Preliminary estimates released Friday morning by Eurostat showed that the Eurozone's annual Consumer Price Index (CPI) rose by 2.0% in July, surpassing market expectations of a 1.9% increase and matching the previous reading of 2.0%. Excluding food and energy, core CPI rose by 2.3%, in line with market forecasts and unchanged from the previous reading. These figures highlight persistent inflationary...

The dollar moved toward its strongest weekly performance in nearly three years against major currencies, maintaining its momentum on Friday after President Donald Trump imposed new tariffs on dozens of trade partners. Currencies of heavily impacted countries saw sharp declines, such as Switzerland, which now faces a 39% tariff. The Swiss franc dropped to its lowest level in six weeks,...

The euro rose in European markets on Friday against a basket of major currencies, extending its recovery for a second consecutive session after hitting a two-month low versus the US dollar. The gains were driven by dip-buying at lower levels. This rebound comes ahead of the release of key eurozone inflation data for July, which is expected to shed more...

Aluminum continues to perform strongly despite global economic shifts and regional extraction and refining challenges. On July 25, aluminum prices on the London Metal Exchange climbed to a four-month high, closing the week at $2,656.5 and $2,657 per tonan increase of $10.5 or 0.39%. According to reports, this rise was mainly driven by renewed optimism about Chinese demand, along with...

The CNN Money Fear and Greed index showed an improvement in the overall market sentiment, while the index remained in the “Greed” zone on Wednesday. U.S. stocks settled higher on Wednesday, with the Dow Jones index surging to a record close during the session. Morgan Stanley ( MS ) shares gained 6.5% after the bank topped market estimates for both...

Dow ends at record peak for fourth session in five TSMC gains after forecasting Q4 revenue jump Travelers, Blackstone at record closes after Q3 profit beats Elevance Health ( ELV ) biggest dip in 4.5 years on profit forecast cut Indexes: Dow up 0.37%, S&P 500 down 0.02%, Nasdaq up 0.04% Adds closing prices By David French Oct 17 (Reuters)...

06:47 AM EDT, 10/17/2024 (MT Newswires) -- The most-talked-about stocks in the Reddit subforum Wallstreetbets were mixed hours before Thursday's opening bell. Taiwan Semiconductor Manufacturing ( TSM ) advanced by 8.2% premarket, following a 0.2% increase from the previous session. Taiwan Semiconductor Manufacturing ( TSM ) reported Q3 earnings of 12.54 new Taiwan dollars ($0.39) per diluted share, up from...

With U.S. stock futures trading lower this morning on Thursday, some of the stocks that may grab investor focus today are as follows: Wall Street expects The Travelers Companies, Inc. ( TRV ) to report quarterly earnings at $3.64 per share on revenue of $11.49 billion before the opening bell, according to data from Benzinga Pro. Travelers shares gained 0.9%...

According to Google, the use of artificial intelligence (AI) by developers to build and offer enhanced user experiences emerged as one of the top innovation trends in apps and games. Several of the local developers on the list have even integrated AI into their offerings.

Karnataka Chief Minister Siddaramaiah, this policy revision reflects the Karnataka government's commitment to staying ahead of all and fostering growth in this critical sector.

The initiative, conducted in collaboration with IIT Bombay and the Department of Consumer Affairs (DoCA), aims to assess the application of large language models (LLM) in enhancing the efficiency of India's consumer grievance redressal system.

Over two decades, Google said that it has employed machine learning and AI to enhance products, focusing on language translations, flood forecasts, and agricultural productivity in India.

The new bill exempts registered AYUSH practitioners and people accessing codified traditional knowledge, from sharing benefits with local communities or giving prior intimation to state biodiversity boards before accessing biological resources.

Accusing Kejriwal of being busy with election campaigning in poll-bound states and waking up to the situation late, Minister of State for Consumer Affairs, Food, and Public Distribution, Ashwini Kumar Choubey, said that the Centre had held a meeting with Chief Secretaries and senior officials from four North Indian states on 20th October to discuss measures to reduce air pollution, which he claims weren't adopted by the AAP-led governments.

On Tuesday, the Gehlot government invited bids for both projects to build the dams within the next four years. The chief minister had announced both projects in last year’s budget.

A fire that broke out at the waste treatment plant in Kochi on March 2, 2023, continues to spread toxic fumes even after 11 days of the incident. The Kerala government has said that 95 percent of the fire has been extinguished, but the smoke from the landfill has not entirely subsided. 

06:25 AM EST, 11/08/2024 (MT Newswires) -- National HealthCare ( NHC ) reported Q3 adjusted earnings Friday of $1.27 per diluted share, up from $0.86 a year earlier. Revenue for the quarter ended Sept. 30 was $340.2 million, compared with $288.5 million a year earlier. Analysts' estimates were not readily available for comparison. ...

06:25 AM EST, 11/08/2024 (MT Newswires) -- Trump Media & Technology Group ( DJT ) shares were down more than 4% in Friday's premarket activity after closing down 23% on Thursday. The company founded by President-elect Donald Trump saw its shares soar as the businessman won the election only to have it decline. The company's share price has a history...

06:26 AM EST, 11/08/2024 (MT Newswires) -- BlackRock ( BLK ) is in early talks over a strategic partnership with Millennium Management, potentially including BlackRock's ( BLK ) acquisition of a minority stake in the latter, according to multiple media reports published Thursday. Sources told Bloomberg News that talks are still at a preliminary level and could still fall through....

PARIS, Nov 8 (Reuters) - Cartier owner Richemont plans to stick to its cautious approach to raising prices of jewellery despite the soaring price of gold in recent months, and has no plans yet for price increases in the upcoming months, executives said on Friday. We've been extremely cautious at maintaining the actual activity of our retail pricing on the...

XRP is seeing increased volatility, which has culminated in a dramatic wick down to a double bottom near $2.70 at the end of its consolidation phase. Analysts note that such sharp moves are typical at consolidation endpoints and often signal an imminent trend shift. The current pattern remains valid within a Wave 2 count, provided the $2.70 level holds; any...

TL;DR A lesser-known cryptocurrency printed a massive green candle after receiving support from some of the industrys giants. DEEP and AVNT are other altcoins that have previously jumped due to the same reason. The Impressive Pump FLUID the cryptocurrency of the DeFi protocol Fluid registered a staggering 55% price increase over the last 24 hours. It briefly soared to $8.60,...

Whales have been steadily accumulating Aster (ASTER), with large holders purchasing more than $48 million worth of the token in just the past 24 hours. The project has also gained backing from prominent figures in the crypto space, including former Binance CEO Changpeng Zhao (CZ). Whales and Experts Are Stacking Up ASTER On-chain analytics platform Lookonchain shared via X that...

TL;DR AI chatbots are rather pessimistic that PI can reach such a milestone in the remaining months of the year. However, certain factors, such as a potential listing on Binance, may increase the likelihood. Further Gains Incoming? Pi Networks native cryptocurrency, which recently plunged to a new all-time low, has soared by 5% in the past 24 hours and currently...