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Aussie falls and shrugs off strong employment data
Aussie falls and shrugs off strong employment data
May 25, 2025
The Australian dollar fell against most major rivals on Thursday despite strong labor data. Australia's unemployment rate was unchanged in April at 4.1%, same as March, and matching expectations. The Australian economy added 89.0 thousand new jobs in April, easily beating estimates of a 20.9 thousand addition, while March's reading was revised to show the addition of 32.2 thousand jobs...
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 is worst performing currency after RBA rate cut
Aussie is worst performing currency after RBA rate cut
May 25, 2025
The Australian dollar tumbled on Tuesday against a basket of major rivals, resuming losses against the US counterpart after a short hiatus and becoming the worst performing G8 currency after the RBAs rate cut. The Reserve Bank of Australia voted to cut interest rates by 25 basis points to 3.85%, the lowest since May 2023, as inflation cooled. The Price...
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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Musk's Starlink working on Indian security clearance for satellite broadband
Musk's Starlink working on Indian security clearance for satellite broadband
Nov 12, 2024
NEW DELHI (Reuters) - Elon Musk's Starlink is seeking security clearance for a licence to offer satellite broadband services in India and will get a permit if it satisfies all conditions, the telecoms minister said on Tuesday. Starlink has been looking to enter India for years and its plans got a major boost last month when New Delhi said it...
Weedmaps Net Income Surges 312% YOY, Cash Reserves Up 31%
Weedmaps Net Income Surges 312% YOY, Cash Reserves Up 31%
Nov 12, 2024
WM Technology, Inc. ( MAPS ) , a technology and software provider to the cannabis industry commonly known as Weedmaps, reported a significant improvement in its third-quarter 2024 financial performance. The company announced on Tuesday afternoon a 312% year-over-year surge in net income, reaching $5.3 million and a 31% rise in cash reserves from year-end, totaling $45 million. Q3 2024...
Earnings Outlook For Ecopetrol
Earnings Outlook For Ecopetrol
Nov 12, 2024
Ecopetrol ( EC ) is gearing up to announce its quarterly earnings on Wednesday, 2024-11-13. Here's a quick overview of what investors should know before the release. Analysts are estimating that Ecopetrol ( EC ) will report an earnings per share (EPS) of $0.46. The market awaits Ecopetrol's ( EC ) announcement, with hopes high for news of surpassing estimates...
Unveiling 24 Analyst Insights On Zeta Global Holdings
Unveiling 24 Analyst Insights On Zeta Global Holdings
Nov 12, 2024
In the latest quarter, 24 analysts provided ratings for Zeta Global Holdings ( ZETA ) , showcasing a mix of bullish and bearish perspectives. Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 17 6 1 0...
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Eric Clapton raises $2.2 mn for anti-vaccine Democrat US presidential candidate Robert F. Kennedy Jr
Eric Clapton raises $2.2 mn for anti-vaccine Democrat US presidential candidate Robert F. Kennedy Jr
Sep 20, 2023
Besides Clapton, Alicia Silverstone, Rob Schneider and Woody Harrelson (who later retracted) have publicly supported RFK Jr, who reportedly said COVID-19 may just be 'ethnically targeted.' The virus targets Caucasians and Black people while sparing Ashkenazi Jewish people and Chinese people, he said at a New York dinner.
Canada urges India to take Sikh leader's murder seriously, US 'concerned'
Canada urges India to take Sikh leader's murder seriously, US 'concerned'
Sep 19, 2023
Canadian Prime Minister Justin Trudeau also said on Tuesday (September 19) his government does not seek to 'escalate' tensions with India. This, in the backdrop of the two countries expelling a senior diplomat each.
BookMyShow cancels Shubh's India tour amid Khalistan controversy
BookMyShow cancels Shubh's India tour amid Khalistan controversy
Sep 20, 2023
India-Canada Tension: While BookMyShow's official statement did not explicitly state the reason behind the cancellation, it confirmed that 'singer Shubneet Singh's Still Rollin Tour for India stands cancelled.' It assured all ticket holders that their money would be refunded in 7-10 working days.
UK Cabinet Reshuffle: Rishi Sunak calls up ex-PM David Cameron after sacking Suella Braverman
UK Cabinet Reshuffle: Rishi Sunak calls up ex-PM David Cameron after sacking Suella Braverman
Nov 13, 2023
British politics is abuzz with musical chairs like excitement. PM Rishi Sunak, who had to remove his outspoken interior minister Suella Braverman for her article on a pro-Palestine march in UK, has brought ex-PM David Cameron — who had lost the top job over Brexit — back into the fresh equation.
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Booz Allen Says It Is Accelerating 'The Administration's Priorities', But Its Annual Outlook Spooks Investors
Booz Allen Says It Is Accelerating 'The Administration's Priorities', But Its Annual Outlook Spooks Investors
May 26, 2025
Booz Allen Hamilton Holding ( BAH ) stock dropped on Friday after it reported fiscal fourth-quarter results. The company reported quarterly adjusted EPS of $1.61, topping the analyst consensus estimate of $1.59. Quarterly sales of $2.97 billion, up 7.3% year-on-year, missed the street view of $3.03 billion. The backlog grew by 15.3%, reaching $37.03 billion, while the quarterly book-to-bill ratio stood at 0.71x. Organic revenue grew by 6.2%....
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,...
Update: Market Chatter: Coupang Faces South Korea FTC Probe Over Potential Unfair Bundling in Wow Membership
Update: Market Chatter: Coupang Faces South Korea FTC Probe Over Potential Unfair Bundling in Wow Membership
May 26, 2025
09:51 AM EDT, 05/23/2025 (MT Newswires) -- (Updates to include a response from South Korea's Fair Trade Commission in the last paragraph.) Coupang ( CPNG ) is facing an on-site investigation by South Korea's Fair Trade Commission looking into potential tying practices related to the company's Wow Membership service, Business Korea reported Thursday, citing industry sources and the agency. The...
Palantir's 'Unique' AI Strategy a Growth Catalyst as Company Poised to Win More US Government Contracts, Wedbush Says
Palantir's 'Unique' AI Strategy a Growth Catalyst as Company Poised to Win More US Government Contracts, Wedbush Says
May 26, 2025
09:51 AM EDT, 05/23/2025 (MT Newswires) -- Palantir Technologies' ( PLTR ) unique artificial intelligence software strategy will be a positive growth driver and it will continue to receive more agreements from the US government, Wedbush said in a Friday note. The company recently won a $795 million US Army modification contract for Maven Smart System with expected completion in...
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