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Yen rushes to four-week high on strong demand
Yen rushes to four-week high on strong demand
May 27, 2025
The Japanese yen rose in Asian trade on Tuesday against a basket of major rivals, resuming gains against the dollar after a short hiatus and hitting a four-week high on strong haven demand amid concerns about US debt levels. Gains are also bolstered by the increasing odds of a Japanese interest rate hike in June in response to mounting inflationary...
Australian inflation beats estimates in April
Australian inflation beats estimates in April
May 28, 2025
Australias consumer prices rose 2.4% y/y in April, beating estimates of 2.3%, and same as the previous reading. The data showcases the impact of inflationary pressures on Australian monetary policymakers, and huts the odds of an Australian rate cut in July. Do you need help in trading decisions? Do you want to learn how to start trading? Join Economies.com VIP...
US dollar tries to recover from five-week trough
US dollar tries to recover from five-week trough
May 27, 2025
The US dollar rose in European trade on Tuesday for the first time in three sessions against a basket of major rivals, as it tries to recover from five-week lows on short-covering. Now traders await important US data later today to assess the odds of future Fed rate cuts. The Index The dollar index rose 0.5% to 99.44, with a...
Euro hovers near four-week high after Lagarde's remarks
Euro hovers near four-week high after Lagarde's remarks
May 27, 2025
The euro rose in European trade on Tuesday on track for the third straight session against the US dollar, and about to hit a four-week high amid concerns about US financial stability. Recent bullish remarks by European Central Bank President Christine Lagarde provided more positive momentum for the euro, and underscored investor confidence in the EU. The Price The EUR/USD...
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Sector Update: Tech
Sector Update: Tech
Jul 28, 2025
03:29 PM EDT, 07/28/2025 (MT Newswires) -- Tech stocks rose late Monday afternoon with the Technology Select Sector SPDR Fund (XLK) up 0.7% and the SPDR S&P Semiconductor ETF (XSD) gaining 1.6%. The Philadelphia Semiconductor Index added 1.6%. In sector news, Microsoft ( MSFT ) is facing a lawsuit filed by Rosneft-backed Nayara Energy for allegedly suspending critical services to...
Sector Update: Energy
Sector Update: Energy
Jul 28, 2025
03:25 PM EDT, 07/28/2025 (MT Newswires) -- Energy stocks were higher late Monday afternoon, with the NYSE Energy Sector Index up 0.8% and the Energy Select Sector SPDR Fund (XLE) adding 0.9%. The Philadelphia Oil Service Sector index climbed 1.7%, while the Dow Jones US Utilities index was shedding 1.1%. Front-month West Texas Intermediate crude oil rose 2.7% to $66.89...
Sector Update: Energy Stocks Rise Late Afternoon
Sector Update: Energy Stocks Rise Late Afternoon
Jul 28, 2025
03:35 PM EDT, 07/28/2025 (MT Newswires) -- Energy stocks were higher late Monday afternoon, with the NYSE Energy Sector Index up 0.8% and the Energy Select Sector SPDR Fund (XLE) adding 0.9%. The Philadelphia Oil Service Sector index climbed 1.7%, while the Dow Jones US Utilities index was shedding 1.1%. Front-month West Texas Intermediate crude oil rose 2.7% to $66.89...
Sector Update: Financial
Sector Update: Financial
Jul 28, 2025
03:24 PM EDT, 07/28/2025 (MT Newswires) -- Financial stocks were decreasing in late Monday afternoon trading, with the NYSE Financial Index shedding 1% and the Financial Select Sector SPDR Fund (XLF) down 0.8%. The Philadelphia Housing Index was down 0.5% and the Real Estate Select Sector SPDR Fund (XLRE) was sliding 1.5%. Bitcoin (BTC-USD) was declining 0.7% to $118,108, and...
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Optoma Expands ProScene Series 4K UHD+ WQUXGA Laser Projectors With the ZK1000
Optoma Expands ProScene Series 4K UHD+ WQUXGA Laser Projectors With the ZK1000
May 19, 2026
FREMONT, Calif., May 19, 2026 /PRNewswire/ -- Optoma Technology, a leader in cutting-edge visual display solutions, is excited to announce the new ZK1000 4K UHD+ WQUXGA interchangeable lens laser projector, adding to its line of high brightness ProScene Series, Optoma's ZK1120 and ZK1320 awarded InfoComm 2025 Best of Show, by ProjectorCentral, Sound & Video Contractor and AV Technology. Optoma's ProScene...
World Telecommunication Day 2026: Nework's NewBoard P Series a next-gen collaboration hub built for AI-powered digital workplace
World Telecommunication Day 2026: Nework's NewBoard P Series a next-gen collaboration hub built for AI-powered digital workplace
May 19, 2026
POMONA, Calif., May 19, 2026 /PRNewswire/ -- On the occasion of World Telecommunication and Information Society Day, Nework, an audiovisual and collaborative solutions provider for education, business, and home, is doubling down on its mission: helping enterprises build more resilient, connected, and future-ready digital workplaces by closing the gap between mobile collaboration ecosystems and traditional desktop productivity environments. Each year, World...
CertifID Launches New Client Experience to Simplify Real Estate Transactions
CertifID Launches New Client Experience to Simplify Real Estate Transactions
May 19, 2026
Nine years after creating the wire fraud prevention category, CertifID expands its mission to protect the entire closing experience AUSTIN, Texas & GRAND RAPIDS, Mich.--(BUSINESS WIRE)-- CertifID, the company that created the wire fraud protection category in real estate, today announced the launch of the CertifID Client Experience, a closing platform that brings every step of a real estate transaction...
Centerbase Selects AvidXchange as the Exclusive Partner to Power Embedded Payments
Centerbase Selects AvidXchange as the Exclusive Partner to Power Embedded Payments
May 19, 2026
CHARLOTTE, N.C., May 19, 2026 (GLOBE NEWSWIRE) -- AvidXchange, a leading provider of accounts payable (AP) automation software and payment solutions for mid-market businesses and their suppliers, today announced that it has been selected by Centerbase, a leading provider of legal practice management software, as the exclusive partner to power embedded payments through its Accounts Payable as a Service solution....
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Nissan Motor to invest auto tech firm ChargeScape
Nissan Motor to invest auto tech firm ChargeScape
Oct 7, 2024
Oct 7 (Reuters) - Japan's Nissan Motor ( NSANF ) will invest an undisclosed amount in a joint venture that connects electric utilities, automakers and electric vehicle drivers using software, it said on Monday. The automaker said it will pick up a 25% stake in ChargeScape, a JV that is presently equally owned by BMW , Ford and Honda (...
Crinetics Pharmaceuticals Insider Sold Shares Worth $785,306, According to a Recent SEC Filing
Crinetics Pharmaceuticals Insider Sold Shares Worth $785,306, According to a Recent SEC Filing
Oct 7, 2024
08:41 AM EDT, 10/07/2024 (MT Newswires) -- Dana Pizzuti, Chief Med and Dev Officer, on October 03, 2024, sold 14,375 shares in Crinetics Pharmaceuticals ( CRNX ) for $785,306. Following the Form 4 filing with the SEC, Pizzuti has control over a total of 28,507 shares of the company, with 28,507 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1658247/000095017024113082/xslF345X05/ownership.xml Price: 54.00, Change:...
Virios Therapeutics Enters Into Definitive Merger Agreement With Wex Pharmaceuticals
Virios Therapeutics Enters Into Definitive Merger Agreement With Wex Pharmaceuticals
Oct 7, 2024
08:39 AM EDT, 10/07/2024 (MT Newswires) -- Virios Therapeutics ( VIRI ) said Monday it has entered into a definitive share exchange agreement to merge with Wex Pharmaceuticals, another subsidiary of CK Life Sciences International, in an all-stock transaction. Virios is a wholly owned subsidiary of CK Life Sciences International, and its indirect parent is Sealbond Ltd., the sole stockholder...
Core Scientific Reports Lower Bitcoin Sales, Production in September
Core Scientific Reports Lower Bitcoin Sales, Production in September
Oct 7, 2024
08:39 AM EDT, 10/07/2024 (MT Newswires) -- Core Scientific ( CORZ ) said Monday it sold 370 bitcoins in September for proceeds of about $22.2 million, down from 375 bitcoins sold for about $22.5 million in August. The company said it earned 345 bitcoins from its owned fleet of miners in September, down from 358 in the previous month. Price:...
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