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Yen skids to three-month trough as Japanese governing coalition loses majority
Yen skids to three-month trough as Japanese governing coalition loses majority
Oct 28, 2024
The Japanese yen skidded in Asian trade on Monday to three-month lows against the US dollar, after the election loss by the current Japanese parliamentary governing coalition, which could impede future interest rate hikes by the Bank of Japan. The yen is also pressured by a surge in US 10-year treasury yields, amid speculation about a cautious stance by the...
Yen skids to three-month low as the gap in treasury yields widens
Yen skids to three-month low as the gap in treasury yields widens
Oct 26, 2024
The yen fell in European trade on Wednesday against a basket of major rivals, sharpening the losses for the third straight session against the US dollar and hitting three-month lows amid concerns about a wider US-Japan gap in government treasury yields. Recent bearish remarks from Japanese officials hurt the odds of a third BOJ interest rate hike this year, while...
Euro hits one-week high ahead of German inflation data
Euro hits one-week high ahead of German inflation data
Oct 30, 2024
Euro rose in European trade on Wednesday on track for the third profit in a row against the US dollar, hitting a week high after data showed Spanish inflation rose past estimates in October, renewing the pressure on the European Central Bank. The odds of a 0.25% ECB interest rate cut in December dipped, with investors now waiting for official...
US dollar heads for fresh weekly profit
US dollar heads for fresh weekly profit
Oct 26, 2024
The US dollar rose in European trade on Friday against a basket of major rivals, resuming gains after a short hiatus, and approaching three-month highs once more. The gains come amid a surge in US 10-year treasury yields after bullish remarks from some Fed officials, and strong US data, which hurt the odds of an aggressive pace for US interest...
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Russian rouble climbs to over two-month high against US dollar
Russian rouble climbs to over two-month high against US dollar
May 20, 2024
MOSCOW, May 20 (Reuters) - The rouble climbed to a more than two-month high against the dollar on Monday, supported by the Russian state's increased foreign currency sales this month and capital controls that prop up the Russian currency. By 1146 GMT, the rouble was 0.4% higher at 90.55 to the dollar, earlier reaching 90.3875, its strongest point since March...
Sector Update: Financial
Sector Update: Financial
May 20, 2024
08:57 AM EDT, 05/20/2024 (MT Newswires) -- Financial stocks were steady premarket Monday, with the Financial Select Sector SPDR Fund (XLF) inactive recently. The Direxion Daily Financial Bull 3X Shares (FAS) was 0.3% higher, and bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was unchanged. SouthState (SSB) said it has agreed to acquire Independent Bank Group ( IBTX )...
Looming Nvidia Earnings Drive Quiet Premarket Action for US Equity Futures
Looming Nvidia Earnings Drive Quiet Premarket Action for US Equity Futures
May 20, 2024
08:17 AM EDT, 05/20/2024 (MT Newswires) -- US equity futures were slightly higher Monday as traders looked ahead to quarterly earnings from chipmaker Nvidia ( NVDA ) later in the week. Dow Jones Industrial Average futures gained about 0.1%, S&P 500 futures increased 0.2%, and Nasdaq futures were up 0.2%. Nvidia ( NVDA ) is scheduled to release its quarterly...
This Analyst With 85% Accuracy Rate Sees Around 8% Upside In NVIDIA - Here Are 5 Stock Picks For Last Week From Wall Street's Most Accurate Analysts
This Analyst With 85% Accuracy Rate Sees Around 8% Upside In NVIDIA - Here Are 5 Stock Picks For Last Week From Wall Street's Most Accurate Analysts
May 20, 2024
U.S. stocks settled higher on Friday, as the Dow Jones index settled above the major 40,000 level for the first time. U.S. major indices also notched weekly gains, with the Dow gaining 1.2% to record its fifth consecutive weekly gain, while the S&P 500 added 1.5% last week. Wall Street analysts make new stock picks on a daily basis. Unfortunately...
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Skyworks quarterly revenue falls on slowing auto chip demand
Skyworks quarterly revenue falls on slowing auto chip demand
Jul 30, 2024
July 30 (Reuters) - Skyworks Solutions ( SWKS ) reported a drop in third-quarter revenue, hurt by sluggish demand for chips used in the automotive industry, sending its shares down by nearly 5% in extended trading. Slower-than-expected sales of electric vehicles as consumers pulled back on discretionary spending have weighed on companies such as Skyworks and Wolfspeed ( WOLF )....
Entegris Options Trading: A Deep Dive into Market Sentiment
Entegris Options Trading: A Deep Dive into Market Sentiment
Jul 30, 2024
Whales with a lot of money to spend have taken a noticeably bullish stance on Entegris ( ENTG ). Looking at options history for Entegris ( ENTG ) we detected 10 trades. If we consider the specifics of each trade, it is accurate to state that 50% of the investors opened trades with bullish expectations and 30% with bearish. From...
Navigating 4 Analyst Ratings For Canadian Solar
Navigating 4 Analyst Ratings For Canadian Solar
Jul 30, 2024
Analysts' ratings for Canadian Solar ( CSIQ ) over the last quarter vary from bullish to bearish, as provided by 4 analysts. The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective. Bullish Somewhat Bullish Indifferent...
Electronic Arts Q1 Earnings Highlights: College Football, Madden, Soccer Video Games 'Building Momentum For FY25 And Beyond'
Electronic Arts Q1 Earnings Highlights: College Football, Madden, Soccer Video Games 'Building Momentum For FY25 And Beyond'
Jul 30, 2024
Video game company Electronic Arts Inc ( EA ) reported first-quarter financial results after market close Tuesday. Here are the key highlights. What Happened: Electronic Arts ( EA ) reported first-quarter net bookings of $1.26 billion, down from $1.58 billion in last year's first quarter total of $1.58 billion, according to data from Benzinga Pro. The net bookings came in...
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Anthropic's surprise settlement adds new wrinkle in AI copyright war
Anthropic's surprise settlement adds new wrinkle in AI copyright war
Aug 28, 2025
* Anthropic faced potential liabilities in the billions due to piracy ruling * OpenAI, Microsoft ( MSFT ), Meta battling similar lawsuits * Fair use defense remains contentious in AI copyright cases By Blake Brittain Aug 27 (Reuters) - Anthropic's class action settlement with a group of U.S. authors this week was a first, but legal experts said the case's...
Abercrombie & Fitch Teams Up With Dallas Cowboys as Official Fashion Partner
Abercrombie & Fitch Teams Up With Dallas Cowboys as Official Fashion Partner
Aug 28, 2025
11:36 AM EDT, 08/28/2025 (MT Newswires) -- Abercrombie & Fitch ( ANF ) said Thursday it has entered a multiyear partnership with the Dallas Cowboys, becoming the team's official fashion partner. Financial details weren't provided. Abercrombie will sell its Cowboys collection at select pro-shops and have a presence at AT&T Stadium and The Star. It will also be involved in...
Soccer-Optimism evaporates at Old Trafford as Amorim feels the heat
Soccer-Optimism evaporates at Old Trafford as Amorim feels the heat
Aug 28, 2025
LONDON, Aug 28 (Reuters) - The cautious optimism that Manchester United ( MANU ) took into the new season after marquee summer signings has evaporated even before the end of August and once again manager Ruben Amorim finds himself under an intense spotlight. One point from their opening two Premier League games means that since taking over from Erik ten...
Pure Storage Shares Rise After Better-than-Expected Q2 Results, UBS Price Target Raise
Pure Storage Shares Rise After Better-than-Expected Q2 Results, UBS Price Target Raise
Aug 28, 2025
11:37 AM EDT, 08/28/2025 (MT Newswires) -- Pure Storage ( PSTG ) shares rose 28% in recent Thursday trading following better-than-expected Q2 results and a UBS price target boost to $55 from $50 The company reported fiscal Q2 adjusted earnings late Wednesday of $0.43 per share, down from $0.44 a year earlier. Analysts polled by FactSet expected $0.39. Revenue for...
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Cardano (ADA) Price Prediction for This Week
Cardano (ADA) Price Prediction for This Week
Nov 12, 2024
ADA took the market by storm after rallying 88% in a week. Key Support levels: $0.60 Key Resistance levels: $0.70, $0.80 1. Buyers Return with a Vengeance Nothing appears to stop ADAs rally. It broke one resistance after another and is now found at 62 cents, almost double the price compared to early November! This performance is impressive and comes...
Watch Out: Shiba Inu (SHIB) Team Warns the Community About a Dangerous Scam
Watch Out: Shiba Inu (SHIB) Team Warns the Community About a Dangerous Scam
Nov 12, 2024
TL;DR Users are warned to avoid interaction with individuals who shill random tokens. Scammers often mimic official SHIB channels and accounts on social media. The community should rely on trusted sources and be wary of new information from unknown accounts. Always Stay Vigilant Shibarium Trustwatch an X account providing security tips to Shiba Inu (SHIB) users issued another important piece...
Bitcoin Records New ATHs Daily, But Profit
Bitcoin Records New ATHs Daily, But Profit
Nov 12, 2024
About a week ago, bitcoin (BTC) shattered its March all-time high (ATH) of $73,737 as the crypto market got excited about Donald Trump’s win in the United States presidential elections. Since then, the crypto asset has recorded a new ATH almost every day; it was worth $87,100 at the time of writing after it was rejected at $90,000. Despite this...
Ethereum Price Analysis: ETH Correction to $3K Incoming After Peaking at $3.4K?
Ethereum Price Analysis: ETH Correction to $3K Incoming After Peaking at $3.4K?
Nov 12, 2024
The cryptocurrency market has seen a strong uptrend following President Trump’s election, with Ethereum experiencing a significant surge as buyers take control. However, the market now appears ready for a correction phase to allow consolidation before further gains. Technical Analysis By Shayan The Daily Chart The influx of new participants and investors on the daily chart has led to an...
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