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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...
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...
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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Exchange-Traded Funds, Equity Futures Edge Lower Pre-Bell Friday Ahead of Business Activity Data
Exchange-Traded Funds, Equity Futures Edge Lower Pre-Bell Friday Ahead of Business Activity Data
Nov 22, 2024
08:30 AM EST, 11/22/2024 (MT Newswires) -- The broad market exchange-traded fund SPDR S&P 500 ETF Trust ( SPY ) was down 0.1% and the actively traded Invesco QQQ Trust (QQQ) slipped 0.2% in Friday's premarket activity, ahead of business activity data due later in the day. US stock futures were also lower, with S&P 500 Index futures retreating 0.1%,...
Sector Update: Tech
Sector Update: Tech
Nov 22, 2024
08:45 AM EST, 11/22/2024 (MT Newswires) -- Technology stocks were steady premarket Friday, with the SPDR S&P Semiconductor ETF (XSD) inactive and The Technology Select Sector SPDR Fund (XLK) up 0.1%. EchoStar ( SATS ) shares were down more than 3% after its subsidiary Dish TV's proposed merger with rival DirecTV fell apart over a failed bond-exchange offer. ...
Rouble slumps to over two-year low on new sanctions, geopolitical tension
Rouble slumps to over two-year low on new sanctions, geopolitical tension
Nov 22, 2024
* Russian rouble hits weakest vs dollar since March 2022 * New U.S. sanctions on Gazprombank hurt Russian exports * Geopolitical risk high after Russia fires new missile (Updates prices at 1331 GMT, rewrites throughout, adds bullets) MOSCOW, Nov 22 (Reuters) - The Russian rouble tumbled to a more than two-year low against the dollar on Friday after Washington imposed...
Traders Eye Business Activity Data, Stifling US Equity Futures Pre-Bell
Traders Eye Business Activity Data, Stifling US Equity Futures Pre-Bell
Nov 22, 2024
08:51 AM EST, 11/22/2024 (MT Newswires) -- US equity futures were flat before Friday's opening bell ahead of business activity data. Dow Jones Industrial Average futures were flat, S&P 500 futures declined 0.1%, and Nasdaq futures were down 0.2%. Oil prices were lower, with front-month global benchmark North Sea Brent crude down 0.5% at $73.85 per barrel and US West...
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China's Jan-Feb imports and exports beat forecasts, signals global trade rebound
China's Jan-Feb imports and exports beat forecasts, signals global trade rebound
Mar 6, 2024
BEIJING, March 7 (Reuters) - China's export and import growth in the January-February period beat forecasts, suggesting global trade is turning a corner in an encouraging signal for policymakers as they try to shore up a stuttering economic recovery. China's improved export data joins those of South Korea and Germany, and Taiwan, who all saw their shipments top expectations over...
Unity Spices Up Mazda's In-Cabin Car Experience - Plans To Showcase Real-time 3D Tech For Automotive Manufacturers
Unity Spices Up Mazda's In-Cabin Car Experience - Plans To Showcase Real-time 3D Tech For Automotive Manufacturers
Mar 7, 2024
Unity Software Inc. ( U ) inked a new partnership with Mazda Motor Corp. ( MZDAF ) (OTC:MZDAF) to develop a next-generation in-cabin car experience that will deliver a seamless on-road experience for drivers. Mazda’s collaboration aims to enhance cockpit HMI with a new GUI, set for models from 2025-2027 under its 2030 Management Policy. Over the past five years, Unity has seen several...
China's Jan-Feb imports and exports beat forecasts, signals global trade rebound
China's Jan-Feb imports and exports beat forecasts, signals global trade rebound
Mar 6, 2024
BEIJING (Reuters) -China's export and import growth in the January-February period beat forecasts, suggesting global trade is turning a corner in an encouraging signal for policymakers as they try to shore up a stuttering economic recovery. China's improved export data joins those of South Korea and Germany, and Taiwan, who all saw their shipments top expectations over the first two...
What Analysts Are Saying About ARM Holdings Stock
What Analysts Are Saying About ARM Holdings Stock
Mar 7, 2024
In the latest quarter, 14 analysts provided ratings for ARM Holdings ( ARM ) , showcasing a mix of bullish and bearish perspectives. The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 6...
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--New York Mortgage Trust Keeps Quarterly Dividend at $0.20 a Share, Payable Oct. 28 to Holders of Record Sept. 30
--New York Mortgage Trust Keeps Quarterly Dividend at $0.20 a Share, Payable Oct. 28 to Holders of Record Sept. 30
Sep 27, 2024
04:45 PM EDT, 09/19/2024 (MT Newswires) -- Price: 6.71, Change: -0.14, Percent Change: -2.04 ...
Sinclair Boosts Q3 Advertising Revenue Guidance on Strong Political Revenue
Sinclair Boosts Q3 Advertising Revenue Guidance on Strong Political Revenue
Sep 27, 2024
04:49 PM EDT, 09/19/2024 (MT Newswires) -- Sinclair (SBGI) said late Thursday it is increasing its total advertising revenue guidance for Q3 to between $425 million and $438 million to reflect strong political advertising revenue. The company said it previously expected total advertising revenue for the quarter of $401 million to $428 million. Sinclair raised its Q3 political advertising revenue...
Rezolute Fiscal Q4 Net Loss Widens; Shares Rise After-Hours
Rezolute Fiscal Q4 Net Loss Widens; Shares Rise After-Hours
Sep 27, 2024
05:09 PM EDT, 09/19/2024 (MT Newswires) -- Rezolute ( RZLT ) reported fiscal Q4 net loss late Thursday of $0.44 per diluted share, widening from a loss of $0.25 a year earlier. Analysts polled by Capital IQ expected a loss of $0.32. The late-stage drugmaker said its cash, cash equivalents and investments in marketable securities as of June 30 were...
FedEx First-Quarter Results Unexpectedly Fall Amid Demand Headwinds, Cuts Full-Year Outlook
FedEx First-Quarter Results Unexpectedly Fall Amid Demand Headwinds, Cuts Full-Year Outlook
Sep 27, 2024
04:52 PM EDT, 09/19/2024 (MT Newswires) -- FedEx's ( FDX ) fiscal first-quarter results unexpectedly declined year-over-year as the parcel delivery company grappled with weak demand trends. Adjusted per-share earnings declined to $3.60 in the three months ended Aug. 31 from $4.55 a year earlier. The Capital IQ-polled consensus was for an increase to $4.77. Revenue fell to $21.6 billion...
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Bitcoin Standard Author Challenges Michael Saylor: Should Banks Offer Yield On Your BTC?
Bitcoin Standard Author Challenges Michael Saylor: Should Banks Offer Yield On Your BTC?
Sep 18, 2024
Two of Bitcoin’s pre-eminent thought leaders are at odds with each other as to whether banks can – or should – provide sustainable yield on their customers’ BTC deposits. Michael Saylor – executive chairman of MicroStrategy, the world’s largest corporate Bitcoin owner – said in a recent podcast appearance that Bitcoin could become a form of “perfected capital” that also...
3 Vital Rules for People About to Enter the Crypto Market
3 Vital Rules for People About to Enter the Crypto Market
Sep 18, 2024
TL;DR The cryptocurrency industry may be intriguing, but one should enter the ecosystem with caution. A well-known analyst advised beginners to avoid new token launches, focus on projects with large communities, and observe how assets handle significant price drops. Follow These Steps The cryptocurrency sector keeps evolving, with the total share of investors gradually increasing in the past years. Statistas...
Congressman Tom Emmer Calls for Clarity on Crypto Airdrops
Congressman Tom Emmer Calls for Clarity on Crypto Airdrops
Sep 18, 2024
On Sept. 17, Minnesota Representative Tom Emmer wrote with House Financial Services Committee Chairman Patrick McHenry to SEC Chair Gary Gensler requesting clarity on whether crypto airdrops are securities transactions. “Under Chairman Gensler’s tenure, the SEC has put its thumb on the scale and prevented Americans from shaping the next iteration of the internet,” he said. The Congressman added that...
Bitcoin Price Analysis: The Fed Cut Rates, Now What’s Next for BTC?
Bitcoin Price Analysis: The Fed Cut Rates, Now What’s Next for BTC?
Sep 18, 2024
Bitcoin’s price finally looks set to break back above the $60K level after weeks of consolidation. However, there is still one more key resistance level that the price needs to overcome. Technical Analysis By: Edris Derakhshi (TradingRage) The Daily Chart On the daily timeframe, Bitcoin’s price is demonstrating a willingness to finally break above the $60K resistance level, following its...
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