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Euro edges up ahead of busy day in US markets
Euro edges up ahead of busy day in US markets
Jun 12, 2024
Euro rose in European trade on Wednesday for the first time in four sessions against the US dollar away from recent-six week lows, with the pair still under pressure from mounting EU political risks. The euro is taking a stand ahead of a busy day in US markets with many events that will impact trends worldwide. The Price The EUR/USD...
​​​​​​Dow Muted in Early Trading, while Nasdaq 100 Returns to Recent Highs and Nikkei 225 Makes Progress
​​​​​​Dow Muted in Early Trading, while Nasdaq 100 Returns to Recent Highs and Nikkei 225 Makes Progress
Jun 11, 2024
Dow Jones 30, Nasdaq 100, Nikkei 225 Analysis and Charts ​​​Dow stabilises but struggles to move higher ​After dropping back on Friday the index managed to recover on Monday, holding above the lows of Friday’s session. ​This allows the price to begin a move back towards the previous highs at 40,000, so long as the 50-day simple moving average (SMA)...
Yen stalls ahead of US inflation data, Fed's decisions
Yen stalls ahead of US inflation data, Fed's decisions
Jun 12, 2024
Yen declined in Asian trade on Wednesday, on track for the fourth straight loss against the dollar and hovering near week lows as investors await important US data today. Mainline US inflation data will be released today for May, followed by the policy decisions by the Federal Reserve today. The Bank of Japan will hold its own policy meeting tomorrow...
Dollar gives up five-week high ahead of inflation data, Fed's decisions
Dollar gives up five-week high ahead of inflation data, Fed's decisions
Jun 12, 2024
The dollar fell in European trade on Wednesday against a basket of major rivals, giving up five-week highs and on track for the first loss in four days on active profit-taking, while US 10-year treasury yields slowed down. The decline comes ahead of an important and busy day in US markets, with US inflation data and policy decisions by the...
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Exchange-Traded Funds Rise, US Equities Mixed After Midday
Exchange-Traded Funds Rise, US Equities Mixed After Midday
Jul 2, 2025
01:13 PM EDT, 07/02/2025 (MT Newswires) -- Broad Market Indicators Broad-market exchange-traded funds IWM and IVV were higher. Actively traded Invesco QQQ Trust (QQQ) was up 0.7%. US equity indexes and government bond yields traded mixed after midday on Wednesday as investors weighed the labor market data. Energy iShares US Energy ETF (IYE) and the Energy Select Sector SPDR (XLE)...
US Health Insurance Stocks Fall After Centene Withdraws 2025 EPS Guidance
US Health Insurance Stocks Fall After Centene Withdraws 2025 EPS Guidance
Jul 2, 2025
12:01 PM EDT, 07/02/2025 (MT Newswires) -- Health insurance stocks were down in recent Wednesday trading after Centene ( CNC ) withdrew its full-year earnings outlook. Molina Healthcare ( MOH ) shares were falling over 20%, UnitedHealth Group ( UNH ) was down 3.4%, Elevance Health ( ELV ) was down 8%, Humana (HUM) was down 2.8% and CVS Health...
US STOCKS-Wall St recovers with help from Nvidia, Tesla; jobs data awaited
US STOCKS-Wall St recovers with help from Nvidia, Tesla; jobs data awaited
Jul 2, 2025
* S&P 500 up 0.3%, Nasdaq up 0.75%, Dow flat * US private payrolls decrease unexpectedly in June * Centene ( CNC ) tumbles after pulling 2025 forecast * Tesla climbs after Q2 deliveries report (Updates with early afternoon price) By Sruthi Shankar and Nikhil Sharma July 2 (Reuters) - U.S. stocks recovered from opening losses to trade higher on...
US Equity Indexes Mixed in Midday Trading
US Equity Indexes Mixed in Midday Trading
Jul 2, 2025
12:26 PM EDT, 07/02/2025 (MT Newswires) -- US equity indexes and government bond yields traded mixed after midday on Wednesday as investors weighed the labor market data. The Nasdaq rose 0.9% to 20,375.9 after hitting an all-time high of 20,418.31 on Monday. The S&P 500 climbed 0.3% to 6,215.5, trading beneath its new peak of 6,217.48 scaled before midday on...
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Orrstown Financial Services Q2 Adjusted EPS, Revenue Increase
Orrstown Financial Services Q2 Adjusted EPS, Revenue Increase
Jul 22, 2025
04:56 PM EDT, 07/22/2025 (MT Newswires) -- Orrstown Financial Services ( ORRF ) reported Q2 adjusted earnings Tuesday of $1.04 per diluted share, up from $0.83 a year earlier. Analysts polled by FactSet expected $0.98. Revenue for the quarter, expressed as the sum of net interest income and total noninterest income, was $62.4 million, up from $33.3 million a year...
Karooooo Fiscal Q1 Earnings, Revenue Rise
Karooooo Fiscal Q1 Earnings, Revenue Rise
Jul 22, 2025
04:56 PM EDT, 07/22/2025 (MT Newswires) -- Karooooo ( KARO ) reported fiscal Q1 earnings late Tuesday of 8.55 rand ($0.49) per diluted share, up from 7.17 rand a year earlier. Three analysts polled by FactSet expected 7.57 rand. Revenue in the three months ended May 31 rose to 1.28 billion rand, up from 1.08 billion rand a year earlier....
Correction: Canadian National Railway Slips After Hours as It Reports a Q2 Earnings Beat but Removes 2024-2026 Outlook
Correction: Canadian National Railway Slips After Hours as It Reports a Q2 Earnings Beat but Removes 2024-2026 Outlook
Jul 22, 2025
04:59 PM EDT, 07/22/2025 (MT Newswires) -- (Corrects Factset consensus revenue estimate in the third paragraph to $4.33 billion from $4.34 billion.) Canadian National Railway ( CNI ) edged down in after-hours New York trading Tuesday as it reported higher than expected second-quarter earnings but removed its 2024 to 2026 financial outlook, citing macroeconomic uncertainty. The company said its adjusted...
S&P 500 Notches New Record, Nasdaq Snaps 6-Day Winning Streak
S&P 500 Notches New Record, Nasdaq Snaps 6-Day Winning Streak
Jul 22, 2025
04:59 PM EDT, 07/22/2025 (MT Newswires) -- The S&P 500 advanced to a new high at close on Tuesday, while the Nasdaq Composite registered its first decline in seven days as traders tracked the latest set of corporate earnings. The S&P 500 ended 0.1% higher at 6,309.6, eclipsing Monday's record finish, while the Nasdaq fell 0.4% to 20,892.7. The Dow...
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Ripple CLO Criticizes US Regulators for Using Crypto as Scapegoat in Money Laundering Scandals
Ripple CLO Criticizes US Regulators for Using Crypto as Scapegoat in Money Laundering Scandals
Sep 11, 2024
Ripple Labs’ Chief Legal Officer, Stuart Alderoty, has slammed U.S. regulators for unfairly targeting the cryptocurrency industry in money laundering investigations while allowing traditional banks to slip under the radar. In a recent X post, Alderoty pointed to the New York Federal Reserve’s reported role in enabling large-scale illicit transfers, including those tied to terrorist groups, as evidence that crypto...
This Has to Happen for Bitcoin to Soar Past $58K: Santiment
This Has to Happen for Bitcoin to Soar Past $58K: Santiment
Sep 11, 2024
In the past two weeks, bitcoin has experienced a market correction of around 11% and even more evident volatile rides. Although the leading crypto asset recently briefly rebounded to $58,000, its price still has a long way to go before it regains its all-time high levels. On-chain data from the blockchain market intelligence firm Santiment revealed that bitcoin wallets holding...
Bitcoin Hash Rate Hits A New All
Bitcoin Hash Rate Hits A New All
Sep 11, 2024
Bitcoin’s price may not look exciting this month, but the network’s total hash rate has returned to logging regular new all-time highs. The divergence between security and price is a sign that Bitcoin mining firms are happy to continue installing new computer hardware, even amid uncertain business/ market conditions. Bitcoin’s Unrelenting Hash Rate According to on-chain analytics firm Glassnode, miner...
Shiba Inu FUD Reaches a ‘Tremendous’ Level as This SHIB Indicator Plummets to a 22
Shiba Inu FUD Reaches a ‘Tremendous’ Level as This SHIB Indicator Plummets to a 22
Sep 11, 2024
TL;DR The number of small Shiba Inu (SHIB) holders has significantly decreased, reflecting high levels of Fear, Uncertainty, and Doubt (FUD). Despite the current bearish sentiment, factors such as a shift to self-custody and an increase in SHIBs burn rate could potentially drive a future price uptrend. Small Players Leave the Ecosystem The popular meme coin Shiba Inu (SHIB) has...
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