The Australian dollar tumbled in Asian trade on Wednesday to 2-⅕ month lows against the US dollar, sharpening the decline for the fourth straight session after inflation in Australia cooled to three-year lows, reducing the pressure on the Reserve Bank of Australia. The new data boosted the odds of an interest rate cut by the RBA in December, as investors...

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...

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...

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...

Fedbank Financial Services IPO listing date: Despite the NBFC's strong track record of growth and profitability, along with its diversified customer portfolio, the lack of enthusiasm among investors could lead to a flat or even negative listing, analysts say.

The Gurugram-based fintech firm is working with DAM Capital Advisors and SBI Capital Markets for preparations of its listing. The company is aiming to file an initial prospectus as soon as next month and a share sale could happen in 2024.

CNBC-TV18 had reported on Thursday siting sources that Alipay, a unit of Jack Ma's Alibaba is looking to sell 29.6 crore shares or 3.4% of the company's overall equity in a block deal.

JPmorgan has maintained an 'overweight' rating on Reliance with a target of Rs 2,810 per share, while UBS has maintained a 'neutral' rating on Simens with a target of Rs 3,750 per share.

IREN ( IREN ) underwent analysis by 4 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish. 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 2 2...

7 analysts have shared their evaluations of IBM ( IBM ) during the recent three months, expressing a mix of bullish and bearish perspectives. Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0 4 2 0...

Palo Alto Networks ( PANW ) underwent analysis by 10 analysts in the last quarter, revealing a spectrum of viewpoints 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 4 3...

WASHINGTON (Reuters) -The U.S. Commerce Department is considering placing more Chinese companies, including ChangXin Memory (CXMT), on its restricted export list, a person familiar with the matter said. The Bureau of Industry and Security is also looking at adding subsidiaries of Semiconductor Manufacturing International Corporation and Yangtze Memory Technologies Co. to the Entity List, the person said. Timing of move...

Rajasthan Election Exit Poll Results 2023: The exit poll results will be announced on Thursday, November 30, at 6.30 pm after voting in Telangana gets over. Rajasthan is known for its anti-incumbency, with the state swinging between the BJP and Congress in the past elections.

As part of the Yatra, more than 2,500 mobile performing vans and over 200 mobile theatre vans will be pressed into service to cover the 2.55 lakh gram panchayats and clusters in all cities and towns of the country.

The Karnataka Assembly election results threw up an unexpected suspense on Tuesday, as a simple majority tantalisingly eluded BJP and...

The cases were lodged against Union Minister of State Rajeev Chandrasekhar over his controversial social media posts following the blasts at a convention centre in Kochi during a prayer meeting of Christian religious group Jehovah's Witnesses.

07:42 AM EDT, 10/23/2024 (MT Newswires) -- Old Dominion Freight Line ( ODFL ) reported Q3 earnings Wednesday of $1.43 per diluted share, down from $1.54 a year earlier. Analysts polled Capital IQ expected $1.42. Revenue for the quarter ended Sept. 30 was $1.47 billion, down from $1.52 billion a year earlier. Analysts polled Capital IQ expected $1.49 billion. ...

07:41 AM EDT, 10/23/2024 (MT Newswires) -- Popular (BPOP) reported Q3 net income Wednesday of $2.16 per diluted share, up from $1.90 a year earlier. Analysts polled by Capital IQ expected $2.32. Revenue for the quarter ended Sept. 30, expressed as the sum of net interest income and total noninterest income, was $736.6 million, compared with $693.6 million a year...

07:40 AM EDT, 10/23/2024 (MT Newswires) -- Stifel Financial ( SF ) reported Q3 adjusted earnings Wednesday of $1.50 per diluted share, up from $0.60 a year earlier. Analysts polled by Capital IQ expected $1.60. Net revenue for the quarter ended Sept. 30 was $1.22 billion compared with $1.05 billion a year earlier. Analysts surveyed by Capital IQ expected $1.20...

07:37 AM EDT, 10/23/2024 (MT Newswires) -- Coca-Cola (KO) reported fiscal Q3 comparable net income Wednesday of $0.77 per diluted share, up from $0.74 a year earlier. Analysts polled by Capital IQ expected $0.75. Net operating revenue for the quarter ended Sept. 27 was $11.85 billion, down from $11.95 billion a year earlier. Analysts surveyed by Capital IQ expected $11.61...

After Bitcoins sharp pullback unsettled investors, the crypto market is cautiously attempting to steady itself. While recovery efforts remain modest, the latest wave of market chatter among investors has spotlighted a mix of familiar heavyweights and emerging tokens. Bitcoin, for one, continues to dominate strategic discussions, while Tethers liquidity moves and Cardanos growing ecosystem are driving broader debates. Assets Drawing...

TL;DR The controversial yet highly popular cryptocurrency project made a big announcement last week about the beginning of a new event. Heres why today (August 21) is a crucial date for all ecosystem participants. Here It Comes CryptoPotato reported over the weekend about the next big thing in the development of the entire Pi Network ecosystem. For the first time...

TL;DR Analysts see Bitcoin dipping to $106K–$110K before setting new highs in Q4 2025. $114K short-term pivot will determine whether it  holds range or slides into a deeper correction. Whale long positions remain strong, signaling an accumulation phase before a possible rally to fresh highs. Bitcoin Steady Ahead of Powell Speech Crypto markets are holding range-bound trading as investors wait...

Bitcoin investors are now growing increasingly concerned that the top of this cycle may already be in place, with many fearing that a substantial price crash could soon follow. Despite these concerns, there are still several critical areas and key elements in the market structure that could provide support and potentially drive the asset higher, paving the way for another...