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Dow and Nasdaq 100 losses slow, while Dax remains under pressure
Dow and Nasdaq 100 losses slow, while Dax remains under pressure
Jul 22, 2024
​​​Dow is holding on above 40,000 ​After two days of heavy losses, the index still remains above its previous highs, as investors brace themselves for a busy week of earnings. ​Further declines will target 40,080, and then down to rising trendline support from mid-June. Bulls will look for a revival back above 40,500 to suggest that a low has been...
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...
Meta Q2 2024 Earnings Preview: Steady Growth and a Focus on its AI Story
Meta Q2 2024 Earnings Preview: Steady Growth and a Focus on its AI Story
Jul 23, 2024
When will Meta report its latest earnings? Meta is scheduled to report its second quarter (Q2) earnings after the market closes on Wednesday, July 31st, 2024. What should traders look out for? Last quarter, Meta reported a revenue beat of $36.46 billion vs. $36.16 billion expected and an EPS beat of $4.71 per share vs. $4.32 expected. The company reported...
Alphabet's Earnings Preview: Steady growth and a focus on its AI story
Alphabet's Earnings Preview: Steady growth and a focus on its AI story
Jul 23, 2024
Article by IG Market Analyst Hebe Chen Alphabet's Earnings: What to expect Alphabet’s consensus EPS forecast for the second quarter of the year is $1.85, a slight decrease from the previous quarter at $1.89, but still a 28% increase compared to the same quarter last year. Total revenue is projected to reach $84.3 billion, reflecting a 4% increase from the...
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Nvidia unveils AI chips for video, software generation
Nvidia unveils AI chips for video, software generation
Sep 9, 2025
(Reuters) -Nvidia said on Tuesday it would launch a new artificial intelligence chip by the end of next year, designed to handle complex functions such as creating videos and software. The chips, dubbed Rubin CPX, will be built on Nvidia's next-generation Rubin architecture - the successor to its latest Blackwell technology that marked the company's foray into providing larger processing...
Checkmarx Positioned as a Leader in the IDC MarketScape for Application Security Posture Management 2025
Checkmarx Positioned as a Leader in the IDC MarketScape for Application Security Posture Management 2025
Sep 9, 2025
PARAMUS, N.J.--(BUSINESS WIRE)-- Checkmarx, a global leader in application security testing solutions, today announced that it has been named a Leader in IDC MarketScape for Application Security Posture Management (ASPM) 2025 Vendor Assessment. Checkmarx, which was evaluated with 18 other vendors in the space, is acknowledged as a strong fit for organizations seeking an ASPM solution that is tightly integrated...
AP Memory Launches ApSRAM™ - A New Low-Power and High-Performance PSRAM
AP Memory Launches ApSRAM™ - A New Low-Power and High-Performance PSRAM
Sep 9, 2025
HSINCHU, Sept. 9, 2025 /PRNewswire/ -- AP Memory, a leading global design company providing customized memory solutions, today announced that its next-generation PSRAM—ApSRAMTM (Attached-pSRAM)—has successfully passed customer validation and is scheduled to begin mass production by the end of the year. ApSRAMTM is an advanced version of AP Memory's PSRAM (Pseudo Static Random Access Memory), featuring a new architecture optimized...
Nvidia unveils AI chips for video, software generation
Nvidia unveils AI chips for video, software generation
Sep 9, 2025
Sept 9 (Reuters) - Nvidia ( NVDA ) said on Tuesday it would launch a new artificial intelligence chip by the end of next year, designed to handle complex functions such as creating videos and software. The chips, dubbed Rubin CPX, will be built on Nvidia's ( NVDA ) next-generation Rubin architecture - the successor to its latest Blackwell technology...
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Kroger case tests FTC Chair Khan's bid to protect workers
Kroger case tests FTC Chair Khan's bid to protect workers
Aug 29, 2024
* FTC argues Kroger ( KR ) merger would harm unionized workers' bargaining power * Policing anticompetitive conduct that affects workers is a priority for FTC Chair Khan * Experts say FTC must prove union grocery jobs are a unique labor market By Jody Godoy Aug 26 (Reuters) - Federal Trade Commission Chair Lina Khan's initiative to use antitrust laws...
Deals of the day-Mergers and acquisitions
Deals of the day-Mergers and acquisitions
Aug 29, 2024
Aug 26 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Monday: ** UCB, a Belgian biopharmaceutical firm, said it would sell its Chinese neurology and allergy business to Singapore-based asset management group CBC and Abu Dhabi sovereign investor Mubadala for $680 million. ** Swiss drugmaker Novartis said it had received a binding offer...
Market Chatter: Unilever Plans to Divest Skincare Brands Kate Somerville, REN
Market Chatter: Unilever Plans to Divest Skincare Brands Kate Somerville, REN
Aug 29, 2024
05:59 AM EDT, 08/26/2024 (MT Newswires) -- Unilever ( UL ) is planning to divest skincare brands Kate Somerville and REN, British news channel Sky News reported Sunday, citing unnamed sources. The consumer goods firm is already working with PricewaterhouseCoopers to field interest from potential buyers for Kate Somerville, Sky News said, adding that the valuation is still unclear. No...
Commerzbank on Overnight News
Commerzbank on Overnight News
Aug 29, 2024
05:46 AM EDT, 08/26/2024 (MT Newswires) -- Commerzbank in its European Sunrise note of Monday highlighted: Markets: Bullish steepening in United States Treasuries (UST) extend in Asia. Asian stocks are mixed, e-minis consolidate. The euro (EUR) rises to $1.12 before consolidating. Brent hovers just above $79.5/barrel. Fed: Chicago Federal Reserve Bank President Austan Goolsbee says it's time to pay more...
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Grayscale GBTC Notches 4 Inflow Days But ETHE Outflow Concerns Mount
Grayscale GBTC Notches 4 Inflow Days But ETHE Outflow Concerns Mount
May 21, 2024
On May 20, Grayscale’s GBTC fund had an inflow of $9.3 million. While this is much lower than rival funds from BlackRock or Fidelity, it is a milestone for Grayscale, which has hemorrhaged capital since it converted the fund to a spot Bitcoin ETF in January. It is the first time since mid-Janaury that GBTC has seen four inflow days...
Dogecoin (DOGE) Flips Toncoin (TON) Following an Overall Meme Coin Revival
Dogecoin (DOGE) Flips Toncoin (TON) Following an Overall Meme Coin Revival
May 21, 2024
TL;DR Dogecoin (DOGE) surged 8%, surpassing $0.16 and briefly reaching a market cap of $24 billion, making it the ninth-largest cryptocurrency. Key DOGE metrics, such as daily transaction volume and active addresses, have increased, with whales holding 63% of its supply and 86% of holders in profit. DOGE Climbs the Crypto Ladder The last several hours have been more than eventful...
Peter Schiff Doing Peter Schiff Things: Explains How Ethereum ETFs Will Be Bad for Bitcoin
Peter Schiff Doing Peter Schiff Things: Explains How Ethereum ETFs Will Be Bad for Bitcoin
May 21, 2024
The popular gold bug continues with his barrage against bitcoin, but his latest warning came amid times of price resurgence as the cryptocurrency skyrocketed above $70,000. Schiff actually thinks that a lot of bad news will hit BTC if the US Securities and Exchange Commission indeed greenlights spot Ethereum ETFs. Schiff Goes After Bitcoin Again Spot ETFs became the main...
Bitcoin Price to Soar as Japan’s Economy Worsens: BitMEX’s Arthur Hayes
Bitcoin Price to Soar as Japan’s Economy Worsens: BitMEX’s Arthur Hayes
May 21, 2024
The weakening Japanese yen could potentially lead to actions that drive up the price of bitcoin and other cryptocurrencies, according to former BitMEX CEO Arthur Hayes. His central argument revolves around the fact the Japanese yen has been rapidly weakening against the US dollar due to the large interest rate differential between the two currencies. This hurts Japans export competitiveness...
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