The Australian dollar tumbled on Tuesday against a basket of major rivals, resuming losses against the US counterpart after a short hiatus and becoming the worst performing G8 currency after the RBAs rate cut. The Reserve Bank of Australia voted to cut interest rates by 25 basis points to 3.85%, the lowest since May 2023, as inflation cooled. The Price...

The Australian dollar rose in Asian trade on Wednesday against a basket of major rivals, expanding gains for the second straight session against the US dollar and hitting a week high, while approaching five-week highs following strong Australian wages data. The data renewed inflationary pressures on the Reserve Bank of Australias policymakers, which hurt the odds of a rate cut...

The Australian dollar fell against most major rivals on Thursday despite strong labor data. Australia's unemployment rate was unchanged in April at 4.1%, same as March, and matching expectations. The Australian economy added 89.0 thousand new jobs in April, easily beating estimates of a 20.9 thousand addition, while March's reading was revised to show the addition of 32.2 thousand jobs...

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03:49 PM EST, 02/27/2025 (MT Newswires) -- US benchmark equity indexes are on track to close lower Thursday as markets reacted to proposed tariffs on Mexico and Canada due to take effect next week. The Dow Jones Industrial Average dropped 0.4% to 43,270.2, while the Nasdaq Composite fell 2.4% to 18,615.7. The S&P 500 shed 1.4% to 5,874.9. Among sectors,...

03:49 PM EST, 02/27/2025 (MT Newswires) -- Tech stocks were declining late Thursday afternoon with the Technology Select Sector SPDR Fund (XLK) falling 2.6% and the SPDR S&P Semiconductor ETF (XSD) dropping 5.2%. The Philadelphia Semiconductor Index slumped 4.7%. In corporate news, Bloomberg reported that Autodesk ( ADSK ) plans to cut jobs as part of a broader effort to...

03:34 PM EST, 02/27/2025 (MT Newswires) -- Health care stocks fell late Thursday afternoon with the NYSE Health Care Index and the Health Care Select Sector SPDR Fund (XLV) both shedding 0.2%. The iShares Biotechnology ETF (IBB) fell 0.8%. In corporate news, Teleflex ( TFX ) agreed to buy most of Biotronik's Vascular Intervention business for 760 million euros ($793.1...

03:47 PM EST, 02/27/2025 (MT Newswires) -- Consumer stocks were mixed late Thursday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) up 0.2% and the Consumer Discretionary Select Sector SPDR Fund (XLY) falling 1.1%. In corporate news, J.M. Smucker (SJM) reported a bigger-than-expected decline in fiscal Q3 sales due largely to a supply chain disruption, though earnings unexpectedly...

Bitcoin is up 7% over the last five days. You know what that means? Bitcoin mining is so back (until bitcoin’s price falls 5% over a five-day stretch again, after which it’ll be so over again). With bitcoin’s price surge, the stock prices of four of the five largest publicly traded miners (measured by total hashrate, or computing power spent...

01:47 PM EDT, 07/18/2024 (MT Newswires) -- US equity indexes fell after midday Thursday as Taiwan Semiconductor Manufacturing Company's ( TSM ) results failed to inspire a wave of buying in semiconductor names and jobless claims increased more than forecast. The Nasdaq Composite fell 0.5% to 17,899.3, with the S&P 500 down 0.5% to 5,562.6 and the Dow Jones Industrial...

10 analysts have shared their evaluations of Lattice Semiconductor ( LSCC ) during the recent three months, expressing a mix of bullish and bearish perspectives. Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 7 2 1...

July 18 (Reuters) - ChatGPT maker OpenAI is in discussion with chip designers, including Broadcom ( AVGO ), about developing a new artificial intelligence chip, the Information reported on Thursday, citing people familiar with the matter. OpenAI is exploring the idea of making AI chips on its own to overcome the shortage of expensive graphic processing units that it relies...

The proposed legislation seeks to provide Indian citizenship to non-Muslims from Bangladesh, Pakistan and Afghanistan, and many parties and organisations have claimed that it will have an adverse impact on the demography of the sensitive border state.

Modi also highlighted the museum dedicated to Netaji inagurated on January 23 in the Red Fort.

The Malaysian government said earlier this month that no Israeli delegates can enter Malaysia for sporting or other events in solidarity with the Palestinians.

The sitting of the Constitution bench, headed by Chief Justice of India (CJI) Ranjan Gogoi stands cancelled as Justice S A Bobde will not be available on January 29, as per a notice issued by the Supreme Court registry.

05:35 PM EDT, 08/05/2024 (MT Newswires) -- Materion ( MTRN ) reported Q2 adjusted diluted earnings late Monday of $1.42 per share, up from $1.38 a year earlier. Four analysts surveyed by Capital IQ expected $1.38. Net sales for the quarter ended June 28 were $425.9 million, up from $398.6 million a year earlier. Four analysts polled by Capital IQ...

05:40 PM EDT, 08/05/2024 (MT Newswires) -- Primoris Services ( PRIM ) reported Q2 adjusted net income late Monday of $1.04 per diluted share, up from $0.80 a year earlier. Analysts polled by Capital IQ expected $0.86. Revenue for the quarter ended June 30 rose to $1.56 billion from $1.41 billion a year earlier. Analysts polled by Capital IQ expected...

05:34 PM EDT, 08/05/2024 (MT Newswires) -- Kevin Hykes, Director, President & CEO, on August 05, 2024, executed a purchase for 30,000 shares in Cvrx ( CVRX ) for $250,767. Following the Form 4 filing with the SEC, Hykes has control over a total of 30,000 shares of the company, with 30,000 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1235912/000141588924020762/xslF345X03/form4-08052024_080830.xml Price: 8.62,...

05:35 PM EDT, 08/05/2024 (MT Newswires) -- Sterling Infrastructure ( STRL ) reported Q2 earnings late Monday of $1.67 per diluted share, compared with $1.27 a year earlier. Two analysts polled by Capital IQ expected $1.43. Revenue for the quarter ended June 30 was $582.8 million, compared with $522.3 million a year earlier. Two analysts polled by Capital IQ expected...

Meme coins have been one of the most popular narratives in the first two quarters of 2024. However, there has been a significant cooling off in their market after the intense activity of the spring. In fact, recent findings suggest that only a handful of meme coins have recorded gains over the past 30 days, and these are relatively lesser-known....

The Bank of England lowered the interest rates from 5.25% to 5% earlier today in the first cut since the start of the Covid-19 pandemic in March 2020. Consequently, the UKs central bank has followed the example set by the ECB and the Bank of Canada earlier this summer, prompting questions about the Federal Reserves next move. BoE Turns the...

Ripplrice has been recovering recently, spreading optimism among market participants and XRP investors. Ripple Price Analysis By TradingRage The USDT Paired Chart Looking at the XRP/USDT chart’s daily timeframe, the price has rebounded from the $0.4 support level with momentum. It has reclaimed $0.5 and the 200-day moving average, located around the $0.55 mark. The market is currently testing the...

Bitcoin’s price has been consolidating over the past couple of weeks following a recovery from the $56K support level. This behavior has left investors wondering whether a new record high will be witnessed in the short term. Technical Analysis By TradingRage The Daily Chart On the daily timeframe, the price has been moving rangebound between the $64K and $68K levels....