of 5 Richest Whales Stranded Without Access
Crypto’s Comedy of Errors: 2 Out of 5 Richest Whales Stranded Without Access
Apr 16, 2024
Arkhams latest data revealed that the top five identified crypto whales with publicly known wallet addresses collectively hold approximately $3.5 billion in digital assets. A few sit on a digital treasure trove but have no way to access it. Locked Out of Crypto Fortune This list features some of the most prominent names in the industry, with figures like TRONs...
Ethereum (ETH) Tops a Notable Ranking, Surpassing Popular Altcoins and Meme Coins
Ethereum (ETH) Tops a Notable Ranking, Surpassing Popular Altcoins and Meme Coins
Apr 16, 2024
TL;DR Ethereum (ETH) leads in a particular ranking following the approval of Ethereum ETFs in Hong Kong. Despite this success, the assets price has recently declined by 5% in 24 hours and 15% weekly, with analysts indicating critical levels for potential recovery in its value. ETH Ranks First The market intelligence platform Santiment revealed that Ethereum (ETH) has garnered much...
Spot Bitcoin ETF Flows Dry Up as Crypto Market Rout Continues
Spot Bitcoin ETF Flows Dry Up as Crypto Market Rout Continues
Apr 16, 2024
For the second trading day in a row, nine of the eleven newly launched spot Bitcoin ETFs have had a fund flow of zero. Only Grayscale and BlackRock have had flows on April 12 and 15 as every other fund was inactive, according to preliminary data from Farside Investors. The continued outflow of funds from Grayscale’s GBTC also means that...
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