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Euro rebounds ahead of major eurozone data
Euro rebounds ahead of major eurozone data
Oct 27, 2024
The euro rose in European trade on Thursday against a basket of major rivals after a wave of losses across three sessions, with the euro eventually settling above 3-⅕ month lows against the US dollar. It comes ahead of major data on the eurozone sectors later today, which would shed important light on the health of the European economy in...
Aussie skids to 2-1/5 month low as inflation cools
Aussie skids to 2-1/5 month low as inflation cools
Oct 30, 2024
The Australian dollar tumbled in Asian trade on Wednesday to 2-⅕ month lows against the US dollar, sharpening the decline for the fourth straight session after inflation in Australia cooled to three-year lows, reducing the pressure on the Reserve Bank of Australia. The new data boosted the odds of an interest rate cut by the RBA in December, as investors...
Yen skids to three-month trough as Japanese governing coalition loses majority
Yen skids to three-month trough as Japanese governing coalition loses majority
Oct 28, 2024
The Japanese yen skidded in Asian trade on Monday to three-month lows against the US dollar, after the election loss by the current Japanese parliamentary governing coalition, which could impede future interest rate hikes by the Bank of Japan. The yen is also pressured by a surge in US 10-year treasury yields, amid speculation about a cautious stance by the...
Euro hits one-week high ahead of German inflation data
Euro hits one-week high ahead of German inflation data
Oct 30, 2024
Euro rose in European trade on Wednesday on track for the third profit in a row against the US dollar, hitting a week high after data showed Spanish inflation rose past estimates in October, renewing the pressure on the European Central Bank. The odds of a 0.25% ECB interest rate cut in December dipped, with investors now waiting for official...
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BP Stock Drops As Crude Oil Prices Fall Ahead Of Q3 Earnings Report
BP Stock Drops As Crude Oil Prices Fall Ahead Of Q3 Earnings Report
Nov 3, 2024
BP plc ( BP ) shares fell 1.70% to $30.99 Monday as crude oil prices tumbled over 6%. The slump in oil prices, triggered by news of targeted Israeli airstrikes in Iran, weighed on BP's stock ahead of its third-quarter earnings report scheduled for Tuesday. The company, a major player in global energy markets with diverse operations in oil, gas,...
Sector Update: Tech
Sector Update: Tech
Nov 3, 2024
01:36 PM EDT, 10/28/2024 (MT Newswires) -- Tech stocks were higher Monday afternoon, with the Technology Select Sector SPDR Fund (XLK) up 0.2% and the SPDR S&P Semiconductor ETF (XSD) climbing 1.3%. The Philadelphia Semiconductor index rose 0.3%. In corporate news, Apple ( AAPL ) said Monday it launched a new iMac featuring the M4 chip and the Apple Intelligence...
Exchange-Traded Funds, US Equities Rise After Midday Trading
Exchange-Traded Funds, US Equities Rise After Midday Trading
Nov 3, 2024
01:26 PM EDT, 10/28/2024 (MT Newswires) -- Broad-market exchange-traded funds IWM and IVV were higher and the actively traded Invesco QQQ Trust (QQQ) rose 0.2%. US equity indexes rose after midday Monday amid gains in most government bond yields as investors focused on quarterly earnings from index heavyweights. Energy iShares US Energy ETF (IYE) lost 0.6% and Energy Select Sector...
Sector Update: Energy
Sector Update: Energy
Nov 3, 2024
01:40 PM EDT, 10/28/2024 (MT Newswires) -- Energy stocks were lower Monday afternoon, with the NYSE Energy Sector Index decreasing 0.8% and the Energy Select Sector SPDR Fund (XLE) down 0.7%. The Philadelphia Oil Service Sector index was posting a 1.2% decline, while the Dow Jones US Utilities index was rising 1%. Israel's retaliatory strike on Iran neither targeted the...
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ServiceNow's Options Frenzy: What You Need to Know
ServiceNow's Options Frenzy: What You Need to Know
Feb 4, 2025
High-rolling investors have positioned themselves bearish on ServiceNow ( NOW ) , and it's important for retail traders to take note. This activity came to our attention today through Benzinga's tracking of publicly available options data. The identities of these investors are uncertain, but such a significant move in NOW often signals that someone has privileged information. Today, Benzinga's options...
Performance Comparison: Microsoft And Competitors In Software Industry
Performance Comparison: Microsoft And Competitors In Software Industry
Feb 4, 2025
In today's rapidly changing and fiercely competitive business landscape, it is essential for investors and industry enthusiasts to thoroughly analyze companies. In this article, we will conduct a comprehensive industry comparison, evaluating Microsoft ( MSFT ) against its key competitors in the Software industry. By examining key financial metrics, market position, and growth prospects, we aim to provide valuable insights...
Analyzing Apple In Comparison To Competitors In Technology Hardware, Storage & Peripherals Industry
Analyzing Apple In Comparison To Competitors In Technology Hardware, Storage & Peripherals Industry
Feb 4, 2025
In today's rapidly changing and fiercely competitive business landscape, it is vital for investors and industry enthusiasts to carefully evaluate companies. In this article, we will perform a comprehensive industry comparison, evaluating Apple ( AAPL ) against its key competitors in the Technology Hardware, Storage & Peripherals industry. By analyzing important financial metrics, market position, and growth prospects, we aim...
Behind the Scenes of Dell Technologies's Latest Options Trends
Behind the Scenes of Dell Technologies's Latest Options Trends
Feb 4, 2025
Investors with a lot of money to spend have taken a bearish stance on Dell Technologies ( DELL ) . 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...
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Nvidia CEO Huang says chipmaker will continue to sponsor H-1B visas, Business Insider reports
Nvidia CEO Huang says chipmaker will continue to sponsor H-1B visas, Business Insider reports
Oct 7, 2025
Oct 7 (Reuters) - Chipmaker Nvidia's CEO Jensen Huang has said that the company will continue to sponsor H-1B visas and cover all associated costs following U.S. President Donald Trump's executive order last month that imposed a $100,000 fee on each new application, Business Insider reported on Tuesday. ...
Commonwealth LNG wants more time to build planned export facility in Louisiana
Commonwealth LNG wants more time to build planned export facility in Louisiana
Oct 7, 2025
HOUSTON (Reuters) -Commonwealth LNG has asked federal regulators for a four-year extension to construct and begin exporting liquefied natural gas from a proposed export facility in Cameron Parish, Louisiana, a regulatory document shows. In a letter to the Federal Energy Regulatory Commission, Commonwealth said the extension was needed due to an approval pause implemented by former U.S. President Joe Biden...
US power use to reach record highs in 2025 and 2026, EIA says
US power use to reach record highs in 2025 and 2026, EIA says
Oct 7, 2025
(Reuters) -U.S. power consumption will hit record highs in 2025 and 2026, the Energy Information Administration said in its short-term energy outlook on Tuesday. The EIA projected power demand will rise to 4,191 billion kilowatt-hours in 2025 and 4,305 billion kWh in 2026, up from a record 4,097 billion kWh in 2024. Those demand increases come in part from data...
Nvidia to continue sponsoring H-1B visas, Business Insider reports
Nvidia to continue sponsoring H-1B visas, Business Insider reports
Oct 7, 2025
(Reuters) -Chipmaker Nvidia's CEO Jensen Huang said that the company will continue to sponsor H-1B visas and cover all associated costs following U.S. President Donald Trump's executive order last month that imposed a $100,000 fee on each new application, Business Insider reported on Tuesday. As one of many immigrants at Nvidia ( NVDA ), I know that the opportunities we've...
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680,000,000 DOGE Offloaded in 4 Days: What Are Whales Signaling?
680,000,000 DOGE Offloaded in 4 Days: What Are Whales Signaling?
Sep 17, 2025
TL;DR Whales offloaded 680M DOGE, raising questions about short-term price direction and profit-taking. DOGE’s RSI sits at a key support level, which may offer price stability or a bounce. CleanCore boosts holdings to 600M DOGE, aiming for 1B amid rising institutional interest. Large Holders Reduce Positions In the last four days, wallets holding between 100 million and 1 billion Dogecoin...
2 Worrying Signs for Bitcoin (BTC) Despite the Expected Rate Cuts
2 Worrying Signs for Bitcoin (BTC) Despite the Expected Rate Cuts
Sep 17, 2025
TL;DR Experts warn of a possible “sell-the-news” drop after the Fed’s projected rate cut, with scenarios pointing to a dip below $100K. At the same time, BTC exchange reserves hit an eight-year low, and the assets MVRV ratio stays in a healthy range, suggesting limited immediate selling pressure and more room for growth before hitting cycle tops. Bulls, Hold the...
Ripple (XRP) Price Predictions for This Week
Ripple (XRP) Price Predictions for This Week
Sep 17, 2025
XRP is consolidating above $3 as buyers take a pause. Whats next for Ripples token? Ripple (XRP) Price Predictions: Analysis Key Support levels: $3 Key Resistance levels: $3.2, $3.6, $4 1. XRP Reclaims $3 In the past week, buyers managed to take XRP above $3 and consolidate the recent gains. This is excellent news, especially because sellers tried to push...
Market Watch: BNB Hits New ATH, BTC Eyes $117K Before FOMC
Market Watch: BNB Hits New ATH, BTC Eyes $117K Before FOMC
Sep 17, 2025
With just hours left until the highly anticipated FOMC meeting scheduled for later today, bitcoins price jumped to a new multi-week peak of just over $117,200. Most altcoins have failed to produce any big moves over the past day, while BNB charted a new all-time high, and HYPE has neared its own. BTC Stopped at $117K The primary cryptocurrency has...
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