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TREASURIES-Yields slip after jobs report bolsters expectations for Fed cut
TREASURIES-Yields slip after jobs report bolsters expectations for Fed cut
Jul 5, 2024
(Changes headline, updates market activity) By David Randall NEW YORK, July 5 (Reuters) - Benchmark 10-year Treasury yields slid on Friday following closely-watched jobs data that appeared to show the U.S. labor market weakening, strengthening market expectations that the Federal Reserve will begin to cut interest rates in September. Non-farm payrolls grew by 206,000 jobs in June, slightly higher than...
Equity Markets Mixed Intraday After Jobs Report
Equity Markets Mixed Intraday After Jobs Report
Jul 5, 2024
01:46 PM EDT, 07/05/2024 (MT Newswires) -- US benchmark equity indexes were mixed intraday after official data showed the economy added more jobs than expected in June. The Nasdaq Composite was up 0.7% at 18,314.4 after midday Friday, while the S&P 500 gained 0.3% to 5,555.1. The Dow Jones Industrial Average fell 0.1% to 39,273. Among sectors, communication services led...
Sector Update: Tech Stocks Rise Friday Afternoon
Sector Update: Tech Stocks Rise Friday Afternoon
Jul 5, 2024
01:51 PM EDT, 07/05/2024 (MT Newswires) -- Tech stocks were higher Friday afternoon, with the Technology Select Sector SPDR Fund (XLK) and the SPDR S&P Semiconductor ETF (XSD) each adding 0.6%. The Philadelphia Semiconductor index gained 0.5%. In corporate news, Nvidia ( NVDA ) faces a huge bottleneck in its artificial intelligence chips, and regulators are still deciding on any...
Sector Update: Health Care Stocks Advance in Afternoon Trading
Sector Update: Health Care Stocks Advance in Afternoon Trading
Jul 5, 2024
02:04 PM EDT, 07/05/2024 (MT Newswires) -- Health care stocks were rising Friday afternoon, with the NYSE Health Care Index adding 0.5% and the Health Care Select Sector SPDR Fund (XLV) up 0.4%. The iShares Biotechnology ETF (IBB) gained 0.4%. In corporate news, Enhabit's ( EHAB ) board faces a proxy fight from shareholder Arex Capital Management, which said in...
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North Wales Police and D-Wave Announce Hybrid-Quantum Application Outperforms Classical Results in Proof-of-Technology Project Optimizing Police Vehicle Placement
North Wales Police and D-Wave Announce Hybrid-Quantum Application Outperforms Classical Results in Proof-of-Technology Project Optimizing Police Vehicle Placement
Sep 30, 2025
Hybrid-quantum application reduced time to solution from four months to four minutes and cut average incident response times by nearly 50% PALO ALTO, Calif. & NORTH WALES, United Kingdom--(BUSINESS WIRE)-- D-Wave Quantum Inc. ( QBTS ) (“D-Wave” or the “Company”), a leader in quantum computing systems, software, and services and the world’s first commercial supplier of quantum computers, and...
Lantronix Launches EdgeFabric.ai Visual Orchestration Platform to Accelerate Edge AI Deployment
Lantronix Launches EdgeFabric.ai Visual Orchestration Platform to Accelerate Edge AI Deployment
Sep 30, 2025
IRVINE, Calif., Sept. 30, 2025 (GLOBE NEWSWIRE) -- Lantronix Inc. ( LTRX ) , a global leader in compute and connectivity IoT solutions powering Edge AI applications, today unveiled EdgeFabric.ai™, a no-code development platform purpose-built exclusively for Lantronix Open-Q™ System-on-Module (SOM) solutions. With EdgeFabric.ai, businesses can design and deploy Edge AI applications in minutes, rather than months, without needing a...
Louisiana State University Accelerates Research with ManageX Self-Service Cloud Platform
Louisiana State University Accelerates Research with ManageX Self-Service Cloud Platform
Sep 30, 2025
Image: LSU ManageX Banner BELLEVUE Wash., Sept. 30, 2025 (GLOBE NEWSWIRE) -- Louisiana State University (LSU) has deployed ManageX Research, a self-service cloud platform from Terawe, to empower its researchers with instant access to advanced cloud infrastructure and AI services. The platform enables LSU’s faculty and students to launch high-performance computing environments within minutes—dramatically reducing the time and effort...
DCM Software Platform Recognized for Customer Communications and Customer Experience Management Excellence
DCM Software Platform Recognized for Customer Communications and Customer Experience Management Excellence
Sep 30, 2025
DCM’s CCM360 platform named to Aspire Leaderboard for leadership among its peers in 10 of 13 industrial verticals BRAMPTON, Ontario--(BUSINESS WIRE)-- DATA Communications Management Corp. ( DCMDF ) (“DCM” or the Company), a leading Canadian provider of print and digital solutions that help simplify complex marketing communications and workflow, today announced that its CCM360 software platform was named to...
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UK currency risk firm Argentex's interim CEO steps down
UK currency risk firm Argentex's interim CEO steps down
Jul 22, 2025
July 22 (Reuters) - British currency risk management company Argentex ( AGXTF ) said on Tuesday that Tim Rudman has resigned as the company's interim CEO, days after it appointed administrators amid a funding shortfall. (Reporting by Pushkala Aripaka in Bengaluru; Editing by Mrigank Dhaniwala) ...
Grupo Aeroportuario del Pacifico Q2 Earnings Fall, Revenue Rises
Grupo Aeroportuario del Pacifico Q2 Earnings Fall, Revenue Rises
Jul 22, 2025
03:59 AM EDT, 07/22/2025 (MT Newswires) -- Grupo Aeroportuario del Pacifico (PAC) reported Q2 earnings late Monday of about 4.42 Mexican pesos ($0.24) per share, down from about 5.73 pesos a year earlier. Revenue for the quarter ended June 30 was 10.88 billion pesos, compared with 7.26 billion pesos a year earlier. Analysts surveyed by FactSet expected 10.01 billion pesos....
Ballard Power Systems to Supply Fuel Cells for Samskip's Emission-Free Ships
Ballard Power Systems to Supply Fuel Cells for Samskip's Emission-Free Ships
Jul 22, 2025
04:02 AM EDT, 07/22/2025 (MT Newswires) -- Ballard Power Systems ( BLDP ) said late Monday it has received an order to supply 6.4MW of fuel cell engines to eCap Marine to power two Samskip vessels operating between Norway and the Netherlands. The company said 32 FCwave-200 kW engines, which will support Samskip's push for zero-emission shipping, are planned to...
India-US interim trade deal prospects dim ahead of tariff deadline, sources say
India-US interim trade deal prospects dim ahead of tariff deadline, sources say
Jul 22, 2025
NEW DELHI (Reuters) -The prospects of an interim trade deal between India and the United States before Washington's August 1 deadline have dimmed, as talks remain deadlocked over tariff cuts on key agricultural and dairy products, two Indian government sources said. U.S. President Donald Trump threatened a 26% tariff on Indian imports in April but paused implementation to allow for...
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AAVE Surpasses $360: Bullish Momentum Driven by Influx of Dormant Tokens
AAVE Surpasses $360: Bullish Momentum Driven by Influx of Dormant Tokens
Dec 12, 2024
AAVE, the native token of the decentralized crypto lending platform Aave, surpassed $363 after surging by approximately 30% over the past day. This is the first time since 2021 that the asset has recorded a crucial milestone in a rally powered by a huge wave of coins moving back into circulation. Major AAVE Stakeholders Circulate Dormant Coins As highlighted by...
Ethereum Overtakes Tron as the Leading Network for USDT Supply
Ethereum Overtakes Tron as the Leading Network for USDT Supply
Dec 12, 2024
Ethereum has emerged as the leading blockchain for Tether’s USDT supply, surpassing Tron in a monumental shift for stablecoin dominance. Over the past month, Tether issued $20 billion in USDT on the network, possibly marking it as the go-to blockchain for activity involving the fiat-pegged cryptocurrency. Strategic Expansion Figures shared by the on-chain data platform Token Terminal show that Tether’s...
Vancouver Council Votes in Favor of Exploring Bitcoin as a Financial Strategy
Vancouver Council Votes in Favor of Exploring Bitcoin as a Financial Strategy
Dec 12, 2024
Vancouvers city council has voted in favor of exploring the use of BTC in municipal finances, marking a significant step toward making the city Bitcoin-friendly. Mayor Ken Sim introduced the motion, which passed on Wednesday with strong support from six councilors. Two voted against it, and three were absent. Vancouver to Explore Bitcoin Integration The mayors initiative aims to explore...
Bitcoin ETFs Hit $50.5B in Cumulative Net Inflows in First Year
Bitcoin ETFs Hit $50.5B in Cumulative Net Inflows in First Year
Dec 12, 2024
Nearly a year since United States-based spot Bitcoin exchange-traded funds (ETFs) were launched in January, the funds have experienced remarkable growth. Inflows into the 12 funds have surpassed 500,000 BTC. Spot Bitcoin ETFs Attract Over 500K BTC In an X post, Vetle Lunde, head of Research at the digital assets research firm K33, stated that spot bitcoin ETFs currently have...
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