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Sector Update: Financial
Sector Update: Financial
May 25, 2025
03:44 PM EDT, 05/01/2025 (MT Newswires) -- Financial stocks rose in late Thursday afternoon trading with the NYSE Financial Index up 0.2% and the Financial Select Sector SPDR Fund (XLF) ahead 0.5%. The Philadelphia Housing Index added 0.6%, and the Real Estate Select Sector SPDR Fund (XLRE) rose 0.7%. Bitcoin (BTC-USD) gained 2.4% to $96,520, and the yield for 10-year...
Sector Update: Health Care Stocks Slide Late Afternoon
Sector Update: Health Care Stocks Slide Late Afternoon
May 25, 2025
03:57 PM EDT, 05/01/2025 (MT Newswires) -- Health care stocks declined late Thursday afternoon, with the NYSE Health Care Index and the Health Care Select Sector SPDR Fund (XLV) each shedding about 2.4%. The iShares Biotechnology ETF (IBB) fell 1%. In corporate news, Kronos Bio ( KRON ) shares tumbled past 20% after the firm agreed to be acquired by...
Sector Update: Tech
Sector Update: Tech
May 25, 2025
03:43 PM EDT, 05/01/2025 (MT Newswires) -- Tech stocks were higher late Thursday afternoon, with the Technology Select Sector SPDR Fund (XLK) adding 2.2% and the SPDR S&P Semiconductor ETF (XSD) gaining 2.4%. The Philadelphia Semiconductor index rose 1.2%. In corporate news, Roblox ( RBLX ) on Thursday raised its 2025 bookings outlook after it topped Wall Street's expectations for...
Sector Update: Financial Stocks Advance Late Afternoon
Sector Update: Financial Stocks Advance Late Afternoon
May 25, 2025
03:56 PM EDT, 05/01/2025 (MT Newswires) -- Financial stocks increased in late Thursday afternoon trading, with the NYSE Financial Index up 0.3% and the Financial Select Sector SPDR Fund (XLF) ahead 0.6%. The Philadelphia Housing Index added 0.8%, and the Real Estate Select Sector SPDR Fund (XLRE) rose 1%. Bitcoin (BTC-USD) gained 2.7% to $96,608, and the yield for 10-year...
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Technology >
AMD's AI bets face investor scrutiny as Big Tech switches to custom chips
AMD's AI bets face investor scrutiny as Big Tech switches to custom chips
Feb 3, 2025
By Arsheeya Bajwa (Reuters) - AMD investors will closely examine the chip designer's artificial intelligence strategy when it reports fourth-quarter results on Tuesday as Big Tech's shift to custom silicon raises doubts about its place in the AI infrastructure race. Analysts expect AMD's December-quarter revenue to surge over 22% to $7.53 billion, but the company's growth prospects are shadowed by...
The legal challenges faced by Samsung chief Jay Y Lee
The legal challenges faced by Samsung chief Jay Y Lee
Feb 3, 2025
(Reuters) - Samsung Electronics Chairman Jay Y. Lee was found not guilty of accounting fraud and stock manipulation by a Seoul appeals court on Monday, in a ruling that could remove long-running legal risks that Lee has faced from criminal cases. For nearly a decade, Lee, the leader of South Korea's biggest conglomerate, has been embroiled in a series of...
Expert Outlook: Sprout Social Through The Eyes Of 6 Analysts
Expert Outlook: Sprout Social Through The Eyes Of 6 Analysts
Feb 3, 2025
In the last three months, 6 analysts have published ratings on Sprout Social ( SPT ) , offering a diverse range of perspectives from bullish to bearish. The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish...
Nokia Picked by DE-CIX to Upgrade New York Internet Exchange Backbone
Nokia Picked by DE-CIX to Upgrade New York Internet Exchange Backbone
Feb 3, 2025
09:30 AM EST, 02/03/2025 (MT Newswires) -- Nokia ( NOK ) has been selected by DE-CIX to upgrade the backbone network for DE-CIX's Internet Exchange backbone in New York, the companies said Monday. The backbone will be upgraded to 400 gigabit ethernet using Nokia's ( NOK ) optical technology and will be redesigned in a ring topology, the companies said....
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Chamundeshwari Election Results Highlights | G T Devegowda Of JDS Wins
Chamundeshwari Election Results Highlights | G T Devegowda Of JDS Wins
May 13, 2023
In the 2018 Assembly polls for the Chamundeshwari constituency, there were a total of 2,89,138 eligible electors. Out of these, 1,49,926 were male, 1,45,882 were female, and 35 electors belonged to the third gender.
Babaleshwar Election Results Highlights | INC's M B Patil triumphs over BJP's Vijaykumar Patil
Babaleshwar Election Results Highlights | INC's M B Patil triumphs over BJP's Vijaykumar Patil
May 13, 2023
In the 2018 Karnataka Assembly elections, Mallanagoud Basanagoud Patil of the INC won the seat, defeating Vijayakumar Sidramgouda Patil of the JDS by a margin of 29,715 votes, which was 17.31 percent of the total votes cast in the constituency.
Hassan Election Results LIVE | JDS' Swaroop Prakash wins seat in a neck-and-neck fight
Hassan Election Results LIVE | JDS' Swaroop Prakash wins seat in a neck-and-neck fight
May 12, 2023
Hassan Election Results 2023 LIVE Updates | The seat witnessed a neck-and-neck fight with the JD(S) candidate bagging 85,176 votes while the BJP's Gowda polled 77,322 votes. Congress candidate Banavase Rangaswamy was in third place with 4,305 votes.
Shikaripura Election Results LIVE | BY Vijayendra wins and retains father Yediyurappa’s stronghold
Shikaripura Election Results LIVE | BY Vijayendra wins and retains father Yediyurappa’s stronghold
May 12, 2023
Shikaripura election results LIVE | Congress has once again chosen GB Malatesha as their candidate. In the 2018 assembly polls, Malatesha secured the runner-up position with an impressive vote count of 51,586, while the overall voter turnout stood at 33 percent. Yediyurappa emerged victorious with a staggering margin of 86,983 votes and a voting rate of 56 percent. HT Balegar, the JD(S) candidate, secured the third position with 13,191 votes.
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Top Midday Stories: Taiwan Semiconductor to Get $6.6 billion in US subsidies; Tesla to unveil 'Robotaxi'; Blackstone Acquires AIR Communities; FAA to Investigate Boeing Incident; Spirit Airlines to De
Top Midday Stories: Taiwan Semiconductor to Get $6.6 billion in US subsidies; Tesla to unveil 'Robotaxi'; Blackstone Acquires AIR Communities; FAA to Investigate Boeing Incident; Spirit Airlines to De
Apr 8, 2024
12:00 PM EDT, 04/08/2024 (MT Newswires) -- Wall Street's major indexes were all up in late-morning trading on Monday as investors look to bounce back from a down week. In company news, Taiwan Semiconductor Manufacturing ( TSM ) said it will receive up to $6.6 billion in subsidies from the US Commerce Department to expand the facilities for advanced semiconductor...
Israeli 'Cannabis Sticks' Maker Reports Financial Results For 2023 Following Reverse Takeover
Israeli 'Cannabis Sticks' Maker Reports Financial Results For 2023 Following Reverse Takeover
Apr 8, 2024
Israeli technology and cannabinoid company StickIt Technologies Inc. (CSE:STKT) announced its financial results on Monday for the year ended Dec. 31, 2023. Revenue for the fiscal 2023 amounted to CA$203 000 ($149,300), compared to CA$564 000 in the prior year. The company called 2023 a notable year following the completion of a reverse takeover on Oct. 23, 2023, positioning StickIt...
Crude Oil Moves Lower; Perion Network Shares Tumble
Crude Oil Moves Lower; Perion Network Shares Tumble
Apr 8, 2024
U.S. stocks traded higher midway through trading, with the Nasdaq Composite gaining over 50 points on Monday. The Dow traded up 0.21% to 38,983.94 while the NASDAQ rose 0.39% to 16,311.32. The S&P 500 also rose, gaining, 0.24% to 5,216.95. Check This Out: Jim Cramer Isn't Going With This Tech Company: 'It's Complicated. I'm A Nvidia Guy'   Leading and...
Equinox Gold Pauses Mining at Piaba Pit in Brazil Due to Heavy Rains
Equinox Gold Pauses Mining at Piaba Pit in Brazil Due to Heavy Rains
Apr 8, 2024
12:32 PM EDT, 04/08/2024 (MT Newswires) -- Equinox Gold ( EQX ) said Monday that mining at the Piaba pit in Maranhao, Brazil, was paused after heavy rains caused displacement of material in two locations in the south wall of the pit. Mining was paused after access to the pit was restricted. The company is establishing an initial remediation plan...
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Cryptocurrency >
Bitcoin ETFs Records Over $422M in Daily Net Inflow, As BTC Sees 10% Weekly Gains
Bitcoin ETFs Records Over $422M in Daily Net Inflow, As BTC Sees 10% Weekly Gains
Jul 17, 2024
The spot Bitcoin exchange-traded funds (ETFs) offered in the United States have recorded the highest inflow since June 5th. According to public data from SoSoValue, $422 million entered the market on July 16th. This would be the eighth day the investment vehicles would record consecutive inflows. BlackRock Leads the Charge Investment giant BlackRock led the chart as usual. This time,...
Ripple (XRP) Skyrockets 13% Daily to 3
Ripple (XRP) Skyrockets 13% Daily to 3
Jul 17, 2024
Amid the ongoing positive inflows toward the spot Bitcoin ETFs, the price of the underlying asset continues to recover and tapped $66,000 for the first time in roughly a month earlier today. The altcoins are also well in the green, with XRP leading the pack following a 13% daily surge. BTC Stopped at $66K Bitcoins price actions went through extreme...
FTX and US CFTC Reach $12.7 Billion Settlement: Details
FTX and US CFTC Reach $12.7 Billion Settlement: Details
Jul 17, 2024
Bankrupt cryptocurrency exchange FTX and the U.S. Commodity Futures Trading Commission (CFTC) have reached a $12.7 billion settlement, pending approval from a Delaware judge. If approved, the entire $12.7 billion will be allocated to paying back FTX’s creditors, as the CFTC has decided against seeking a civil monetary penalty. $12.7 Billion Settlement The settlement, detailed in a July 12 filing,...
Craig Wright Could Face Perjury Charges for Claiming to be Bitcoin Creator
Craig Wright Could Face Perjury Charges for Claiming to be Bitcoin Creator
Jul 16, 2024
Australian computer scientist Craig Wright’s claims to be Bitcoin’s pseudonymous creator, Satoshi Nakamoto, could lead British prosecutors to charge him with perjury and forgery of documents. A new ruling in the Crypto Open Patent Alliance (COPA) vs. Wright case revealed that High Court Justice James Mellor has referred Wright’s misconduct to the Crown Prosecution Service (CPS) for consideration on charging...
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