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Aussie moves in a positive zone after inflation data
Aussie moves in a positive zone after inflation data
May 25, 2025
The Australian dollar rose in Asian trade on Wednesday against the US dollar after a short hiatus yesterday, with the pair heading towards four-month high and about to mark the second monthly profit in a row. Earlier Sydney data showed inflationary pressures remained persistent on monetary policymakers, casting doubts on the odds of an Australian interest rate cut in May....
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 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...
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...
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Sector Update: Financial
Sector Update: Financial
Apr 17, 2024
08:58 AM EDT, 04/17/2024 (MT Newswires) -- Financial stocks were advancing pre-bell Wednesday as the Financial Select Sector SPDR Fund (XLF) was 0.2% higher recently. The Direxion Daily Financial Bull 3X Shares (FAS) was up 0.7% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 0.7% lower. U.S. Bancorp ( USB ) was down almost 4% after...
Sector Update: Health Care
Sector Update: Health Care
Apr 17, 2024
08:56 AM EDT, 04/17/2024 (MT Newswires) -- Health care stocks were mixed premarket Wednesday as the Health Care Select Sector SPDR Fund (XLV) was up 0.3% and the iShares Biotechnology ETF (IBB) was 0.3% lower recently. Sage Therapeutics ( SAGE ) was declining by over 17% after saying the phase 2 study of its investigational drug dalzanemdor for the treatment...
Sector Update: Tech
Sector Update: Tech
Apr 17, 2024
08:59 AM EDT, 04/17/2024 (MT Newswires) -- Technology stocks were flat to higher premarket Wednesday as the SPDR S&P Semiconductor ETF (XSD) was inactive and the Technology Select Sector SPDR Fund (XLK) was recently up 0.2%. ASML Holding ( ASML ) was down more than 4% after it reported lower fiscal Q1 earnings and net sales. ...
Oil Prices Fall Again on Easing International Tensions and a Larger than Expected Rise in US Inventories
Oil Prices Fall Again on Easing International Tensions and a Larger than Expected Rise in US Inventories
Apr 17, 2024
08:48 AM EDT, 04/17/2024 (MT Newswires) -- Oil prices weakened for a third-straight day early on Wednesday as a report showed an larger than expected rise in US inventories last week, while geopolitical worries continue to moderate. West Texas Intermediate crude oil for May delivery was last seen down US$0.69 to US$84.67 per barrel, while June Brent crude, the global...
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Fedex price driven lower by pivotal resistance - Forecast today - 02-04-2024
Fedex price driven lower by pivotal resistance - Forecast today - 02-04-2024
Apr 2, 2024
Fedex Corporations stock price (FDX) fell in the intraday levels after the pivotal resistance of 285.50 held on, with the stock collecting profits and gathering momentum to pierce that resistance, while venting off overbought saturation in the RSI, with negative signals out of them, amid the dominance of the main upward trend in the medium term, coupled with positive pressure...
A Glimpse Into The Expert Outlook On Lam Research Through 20 Analysts
A Glimpse Into The Expert Outlook On Lam Research Through 20 Analysts
Apr 2, 2024
In the preceding three months, 20 analysts have released ratings for Lam Research ( LRCX ) , presenting a wide array 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...
A Closer Look at 5 Analyst Recommendations For MKS Instruments
A Closer Look at 5 Analyst Recommendations For MKS Instruments
Apr 2, 2024
Across the recent three months, 5 analysts have shared their insights on MKS Instruments ( MKSI ) , expressing a variety of opinions spanning from bullish to bearish. The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat...
Xiaomi's Entry To An Already Crowded EV Market Could Make Things Even Worse For Tesla
Xiaomi's Entry To An Already Crowded EV Market Could Make Things Even Worse For Tesla
Apr 2, 2024
The EV king, Tesla Inc ( TSLA ) kicked off the week by raising prices for all Model Y cars in the United States by $1,000. But last week, Bloomberg reported that Tesla has cut production at its Shanghai factory in response to intense competition and unsatisfactory growth in China. Besides the homegrown competitor BYD Company Limited ( BYDDF ) that even dethroned...
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Capstone Reports Record Q3 Results With 46% EBITDA Growth and New Acquisition Momentum
Capstone Reports Record Q3 Results With 46% EBITDA Growth and New Acquisition Momentum
Nov 17, 2025
Pro forma revenue up 19% YoY; $26M in acquired annual revenue accelerates Capstone's path toward a $100M run-rate by early 2026 NEW YORK CITY, NEW YORK / ACCESS Newswire / November 17, 2025 / Capstone Holding Corp. ( CAPS ) , a national building products distribution platform, today announced strong financial and strategic highlights for the third quarter of 2025,...
PulteGroup Plans Expansion Into Cincinnati Market
PulteGroup Plans Expansion Into Cincinnati Market
Nov 17, 2025
10:56 AM EST, 11/17/2025 (MT Newswires) -- PulteGroup ( PHM ) said Monday that it plans to enter the Cincinnati market and will look to develop communities across its portfolio of brands in the area. Initial efforts in the region will be led by Scott Mairn, the president of PulteGroup's ( PHM ) Indianapolis-Louisville division, the homebuilder said. Shares of...
Why Is Datavault AI Stock Surging Monday?
Why Is Datavault AI Stock Surging Monday?
Nov 17, 2025
Datavault AI Inc ( DVLT ). shares soared after it reported third-quarter 2025 revenue of $2.904 million, up 148% from a year earlier and 67% sequentially. Datavault posted a GAAP net loss attributable to common stockholders of $32.976 million, or 33 cents per share, compared with a loss of $7.345 million, or $1.39 per share, in the prior-year quarter. Live...
Itron to Buy Locusview for $525 Million
Itron to Buy Locusview for $525 Million
Nov 17, 2025
10:56 AM EST, 11/17/2025 (MT Newswires) -- Itron ( ITRI ) said Monday it has agreed to acquire Locusview, a software and services provider based in the US and Israel, for $525 million. The acquisition, which will be funded with cash on hand, is expected to close in January. Locusview's digital construction management platform is expected to expand Itron's (...
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Tesla’s Troubles Deepen as Reddit Traders Bet on Stock’s Further Decline
Tesla’s Troubles Deepen as Reddit Traders Bet on Stock’s Further Decline
Mar 24, 2025
There has been a growing trend on the subreddit called ElonMuskHate, where a group of users is reportedly attempting to short Teslas stock. According to a tweet by financial data platform Unusual Whales, these traders are purchasing $100 puts for June 20, 2025, which signals their belief that Teslas stock will continue to drop in the coming months. The post...
Bitcoin ETFs in the Green Again, But Ethereum Still Bleeding Funds
Bitcoin ETFs in the Green Again, But Ethereum Still Bleeding Funds
Mar 24, 2025
The crypto market witnessed a trend reversal during the past week, especially within the United States spot scene. This reversal extended to spot Bitcoin exchange-traded funds (ETF); however, Ethereum products were unaffected. According to data from CoinGlass, spot Bitcoin ETFs recorded inflows every trading day for the past week, while Ethereum ETFs continued seeing outflows. In contrast to Ethereum ETF...
Ethereum Price Analysis: What’s Ahead for ETH After Reclaiming $2K?
Ethereum Price Analysis: What’s Ahead for ETH After Reclaiming $2K?
Mar 24, 2025
Ethereum is currently attempting to recover after months of bearish pressure, but key resistance levels and liquidation dynamics suggest caution is still warranted. Technical Analysis By Edris Derakhshi The Daily Chart On the daily chart, ETH has managed to bounce from the $1,900 support zone and is now pushing toward the $2,200 resistance area. However, the asset remains well below...
Half a Million BTC and Counting: Strategy Adds Nearly $600M More to Its Bitcoin Stack
Half a Million BTC and Counting: Strategy Adds Nearly $600M More to Its Bitcoin Stack
Mar 24, 2025
After the modest BTC purchase announced last week, the Michael Saylor-founded Nasdaq giant is back in its groove as it has allocated nearly $600 million for its latest bitcoin acquisition. Thus, the company is now halfway through the one million bitcoin milestone. $MSTR has acquired 6,911 BTC for ~$584.1 million at ~$84,529 per bitcoin and has achieved BTC Yield of...
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