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US dollar inches up but still heads towards weekly loss
US dollar inches up but still heads towards weekly loss
Aug 8, 2025
The US dollar rose slightly on Friday but was on track for a weekly decline after US President Donald Trump's interim pick for a Federal Reserve Board member sparked expectations of a dovish successor to Jerome Powell when his term ends. The yen slipped slightly against the dollar, which dropped 0.31% to 147.560 yen. The dollar rose 0.25% against the...
What is the impact of Trump's threat to impose 100% tariffs on global chipmakers?
What is the impact of Trump's threat to impose 100% tariffs on global chipmakers?
Aug 8, 2025
On Wednesday, US President Donald Trump announced that the United States would impose a 100% tariff on imported semiconductor chips unless companies make a formal commitment to build or expand production facilities within the US. The move aims to restructure the global semiconductor supply chain by encouraging domestic manufacturing. Major companies like Apple which recently pledged over $100 billion in...
Euro approaches two-week high as dollar weakens
Euro approaches two-week high as dollar weakens
Aug 11, 2025
The euro rose in the European market on Monday against a basket of global currencies, resuming gains that had temporarily paused on Friday against the US dollar, approaching again its highest level in two weeks, supported by the weak performance of the US currency in the foreign exchange market. Expectations for a European interest rate cut in September have declined...
Yen moves in a positive zone as the week opens up
Yen moves in a positive zone as the week opens up
Aug 11, 2025
The Japanese yen rose in the Asian market on Monday at the start of the weeks trading against a basket of global currencies, approaching again its highest levels in two weeks against the US dollar, as markets await the release of more economic data and comments that could provide strong evidence on the path of Japanese interest rates this year....
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Sector Update: Energy
Sector Update: Energy
Jun 18, 2026
09:08 AM EDT, 06/18/2026 (MT Newswires) -- Energy stocks were declining premarket Thursday, with the State Street Energy Select Sector SPDR ETF (XLE) down 0.8%. The United States Oil Fund (USO) was down 1.6% and the United States Natural Gas Fund (UNG) was 0.9% lower. Front-month US West Texas Intermediate crude oil was 2.3% lower at $74.99 per barrel at...
Sector Update: Tech
Sector Update: Tech
Jun 18, 2026
08:57 AM EDT, 06/18/2026 (MT Newswires) -- Technology stocks were rising pre-bell Thursday, with the State Street Technology Select Sector SPDR Fund (XLK) 2.3% higher and the State Street SPDR S&P Semiconductor ETF (XSD) advancing by 3.7%. Intel ( INTC ) shares were up more than 8% after President Donald Trump said Apple ( AAPL ) has agreed to work...
Sector Update: Health Care
Sector Update: Health Care
Jun 18, 2026
09:02 AM EDT, 06/18/2026 (MT Newswires) -- Healthcare stocks were advancing premarket Thursday, with the State Street Health Care Select Sector SPDR ETF (XLV) up 0.2% and the iShares Biotechnology ETF (IBB) 0.5% higher. Denali Therapeutics ( DNLI ) stock was up 1.8% after the company said it has signed an agreement to sell its rare pediatric disease priority review...
Exchange-Traded Funds, Equity Futures Higher Pre-Bell Thursday as Interim US-Iran Deal Lifts Risk Sentiment
Exchange-Traded Funds, Equity Futures Higher Pre-Bell Thursday as Interim US-Iran Deal Lifts Risk Sentiment
Jun 18, 2026
08:57 AM EDT, 06/18/2026 (MT Newswires) -- The broad market exchange-traded fund SPDR S&P 500 ETF Trust (SPY) was up 0.4%, and the actively traded Invesco QQQ Trust (QQQ) advanced 1.3% in Thursday's premarket activity, as investors welcomed an interim US-Iran agreement that reduced concerns about disruptions to global energy supplies. US stock futures were also higher, with S&P 500...
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Saudi wealth fund PIF to sell further stake in STC in potential $1.1 billion deal
Saudi wealth fund PIF to sell further stake in STC in potential $1.1 billion deal
Nov 13, 2024
DUBAI, Nov 13 (Reuters) - Saudi Arabia's sovereign wealth fund PIF has hired Goldman Sachs and Saudi National Bank to sell around a 2% stake in the country's telecom group STC in a deal that could raise up to $1.1 billion, according to a statement from the banks. The price of the shares will be determined through an accelerated book...
Earnings Preview: Globant
Earnings Preview: Globant
Nov 13, 2024
Globant ( GLOB ) is gearing up to announce its quarterly earnings on Thursday, 2024-11-14. Here's a quick overview of what investors should know before the release. Analysts are estimating that Globant ( GLOB ) will report an earnings per share (EPS) of $1.62. The market awaits Globant's ( GLOB ) announcement, with hopes high for news of surpassing estimates...
Investigating Microsoft's Standing In Software Industry Compared To Competitors
Investigating Microsoft's Standing In Software Industry Compared To Competitors
Nov 13, 2024
Amidst the fast-paced and highly competitive business environment of today, conducting comprehensive company analysis is essential for investors and industry enthusiasts. In this article, we will delve into an extensive industry comparison, evaluating Microsoft ( MSFT ) in comparison to its major competitors within the Software industry. By analyzing critical financial metrics, market position, and growth potential, our objective is...
Where TeraWulf Stands With Analysts
Where TeraWulf Stands With Analysts
Nov 13, 2024
Throughout the last three months, 8 analysts have evaluated TeraWulf ( WULF ) , 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 5 3 0 0...
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Toyota considers investing in potential $42 billion buyout of key supplier
Toyota considers investing in potential $42 billion buyout of key supplier
May 25, 2025
By Maki Shiraki and Makiko Yamazaki TOKYO, April 27 (Reuters) - Toyota Motor ( TM ) said it is exploring the possibility of investing in a potential buyout of key parts supplier Toyota Industries ( TYIDF ) - a buyout that reportedly could cost $42 billion. We are currently exploring various possibilities, including partial investment, the automaker said in a...
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,...
From rubber ducks to 401(k)s, Trump voters feel tariff pain but most see long-term gain
From rubber ducks to 401(k)s, Trump voters feel tariff pain but most see long-term gain
May 25, 2025
(Reuters) -President Donald Trump's April 9 decision to hike tariffs on China hit as Steve Egan, a promotional product distributor in Tampa, Florida, was in the middle of ordering 5,000 rubber ducks from a Chinese vendor. The ducks were for a local non-profit that wanted to hand them out at parades and special events. Overnight, the ducks' cost jumped from...
Japan is a test case for Trump's tariff deals. But talks may be tortuous
Japan is a test case for Trump's tariff deals. But talks may be tortuous
May 25, 2025
TOKYO/WASHINGTON (Reuters) -When Tokyo's top trade negotiator met U.S. President Donald Trump for tariff talks at the White House earlier this month, he presented him with a gold-coloured piggy bank.     One detail, seemingly unnoticed by those in the room, is that the gift was made in China, the focal point for Trump's sweeping trade war that has engulfed Japan...
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