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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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...

02:06 PM EDT, 07/12/2024 (MT Newswires) -- US benchmark equity indexes were higher intraday as markets assessed the latest producer prices data, while a survey showed easing consumer inflation expectations. The Nasdaq Composite was up 1.2% at 18,499.2 after midday Friday. The Dow Jones Industrial Average and the S&P 500 rose 1% each to 40,170.6 and 5,642.7, respectively. Technology and...

* JPMorgan ( JPM ), Citi, Wells Fargo ( WFC ) drop after results * Small-cap stocks surge * U.S. producer prices rise marginally in June * S&P 500 +1.18%, Nasdaq +1.36%, Dow +1.15% (Updates at 2:09 pm ET / 1809 GMT) By Noel Randewich and Medha Singh July 12 (Reuters) - Wall Street stocks rallied on Friday, with the...

02:38 PM EDT, 07/12/2024 (MT Newswires) -- West Texas Intermediate (WTI) crude oil closed lower on Friday after the United States reported its Producer Price Index (PPI) rose more than expected last month, countering some of the day-prior optimism spurred by slowing consumer-price inflation. WTI crude oil for August delivery closed down US$0.41 to settle at US$82.21 per barrel, while...

02:16 PM EDT, 07/12/2024 (MT Newswires) -- Health care stocks rose Friday afternoon, with the NYSE Health Care Index gaining 1.1% and the Health Care Select Sector SPDR Fund (XLV) adding about 0.9%. The iShares Biotechnology ETF (IBB) increased 1%. In corporate news, SeaStar Medical ( ICU ) shares jumped almost 11% after the company reported the first commercial sale...

Providing a diverse range of perspectives from bullish to bearish, 5 analysts have published ratings on Corsair Gaming ( CRSR ) in the last three months. 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...

Guidewire Software's ( GWRE ) short percent of float has fallen 7.57% since its last report. The company recently reported that it has 1.91 million shares sold short, which is 2.32% of all regular shares that are available for trading. Based on its trading volume, it would take traders 3.85 days to cover their short positions on average. Why Short...

Aug 2 (Reuters) - Ameren Corp ( AEE ) has agreed to power a data center with a capacity of 250 megawatt, a move that would boost its sales, the public utility firm said on Friday. The agreement would represent about 40% and 5% annualized increase to subsidiary Ameren Missouri's industrial megawatt (MW) hour sales and total megawatt hour sales,...

Throughout the last three months, 24 analysts have evaluated First Solar ( FSLR ) , offering a diverse set of opinions from bullish to bearish. The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings...

With India pressing for traceability of WhatsApp messages to check the spread of fake news, Nick Clegg, Facebook vice-president, Global Affairs and Communications, has offered alternative ways to help the country, without any reference towards tracing the origin of the WhatsApp messages.

With over 1.20 lakh followers, Phogat has made over 175 short videos which are immensely popular in Haryana, especially among young voters.

Expressing solidarity with the scientific community, Prime Minister Narendra Modi said "India is proud of our scientists", and asked them to be "courageous."

Years of hard work literally came to nought for ISRO on Saturday after it lost communication with Moon lander Vikram.

Li Auto Inc ( LI ) shares are trading lower by 10.4% to $27.53 during Monday’s session amid weakness in Chinese EV stocks. Weakness may be in anticipation of U.S. tariffs, expected to begin Tuesday. Potential tariffs raise concerns over higher production costs and potential barriers to Li Auto's ( LI ) global market ambitions. What To Know: As a...

NEW YORK (Reuters) -David Finkelstein, a veteran investment banker who currently heads Citigroup's ( C/PN ) global consumer and retail dealmaking franchise, is leaving the bank, people familiar with the matter told Reuters on Monday. Finkelstein, who is based in New York, joined Citi from Bank of America in 2018. During his stint at Citi, he worked on several large...

March 3 (Reuters) - Democratic Senator Richard Blumenthal on Monday asked U.S. Secretary of State Marco Rubio to answer questions about a reported plan to spend $400 million to purchase armored versions of Tesla Cybertrucks to transport diplomats. Blumenthal said the State Department has publicly stated the contract was planned during the Biden Administration and the Trump Administration canceled it,...

02:23 PM EST, 03/03/2025 (MT Newswires) -- Canada Nickel Company ( CNIKF ) Monday said it signed agreements with three Ontario First Nations as it looks to advance indigenous opportunities for its Crawford Nickel Sulphide Project. The company said the agreements with the Mattagami, Matachewan, and Flying Post First Nations, members of the Wabun Tribal Council, set the framework for...

The bitcoin mine would use solar and storage technology from Tesla and be entirely run on renewable energy

The Discovery Fund aims to identify and empower entrepreneurs and early-stage startups to leverage the potential of cryptocurrencies to address real-world problems.

Founded in 2017 by Jaynti Kanani, Anurag Arjun, Sandeep Nailwal and Mihailo Bjelic as a secondary scaling solution for the Ethereum blockchain, Polygon is building a suite of scaling solutions.

The crypto industry has been focussing hard on making the business more environment friendly.