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Dollar extends gains to 2-1/5 month highs as US yields rally
Dollar extends gains to 2-1/5 month highs as US yields rally
Nov 3, 2024
The US dollar gained ground in European trade on Wednesday against a basket of major rivals, extending gains for the third straight session and hitting 2-⅕ month highs as US 10-year treasury yields expanded their gains. The advance comes after bullish remarks from some Fed officials, which hurt the odds of a Fed interest rate cut in November. The Index...
Yen about to mark fresh weekly loss ahead of general elections
Yen about to mark fresh weekly loss ahead of general elections
Nov 3, 2024
The Japanese yen rose in European trade on Friday away from three-month lows against the US dollar, amid active short-covering, while US 10-year treasury yields slowed down. Despite the gains today, the yen is still heading for a weekly loss, ahead of the Japanese parliamentary elections during the weekend, with opinion polls indicating the governing LDP could lose its majority....
Loonie declines after aggressive BOC interest rate cut
Loonie declines after aggressive BOC interest rate cut
Nov 3, 2024
The Canadian dollar fell against most major rivals after an aggressive step taken by the Bank of Canada today. The Bank of Canada today announced an interest rate cut of 50 basis points to 3.75% as expected. The BOC expects the global economy to expand by 3% in the next two years, and for the US economic growth to be...
US dollar gives up three-month high on profit-taking
US dollar gives up three-month high on profit-taking
Nov 3, 2024
The US dollar fell in European trade on Thursday against a basket of major rivals away from three-month highs, on track for the first loss in four days amid active profit-taking as US 10-year treasury yields stall. Now investors await a batch of important US data later today that will shed light on the health of the US economy in...
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Sector Update: Tech Stocks Fall Late Afternoon
Sector Update: Tech Stocks Fall Late Afternoon
Jul 11, 2025
03:47 PM EDT, 07/11/2025 (MT Newswires) -- Tech stocks declined late Friday afternoon with the Technology Select Sector SPDR Fund (XLK) dropping 0.4% and the SPDR S&P Semiconductor ETF (XSD) shedding 1%. The Philadelphia Semiconductor Index eased 0.1%. In corporate news, MicroCloud Hologram ( HOLO ) shares rose 12% after the company said that it bought up to $200 million...
Sector Update: Consumer Stocks Mixed in Late Afternoon Trading
Sector Update: Consumer Stocks Mixed in Late Afternoon Trading
Jul 11, 2025
03:37 PM EDT, 07/11/2025 (MT Newswires) -- Consumer stocks were mixed late Friday afternoon with the Consumer Staples Select Sector SPDR Fund (XLP) shedding 0.1% and the Consumer Discretionary Select Sector SPDR Fund (XLY) gaining 0.2%. In corporate news, Kraft Heinz ( KHC ) is preparing to spin off a large portion of its grocery business, including many Kraft products,...
Sector Update: Health Care Stocks Retreat Late Afternoon
Sector Update: Health Care Stocks Retreat Late Afternoon
Jul 11, 2025
03:39 PM EDT, 07/11/2025 (MT Newswires) -- Health care stocks were sliding late Friday afternoon, with the NYSE Health Care Index dropping 1.1% and the Health Care Select Sector SPDR Fund (XLV) falling 1%. The iShares Biotechnology ETF (IBB) dropped 1.1%. In sector news, the US Food and Drug Administration may fast-track new drugs from pharmaceutical companies that equalize the...
Sector Update: Energy
Sector Update: Energy
Jul 11, 2025
03:31 PM EDT, 07/11/2025 (MT Newswires) -- Energy stocks were higher late Friday afternoon, with the NYSE Energy Sector Index and the Energy Select Sector SPDR Fund (XLE) each adding 0.7%. The Philadelphia Oil Service Sector index rose 0.9%, while the Dow Jones US Utilities index was 0.1% higher. Front-month West Texas Intermediate crude oil climbed 3.1% to $68.62 a...
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Deep Dive Into Entegris Stock: Analyst Perspectives (5 Ratings)
Deep Dive Into Entegris Stock: Analyst Perspectives (5 Ratings)
Jun 26, 2024
Ratings for Entegris ( ENTG ) were provided by 5 analysts in the past three months, showcasing a mix of bullish and bearish perspectives. The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 4...
Demystifying Asana: Insights From 8 Analyst Reviews
Demystifying Asana: Insights From 8 Analyst Reviews
Jun 26, 2024
Asana has been analyzed by 8 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish. The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0 2 4...
Nvidia Reclaims $3 Trillion: 37% Of Benzinga Readers Nailed Prediction For Under A Month
Nvidia Reclaims $3 Trillion: 37% Of Benzinga Readers Nailed Prediction For Under A Month
Jun 26, 2024
Semiconductor giant Nvidia Corporation ( NVDA ) briefly passed Microsoft Corporation ( MSFT ) and Apple Inc ( AAPL ) to become the most valuable company in the world last week. While the move was short-lived, a drop below the $3 trillion market capitalization also proved to be short-lived for the chip stock. What Happened: Nvidia ( NVDA ) hit...
Design Your Own Controller: PlayStation's Latest Patent Explained
Design Your Own Controller: PlayStation's Latest Patent Explained
Jun 26, 2024
Sony Group Corp. ( SONY )‘s PlayStation has filed a patent for a groundbreaking controller concept. What Happened: The patent introduces a novel use of electric ink, allowing players to design a custom layout tailored to their unique play style. Spotted by industry insider Exputer (via Insider Gaming), PlayStation’s latest patent details a controller that offers unparalleled freedom in customization....
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Japan is a test case for Trump's tariff deals. But talks may be tortuous
Japan is a test case for Trump's tariff deals. But talks may be tortuous
May 25, 2025
TOKYO/WASHINGTON (Reuters) -When Tokyo's top trade negotiator met U.S. President Donald Trump for tariff talks at the White House earlier this month, he presented him with a gold-coloured piggy bank.     One detail, seemingly unnoticed by those in the room, is that the gift was made in China, the focal point for Trump's sweeping trade war that has engulfed Japan...
Toyota considers investing in potential $42 billion buyout of key supplier
Toyota considers investing in potential $42 billion buyout of key supplier
May 25, 2025
By Maki Shiraki and Makiko Yamazaki TOKYO, April 27 (Reuters) - Toyota Motor ( TM ) said it is exploring the possibility of investing in a potential buyout of key parts supplier Toyota Industries ( TYIDF ) - a buyout that reportedly could cost $42 billion. We are currently exploring various possibilities, including partial investment, the automaker said in a...
From rubber ducks to 401(k)s, Trump voters feel tariff pain but most see long-term gain
From rubber ducks to 401(k)s, Trump voters feel tariff pain but most see long-term gain
May 25, 2025
(Reuters) -President Donald Trump's April 9 decision to hike tariffs on China hit as Steve Egan, a promotional product distributor in Tampa, Florida, was in the middle of ordering 5,000 rubber ducks from a Chinese vendor. The ducks were for a local non-profit that wanted to hand them out at parades and special events. Overnight, the ducks' cost jumped from...
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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