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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 moves in a positive zone after inflation data
Aussie moves in a positive zone after inflation data
May 25, 2025
The Australian dollar rose in Asian trade on Wednesday against the US dollar after a short hiatus yesterday, with the pair heading towards four-month high and about to mark the second monthly profit in a row. Earlier Sydney data showed inflationary pressures remained persistent on monetary policymakers, casting doubts on the odds of an Australian interest rate cut in May....
Aussie rallies to five-month high after Labor's election win
Aussie rallies to five-month high after Labor's election win
May 25, 2025
The Australian dollar rallied in Asian trade on Monday to a five-month high against the US dollar, expanding gains for the second straight session and on track towards 65 cents. It comes after a historic win by the governing Labor Party, which bolsters the governments position towards growing global trade risks from Trumps tariffs. The Price The AUD/USD price rose...
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...
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Wall St Week Ahead-Jobs, inflation data may break the US Treasury market out of narrow range
Wall St Week Ahead-Jobs, inflation data may break the US Treasury market out of narrow range
Jun 30, 2024
NEW YORK, June 28 (Reuters) - A series of upcoming economic reports and Congressional testimony from Federal Reserve Chairman Jerome Powell could jolt U.S. government bonds out of a narrow trading range. Yields on benchmark U.S. 10-year Treasuries, which move inversely to bond prices, have bounced between about 4.20% and 4.35% since mid-June, as the market digested data showing slowing...
S&P 500 Edges Down on Week, Still Logs Strong Gain for First Half of 2024
S&P 500 Edges Down on Week, Still Logs Strong Gain for First Half of 2024
Jun 28, 2024
04:53 PM EDT, 06/28/2024 (MT Newswires) -- The Standard & Poor's 500 edged down for its first weekly loss since late May, though the index rose almost 15% in the first half of 2024. The S&P 500 ended Friday's session at 5,460.48, down slightly from last week's closing level of 5,464.62. With this being the only week the market benchmark...
Social Buzz: Wallstreetbets Stocks Mixed Premarket Monday; Tesla to Advance, Nvidia to Decline
Social Buzz: Wallstreetbets Stocks Mixed Premarket Monday; Tesla to Advance, Nvidia to Decline
Jul 1, 2024
06:51 AM EDT, 07/01/2024 (MT Newswires) -- The most-talked-about stocks in the Reddit subforum Wallstreetbets were mixed hours before Monday's opening bell. Tesla (TSLA) rose by 1.6% in premarket activity, after a 0.2% increase from the previous session. JPMorgan Chase ( JPM ) was up 0.8% in pre-bell hours, extending gains after closing Friday with a 1.6% increase. Amazon.com (...
Equity Markets Fall as Traders Parse Consumer Spending Report
Equity Markets Fall as Traders Parse Consumer Spending Report
Jun 28, 2024
04:48 PM EDT, 06/28/2024 (MT Newswires) -- US benchmark equity indexes closed lower Friday as markets assessed a report showing consumer spending rose less than expected in May. The Nasdaq Composite fell 0.7% to 17,732.6, while the S&P 500 lost 0.4% to 5,460.5. The Dow Jones Industrial Average dropped 0.1% to 39,118.9. Communication services posted the steepest decline among sectors,...
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How chip giant Intel spurned OpenAI and fell behind the times
How chip giant Intel spurned OpenAI and fell behind the times
Aug 7, 2024
SAN FRANCISCO (Reuters) - For U.S. chip giant Intel, the darling of the computer age before it fell on harder times in the AI era, things might have been quite different.  About seven years ago, the company had the chance to buy a stake in OpenAI, then a fledgling non-profit research organization working in a little-known field called generative artificial...
Deals of the day-Mergers and acquisitions
Deals of the day-Mergers and acquisitions
Aug 7, 2024
Aug 7 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Wednesday: ** U.S. private equity firm KKR&Co ( KKR ) plans to help Japan's Fuji Soft go private under a management buyout worth about $4.09 billion, the Nikkei website said. ** British ad group WPP ( WPP ) is selling its controlling stake...
Entegris inks supply deal with chipmaker ON Semiconductor
Entegris inks supply deal with chipmaker ON Semiconductor
Aug 7, 2024
Aug 7 (Reuters) - Industrial materials maker Entegris Inc ( ENTG ) said on Wednesday it has entered into a long-term supply agreement with chipmaker ON Semiconductor to provide technological solutions to help manufacture silicon carbide (SiC)-based semiconductors. WHY IT'S IMPORTANT The surge in adoption of artificial intelligence applications has thrust semiconductor manufacturers into the spotlight. Chipmakers are among the...
INSIGHT-How chip giant Intel spurned OpenAI and fell behind the times
INSIGHT-How chip giant Intel spurned OpenAI and fell behind the times
Aug 7, 2024
SAN FRANCISCO, Aug 7 (Reuters) - For U.S. chip giant Intel, the darling of the computer age before it fell on harder times in the AI era, things might have been quite different. About seven years ago, the company had the chance to buy a stake in OpenAI, then a fledgling non-profit research organization working in a little-known field called...
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Trump says US has a buyer for TikTok 
Trump says US has a buyer for TikTok 
Sep 16, 2025
WASHINGTON (Reuters) - President Donald Trump said on Tuesday that the U.S. and China have a deal that will keep the short-video app TikTok operating in the United States, transferring its U.S. assets to U.S. owners from China's ByteDance, potentially resolving a saga that has lingered for nearly a year.  A deal on the popular social media app, which counts...
Sector Update: Consumer Stocks Mixed Pre-Bell Tuesday
Sector Update: Consumer Stocks Mixed Pre-Bell Tuesday
Sep 16, 2025
09:25 AM EDT, 09/16/2025 (MT Newswires) -- Consumer stocks were mixed pre-bell Tuesday, with the Consumer Staples Select Sector SPDR Fund ( XLP ) 0.1% lower and the Consumer Discretionary Select Sector SPDR Fund ( XLY ) up 0.4%. Dave & Buster's Entertainment (PLAY) stock was down nearly 20% after the company reported fiscal Q2 adjusted earnings and revenue that...
Form 8.3 - IQE PLC
Form 8.3 - IQE PLC
Sep 16, 2025
MILWAUKEE--(BUSINESS WIRE)--   FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE Rule 8.3 of the Takeover Code (the “Code”) 1. KEY INFORMATION (a) Full name of discloser: Artisan Partners Limited Partnership (b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee...
Market Chatter: Novo Nordisk to Reclassify Senior Management Titles
Market Chatter: Novo Nordisk to Reclassify Senior Management Titles
Sep 16, 2025
09:29 AM EDT, 09/16/2025 (MT Newswires) -- Novo Nordisk ( NVO ) will overhaul job titles across its senior management ranks starting next year as part of a restructuring under new Chief Executive Maziar Mike Doustdar, Bloomberg reported Tuesday, citing an internal company memo. The changes will affect only titles and will not alter pay, benefits or job levels, according...
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