Yen declined in Asian trade on Wednesday, on track for the fourth straight loss against the dollar and hovering near week lows as investors await important US data today. Mainline US inflation data will be released today for May, followed by the policy decisions by the Federal Reserve today. The Bank of Japan will hold its own policy meeting tomorrow...

US Dollar Index Slumps as Inflation Data Comes in Lower Than Expected US inflation fell unexpectedly in MayUS dollar slumps post-release. Recommended by Nick Cawley Trading Forex News: The Strategy The latest US inflation report showed price pressures easing by more than forecast, with all headline numbers coming in below expectations and last month’s numbers. The move lower in core...

Euro rose in European trade on Wednesday for the first time in four sessions against the US dollar away from recent-six week lows, with the pair still under pressure from mounting EU political risks. The euro is taking a stand ahead of a busy day in US markets with many events that will impact trends worldwide. The Price The EUR/USD...

The dollar fell in European trade on Wednesday against a basket of major rivals, giving up five-week highs and on track for the first loss in four days on active profit-taking, while US 10-year treasury yields slowed down. The decline comes ahead of an important and busy day in US markets, with US inflation data and policy decisions by the...

12:24 PM EST, 01/13/2025 (MT Newswires) -- US equity indexes traded mixed as the so-called Magnificent-7 took a beating, pushing the S&P 500 and the Nasdaq Composite lower. The tech-heavy Nasdaq dropped 1.2% to 18,939.1, and the S&P 500 fell 0.5% to 5,799.2. The Dow Jones Industrial Average rose 0.3% to 42,084.3. Technology and utilities led the steepest decliners while...

Shares of BioNTech SE ( BNTX ) – ADR fell 5.7% to $115.84 on Monday, part of a broader decline in vaccine stocks triggered by Moderna's updated revenue guidance for 2025, which fell below analyst expectations. What To Know: Moderna, whose stock plunged 23% Monday morning, projected revenues of $1.5 billion to $2.5 billion, well short of the $2.95 billion...

(For a Reuters live blog on U.S., UK and European stock markets, click/ or type LIVE/ in a news window.) * Moderna ( MRNA ) slides after cutting 2025 sales forecast * Chip stocks fall as US tightens grip on AI chip flows * Health insurers rise after US proposes 2026 payment rates * Nasdaq hits more than one-month low...

11:54 AM EST, 01/13/2025 (MT Newswires) -- The three major US stock indexes were mixed around midday Monday, the first trading day after the release of better-than-expected employment numbers that meant lower chances of future rate cuts. In corporate news, Moderna ( MRNA ) shares fell over 20% in recent trading after the company said it now expects 2025 revenue...

SAN FRANCISCO (Reuters) - Artificial intelligence benchmarking group MLCommons on Wednesday released a fresh set of tests and results that rate the speed at which top-of-the-line hardware can run AI applications and respond to users. The two new benchmarks added by MLCommons measure the speed at which the AI chips and systems can generate responses from the powerful AI models...

In the ever-evolving and intensely competitive business landscape, conducting a thorough company analysis is of utmost importance for investors and industry followers. In this article, we will carry out an in-depth industry comparison, assessing Accenture ( ACN ) alongside its primary competitors in the IT Services industry. By meticulously examining key financial metrics, market positioning, and growth prospects, we aim...

Financial giants have made a conspicuous bullish move on ServiceNow ( NOW ). Our analysis of options history for ServiceNow ( NOW ) revealed 12 unusual trades. Delving into the details, we found 66% of traders were bullish, while 33% showed bearish tendencies. Out of all the trades we spotted, 8 were puts, with a value of $416,626, and 4...

Whales with a lot of money to spend have taken a noticeably bearish stance on Microsoft ( MSFT ). Looking at options history for Microsoft ( MSFT ) we detected 31 trades. If we consider the specifics of each trade, it is accurate to state that 35% of the investors opened trades with bullish expectations and 64% with bearish. From...

British politics is abuzz with musical chairs like excitement. PM Rishi Sunak, who had to remove his outspoken interior minister Suella Braverman for her article on a pro-Palestine march in UK, has brought ex-PM David Cameron — who had lost the top job over Brexit — back into the fresh equation.

The investigation moving forward would be the most productive thing that can happen now, according to Blinken's statement.

India-Canada Tension: While BookMyShow's official statement did not explicitly state the reason behind the cancellation, it confirmed that 'singer Shubneet Singh's Still Rollin Tour for India stands cancelled.' It assured all ticket holders that their money would be refunded in 7-10 working days.

Canadian Prime Minister Justin Trudeau also said on Tuesday (September 19) his government does not seek to 'escalate' tensions with India. This, in the backdrop of the two countries expelling a senior diplomat each.

John Boumphrey, Amazon's UK Country Manager, told reporters that in the UK alone the online retail giant last year sold more than 4 million used or refurbished products at a discount.

Uber has had a tortured history in London, where cabbies have vehemently protested the app’s presence in the city for fear of losing their livelihood and out of concern the app’s drivers don’t adhere to strict safety standards and oversight.

The Australia-India Economic Cooperation and Trade Agreement (AI-ECTA) entered into force on December 29, 2022. Since the agreement, it has already seen a reduction in tariff on Australian wine bottles costing over $5 per bottle. The tariff was as high as 150%. In next eight years, the tariff will decline further.

Shares of Aster DM Healthcare Ltd ended at ₹332.65, down by ₹4.75, or 1.41%, on the BSE. Founded in 1987 from a single clinic in Dubai, Aster DM has a strong presence across primary, secondary, tertiary, and quaternary healthcare and runs 33 hospitals, 127 clinics, 527 pharmacies, and 229 labs and patient experience centres in six Gulf countries and India.

Cardano (ADA) is showing strong growth in smart contract development. Since the beginning of the year, the number of Plutus scripts on the Cardano network, including Plutus V1 and V2, has surged by 171.45%,  At this pace, the Cardano network is adding nearly 500 new smart contracts daily. According to data from Cardano Blockchain Insights, the network has achieved 39,000...

Phishing scams have wreaked havoc in the digital asset ecosystem and are making a comeback amidst market-wide recovery. These attacks have grown increasingly sophisticated, leading to high-profile crypto investors, whales, and prominent industry figures becoming victims, ultimately resulting in substantial financial losses. In its latest update on March 21st, CertiK identified a deposit of 3,700 ETH into Tornado Cash on...

TL;DR Meme coins on the Solana blockchain have shown potential for high profits, with instances of substantial investment returns highlighted. Despite these opportunities, the inherent volatility of meme coins underscores a considerable risk of losses. Meme coins built on the Solana blockchain have been thriving in the past several months, with the sector spewing new ones quite frequently. Todays best...

Solana (SOL) has become the most popular blockchain ecosystem in 2024, capturing nearly 50% of global crypto investor interest in chain-specific narratives, according to a recent report by crypto data aggregator CoinGecko. The report follows the accelerated resurgence of SOL this year, currently at $177 and getting closer to its 2021 highs. Another reason behind Solana’s massive traction is the...