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Aussie hits one-week high after strong wages data
Aussie hits one-week high after strong wages data
May 25, 2025
The Australian dollar rose in Asian trade on Wednesday against a basket of major rivals, expanding gains for the second straight session against the US dollar and hitting a week high, while approaching five-week highs following strong Australian wages data. The data renewed inflationary pressures on the Reserve Bank of Australias policymakers, which hurt the odds of a rate cut...
Aussie is worst performing currency after RBA rate cut
Aussie is worst performing currency after RBA rate cut
May 25, 2025
The Australian dollar tumbled on Tuesday against a basket of major rivals, resuming losses against the US counterpart after a short hiatus and becoming the worst performing G8 currency after the RBAs rate cut. The Reserve Bank of Australia voted to cut interest rates by 25 basis points to 3.85%, the lowest since May 2023, as inflation cooled. The Price...
Aussie falls and shrugs off strong employment data
Aussie falls and shrugs off strong employment data
May 25, 2025
The Australian dollar fell against most major rivals on Thursday despite strong labor data. Australia's unemployment rate was unchanged in April at 4.1%, same as March, and matching expectations. The Australian economy added 89.0 thousand new jobs in April, easily beating estimates of a 20.9 thousand addition, while March's reading was revised to show the addition of 32.2 thousand jobs...
Aussie drops after wages data
Aussie drops after wages data
May 25, 2025
The Australian dollar fell against most major rivals on Wednesday following labor data. Australian wages rose 0.9% in the first quarter of the year, above estimates of 0.8%. On trading, the AUD/USD pair rose 0.7% as of 20:56 GMT to 0.6428. Loonie The Canadian dollar fell 0.3% against the greenback as of 20:56 GMT to $0.7155. The US Dollar The...
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SNAPSHOT-India stocks, rupee, swaps, call at 3:30 p.m. IST
SNAPSHOT-India stocks, rupee, swaps, call at 3:30 p.m. IST
Mar 22, 2024
MUMBAI, March 22 (Reuters) - STOCKS: The benchmark BSE Sensex rose 190.75 points, or 0.26%, to 72,831.94, while the broader NSE index gained 66.1 points, or 0.30%, to 22,078.05, as IT sector bellwether Accenture's revenue warning offset optimism around U.S. Federal Reserve rate cuts. RUPEE: The Indian rupee weakened 0.33% versus the U.S. dollar, and quoted at 83.43 per dollar,...
US Stock Futures Flat Ahead of Powell Speech After Reaching Record Highs on Thursday
US Stock Futures Flat Ahead of Powell Speech After Reaching Record Highs on Thursday
Mar 22, 2024
08:24 AM EDT, 03/22/2024 (MT Newswires) -- US stock futures were flat in Friday's premarket session after equity indexes closed at record highs on Thursday, as investors awaited Federal Reserve Chairman Jerome Powell's speech, scheduled for 9:00 am ET. Powell will deliver the opening remarks at a Fed Listens event in Washington on the topic of transitioning to a post-pandemic...
US STOCKS-Futures edge higher after Wall Street scales record peak
US STOCKS-Futures edge higher after Wall Street scales record peak
Mar 22, 2024
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Tesla slips on report co trims car production in China * FedEx ( FDX ) jumps on Q3 profit beat * Nike ( NKE ) falls after revenue forecast disappoints * Futures up: Dow 0.10%, S&P 0.11%, Nasdaq 0.07%...
Futures tick up after Wall Street hits record highs
Futures tick up after Wall Street hits record highs
Mar 22, 2024
(Reuters) - U.S. stock index futures inched higher on Friday, setting Wall Street on course for strong weekly gains as investors cheered the Federal Reserve sticking to its rate-easing stance and awaited commentary from Chair Powell later in the day. All three main U.S. indexes hit fresh record closing highs in the previous session as chip stocks rallied after Micron...
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Analyst Expectations For MongoDB's Future
Analyst Expectations For MongoDB's Future
Mar 31, 2025
In the last three months, 25 analysts have published ratings on MongoDB ( MDB ) , offering a diverse range 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 Bearish...
How the Trump family took over a crypto firm as it raised hundreds of millions
How the Trump family took over a crypto firm as it raised hundreds of millions
Mar 31, 2025
(Changes headline, adds reporting and editing credits ) By Tom Wilson, Tom Bergin, Lawrence Delevingne, Michelle Conlin LONDON/NEW YORK (Reuters) -As World Liberty Financial raised more than half a billion dollars, President Donald Trump's family took control of the crypto venture and grabbed the lion's share of those funds, aided by governance terms that industry experts say favor insiders. Launched...
A Glimpse Into The Expert Outlook On GitLab Through 13 Analysts
A Glimpse Into The Expert Outlook On GitLab Through 13 Analysts
Mar 31, 2025
Across the recent three months, 13 analysts have shared their insights on GitLab ( GTLB ) , expressing a variety of opinions spanning from bullish to bearish. 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...
Exclusive-Arm expects its share of data center CPU market sales to rocket to 50% this year
Exclusive-Arm expects its share of data center CPU market sales to rocket to 50% this year
Mar 31, 2025
SAN FRANCISCO (Reuters) - Arm Holdings expects its share of the global market for data center central processing units to surge to 50% by the end of the year, up from about 15% in 2024 with gains driven by the boom in artificial intelligence, a senior executive said. Arm's CPUs are often used as a host chip inside of an AI...
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STMicroelectronics' supervisory board denies allegations of insider trading
STMicroelectronics' supervisory board denies allegations of insider trading
Apr 10, 2025
(Reuters) -STMicroelectronics' supervisory board on Thursday denied allegations of insider trading concerning two members of the chipmaker's managing board. The statement came a day after Italy's economy minister Giancarlo Giorgetti accused STMicro's management of having sold shares it held a day before reporting negative results. Stock sales done during company's blackout period were made by company's stock plan administrator, through an...
Tianci International Prices $7 Million Common Stock Offering
Tianci International Prices $7 Million Common Stock Offering
Apr 10, 2025
04:14 AM EDT, 04/10/2025 (MT Newswires) -- Tianci International ( CIIT ) said late Wednesday it has priced a public offering of about 1.8 million common shares at $4 apiece for total gross proceeds of $7 million. Underwriters have been granted a 45-day option to purchase up to an additional 262,500 shares. The shares have been approved for listing on...
Microvast Names Carl Schultz as Chief Financial Officer
Microvast Names Carl Schultz as Chief Financial Officer
Apr 10, 2025
04:10 AM EDT, 04/10/2025 (MT Newswires) -- Microvast Holdings ( MVST ) said late Wednesday it has appointed Carl Schultz as chief financial officer, effective around April 21. Schultz most recently served as CFO of North America at Air Liquide. ...
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,...
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