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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...

The Australian dollar rose in Asian trade on Wednesday against a basket of major rivals, expanding gains for the second straight session against the US dollar and hitting a week high, while approaching five-week highs following strong Australian wages data. The data renewed inflationary pressures on the Reserve Bank of Australias policymakers, which hurt the odds of a rate cut...

01:33 PM EDT, 03/28/2024 (MT Newswires) -- Financial stocks advanced in Thursday afternoon trading with the NYSE Financial Index and the Financial Select Sector SPDR Fund (XLF) each rising 0.4%. The Philadelphia Housing Index climbed 1%, and the Real Estate Select Sector SPDR Fund (XLRE) gained 0.5%. Bitcoin (BTC-USD) rose 1.8% to $70,705, and the yield for 10-year US Treasuries...

01:43 PM EDT, 03/28/2024 (MT Newswires) -- Tech stocks were mixed Thursday afternoon, with the Technology Select Sector SPDR Fund (XLK) decreasing 0.3% and the SPDR S&P Semiconductor ETF (XSD) up 0.4%. The Philadelphia Semiconductor index edged down 0.1%. In corporate news, Apple ( AAPL ) shares fell 1.3% after DZ Bank downgraded the tech giant to hold from buy...

01:29 PM EDT, 03/28/2024 (MT Newswires) -- Energy stocks were higher Thursday afternoon, with the NYSE Energy Sector Index rising 0.8% and the Energy Select Sector SPDR Fund (XLE) up 0.9%. The Philadelphia Oil Service Sector index was posting a 0.9% increase and the Dow Jones US Utilities index was rising 0.5%. Front-month West Texas Intermediate crude oil was rising...

01:35 PM EDT, 03/28/2024 (MT Newswires) -- Health care stocks were higher Thursday afternoon, with the NYSE Health Care Index adding 0.4% and the Health Care Select Sector SPDR Fund (XLV) up 0.2%. The iShares Biotechnology ETF (IBB) decreased 0.3%. In corporate news, Walgreens Boots Alliance ( WBA ) lowered the high end of its full-year earnings outlook, even though...

AMSTERDAM, March 12 (Reuters) - China remains an important growth market for French-Italian semiconductor STMicroelectronics, despite increasing U.S-China tensions over semiconductors, the company's chief executive said on Tuesday. Speaking at a Citi technology conference in London, CEO Jean-Marc Chery said the company is not daunted by plans by Chinese chipmakers to invest in relatively older generations of chips, following a...

10:44 AM EDT, 03/12/2024 (MT Newswires) -- S&P Global Ratings on Monday revised the outlook on BCE (BCE.TO) and its related entities to negative from stable and affirmed all ratings on the company, including its BBB+ issuer credit rating. The negative outlook reflects the risk of a downgrade within the next 12-months if we believe the company is unable to...

Datadog ( DDOG ) underwent analysis by 18 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish. The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 6 9 3 0 0 Last...

Magic Software ( MGIC ) is set to give its latest quarterly earnings report on Wednesday, 2024-03-13. Here's what investors need to know before the announcement. Analysts estimate that Magic Software ( MGIC ) will report an earnings per share (EPS) of $0.19. Magic Software ( MGIC ) bulls will hope to hear the company announce they've not only beaten...

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.

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

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.

10:29 AM EDT, 08/11/2025 (MT Newswires) -- Village Farms International ( VFF ) shares were up more than 19% in recent Monday trading following its Q2 results. Earlier, the company reported Q2 earnings of $0.24 per diluted share, compared a loss of $0.21 a year earlier. Three analysts polled by FactSet expected a loss of $0.01 Sales for the quarter...

* Ford aims to compete with cost-efficient Chinese EVs * Automaker says new midsize pickup will target $30,000 price * Company has scaled back EV goals and delayed launches By Nora Eckert DETROIT, Aug 11 (Reuters) - Ford plans to start rolling out its new family of affordable electric vehicles in 2027, including a midsize pickup truck with a target...

10:28 AM EDT, 08/11/2025 (MT Newswires) -- Avantor ( AVTR ) said Monday that its board remains committed to driving growth, expanding margins and creating sustained shareholder value in response to activist investor Engine Capital's call to explore options, including a sale or restructuring. Avantor ( AVTR ) said it is acting with urgency to strengthen performance in laboratory solutions...

10:31 AM EDT, 08/11/2025 (MT Newswires) -- Almonty Industries ( ALM ) is poised to become the world's largest miner of tungsten outside of China and Russia, Oppenheimer said in a Monday note. As the US Department of Defense implements bans on non-friendly-sourced critical materials and China restricts the export of tungsten and other rare earths, Almonty is expected to...

Binance will pay $4.3 billion in one of the largest corporate agreements in US history. Changpeng Zhao will pay a $50 million fine under a deal that requires him to step down as CEO. Zhao pleaded guilty Tuesday to violating the Bank Secrecy Act in federal court in Seattle.

The crypto market is experiencing one of its longest, most bitter winters in recent history. It has caused a massive...

Bankman-Fried was found guilty of seven counts of fraud and conspiracy after jurors in Manhattan deliberated for less than five hours Thursday.

A spot crypto ETF would track the market price of the underlying crypto asset, giving investors exposure to the token without having to buy the currency. The SEC has previously denied all spot bitcoin ETF applications citing potential for fraud, but that could soon change after it lost a legal battle in August.