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Euro keeps rising with eyes on European inflation data
Euro keeps rising with eyes on European inflation data
Sep 1, 2025
The euro rose in European trading on Monday, marking its third consecutive daily advance against the US dollar, supported by sustained pressure on the greenback amid strong expectations of a Federal Reserve rate cut later this month. Investors are now awaiting Tuesdays release of key eurozone inflation data for August, which is expected to provide clearer signals on whether the...
Yen moves lower with a negative opening to the week
Yen moves lower with a negative opening to the week
Sep 1, 2025
The Japanese yen fell in Asian trading on Monday at the start of the week, marking its second straight day of losses against the US dollar, as easing inflationary pressures reduced expectations for an imminent policy shift by the Bank of Japan. With the likelihood of a rate hike in Japan later this month diminishing, investors are awaiting further signals...
How the United States and China are battling for control of global bauxite supplies
How the United States and China are battling for control of global bauxite supplies
Sep 2, 2025
Despite some fluctuations and recurring concerns about oversupply, the global bauxite market continues to grow steadily. Much of this expansion is driven by rising demand in the aluminum sector, particularly from the automotive, aviation, and renewable energy industries. Around 60% of electric vehicle manufacturers and 70% of aerospace materials companies use aluminum in various forms. Moreover, about 85% of bauxite...
Yen extends losses on weaker Japanese rate hike prospects
Yen extends losses on weaker Japanese rate hike prospects
Sep 2, 2025
The Japanese yen fell in Asian trading on Tuesday against a basket of major and minor currencies, extending its losses for a third consecutive session against the US dollar, as the likelihood of the Bank of Japan raising interest rates later this month weakened. Easing inflationary pressures on the central bank have reduced expectations for near-term policy normalization, with investors...
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Top Midday Stories: AppLovin Faces SEC Investigation; Big Automakers Face Potential Disruptions From NY Plant Fire
Top Midday Stories: AppLovin Faces SEC Investigation; Big Automakers Face Potential Disruptions From NY Plant Fire
Oct 7, 2025
11:38 AM EDT, 10/07/2025 (MT Newswires) -- All three major US stock indexes were down in late-morning trading Tuesday, as the ongoing US government shutdown enters its second week. In company news, AppLovin ( APP ) is facing a Securities and Exchange Commission investigation into its data-collection practices, Bloomberg reported Monday, citing people with knowledge of the matter. The SEC...
Fed's Miran says calm bond market shows support for rate cuts
Fed's Miran says calm bond market shows support for rate cuts
Oct 7, 2025
NEW YORK (Reuters) -Federal Reserve Governor Stephen Miran on Tuesday said that the U.S. bond market's current relative calm supports a swift push to lower interest rates. Given that market signals in reaction to Fed policy changes can carry valuable feedback in the wake of a policy change, Miran said I would actually argue that the bond market behavior last...
Exchange-Traded Funds Edge Lower as US Equities Fall After Midday
Exchange-Traded Funds Edge Lower as US Equities Fall After Midday
Oct 7, 2025
01:12 PM EDT, 10/07/2025 (MT Newswires) -- Broad Market Indicators Broad-market exchange-traded funds IWM and IVV declined. Actively traded Invesco QQQ Trust (QQQ) was down 0.5%. US equity indexes fell, with the S&P 500 set for its first drop in eight trading sessions, amid declines in growth sectors such as consumer discretionary, technology, and communication services. Energy iShares US Energy...
Fed's Miran says calm bond market shows support for rate cuts
Fed's Miran says calm bond market shows support for rate cuts
Oct 7, 2025
NEW YORK, Oct 7 (Reuters) - Federal Reserve Governor Stephen Miran on Tuesday said that the U.S. bond market's current relative calm supports a swift push to lower interest rates. Given that market signals in reaction to Fed policy changes can carry valuable feedback in the wake of a policy change, Miran said I would actually argue that the bond...
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Arista Networks's Options: A Look at What the Big Money is Thinking
Arista Networks's Options: A Look at What the Big Money is Thinking
Apr 1, 2025
Benzinga's options scanner just detected over 31 options trades for Arista Networks ( ANET ) summing a total amount of $3,256,428. At the same time, our algo caught 22 for a total amount of 2,905,558. Projected Price Targets After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between...
Decoding Broadcom's Options Activity: What's the Big Picture?
Decoding Broadcom's Options Activity: What's the Big Picture?
Apr 1, 2025
Investors with a lot of money to spend have taken a bullish stance on Broadcom ( AVGO ) . And retail traders should know. We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga. Whether these are institutions or just wealthy individuals, we don't know. But when something this big...
Exclusive-Outsourcing firm WNS fields takeover interest, sources say
Exclusive-Outsourcing firm WNS fields takeover interest, sources say
Apr 1, 2025
NEW YORK (Reuters) -WNS Holdings ( WNS ), a technology outsourcing services firm with a market value of $2.8 billion, is exploring a sale after attracting acquisition interest from potential suitors including Capgemini, according to people familiar with the matter. WNS, which traces its roots to India, is working with its investment bankers at JPMorgan Chase to evaluate its talks...
Research Alert: CFRA Maintains Strong Buy Rating On Shares Of Servicenow Inc.
Research Alert: CFRA Maintains Strong Buy Rating On Shares Of Servicenow Inc.
Apr 1, 2025
12:50 PM EDT, 04/01/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows: We lower our target price to $982 from $1,242, switching to a P/FCF multiple of 48x our 2025 free cash flow estimate of $4.2B, above its three-year average and peer...
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Maharashtra | Nitin Gadkari slams Uddhav Thackeray over 'taint' jibe at Devendra Fadnavis
Maharashtra | Nitin Gadkari slams Uddhav Thackeray over 'taint' jibe at Devendra Fadnavis
Jul 10, 2023
Addressing BJP workers in Nagpur, Uddhav Thackeray said the BJP leader was a "taint" on Nagpur as he had aligned with the NCP despite asserting he would never do so. Bharatiya Janata Yuva Morcha workers raised slogans against Thackeray after tearing his posters near the Nagpur airport.
Delhi ordinance row: Supreme Court to hear AAP government's plea on July 17, issues notice to Centre
Delhi ordinance row: Supreme Court to hear AAP government's plea on July 17, issues notice to Centre
Jul 10, 2023
The Supreme Court has agreed to hear the plea filed by the Delhi government challenging the Centre's ordinance that grants the Lieutenant Governor power over administrative service postings in the national capital.
West Bengal Panchayat elections: Repolling underway in 696 booths across 19 districts
West Bengal Panchayat elections: Repolling underway in 696 booths across 19 districts
Jul 10, 2023
Polling was held on Saturday in over 61,000 booths for the three-tier panchayat elections. In several places, ballot boxes were looted, set on fire and thrown in ponds, leading to violence.
West Bengal: Trinamool Congress names Derek O'Brien, Saket Gokhale for July 24 Rajya Sabha election
West Bengal: Trinamool Congress names Derek O'Brien, Saket Gokhale for July 24 Rajya Sabha election
Jul 10, 2023
The Trinamool Congress (TMC) has announced its candidates for the Rajya Sabha elections in West Bengal, including Derek O'Brien, Sukhendu Sekhar Ray, Dola Sen, Samirul Islam, Prakash Chik Baraik, and Saket Gokhale. The party mentioned the vacant seats due to the end of tenures for certain leaders and the resignation of former Goa chief minister Luizinho Faleiro, with a bypoll scheduled on July 24.
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India stops taking Russian oil delivered on Sovcomflot tankers, Bloomberg News reports
India stops taking Russian oil delivered on Sovcomflot tankers, Bloomberg News reports
Mar 22, 2024
March 22 (Reuters) - All of India's refiners are now refusing to take Russian crude carried on PJSC Sovcomflot tankers due to U.S. sanctions, Bloomberg News reported on Friday. Reuters reported earlier this week that India's Reliance Industries, operator of the world's biggest refining complex, would not buy Russian oil loaded on tankers operated by shipper Sovcomflot (SCF) after recent...
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...
Japan's union group Rengo announces biggest wage hikes on record
Japan's union group Rengo announces biggest wage hikes on record
Mar 22, 2024
TOKYO (Reuters) -Japanese firms have agreed to raise pay by 5.25% this year, the biggest rise under comparable data since 2013, the country's largest union group Rengo confirmed on Friday. The results of the closely-watched wage negotiations are announced in several stages, in which the blue-chip firms are first to wrap up their talks in mid-March. The second announcement on...
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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2025: The Golden Age of Crypto? Bitwise Shares Optimistic Outlook for BTC, ETH, SOL
2025: The Golden Age of Crypto? Bitwise Shares Optimistic Outlook for BTC, ETH, SOL
Dec 11, 2024
Crypto exchange-traded fund (ETF) issuer Bitwise predicted that 2025 will usher in the Golden Age of Crypto. In its latest report, Bitwise outlined a stellar 2025 for Bitcoin, Ethereum, and Solana, building on their impressive 2024 performances. Among other things, AI-driven meme coins are also expected to gain traction in the coming year. Bitcoin to $200K and Beyond Bitcoin led...
Why Is the Ripple (XRP) Price Up Today?
Why Is the Ripple (XRP) Price Up Today?
Dec 11, 2024
TL;DR XRP briefly crossed $2.40, fueled by optimism around Ripples RLUSD stablecoin approval. Analysts see potential for the asset to hit $8.40 to $48.12, citing strong technical patterns. XRP Outperforms Its Rivals The cryptocurrency market continues to struggle following the latest correction, with many leading digital assets charting minor losses on a daily scale. However, this is not the case...
XRP Jumps 6% Daily, BTC Eyes $98K After Drop to $94K (Market Watch)
XRP Jumps 6% Daily, BTC Eyes $98K After Drop to $94K (Market Watch)
Dec 11, 2024
Bitcoins price went through another full-on rollercoaster yesterday but has managed to recover most of the losses and now sits close to $98,000. The altcoins are still mostly in the red, aside from XRP, SOL, and TON, from the larger caps, which have posted impressive gains. BTC Targets $98K BTCs inability to decisively conquer the $100,000 level during the weekend...
Important Binance Announcement Affecting PEPE Traders: Details
Important Binance Announcement Affecting PEPE Traders: Details
Dec 11, 2024
TL;DR Binance announced another delisting effort, this time involving PEPE and two other altcoins. The price of the frog-themed token has plummeted daily. Its pullback could be a result of Binances announcement and the recent bloodbath in the meme coin sector. Removing These Pairs The worlds biggest crypto exchange periodically reviews all pairs on its platform to protect users and...
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