Escalating Geopolitical Tensions in the Middle East Markets Await Key Sector Data from Europe The euro declined in the European market on Monday at the start of the weeks trading against a basket of global currencies, resuming losses that had paused for two days against the U.S. dollar. This is due to investors risk aversion and focus on the dollar...

The Dollar is the Best Safe-Haven Investment Amid Global Geopolitical Tensions Doubts Surround Japans Interest Rate Hike in July The Japanese yen declined in the Asian market on Monday against a basket of major and minor currencies, deepening its losses for the third consecutive day against the U.S. dollar and recording its lowest level in six weeks. Expectations point to...

The U.S. dollar rose on Monday as worried investors sought safe-haven assets, although limited moves suggest markets are still awaiting Iran's response to U.S. strikes on its nuclear sites, which have heightened Middle East tensions. Tehran: U.S. strikes expand list of legitimate targets Iran said Monday that the American strikes on its nuclear sites had expanded the list of legitimate...

The yen gained ground in Asian trade on Tuesday on track for the first profit in four days against the dollar and moving away from recent six-week lows. The dollar is expanding its losses in the forex market as the risk appetite rebounded after US President Donald Trumps announcement of a ceasefire between Israel and Iran. The cautious Bank of...

With U.S. stock futures trading higher this morning on Wednesday, some of the stocks that may grab investor focus today are as follows: Wall Street expects Abbott Laboratories ( ABT ) to report quarterly earnings at 95 cents per share on revenue of $9.88 billion before the opening bell, according to data from Benzinga Pro. Abbott shares gained 1% to...

03:35 PM EDT, 04/16/2024 (MT Newswires) -- Technology stocks were higher late Tuesday afternoon, with the Technology Select Sector SPDR Fund (XLK) rising 0.4% and the SPDR S&P Semiconductor ETF (XSD) adding 0.5%. The Philadelphia Semiconductor Index climbed 1.2%. In corporate news, Intel ( INTC ) is set to launch two lower-power models of its Gaudi 3 AI accelerator for...

05:21 PM EDT, 04/16/2024 (MT Newswires) -- Tuesday's 2024 budget changes on capital gains will create many winners and losers among Canada's entrepreneurs, according to the Canadian Federation of Independent Business (CFIB). Among highlights, CFIB noted important budget progress in unlocking $2.5 billion in carbon tax rebates for small and medium businesses. 1. Capital Gains Changes a Mixed Bag for...

The CNN Money Fear and Greed index showed a decline in the overall market sentiment, with the index remaining in the Fear zone on Tuesday. U.S. stocks closed mixed on Tuesday amid increased geopolitical concerns. The Dow Jones index, meanwhile, snapped its six-session losing streak. On the economic data front, industrial production in the U.S. increased by 0.4% from the...

According to a press release, clusters economically viable for drone use will be identified, with 15,000 women SHGs in selected states receiving Central Financial Assistance covering 80% of drone costs, up to ₹8 lakh.

Over two decades, Google said that it has employed machine learning and AI to enhance products, focusing on language translations, flood forecasts, and agricultural productivity in India.

TikTok, owned by China's ByteDance, has 125 million active monthly users in Indonesia, a country of more than 270 million people. It has been looking to translate the large user base into a major e-commerce revenue source.

The initiative, conducted in collaboration with IIT Bombay and the Department of Consumer Affairs (DoCA), aims to assess the application of large language models (LLM) in enhancing the efficiency of India's consumer grievance redressal system.

As part of the Yatra, more than 2,500 mobile performing vans and over 200 mobile theatre vans will be pressed into service to cover the 2.55 lakh gram panchayats and clusters in all cities and towns of the country.

The cases were lodged against Union Minister of State Rajeev Chandrasekhar over his controversial social media posts following the blasts at a convention centre in Kochi during a prayer meeting of Christian religious group Jehovah's Witnesses.

The Karnataka Assembly election results threw up an unexpected suspense on Tuesday, as a simple majority tantalisingly eluded BJP and...

The Madhya Pradesh Assembly election exit poll results will be streamed live on all News18 network channels, including CNBCTV18, after 6.30PM on Thursday, November 30.

07:07 AM EST, 01/30/2025 (MT Newswires) -- Cardinal Health ( CAH ) reported fiscal Q2 adjusted earnings Thursday of $1.93 per diluted share, up from $1.89 a year earlier. Analysts polled by FactSet expected $1.77. Revenue for the quarter ended Dec. 31 was $55.26 billion, down from $57.44 billion a year earlier. Analysts surveyed by FactSet expected $55.02 billion. The...

07:07 AM EST, 01/30/2025 (MT Newswires) -- NexGen Energy ( NXE ) on Thursday said it has commenced a 43,000-meter drill program to test the extents and growth of mineralization at Patterson Corridor East in the Arrow Deposit of Saskatchewan. The initial results at PCE revealed vein-type uranium mineralization intersected within the competent basement rock, the company said. Drilling in...

07:09 AM EST, 01/30/2025 (MT Newswires) -- CSW Industrials ( CSWI ) reported fiscal Q3 adjusted earnings Thursday of $1.48 per diluted share, up from $1.07 a year earlier. Three analysts surveyed by FactSet expected $1.39. Revenue for the quarter ended Dec. 31 was $193.7 million, up from $175 million a year earlier. Five analysts surveyed by FactSet expected $192.1...

07:08 AM EST, 01/30/2025 (MT Newswires) -- Quest Diagnostics ( DGX ) reported Q4 adjusted earnings Thursday of $2.23, per diluted share, up from $2.15 a year earlier. Analysts polled by FactSet expected $2.19. Net revenue for the quarter ended Dec. 31 was $2.62 billion, compared with $2.29 billion a year earlier. Analysts surveyed by FactSet expected $2.58 billion. For...

Ethereum has been in a period of consolidation, showing strength above the psychological $4K level while continuing to hold a bullish structure. Despite a lack of aggressive upside moves, the asset action remains constructive, and sentiment appears to be shifting in favor of buyers again. Technical Analysis By Shayan The Daily Chart On the daily chart, Ethereum is still moving...

Contrary to broader expectations that cryptocurrencies would rally in the event of a rate cut by the Federal Reserve, the market has witnessed almost no reaction since the Federal Open Market Committee (FOMC) meeting ended. Analysts at the market research firm Santiment already predicted that a rate cut larger than 25 basis points (bps) could trigger a big breakout. On...

The FTX Recovery Trust, the organization tasked with repaying former customers and creditors of the defunct exchange, has announced a third distribution of nearly $1.6 billion. According to a press release on Friday, the distribution will begin on September 30. Funds will be transferred to creditors accounts via BitGo, Kraken, or Payoneer within three business days. Retail Customers First The...

Prominent investment firm, Pantera Capital, said that Solana is approaching a major inflection point in its adoption across consumers, fintechs, and institutions. Pantera Capital highlighted SOLs under-allocation by institutions and predicted that ETF approval would ignite a significant wave of demand. Pantera Bets on Solana In a series of tweets on X, Pantera Capital explained that, unlike Bitcoin and Ethereum,...