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Yen skids to three-month trough as Japanese governing coalition loses majority
Yen skids to three-month trough as Japanese governing coalition loses majority
Oct 28, 2024
The Japanese yen skidded in Asian trade on Monday to three-month lows against the US dollar, after the election loss by the current Japanese parliamentary governing coalition, which could impede future interest rate hikes by the Bank of Japan. The yen is also pressured by a surge in US 10-year treasury yields, amid speculation about a cautious stance by the...
Yen skids to three-month low as the gap in treasury yields widens
Yen skids to three-month low as the gap in treasury yields widens
Oct 26, 2024
The yen fell in European trade on Wednesday against a basket of major rivals, sharpening the losses for the third straight session against the US dollar and hitting three-month lows amid concerns about a wider US-Japan gap in government treasury yields. Recent bearish remarks from Japanese officials hurt the odds of a third BOJ interest rate hike this year, while...
Euro hits one-week high ahead of German inflation data
Euro hits one-week high ahead of German inflation data
Oct 30, 2024
Euro rose in European trade on Wednesday on track for the third profit in a row against the US dollar, hitting a week high after data showed Spanish inflation rose past estimates in October, renewing the pressure on the European Central Bank. The odds of a 0.25% ECB interest rate cut in December dipped, with investors now waiting for official...
US dollar heads for fresh weekly profit
US dollar heads for fresh weekly profit
Oct 26, 2024
The US dollar rose in European trade on Friday against a basket of major rivals, resuming gains after a short hiatus, and approaching three-month highs once more. The gains come amid a surge in US 10-year treasury yields after bullish remarks from some Fed officials, and strong US data, which hurt the odds of an aggressive pace for US interest...
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Nasdaq Down Over 100 Points; US Wholesale Inventories Rise By 0.2%
Nasdaq Down Over 100 Points; US Wholesale Inventories Rise By 0.2%
Dec 9, 2024
U.S. stocks traded lower this morning, with the Nasdaq Composite falling more than 100 points on Monday. Following the market opening Monday, the Dow traded down 0.18% to 44,562.45 while the NASDAQ fell 0.68% to 19,724.61. The S&P 500 also fell, dropping, 0.51% to 6,059.08. Check This Out: Tesla To $370? Here Are 10 Top Analyst Forecasts For Monday Leading...
US wholesale inventories rebound marginally in October
US wholesale inventories rebound marginally in October
Dec 9, 2024
WASHINGTON, Dec 9 (Reuters) - U.S. wholesale inventories rebounded moderately in October amid a small rise in stocks of long-lasting manufactured goods. The Commerce Department's Census Bureau said on Monday that wholesale inventories increased 0.2% as estimated last month. Stocks at wholesalers fell 0.2% in September. Economists polled by Reuters had expected that the gain in inventories, a key part...
US STOCKS-Techology stocks pull down Wall Street ahead of inflation data
US STOCKS-Techology stocks pull down Wall Street ahead of inflation data
Dec 9, 2024
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Nvidia ( NVDA ) falls after Chinese regulator launches antitrust probe * Hershey jumps after report Mondelez ( MDLZ ) exploring acquisition of co * Indexes down: Dow 0.22%, S&P 500 0.44%, Nasdaq 0.48% (Updates with mid-session trading) By...
US Equity Indexes Decline in Midday Trading
US Equity Indexes Decline in Midday Trading
Dec 9, 2024
12:30 PM EST, 12/09/2024 (MT Newswires) -- US equity indexes fell amid declines in the communication services sector, while investors consolidated ahead of inflation-related reports this week. The S&P 500 fell 0.4% to 6,066.1, with the Nasdaq Composite down 0.5% to 19,765.2 and the Dow Jones Industrial Average was 0.2% lower at 44,573.3 after midday Monday. The S&P 500 and...
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Inquiry Into Apple's Competitor Dynamics In Technology Hardware, Storage & Peripherals Industry
Inquiry Into Apple's Competitor Dynamics In Technology Hardware, Storage & Peripherals Industry
Nov 5, 2024
In today's rapidly changing and fiercely competitive business landscape, it is vital for investors and industry enthusiasts to carefully evaluate companies. In this article, we will perform a comprehensive industry comparison, evaluating Apple ( AAPL ) against its key competitors in the Technology Hardware, Storage & Peripherals industry. By analyzing important financial metrics, market position, and growth prospects, we aim...
Nintendo Switch software to be playable on successor device
Nintendo Switch software to be playable on successor device
Nov 5, 2024
TOKYO (Reuters) - Nintendo President Shuntaro Furukawa said on Wednesday that software for the company's Switch console would be playable on the successor device. The Kyoto-based gaming company has said it plans to make an announcement about a successor device during the financial year ending March 2025 but has not provided further details. Nintendo Switch is currently being played with...
What 5 Analyst Ratings Have To Say About Hackett Group
What 5 Analyst Ratings Have To Say About Hackett Group
Nov 5, 2024
Across the recent three months, 5 analysts have shared their insights on Hackett Group ( HCKT ) , expressing a variety of opinions spanning from bullish to bearish. In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months. Bullish Somewhat Bullish Indifferent...
Forecasting The Future: 12 Analyst Projections For Intapp
Forecasting The Future: 12 Analyst Projections For Intapp
Nov 5, 2024
Intapp ( INTA ) has been analyzed by 12 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish. The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total...
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Cups are disposable, the environment is not: Starbucks’ green realisation
Cups are disposable, the environment is not: Starbucks’ green realisation
Sep 16, 2023
For the last several years, Starbucks has been testing different kinds of plastics. In 2019, the company went to a straw less lid, eliminating a good amount of plastic. By the end of 2023, the goal is to reduce by 15 percent the amount of material in each cup.
SJVN secures 200-MW wind power project at ₹3.24 per unit
SJVN secures 200-MW wind power project at ₹3.24 per unit
Nov 16, 2023
Projected to generate 482 million units in its inaugural year post-commissioning, the cumulative energy generation over a 25-year span is anticipated to reach 12,050 million units. Shares of SJVN Ltd ended at ₹75.17, down by ₹0.50, or 0.66%, on the BSE.
This sustainable jewellery brand is luring some women away from gold
This sustainable jewellery brand is luring some women away from gold
Oct 30, 2023
Aulerth's offerings range from ₹5,000 to as high as ₹2.8 lakh. Are women willing to spend this much on jewellery made from scrap? Founder and CEO Vivek Ramabhadran definitely believes so. Aulerth produces couture-inspired pieces in association with designers like JJ Valaya, Suneet Varma, among others. It has reported 33% repeat customers in the past year and expects a spike to 40% soon.
Suzlon's S144–3 MW wind turbines get big boost from Indian government
Suzlon's S144–3 MW wind turbines get big boost from Indian government
Nov 15, 2023
Th Suzlon wind turbines received the RLMM (Revised List of Models & Manufacturers) listing from the Ministry of New and Renewable Energy, marking an important milestone for the successful commercialisation of the product. Shares of Suzlon Energy Ltd ended at ₹40.49, up by ₹1.85, or 4.79%, on the BSE.
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Super Bullish News for Ethereum Holders: Is an ETH Surge Imminent?
Super Bullish News for Ethereum Holders: Is an ETH Surge Imminent?
Mar 20, 2025
TL;DR Ethereum remained one of the altcoins that failed to chart a new all-time high during the most recent bull cycle and now stands 50% away from its local peak. However, ETH holders have continuously removed the number of tokens sitting on exchanges, which could suggest that a price rally could finally be around the corner. ETH on Exchanges Diminishes...
Bitcoin Futures Open Interest Takes a Hit – Down 35% in 2 Months (Glassnode)
Bitcoin Futures Open Interest Takes a Hit – Down 35% in 2 Months (Glassnode)
Mar 21, 2025
Since bitcoin (BTC) hit its all-time high (ATH) of $109,000 in mid-January, the leading cryptocurrency has plummeted by roughly 30%. This decline has extended beyond the asset’s price to the network’s open interest. According to data analyzed by the market intelligence platform Glassnode, Bitcoin Futures open interest is seeing a significant decline in speculation and hedging activity. This market has...
They Knew? These Wallets Loaded Up on XRP Before Ripple’s SEC Win
They Knew? These Wallets Loaded Up on XRP Before Ripple’s SEC Win
Mar 21, 2025
Earlier this week, Ripple CEO Brad Garlinghouse made the groundbreaking announcement that the SEC has decided to drop its appeal against the latest developments on the lawsuit, which he said means the case is now over. The statement had a dramatic and immediate effect on XRPs price, even though the asset has calmed since then. But did some XRP investors...
South Korean Prosecutors Raid Bithumb HQ Over Fund Misuse Allegations
South Korean Prosecutors Raid Bithumb HQ Over Fund Misuse Allegations
Mar 20, 2025
South Korean prosecutors have launched an investigation into Bithumb over allegations that company funds were misused to purchase an apartment for its former CEO. The Seoul Southern District Prosecutors Office conducted a search and seizure operation on March 20 at the company’s headquarters in Yeoksam-dong, Seoul. The Alleged Purchase According to local media reports, Bithumb provided 3 billion won ($2.2...
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