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Wall Street stabilizes after data
Wall Street stabilizes after data
Apr 18, 2024
US stock indices stabilized on Thursday following strong data that showed the Fed wont be pressured any time soon to cut interest rates. Earlier US data showed unemployment claims stabilized at just 212 thousand last week. Otherwise, IMF Director Christalina Georgiva said to Bloomberg she still sees a possibility of a Fed interest rate cut this year, however she supported...
Sector Update: Energy Stocks Decline Late Afternoon
Sector Update: Energy Stocks Decline Late Afternoon
Apr 18, 2024
03:47 PM EDT, 04/18/2024 (MT Newswires) -- Energy stocks fell late Thursday afternoon, with the NYSE Energy Sector Index and Energy Select Sector SPDR Fund (XLE) each shedding 0.3%. The Philadelphia Oil Service Sector index rose 0.4%, and the Dow Jones US Utilities index gained 0.5%. West Texas Intermediate crude oil was fractionally up at $82.70 per barrel, while global...
Equity Markets Mixed Ahead of Netflix Results
Equity Markets Mixed Ahead of Netflix Results
Apr 18, 2024
03:42 PM EDT, 04/18/2024 (MT Newswires) -- US benchmark equity indexes were struggling for direction ahead of Thursday's close, as traders evaluated the latest corporate earnings and awaited Netflix's ( NFLX ) results. The Nasdaq Composite was down 0.3% at 15,630.1, while the S&P 500 fell 0.1% to 5,017.7. The Dow Jones Industrial Average rose 0.2% to 37,822.1. Among sectors,...
Update: Gold Sticks Around US$2,400 as Buying Momentum Continues
Update: Gold Sticks Around US$2,400 as Buying Momentum Continues
Apr 18, 2024
02:00 PM EDT, 04/18/2024 (MT Newswires) -- (Updates prices) Gold stayed near the US$2,400 mark midafternoon on Thursday despite rising treasury yields as the metal continues to test record highs. Gold for June delivery was last seen up US$10.30 to US$2,398.70 per ounce. The metal has been unable to sustain a move above the US$2,400 mark despite buying momentum. Gold...
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China claims 'wipe-out' of large telecom fraud centres in northern Myanmar
China claims 'wipe-out' of large telecom fraud centres in northern Myanmar
Nov 21, 2024
BEIJING (Reuters) - China and Myanmar's law enforcement agencies have wiped out all large-scale telecom fraud centres operating in northern Myanmar, Chinese state media reported on Thursday, after an operation at the weekend saw more than 700 arrested. China launched a campaign last year to combat telecom fraud in Myanmar following a surge in crimes targeting Chinese citizens. Since then,...
Huawei To Reportedly Take On Nvidia With Mass Production Of New AI Chips By 2025 Amid US Restrictions
Huawei To Reportedly Take On Nvidia With Mass Production Of New AI Chips By 2025 Amid US Restrictions
Nov 21, 2024
Huawei Technologies Co., Ltd. is set to initiate mass production of its latest AI chip, the Ascend 910C, in early 2025, despite facing significant hurdles due to U.S. trade restrictions. What Happened: The Chinese telecom giant has already distributed samples of the Ascend 910C to various tech firms and begun accepting orders. The chip is designed to rival those from U.S. AI chipmaker Nvidia...
How Much Does It Really Cost To Complete Pokémon TCG's First Set?
How Much Does It Really Cost To Complete Pokémon TCG's First Set?
Nov 21, 2024
Nintendo ADR‘s (OTC:NTDOY) Pokémon TCG Pocket, a mobile game that combines the collectible card game experience with a free-to-play model, has made waves with its pricing structure. Gamer and Reddit user Weens4Life has shared how they spent $1,500 to complete the Genetic Apex set—a task that involved opening 1,741 booster packs to obtain all the cards, according to IGN. See...
US agency votes to launch review, update undersea telecommunications cable rules
US agency votes to launch review, update undersea telecommunications cable rules
Nov 21, 2024
* FCC raising scrutiny of submarine cables that handle 98% of world's internet traffic * Commission looks to tighten rules barring companies like Huawei from involvement (Adds Chinese embassy comment in paragraph 7) By David Shepardson WASHINGTON, Nov 21 (Reuters) - The Federal Communications Commission voted on Thursday to propose new rules governing undersea internet cables in the face of...
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TTM Technologies Q1 Non-GAAP Earnings, Sales Rise; Shares Gain After Hours
TTM Technologies Q1 Non-GAAP Earnings, Sales Rise; Shares Gain After Hours
Apr 29, 2026
04:38 PM EDT, 04/29/2026 (MT Newswires) -- TTM Technologies ( TTMI ) reported Q1 non-GAAP earnings late Wednesday of $0.75 per diluted share, up from $0.50 a year earlier. One analyst polled by FactSet expected $0.67. Net sales in the quarter ended March 30 rose to $846 million from $648.7 million a year earlier. One analyst surveyed by FactSet expected...
FTAI Aviation Q1 Earnings, Revenue Rise; Quarterly Dividend Increased
FTAI Aviation Q1 Earnings, Revenue Rise; Quarterly Dividend Increased
Apr 29, 2026
04:38 PM EDT, 04/29/2026 (MT Newswires) -- FTAI Aviation ( FTAI ) reported Q1 earnings late Wednesday of $1.29 per diluted share, up from $0.87 a year earlier. Analysts polled by FactSet expected $1.50. Revenue for the three months ended March 31 was $830.7 million, up from $502.1 million a year earlier. Analysts surveyed by FactSet expected $749.8 million. The...
Interactive Brokers Group Insider Sold Shares Worth $2,000,180, According to a Recent SEC Filing
Interactive Brokers Group Insider Sold Shares Worth $2,000,180, According to a Recent SEC Filing
Apr 29, 2026
04:39 PM EDT, 04/29/2026 (MT Newswires) -- Lawrence E Harris, Director, on April 28, 2026, sold 26,000 shares in Interactive Brokers Group ( IBKR ) for $2,000,180. Following the Form 4 filing with the SEC, Harris has control over a total of 173,482 Class A common shares of the company, with 173,482 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1381197/000138119726000086/xslF345X05/ownership.xml ...
Waste Connections Insider Sold Shares Worth $427,168, According to a Recent SEC Filing
Waste Connections Insider Sold Shares Worth $427,168, According to a Recent SEC Filing
Apr 29, 2026
04:39 PM EDT, 04/29/2026 (MT Newswires) -- James Little, Executive Vice President, Engineering, on April 27, 2026, sold 2,605 shares in Waste Connections ( WCN ) for $427,168. Following the Form 4 filing with the SEC, Little has control over a total of 48,436 common shares of the company, with 34,395 shares held directly and 14,041 controlled indirectly. SEC Filing:...
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Ethereum Price Analysis: Can ETH Finally Break Out of its Corrective Phase?
Ethereum Price Analysis: Can ETH Finally Break Out of its Corrective Phase?
Jan 28, 2025
Ethereum’s price went through a frustrating correction at the start of the week. However, things could change soon, and a rebound might occur in the coming weeks. Technical Analysis By Edris Derakhshi (TradingRage) The Daily Chart On the daily chart, the asset has been making lower highs and lows since getting rejected from the $4,000 resistance level. The $3,500 level...
MiCA Framework Brings 4 Leading Crypto Exchanges Under Unified EU Regulations
MiCA Framework Brings 4 Leading Crypto Exchanges Under Unified EU Regulations
Jan 28, 2025
Four leading cryptocurrency exchanges have recently secured full licenses under the European Unions Markets in Crypto-Assets Regulation (MiCA). MiCA, which became effective on December 30, 2024, provides a unified regulatory framework for crypto-asset service providers (CASPs) operating across the European Economic Area (EEA). Crypto.com announced on January 27 that its Malta entity received a MiCA license from the Malta Financial...
3 Reasons Bitcoin Could Break Records Again This February
3 Reasons Bitcoin Could Break Records Again This February
Jan 28, 2025
TL;DR Despite the brief price dip at the start of the business week, Bitcoin (BTC) seems capable of tapping a fresh all-time high in the following weeks. Nevertheless, theres also a dark horse in this prediction game, as the next FOMC meeting is right around the corner. New Peak in Just a Few Days? Despite its enhanced volatility since the...
Coinbase CEO Proposes Revamp of Token Listing Process
Coinbase CEO Proposes Revamp of Token Listing Process
Jan 28, 2025
Brian Armstrong, who heads the largest crypto exchange in the United States, Coinbase, has suggested a rethink of the company’s token listing process to respond to the incredibly high number of digital currencies being created every week. According to the crypto executive, approximately one million tokens are launched weekly, making it impossible to evaluate each individually. The Listing Process Usually,...
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