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US dollar extends losses to five-week trough on US debt concerns
US dollar extends losses to five-week trough on US debt concerns
May 26, 2025
The US dollar fell in European trade on Monday against a basket of major rivals, hitting a five-week trough amid concerns about the US debt levels. Now investors await important remarks by several Fed officials as they look for more clues on the odds of multiple Fed rate cuts this year. The Index The dollar index fell 0.4% to 98.69,...
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...
How does the Fed react to Trump's trade war?
How does the Fed react to Trump's trade war?
May 27, 2025
The Federal Reserve warned against increasing economic risks when it decided to hold interest rates unchanged in May. Fed Chair Jerome Powell focused on uncertainty for the worlds largest economy following Trumps aggressive tariff decisions during his post-Fed meeting speech this month. Now markets expect two interest rate cuts overall this year, with some even thinking that this is overly...
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...
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T-Mobile US's Options: A Look at What the Big Money is Thinking
T-Mobile US's Options: A Look at What the Big Money is Thinking
Mar 6, 2024
Deep-pocketed investors have adopted a bearish approach towards T-Mobile US ( TMUS ) , and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in TMUS usually suggests something big is about to happen. We gleaned this information...
A Closer Look at 4 Analyst Recommendations For Riskified
A Closer Look at 4 Analyst Recommendations For Riskified
Mar 6, 2024
During the last three months, 4 analysts shared their evaluations of Riskified ( RSKD ) , revealing diverse outlooks from bullish to bearish. 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 0 1 3 0 0...
Market Whales and Their Recent Bets on LRCX Options
Market Whales and Their Recent Bets on LRCX Options
Mar 6, 2024
Deep-pocketed investors have adopted a bullish approach towards Lam Research ( LRCX ) , and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in LRCX usually suggests something big is about to happen. We gleaned this information...
Analyst Expectations For Viavi Solutions's Future
Analyst Expectations For Viavi Solutions's Future
Mar 6, 2024
4 analysts have expressed a variety of opinions on Viavi Solutions ( VIAV ) over the past quarter, offering a diverse set of opinions from bullish to bearish. 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...
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Prada buys Versace to create Italian fashion powerhouse
Prada buys Versace to create Italian fashion powerhouse
Apr 10, 2025
MILAN, April 10 (Reuters) - Prada struck a deal on Thursday to buy smaller rival Versace from Capri Holdings ( CPRI ) for $1.375 billion, which includes its debt, in a move that unites two of the biggest names in Italian fashion. Prada is seeking to expand, having defied a slowdown in luxury demand, while Versace has been operating at...
NeOnc Technologies Appoints Executive Chairman Amir Heshmatpour as President
NeOnc Technologies Appoints Executive Chairman Amir Heshmatpour as President
Apr 10, 2025
09:02 AM EDT, 04/10/2025 (MT Newswires) -- NeOnc Technologies Holdings ( NTHI ) said Thursday it has appointed Executive Chairman Amir Heshmatpour as its president. Heshmatpour will retain his role as executive chairman, the company said. Heshmatpour is the founder, chairman, and managing director of AFH Holdings & Advisory, NeOnc Technologies ( NTHI ) added. ...
AI networking chip startup nEye Systems raises $58 million, led by Alphabet's CapitalG fund 
AI networking chip startup nEye Systems raises $58 million, led by Alphabet's CapitalG fund 
Apr 10, 2025
SAN FRANCISCO, April 10 (Reuters) - NEye Systems, a startup developing a new kind of networking chip for artificial intelligence data centers, on Thursday raised $58 million in venture financing in a round led by CapitalG, a growth-stage fund backed by Alphabet. Emeryville, California-based nEye is developing a chip that taps optical technology to send information between AI chips in...
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,...
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Grayscale Launches New Fund Targeting Decentralized AI Protocols
Grayscale Launches New Fund Targeting Decentralized AI Protocols
Jul 17, 2024
The prominent crypto asset manager announced the launch of the Grayscale Decentralized AI Fund LLC on July 17th, which aims to offer investors exposure to protocols in the rapidly evolving artificial intelligence sector within the crypto ecosystem. The fund will rebalance quarterly and currently features a basket of decentralized artificial intelligence (AI) crypto protocols, such as Bittensor (TAO), Filecoin (FIL),...
Nansen’s New Dashboard Reveals Aptos’s Dramatic Rise in Transactions and Developer Activity
Nansen’s New Dashboard Reveals Aptos’s Dramatic Rise in Transactions and Developer Activity
Jul 17, 2024
The Aptos ecosystem has experienced remarkable growth this year. According to the official press release shared with CryptoPotato, the number of active addresses on the Aptos blockchain has more than doubled, increasing from 77,382 on January 16th to 186,685 by July 8th. Aptos User Growth As per data on the new Nansens Aptos Growth Dashboard, May 2024 was especially significant...
Craig Wright Finally Admits That He Isn’t Satoshi Nakamoto
Craig Wright Finally Admits That He Isn’t Satoshi Nakamoto
Jul 17, 2024
Dr. Craig S Wright – the man who claimed for years to be Satoshi Nakamoto – has formally admitted that he is not, in fact, Bitcoin’s creator. “Dr. Craig Steven Wright is not Satoshi Nakamoto,” wrote the computer scientist in a Wednesday tweet. Wright followed with a summary of the England and Wales High Court ruling about his identity earlier...
Big Binance Announcement for Shiba Inu (SHIB) and Dogecoin (DOGE) Traders: Details
Big Binance Announcement for Shiba Inu (SHIB) and Dogecoin (DOGE) Traders: Details
Jul 17, 2024
TL;DR Binance introduced a special initiative, where eligible meme coin traders join teams to complete missions and accumulate points for rewards. The company has supported numerous meme coins in the past several months, adding certain trading pairs to its platform. Battle of the Meme The worlds largest cryptocurrency exchange Binance introduced an interesting initiative called Battle of the meme: Doge...
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