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Japan's Nikkei rises on Wall Street gains, despite firm yen
Japan's Nikkei rises on Wall Street gains, despite firm yen
Feb 5, 2025
(Updates for market close) By Brigid Riley TOKYO, Feb 6 (Reuters) - Japan's Nikkei share average rose on Thursday, tracking overnight gains in Wall Street, even as the yen firmed on the back of bolstered expectations that the Bank of Japan (BOJ) will continue to raise interest rates. The Nikkei closed up 0.6% at 39,066.53, while the broader Topix finished...
Traders see tariffs, inflation as 2025's biggest market movers, survey shows
Traders see tariffs, inflation as 2025's biggest market movers, survey shows
Feb 5, 2025
* 51% of traders cite inflation and tariffs as top market concerns * Trump's tariff threats caused market volatility, impacting currencies * Volatility seen as biggest challenge, unexpected timing noted by traders By Carolina Mandl NEW YORK, Feb 5 (Reuters) - Traders across the globe project that tariffs and inflation will have the biggest impact on global markets in 2025...
Japan's Nikkei up on Wall Street gains, despite firm yen
Japan's Nikkei up on Wall Street gains, despite firm yen
Feb 5, 2025
TOKYO, Feb 6 (Reuters) - Japan's Nikkei share average gained on Thursday as Wall Street's rise boosted sentiments, even as a firmer yen on the back of strengthening bets for an interest rate hike by the Bank of Japan (BOJ) weighed. The Nikkei rose nearly 1% in early trade before narrowing gains, up 0.2% to 38,888.04 by the midday break....
Traders see tariffs, inflation as 2025's biggest market movers, survey shows
Traders see tariffs, inflation as 2025's biggest market movers, survey shows
Feb 5, 2025
NEW YORK (Reuters) - Traders across the globe project that tariffs and inflation will have the biggest impact on global markets in 2025 as they brace for volatility, an annual survey of institutional trading clients by JPMorgan Chase ( JPM ) showed on Wednesday. The bank said 51% of its 4,233 respondents named inflation and tariffs together as the top...
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The Internet of Things Is Still Broken (But DePIN Can Fix it)
The Internet of Things Is Still Broken (But DePIN Can Fix it)
Jun 24, 2024
Over a decade ago, I got into the blockchain business because I wanted to fix the Internet of Things. A decade later, both businesses are thriving and both still have big problems with their business models. It may well be that, like the original internet, we can never really escape bad business models once they take root. I am, for...
What Analysts Are Saying About Iris Energy Stock
What Analysts Are Saying About Iris Energy Stock
Jun 24, 2024
Across the recent three months, 10 analysts have shared their insights on Iris Energy ( IREN ) , expressing a variety of opinions spanning 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...
Key Takeaways From Plexus Analyst Ratings
Key Takeaways From Plexus Analyst Ratings
Jun 24, 2024
In the latest quarter, 4 analysts provided ratings for Plexus , showcasing a mix of bullish and bearish perspectives. 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 3 0 1 0 0...
AT&T wants Big Tech companies to pay into telecom, broadband subsidy fund
AT&T wants Big Tech companies to pay into telecom, broadband subsidy fund
Jun 24, 2024
WASHINGTON, June 24 (Reuters) - AT&T ( T ) CEO John Stankey said on Monday that Congress should give the Federal Communications Commission the power to require Big Tech firms to contribute to a government fund that subsidizes access to telecom and broadband services. Under current law, fees are assessed on wireless and landline telephone service subscribers to support the...
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Carvana Insider Sold Shares Worth $1,780,000, According to a Recent SEC Filing
Carvana Insider Sold Shares Worth $1,780,000, According to a Recent SEC Filing
Mar 12, 2024
08:01 AM EDT, 03/12/2024 (MT Newswires) -- Paul W. Breaux, Vice President, General Counsel, & Secretary, on March 08, 2024, sold 20,000 shares in Carvana ( CVNA ) for $1,780,000. Following the Form 4 filing with the SEC, Breaux has control over a total of 115,032 shares of the company, with 115,032 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1690820/000169082024000126/xslF345X03/wk-form4_1710195991.xml Price: 80.7,...
Alibaba Group to Invest $640 Million in Hong Kong Film, TV, Arts Over Five Years
Alibaba Group to Invest $640 Million in Hong Kong Film, TV, Arts Over Five Years
Mar 12, 2024
07:58 AM EDT, 03/12/2024 (MT Newswires) -- Alibaba Group Holding's ( BABA ) wholly-owned media and entertainment unit will spend 5 billion Hong Kong dollars ($639.1 million) over the next five years in Hong Kong's television, film, and cultural events industries, the company said Monday in a report on its official news outlet, Alizila. The funds will be invested in...
Apple to let developers distribute apps directly from their sites
Apple to let developers distribute apps directly from their sites
Mar 12, 2024
BRUSSELS, March 12 (Reuters) - Software developers who use Apple's ( AAPL ) App Store will be able to distribute apps to EU users directly from their websites this spring, the company said on Tuesday, as part of changes required by new EU rules forcing Apple ( AAPL ) to open up its closed eco-system. The European Union's Digital Markets...
Revive Therapeutics Provides Corporate Update
Revive Therapeutics Provides Corporate Update
Mar 12, 2024
08:01 AM EDT, 03/12/2024 (MT Newswires) -- Revive Therapeutics Ltd. ( RVVTF ) , a specialty life sciences company focused on the R&D of therapeutics for medical needs and rare disorders, on Tuesday provided a corporate update on the research, clinical and regulatory initiatives with Bucillamine and its long COVID diagnostic product. Bucillamine Currently, in partnership with Defence R&D Canada...
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