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US dollar heads towards weekly loss
US dollar heads towards weekly loss
Jun 6, 2025
The dollar is heading for a weekly loss today amid a weak US economic performance and little progress in trade talks with global partners. Investors are closely assessing the US payrolls report released today to gauge the path ahead for the Feds monetary policies, with recent data so far showing the economy is facing increasing inflationary pressures and slower growth....
Yen rebounds before US-China trade talks
Yen rebounds before US-China trade talks
Jun 9, 2025
The Japanese yen rose in Asian trade on Monday against a basket of major rivals, recovering from a week low against the dollar on haven demand ahead of a new round of trade talks between the US and China. Recent Tokyo data showed the Japanese GDP grew better than expected in the first quarter of the year, bolstering the odds...
After a wave of gains: Dollar declines ahead of US-China trade talks
After a wave of gains: Dollar declines ahead of US-China trade talks
Jun 9, 2025
The US dollar fell against most major rivals on Monday after the wave of optimism following the US payrolls report dissipated, replaced by caution ahead of the US-China London trade talks today. The talks come at a sensitive time for both economies, with China facing recession pressures, while US consumption and trade suffer from trade uncertainty, forcing investors reconsider the...
Euro gives up six-week high on profit-taking
Euro gives up six-week high on profit-taking
Jun 6, 2025
The euro fell in European trade on Friday against a basket of major rivals, giving up a six-week high against the US dollar on profit-taking. Despite the losses, the common currency is about to mark a weekly profit after the European Central Bank hinted at a pause in the year-long cycle of policy easing. The dollar rebounded ahead of the...
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US STOCKS-Futures tick up after Wall Street hits record highs
US STOCKS-Futures tick up after Wall Street hits record highs
Mar 22, 2024
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Futures up: Dow 0.04%, S&P 0.11%, Nasdaq 0.18% March 22 (Reuters) - U.S. stock index futures inched higher on Friday, setting Wall Street on course for strong weekly gains as investors cheered the Federal Reserve sticking to its rate-easing...
SNAPSHOT-India stocks, rupee, swaps, call at 3:30 p.m. IST
SNAPSHOT-India stocks, rupee, swaps, call at 3:30 p.m. IST
Mar 22, 2024
MUMBAI, March 22 (Reuters) - STOCKS: The benchmark BSE Sensex rose 190.75 points, or 0.26%, to 72,831.94, while the broader NSE index gained 66.1 points, or 0.30%, to 22,078.05, as IT sector bellwether Accenture's revenue warning offset optimism around U.S. Federal Reserve rate cuts. RUPEE: The Indian rupee weakened 0.33% versus the U.S. dollar, and quoted at 83.43 per dollar,...
Dell, TJX And 2 Other Stocks Insiders Are Selling
Dell, TJX And 2 Other Stocks Insiders Are Selling
Mar 22, 2024
The Nasdaq 100 closed higher by around 80 points on Thursday. Investors, meanwhile, focused on some notable insider trades. When insiders sell shares, it could be a preplanned sale, or could indicate their concern in the company's prospects or that they view the stock as being overpriced. Insider sales should not be taken as the only indicator for making an...
US STOCKS-Futures edge higher after Wall Street scales record peak
US STOCKS-Futures edge higher after Wall Street scales record peak
Mar 22, 2024
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Tesla slips on report co trims car production in China * FedEx ( FDX ) jumps on Q3 profit beat * Nike ( NKE ) falls after revenue forecast disappoints * Futures up: Dow 0.10%, S&P 0.11%, Nasdaq 0.07%...
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What the Options Market Tells Us About T-Mobile US
What the Options Market Tells Us About T-Mobile US
Mar 22, 2024
Deep-pocketed investors have adopted a bearish approach towards T-Mobile US ( TMUS ) , and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in TMUS usually suggests something big is about to happen. We gleaned this information...
Xiaomi car app launched on Apple's App Store in China
Xiaomi car app launched on Apple's App Store in China
Mar 24, 2024
BEIJING, March 25 (Reuters) - An app of Xiaomi's ( XIACF ) car has been launched on Apple's ( AAPL ) App Store in China- Reuters checks showed on Monday. The Chinese smartphone maker's first electric vehicle SU7 will be officially unveiled at 7 p.m. (1100 GMT) on Thursday, Xiaomi ( XIACF ) founder Lei Jun said on Weibo earlier...
China woos foreign investors in meetings with Apple CEO, global executives
China woos foreign investors in meetings with Apple CEO, global executives
Mar 23, 2024
SHANGHAI, March 23 (Reuters) - Chinese Commerce Minister Wang Wentao has met top executives of global companies including Apple Inc ( AAPL ) and SK Hynix Inc ahead of a major business conference as Beijing woos foreign investors amid geopolitical and trade tensions. In the meetings with Apple ( AAPL ) CEO Tim Cook, Hynix CEO Kwak Noh-Jung and other...
Benzinga Bulls And Bears: Tesla, Nvidia, Bitcoin And A Sudden Spike In Google Searches For Shiba Inu
Benzinga Bulls And Bears: Tesla, Nvidia, Bitcoin And A Sudden Spike In Google Searches For Shiba Inu
Mar 23, 2024
Benzinga examined the prospects for many investors’ favorite stocks over the last week — here’s a look at some of our top stories. This week, the S&P 500 climbed 2.3%, while the Dow Jones saw a nearly 2% increase, marking its best performance since December. The Nasdaq led the gains, soaring by nearly 2.9%. Despite rising inflation and solid economic...
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SeatGeek Adds Citigroup, Wells Fargo To IPO That Could Come As Soon As This Year
SeatGeek Adds Citigroup, Wells Fargo To IPO That Could Come As Soon As This Year
Jun 5, 2024
Ticket-seller SeatGeek, Inc. has added banks Citigroup Inc. ( C ) and Wells Fargo & Co. ( WFC ) to the lineup for its planned initial public offering (IPO) led by Morgan Stanley. The Details:  According to a Bloomberg report, SeatGeek is targeting a valuation in an IPO that is greater than the $1.35 billion figure it agreed to in...
Williams Wins Court Injunction Against Energy Transfer in Pipeline-Development Case
Williams Wins Court Injunction Against Energy Transfer in Pipeline-Development Case
Jun 5, 2024
02:20 PM EDT, 06/05/2024 (MT Newswires) -- Williams (WMB) said Wednesday it won a permanent court injunction to halt Energy Transfer (ET) from interfering in a pipeline project in Louisiana. The court win in Louisiana's 36th Judicial District Court in Beauregard Parish covers all seven of the proposed crossings under the Louisiana Energy Gateway pipeline, a Williams spokesperson said in...
Monolithic Power Systems Insider Sold Shares Worth $5,848,606, According to a Recent SEC Filing
Monolithic Power Systems Insider Sold Shares Worth $5,848,606, According to a Recent SEC Filing
Jun 5, 2024
02:21 PM EDT, 06/05/2024 (MT Newswires) -- Michael Hsing, Director, CEO, on June 03, 2024, sold 8,000 shares in Monolithic Power Systems ( MPWR ) for $5,848,606. Following the Form 4 filing with the SEC, Hsing has control over a total of 1,026,273 shares of the company, with 880,408 shares held directly and 145,865 controlled indirectly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1280452/000121465924010598/xslF345X03/marketforms-66171.xml Price:...
Democrat calls only 7 EV-charging stations deployed under US program 'pathetic'
Democrat calls only 7 EV-charging stations deployed under US program 'pathetic'
Jun 5, 2024
WASHINGTON (Reuters) - Just seven electric-vehicle (EV) charging stations have begun operating with funding from a $5-billion U.S. government program created in 2021, marking pathetic progress, a Democratic senator said on Wednesday. Automakers and others say drastically expanding EV-charging stations is crucial to the wide deployment of electric vehicles, which are part of the Biden Administration's efforts to reduce greenhouse...
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This Ripple Metric Explodes by Over 600% in a Week: XRP Price Pump Incoming?
This Ripple Metric Explodes by Over 600% in a Week: XRP Price Pump Incoming?
Mar 5, 2025
TL;DR Active XRP addresses have exploded in the past week, signaling new bullish momentum for the asset’s price. Analysts remain optimistic, with some predicting a parabolic move above $27. However, that would require the market cap to jump to the unrealistic $1.5 trillion. The Substantial Increase Ripples XRP witnessed enhanced volatility in the last week, with its price briefly plunging...
Hard Times for ETH Holders: Whales’ Unrealized Profit Ratio Shrinks to Bear Market Levels
Hard Times for ETH Holders: Whales’ Unrealized Profit Ratio Shrinks to Bear Market Levels
Mar 5, 2025
Ethereum continues to face tough times in this bull cycle, underperforming other alternative coins despite its position as the second-largest cryptocurrency. While the broader crypto market is struggling currently, ether (ETH) appears to be getting hit the hardest compared to its rivals, as seen in the assets on-chain metrics. The latest data analyzed by the market intelligence platform CryptoQuant has...
US Senate Votes to Repeal IRS DeFi Reporting Rule
US Senate Votes to Repeal IRS DeFi Reporting Rule
Mar 5, 2025
In the latest pro-crypto pivot in the US, the Senate has quashed a rule submitted by the Internal Revenue Service relating to “Gross Proceeds Reporting by Brokers That Regularly Provide Services Effectuating Digital Asset Sales.” The rule required decentralized finance platforms to report detailed information on customers to the IRS, starting for tax year 2027. It was aimed at improving...
Bitcoin Giant Blockstream Expands into Institutional Investment With Multi
Bitcoin Giant Blockstream Expands into Institutional Investment With Multi
Mar 5, 2025
Bitcoin infrastructure provider Blockstream has officially announced the launch date for its highly anticipated institutional-grade Bitcoin investment funds. Set to go live on April 1st, the funds will introduce new Bitcoin-backed lending and investment solutions, with external capital acceptance beginning on July 1. The crypto lending industry faced significant turmoil following the collapse of FTX, which led to a wave...
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