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US dollar falls after growth and labor data
US dollar falls after growth and labor data
May 29, 2025
The US dollar fell against most major rivals on Thursday after important data, while markets assess a US court ruling to suspend Trumps tariffs. The US International Trade Court in Manhattan ruled today that Trump overstepped his authority by imposing an economic emergency and tariffs on other countries, and ordered the administration to stop collecting tariffs. Nvidias stock also rallied...
Euro skids to two-week trough after US court's rule on Trump's tariffs
Euro skids to two-week trough after US court's rule on Trump's tariffs
May 29, 2025
The euro fell in European trade on Thursday against a basket of major rivals, expanding losses for the third straight session against the dollar and plumbing a two-week trough after a US court order suspending Trumps tariffs. Hot inflation data and bullish remarks from ECB officials led to divisions among policymakers on the rate decision in June, with investors awaiting...
Euro falls cautiously before German, Spanish inflation data
Euro falls cautiously before German, Spanish inflation data
May 30, 2025
The euro fell in European trade on Friday against a basket of major rivals, resuming losses against the dollar after a short hiatus yesterday, as investors shun big positions before German and Spanish inflation data for May. Hot inflation data and bullish remarks from ECB officials led to divisions among policymakers on the rate decision in June, with investors awaiting...
Yen extends gains after hot Tokyo inflation data
Yen extends gains after hot Tokyo inflation data
May 30, 2025
The Japanese yen rose in Asian trade on Friday against a basket of major rivals, extending gains for the second straight session against the US dollar and moving away from a two-week trough on short-covering. The gains are also underpinned by hot Tokyo inflation data, which showed increasing inflationary pressures on the Bank of Japans policymakers, boosting the odds of...
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Sector Update: Health Care
Sector Update: Health Care
Mar 21, 2024
03:42 PM EDT, 03/21/2024 (MT Newswires) -- Health care stocks rose late Thursday afternoon with the NYSE Health Care Index adding 0.2% and the Health Care Select Sector SPDR Fund (XLV) rising 0.3%. The iShares Biotechnology ETF (IBB) climbed 0.9%. In corporate news, Eledon Pharmaceuticals ( ELDN ) shares surged 12% after it said its tegoprubart monoclonal antibody was used...
Sector Update: Financial
Sector Update: Financial
Mar 21, 2024
03:19 PM EDT, 03/21/2024 (MT Newswires) -- Financial stocks advanced late Thursday afternoon, with the NYSE Financial Index and the Financial Select Sector SPDR Fund (XLF) each rising 0.9%. The Philadelphia Housing Index climbed 1.8%, and the Real Estate Select Sector SPDR Fund (XLRE) was adding 0.4% Bitcoin (BTC-USD) dropped 4% to $65,176, and the yield for 10-year US Treasuries...
Japan's Nikkei ends at record high on Wall Street gains, weaker yen
Japan's Nikkei ends at record high on Wall Street gains, weaker yen
Mar 22, 2024
(Updates to closing prices) TOKYO, March 22 (Reuters) - Japan's Nikkei share average closed at an all-time high on Friday, underpinned by record gains on Wall Street overnight and strength in automakers' stocks on a weaker yen. The Nikkei rose 0.18% to end at 40,888.43, after hitting 41,087.75 earlier in the session to break an all-time intraday high. The index,...
FedEx, Nike And 3 Stocks To Watch Heading Into Friday
FedEx, Nike And 3 Stocks To Watch Heading Into Friday
Mar 22, 2024
With U.S. stock futures trading higher this morning on Friday, some of the stocks that may grab investor focus today are as follows: FedEx Corporation ( FDX ) reported better-than-expected earnings for its third quarter and authorized a new $5 billion share repurchase program. FedEx ( FDX ) shares jumped 12.9% to $299.07 in the after-hours trading session. Worthington Steel,...
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Intel's Options Frenzy: What You Need to Know
Intel's Options Frenzy: What You Need to Know
Aug 9, 2024
Whales with a lot of money to spend have taken a noticeably bearish stance on Intel ( INTC ). Looking at options history for Intel ( INTC ) we detected 38 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 55% with bearish. From...
What Analysts Are Saying About Cerence Stock
What Analysts Are Saying About Cerence Stock
Aug 9, 2024
Analysts' ratings for Cerence ( CRNC ) over the last quarter vary from bullish to bearish, as provided by 4 analysts. The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0 0 4...
What Analysts Are Saying About PAR Technology Stock
What Analysts Are Saying About PAR Technology Stock
Aug 9, 2024
PAR Technology ( PAR ) underwent analysis by 7 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish. The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 5...
Critical Insights From 8x8 Analyst Ratings: What You Need To Know
Critical Insights From 8x8 Analyst Ratings: What You Need To Know
Aug 9, 2024
Throughout the last three months, 6 analysts have evaluated 8x8 , offering a diverse set of opinions from bullish to bearish. The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 3 0 1 2 0 Last 30D...
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South Korea officials, business leaders join last-ditch push for US trade deal
South Korea officials, business leaders join last-ditch push for US trade deal
Jul 30, 2025
SEOUL (Reuters) -Three South Korean cabinet-level officials met U.S. Commerce Secretary Howard Lutnick in Washington for trade talks, Seoul said on Wednesday, as top business leaders were also reported to be flying in to help lobby for a deal on U.S. tariffs. South Korean Finance Minister Koo Yun-cheol joined Industry Minister Kim Jung-kwan and Minister for Trade Yeo Han-koo, who...
South Korea officials, business leaders join last-ditch push for US trade deal
South Korea officials, business leaders join last-ditch push for US trade deal
Jul 30, 2025
* Top South Korean officials, business leaders converge in Washington, D.C. * South Korea faces August 1 deadline for 25% tariffs * Lutnick urged South Korea to 'bring it all,' report says (Adds markets, South Korean business leaders and presidential aide in paragraphs 6, 9-12) By Joyce Lee and Yena Park SEOUL, July 30 (Reuters) - Three South Korean cabinet-level...
Panasonic's battery unit profit grows 47% y/y in Q1 on AI boom
Panasonic's battery unit profit grows 47% y/y in Q1 on AI boom
Jul 30, 2025
TOKYO (Reuters) -Panasonic ( PCRFF ) on Wednesday said operating profit at its battery-making energy unit grew strongly in the first quarter due to the AI investment boom, offsetting negative impacts from U.S. tariffs and the termination of electric vehicle tax credits. Profit for the key unit, which makes batteries for Tesla and other EV makers, rose 47% year-on-year to...
Panasonic's battery unit profit grows 47% y/y in Q1 on AI boom
Panasonic's battery unit profit grows 47% y/y in Q1 on AI boom
Jul 30, 2025
TOKYO, July 30 (Reuters) - Panasonic ( PCRFF ) on Wednesday said operating profit at its battery-making energy unit grew strongly in the first quarter due to the AI investment boom, offsetting negative impacts from U.S. tariffs and the termination of electric vehicle tax credits. Profit for the key unit, which makes batteries for Tesla and other EV makers, rose...
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As Bitcoin Nears Record Highs, $500B Missing from Altcoin Markets
As Bitcoin Nears Record Highs, $500B Missing from Altcoin Markets
Nov 3, 2024
The last two times bitcoin prices made new all-time highs, total crypto market capitalization was around $3 trillion. On Nov. 10, 2021, the metric topped $3 trillion when BTC hit its cycle peak of $69,000. Total capitalization also neared the $3 trillion mark in March this year when the asset made its all-time high of $73,738. However, as BTC closes in...
BlackRock Bitcoin ETF Sees Huge $640M Inflow as BTC Topped $73K
BlackRock Bitcoin ETF Sees Huge $640M Inflow as BTC Topped $73K
Nov 3, 2024
The BlackRock iShares Bitcoin Trust (IBIT) recorded a whopping $642.9 million in inflows on Oct. 29, according to Farside data. It is the largest inflow since March 12 bringing the total net inflow for all funds to $870.1 million, the highest since June 4. Bloomberg ETF analyst Eric Balchunas observed that the fund also saw its largest trading volume day...
Riot Achieves $84.8M Revenue Boost in Q3 2024, But Future Hash Rate Capacity Predictions Revised Lower
Riot Achieves $84.8M Revenue Boost in Q3 2024, But Future Hash Rate Capacity Predictions Revised Lower
Nov 3, 2024
Bitcoin mining firm Riot recorded $84.8 million in revenue in the third quarter of 2024, representing a 65% increase over the same quarter in 2023. This growth can be attributed to the 159% year-over-year increase in deployed hash rate which reached 28 EH/s by the end of the quarter. Riots Q3 Financial Results According to the official press release, the...
Bitcoin Came $150 Away From New All
Bitcoin Came $150 Away From New All
Nov 3, 2024
Bitcoins price actions over the past 24 hours took the asset to just inches away from breaking its March all-time high of $73,740. Many altcoins are also in the green today, with DOGE jumping by nearly 5%, while SHIB, LINK, and ADA have posted impressive gains of around 3%. BTC Came Inches Away The primary cryptocurrency has been a spectacular...
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