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Euro rebounds ahead of major eurozone data
Euro rebounds ahead of major eurozone data
Oct 27, 2024
The euro rose in European trade on Thursday against a basket of major rivals after a wave of losses across three sessions, with the euro eventually settling above 3-⅕ month lows against the US dollar. It comes ahead of major data on the eurozone sectors later today, which would shed important light on the health of the European economy in...
US dollar heads for fresh weekly profit
US dollar heads for fresh weekly profit
Oct 26, 2024
The US dollar rose in European trade on Friday against a basket of major rivals, resuming gains after a short hiatus, and approaching three-month highs once more. The gains come amid a surge in US 10-year treasury yields after bullish remarks from some Fed officials, and strong US data, which hurt the odds of an aggressive pace for US interest...
Euro hits one-week high ahead of German inflation data
Euro hits one-week high ahead of German inflation data
Oct 30, 2024
Euro rose in European trade on Wednesday on track for the third profit in a row against the US dollar, hitting a week high after data showed Spanish inflation rose past estimates in October, renewing the pressure on the European Central Bank. The odds of a 0.25% ECB interest rate cut in December dipped, with investors now waiting for official...
Yen skids to three-month trough as Japanese governing coalition loses majority
Yen skids to three-month trough as Japanese governing coalition loses majority
Oct 28, 2024
The Japanese yen skidded in Asian trade on Monday to three-month lows against the US dollar, after the election loss by the current Japanese parliamentary governing coalition, which could impede future interest rate hikes by the Bank of Japan. The yen is also pressured by a surge in US 10-year treasury yields, amid speculation about a cautious stance by the...
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Sector Update: Energy
Sector Update: Energy
Jun 25, 2025
03:33 PM EDT, 06/25/2025 (MT Newswires) -- Energy stocks were softer late Wednesday afternoon, with the NYSE Energy Sector Index down 0.2% and the Energy Select Sector SPDR Fund (XLE) easing 0.1%. The Philadelphia Oil Service Sector index was falling 1.1%, and the Dow Jones US Utilities index dropped 1.2%. US crude oil stocks, including those in the Strategic Petroleum...
Equity Markets Mixed After Fed Chair Signals Increase in Inflation
Equity Markets Mixed After Fed Chair Signals Increase in Inflation
Jun 25, 2025
03:31 PM EDT, 06/25/2025 (MT Newswires) -- US benchmark equity indexes are on track to close mixed on Wednesday, after Federal Reserve Chair Jerome Powell signalled some increase in inflation in the coming months. The S&P 500 increased 0.1% to 6,095.66, while the Nasdaq Composite was up 0.3% to 19,970.16. The Dow Jones Industrial Average fell 0.2% to 42,987.45. Among...
Top Midday Decliners
Top Midday Decliners
Jun 25, 2025
02:44 PM EDT, 06/25/2025 (MT Newswires) -- Torrid's (CURV) shares sank 38% amid heavy trading after the company said late Tuesday that it priced a secondary stock offering at $3.50 per share. Intraday trading volume soared to over 6.56 million shares compared with a daily average of about 250,000. XTI Aerospace ( XTIA ) said late Tuesday that it priced...
Top Midday Gainers
Top Midday Gainers
Jun 25, 2025
02:23 PM EDT, 06/25/2025 (MT Newswires) -- Plus Therapeutics ( PSTV ) said Wednesday that the US Food and Drug Administration has cleared its investigational new drug application for Reyobiq, paving the way for a phase 1/2a trial targeting pediatric patients with recurrent or progressive high-grade glioma and ependymoma. Shares surged 69% with intraday trading volume jumping to more than...
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Deep Dive Into Confluent Stock: Analyst Perspectives (17 Ratings)
Deep Dive Into Confluent Stock: Analyst Perspectives (17 Ratings)
Mar 22, 2024
In the preceding three months, 17 analysts have released ratings for Confluent , presenting a wide array of perspectives from bullish to bearish. 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 7 5 5...
The Analyst Landscape: 7 Takes On Clear Secure
The Analyst Landscape: 7 Takes On Clear Secure
Mar 22, 2024
Analysts' ratings for Clear Secure ( YOU ) over the last quarter vary from bullish to bearish, as provided by 7 analysts. The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective. Bullish Somewhat Bullish Indifferent...
Analysis-Apple antitrust suit mirrors strategy that beat Microsoft, but tech industry has changed
Analysis-Apple antitrust suit mirrors strategy that beat Microsoft, but tech industry has changed
Mar 22, 2024
(Reuters) - The U.S. government's antitrust lawsuit against Apple ( AAPL ) draws on the watershed 1998 case that broke Microsoft's ( MSFT ) stranglehold on desktop software, but that may prove to be an imperfect blueprint for addressing smartphone competition. The market for the iPhone today looks very different from the near-monopoly enjoyed by Microsoft's ( MSFT ) Windows...
Dutch PM to meet China's Xi amid strain over chip export policy
Dutch PM to meet China's Xi amid strain over chip export policy
Mar 22, 2024
AMSTERDAM, March 22 (Reuters) - The Netherlands' prime minister will travel to China next week for a meeting with Chinese President Xi Jinping on economic ties, the Dutch government said on Friday, a meeting that is likely to be strained over computer chip export policy matters. The Dutch government this year began denying licenses for ASML, the biggest supplier of...
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