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US dollar heads for monthly loss on mounting bets of Fed rate cuts
US dollar heads for monthly loss on mounting bets of Fed rate cuts
Aug 29, 2025
The US dollar held steady on Friday but was on track to record a 2% decline in August against major peers, as markets increasingly bet on a Federal Reserve rate cut next month while concerns persist over threats to the central banks independence. The euro was unchanged at 1.1677 dollars, while the British pound slipped 0.2% to 1.3474 dollars. Both...
Has lithium’s reign as the king of batteries come to an end?
Has lithium’s reign as the king of batteries come to an end?
Aug 28, 2025
Lithium-ion batteries power much of the modern world, with their importance in daily life steadily increasing to the point where they now provide energy for nearly 70% of all rechargeable devices. From electric vehicles to smartphones and utility-scale energy storage, lithium-ion batteries have become the backbone of countless industries. Yet despite their dominance, the industry faces serious supply chain challenges...
Yen inches down as Tokyo inflation slows
Yen inches down as Tokyo inflation slows
Aug 29, 2025
The Japanese yen edged lower in Asian trading on Friday against a basket of global currencies, moving into negative territory versus the US dollar after weak data showed a slowdown in Tokyos core inflation for August, reducing the likelihood of a rate hike by the Bank of Japan next month. Over the course of August, however, the yen remains on...
Euro dips before German, Spanish inflation data
Euro dips before German, Spanish inflation data
Aug 29, 2025
The euro slipped in European trading on Friday against a basket of global currencies, moving into negative territory versus the US dollar ahead of key inflation data from Germany and Spain, which are expected to provide new signals on the path of European interest rates for the remainder of the year. Over the course of August, however, the single currency...
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Cognizant beats quarterly profit estimates on gradual recovery in IT services demand
Cognizant beats quarterly profit estimates on gradual recovery in IT services demand
Oct 31, 2024
Oct 30 (Reuters) - Cognizant Technology Solutions ( CTSH ) beat Wall Street estimates for third-quarter profit on Wednesday, helped by recovery in demand as more businesses turn to the IT services provider. The results signal a recovery in the business environment, with clients increasingly relying on the IT and consulting services offered by Cognizant to digitize their business operations....
Decoding 8 Analyst Evaluations For Riot Platforms
Decoding 8 Analyst Evaluations For Riot Platforms
Oct 31, 2024
In the preceding three months, 8 analysts have released ratings for Riot Platforms ( RIOT ) , presenting a wide array of perspectives from bullish to bearish. In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months. Bullish Somewhat Bullish Indifferent Somewhat...
Critical Insights From Altair Engineering Analyst Ratings: What You Need To Know
Critical Insights From Altair Engineering Analyst Ratings: What You Need To Know
Oct 31, 2024
Analysts' ratings for Altair Engineering ( ALTR ) over the last quarter vary from bullish to bearish, as provided by 4 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 0 0 4 0...
Monolithic Power forecasts Q4 revenue above estimates, but shares slump
Monolithic Power forecasts Q4 revenue above estimates, but shares slump
Oct 31, 2024
Oct 30 (Reuters) - Monolithic Power Systems ( MPWR ) forecast fourth-quarter revenue above Wall Street estimates on Wednesday, but guided for a sequential drop in sales as weak end-market demand for EVs potentially hampers sales of its power control products and semiconductors used in vehicles, offsetting AI-linked benefits. Shares of the Kirkland, Washington-based company fell about 9% in trading...
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What is the debate over Biodiversity Bill, likely to be tabled in monsoon session of Parliament
What is the debate over Biodiversity Bill, likely to be tabled in monsoon session of Parliament
Jul 12, 2023
The new bill exempts registered AYUSH practitioners and people accessing codified traditional knowledge, from sharing benefits with local communities or giving prior intimation to state biodiversity boards before accessing biological resources.
Brahmapuram waste plant fire: Kerala Assembly witnesses uproarious scenes, LoP says CM running away from issue
Brahmapuram waste plant fire: Kerala Assembly witnesses uproarious scenes, LoP says CM running away from issue
Mar 13, 2023
A fire that broke out at the waste treatment plant in Kochi on March 2, 2023, continues to spread toxic fumes even after 11 days of the incident. The Kerala government has said that 95 percent of the fire has been extinguished, but the smoke from the landfill has not entirely subsided. 
Govt blames inaction by AAP in Punjab, Delhi for bad air quality
Govt blames inaction by AAP in Punjab, Delhi for bad air quality
Nov 6, 2023
Accusing Kejriwal of being busy with election campaigning in poll-bound states and waking up to the situation late, Minister of State for Consumer Affairs, Food, and Public Distribution, Ashwini Kumar Choubey, said that the Centre had held a meeting with Chief Secretaries and senior officials from four North Indian states on 20th October to discuss measures to reduce air pollution, which he claims weren't adopted by the AAP-led governments.
Rajasthan: Gehlot government begins Rs 2,500 cr dam project for Sabarmati, Sei rivers ahead of polls
Rajasthan: Gehlot government begins Rs 2,500 cr dam project for Sabarmati, Sei rivers ahead of polls
Mar 1, 2023
On Tuesday, the Gehlot government invited bids for both projects to build the dams within the next four years. The chief minister had announced both projects in last year’s budget.
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FedEx jumps on profit beat, improved margins in its largest unit
FedEx jumps on profit beat, improved margins in its largest unit
Mar 22, 2024
(Reuters) - FedEx ( FDX ) shares surged in premarket trading on Friday after the parcel giant beat estimates for quarterly profit and reported a higher operating margin at Express, its largest unit. Shares of the company rose 12.4% to $297.75 before the bell, with rival UPS up 3.5%. FedEx ( FDX ) has taken several measures to protect margins...
Hutchmed Begins Registration Stage for Phase 2/3 Trial of Investigational Autoimmune Disorder Drug
Hutchmed Begins Registration Stage for Phase 2/3 Trial of Investigational Autoimmune Disorder Drug
Mar 22, 2024
05:04 AM EDT, 03/22/2024 (MT Newswires) -- Hutchmed ( HCM ) said late Thursday it has started the registration stage for a phase 2/3 clinical trial of investigational drug sovleplenib for adult patients with warm antibody autoimmune hemolytic anemia in China. The move follows positive data from the proof-of-concept phase 2 stage of the trial and a consultation with the...
Once a beacon of stability, Vietnam to name third president in a year
Once a beacon of stability, Vietnam to name third president in a year
Mar 22, 2024
HANOI, March 22 (Reuters) - Communist-ruled Vietnam is seeking its third president in little more than a year after the resignation of Vo Van Thuong, who was only elected last year after the sudden dismissal of his predecessor. With accumulated foreign direct investment higher than its gross domestic product, Vietnam's stability is crucial to multinationals with large operations in the...
Cathie Wood's ARK Invest scoops up nearly 10,000 Reddit shares in debut
Cathie Wood's ARK Invest scoops up nearly 10,000 Reddit shares in debut
Mar 22, 2024
(Reuters) - Popular investor Cathie Wood's ARK Invest bought nearly 10,000 shares of Reddit ( RDDT ) in the social media platform's strong market debut on Thursday, an email from the asset manager showed. A total of 9,982 shares of the loss-making company was added to ARK Next Generation Internet ETF ( ARKW ) and ARK Fintech Innovation ETF (...
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India Reconsiders Crypto Policy Amid Global Regulatory Shifts: Report
India Reconsiders Crypto Policy Amid Global Regulatory Shifts: Report
Feb 3, 2025
Reports have emerged that India will review its approach to crypto following Donald Trumps friendlier attitude to the sector. According to Reuters, Ajay Seth, Indias Economic Affairs Secretary, has said the government is revisiting its stance following changes in how other jurisdictions treat the asset class.  A Change In Approach In a Sunday interview with the publication, Seth is quoted...
Bitcoin Rallies Toward $100K as Mexico and US Suspend Tariffs
Bitcoin Rallies Toward $100K as Mexico and US Suspend Tariffs
Feb 3, 2025
The massive volatility caused by the US tariffs against a few countries continues to impact the crypto market, but this time in the opposite direction after a positive development on the US-Mexico front. Bitcoins price, which had tumbled to under $92,000 earlier today, exploded by several grand in less than an hour to almost $100,000. A lot can and was...
DeepSeek News Triggered $530M in Outflows Before Rapid Rebound: CoinShares
DeepSeek News Triggered $530M in Outflows Before Rapid Rebound: CoinShares
Feb 3, 2025
Investment in digital asset products saw total inflows of $527 million last week. However, intraweek flows revealed fluctuating investor sentiment, largely driven by broader market concerns, including the DeepSeek news, which led to $530 million in outflows on Monday. Despite this initial decline, the market recovered with over $1 billion in inflows later in the week. With $44 billion in...
Elon Musk Backs Blockchain to Help US Treasury Fight Fraud
Elon Musk Backs Blockchain to Help US Treasury Fight Fraud
Feb 3, 2025
Elon Musk, who leads President Donald Trump’s Department of Government Efficiency (D.O.G.E.), has called out the U.S. Treasury for approving fraudulent payments and suggested blockchain as a solution. His remarks came in response to concerns about inefficiencies and mismanagement in the Scott Bessent-led department. Could Blockchain Solve Treasury Fraud? The controversy started when Musk took to X on February 2,...
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