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Euro rebounds ahead of major eurozone data
Euro rebounds ahead of major eurozone data
Oct 27, 2024
The euro rose in European trade on Thursday against a basket of major rivals after a wave of losses across three sessions, with the euro eventually settling above 3-⅕ month lows against the US dollar. It comes ahead of major data on the eurozone sectors later today, which would shed important light on the health of the European economy in...
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...
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...
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Equities Decline at Start of Holiday-Shortened Week
Equities Decline at Start of Holiday-Shortened Week
Dec 30, 2024
04:48 PM EST, 12/30/2024 (MT Newswires) -- US benchmark equities closed lower Monday in the penultimate trading session of 2024. The Nasdaq fell 1.2% to 19,486.8, the S&P 500 lost 1.1% to 5,906.9 and the Dow Jones Industrial Average fell nearly 1% to 42,573.7. All sectors reported declines, led by consumer discretionary and materials. The stock market will be closed...
Wall Street ends lower on penultimate trading day of a strong 2024
Wall Street ends lower on penultimate trading day of a strong 2024
Dec 30, 2024
(Deletes fourth bullet point which contained old information) NEW YORK (Reuters) - Wall Street closed in negative territory on Monday in light volume at the top of a holiday-shortened week in the second-to-last trading session of an eventful year in which all three indexes posted strong double-digit gains. End-of-year tax positioning, valuations, climbing Treasury yields and uncertainties about 2025 all...
Dow Tumbles Over 400 Points As Tesla, Meta Decline: Fear Continues To Grip Markets, Greed Index Remains In Red Zone
Dow Tumbles Over 400 Points As Tesla, Meta Decline: Fear Continues To Grip Markets, Greed Index Remains In Red Zone
Dec 30, 2024
The CNN Money Fear and Greed index showed an increase in the overall fear level, while the index remained in the “Fear” zone on Monday. U.S. stocks settled lower on Monday, with the Dow Jones index dipping more than 400 points during the session. Large tech stocks fell again on Monday, with shares of Tesla Inc. ( TSLA ) declining...
Wall Street ends lower on penultimate trading day of a strong 2024
Wall Street ends lower on penultimate trading day of a strong 2024
Dec 30, 2024
(Deletes fourth bullet point which contained old information) NEW YORK (Reuters) - Wall Street closed in negative territory on Monday in light volume at the top of a holiday-shortened week in the second-to-last trading session of an eventful year in which all three indexes posted strong double-digit gains. End-of-year tax positioning, valuations, climbing Treasury yields and uncertainties about 2025 all...
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Investigating Lam Research's Standing In Semiconductors & Semiconductor Equipment Industry Compared To Competitors
Investigating Lam Research's Standing In Semiconductors & Semiconductor Equipment Industry Compared To Competitors
Nov 9, 2024
In today's fast-paced and competitive business landscape, it is essential for investors and industry enthusiasts to thoroughly analyze companies before making investment decisions. In this article, we will conduct a comprehensive industry comparison, evaluating Lam Research ( LRCX ) against its key competitors in the Semiconductors & Semiconductor Equipment industry. By examining key financial metrics, market position, and growth prospects,...
A Peek at Cambium Networks's Future Earnings
A Peek at Cambium Networks's Future Earnings
Nov 9, 2024
Cambium Networks ( CMBM ) is gearing up to announce its quarterly earnings on Thursday, 2024-11-07. Here's a quick overview of what investors should know before the release. Analysts are estimating that Cambium Networks ( CMBM ) will report an earnings per share (EPS) of $-0.17. Investors in Cambium Networks ( CMBM ) are eagerly awaiting the company's announcement, hoping...
Demystifying Extreme Networks: Insights From 4 Analyst Reviews
Demystifying Extreme Networks: Insights From 4 Analyst Reviews
Nov 9, 2024
Analysts' ratings for Extreme Networks ( EXTR ) over the last quarter vary from bullish to bearish, as provided by 4 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 4 0 0...
Earnings Preview: BigCommerce Holdings
Earnings Preview: BigCommerce Holdings
Nov 9, 2024
BigCommerce Holdings ( BIGC ) is set to give its latest quarterly earnings report on Thursday, 2024-11-07. Here's what investors need to know before the announcement. Analysts estimate that BigCommerce Holdings ( BIGC ) will report an earnings per share (EPS) of $0.02. Investors in BigCommerce Holdings ( BIGC ) are eagerly awaiting the company's announcement, hoping for news of...
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JPMorgan Chase Unusual Options Activity
JPMorgan Chase Unusual Options Activity
Sep 24, 2025
Whales with a lot of money to spend have taken a noticeably bullish stance on JPMorgan Chase ( JPM ). Looking at options history for JPMorgan Chase ( JPM ) we detected 25 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 28% with...
Argentine assets rally as Bessent details strong US support
Argentine assets rally as Bessent details strong US support
Sep 24, 2025
NEW YORK (Reuters) -Argentina's financial assets rallied for a third day on Wednesday after U.S. Treasury Secretary Scott Bessent detailed a massive support for Argentine President Javier Milei's right-wing government and the country's markets. Bessent said the U.S. was in negotiations over a $20 billion currency swap line with Argentina's central bank, and said it was prepared to purchase Argentina's...
Copper Prices Drop 1% Amid Weak Chinese Data, Looming Supply Risks
Copper Prices Drop 1% Amid Weak Chinese Data, Looming Supply Risks
Sep 24, 2025
11:00 AM EDT, 09/24/2025 (MT Newswires) -- Copper prices fell 1% over the past week to $4.49, driven by weak economic data from China and profit-taking weighed on the market, despite looming supply concerns and central bank policy, RBC Capital Markets said Tuesday. According to RBC, downbeat data on China's factory output and retail sales in August, which showed the...
Sanofi Reportedly Fined $177 Million by French Court for Anti-Competitive Behavior Tied to Plavix Drug
Sanofi Reportedly Fined $177 Million by French Court for Anti-Competitive Behavior Tied to Plavix Drug
Sep 24, 2025
11:03 AM EDT, 09/24/2025 (MT Newswires) -- Sanofi ( SNY ) and its Winthrop Industrie unit were ordered by a Paris appeals court to pay a fine of 150.7 million euros ($177 million) in damages to France's National Health Insurance Fund for engaging in anti-competitive practices linked to its Plavix anti-clotting medicine, multiple media outlets reported Wednesday. The ruling stems...
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MARA: US Must Dominate Bitcoin Hash Rate to Ensure Financial Sovereignty
MARA: US Must Dominate Bitcoin Hash Rate to Ensure Financial Sovereignty
Nov 27, 2024
Following Donald Trumps presidential victory and his promise to establish a strategic Bitcoin reserve, momentum has surged around the idea of integrating Bitcoin into the nations economic and geopolitical strategy. In the latest development, crypto miner MARA Holdings has urged the United States to aggressively pursue leadership in the sector and in Bitcoin mining, positioning the asset as a matter...
Major Pi Network (PI) Update Affecting All Users: Details
Major Pi Network (PI) Update Affecting All Users: Details
Nov 28, 2024
TL;DR Pi Network has extended the first Grace Period for KYC submissions to December 31, 2024, causing mixed reactions from users. The team claims the Open Network launch is close, with only 1 million more KYC completions needed to hit the 15 million target, though skepticism persists about further delays. Another Extension Pi Network a cryptocurrency project that aims to...
Bitwise Proposes New ETF Based on its 10 Crypto Index Fund
Bitwise Proposes New ETF Based on its 10 Crypto Index Fund
Nov 28, 2024
Bitwise Asset Management has submitted a proposal to the U.S. Securities and Exchange Commission (SEC) for a new exchange-traded fund (ETF) based on its existing 10 Crypto Index Fund. The ETF would include ten leading cryptocurrencies: Bitcoin (BTC), Ethereum (ETH), Solana (SOL), XRP, Cardano (ADA), Avalanche (AVAX), Chainlink (LINK), Bitcoin Cash (BCH), Polkadot (DOT), and Uniswap (UNI). Details of The...
US Inflation Rises Again, Could Hawkish Fed Pivot Curb Crypto Bull Market?
US Inflation Rises Again, Could Hawkish Fed Pivot Curb Crypto Bull Market?
Nov 28, 2024
Economic data released in the United States on Wednesday has raised red flags as Core PCE inflation has increased to 2.8% for October. The Personal Consumption Expenditures report reflects the average amount of money consumers spend monthly and is used by central bank policymakers as their primary inflation gauge. “The Fed’s worst nightmare is officially here,” exclaimed the Kobeissi Letter,...
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