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...

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...

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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02:02 PM EST, 02/07/2025 (MT Newswires) -- Consumer stocks were lower Friday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) easing 0.1% and the Consumer Discretionary Select Sector SPDR Fund (XLY) falling 1.3%. In corporate news, Newell Brands' ( NWL ) Q4 earnings came in ahead of Wall Street estimates, but revenue missed estimates, while the company issued...

01:56 PM EST, 02/07/2025 (MT Newswires) -- Financial stocks were decreasing in Friday afternoon trading, with the NYSE Financial Index and the Financial Select Sector SPDR Fund (XLF) each easing 0.3%. The Philadelphia Housing Index was falling 2.9%, and the Real Estate Select Sector SPDR Fund (XLRE) was off 0.2%. Bitcoin (BTC-USD) was increasing 1.5% to $97,920, and the yield...

02:18 PM EST, 02/07/2025 (MT Newswires) -- Fitell ( FTEL ) unveiled a registered direct offering of about 2 million shares to an institutional investor at $5.02 per share, along with warrants to purchase up to about the same number of shares at an exercise price of $5.02, for gross proceeds of about $10 million. Shares slumped 57% following a...

02:00 PM EST, 02/07/2025 (MT Newswires) -- (Updates prices.) Gold rose early on Friday, supported by safe-haven buying even as the dollar rose after the United States added fewer new jobs than expected in January. Gold for April delivery was last seen up US$12.30 to US$2,889.00 per ounce. The price of the metal rose to a record high of US$2,893.00...

During the last three months, 4 analysts shared their evaluations of C3.ai ( AI ) , revealing diverse outlooks from bullish to bearish. The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0 1 2...

Adobe is gearing up to announce its quarterly earnings on Wednesday, 2024-12-11. Here's a quick overview of what investors should know before the release. Analysts are estimating that Adobe will report an earnings per share (EPS) of $4.67. Investors in Adobe are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter....

Cognyte Software ( CGNT ) will release its quarterly earnings report on Wednesday, 2024-12-11. Here's a brief overview for investors ahead of the announcement. Analysts anticipate Cognyte Software ( CGNT ) to report an earnings per share (EPS) of $-0.04. Anticipation surrounds Cognyte Software's ( CGNT ) announcement, with investors hoping to hear about both surpassing estimates and receiving positive...

Deep-pocketed investors have adopted a bearish approach towards Broadcom ( AVGO ) , 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 AVGO usually suggests something big is about to happen. We gleaned this information from...

The Congress and the NCP will announce their seat-sharing pact and alliances with smaller like-minded parties for the 48 Lok Sabha seats in Maharashtraon Saturday.

More than determining the political fortunes in New Delhi, the people of Kerala, on April 23, will vote to convey whether the majority there stand by progress or will like to remain steeped in whatever is called their tradition, invented and otherwise

India is gearing up for the 17th Lok Sabha elections, which will be conducted in seven phases starting from April...

The opposition 'Mahagathbandhan' in Bihar on Friday announced its seat-sharing formula for the 40 Lok Sabha seats in the state, half of which will be fought by Lalu Prasads RJD and nine by Congress.

Blackstone Inc. ( BX ) stated that Blackstone Real Estate has agreed to sell Turtle Bay Resort for $725 million. Turtle Bay Resort has 450 rooms on 1,300 acres along the North Shore of O’ahu and boasts a variety of top-tier amenities. The sale is expected to close in the third quarter of 2024. Blackstone bought the hotel in 2018 for $332 million and...

11:20 AM EDT, 05/29/2024 (MT Newswires) -- Blackrock Silver ( BKRRF ) said Wednesday it raised $10.35 million as it closed a bought-deal offering of share units. The company sold an underwriting syndicate 32.34-million units priced at $0.32 and made up of a share and one half of a two-year warrant to buy a second share for $0.48. The completed...

May 29 (Reuters) - American Airlines ( AAL ) was accused in a lawsuit on Wednesday of race discrimination for temporarily removing three Black men from a flight from Phoenix, Arizona, to New York City. In a complaint filed in federal court in Brooklyn, the plaintiffs said they and five other Black men were removed from the flight in January...

May 29 (Reuters) - Exxon Mobil ( XOM ) shareholders on Wednesday re-elected Chairman Darren Woods and lead director Joseph Hooley, who were targeted by activist shareholders. The two had faced a vote no campaign by shareholder rights activists over the top U.S. oil company's lawsuit seeking to bar climate-focused investors from bringing future resolutions. ...

TL;DR The cryptocurrency community, apart from all of its positive sides, often publishes various predictions and makes big claims, many of which turn out to be completely false. A popular X user now claims that there are strong rumors Apple will announce a big crypto purchase today and its XRP. Are the “rumors” in the room with us right now?...

Ripple has revealed a new agreement with BBVA that will see the Spanish bank adopt Ripples digital asset custody technology. The partnership comes as BBVA recently launched a crypto-asset trading and custody service in Spain, which offers Bitcoin (BTC) and Ether (ETH) to retail clients. Ripples Expansion Into Spain With this integration, BBVA will rely on Ripple Custody, an institutional-grade...

A prominent market analyst is raising alarms that the current uptick among altcoins is a deliberate setup, a final act of distribution before a potential macroeconomic storm. With critical inflation data and a Federal Reserve meeting on the horizon, he is labeling the rally as a sophisticated trap for overeager retail investors. Exit Pump Risk as Macro Events Loom In...

The Bitcoin (BTC) market’s supply dynamics are being reshaped, with on-chain data showing that large holders of the asset are selling off some of their stash, while mid-tier investors are buying more. This transition is happening as BTC trades near a long-term support zone, raising questions about whether its next move could be another leg higher or the start of...