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Sector Update: Financial
Sector Update: Financial
Feb 10, 2025
08:51 AM EST, 02/10/2025 (MT Newswires) -- Financial stocks were steady premarket Monday with the Financial Select Sector SPDR Fund (XLF) recently inactive. The Direxion Daily Financial Bull 3X Shares (FAS) was up 1% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 1% lower. Loews ( L ) shares were up over 10% after the company...
Sector Update: Tech
Sector Update: Tech
Feb 10, 2025
08:43 AM EST, 02/10/2025 (MT Newswires) -- Technology stocks were mixed pre-bell Monday, with The Technology Select Sector SPDR Fund (XLK) 0.9% higher and the SPDR S&P Semiconductor ETF (XSD) marginally lower. Monday.com ( MNDY ) shares were up past 24% after the company reported higher Q4 non-GAAP net income and revenue. ...
US STOCKS-Futures start week higher as Trump's tariffs lift steelmakers
US STOCKS-Futures start week higher as Trump's tariffs lift steelmakers
Feb 10, 2025
(For a Reuters live blog on U.S., UK and European stock markets, click/ or type LIVE/ in a news window.) * T-Mobile rises on July launch for satellite-to-cell service * McDonald's posts biggest U.S. sales decline in nearly 5 years * Futures up: Dow 0.38%, S&P 500 0.45%, Nasdaq 0.69% (Updates with results from McDonald's) By Shashwat Chauhan and Sukriti...
Traders Digest Trump's Tariff Threat as US Equity Futures Rise Pre-Bell
Traders Digest Trump's Tariff Threat as US Equity Futures Rise Pre-Bell
Feb 10, 2025
08:15 AM EST, 02/10/2025 (MT Newswires) -- US equity futures were higher pre-bell Monday as traders digested US President Donald Trump's latest trade salvo. Dow Jones Industrial Average futures rose 0.5%, S&P 500 futures increased 0.5%, and Nasdaq futures were up 0.7%. Speaking to reporters aboard Air Force One, Trump said Sunday that he will impose fresh 25% tariffs on...
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Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Polestar Powers Forward: Margin Turns Positive, Losses Shrink in Q1
Polestar Powers Forward: Margin Turns Positive, Losses Shrink in Q1
May 26, 2025
Polestar Automotive Holding‘s shares are trading lower on Monday despite the company reporting a first-quarter revenue jump of 84.2% year over year (Y/Y) to $608 million. Revenue grew on higher volumes and a positive shift in the product mix. Retail sales rose by 76.4% year over year to 12,304 cars in the quarter, led by the increased uptake of newer models....
Esperion Therapeutics, Micro Labs Settle Generic Nexletol Patent Dispute
Esperion Therapeutics, Micro Labs Settle Generic Nexletol Patent Dispute
May 26, 2025
10:32 AM EDT, 05/12/2025 (MT Newswires) -- Esperion Therapeutics ( ESPR ) said Monday it reached a settlement with Micro Labs USA and its affiliate, Micro Labs, resolving a patent dispute over a proposed generic version of its cholesterol-lowering drug, Nexletol. Under the terms of the agreement, Micro Labs agreed not to market a generic version of Nexletol in the...
Ameresco Irish Unit Gets Approval for Wind Farm Upgrade
Ameresco Irish Unit Gets Approval for Wind Farm Upgrade
May 26, 2025
10:30 AM EDT, 05/12/2025 (MT Newswires) -- Ameresco ( AMRC ) said Monday its Irish subsidiary Cork Sustainable Energy ahs received approval for an upgrade to the Kilvinane Wind Farm from An Bord Pleanala, Ireland's national independent planning body. The upgrade is designed to ensure consistency with the character of the structure and the neighboring structures of the wind farm,...
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Charles Hoskinson Backs Ripple Over Coinbase in Circle Takeover Battle
Charles Hoskinson Backs Ripple Over Coinbase in Circle Takeover Battle
May 26, 2025
TL;DR Charles Hoskinson weighed in on the rumored multi-billion-dollar bidding war between Ripple and Coinbase for stablecoin issuer Circle. He also revealed ongoing talks to bring Ripple’s RLUSD to Cardanos ecosystem. Hoskinsons Choice In a recent video on YouTube, Cardanos founder claimed that such an acquisition would make the crypto space better. Hoskinson also argued that the Coinbase-a16z-Circle mafia has...
Bitcoin Has Made Getting Rich So Easy, Says Robert Kiyosaki
Bitcoin Has Made Getting Rich So Easy, Says Robert Kiyosaki
May 26, 2025
In a world where capitalists dominate most economies, people are constantly searching for ways to accumulate wealth. Bitcoin presents an easy path for this, according to finance guru and entrepreneur Robert Kiyosaki. The Rich Dad, Poor Dad author believes bitcoin (BTC) has made it so easy for anyone to get rich and insists more people should be buying the digital...
Analyst Forecasts BTC Short
Analyst Forecasts BTC Short
May 26, 2025
Bitcoin’s current rally may only be warming up, with market watchers predicting a potential surge to $162,000 by mid-June, largely driven by short-term holders approaching a critical profit threshold. According to Axel Adler Jr., Bitcoin’s Net Unrealized Profit/Loss (NUPL) for those who’ve held the cryptocurrency for a maximum of three months sits at 27%. The Short-Term Holder Catalyst In a...
Bitcoin (BTC) Brushes Off Geopolitical Jitters: Here Is the Next Target in Sight
Bitcoin (BTC) Brushes Off Geopolitical Jitters: Here Is the Next Target in Sight
May 26, 2025
Bitcoin clawed back losses on Monday, rising to nearly $110,000 after US President Donald Trumps unexpected EU tariff announcement rattled markets over the weekend. A key technical pattern has now emerged, which could potentially hint at the next major move in the cryptocurrencys ongoing price trend. Bitcoins Double Bottom Formation Bitcoin may be on track to reach $112,000 following the...
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