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US dollar extends losses on Fed rate cut bets
US dollar extends losses on Fed rate cut bets
Oct 15, 2025
The US dollar fell against a basket of major currencies on Wednesday after remarks by Federal Reserve Chairman Jerome Powell strengthened market expectations for a series of interest rate cuts over the coming months. The Japanese yen and the Australian dollar emerged as the best-performing currencies of the day, both continuing to recover from the sharp declines they recorded against...
Could distributed energy be the key to accelerating data center construction?
Could distributed energy be the key to accelerating data center construction?
Oct 15, 2025
The world is witnessing an unprecedented surge in energy demand driven by the rapid spread of artificial intelligence technologies, putting immense pressure on power sources and grid infrastructure worldwide. With expectations for continued growth in this sector, public and private investors are racing to accelerate the large-scale development of new data centers. According to data from the International Energy Agency...
Yen extends gains to one-week high on Japanese opposition moves
Yen extends gains to one-week high on Japanese opposition moves
Oct 14, 2025
The Japanese yen rose in Asian trading on Wednesday against a basket of major and minor currencies, extending its gains for the second consecutive day against the US dollar and reaching its highest level in a week, supported by the decline in the American currency following comments by Federal Reserve Chairman Jerome Powell. This rise was also bolstered by the...
Powell: US economy more resilient than expected despite weak labor conditions
Powell: US economy more resilient than expected despite weak labor conditions
Oct 14, 2025
Federal Reserve Chair Jerome Powell said Tuesday that the U.S. labor market remains in a state of stagnation, marked by low hiring and firing rates through September, though the broader economy may be on a somewhat stronger path than previously expected. Powell noted that policymakers will take a meeting-by-meeting approach to any further interest rate cuts, as they try to...
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Sector Update: Health Care
Sector Update: Health Care
Sep 24, 2025
01:22 PM EDT, 09/24/2025 (MT Newswires) -- Health care stocks declined Wednesday afternoon, with the NYSE Health Care Index and the Health Care Select Sector SPDR Fund (XLV) each decreasing 0.2%. The iShares Biotechnology ETF (IBB) was shedding 0.5%. In corporate news, Sanofi ( SNY ) and its Winthrop Industrie unit were ordered by a Paris appeals court to pay...
Sector Update: Tech Stocks Fall Wednesday Afternoon
Sector Update: Tech Stocks Fall Wednesday Afternoon
Sep 24, 2025
01:40 PM EDT, 09/24/2025 (MT Newswires) -- Tech stocks were lower Wednesday afternoon, with the Technology Select Sector SPDR Fund (XLK) decreasing 0.7% and the SPDR S&P Semiconductor ETF (XSD) down 0.2%. The Philadelphia Semiconductor index was shedding 0.2%. In corporate news, Oracle (ORCL) launched an investment-grade bond sale worth $18 billion on Wednesday, the second biggest offering of this...
Sector Update: Energy
Sector Update: Energy
Sep 24, 2025
01:15 PM EDT, 09/24/2025 (MT Newswires) -- Energy stocks were higher Wednesday afternoon, with the NYSE Energy Sector Index rising 1.6% and the Energy Select Sector SPDR Fund (XLE) adding 2.1%. The Philadelphia Oil Service Sector index was climbing 1.4%, and the Dow Jones US Utilities index was up 0.7%. Front-month West Texas Intermediate crude oil was rising 2.1% to...
Exchange-Traded Funds, US Equities Decline After Midday
Exchange-Traded Funds, US Equities Decline After Midday
Sep 24, 2025
01:10 PM EDT, 09/24/2025 (MT Newswires) -- Broad Market Indicators Broad-market exchange-traded funds IWM and IVV were lower. Actively traded Invesco QQQ Trust (QQQ) fell 0.5%. US benchmark stock indexes traded lower while government bond yields rose in midday trading on Wednesday. Energy iShares US Energy ETF (IYE) and the Energy Select Sector SPDR (XLE) each added about 2%. Technology...
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Micron forecasts upbeat first-quarter results as AI boom boosts demand for memory chips
Micron forecasts upbeat first-quarter results as AI boom boosts demand for memory chips
Oct 3, 2024
(Reuters) - Micron Technology ( MU ) forecast first-quarter results ahead of Wall Street estimates and reported fourth-quarter revenue growth that was the highest in more than a decade on the back of booming demand for its memory chips used in the AI industry. The company's shares, which have gained about 12% this year, were up nearly 14% after the...
Harris promises tax breaks, investments for U.S. manufacturers
Harris promises tax breaks, investments for U.S. manufacturers
Oct 3, 2024
PITTSBURGH, Pa., Sept 25 (Reuters) - U.S. Vice President Kamala Harris said on Wednesday she would offer tax credits to domestic manufacturers and invest in sectors that will define the next century, as she detailed her economic plan to boost the U.S. middle class. Speaking at the Economic Club of Pittsburgh in the battleground state of Pennsylvania, the Democratic candidate...
Check Out What Whales Are Doing With IBM
Check Out What Whales Are Doing With IBM
Oct 3, 2024
Whales with a lot of money to spend have taken a noticeably bullish stance on IBM ( IBM ). Looking at options history for IBM ( IBM ) we detected 17 trades. If we consider the specifics of each trade, it is accurate to state that 52% of the investors opened trades with bullish expectations and 11% with bearish. From...
A Closer Look at 10 Analyst Recommendations For Pegasystems
A Closer Look at 10 Analyst Recommendations For Pegasystems
Oct 3, 2024
Analysts' ratings for Pegasystems ( PEGA ) over the last quarter vary from bullish to bearish, as provided by 10 analysts. 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 Ratings 3 4 3 0...
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Govt blames inaction by AAP in Punjab, Delhi for bad air quality
Govt blames inaction by AAP in Punjab, Delhi for bad air quality
Nov 6, 2023
Accusing Kejriwal of being busy with election campaigning in poll-bound states and waking up to the situation late, Minister of State for Consumer Affairs, Food, and Public Distribution, Ashwini Kumar Choubey, said that the Centre had held a meeting with Chief Secretaries and senior officials from four North Indian states on 20th October to discuss measures to reduce air pollution, which he claims weren't adopted by the AAP-led governments.
Lok Sabha passes Forest (Conservation) Amendment Bill — All you need to know
Lok Sabha passes Forest (Conservation) Amendment Bill — All you need to know
Jul 11, 2023
Activists have contended that words like "ecotourism facilities" and "any other purposes" are too vague and may pave the way for widespread exploitation and misuse.
ED attaches over Rs 10-crore assets in resort scam involving ex-Maha minister Anil Parab
ED attaches over Rs 10-crore assets in resort scam involving ex-Maha minister Anil Parab
Jan 4, 2023
The probe pertains to Dapoli resort, which is allegedly illegal. The former minister and Shiv Sena (Uddhav) leader, Anil Parab, allegedly wangled a permit to use land meant for agricultural use. The ED had started the investigation under the the Prevention of Money Laundering Act (PMLA) after a complaint from the Environment Ministry.
Rajasthan: Gehlot government begins Rs 2,500 cr dam project for Sabarmati, Sei rivers ahead of polls
Rajasthan: Gehlot government begins Rs 2,500 cr dam project for Sabarmati, Sei rivers ahead of polls
Mar 1, 2023
On Tuesday, the Gehlot government invited bids for both projects to build the dams within the next four years. The chief minister had announced both projects in last year’s budget.
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Hutchmed Begins Registration Stage for Phase 2/3 Trial of Investigational Autoimmune Disorder Drug
Hutchmed Begins Registration Stage for Phase 2/3 Trial of Investigational Autoimmune Disorder Drug
Mar 22, 2024
05:04 AM EDT, 03/22/2024 (MT Newswires) -- Hutchmed ( HCM ) said late Thursday it has started the registration stage for a phase 2/3 clinical trial of investigational drug sovleplenib for adult patients with warm antibody autoimmune hemolytic anemia in China. The move follows positive data from the proof-of-concept phase 2 stage of the trial and a consultation with the...
FedEx jumps on profit beat, improved margins in its largest unit
FedEx jumps on profit beat, improved margins in its largest unit
Mar 22, 2024
(Reuters) - FedEx ( FDX ) shares surged in premarket trading on Friday after the parcel giant beat estimates for quarterly profit and reported a higher operating margin at Express, its largest unit. Shares of the company rose 12.4% to $297.75 before the bell, with rival UPS up 3.5%. FedEx ( FDX ) has taken several measures to protect margins...
Once a beacon of stability, Vietnam to name third president in a year
Once a beacon of stability, Vietnam to name third president in a year
Mar 22, 2024
HANOI, March 22 (Reuters) - Communist-ruled Vietnam is seeking its third president in little more than a year after the resignation of Vo Van Thuong, who was only elected last year after the sudden dismissal of his predecessor. With accumulated foreign direct investment higher than its gross domestic product, Vietnam's stability is crucial to multinationals with large operations in the...
India stops taking Russian oil delivered on Sovcomflot tankers, Bloomberg News reports
India stops taking Russian oil delivered on Sovcomflot tankers, Bloomberg News reports
Mar 22, 2024
March 22 (Reuters) - All of India's refiners are now refusing to take Russian crude carried on PJSC Sovcomflot tankers due to U.S. sanctions, Bloomberg News reported on Friday. Reuters reported earlier this week that India's Reliance Industries, operator of the world's biggest refining complex, would not buy Russian oil loaded on tankers operated by shipper Sovcomflot (SCF) after recent...
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Hacker Transfers $10M from 2023 Phishing Attack to Tornado Cash: CertiK
Hacker Transfers $10M from 2023 Phishing Attack to Tornado Cash: CertiK
Mar 22, 2024
Phishing scams have wreaked havoc in the digital asset ecosystem and are making a comeback amidst market-wide recovery. These attacks have grown increasingly sophisticated, leading to high-profile crypto investors, whales, and prominent industry figures becoming victims, ultimately resulting in substantial financial losses. In its latest update on March 21st, CertiK identified a deposit of 3,700 ETH into Tornado Cash on...
Solana Flips Ethereum: Captures Nearly Half of Global Crypto Investor Interest: Report
Solana Flips Ethereum: Captures Nearly Half of Global Crypto Investor Interest: Report
Mar 22, 2024
Solana (SOL) has become the most popular blockchain ecosystem in 2024, capturing nearly 50% of global crypto investor interest in chain-specific narratives, according to a recent report by crypto data aggregator CoinGecko. The report follows the accelerated resurgence of SOL this year, currently at $177 and getting closer to its 2021 highs. Another reason behind Solana’s massive traction is the...
Cardano on the Verge of Achieving a Massive Milestone: ADA Bull Run Imminent?
Cardano on the Verge of Achieving a Massive Milestone: ADA Bull Run Imminent?
Mar 22, 2024
Cardano (ADA) is showing strong growth in smart contract development. Since the beginning of the year, the number of Plutus scripts on the Cardano network, including Plutus V1 and V2, has surged by 171.45%,  At this pace, the Cardano network is adding nearly 500 new smart contracts daily. According to data from Cardano Blockchain Insights, the network has achieved 39,000...
This Trending Meme Coin Explodes 50% Daily: Details
This Trending Meme Coin Explodes 50% Daily: Details
Mar 22, 2024
TL;DR Meme coins on the Solana blockchain have shown potential for high profits, with instances of substantial investment returns highlighted. Despite these opportunities, the inherent volatility of meme coins underscores a considerable risk of losses. Meme coins built on the Solana blockchain have been thriving in the past several months, with the sector spewing new ones quite frequently. Todays best...
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