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Euro hits one-week high ahead of German inflation data
Euro hits one-week high ahead of German inflation data
Oct 30, 2024
Euro rose in European trade on Wednesday on track for the third profit in a row against the US dollar, hitting a week high after data showed Spanish inflation rose past estimates in October, renewing the pressure on the European Central Bank. The odds of a 0.25% ECB interest rate cut in December dipped, with investors now waiting for official...
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...
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...
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...
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Competitor Analysis: Evaluating NVIDIA And Competitors In Semiconductors & Semiconductor Equipment Industry
Competitor Analysis: Evaluating NVIDIA And Competitors In Semiconductors & Semiconductor Equipment Industry
Mar 13, 2025
In the ever-changing and fiercely competitive business landscape, conducting thorough company analysis is crucial for investors and industry experts. In this article, we will undertake a comprehensive industry comparison, evaluating NVIDIA ( NVDA ) and its primary competitors in the Semiconductors & Semiconductor Equipment industry. By closely examining key financial metrics, market position, and growth prospects, our aim is to...
S&P 500 Slides Into Correction Territory as EU-US Trade War Concerns Mount
S&P 500 Slides Into Correction Territory as EU-US Trade War Concerns Mount
Mar 13, 2025
02:03 PM EDT, 03/13/2025 (MT Newswires) -- US equity indexes slumped, with the S&P 500 entering correction territory after President Donald Trump warned significant import duties could befall the European Union's alcohol products and cooling producer prices failed to inspire confidence among investors. S&P 500 sank 1.6% to 5,507.1 after midday on Thursday, reportedly bringing its decline from a mid-February...
Forecasting The Future: 4 Analyst Projections For Cleanspark
Forecasting The Future: 4 Analyst Projections For Cleanspark
Mar 13, 2025
In the last three months, 4 analysts have published ratings on Cleanspark ( CLSK ) , offering a diverse range of perspectives from bullish to bearish. The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total...
News Corp sued by Brave Software, a Google search engine rival
News Corp sued by Brave Software, a Google search engine rival
Mar 13, 2025
March 13 (Reuters) - News Corp ( NWSA ) has been sued by Google search engine rival Brave Software, which seeks to forestall a lawsuit by Rupert Murdoch's company for when readers are directed to copyrighted articles from the Wall Street Journal and New York Post. In a Wednesday night complaint filed in San Francisco federal court, Brave said News...
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SAGA Metals Appoints Vernon Shein to Board of Advisors
SAGA Metals Appoints Vernon Shein to Board of Advisors
May 26, 2025
08:39 AM EDT, 05/15/2025 (MT Newswires) -- SAGA Metals ( SAGMF ) earlier Thursday said it appointed Vernon Shein to its board of advisors. Shein, a mining industry veteran with 39 years of exploration industry experience, worked as exploration manager for Bema Gold and its successor company B2Gold ( BTG ) for the last 18 years. The projects that he...
Nouveau Monde Advances Phase 2 Plans for Active Anode Material Project in Quebec
Nouveau Monde Advances Phase 2 Plans for Active Anode Material Project in Quebec
May 26, 2025
08:43 AM EDT, 05/15/2025 (MT Newswires) -- Nouveau Monde Graphite ( NMG ) on Thursday said it is advancing Phase 2 commercial plans for its active anode material project. Work is progressing on project financing, engineering, procurement and construction preparation, the company said. Nouveau Monde is developing a fully integrated ore-to-battery-material source of graphite-based active anode material in Quebec, which...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Salesforce to Buy Convergence.ai
Salesforce to Buy Convergence.ai
May 26, 2025
08:39 AM EDT, 05/15/2025 (MT Newswires) -- Salesforce ( CRM ) said Thursday it has agreed to buy AI agent company, Convergence.ai. Financial terms were not disclosed. The deal will likely be completed in Salesforce's ( CRM ) fiscal Q2 2026, the company said. ...
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US DOJ Arrests ‘Bitcoin Jesus’ Roger Ver for $50M Tax Evasion
US DOJ Arrests ‘Bitcoin Jesus’ Roger Ver for $50M Tax Evasion
May 1, 2024
The United States Department of Justice (DOJ) has charged and arrested Roger Ver, an early BTC investor known as Bitcoin Jesus, for evading taxes of up to $50 million. According to an official release, the DOJ unsealed the indictment against Ver on April 29 and ordered his arrest in Spain during the weekend. U.S. DOJ Charges Ver for Tax Evasion...
Bitcoin Price Recovers After Fed Announces No Rate Hike At FOMC
Bitcoin Price Recovers After Fed Announces No Rate Hike At FOMC
May 1, 2024
The Federal Reserve decided to maintain its benchmark interest rate of 5.25%% to 5.5% at the highly anticipated Federal Open Market Committee Meeting (FOMC) on Wednesday, following a fearsome 6% drawdown in Bitcoin’s price earlier that day. Within five minutes of the announcement, Bitcoin’s price rose from $57,300 to $57,700 Per a press release, the central bank said it also...
Bitcoin Newbies Are Panic Selling At A Loss After Price Crunch: Glassnode
Bitcoin Newbies Are Panic Selling At A Loss After Price Crunch: Glassnode
May 1, 2024
The crypto market has faced a massive correction over the past month – and new investors are proving incapable of stomaching the volatility. Blockchain data show that 2024 Bitcoin buyers, who entered a raging early-year bull market in which Bitcoin (BTC) surged to a new all-time high, are now panic selling at a loss as the asset’s price reverses course....
Polkadot Price Analysis: DOT Tumbles 7% Weekly but the Bulls May Be Staging a Comeback
Polkadot Price Analysis: DOT Tumbles 7% Weekly but the Bulls May Be Staging a Comeback
May 1, 2024
Polkadot’s price has been dropping rapidly over the last couple of months and is yet to show any sign of slowing down. However, the cryptocurrency might soon begin a bullish rebound. Technical Analysis By TradingRage The Daily Chart On the daily chart, the price has been on an aggressive decline since a rejection from the $12 resistance level. The market...
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