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Aussie moves in a positive zone after inflation data
Aussie moves in a positive zone after inflation data
May 25, 2025
The Australian dollar rose in Asian trade on Wednesday against the US dollar after a short hiatus yesterday, with the pair heading towards four-month high and about to mark the second monthly profit in a row. Earlier Sydney data showed inflationary pressures remained persistent on monetary policymakers, casting doubts on the odds of an Australian interest rate cut in May....
Aussie is worst performing currency after RBA rate cut
Aussie is worst performing currency after RBA rate cut
May 25, 2025
The Australian dollar tumbled on Tuesday against a basket of major rivals, resuming losses against the US counterpart after a short hiatus and becoming the worst performing G8 currency after the RBAs rate cut. The Reserve Bank of Australia voted to cut interest rates by 25 basis points to 3.85%, the lowest since May 2023, as inflation cooled. The Price...
Aussie falls and shrugs off strong employment data
Aussie falls and shrugs off strong employment data
May 25, 2025
The Australian dollar fell against most major rivals on Thursday despite strong labor data. Australia's unemployment rate was unchanged in April at 4.1%, same as March, and matching expectations. The Australian economy added 89.0 thousand new jobs in April, easily beating estimates of a 20.9 thousand addition, while March's reading was revised to show the addition of 32.2 thousand jobs...
Aussie drops after wages data
Aussie drops after wages data
May 25, 2025
The Australian dollar fell against most major rivals on Wednesday following labor data. Australian wages rose 0.9% in the first quarter of the year, above estimates of 0.8%. On trading, the AUD/USD pair rose 0.7% as of 20:56 GMT to 0.6428. Loonie The Canadian dollar fell 0.3% against the greenback as of 20:56 GMT to $0.7155. The US Dollar The...
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Breaking Down Advanced Micro Devices: 15 Analysts Share Their Views
Breaking Down Advanced Micro Devices: 15 Analysts Share Their Views
Feb 4, 2025
Analysts' ratings for Advanced Micro Devices ( AMD ) over the last quarter vary from bullish to bearish, as provided by 15 analysts. 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 3 6 5...
Google parent Alphabet misses quarterly revenue estimates
Google parent Alphabet misses quarterly revenue estimates
Feb 4, 2025
(Reuters) -Alphabet missed Wall Street estimates for quarterly revenue on Tuesday, in a sign the Google parent was taking a hit from increased competition in the digital advertising market and a slowdown in its cloud computing business. The tech giant's shares were down 8% in extended trading. Alphabet has gained about 9% so far this year. Google's Cloud business posted...
Google parent Alphabet misses quarterly revenue estimates
Google parent Alphabet misses quarterly revenue estimates
Feb 4, 2025
(Reuters) - Alphabet missed Wall Street estimates for quarterly revenue on Tuesday, in a sign the Google parent was taking a hit from increased competition in the digital advertising market and a slowdown in its cloud computing business. Revenue rose 12% to $96.47 billion in the fourth quarter, compared with the average analyst estimate of $96.56 billion, according to data...
Lumen beats quarterly revenue estimates on data center demand
Lumen beats quarterly revenue estimates on data center demand
Feb 4, 2025
Feb 4 (Reuters) - Fibre-optic cable provider Lumen Technologies ( LUMN ) reported fourth-quarter revenue above Wall Street estimates on Tuesday, driven by rising demand for data centers amid the AI boom. As the need for cloud computing and AI heightens, Lumen has benefited from increased investments in data centers to support AI applications, which require significant computing power. The...
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BRIEF-State Street Corp Reports 4.32% Passive Stake In Novavax Inc As Of June 30, 2024
BRIEF-State Street Corp Reports 4.32% Passive Stake In Novavax Inc As Of June 30, 2024
Jul 10, 2024
July 10 (Reuters) - Novavax Inc ( NVAX ): * STATE STREET CORP REPORTS 4.32% PASSIVE STAKE IN NOVAVAX INC AS OF JUNE 30, 2024 VERSUS 12.11% AS OF APRIL 30, 2023 - SEC FILING Source text for Eikon: Further company coverage: ...
Most patients stop using Wegovy, Ozempic for weight loss within two years, analysis finds
Most patients stop using Wegovy, Ozempic for weight loss within two years, analysis finds
Jul 10, 2024
(Reuters) -Only one in four U.S. patients prescribed Novo Nordisk's Wegovy or Ozempic for weight loss were still taking the popular medications two years later, according to an analysis of U.S. pharmacy claims provided to Reuters that also showed a steady decline in use over time. The analysis does not include details about why patients quit. But it does offer...
BRIEF-Honeywell To Acquire Air Products' Liquefied Natural Gas Process Technology And Equipment Business To Expand Energy Transition Solutions And Services
BRIEF-Honeywell To Acquire Air Products' Liquefied Natural Gas Process Technology And Equipment Business To Expand Energy Transition Solutions And Services
Jul 10, 2024
July 10 (Reuters) - Air Products and Chemicals Inc ( APD ) : * HONEYWELL TO ACQUIRE AIR PRODUCTS' LIQUEFIED NATURAL GAS PROCESS TECHNOLOGY AND EQUIPMENT BUSINESS TO EXPAND ENERGY TRANSITION SOLUTIONS AND SERVICES * HONEYWELL INTERNATIONAL INC ( HON ): PROPOSED DEAL FOR FOR $1.81 BILLION IN AN ALL-CASH TRANSACTION * HONEYWELL INTERNATIONAL ( HON ): DEAL EXPECTED TO...
Trilogy Metals Q2 Loss Narrows as Costs Decline
Trilogy Metals Q2 Loss Narrows as Costs Decline
Jul 10, 2024
07:14 AM EDT, 07/10/2024 (MT Newswires) -- Trilogy Metals ( TMQ ) said Wednesday that its fiscal second-quarter loss narrowed due to declines in general and administrative costs, the loss attributable to the joint venture Ambler Metals, and stock-based compensation and salaries. The company reported a comprehensive loss for the quarter ended May 31 of U.S.$1.8 million, or U.S.$0.01 per...
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Bitcoin (BTC) Brushes Off Geopolitical Jitters: Here Is the Next Target in Sight
Bitcoin (BTC) Brushes Off Geopolitical Jitters: Here Is the Next Target in Sight
May 26, 2025
Bitcoin clawed back losses on Monday, rising to nearly $110,000 after US President Donald Trumps unexpected EU tariff announcement rattled markets over the weekend. A key technical pattern has now emerged, which could potentially hint at the next major move in the cryptocurrencys ongoing price trend. Bitcoins Double Bottom Formation Bitcoin may be on track to reach $112,000 following the...
Analyst Forecasts BTC Short
Analyst Forecasts BTC Short
May 26, 2025
Bitcoin’s current rally may only be warming up, with market watchers predicting a potential surge to $162,000 by mid-June, largely driven by short-term holders approaching a critical profit threshold. According to Axel Adler Jr., Bitcoin’s Net Unrealized Profit/Loss (NUPL) for those who’ve held the cryptocurrency for a maximum of three months sits at 27%. The Short-Term Holder Catalyst In a...
Crypto Whale Wynn Quits After Scoring $25M from $1.25B Bitcoin Bet
Crypto Whale Wynn Quits After Scoring $25M from $1.25B Bitcoin Bet
May 26, 2025
In a dramatic twist befitting the man known as the “10U God of War,” crypto trader James Wynn has exited his headline-grabbing $1.25 billion Bitcoin long with a cool $25 million profit. The crypto whale had wagered his capital on BTC hitting $121,000 this week, leveraging 40x on Hyperliquid. From $87M Highs to a $25M Exit At one point, the...
Bitcoin Eyes $110K and Crypto Markets Rebound as Trump Delays Tariffs on EU
Bitcoin Eyes $110K and Crypto Markets Rebound as Trump Delays Tariffs on EU
May 25, 2025
Crypto markets have gained almost $100 billion over the past 12 hours, as trade tensions have eased following the latest move from US President Donald Trump. Late on Sunday, May 25, Trump announced that he was extending the deadline for a 50% tariff on the European Union until July 9. He previously said the tariffs would come into effect on...
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