The euro rose in European trading on Monday against a basket of major currencies, attempting to recover from a two-week low against the US dollar, supported by bargain-hunting at lower levels and by a pause in the dollars recent advance ahead of key US inflation data. With uncertainty still surrounding the likelihood of a European Central Bank rate cut in...

Oil prices held steady on Monday after slipping about 3% last week, as investors weighed the prospects of a US interest-rate cut against the possibility of a Ukraine peace deal that could ease sanctions on Russia, one of the worlds major producers. The US and Ukraine were set to resume work on a revised peace plan ahead of the Thursday...

After months of heavy hedging triggered by the tariff shock that rattled the dollar earlier this year, foreign investors who rushed to protect their U.S. holdings against further depreciation are now slowing those efforts sharply a vote of confidence that has helped the dollar rebound from its worst slump in years. Analysts stress that hedging levels remain above historical norms,...

Nvidia blew past all expectations on Wednesday, reporting soaring profits driven by its graphics processing units (GPUs) that excel at powering artificial intelligence workloads. But other classes of AI chips are beginning to gain momentum. Every major cloud provider is now designing its own application-specific integrated circuits (ASICs), from Googles TPU to Amazons Trainium to OpenAIs plans with Broadcom. These...

Indian equity benchmark indices opened on a positive note on Wednesday ending the losing streak of five previous sessions amid the rising geopolitical tensions on the back of the Russia-Ukraine crisis and oil prices.

Oil prices also took a breather after surging to seven-year highs, as it became clear the first wave of US and European sanctions on Russia would not disrupt oil supply. 

Indian equity benchmarks Sensex and Nifty50 are likely to start Wednesday's session on a positve note amid a mixed trend across other Asian markets. Investors globally remain focused on updates on the Russia-Ukraine conflict. Singapore Exchange (SGX) Nifty futures -- an early indicator of the Nifty index -- was well in the green ahead of the opening bell, last up 107.5 points or 0.6 percent at 17,246, having risen as much as 0.7 percent earlier on February 23. Check out how global markets, currencies, commodities and cryptocurrencies fared ahead of the opening bell. Here are 10 things you must know:

CNBC-TV18’s in-house panel of experts has picked a list of stocks for investors to buy/sell in trade today:

Crude oil price trades with strong negativity to approach our waited target at 77.64$, to support the continuation of the expected bearish trend for the upcoming period, noting that breaking this level will extend the bearish wave to reach 75.25$ areas on the near-term basis, while holding below 79.60$ represents key condition to the continuation of the expected decline. ...

Nvidia ( NVDA )'s market value has skyrocketed to $2.27 trillion over the past year, fueled by growing confidence in AI technology. Goldman Sachs is forecasting an additional 22% increase in Nvidia ( NVDA )'s market value. NVIDIA Corp ( NVDA )'s market value has soared to $2.27 trillion in the last year, tripling due to the market's increased trust...

01:20 PM EDT, 05/10/2024 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows: We cut our 12-month target to $35 from $43 on an EV/sales multiple of 10x our '25 revenue estimate, above the peer average. We up our '24 EPS view to...

Ethereum price (ETHUSD) succeeded to achieve our waited target at 2905.30$, and the way seems open to surpass this level and achieve additional negative targets that start at 2800.00$ and extend to 2623.80$, to keep our bearish overview unless the price rallied to breach 3132.80$ and hold above it. ...

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.

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.

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.

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.

Aug 4 (Reuters) - IAC posted a 15% rise in second-quarter core profit on Monday, helped by the steady growth of its biggest business and a reduction in operating expenses. The media and internet company, which owns brands such as Food & Wine and Investopedia, posted adjusted earnings before interest, taxes, depreciation and amortization of $51.4 million for the quarter,...

What if a biotech company could flip its financial narrative from loss to profit in just a year? Twist Bioscience Corporation ( TWST ) has done just that, reporting a surprising third-quarter income that defied analysts’ expectations On Monday, Twist Bioscience ( TWST ) reported a third-quarter income of 33 cents per share, a turnaround from a loss of $1.47...

SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...

Aug 4 (Reuters) - Diamondback Energy ( FANG ) missed analysts' estimate for second-quarter profit on Monday, as the shale producer took a hit from a decline in crude prices. The Midland, Texas-based company posted an adjusted profit of $2.67 per share for the quarter ended June 30, compared with analysts' average estimate of $2.82, according to data compiled by...

Geopolitical uncertainty hurt risk assets last week, but digital assets showed notable resilience, pulling in capital alongside traditional safe havens like gold. Weekly inflows into digital asset products reached $1.9 billion, extending a nine-week positive trend. Altogether, inflows during this streak hit $12.9 billion, with year-to-date figures now at a record $13.2 billion. According to the latest edition of CoinShares...

TL;DR WBT reached a new historic peak after WhiteBIT inked another high-profile partnership deal in the sports sector. Despite the rally, the assets RSI above 93 signals extreme overbought conditions, suggesting a potential price correction could be just around the corner. The Impressive Ascent There are many well-known cryptocurrencies whose prices have increased in the past month, but few have...

MemeStrategy, a Hong Kong-based digital asset company, has announced the open market purchase of 2,440 units of Solanas native SOL token. This makes it the first publicly listed company in Asia to invest in the sixth-largest cryptocurrency by market cap. An Investment in SOL’s Long-Term Value According to a company press release, the acquisition was worth approximately $377,000 and was...

TL;DR Ripples network has seen a massive resurgance in the past several days as the number of active addresses skyrocketed to new local peaks last Monday. The revelation of this growing stat coincided with an impressive price surge for XRP, which has actually become the top performer from the largest 10 alts. The stat in question is the number of...