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Euro about to mark weekly loss amid negative pressures
Euro about to mark weekly loss amid negative pressures
Sep 28, 2025
The euro rose in the European market on Friday against a basket of global currencies, attempting to recover from a three-week low against the US dollar, supported by notable buying activity from lower levels. Despite this rebound, the single currency is heading toward its first weekly loss in a month, amid growing negative pressure, especially the broad strength of the...
US dollar maintans gains ahead of crucial expenditures data
US dollar maintans gains ahead of crucial expenditures data
Sep 28, 2025
The dollar held steady against the euro and the British pound on Friday, maintaining strong gains as investors awaited US consumer spending data, after growth figures came in better than expected, reducing expectations for further Federal Reserve easing this year. The euro traded near a three-week low at $1.1669, while the pound stabilized at $1.3347 after hitting its lowest in...
Asteroid mining: A multi-trillion dollar resource race
Asteroid mining: A multi-trillion dollar resource race
Sep 28, 2025
Imagine bringing back vast quantities of platinum, gold, and rare metals enough to fund every Americans wildest dreams, or perhaps collapse the global economy overnight. This is the high-stakes gamble NASA and a wave of innovative US startups are taking as they chase the untapped riches of asteroids. As NASAs Psyche probe speeds toward its 2029 rendezvous with the metallic...
Yen extends recovery on US government shutdown risks
Yen extends recovery on US government shutdown risks
Sep 28, 2025
The Japanese yen rose in Asian markets on Monday against a basket of major and minor currencies, extending its rebound for a second straight day from an eight-week low against the US dollar, supported by buying activity at lower levels and the dollars defensive stance amid risks of a US government shutdown. A split within the Bank of Japans board...
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Sector Update: Energy
Sector Update: Energy
Feb 28, 2025
01:22 PM EST, 02/28/2025 (MT Newswires) -- Energy stocks were edging lower Friday afternoon, with the NYSE Energy Sector Index and the Energy Select Sector SPDR Fund (XLE) each easing 0.1%. The Philadelphia Oil Service Sector index fell 1.6%, and the Dow Jones US Utilities index was up 0.1%. Front-month West Texas Intermediate crude oil was declining 0.6% to $69.91...
US Equity Indexes March Higher After Inflation Comes in Line With Expectations
US Equity Indexes March Higher After Inflation Comes in Line With Expectations
Feb 28, 2025
12:09 PM EST, 02/28/2025 (MT Newswires) -- US equity indexes rose in midday trading Friday after the Federal Reserve's preferred inflation measure matched market expectations. The Nasdaq Composite rose 0.5% to 18,635.1, with the S&P 500 up 0.5% to 5,887.5 and the Dow Jones Industrial Average 0.5% higher at 43,469.8. The Nasdaq and the S&P 500 briefly traded lower at...
US STOCKS-Wall St mixed in choppy trading after consumer spending falls in January
US STOCKS-Wall St mixed in choppy trading after consumer spending falls in January
Feb 28, 2025
(For a Reuters live blog on U.S., UK and European stock markets, click/ or type LIVE/ in a news window.) * Dell falls after forecasting drop in FY26 gross margin * HP falls on downbeat quarterly profit forecast * January PCE price index rises 2.5% * Indexes: Dow up 0.47%, S&P 500 up 0.10%, Nasdaq down 0.26% (Updates for market...
US consumer spending declines; annual inflation subsides
US consumer spending declines; annual inflation subsides
Feb 28, 2025
* Consumer spending drops 0.2% in January * PCE price index increases 0.3%; up 2.5% year-on-year * Core PCE inflation rises 0.3%; gains 2.6% year-on-year * Goods trade deficit jumps 25.6% to record $153.3 billion By Lucia Mutikani WASHINGTON, Feb 28 (Reuters) - U.S. consumer spending unexpectedly fell in January while the annual increase in inflation slowed, supporting financial market...
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Analysis-Apple antitrust suit mirrors strategy that beat Microsoft, but tech industry has changed
Analysis-Apple antitrust suit mirrors strategy that beat Microsoft, but tech industry has changed
Mar 22, 2024
(Reuters) - The U.S. government's antitrust lawsuit against Apple ( AAPL ) draws on the watershed 1998 case that broke Microsoft's ( MSFT ) stranglehold on desktop software, but that may prove to be an imperfect blueprint for addressing smartphone competition. The market for the iPhone today looks very different from the near-monopoly enjoyed by Microsoft's ( MSFT ) Windows...
AIOZ Network Partners With Alibaba Cloud to Boost AI, Storage and Streaming Services
AIOZ Network Partners With Alibaba Cloud to Boost AI, Storage and Streaming Services
Mar 22, 2024
The two companies will establish a DePIN alliance in south-east Asia.AIOZ's native token is currently trading flat after the announcement, it is up by more than 200% in 30 days.AIOZ Network will use Alibaba Cloud to improve Web 3, AI, storage and streaming services.Decentralized infrastructure network (DePIN) AIOZ Network has become the leading blockchain partner in Alibaba Cloud’s Innovation Accelerator...
Deep Dive Into Confluent Stock: Analyst Perspectives (17 Ratings)
Deep Dive Into Confluent Stock: Analyst Perspectives (17 Ratings)
Mar 22, 2024
In the preceding three months, 17 analysts have released ratings for Confluent , presenting a wide array of perspectives from bullish to bearish. The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 7 5 5...
Japan braces for life with interest rates after historic change
Japan braces for life with interest rates after historic change
Mar 21, 2024
TOKYO (Reuters) - In the coming years, Satoaki Kanoh needs to replace almost a dozen ageing machines at his Tokyo-based maker of acrylic panels, a major undertaking that he worries will become even more expensive. Ideally, I'd like to do one a year. But I don't have that much money, Kanoh said of the customised pieces of machinery that cost...
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Tata Power Renewable Energy wins 200-MW project in collaboration with SJVN
Tata Power Renewable Energy wins 200-MW project in collaboration with SJVN
Nov 28, 2023
The firm and dispatchable renewable energy (FDRE) project, designed with a hybrid of solar, wind, and battery storage, is aimed at providing a stable and dispatchable energy supply during peak hours. Shares of Tata Power Company Ltd ended at ₹270.75, up by ₹12.60, or 4.88%, on the BSE.
Cups are disposable, the environment is not: Starbucks’ green realisation
Cups are disposable, the environment is not: Starbucks’ green realisation
Sep 16, 2023
For the last several years, Starbucks has been testing different kinds of plastics. In 2019, the company went to a straw less lid, eliminating a good amount of plastic. By the end of 2023, the goal is to reduce by 15 percent the amount of material in each cup.
SJVN secures 200-MW wind power project at ₹3.24 per unit
SJVN secures 200-MW wind power project at ₹3.24 per unit
Nov 16, 2023
Projected to generate 482 million units in its inaugural year post-commissioning, the cumulative energy generation over a 25-year span is anticipated to reach 12,050 million units. Shares of SJVN Ltd ended at ₹75.17, down by ₹0.50, or 0.66%, on the BSE.
This sustainable jewellery brand is luring some women away from gold
This sustainable jewellery brand is luring some women away from gold
Oct 30, 2023
Aulerth's offerings range from ₹5,000 to as high as ₹2.8 lakh. Are women willing to spend this much on jewellery made from scrap? Founder and CEO Vivek Ramabhadran definitely believes so. Aulerth produces couture-inspired pieces in association with designers like JJ Valaya, Suneet Varma, among others. It has reported 33% repeat customers in the past year and expects a spike to 40% soon.
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Gensler Criticizes Crypto Exchanges for Questionable Practices, Says Spot ETH ETFs Will ‘Take Some Time’
Gensler Criticizes Crypto Exchanges for Questionable Practices, Says Spot ETH ETFs Will ‘Take Some Time’
Jun 6, 2024
SEC Chair Gensler has voiced concern over unethical conduct within crypto exchanges, noting that the introduction of spot Ethereum ETFs will require additional time. Genslers comments were made during a June 5 interview on CNBC, where he also responded to Jim Cramers inquiries about potential exchange-traded products for cryptocurrencies beyond Bitcoin and Ethereum. Gensler Criticizes Crypto Exchanges Gensler stated that...
Charles Hoskinson Blasts Media’s Negative Portrayal of Cardano’s Prospects
Charles Hoskinson Blasts Media’s Negative Portrayal of Cardano’s Prospects
Jun 6, 2024
Cardano founder Charles Hoskinson has dismissed claims that the network suffers from weak fundamentals. He criticized media outlets for their continued negative portrayal of the ecosystem, asserting a stark contrast between the reality of Cardano’s progress and the media’s depiction. Cardano Founder Refutes Media’s Gloomy Forecasts In a sharp rebuke this week, Hoskinson accused the media of wrongly predicting the...
Big Troubles for Ripple (XRP)? Jim Cramer Tells Gensler the SEC Already Lost
Big Troubles for Ripple (XRP)? Jim Cramer Tells Gensler the SEC Already Lost
Jun 6, 2024
TL;DR Jim Cramer suggested the SEC has lost its case against Ripple, sparking mixed reactions due to his past inaccurate crypto predictions. The lawsuit started in December 2020 over unregistered securities allegations, with the company securing partial court wins in 2023, potentially impacting XRPs price volatility. Mixed Feelings Following Cramers Claim Earlier this week, the popular American TV personality Jim...
Cardano, Shiba Inu, Jasmy Catch Whale Fever as Large Transactions Spike
Cardano, Shiba Inu, Jasmy Catch Whale Fever as Large Transactions Spike
Jun 6, 2024
Following the recent recovery in the market, certain altcoins have become appealing to buyers, with wealthy investors even beginning to stockpile these assets before prices potentially surge. Cardano (ADA), Shiba Inu (SHIB), and JasmyCoin (JASMY) are experiencing notable price surges, each seemingly driven by increased whale activity. Whales Pile In This week, transactions exceeding $100k on these networks have more...
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