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Sector Update: Tech
Sector Update: Tech
May 27, 2025
08:49 AM EDT, 05/27/2025 (MT Newswires) -- Technology stocks were advancing premarket Tuesday, with The Technology Select Sector SPDR Fund (XLK) 1.8% higher and the SPDR S&P Semiconductor ETF (XSD) up 2.1%. Salesforce ( CRM ) has agreed to buy Informatica ( INFA ) for about $8 billion, the companies said. Informatica ( INFA ) shares were up more than...
COLUMN-Historic dollar fall needed to eliminate US trade deficit: McGeever
COLUMN-Historic dollar fall needed to eliminate US trade deficit: McGeever
May 27, 2025
(The opinions expressed here are those of the author, a columnist for Reuters.) By Jamie McGeever ORLANDO, Florida, May 27 (Reuters) - If the United States is to significantly reduce or, whisper it, eliminate its trade deficit, the dollar will probably have to weaken a lot. How much is unclear, though, as history shows large dollar declines are rare and...
Euro zone bond yields edge down on French inflation data, tariff concerns
Euro zone bond yields edge down on French inflation data, tariff concerns
May 27, 2025
May 27 (Reuters) - Euro area bond yields dropped on Tuesday after French inflation data came in weaker than expected, while concerns about the potential adverse economic impact of U.S. tariffs persisted. Borrowing costs edged up on Monday as the U.S. backed away from its threat to slap 50% tariffs on European imports, before falling later in the session in...
US STOCKS-US stock futures rally after long weekend on Trump's tariff reprieve
US STOCKS-US stock futures rally after long weekend on Trump's tariff reprieve
May 27, 2025
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Futures rise: Dow 1.32%, S&P 500 1.52%, Nasdaq 1.63% * Temu-parent PDD Holdings ( PDD ) falls on quarterly revenue miss * Nvidia ( NVDA ) gains ahead of quarterly earnings due Wednesday (Updates with analyst comments, prices) By...
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Urban Outfitters Fiscal Q4 Adjusted Earnings, Sales Increase
Urban Outfitters Fiscal Q4 Adjusted Earnings, Sales Increase
Feb 26, 2025
05:04 PM EST, 02/26/2025 (MT Newswires) -- Urban Outfitters ( URBN ) reported fiscal Q4 adjusted diluted earnings Wednesday of $1.04 per share, up from $0.69 a year earlier. Analysts polled by FactSet expected $0.94. Net sales for the quarter ended Jan. 31 were $1.64 billion, up from $1.49 billion a year earlier. Analysts surveyed by FactSet expected $1.63 billion....
WSP Global Q4 Adjusted Profit Climbs 23% on Revenue Gains
WSP Global Q4 Adjusted Profit Climbs 23% on Revenue Gains
Feb 26, 2025
05:08 PM EST, 02/26/2025 (MT Newswires) -- WSP Global ( WSPOF ) on Wednesday said its fourth-quarter adjusted profit rose 23% on higher revenue. The engineering and design company said its adjusted profit, excluding most one-time items, rose to $305.3 million, or $2,34 per share, in the period, up from $247.8 million, or $1.99, in the year-prior quarter. Net revenue...
Arcadium Lithium Insider Sold Shares Worth $1,362,101, According to a Recent SEC Filing
Arcadium Lithium Insider Sold Shares Worth $1,362,101, According to a Recent SEC Filing
Feb 26, 2025
05:03 PM EST, 02/26/2025 (MT Newswires) -- Paul W Graves, Director, President & CEO, on February 24, 2025, sold 234,038 shares in Arcadium Lithium ( ARLTF ) for $1,362,101. Following the Form 4 filing with the SEC, Graves has control over a total of 1,567,775 common shares of the company, with 1,332,430 shares held directly and 235,345 controlled indirectly. SEC...
Update: FirstEnergy Q4 Earnings Rise, Revenue Unchanged; Shares Fall After Hours
Update: FirstEnergy Q4 Earnings Rise, Revenue Unchanged; Shares Fall After Hours
Feb 26, 2025
05:10 PM EST, 02/26/2025 (MT Newswires) -- (Updates with 2025 core EPS Outlook in the fifth paragraph.) FirstEnergy ( FE ) reported Q4 non-GAAP earnings Wednesday of $0.61 per share, up from $0.52 a year earlier. Analysts polled by FactSet expected $0.71. Revenue in the three months ended Dec. 31 was $3.2 billion, unchanged from a year earlier. Analysts surveyed...
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Bitcoin Stays Steady, But Momentum Flashes Bullish Signs: Bitfinex Alpha
Bitcoin Stays Steady, But Momentum Flashes Bullish Signs: Bitfinex Alpha
Jul 8, 2025
With bitcoin (BTC) having remained in a consolidation phase for a relatively long time, market participants are wondering about its next direction. Some analysts have predicted a significant correction in the coming weeks, while others believe a positive breakout is imminent. Despite the state of the market and negative sentiment within a part of the crypto community, analysts at the...
Ethereum Is Becoming What Treasuries Are to Traditional Finance: Research
Ethereum Is Becoming What Treasuries Are to Traditional Finance: Research
Jul 8, 2025
“Stablecoins are spreading the dollar faster than any financial tech in history,” said Electric Capital General Partner Maria Shen on Tuesday. “Ethereum is becoming the financial backbone,” she added, referencing a newly published research report on stablecoin demand for Ethereum’s tenth birthday. For the first time, anyone across the globe can hold US dollars via stablecoins, which will drive demand,...
In Japan’s First, Remixpoint CEO Salary Fully Shifted to Bitcoin
In Japan’s First, Remixpoint CEO Salary Fully Shifted to Bitcoin
Jul 8, 2025
Japanese energy firm Remixpoint has announced it will pay its President and CEOs entire executive compensation in Bitcoin. This marks the first time a listed company in Japan has chosen to do so. The step is part of Remixpoints aim to implement shareholder-oriented management by ensuring that management shares the same economic fate as shareholders. Bitcoin-Only Pay for Its CEO...
Pump.fun Token Launch Uncertain After Gate.io Abruptly Removes Pre
Pump.fun Token Launch Uncertain After Gate.io Abruptly Removes Pre
Jul 8, 2025
The long-speculated launch of Pump.funs native token is facing fresh uncertainty after crypto exchange Gate.io abruptly removed its pre-market listing for the coin. The latest development has left traders without clarity on its timeline. Gate.io Pulls Pump.fun Token Sale Page On Tuesday, Gate.io posted details for what appeared to be the first official sale of the Solana-based meme coin platforms...
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