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Nasdaq Surges 1%; US Construction Spending Rises In February
Nasdaq Surges 1%; US Construction Spending Rises In February
Apr 1, 2025
U.S. stocks traded higher midway through trading, with the Nasdaq Composite gaining more than 1% on Tuesday. The Dow traded up 0.26% to 42,110.35 while the NASDAQ rose 1.06% to 17,481.99. The S&P 500 also rose, gaining, 0.59% to 5,644.98. Check This Out: Top 3 Tech And Telecom Stocks That May Keep You Up At Night In Q2 Leading and...
Sector Update: Energy Stocks Mixed Tuesday Afternoon
Sector Update: Energy Stocks Mixed Tuesday Afternoon
Apr 1, 2025
01:49 PM EDT, 04/01/2025 (MT Newswires) -- Energy stocks were mixed Tuesday afternoon with the NYSE Energy Sector Index up 0.1% and the Energy Select Sector SPDR Fund (XLE) easing 0.2%. The Philadelphia Oil Service Sector Index rose 1.1%, and the Dow Jones US Utilities Index eased 0.2%. West Texas Intermediate crude oil declined 0.4% to $71.21 a barrel, and...
Sector Update: Tech
Sector Update: Tech
Apr 1, 2025
01:41 PM EDT, 04/01/2025 (MT Newswires) -- Tech stocks were mixed Tuesday afternoon with the Technology Select Sector SPDR Fund (XLK) up 0.3% and the SPDR S&P Semiconductor ETF (XSD) easing 0.1%. The Philadelphia Semiconductor index decreased 0.2%. In sector news, microchip companies set to receive US grant money under the Biden presidency are in limbo after the Trump administration...
US Equity Indexes Mixed, Treasury Yields Drop as Investors Weigh Structure of Trump's Reciprocal Tariffs
US Equity Indexes Mixed, Treasury Yields Drop as Investors Weigh Structure of Trump's Reciprocal Tariffs
Apr 1, 2025
01:43 PM EDT, 04/01/2025 (MT Newswires) -- US equity indexes traded mixed intraday while government bond yields fell and gold futures hit a new record high, as uncertainty continued to surround the nature of the Trump administration's upcoming reciprocal trade tariffs due Wednesday. The Nasdaq Composite rose 0.6% to 17,409.1, and the S&P 500 climbed 0.1% to 5,619.5 after midday...
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Bessent says Trump tariff threat may light a fire under EU in trade talks
Bessent says Trump tariff threat may light a fire under EU in trade talks
May 26, 2025
BANFF, Alberta (Reuters) -Treasury Secretary Scott Bessent said on Friday that President Donald Trump does not believe that the European Union's trade offers to the United States are of sufficient quality and that he hopes that a June 1 50% tariff threat will light a fire under the EU in negotiations with Washington. Bessent told Fox News Channel that many...
Market Whales and Their Recent Bets on AVGO Options
Market Whales and Their Recent Bets on AVGO Options
May 26, 2025
Whales with a lot of money to spend have taken a noticeably bullish stance on Broadcom ( AVGO ). Looking at options history for Broadcom ( AVGO ) we detected 19 trades. If we consider the specifics of each trade, it is accurate to state that 36% of the investors opened trades with bullish expectations and 31% with bearish. From...
Exclusive-Foxconn among potential bidders for Singaporean chip assembly firm UTAC in $3 billion deal, sources say
Exclusive-Foxconn among potential bidders for Singaporean chip assembly firm UTAC in $3 billion deal, sources say
May 26, 2025
HONG KONG (Reuters) - Taiwan's Foxconn is among potential bidders for the Singaporean semiconductor assembly and testing business UTAC Holdings in a deal that could value the company at about $3 billion, two people with knowledge of the matter said. UTAC's owner, Beijing-based private equity firm Wise Road Capital, has hired Jefferies to run a sale process and is expecting...
Expert Outlook: Newmark Group Through The Eyes Of 4 Analysts
Expert Outlook: Newmark Group Through The Eyes Of 4 Analysts
May 26, 2025
Throughout the last three months, 4 analysts have evaluated Newmark Group ( NMRK ) , offering a diverse set of opinions 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 Bearish Total...
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Ads-Tec Energy Establishes Austrian Sales, Service Company
Ads-Tec Energy Establishes Austrian Sales, Service Company
May 27, 2025
10:13 AM EDT, 05/27/2025 (MT Newswires) -- Ads-Tec Energy ( ADSE ) said Tuesday that it incorporated Ads-Tec Energy Austria to expand customer support services across Central and Eastern Europe. The company said it established a sales and service company in Austria in April 2025. The Austrian business received its first order of three 5 megawatt-hour battery storage systems from...
Ameresco, BXP Launch Solar Canopy Project in Virginia
Ameresco, BXP Launch Solar Canopy Project in Virginia
May 27, 2025
10:16 AM EDT, 05/27/2025 (MT Newswires) -- Ameresco ( AMRC ) said Tuesday its solar power project in partnership with BXP (BXP) in Reston, Virginia, has started commercial operations. The 1.3 megawatt solar canopy system, installed on a parking garage, is now fully operational and is expected to generate around 1.5 million kilowatt-hours of clean energy each year for BXP's...
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,...
Update: Market Chatter: Toyota Motor Moving Some Manufacturing of GR Corolla to Britain From Japan
Update: Market Chatter: Toyota Motor Moving Some Manufacturing of GR Corolla to Britain From Japan
May 27, 2025
10:12 AM EDT, 05/27/2025 (MT Newswires) -- (Update with company comment and stock movement in the fourth and fifth paragraphs.) Toyota Motor ( TM ) is shifting some manufacturing of its GR Corolla sports car to Britain from Japan, spending 8 billion Japanese yen ($55.5 million) to set up a production line in Derbyshire to produce cars for North America,...
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What Is Sui Network (SUI): The Ultimate Guide in 2024
What Is Sui Network (SUI): The Ultimate Guide in 2024
Nov 13, 2024
Sui is a layer-1 blockchain created to enable quick, low-latency transactions, making it a strong choice for real-time applications like gaming, decentralized finance (DeFi), and other responsive services. Launched in May 2023, its architecture emphasizes immediate transaction completion and high throughput, with smart contracts written in Move, a Rust-based programming language optimized for fast, secure transaction execution. A key differentiator...
Shiba Inu’s Shibarium Hits an Important Milestone: Details
Shiba Inu’s Shibarium Hits an Important Milestone: Details
Nov 13, 2024
TL;DR Shibarium keeps making the headlines, with numerous indicators rising to record levels. Despite the protocols progress, Shiba Inus price is in the red today (November 13), dropping by approximately 17%. The Major Achievement Shiba Inus layer-2 scaling solution has witnessed increased activity lately. Daily transactions on the network have been in the millions since the start of the month,...
Shiba Inu, Dogecoin Retrace by Double Digits as Rally Cools Off, Liquidations Up to $900M
Shiba Inu, Dogecoin Retrace by Double Digits as Rally Cools Off, Liquidations Up to $900M
Nov 12, 2024
After roughly a week of gains and charting consecutive all-time highs, bitcoins run has finally cooled off as the asset was rejected twice at the $90,000 level. As expected, the more volatile by nature altcoins have experienced even more turbulent corrections over the past day, leaving almost 300,000 traders wrecked. Bitcoin/Price/Chart 13.11.2024. Source: TradingView It was nothing short of a...
The Best Yet to Come for Bitcoin? This Analyst Thinks So
The Best Yet to Come for Bitcoin? This Analyst Thinks So
Nov 13, 2024
The unprecedented events surrounding this bull season, like bitcoin (BTC) hitting an all-time high before the halving, have led traders to think the digital asset may follow a pattern not seen in past cycles. Recently, there have been speculations that BTC may complete its bull run this year or by January 2025. However, some market analysts have stuck to their...
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