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Euro (EUR/USD) Weakens After German PMIs Disappoint, Rate Cut Expectations Rise
Euro (EUR/USD) Weakens After German PMIs Disappoint, Rate Cut Expectations Rise
Jul 24, 2024
Euro (EUR/USD) Weakens After German PMIs Disappoint, Rate Cut Expectations Rise German PMIs miss forecasts, manufacturing sector weakens further.Euro slips lower as rate cut expectations increase. Recommended by Nick Cawley Trading Forex News: The Strategy For all high-importance data releases and events, see the DailyFX Economic Calendar According to the latest HCOB flash PMIs, ‘Germany’s private sector economy slipped back...
Coinbase’s 2Q earnings preview: Another blowout quarter expected
Coinbase’s 2Q earnings preview: Another blowout quarter expected
Jul 30, 2024
When does Coinbase Inc report earnings? Coinbase is set to release its quarter two (Q2) 2024 financial results on 1 August 2024, after the US market closes. Coinbase’s 2Q 2024 results – what to expect Key Metrics2Q 20232Q 2024EYoY Growth % Total Revenue (US$ millions) 708 1,396 97.2% - Transaction Revenue (US$ millions) 327 846 100% - Subscription Services (US$...
The US Economy Grew by 2.8% in Q2 Compared to 1.4% in Q1, US Dollar Little Changed
The US Economy Grew by 2.8% in Q2 Compared to 1.4% in Q1, US Dollar Little Changed
Jul 25, 2024
US Dollar Analysis and Chart US economy expands by 2.8% in Q2, initial data show.US dollar little changed, eyes Friday’s US Core PCE release.For all high-impact data and event releases, see the real-time DailyFX Economic Calendar The US economy expanded by 2.8% in Q2 - beating market forecasts of 2% - according to recently released BEA data. Compared to the...
Tesla stock price slumps after Q2 earnings​​​​​​​
Tesla stock price slumps after Q2 earnings​​​​​​​
Jul 25, 2024
​​​Profit slump and financial performance ​Tesla's second-quarter profits for 2024 plummeted by 45%, with net income falling to $1.47 billion, well below analysts' expectations of $1.9 billion. The electric vehicle giant faced headwinds from slower sales, increased costs due to employee layoffs, and significant investments in artificial intelligence infrastructure. ​Despite these challenges, revenues rose 2% to $25.5 billion, narrowly exceeding...
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US STOCKS-Futures subdued as markets await monthly producer price data
US STOCKS-Futures subdued as markets await monthly producer price data
Feb 13, 2025
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Futures: Dow down 0.03%, S&P 500 down 0.02%, Nasdaq up 0.11% Feb 13 (Reuters) - U.S. stock futures steadied on Thursday as investors awaited PPI data to gauge the Federal Reserve's interest-rate path after the previous day's inflation shock,...
Chinese tech stocks' rally pauses as AI-driven euphoria eases
Chinese tech stocks' rally pauses as AI-driven euphoria eases
Feb 13, 2025
* Mainland stocks retreat from recent highs * Internet leaders Alibaba ( BABA ) and Baidu ( BIDU ) post narrower gains * Market remains cautious about fundamentals (Adds details, updates closing prices and quotes) By Jiaxing Li HONG KONG, Feb 13 (Reuters) - Chinese tech stocks reversed their rally on Thursday after reaching multi-year highs, as AI-driven gains slowed...
Swiss stocks - Factors to watch on February 13
Swiss stocks - Factors to watch on February 13
Feb 12, 2025
ZURICH/GDANSK, Feb 13 (Reuters) - Here are some of the main factors that may affect Swiss stocks on Thursday: NESTLE Nestle posted slightly better than expected full-year sales growth on Thursday as the world's biggest packaged food company raised prices for its coffees, chocolates and pet food. CREDIT SUISSE Bank of America ( BAC ) has doubled the size of...
Deere, GE HealthCare And 3 Stocks To Watch Heading Into Thursday
Deere, GE HealthCare And 3 Stocks To Watch Heading Into Thursday
Feb 12, 2025
With U.S. stock futures trading higher this morning on Thursday, some of the stocks that may grab investor focus today are as follows: Wall Street expects Deere & Company ( DE ) to report quarterly earnings at $3.11 per share on revenue of $7.70 billion before the opening bell, according to data from Benzinga Pro. Deere shares fell 0.1% to...
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In-Depth Examination Of 15 Analyst Recommendations For Lumentum Holdings
In-Depth Examination Of 15 Analyst Recommendations For Lumentum Holdings
Nov 9, 2024
Analysts' ratings for Lumentum Holdings ( LITE ) over the last quarter vary from bullish to bearish, as provided by 15 analysts. The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 4 5...
Market Whales and Their Recent Bets on ANET Options
Market Whales and Their Recent Bets on ANET Options
Nov 9, 2024
Investors with a lot of money to spend have taken a bullish stance on Arista Networks ( ANET ) . And retail traders should know. We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga. Whether these are institutions or just wealthy individuals, we don't know. But when something this...
Trillion-dollar companies: 9 most valuable mega-cap stocks
Trillion-dollar companies: 9 most valuable mega-cap stocks
Nov 9, 2024
The most valuable companies in the world have grown to impressive heights in recent years, with nine publicly traded companies reaching market capitalizations of roughly $1 trillion or more. All but one of the companies come from the tech sector, with many offering products and services that consumers use every day. Several of them also made it onto Bankrate's list...
The Analyst Landscape: 3 Takes On Synaptics
The Analyst Landscape: 3 Takes On Synaptics
Nov 9, 2024
Across the recent three months, 3 analysts have shared their insights on Synaptics ( SYNA ) , expressing a variety of opinions spanning from bullish to bearish. The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish...
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UK Cabinet Reshuffle: Rishi Sunak calls up ex-PM David Cameron after sacking Suella Braverman
UK Cabinet Reshuffle: Rishi Sunak calls up ex-PM David Cameron after sacking Suella Braverman
Nov 13, 2023
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.
Eric Clapton raises $2.2 mn for anti-vaccine Democrat US presidential candidate Robert F. Kennedy Jr
Eric Clapton raises $2.2 mn for anti-vaccine Democrat US presidential candidate Robert F. Kennedy Jr
Sep 20, 2023
Besides Clapton, Alicia Silverstone, Rob Schneider and Woody Harrelson (who later retracted) have publicly supported RFK Jr, who reportedly said COVID-19 may just be 'ethnically targeted.' The virus targets Caucasians and Black people while sparing Ashkenazi Jewish people and Chinese people, he said at a New York dinner.
BookMyShow cancels Shubh's India tour amid Khalistan controversy
BookMyShow cancels Shubh's India tour amid Khalistan controversy
Sep 20, 2023
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.
British PM Sunak skips meeting with his Greek counterpart amid dispute over Parthenon artifacts
British PM Sunak skips meeting with his Greek counterpart amid dispute over Parthenon artifacts
Nov 28, 2023
Greece has repeatedly asked the British Museum to permanently return the 2,500-year-old sculptures that British diplomat Lord Elgin removed from the Parthenon temple in the early 19th century when he was ambassador to the Ottoman Empire.
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Johnson & Johnson Secures FDA Approval For Nasal Spray as Depression Monotherapy
Johnson & Johnson Secures FDA Approval For Nasal Spray as Depression Monotherapy
Jan 21, 2025
12:31 PM EST, 01/21/2025 (MT Newswires) -- Johnson & Johnson ( JNJ ) said Tuesday that the US Food and Drug Administration approved nasal spray Spravato as the first-ever stand-alone therapy for major depressive disorder. The product, which targets the glutamate neurotransmitter in the brain, can now be used by adults living with psychiatric disorders and who have had an...
Market Chatter: New York Times Explores Partnerships to Expand Subscriber Base
Market Chatter: New York Times Explores Partnerships to Expand Subscriber Base
Jan 21, 2025
12:32 PM EST, 01/21/2025 (MT Newswires) -- The New York Times ( NYT ) has been discussing potential bundled subscription partnerships with smaller publishers to expand its subscriber base in the US, Axios reported on Tuesday, citing sources familiar with the matter. The partnerships would involve offering access to its lifestyle subscription products, such as games, cooking, and sports. The...
BRIEF-Evi Industries To Acquire Haiges Machinery
BRIEF-Evi Industries To Acquire Haiges Machinery
Jan 21, 2025
Jan 21 (Reuters) - EVI Industries Inc ( EVI ): * EVI INDUSTRIES TO ACQUIRE HAIGES MACHINERY * EVI INDUSTRIES INC ( EVI ) - HAIGES MACHINERY EXPECTED TO BE ACCRETIVE TO EVI'S FY 2025 Source text: Further company coverage: ...
B. Riley Financial to Fully Redeem 6.375% Senior Notes
B. Riley Financial to Fully Redeem 6.375% Senior Notes
Jan 21, 2025
12:31 PM EST, 01/21/2025 (MT Newswires) -- B. Riley Financial ( RILY ) said Tuesday it would be fully redeeming its 6.375% senior notes due Feb. 28. The company said it would return the principal plus any accrued and unpaid interest on the notes to lenders. After the redemption, the notes will cease to trade on Nasdaq, the company said....
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Bitcoin Price Shoots Up Above $98.5K Following Release of US December CPI Data
Bitcoin Price Shoots Up Above $98.5K Following Release of US December CPI Data
Jan 15, 2025
The United States Labor Department announced the highly-anticipated CPI and Core CPI data for December, which actually matched the overall expectations. The prices of riskier assets like cryptocurrency headed straight north despite the fears of higher inflation and no interest cuts by the US Federal Reserve this year. U.S. CPI: +2.9% YEAR-OVER-YEAR (EST. +2.9%) U.S. CORE CPI: +3.2% YEAR-OVER-YEAR (EST....
Ripple Price Hits 7
Ripple Price Hits 7
Jan 15, 2025
TL:DR; The US CPI data has positively impacted the overall crypto market, but Ripples native token is on the run again, tapping a new multi-year peak. This comes amid growing adoption for the underlying network, as well as whales going on an accumulation spree. XRPUSD. Source: TradingView XRP entered the new year at $2.1 after the crash that transpired at...
This Meme Coin Explodes by 110% Following Support From Coinbase
This Meme Coin Explodes by 110% Following Support From Coinbase
Jan 15, 2025
TL;DR Toshi (TOSHI) soared by triple digits after being embraced by popular crypto exchanges like Coinbase. TOSHI is not the only meme coin well in the green, with DOGE, SHIB, WIF, and many more pumping substantially. The Coinbase Effect The past 24 hours have been quite successful for the bulls, with numerous cryptocurrencies registering impressive price spikes. Some notable gainers...
Illicit On
Illicit On
Jan 15, 2025
As cryptocurrency gains mainstream traction, its use in illicit activities has diversified, extending beyond traditional cybercrime. Chainalysis has warned that these activities even include threats like national security breaches and consumer exploitation. In fact, these illicit actors increasingly utilize on-chain platforms for laundering, even if they operate primarily off-chain. This shift has led to the professionalization of the on-chain illicit...
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