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Yen skids to three-month trough as Japanese governing coalition loses majority
Yen skids to three-month trough as Japanese governing coalition loses majority
Oct 28, 2024
The Japanese yen skidded in Asian trade on Monday to three-month lows against the US dollar, after the election loss by the current Japanese parliamentary governing coalition, which could impede future interest rate hikes by the Bank of Japan. The yen is also pressured by a surge in US 10-year treasury yields, amid speculation about a cautious stance by the...
Aussie skids to 2-1/5 month low as inflation cools
Aussie skids to 2-1/5 month low as inflation cools
Oct 30, 2024
The Australian dollar tumbled in Asian trade on Wednesday to 2-⅕ month lows against the US dollar, sharpening the decline for the fourth straight session after inflation in Australia cooled to three-year lows, reducing the pressure on the Reserve Bank of Australia. The new data boosted the odds of an interest rate cut by the RBA in December, as investors...
Euro rebounds ahead of major eurozone data
Euro rebounds ahead of major eurozone data
Oct 27, 2024
The euro rose in European trade on Thursday against a basket of major rivals after a wave of losses across three sessions, with the euro eventually settling above 3-⅕ month lows against the US dollar. It comes ahead of major data on the eurozone sectors later today, which would shed important light on the health of the European economy in...
Yen skids to three-month low as the gap in treasury yields widens
Yen skids to three-month low as the gap in treasury yields widens
Oct 26, 2024
The yen fell in European trade on Wednesday against a basket of major rivals, sharpening the losses for the third straight session against the US dollar and hitting three-month lows amid concerns about a wider US-Japan gap in government treasury yields. Recent bearish remarks from Japanese officials hurt the odds of a third BOJ interest rate hike this year, while...
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Sector Update: Health Care
Sector Update: Health Care
Apr 7, 2025
08:54 AM EDT, 04/07/2025 (MT Newswires) -- Health care stocks leaned lower premarket Monday with the Health Care Select Sector SPDR Fund (XLV) and iShares Biotechnology ETF (IBB) down 2.1% recently. ADMA Biologics ( ADMA ) said it doesn't expect the latest US tariffs on foreign goods and services to have any impact on its supply chain or production operations....
Tariff Woes Drag Investor Sentiment, Driving Premarket Losses for US Equity Futures
Tariff Woes Drag Investor Sentiment, Driving Premarket Losses for US Equity Futures
Apr 7, 2025
08:18 AM EDT, 04/07/2025 (MT Newswires) -- US equity futures were lower pre-bell Monday, extending last week's losses fueled by President Donald Trump's tariff policy. The Dow Jones Industrial Average futures were down 1.9%, S&P 500 futures were 2.1% lower, and Nasdaq futures fell 2.4%. Last week, the White House imposed sweeping tariffs against various countries, including China, which responded...
US STOCKS-Futures slip, S&P 500 eyes bear market territory as market rout deepens
US STOCKS-Futures slip, S&P 500 eyes bear market territory as market rout deepens
Apr 7, 2025
* Futures down: S&P 500 2.35%, Nasdaq 100 2.72%, Dow 2.09% * Howmet Aerospace ( HWM ) falls on report it may halt orders if hit by tariffs * S&P 500, Dow futures down 20% from record highs * Goldman Sachs raises odds of US recession (Updates comment, prices) By Pranav Kashyap and Purvi Agarwal April 7 (Reuters) - Wall...
Exchange-Traded Funds, Equity Futures Lower Pre-Bell Monday as Global Recession Concerns Intensify
Exchange-Traded Funds, Equity Futures Lower Pre-Bell Monday as Global Recession Concerns Intensify
Apr 7, 2025
08:38 AM EDT, 04/07/2025 (MT Newswires) -- The broad market exchange-traded fund SPDR S&P 500 ETF Trust ( SPY ) was down 2.5% and the actively traded Invesco QQQ Trust (QQQ) was 2.6% lower in Monday's premarket activity as investor concerns intensified over President Trump's sweeping tariffs and their potential to trigger a global recession. US stock futures were also...
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Foxconn says Nov revenue +3.47% y/y, Q4 outlook strong
Foxconn says Nov revenue +3.47% y/y, Q4 outlook strong
Dec 4, 2024
TAIPEI (Reuters) - Taiwan's Foxconn, the world's largest contract electronics maker and Apple's ( AAPL ) biggest iPhone assembler, reported on Thursday revenue for November rose 3.47% year-on-year to reach the second highest on record for the month at T$672.6 billion ($20.75 billion). Fourth quarter operations are anticipated to show significant growth on both a quarterly and yearly basis, the...
Exclusive-TSMC in talks with Nvidia for AI chip production in Arizona, sources say​
Exclusive-TSMC in talks with Nvidia for AI chip production in Arizona, sources say​
Dec 5, 2024
TAIPEI/SINGAPORE (Reuters) - Taiwan Semiconductor Manufacturing Co is in discussions with Nvidia Corp to produce its Blackwell artificial intelligence chips at the contract manufacturer's new plant in Arizona, three sources familiar with the matter said.  TSMC is already making preparations to start production early next year, the sources said. Nvidia's Blackwell chips, which the company unveiled in March, have so...
Syrian rebels say they have begun to enter crucial city of Hama
Syrian rebels say they have begun to enter crucial city of Hama
Dec 5, 2024
AMMAN (Reuters) - Syrian rebels said on Thursday they had started pushing into Hama, a major city where pro-government forces backed by intense Russian air strikes are trying to stave off a new rebel victory and halt the insurgents' lightning advance. Rebel commander Hassan Abdul Ghany posted on social media that the insurgents had begun to penetrate Hama. State media...
Foxconn says Nov revenue +3.47% y/y, Q4 outlook strong
Foxconn says Nov revenue +3.47% y/y, Q4 outlook strong
Dec 4, 2024
TAIPEI, Dec 5 (Reuters) - Taiwan's Foxconn, the world's largest contract electronics maker and Apple's ( AAPL ) biggest iPhone assembler, reported on Thursday revenue for November rose 3.47% year-on-year to reach the second highest on record for the month at T$672.6 billion ($20.75 billion). Fourth quarter operations are anticipated to show significant growth on both a quarterly and yearly...
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NLS Pharmaceutics Announces Registered Direct Offering, Private Placement of Shares, Warrants
NLS Pharmaceutics Announces Registered Direct Offering, Private Placement of Shares, Warrants
Jun 28, 2024
11:21 AM EDT, 06/28/2024 (MT Newswires) -- NLS Pharmaceutics ( NLSP ) said Friday it agreed to a registered direct offering and a private placement of shares and warrants, respectively. The company said it will issue and sell about 3.3 million shares at $0.24 apiece in the offering, while the private placement includes unregistered warrants to purchase up to nearly...
Microsoft and OpenAI partnership, Google and Samsung's AI deal in EU crosshairs
Microsoft and OpenAI partnership, Google and Samsung's AI deal in EU crosshairs
Jun 28, 2024
BRUSSELS, June 28 (Reuters) - EU antitrust regulators will seek additional third-party views on the partnership between Microsoft ( MSFT ) and OpenAI as well Google's artificial-intelligence deal with Samsung, EU competition chief Margrethe Vestager said on Friday. The move could lead to investigations and possible sanctions, underscoring the unease among regulators worldwide on Big Tech leveraging its dominance into...
Six Flags Entertainment Introduces Metaverse Gaming Platform on Roblox
Six Flags Entertainment Introduces Metaverse Gaming Platform on Roblox
Jun 28, 2024
11:16 AM EDT, 06/28/2024 (MT Newswires) -- Six Flags Entertainment ( SIX ) said Friday that it is introducing Six Flags Metaverse on Roblox ( RBLX ) . The company said the metaverse gaming platform will feature virtual roller coasters, Fright Fest-inspired mazes and interactive games. Through Digital Twin's Coastercoin software, users can collect virtual coins redeemable for Six Flags...
Elicio Therapeutics Stock Falls After $11.5 Million Underwritten Public Offering Priced
Elicio Therapeutics Stock Falls After $11.5 Million Underwritten Public Offering Priced
Jun 28, 2024
11:24 AM EDT, 06/28/2024 (MT Newswires) -- Elicio Therapeutics ( ELTX ) shares fell 38% in recent Friday trading after the company priced a $11.5 million underwritten public offering of its common shares and related warrants. The offering includes 500,000 common shares and accompanying warrants at an exercise price of $5 apiece, the company said Friday. Certain investors are entitled...
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