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Sector Update: Financial
Sector Update: Financial
May 13, 2024
03:29 PM EDT, 05/13/2024 (MT Newswires) -- Financial stocks were lower in late Monday afternoon trading, with the NYSE Financial Index easing 0.1% and the Financial Select Sector SPDR Fund (XLF) shedding 0.2%. The Philadelphia Housing Index was down 0.7%, and the Real Estate Select Sector SPDR Fund (XLRE) added 0.1%. Bitcoin (BTC-USD) gained 2.4% to $62,953, and the yield...
Japan's Nikkei drifts sideways as more earnings, US CPI awaited
Japan's Nikkei drifts sideways as more earnings, US CPI awaited
May 13, 2024
TOKYO, May 14 (Reuters) - Japan's Nikkei share average drifted sideways in a narrow range on Tuesday as investors braced for more local corporate earnings results and the release of all-important U.S. inflation figures the following day. The market was also cautious over a weakening currency and rising domestic bond yields amid speculation that the Bank of Japan could soon...
Sector Update: Health Care
Sector Update: Health Care
May 13, 2024
03:37 PM EDT, 05/13/2024 (MT Newswires) -- Health care stocks were mixed late Monday afternoon with the NYSE Health Care Index up 0.1% and the Health Care Select Sector SPDR Fund (XLV) decreasing 0.2%. The iShares Biotechnology ETF (IBB) added 0.5%. In corporate news, AC Immune ( ACIU ) and Takeda Pharmaceutical ( TAK ) signed an exclusive worldwide option...
EMERGING MARKETS-EM stocks scale over two-year peak, FX subdued ahead of US data
EMERGING MARKETS-EM stocks scale over two-year peak, FX subdued ahead of US data
May 14, 2024
* Romanian inflation in April at +5.90%, below expectations * Hungary c.bank raises end-June rate outlook to 6.75% - 7% * EM stocks up 0.3%, FX off 0.1% By Shashwat Chauhan May 14 (Reuters) - A gauge for emerging market stocks touched a more than two-year high on Tuesday, while most currencies traded in limbo ahead of U.S. inflation data...
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US senators warn Nvidia CEO about upcoming China trip
US senators warn Nvidia CEO about upcoming China trip
Jul 11, 2025
SAN FRANCISCO (Reuters) -A bipartisan pair of U.S. senators sent a letter to Nvidia CEO Jensen Huang on Friday about an upcoming trip to China, warning the CEO to refrain from meeting with companies that are suspected of undermining U.S. chip export controls. The letter from Republican Senator Jim Banks and Democratic Senator Elizabeth Warren asked Huang to also abstain from...
Deep Dive Into Churchill Downs Stock: Analyst Perspectives (13 Ratings)
Deep Dive Into Churchill Downs Stock: Analyst Perspectives (13 Ratings)
Jul 11, 2025
13 analysts have shared their evaluations of Churchill Downs during the recent three months, expressing a mix of bullish and bearish perspectives. The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective. Bullish Somewhat Bullish Indifferent...
US senators warn Nvidia CEO about upcoming China trip
US senators warn Nvidia CEO about upcoming China trip
Jul 11, 2025
SAN FRANCISCO, July 11 (Reuters) - A bipartisan pair of U.S. senators sent a letter to Nvidia ( NVDA ) CEO Jensen Huang on Friday about an upcoming trip to China, warning the CEO to refrain from meeting with companies that are suspected of undermining U.S. chip export controls. The letter from Republican Senator Jim Banks and Democratic Senator Elizabeth...
Evening update for crude oil -11-07-2025
Evening update for crude oil -11-07-2025
Jul 11, 2025
The (crude oil) rose in its last intraday trading, getting ready to attack the key resistance level at $68.00, amid the continuation of the main bullish trend dominance on the short-term basis and its trading alongside a bias line, with the continuation of the positive pressure due to its trading above EMA50, noticing the emergence of the positive signals on...
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Analysis-Can the new CVS CEO handle the Aetna challenge?
Analysis-Can the new CVS CEO handle the Aetna challenge?
Oct 21, 2024
NEW YORK (Reuters) - As CVS Health's new CEO David Joyner steps into the top job after Karen Lynch's quick departure on Friday, Wall Street analysts and some investors are questioning whether he has the right experience to turn around the Aetna health insurance business as it struggles with high medical costs. Joyner, who headed the company's Caremark pharmacy benefit...
Travel and lodging firm Viad to sell events unit for $535 million
Travel and lodging firm Viad to sell events unit for $535 million
Oct 21, 2024
NEW YORK, Oct 21 (Reuters) - Travel and lodging operator Viad Corp ( VVI ) on Monday agreed to sell its events and conferences business GES to private equity firm Truelink Capital for $535 million, according to a statement seen by Reuters. The sale of GES would leave Viad ( VVI ) with its attractions and hospitality unit Pursuit, allowing...
Market Chatter: Couche-Tard Plans To Fund Most of US$47-billion Offer for 7-Eleven Owner With Debt, Keep Equity
Market Chatter: Couche-Tard Plans To Fund Most of US$47-billion Offer for 7-Eleven Owner With Debt, Keep Equity "Minimal"
Oct 21, 2024
06:32 AM EDT, 10/21/2024 (MT Newswires) -- Alimentation Couche-Tard Inc. ( ANCTF ) is planning to finance a potential acquisition of Japanese 7-Eleven parent Seven & i Holdings Co. mostly with debt, borrowing tens of billions of dollars in its quest to conquer the global convenience-store business, The Globe and Mail was reporting over the weekend. It noted analysts had...
Commerzbank on Overnight News
Commerzbank on Overnight News
Oct 21, 2024
06:24 AM EDT, 10/21/2024 (MT Newswires) -- Commerzbank in its European Sunrise note of Monday highlighted: Markets: United States Treasury long-end softens in late New York and early Asia, then recovers, short-end better supported. E-minis lower after S&P hit another record-high on Friday. Asian equities mixed, US dollar trades weaker, Brent supported around $73/barrel, Gold extends its rally with new...
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US SEC Charges 17 in $300M Crypto Ponzi Scheme
US SEC Charges 17 in $300M Crypto Ponzi Scheme
Mar 18, 2024
The United States Securities and Exchange Commission (SEC) has charged 17 individuals for allegedly perpetrating a cryptocurrency Ponzi scheme that defrauded thousands of Latino investors in the country for approximately $300 million. According to an official release from the regulator, the alleged fraudsters operated under a company named CryptoFX LLC, which is based in Houston, Texas. SEC Charges 17 For...
Will Bitcoin Enter The Danger Zone as Fed Rate Decision Looms ?
Will Bitcoin Enter The Danger Zone as Fed Rate Decision Looms ?
Mar 18, 2024
“Its officially Fed week, the week weve all been waiting for,” exclaimed macroeconomics outlet The Kobeissi Letter on March 17. The US Central Bank will make its highly anticipated announcement on March 20, which will set the tone for the USs economic outlook going forward. Key Events This Week: 1. Housing Starts data Tuesday 2. Fed Interest Rate Decision Wednesday...
Shiba Inu (SHIB) Explodes 13% Overnight but Rival Meme Coin Outperforms
Shiba Inu (SHIB) Explodes 13% Overnight but Rival Meme Coin Outperforms
Mar 18, 2024
Meme coins are back at it with significant gains throughout the past 24 hours. The market is recovering, in general, but some meme coins are undoubtedly performing better than the rest. Shiba Inu (SHIB) is up a whopping 13% over the past 24 hours, trading at slightly below $0.0003. The cryptocurrency remains down some 10% on the weekly chart, outlining...
Bitcoin Price Prediction: What’s the Next Target and is a Liquidity Crisis Coming?
Bitcoin Price Prediction: What’s the Next Target and is a Liquidity Crisis Coming?
Mar 15, 2024
The price of Bitcoin (BTC) has reached new all-time highs much faster than analysts had expected. A substantial upswing kicked off a few weeks after the approval of the Bitcoin Spot ETF. BTC started the week with an intense burst of volatility, as it topped $73K, tumbled to $69K, and then climbed its way back above $70K — all in...
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