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Yen gives up four-week high on profit-taking
Yen gives up four-week high on profit-taking
Sep 10, 2025
The Japanese yen fell in the Asian market on Wednesday against a basket of major and minor currencies, giving up its highest level in four weeks against the US dollar, as correction and profit-taking activity picked up, in addition to the continued recovery of the US currency ahead of key US inflation data. Reports indicated that the Bank of Japan...
Euro rises cautiously before ECB decisions
Euro rises cautiously before ECB decisions
Sep 11, 2025
The euro rose at the opening of the European market on Thursday against a basket of global currencies, resuming gains after two days of losses against the US dollar, moving toward a seven-week high. However, the rise remains limited amid ongoing geopolitical tensions in Eastern Europe. Ahead of the European Central Banks monetary policy decisions later today, interest rates are...
Aussie hovers near 10-month high on commodity demand
Aussie hovers near 10-month high on commodity demand
Sep 11, 2025
The Australian dollar rose in the Asian market on Thursday against a basket of global currencies, maintaining gains for the second consecutive day against its US counterpart, trading near the ten-month high recorded in earlier dealings yesterday. This rise came on the back of higher commodity and base metal prices in global markets. The Australian dollars gains were also supported...
Euro backs off seven-week peak before ECB meeting
Euro backs off seven-week peak before ECB meeting
Sep 10, 2025
The euro fell in the European market on Wednesday against a basket of global currencies, extending losses for the second consecutive day against the US dollar, moving away from a seven-week high, as correction and profit-taking activity continued, in addition to the rebound of the US currency amid easing concerns over Federal Reserve stability. Later today, the European Central Bank...
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What's Going On With Seagate Technology Stock Wednesday?
What's Going On With Seagate Technology Stock Wednesday?
May 25, 2025
Seagate Technology Holdings PLC ( STX ) shares traded higher on Wednesday. The company reported third-quarter earnings on Tuesday after the market closed. What To Know: Seagate ( STX ) reported adjusted earnings per share of $1.90, missing the analyst estimate of $2.09. In addition, the company reported sales of $2.16 billion, missing the analyst estimate of $2.31 billion. It...
EBay beats quarterly revenue estimates
EBay beats quarterly revenue estimates
May 25, 2025
April 30 (Reuters) - E-commerce firm eBay ( EBAY ) beat market expectations for quarterly revenue on Wednesday, bolstered by stable demand for products such as collector's items and refurbished goods. The company reported first-quarter revenue of $2.59 billion, compared to analysts' average estimate of $2.55 billion, according to data compiled by LSEG. ...
Meta beats estimates for first-quarter revenue
Meta beats estimates for first-quarter revenue
May 25, 2025
(Reuters) - Meta Platforms ( META ) beat Wall Street estimates for first-quarter revenue on Wednesday, signaling that its artificial intelligence-powered tools helped pull in advertising dollars despite tariff-related economic growth fears. Shares of the company were up nearly 3% in extended trading. The social media company reported revenue of $42.31 billion for the first quarter, compared with analysts' average estimate...
Robinhood quarterly profit jumps on crypto trading surge
Robinhood quarterly profit jumps on crypto trading surge
May 25, 2025
(Reuters) - Robinhood reported a rise in first-quarter profit on Wednesday, helped by robust crypto trading volumes from clients looking to hedge their positions. The retail trading platform's net income attributable to common stockholders came in at $336 million, or 37 cents per share, in the three months ended March 31. That compares to a profit of $157 million, or...
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ETH Outpaces BTC in Long
ETH Outpaces BTC in Long
Dec 30, 2024
Long-term holding trends in the crypto market have taken an intriguing turn this year as Ethereum surpassed Bitcoin in retaining such investors. Despite Bitcoins 122% surge compared to Ethereums 48% growth in the past year, the increase in the long-term holders of the latter highlighted rising market confidence as 2025 approaches. Ethereum Shows Stronger Long-Term Holder Retention According to IntoTheBlock...
A16z Joins Legal Fight Against Treasury and IRS Over DeFi Rules
A16z Joins Legal Fight Against Treasury and IRS Over DeFi Rules
Dec 30, 2024
Michele Korver, head of regulation at Andreessen Horowitzs blockchain arm, A16z Crypto, has voiced strong opposition to the US Treasury and IRSs newly issued broker reporting rule. In an official statement, she claims that it jeopardizes the future of decentralized finance (DeFi) innovation in the United States. Treasurys Midnight Reporting Rule Lambasted In a December 30 tweet, Korver outlined A16zs...
Sky (MakerDAO) Hits New Highs in Fees and Revenue
Sky (MakerDAO) Hits New Highs in Fees and Revenue
Dec 30, 2024
December has been a breakthrough month for MakerDAO, with data from the decentralized finance (DeFi) analytics platform DeFiLlama showing it set new records in fees and revenues. According to the data, MakerDAO reached a peak of $40.86 million in fees, a key metric of user activity, and $26.77 million in revenue, reflecting retained earnings, between December 1 and December 31....
Grayscale Updates Top 20 Altcoin List for Q1 2025 with These 6 New Additions
Grayscale Updates Top 20 Altcoin List for Q1 2025 with These 6 New Additions
Dec 30, 2024
Grayscale Research has updated its top 20 altcoin list for the first quarter of 2025, adding six new digital assets. The list highlights cryptocurrencies the company believes demonstrate strong potential for the upcoming quarter. The Six Tokens According to the December 30 report, this update emphasizes tokens linked to three primary market themes: the U.S. election and its potential regulatory...
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