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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...
Yen skids to three-month low as the gap in treasury yields widens
Yen skids to three-month low as the gap in treasury yields widens
Oct 26, 2024
The yen fell in European trade on Wednesday against a basket of major rivals, sharpening the losses for the third straight session against the US dollar and hitting three-month lows amid concerns about a wider US-Japan gap in government treasury yields. Recent bearish remarks from Japanese officials hurt the odds of a third BOJ interest rate hike this year, while...
Aussie skids to 2-1/5 month low as inflation cools
Aussie skids to 2-1/5 month low as inflation cools
Oct 30, 2024
The Australian dollar tumbled in Asian trade on Wednesday to 2-⅕ month lows against the US dollar, sharpening the decline for the fourth straight session after inflation in Australia cooled to three-year lows, reducing the pressure on the Reserve Bank of Australia. The new data boosted the odds of an interest rate cut by the RBA in December, as investors...
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: Tech
Sector Update: Tech
Jul 8, 2024
08:47 AM EDT, 07/08/2024 (MT Newswires) -- Technology stocks were flat to higher premarket Monday as the SPDR S&P Semiconductor ETF (XSD) was up 0.9% and the Technology Select Sector SPDR Fund (XLK) was flat recently. Canadian Solar ( CSIQ ) rose past 2% after saying its CSI Solar unit's e-Storage business has secured a contract from Nova Scotia Power...
Looming Powell Testimony, Inflation Data Stifle US Equity Futures Pre-Bell
Looming Powell Testimony, Inflation Data Stifle US Equity Futures Pre-Bell
Jul 8, 2024
08:04 AM EDT, 07/08/2024 (MT Newswires) -- US equity futures were little changed Monday as traders stayed on the sidelines ahead of Federal Reserve Chair Jerome Powell's congressional testimony and inflation data later in the week. Dow Jones Industrial Average futures gained 0.1%, while S&P 500 futures and Nasdaq futures were flat. Powell will kick off his two-day semiannual monetary...
Nvidia, Amazon And 2 Other Stocks Insiders Are Selling
Nvidia, Amazon And 2 Other Stocks Insiders Are Selling
Jul 8, 2024
The Nasdaq 100 closed higher by around 1% on Friday. Investors, meanwhile, focused on some notable insider trades. When insiders sell shares, it could be a preplanned sale, or could indicate their concern in the company's prospects or that they view the stock as being overpriced. Insider sales should not be taken as the only indicator for making an investment...
Futures flat with inflation data, earnings in focus
Futures flat with inflation data, earnings in focus
Jul 8, 2024
(Reuters) - U.S. stock index futures were little changed on Monday, as investors prepared for a busy week that will see the release of a key inflation report, Federal Reserve Chair Jerome Powell's testimony and the start of the second-quarter earnings season. Expectations for interest rate cuts as early as September received a further boost after Friday's nonfarm payrolls report...
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Breaking Down IonQ: 5 Analysts Share Their Views
Breaking Down IonQ: 5 Analysts Share Their Views
Dec 19, 2024
Providing a diverse range of perspectives from bullish to bearish, 5 analysts have published ratings on IonQ ( IONQ ) in the last three months. The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total...
Demystifying Okta: Insights From 40 Analyst Reviews
Demystifying Okta: Insights From 40 Analyst Reviews
Dec 19, 2024
Analysts' ratings for Okta ( OKTA ) over the last quarter vary from bullish to bearish, as provided by 40 analysts. 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 11 22 0 0...
Italy, Spanish fund make $733 mln bid for Telecom Italia subsea unit
Italy, Spanish fund make $733 mln bid for Telecom Italia subsea unit
Dec 19, 2024
MILAN/ROME, Dec 19 (Reuters) - Italy's Treasury and Spanish fund Asterion have made a 700 million euro ($733 million) joint binding offer for Telecom Italia's (TIM) submarine cable unit Sparkle, the ministry and the former phone monopoly said on Thursday. The sale is part of infrastructure asset sales by TIM Chief Executive Pietro Labriola, aimed at cutting the company's debt...
Micron slumps as bleak quarterly forecast clouds AI-related boost
Micron slumps as bleak quarterly forecast clouds AI-related boost
Dec 19, 2024
(Reuters) - Micron Technology ( MU ) shares plummeted 15% in premarket trading on Thursday following a dismal forecast that signaled a squeeze from weak demand for personal computers and smartphones, overshadowing a solid lift from sales of AI-related chips. The market for dynamic random-access memory (DRAM) chips, the company's biggest revenue generator, has remained under pressure since the end...
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Online retailer Hour Loop Q3 revenue up, margins hit by tariffs
Online retailer Hour Loop Q3 revenue up, margins hit by tariffs
Nov 12, 2025
Overview * Hour Loop Q3 2025 net revenues rose 7.6% to $33.4 mln * Net income for Q3 2025 increased to $0.53 mln * Company faced tariff challenges, leading to a modest decline in gross margin Outlook * Hour Loop ( HOUR ) declines to provide full-year 2025 guidance due to economic uncertainty Result Drivers * INVENTORY STRATEGY - Co...
Cassava Sciences Q3 net loss narrows, beats expectations
Cassava Sciences Q3 net loss narrows, beats expectations
Nov 12, 2025
Overview * Cassava Sciences ( SAVA ) Q3 net loss narrows to $10.8 mln, beating analyst expectations * Company advancing simufilam for TSC-related epilepsy, study planned for H1 2026 * Cash and cash equivalents at $106.1 mln, expected to support operations into 2027 Outlook * Cassava plans proof-of-concept study for simufilam in TSC-related epilepsy in H1 2026 * Company revises...
Artelo Biosciences Q3 net loss widens to $3.1 mln
Artelo Biosciences Q3 net loss widens to $3.1 mln
Nov 12, 2025
Overview * Artelo Biosciences ( ARTL ) reports Q3 net loss of $3.1 mln, increased R&D and G&A expenses * Positive interim Phase 2 data for ART27.13 attracts partnering interest * Company completed public offering of common stock for $3.0 mln Outlook * Company expects first-in-human study for ART12.11 to start in 1H 2026 * Artelo sees partnering interest for...
Allurion Technologies Q3 revenue beats expectations
Allurion Technologies Q3 revenue beats expectations
Nov 12, 2025
Overview * Allurion ( ALUR/WS ) Q3 revenue of $2.7 mln beats analyst expectations despite a year-over-year decline * Company reduced operating expenses by 29% and operating loss by 22% year-over-year * Allurion ( ALUR/WS ) exchanged debt for convertible preferred equity and secured $5 mln private placement Outlook * Company did not provide specific financial guidance for future quarters...
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Big Cardano Price Predictions as ADA Shoots Up 17% to 3
Big Cardano Price Predictions as ADA Shoots Up 17% to 3
Dec 3, 2024
TL:DR; Cardanos native token has emerged as one of the top performers today, surging to $1.3 to mark a multi-year peak. The community was quick to pick up the move and outline some massive predictions of up to $6. ADAUSD. Source: TradingView ADAs Bull Rally ADA stood at around $0.32 on November 5, the day of the US elections, and...
These Altcoins Take Center Stage With Massive Gains as BTC Stalls at $95K (Market Watch)
These Altcoins Take Center Stage With Massive Gains as BTC Stalls at $95K (Market Watch)
Dec 3, 2024
Bitcoin experienced some enhanced volatility yesterday when it was rejected at $97,500 and pushed south hard by three grand in hours before it settled at just over $95,000. In contrast, numerous altcoins have outperformed, charting mindblowing surges, such as ADA, AVAX, TRX, LINK, HBAR, and many others. BTC Stalls at $95K It was just a week ago when the primary...
Massive Rally Fuels XRP Network: Over 22,000 New Wallets Created in a Day
Massive Rally Fuels XRP Network: Over 22,000 New Wallets Created in a Day
Dec 3, 2024
XRP reclaimed its position as the third-largest cryptocurrency by market capitalization this week after a significant rally reinvigorating investor interest. The surge has not only boosted XRPs market cap but also its network growth as seen with its increasing wallet count. XRP Network Growth Soars According to Santiments latest analysis, XRP has seen an impressive increase in network growth, with...
Chainlink (LINK) Explodes 37% to 2
Chainlink (LINK) Explodes 37% to 2
Dec 2, 2024
Chainlink prices have exploded by over 36% to an almost two-year high, topping $26 during late trading on Dec. 2. LINK has more than doubled in price over the past month, climbing from below $11 in early November to today’s peak, which is the highest it has been since January 2022. Most of those gains have come in the past...
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