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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...
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...
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...
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Oil Prices Surge Again as Traders Discount IEA Reserves Release While Iran Steps Up Its Attacks on Shipping
Oil Prices Surge Again as Traders Discount IEA Reserves Release While Iran Steps Up Its Attacks on Shipping
Mar 12, 2026
08:56 AM EDT, 03/12/2026 (MT Newswires) -- Oil prices surged again early Thursday as traders shrugged at the largest-ever release of strategic reserves by International Energy Agency (IEA) members as Iran stepped up attacks on tankers trapped in the Persian Gulf with the United States unable to secure shipping through the Strait of Hormuz in the second week of its...
Sector Update: Tech
Sector Update: Tech
Mar 12, 2026
08:56 AM EDT, 03/12/2026 (MT Newswires) -- Technology stocks were declining premarket Thursday, with the State Street Technology Select Sector SPDR Fund (XLK) down 0.7% and the State Street SPDR S&P Semiconductor ETF (XSD) 1.4% lower. Xunlei ( XNET ) stock was up more than 11% after the company posted higher Q4 net revenue. ...
Sector Update: Energy Stocks Advance Pre-Bell Thursday
Sector Update: Energy Stocks Advance Pre-Bell Thursday
Mar 12, 2026
09:27 AM EDT, 03/12/2026 (MT Newswires) -- Energy stocks were advancing pre-bell Thursday, with the State Street Energy Select Sector SPDR ETF ( XLE ) up 0.8%. The United States Oil Fund ( USO ) was 7.5% higher and the United States Natural Gas Fund ( UNG ) was up 1.3%. Front-month US West Texas Intermediate crude oil was up...
Stocks Decline Pre-Bell, Oil Continues to Rise as Middle East War Intensifies
Stocks Decline Pre-Bell, Oil Continues to Rise as Middle East War Intensifies
Mar 12, 2026
07:29 AM EDT, 03/12/2026 (MT Newswires) -- US equity markets were pointing lower before the opening bell Thursday while oil prices continued to rise as the conflict in the Middle East intensified. The S&P 500 and the Nasdaq declined 0.3% each in premarket activity, while the Dow Jones Industrial Average was off 0.4%. The S&P 500 and the Dow finished...
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After reprieve, EU still in fix to find trade deal to satisfy Trump
After reprieve, EU still in fix to find trade deal to satisfy Trump
May 26, 2025
* EU seeks mutually beneficial trade deal with Washington * U.S. demands unilateral concessions to cut goods trade deficit * EU Commission says leaders' call has given new impetus to talks By Philip Blenkinsop BRUSSELS, May 26 (Reuters) - The European Union may have won a reprieve from U.S. President Donald Trump's threatened 50% tariffs, but it remains unclear how...
After reprieve, EU still in fix to find trade deal to satisfy Trump
After reprieve, EU still in fix to find trade deal to satisfy Trump
May 26, 2025
BRUSSELS (Reuters) -The European Union may have won a reprieve from U.S. President Donald Trump's threatened 50% tariffs, but it remains unclear how the bloc will square its push for a mutually beneficial trade deal with Washington's demands for steep concessions. Trump backed away from imposing the levies on EU imports from June 1 after a call with European Commission...
After Jensen Huang Criticized US Export Curbs, Nvidia Set To Launch Cheaper Blackwell AI Chip For China Amid Market Share Slide: Report
After Jensen Huang Criticized US Export Curbs, Nvidia Set To Launch Cheaper Blackwell AI Chip For China Amid Market Share Slide: Report
May 26, 2025
Nvidia Corp. ( NVDA ) will launch a significantly cheaper artificial intelligence chip for China’s market, priced between $6,500 and $8,000, as the company adapts to ongoing U.S. export restrictions that have decimated its Chinese market share. What Happened: The new graphics processing unit, based on Nvidia’s latest Blackwell architecture, represents a dramatic price reduction from the company’s recently banned...
What to Expect from Okta's Earnings
What to Expect from Okta's Earnings
May 26, 2025
Okta ( OKTA ) is set to give its latest quarterly earnings report on Tuesday, 2025-05-27. Here's what investors need to know before the announcement. Analysts estimate that Okta ( OKTA ) will report an earnings per share (EPS) of $0.77. The market awaits Okta's ( OKTA ) announcement, with hopes high for news of surpassing estimates and providing upbeat...
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US CDC recommends expanding pneumococcal vaccines to adults aged 50-64
US CDC recommends expanding pneumococcal vaccines to adults aged 50-64
Nov 1, 2024
Oct 24 (Reuters) - The U.S. Centers for Disease Control and Prevention on Wednesday recommended expanding the use of vaccines to adults between 50-64 years to protect against pneumococcal disease. The agency's earlier recommendation for vaccination was for adults 65 years or older and children younger than 5, as well as for children and adults with certain conditions. Children younger...
Update: JPMorgan Chase Pays $151 Million to Settle Five SEC Charges
Update: JPMorgan Chase Pays $151 Million to Settle Five SEC Charges
Nov 1, 2024
07:34 AM EDT, 11/01/2024 (MT Newswires) -- (Updates with JPMorgan's ( JPM ) response in the last two paragraphs.) JPMorgan Chase ( JPM ) securities and investment management affiliates have agreed to pay $151 million in penalties to settle five US Securities and Exchange Commission charges of misleading investors, breaching fiduciary duty, conducting prohibited transactions and trades, and failing to...
Cboe Global Markets' Q3 Adjusted Earnings, Revenue Increase
Cboe Global Markets' Q3 Adjusted Earnings, Revenue Increase
Nov 1, 2024
07:50 AM EDT, 11/01/2024 (MT Newswires) -- Cboe Global Markets ( CBOE ) reported Q3 adjusted earnings Friday of $2.22 per diluted share, up from $2.06 a year earlier. Analysts polled by Capital IQ expected $2.19. Total revenue less cost of revenue for the quarter ended Sept. 30 was $532 million, compared with $480.5 million a year earlier. Analysts surveyed...
Simon Property Group Q3 FFO Declines, Revenue Rises; 2024 FFO Outlook Lowered
Simon Property Group Q3 FFO Declines, Revenue Rises; 2024 FFO Outlook Lowered
Nov 1, 2024
08:36 AM EDT, 11/01/2024 (MT Newswires) -- Simon Property Group ( SPG ) reported Q3 funds from operations Friday of $2.84 per diluted share, down from $3.20 a year earlier. Analysts polled by Capital IQ expected $3.03. Revenue for the quarter ended Sept. 30 was $1.48 billion, up from $1.41 billion a year earlier. Four analysts surveyed by Capital IQ...
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Senator Lummis Posts Bitcoin Laser Eyes After Passed Crypto Legislation
Senator Lummis Posts Bitcoin Laser Eyes After Passed Crypto Legislation
May 17, 2024
U.S. Senator Cynthia Lummis recently posted Bitcoin laser eyes on X, showing her support for laws supporting the cryptocurrency. The move follows the passing of legislation H.J.Res. 109 in the Senate, which aims to overturn the SECs Staff Accounting Bulletin (SAB) No. 121. Senator Lummis Advocates for Bitcoin Legislation U.S. Senator Cynthia Lummis, representing Wyoming, is well-known for her advocacy...
Infamous Pink Drainer Calls It Quits, Citing Mission Accomplished
Infamous Pink Drainer Calls It Quits, Citing Mission Accomplished
May 17, 2024
After wreaking havoc across the digital asset sector and stealing millions of dollars, scam-as-a-service kingpin Pink Drainer has vowed to erase all traces of its operations and announced the winding down of its nefarious infrastructure. In an unexpected statement shared via Telegram, Pink Drainer, the wallet drainer tool known for siphoning funds from cryptocurrency wallets, announced its retirement. This decision...
Over 80% of Newly Listed Crypto Assets on Binance Have Declined in Value: Data
Over 80% of Newly Listed Crypto Assets on Binance Have Declined in Value: Data
May 17, 2024
Over 80% of the newly listed cryptocurrencies on Binance, the worlds largest digital asset exchange by trading volume, have declined in value. In the past six months, these tokens have plunged in value since listing on the exchange, raising concerns for investors seeking out the latest cryptocurrencies. Most New Binance Token Listings Trading in Red According to a May 17...
Reddit Shares Soars Following OpenAI Partnership Announcement
Reddit Shares Soars Following OpenAI Partnership Announcement
May 17, 2024
Reddit and OpenAI, the creator of the artificial intelligence (AI) chatbot ChatGPT, announced a partnership to benefit both the Reddit and OpenAI user communities in various ways. According to data from Google Finance, Reddits stock experienced a 13% surge in after-hours trading immediately following the announcement. Reddit and OpenAI’s Partnership On May 16, Reddit announced its decision to grant OpenAI...
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