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Oil Update: Russia
Oil Update: Russia
Mar 23, 2024
Brent Crude Oil News and Analysis Over 150 missiles and drones fired in latest attack on UkraineOil prices ease into the weekend despite attacks on energy infrastructureIG client sentiment focuses on recent changes in positioning to arrive at bearish biasThe analysis in this article makes use of chart patterns and key support and resistance levels. For more information visit our...
Gold IG Client Sentiment: Our data shows traders are now net
Gold IG Client Sentiment: Our data shows traders are now net
Mar 25, 2024
Number of traders net-short has decreased by 16.42% from last week. SYMBOLTRADING BIASNET-LONG%NET-SHORT%CHANGE IN LONGSCHANGE IN SHORTSCHANGE IN OI Gold BEARISH 50.43% 49.57% 11.14% Daily7.51% Weekly 6.18% Daily-16.42% Weekly 8.62% Daily-5.85% Weekly Gold Bearish Data provided by of clients are net long. of clients are net short. Change in Longs Shorts OI Daily 11% 6% 9% Weekly 8% -16% -6%...
Markets Week Ahead: Gold Overreacts, Sterling Sinks and USD Advances
Markets Week Ahead: Gold Overreacts, Sterling Sinks and USD Advances
Mar 25, 2024
Gold Whipsaws and Signals a Potential Momentum Shift The precious metal rose phenomenally in the wake of the FOMC meeting and updated summary of economic projections. The US dollar acted as the release valve for all the hawkish sentiment that had been priced into the market. US activity, jobs and inflation data printed on the higher side of estimates in...
US Dollar Technical Analysis: EUR/USD & GBP/USD Rebound, USD/JPY Flat
US Dollar Technical Analysis: EUR/USD & GBP/USD Rebound, USD/JPY Flat
Mar 25, 2024
US DOLLAR FORECAST – EUR/USD, GBP/USD, USD/JPY Most Read: US Dollar Forecast: PCE Data to Steal Show; EUR/USD, USD/JPY, GBP/USD Setups The dollar fell slightly on Monday, but losses were moderate and probably contained by rallying U.S. Treasury yields. Many traders decided to take profits after the greenback's strong performance last week, while others avoided taking large directional positions in...
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Sector Update: Tech Stocks Mixed in Afternoon Trading
Sector Update: Tech Stocks Mixed in Afternoon Trading
Jun 23, 2025
02:08 PM EDT, 06/23/2025 (MT Newswires) -- Tech stocks were mixed Monday afternoon with the Technology Select Sector SPDR Fund (XLK) adding 1.1% and the SPDR S&P Semiconductor ETF (XSD) easing 0.3%. The Philadelphia Semiconductor index rose 0.6%. In corporate news, Alphabet's (GOOG) Google ( GOOG ) cut its Google TV and Android TV budget by 10% and trimmed staff,...
Top Midday Gainers
Top Midday Gainers
Jun 23, 2025
02:12 PM EDT, 06/23/2025 (MT Newswires) -- Impact BioMedical ( IBO ) said Monday it agreed to merge with Hong Kong-based pharmaceutical group Dr. Ashleys that will result in a newly formed entity under Dr Ashleys Limited. Shares of Impact jumped 350%, with intraday trading volume of over 379 million against a daily average of about 6.81 million. Cidara Therapeutics...
Sector Update: Consumer Stocks Rise Monday Afternoon
Sector Update: Consumer Stocks Rise Monday Afternoon
Jun 23, 2025
02:03 PM EDT, 06/23/2025 (MT Newswires) -- Consumer stocks advanced Monday afternoon with the Consumer Staples Select Sector SPDR Fund (XLP) up 0.7% and the Consumer Discretionary Select Sector SPDR Fund (XLY) rising 2.1%. In corporate news, Tesla (TSLA) started offering rides in its Robotaxis on Sunday in Austin, Texas, with Wedbush Securities saying the trips exceeded expectations. Tesla shares...
Sector Update: Financial Stocks Gain Monday Afternoon
Sector Update: Financial Stocks Gain Monday Afternoon
Jun 23, 2025
02:03 PM EDT, 06/23/2025 (MT Newswires) -- Financial stocks were rising in Monday afternoon trading, with the NYSE Financial Index up 0.4% and the Financial Select Sector SPDR Fund (XLF) adding 0.6%. The Philadelphia Housing Index was climbing 1.8%, and the Real Estate Select Sector SPDR Fund (XLRE) added 1.2%. Bitcoin (BTC-USD) was increasing 2.8% to $102,386, and the yield...
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Exclusive-Private equity owners of MRI Software target sale or IPO at $10 billion valuation, sources say
Exclusive-Private equity owners of MRI Software target sale or IPO at $10 billion valuation, sources say
Sep 27, 2025
(Reuters) -The private equity owners of real estate software provider MRI Software are exploring options for the company, including a potential sale or a public listing on a U.S. exchange, according to people familiar with the matter.  Any deal for MRI Software, which could happen within the next 12 months, is expected to value the software maker at up to...
Gcore Radar Report Reveals 41% Surge in DDoS Attack Volumes
Gcore Radar Report Reveals 41% Surge in DDoS Attack Volumes
Sep 28, 2025
LUXEMBOURG, Sept. 28, 2025 (GLOBE NEWSWIRE) -- Gcore, the global edge AI, cloud, network, and security solutions provider, today announced the findings of its Q1-Q2 2025 Radar report into DDoS attack trends. DDoS attacks have reached unprecedented scale and disruption in 2025, and businesses need to act fast to protect themselves from this evolving threat. The report reveals a significant...
Coherent Showcases Next-Generation Optical Innovations at ECOC 2025
Coherent Showcases Next-Generation Optical Innovations at ECOC 2025
Sep 28, 2025
SAXONBURG, Pa., Sept. 28, 2025 (GLOBE NEWSWIRE) -- Coherent Corp. ( COHR ) , a global leader in photonics, announced today that it will showcase its latest innovations in next-generation optical communications at ECOC 2025, taking place September 29-October 1 at the Bella Center in Copenhagen, Denmark (Booth #C3124). Coherent thought leaders will contribute to the Market Focus program through...
Mercedes-Benz spins out Silicon Valley chip group into new company
Mercedes-Benz spins out Silicon Valley chip group into new company
Sep 27, 2025
SAN FRANCISCO (Reuters) -Mercedes-Benz on Friday spun out into a new company a group of chip experts in Silicon Valley that is working on creating a new generation of computing brains for self-driving cars, drones and other vehicles. Athos Silicon, based in Santa Clara, California, will house a group of engineers who for five years worked at Mercedes-Benz Research & Development...
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Vertex Pharmaceuticals Says FDA Accepts New Drug Application for Suzetrigine
Vertex Pharmaceuticals Says FDA Accepts New Drug Application for Suzetrigine
Jul 30, 2024
02:47 PM EDT, 07/30/2024 (MT Newswires) -- Vertex Pharmaceuticals ( VRTX ) said Tuesday that its new drug application submission for suzetrigine has been accepted by the US Food and Drug Administration to treat moderate-to-severe acute pain. The company said Suzetrigine has been granted priority review by the FDA, with a Prescription Drug User Fee Act target action date of...
--Street Color: Amazon Sues Nokia Over Alleged Patent Infringement
--Street Color: Amazon Sues Nokia Over Alleged Patent Infringement
Jul 30, 2024
02:42 PM EDT, 07/30/2024 (MT Newswires) -- Price: 181.47, Change: -1.73, Percent Change: -0.95 ...
Wells Fargo sued over employee prescription drug costs
Wells Fargo sued over employee prescription drug costs
Jul 30, 2024
(Reuters) - Wells Fargo & Co ( WFC ) was accused in a lawsuit filed on Tuesday of mismanaging its employee health insurance plan and forcing tens of thousands of U.S. employees to overpay for prescription drugs. The proposed class action filed in Minnesota federal court by four ex-employees of Wells Fargo ( WFC ) claims the bank violated a...
Pegasystems Gets New Trial in Virginia in Trade Secrets Case Against Appian
Pegasystems Gets New Trial in Virginia in Trade Secrets Case Against Appian
Jul 30, 2024
02:43 PM EDT, 07/30/2024 (MT Newswires) -- Pegasystems ( PEGA ) has been granted a new trial in Virginia in a trade secrets case against Appian (APPN), a court document Tuesday showed. A Virginia court of appeals' decision reversed a previous judgment and called for a new trial concerning the Virginia Uniform Trade Secrets Act claims, according to the document....
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Bitcoin Has Made Getting Rich So Easy, Says Robert Kiyosaki
Bitcoin Has Made Getting Rich So Easy, Says Robert Kiyosaki
May 26, 2025
In a world where capitalists dominate most economies, people are constantly searching for ways to accumulate wealth. Bitcoin presents an easy path for this, according to finance guru and entrepreneur Robert Kiyosaki. The Rich Dad, Poor Dad author believes bitcoin (BTC) has made it so easy for anyone to get rich and insists more people should be buying the digital...
Analyst Forecasts BTC Short
Analyst Forecasts BTC Short
May 26, 2025
Bitcoin’s current rally may only be warming up, with market watchers predicting a potential surge to $162,000 by mid-June, largely driven by short-term holders approaching a critical profit threshold. According to Axel Adler Jr., Bitcoin’s Net Unrealized Profit/Loss (NUPL) for those who’ve held the cryptocurrency for a maximum of three months sits at 27%. The Short-Term Holder Catalyst In a...
Charles Hoskinson Backs Ripple Over Coinbase in Circle Takeover Battle
Charles Hoskinson Backs Ripple Over Coinbase in Circle Takeover Battle
May 26, 2025
TL;DR Charles Hoskinson weighed in on the rumored multi-billion-dollar bidding war between Ripple and Coinbase for stablecoin issuer Circle. He also revealed ongoing talks to bring Ripple’s RLUSD to Cardanos ecosystem. Hoskinsons Choice In a recent video on YouTube, Cardanos founder claimed that such an acquisition would make the crypto space better. Hoskinson also argued that the Coinbase-a16z-Circle mafia has...
HYPE Taps New All
HYPE Taps New All
May 26, 2025
Following the Friday price slip and the calm weekend, bitcoins price has recovered to roughly $110,000 after US President Trump paused the tariffs against the EU, which were supposed to start from June 1. The altcoins have turned green as well, and HYPE continues to lead the larger caps following yet another new all-time high at almost $40 today. BTC...
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