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US Dollar Index Edges Lower, US Q1 GDP Second Estimates Prints at 1.3%
US Dollar Index Edges Lower, US Q1 GDP Second Estimates Prints at 1.3%
May 30, 2024
US Dollar Index Edges Lower, US Q1 GDP Second Estimates Prints at 1.3% US economic growth slows, according to BEA data.US dollar slips as inflation seen nudging lower. Recommended by Nick Cawley Get Your Free USD Forecast For all economic data releases and events see the DailyFX Economic Calendar US real gross domestic product(GDP) increased at an annual rate of...
Euro sharpens decline to two-week trough on European rate prospects
Euro sharpens decline to two-week trough on European rate prospects
May 30, 2024
Euro fell in European trade on Thursday against a basket of major rivals, heading for the second loss in a row against the dollar and plumbing two-week lows after giving up the psychological level of $1.08 amid concerns about the interest rate gap between Europe and the US. Markets are expecting multiple European rate cuts this year after data showed...
Yen tries to recoup from four-week trough amid brisk developments in Japanese yields
Yen tries to recoup from four-week trough amid brisk developments in Japanese yields
May 29, 2024
Yen rose in Asian trade on Thursday against a basket of major rivals, on track for the first profit in three sessions against the US dollar amid attempts to move away from four-week lows. The gains came as Japanese 10-year treasury yields spike to 13-year highs, underpinning the yen. The Price The USD/JPY pair fell 0.25% to 157.26, with a...
Dollar backs off two-week high ahead of US growth data
Dollar backs off two-week high ahead of US growth data
May 30, 2024
Dollar fell in European trade on Thursday against a basket of major rivals away from two-week highs on active profit-taking, while US treasury yields tapered off. The decline came ahead of crucial US GDP growth data for the first quarter of the year, in addition to unemployment claims data, which will offer fresh clues on the likely path ahead for...
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Solaris Up in U.S. Pre-market on Pre-Feasibility Study Results for Warintza Project in Ecuador
Solaris Up in U.S. Pre-market on Pre-Feasibility Study Results for Warintza Project in Ecuador
Nov 6, 2025
08:24 AM EST, 11/06/2025 (MT Newswires) -- Solaris Resources ( SLSR ) traded 2.5% higher at last look Thursday in NYSE American pre-market trading as the company reported the results of a pre-feasibility study for the Warintza project in Ecuador. The study outlined a posttax net present value of US$4.62 billion based on an 8% discount rate, with a 26%...
Exchange-Traded Funds, Equity Futures Higher Pre-Bell Thursday Amid Continued Earnings Reports
Exchange-Traded Funds, Equity Futures Higher Pre-Bell Thursday Amid Continued Earnings Reports
Nov 6, 2025
08:51 AM EST, 11/06/2025 (MT Newswires) -- The broad market exchange-traded fund SPDR S&P 500 ETF Trust ( SPY ) was up 0.2% and the actively traded Invesco QQQ Trust (QQQ) was 0.2% higher in Thursday's premarket activity amid easing inflation concerns and continuing corporate financial results. US stock futures were also higher, with S&P 500 Index futures up 0.2%,...
Sector Update: Energy
Sector Update: Energy
Nov 6, 2025
09:12 AM EST, 11/06/2025 (MT Newswires) -- Energy stocks were advancing premarket Thursday, with the Energy Select Sector SPDR Fund (XLE) 0.2% higher. The United States Oil Fund (USO) was up 0.1% and the United States Natural Gas Fund (UNG) was 1.4% higher. Front-month US West Texas Intermediate crude oil was up 0.1% at $59.66 per barrel at the New...
Sector Update: Tech Stocks Rise Premarket Thursday
Sector Update: Tech Stocks Rise Premarket Thursday
Nov 6, 2025
09:13 AM EST, 11/06/2025 (MT Newswires) -- Technology stocks were rising premarket Thursday, with the Technology Select Sector SPDR Fund (XLK) slightly higher and the SPDR S&P Semiconductor ETF (XSD) advancing by 0.8%. AppLovin ( APP ) stock was up nearly 6% after the company reported higher Q3 net income and revenue that also topped analysts' expectations. Datadog ( DDOG...
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MOVES-Bank of America hires JPMorgan's Tim Carpenter to co-lead software investment banking, source says
MOVES-Bank of America hires JPMorgan's Tim Carpenter to co-lead software investment banking, source says
Sep 10, 2024
Sept 9 (Reuters) - Bank of America ( BAC ) has hired technology banking veteran Tim Carpenter from peer JPMorgan Chase ( JPM ) to co-lead its software investment banking business, a source familiar with the matter said on Monday. Investment banking has experienced an improvement in 2024, riding on hopes of potential rate cuts and expectations of soft landing...
Huawei teases tri-fold smartphone, raising competition with Apple in China
Huawei teases tri-fold smartphone, raising competition with Apple in China
Sep 10, 2024
SHENZHEN, China (Reuters) - China's Huawei Technologies unveils a three-way foldable phone on Tuesday, as it seeks to widen its lead over Apple ( AAPL ) in the world's biggest smartphone market with a new form factor that has gained popularity in the China market. Just hours after Apple ( AAPL ) unveiled its latest iPhone model, Huawei is holding...
Behind the Scenes of Wolfspeed's Latest Options Trends
Behind the Scenes of Wolfspeed's Latest Options Trends
Sep 10, 2024
Investors with a lot of money to spend have taken a bearish stance on Wolfspeed ( WOLF ) . 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...
Americans used record 100 trillion megabytes of wireless data in 2023
Americans used record 100 trillion megabytes of wireless data in 2023
Sep 10, 2024
WASHINGTON (Reuters) - Americans used just over 100 trillion megabytes of wireless data in 2023, up 36% over the prior year in the largest single-year increase in wireless data consumption, according to an industry survey released Tuesday. The increase -- 26 trillion MBs over 2022 -- comes as a growing number of 5G wireless devices are being used, said wireless...
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Canada Is Bracing for U.S. Reciprocal Trade Tariffs, Says TD
Canada Is Bracing for U.S. Reciprocal Trade Tariffs, Says TD
Mar 31, 2025
07:47 AM EDT, 03/31/2025 (MT Newswires) -- Wednesday is the day that the United States is expected to announce reciprocal tariffs on all its trading partners and it already loomed large over the Canadian economy, said TD. Many questions remained, such as the coverage of countries and goods, and the size of the tariff, noted the bank. Then the Trump...
APi Group Names David Jackola CFO
APi Group Names David Jackola CFO
Mar 31, 2025
07:56 AM EDT, 03/31/2025 (MT Newswires) -- APi Group ( APG ) said Monday it has named David Jackola its chief financial officer and executive vice president. Jackola has been APi Group's ( APG ) interim CFO since December, the company said. ...
IDEAYA's Eye Cancer Therapy Receives Breakthrough Therapy Designation From FDA
IDEAYA's Eye Cancer Therapy Receives Breakthrough Therapy Designation From FDA
Mar 31, 2025
07:51 AM EDT, 03/31/2025 (MT Newswires) -- IDEAYA Biosciences ( IDYA ) said Monday the US Food and Drug Administration granted breakthrough therapy designation to its experimental neoadjuvant treatment, darovarsetib, to treat adult patients with primary uveal melanoma. The company said the decision was supported by interim data from an ongoing phase 2 trial, which showed 82% ocular tumor shrinkage...
Market Chatter: Waterous Energy Banks Nearly US$1 Billion to Aggregate Small Canadian Oil Producers
Market Chatter: Waterous Energy Banks Nearly US$1 Billion to Aggregate Small Canadian Oil Producers
Mar 31, 2025
07:48 AM EDT, 03/31/2025 (MT Newswires) -- Waterous Energy Fund has raised nearly US$1 billion to invest in Canada's oil-and-gas sector, as the private-equity firm plans to repeat with another producer a consolidation strategy it followed with Strathcona Resources ( STHRF ) in its previous fund, The Wall Street Journal reported Monday. The WSJ said the Calgary, Alberta-based firm has...
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