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US Equity Indexes Fall as Bets Favoring Extension of Fed-Pause Jump, Trump Plans Tariff Announcements
US Equity Indexes Fall as Bets Favoring Extension of Fed-Pause Jump, Trump Plans Tariff Announcements
Feb 7, 2025
12:31 PM EST, 02/07/2025 (MT Newswires) -- US equity indexes fell as bets in favor of the Federal Reserve extending its policy pause into March jumped following the jobs and inflation expectations data and amid media speculation that President Donald Trump plans to announce reciprocal punitive tariffs as early as Friday. The Nasdaq Composite dropped 1.3% to 19,540.2, with the...
Sector Update: Tech
Sector Update: Tech
Feb 7, 2025
01:38 PM EST, 02/07/2025 (MT Newswires) -- Tech stocks fell in Friday afternoon trading, with the Technology Select Sector SPDR Fund (XLK) decreasing 0.5% and the SPDR S&P Semiconductor ETF (XSD) dropping 2.1%. The Philadelphia Semiconductor index declined 1.3%. In corporate news, Amazon.com ( AMZN ) reported higher Q4 earnings and net sales late Thursday and issued Q1 net sales...
Sector Update: Financial
Sector Update: Financial
Feb 7, 2025
01:42 PM EST, 02/07/2025 (MT Newswires) -- Financial stocks were decreasing in Friday afternoon trading, with the NYSE Financial Index down 0.3% and the Financial Select Sector SPDR Fund (XLF) easing 0.1%. The Philadelphia Housing Index was falling 2.7%, and the Real Estate Select Sector SPDR Fund (XLRE) was off 0.1%. Bitcoin (BTC-USD) was increasing 1.8% to $97,906, and the...
Exchange-Traded Funds Higher, US Equities Fall After Midday Friday
Exchange-Traded Funds Higher, US Equities Fall After Midday Friday
Feb 7, 2025
01:03 PM EST, 02/07/2025 (MT Newswires) -- Broad Market Indicators Broad-market exchange-traded funds IWM and IVV were lower. Actively traded Invesco QQQ Trust (QQQ) was down 0.9%. US equity indexes fell as bets in favor of the Federal Reserve extending its policy pause into March jumped following the jobs and inflation expectations data and amid media speculation that President Donald...
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Iraq to sign agreement with US company Excelerate Energy to supply gas to Iraq, prime minister's office says
Iraq to sign agreement with US company Excelerate Energy to supply gas to Iraq, prime minister's office says
Oct 20, 2025
CAIRO, Oct 20 (Reuters) - Iraq will sign an agreement with U.S.-based LNG company Excelerate Energy ( EE ) to supply U.S. gas to Iraq, the Iraqi prime minister's office said on Monday without providing further details. ...
Planet 13 Holdings Opens New Dispensary in Pace, Florida
Planet 13 Holdings Opens New Dispensary in Pace, Florida
Oct 20, 2025
01:29 PM EDT, 10/20/2025 (MT Newswires) -- Planet 13 Holdings ( PLNH ) on Monday said it opened its newest cannabis dispensary in Pace, Florida. The company said the dispensary is located along a busy retail corridor directly across from a Walmart and Lowe's. Pace is one of the fastest-growing communities in the Florida Panhandle, the company said. Planet 13...
Sector Update: Consumer
Sector Update: Consumer
Oct 20, 2025
01:23 PM EDT, 10/20/2025 (MT Newswires) -- Consumer stocks were mixed Monday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) easing 0.1% and the Consumer Discretionary Select Sector SPDR Fund (XLY) increasing 0.6%. In corporate news, LKQ (LKQ) is being pressed by activist hedge fund, Ananym Capital, to sell or spin off its European operations and concentrate on...
Netflix's ad, gaming bets in focus as investors seek clarity on pay-off
Netflix's ad, gaming bets in focus as investors seek clarity on pay-off
Oct 20, 2025
(Reuters) -Netflix's $120 billion stock market rally this year faces a crucial test on Tuesday: proving that its costly investments into advertising and video gaming can support the growth that made the streaming pioneer a Wall Street darling. A strong content slate including KPop Demon Hunters, Netflix's most successful movie ever, and the second season of Wednesday are expected to power...
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Sony to Launch Crypto Exchange in Japan Via Acquired Local Platform
Sony to Launch Crypto Exchange in Japan Via Acquired Local Platform
Jul 1, 2024
Japanese multinational conglomerate corporation Sony is gearing up to launch its cryptocurrency exchange. The company intends to make this possible by restarting another crypto trading platform acquired in August 2023. According to a press release, Amber Japan, the parent company of the Japanese crypto exchange WhaleFin, acquired by Sony last year, has changed its name to S.BLOX. The technology giant...
Top Meme Coins to Watch in July
Top Meme Coins to Watch in July
Jul 1, 2024
The ever-evolving meme coin sector has been a highly interesting niche for investors and traders in the past several months. It is full of assets based on recent trends, with many witnessing substantial price increases in a short period of time. In the following lines we will touch upon some of the most popular ones and evaluate their chances for...
Another Reason to Worry? Germany Moves $94.7M in Seized Bitcoin to Exchanges
Another Reason to Worry? Germany Moves $94.7M in Seized Bitcoin to Exchanges
Jul 1, 2024
The German government has moved another stash of its seized Bitcoin to some of the worlds top crypto exchanges, stirring new fears of a possible liquidation of its Bitcoin reserves. Despite the latest transfers, it currently possesses Bitcoins worth around $2.82 billion. Germanys Bitcoin Transfers Continues According to an update by Lookonchain, the German government has made a significant Bitcoin...
Cardano’s Founder Charles Hoskinson Has an Interesting Take on AI Models
Cardano’s Founder Charles Hoskinson Has an Interesting Take on AI Models
Jul 1, 2024
Charles Hoskinson, the co-founder of the blockchain platform Cardano, believes artificial intelligence (AI) models are losing their utility over time. In a Sunday tweet, Hoskinson said the reason is the alignment training that comes with AI censorship. AI Models Are Losing Utility AI censorship refers to the use of machine learning algorithms to automatically filter content considered objectionable, harmful, or...
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