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EMERGING MARKETS-Latam assets fall amid trade uncertainties; focus on rate decisions in Brazil, US this week
EMERGING MARKETS-Latam assets fall amid trade uncertainties; focus on rate decisions in Brazil, US this week
May 26, 2025
* Latin American stocks down 1.4% and FX down 0.6% * Brazil's central bank expected to deliver 50 bps rate hike on Wednesday * South African rand hits five-week high after Eskom's positive power outlook * Taiwan's dollar extends two-day historic run (Updates with afternoon trading levels) By Medha Singh and Nikhil Sharma May 5 (Reuters) - Latin American assets...
Telesat Higher in U.S. Pre-market After Reporting Narrower Q1 Net Loss
Telesat Higher in U.S. Pre-market After Reporting Narrower Q1 Net Loss
May 26, 2025
07:47 AM EDT, 05/06/2025 (MT Newswires) -- Telesat ( TSAT ) , up 4.6% in U.S. pre-market trading, on Tuesday reported a slightly narrower net loss that beat estimates. The satellite operator said its net loss improved to $51.5 million, or $1.08 per share, from $52.3 million, or $1.08 per share, beating the consensus analyst forecast of a loss of...
Equity Markets Close Lower Amid Conflicting US Services Data
Equity Markets Close Lower Amid Conflicting US Services Data
May 26, 2025
04:37 PM EDT, 05/05/2025 (MT Newswires) -- US benchmark equity indexes closed lower on Monday as investors assessed conflicting data on US services sector growth. The Nasdaq decreased 0.7% to 17,844.24, the S&P 500 dropped 0.6% to 5,650.38, and the Dow Jones Industrial Average fell 0.2% to 41,218.83. Among sectors, energy and consumer discretionary paced the decliners with only consumer...
Draganfly Down 3% After Hours as It Closes a US$3.6 Million Share Offering
Draganfly Down 3% After Hours as It Closes a US$3.6 Million Share Offering
May 26, 2025
04:23 PM EDT, 05/05/2025 (MT Newswires) -- Draganfly ( DPRO ) , was last seen down 3.1% in after-hours Nasdaq trading after the drone company on Monday said it closed a bought-deal share offering that raised US$3.6 million. The company sold an underwriter 1.72-million share units, priced at US$2.10 each and made up of a share and a five-year warrant...
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Evening update for crude oil -11-06-2025
Evening update for crude oil -11-06-2025
Jun 11, 2025
The (crude oil) rose high in its last intraday trading, after breaching the critical resistance at $64.75, amid the dominance of the main bullish trend on the short-term basis and its trading alongside a bias line, with the emergence of the positive signals on the (RSI), after reaching oversold levels, besides the continuation of the positive support that comes from...
Evening update for Gold -11-06-2025
Evening update for Gold -11-06-2025
Jun 11, 2025
The (Gold) price couldnt keep its early gains in its daily trading, where it attempted to rise but it prevents the continuation of the negative pressure that comes from its trading below EAM50, with its affection by surpassing the bullish channels range that limited its previous trading on a short-term basis, with the emergence of the negative signals on the...
Evening update for Bitcoin (BTCUSD) -11-06-2025
Evening update for Bitcoin (BTCUSD) -11-06-2025
Jun 11, 2025
The (BTCUSD) witnessed fluctuated trading in its last intraday trading, attempting to rise and recover, but the negative signals emerging on the (RSI) pushed it, bouncing lower amid its attempts to gain the required positive momentum for this rise, amid the dominance of the bullish trend and its trading alongside a minor bias line on the short-term basis. ...
A Glimpse Into The Expert Outlook On Indie Semiconductor Through 6 Analysts
A Glimpse Into The Expert Outlook On Indie Semiconductor Through 6 Analysts
Jun 11, 2025
6 analysts have expressed a variety of opinions on Indie Semiconductor ( INDI ) over the past quarter, offering a diverse set of opinions from bullish to bearish. Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings...
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WK Kellogg forecasts upbeat 2025 profit on cost cut efforts
WK Kellogg forecasts upbeat 2025 profit on cost cut efforts
Feb 11, 2025
(Reuters) - WK Kellogg forecast annual profit above expectations on Tuesday and reported better-than-expected earnings as the breakfast cereal maker's efforts to clamp down on costs boosted its margins. Shares of the company, which makes Froot Loops and Frosted Flakes cereals, rose about 4% in premarket trading. Battle Creek, Michigan-based WK Kellogg had announced a reorganization plan in August involving...
Oil Trades Higher as U.S. Sanctions Bite Into Supply
Oil Trades Higher as U.S. Sanctions Bite Into Supply
Feb 11, 2025
09:05 AM EST, 02/11/2025 (MT Newswires) -- Oil prices moved higher for a third-straight session early on Tuesday on supply concerns while the Trump Administration's new 25% tariff on U.S. imports of steel and aluminum could affect the energy sector. West Texas Intermediate crude oil for March delivery was last seen up US$1.30 to US$73.62 per barrel, while April Brent...
Apple partners with Alibaba to develop AI features for iPhone in China, The Information reports
Apple partners with Alibaba to develop AI features for iPhone in China, The Information reports
Feb 11, 2025
Feb 11 (Reuters) - Apple ( AAPL ) is partnering with Alibaba ( BABA ) to develop and roll out AI features for iPhone users in China, The Information reported on Tuesday, citing one person with direct knowledge of the decision. ...
CVS Health's turnaround efforts in focus amid record-high medical costs
CVS Health's turnaround efforts in focus amid record-high medical costs
Feb 11, 2025
(Reuters) - CVS Health ( CVS ) investors will closely examine this week turnaround initiatives spearheaded by new CEO David Joyner and their impact on cost pressures in its health insurance business. The healthcare conglomerate, which reports its fourth-quarter results on Wednesday, has missed earnings targets for the last three quarters and withdrawn its annual forecast, causing its shares to...
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World’s Third
World’s Third
Aug 16, 2024
The National Pension Service (NPS) of South Korea purchased nearly $34 million in MicroStrategy (MSTR) shares during the second quarter of 2024. With significant investments in other crypto companies, NPS which happens to be the worlds third-largest pension fund by assets has demonstrated a clear expansion of its interest in the digital assets space. According to the latest filing with...
Ripple Price Analysis: XRP Bulls Want to Aim $0.64 But There’s a Catch
Ripple Price Analysis: XRP Bulls Want to Aim $0.64 But There’s a Catch
Aug 16, 2024
XRPs price has seen minimal volatility near the significant support region of the 200-day moving average at $0.54. Given the potential demand at this crucial juncture, a period of sideways consolidation is expected, with Ripple likely moving toward the $0.64 resistance region in the short term. XRP Analysis By Shayan The Daily Chart Ripples price is showing minimal volatility near...
Is This The New Meme Coin Mania?
Is This The New Meme Coin Mania?
Aug 16, 2024
Meme coins have undoubtedly been the most prominent narrative in 2024. From the meteoric rise of dogwifhat (WIF) to countless celebrities launching their own coins (and the controversy that surrounded them), the field has seen all the action. With most of it happening on Solana because of its fast transaction processing times and relatively low fees, weve been used to...
90% Chance for Ripple (XRP) to Lose Against the SEC on Appeal? Fmr. Senate Staffer Comments
90% Chance for Ripple (XRP) to Lose Against the SEC on Appeal? Fmr. Senate Staffer Comments
Aug 16, 2024
The case between the US Securities and Exchange Commission and Ripple Labs moved forward after Judge Analisa Torres ruled that the company should be fined $125M in a decision that partly honored and partly discharged the SECs claims. Now, industry participants and experts are speculating on the odds of its outcome, which is likely to have a serious impact on...
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