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Aussie drops after wages data
Aussie drops after wages data
May 25, 2025
The Australian dollar fell against most major rivals on Wednesday following labor data. Australian wages rose 0.9% in the first quarter of the year, above estimates of 0.8%. On trading, the AUD/USD pair rose 0.7% as of 20:56 GMT to 0.6428. Loonie The Canadian dollar fell 0.3% against the greenback as of 20:56 GMT to $0.7155. The US Dollar The...
Aussie rallies to five-month high after Labor's election win
Aussie rallies to five-month high after Labor's election win
May 25, 2025
The Australian dollar rallied in Asian trade on Monday to a five-month high against the US dollar, expanding gains for the second straight session and on track towards 65 cents. It comes after a historic win by the governing Labor Party, which bolsters the governments position towards growing global trade risks from Trumps tariffs. The Price The AUD/USD price rose...
Aussie moves in a positive zone after inflation data
Aussie moves in a positive zone after inflation data
May 25, 2025
The Australian dollar rose in Asian trade on Wednesday against the US dollar after a short hiatus yesterday, with the pair heading towards four-month high and about to mark the second monthly profit in a row. Earlier Sydney data showed inflationary pressures remained persistent on monetary policymakers, casting doubts on the odds of an Australian interest rate cut in May....
Aussie hits one-week high after strong wages data
Aussie hits one-week high after strong wages data
May 25, 2025
The Australian dollar rose in Asian trade on Wednesday against a basket of major rivals, expanding gains for the second straight session against the US dollar and hitting a week high, while approaching five-week highs following strong Australian wages data. The data renewed inflationary pressures on the Reserve Bank of Australias policymakers, which hurt the odds of a rate cut...
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Sector Update: Health Care
Sector Update: Health Care
Aug 27, 2025
03:12 PM EDT, 08/27/2025 (MT Newswires) -- Health care stocks advanced late Wednesday afternoon with the NYSE Health Care Index adding 0.2% and the Health Care Select Sector SPDR Fund (XLV) fractionally higher. The iShares Biotechnology ETF (IBB) was up 0.1%. In corporate news, Moderna ( MRNA ) said the US Food and Drug Administration approved its supplemental biologics license...
US STOCKS-S&P 500 hits record high as investors await Nvidia results
US STOCKS-S&P 500 hits record high as investors await Nvidia results
Aug 27, 2025
(Updates with afternoon trading) * Fed's Williams open to rate cuts depending on data, report says * J.M. Smucker falls after quarterly profit miss * MongoDB ( MDB ) soars after raising annual profit forecast * S&P 500 +0.22%, Nasdaq +0.18%, Dow +0.31% By Noel Randewich and Johann M Cherian Aug 27 (Reuters) - The S&P 500 climbed to a...
Top Midday Decliners
Top Midday Decliners
Aug 27, 2025
02:30 PM EDT, 08/27/2025 (MT Newswires) -- Kindly MD (NAKA) said late Tuesday that it is launching an at-the-market equity program to sell up to $5 billion shares. Shares sank 22%, with intraday trading volume of over 2.2 million against a daily average of about 670,000. Morgan Stanley cut its price target for Paramount Skydance ( PSKY ) to $10...
Crude Oil Gains Over 1%; UP Fintech Shares Plunge
Crude Oil Gains Over 1%; UP Fintech Shares Plunge
Aug 27, 2025
U.S. stocks traded higher toward the end of trading, with the Dow Jones index gaining more than 150 points on Wednesday. The Dow traded up 0.40% to 45,599.62 while the NASDAQ rose 0.29% to 21,607.01. The S&P 500 also rose, gaining, 0.31% to 6,485.90. Check This Out: Top 3 Health Care Stocks You’ll Regret Missing This Quarter Leading and Lagging...
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Crypto firm Consensys says US regulator has closed inquiry into Ethereum 2.0
Crypto firm Consensys says US regulator has closed inquiry into Ethereum 2.0
Jun 19, 2024
June 19 (Reuters) - The U.S. Securities and Exchange Commission has closed its investigation into the blockchain protocol Ethereum 2.0, cryptocurrency firm Consensys said in a post on social media platform X late on Tuesday. The firm filed a lawsuit seeking an injunction against the U.S. SEC in April over regulation of the Ethereum blockchain. Consensys founder Joseph Lubin said...
CDK Global investigating cyber incident, briefly shut all systems
CDK Global investigating cyber incident, briefly shut all systems
Jun 19, 2024
June 19 (Reuters) - Retail technology and software provider CDK Global was investigating a cyber incident and had briefly shut all its systems down proactively, it said on Wednesday. The company, which provides software to car dealerships, said its core dealer management system and digital retailing solutions had been restored. CDK Global added that it had tested and consulted with...
Competitor Analysis: Evaluating Amphenol And Competitors In Electronic Equipment, Instruments & Components Industry
Competitor Analysis: Evaluating Amphenol And Competitors In Electronic Equipment, Instruments & Components Industry
Jun 19, 2024
In today's fast-paced and competitive business landscape, it is essential for investors and industry enthusiasts to thoroughly analyze companies before making investment decisions. In this article, we will conduct a comprehensive industry comparison, evaluating Amphenol ( APH ) against its key competitors in the Electronic Equipment, Instruments & Components industry. By examining key financial metrics, market position, and growth prospects,...
The Protocol
The Protocol
Jun 19, 2024
Happy Juneteenth to our readers in the U.S.! CoinDesk staff is off for the federal holiday but we have compiled an abbreviated issue of The Protocol with the latest news headlines on blockchain tech, along with our top picks from the past week's Protocol Village column. Featuring: Martin Shkreli and $DJT. Is there a connection to Donald Trump?Consensys says SEC...
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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,...
EU hopes for Trump tariff deal by July deadline after 'good exchange'
EU hopes for Trump tariff deal by July deadline after 'good exchange'
Jul 7, 2025
BRUSSELS (Reuters) -The European Union still aims to reach a trade deal with the United States by July 9 after Commission President Ursula von der Leyen and U.S. President Donald Trump had a good exchange, a Commission spokesperson said on Monday. It was not immediately clear, however, whether there had been a meaningful breakthrough in talks to stave off the...
Collegium Pharmaceutical Approves $150 Million Share Buyback
Collegium Pharmaceutical Approves $150 Million Share Buyback
Jul 7, 2025
08:21 AM EDT, 07/07/2025 (MT Newswires) -- Collegium Pharmaceutical ( COLL ) said Monday its board has authorized a program to repurchase up to $150 million in shares through the end of 2026. The new program replaces a previous $150 million buyback authorized in 2024 which expired on June 30 with $65 million remaining, the biopharmaceutical company said. Shares of...
Lenz Therapeutics, Thea Partner to Commercialize Presbyopia Eye Drop in Canada; Shares Up Pre-Bell
Lenz Therapeutics, Thea Partner to Commercialize Presbyopia Eye Drop in Canada; Shares Up Pre-Bell
Jul 7, 2025
08:27 AM EDT, 07/07/2025 (MT Newswires) -- Lenz Therapeutics ( LENZ ) and Laboratoires Thea said Monday that they signed an exclusive licensing and commercialization agreement to market LNZ100, Lenz's investigational eye drop for presbyopia, in Canada. Under the terms of the deal, the companies said Lenz is eligible to receive over $70 million in upfront, regulatory, and commercial milestone...
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February Could Kickstart Altseason if History Rhymes: Analysts 
February Could Kickstart Altseason if History Rhymes: Analysts 
Feb 18, 2025
Crypto markets are down again today, with total capitalization having lost around 3% over the past 24 hours in a fall to $3.24 trillion. As usual, the brunt of the losses is from altcoins, which have continued to bleed for most of this month. Nevertheless, February has usually been a pivotal period for altcoins and markets in general if past...
Litecoin (LTC) Jumps 9% in 24 Hours: How High Can it Go?
Litecoin (LTC) Jumps 9% in 24 Hours: How High Can it Go?
Feb 19, 2025
TL;DR Litecoin’s recent surge has analysts eyeing key resistance levels, with predictions that a breakout above $135 could spark a strong upward move. Growing anticipation of a spot LTC ETF, with approval odds at over 80% by 2025, is adding to bullish sentiment and could be driving the increased interest in the asset. How High Can LTC Go? The cryptocurrency...
Ethereum (ETH) Gas Fees Hit Record Lows – A Warning Sign or a Bullish Opportunity?
Ethereum (ETH) Gas Fees Hit Record Lows – A Warning Sign or a Bullish Opportunity?
Feb 19, 2025
Ethereum transaction fees have dropped significantly. The average transfer cost currently sits at $0.41, compared to the $15.21 peak seen over the last two years. This could be an opportunity for investors. Lower Ethereum Fees According to Santiments latest analysis, lower fees generally indicate that the network isnt congested. When transaction costs are minimal, it suggests that traders view prices...
Meteora Exec Resigns Amid Financial Misconduct Claims
Meteora Exec Resigns Amid Financial Misconduct Claims
Feb 18, 2025
Ben Chow, co-founder of DeFi and meme coin platform Meteora, resigned on Monday after being accused of financial misconduct and insider trading tied to the controversial LIBRA meme coin. This development came after growing concerns over his involvement in the project. Chow Denies Involvement in Controversy Meow, the pseudonymous co-founder of Jupiter, a decentralized exchange on Solana, as well as...
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