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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...
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...
US dollar heads for fresh weekly profit
US dollar heads for fresh weekly profit
Oct 26, 2024
The US dollar rose in European trade on Friday against a basket of major rivals, resuming gains after a short hiatus, and approaching three-month highs once more. The gains come amid a surge in US 10-year treasury yields after bullish remarks from some Fed officials, and strong US data, which hurt the odds of an aggressive pace for US interest...
Yen skids to three-month low as the gap in treasury yields widens
Yen skids to three-month low as the gap in treasury yields widens
Oct 26, 2024
The yen fell in European trade on Wednesday against a basket of major rivals, sharpening the losses for the third straight session against the US dollar and hitting three-month lows amid concerns about a wider US-Japan gap in government treasury yields. Recent bearish remarks from Japanese officials hurt the odds of a third BOJ interest rate hike this year, while...
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Sector Update: Tech
Sector Update: Tech
Jun 23, 2026
01:04 PM EDT, 06/23/2026 (MT Newswires) -- Tech stocks were sharply lower Tuesday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) falling 3.3% and the State Street SPDR S&P Semiconductor ETF (XSD) dropping 5.9%. The Philadelphia Semiconductor index slumped 7.2%. In corporate news, Alphabet's Google (GOOGL) is supporting a new 12-week incubator for AI startups founded by...
Sector Update: Energy
Sector Update: Energy
Jun 23, 2026
01:26 PM EDT, 06/23/2026 (MT Newswires) -- Energy stocks were higher Tuesday afternoon, with the NYSE Energy Sector Index increasing 0.3% and the State Street Energy Select Sector SPDR ETF (XLE) adding 0.9%. The Philadelphia Oil Service Sector Index was rising 0.5%, and the Dow Jones US Utilities Index was up 0.7%. Front-month West Texas Intermediate crude oil decreased 0.8%...
Exchange-Traded Funds Decline, US Equities Mixed After Midday
Exchange-Traded Funds Decline, US Equities Mixed After Midday
Jun 23, 2026
01:18 PM EDT, 06/23/2026 (MT Newswires) -- Broad Market Indicators Broad-market exchange-traded funds IWM and IVV edged lower. Actively traded Invesco QQQ Trust (QQQ) shed 2.7%. US equity indexes traded mixed as a rout in heavyweight semiconductor names hit the Nasdaq Composite and the S&P 500 in Tuesday's midday trading. Energy IShares US Energy ETF and the State Street Energy...
Sector Update: Financial
Sector Update: Financial
Jun 23, 2026
01:13 PM EDT, 06/23/2026 (MT Newswires) -- Financial stocks were advancing in Tuesday afternoon trading, with the NYSE Financial Index increasing 0.2% and the State Street Financial Select Sector SPDR ETF (XLF) ahead 0.4%. The Philadelphia Housing Index added 0.4%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) climbed up 1.5%. Bitcoin (BTC-USD) was falling 2.5% to...
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ZTE Releases Sustainability Report 2025: Driving a New Chapter in Sustainable Development Through AI
ZTE Releases Sustainability Report 2025: Driving a New Chapter in Sustainable Development Through AI
May 21, 2026
SHENZHEN, China, May 21, 2026 /PRNewswire/ -- ZTE Corporation ( ZTCOF ) (0763.HK / 000063.SZ), a global leading provider of information and communication technology solutions, recently released its Sustainability Report 2025, highlighting the company's latest achievements in deepening ESG practices. This marks the 18th consecutive year that ZTE ( ZTCOF ) has voluntarily disclosed its annual sustainability performance to the...
Persistent and IIM Ahmedabad Introduce 'AI Value Compass' to Bring Discipline and Measurable Outcomes to Enterprise AI Investments
Persistent and IIM Ahmedabad Introduce 'AI Value Compass' to Bring Discipline and Measurable Outcomes to Enterprise AI Investments
May 21, 2026
Joint research introduces a strategic framework to prioritize, govern, measure and scale enterprise AI investments SANTA CLARA, Calif. and PUNE, India, May 21, 2026 /PRNewswire/ -- Persistent Systems (BSE: 533179) (NSE: PERSISTENT), a global Digital Engineering and Enterprise Modernization leader, announced a research collaboration with the Indian Institute of Management Ahmedabad (IIM Ahmedabad) to introduce the 'AI Value Compass', a study that...
Toast Supports the International Chamber of Commerce UK Trade & Export Initiative for Hospitality Brands Expanding Internationally
Toast Supports the International Chamber of Commerce UK Trade & Export Initiative for Hospitality Brands Expanding Internationally
May 21, 2026
LONDON--(BUSINESS WIRE)-- Toast , the global technology platform built for restaurant and retail businesses, today announced its participation as a proud sponsor of the International Chamber of Commerce (ICC) UK Trade & Export initiative. As the world’s largest business organisation and the only one with United Nations observer status, the ICC represents 45 million companies globally. Through this initiative, Toast...
US, Philippines to reach deal on economic security zone 'sooner rather than later', US official says
US, Philippines to reach deal on economic security zone 'sooner rather than later', US official says
May 21, 2026
SINGAPORE, May 21 (Reuters) - The United States is expected to reach a deal on the long-term framework for an economic security zone with the Philippines sooner rather than later, a senior U.S. official said on Thursday. As Washington aggressively expands its technology supply chain alliance known as Pax Silica, the official, Jacob Helberg, said both countries have a two-year...
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Exclusive-Amazon CEO sees AI doubling prior AWS sales projections to $600 billion by 2036
Exclusive-Amazon CEO sees AI doubling prior AWS sales projections to $600 billion by 2036
Mar 17, 2026
SAN FRANCISCO, March 17 (Reuters) - AmazonO> CEO Andy Jassy said during an internal all-hands meeting he expects artificial intelligence could help cloud computing unit Amazon Web Services achieve $600 billion in annual sales, double his own prior estimate. I've been thinking for the last number of years that AWS, call it 10 years from now, could be about a...
--Street Color: Unilever Said to Explore Separation of Food Assets, Bloomberg Reports
--Street Color: Unilever Said to Explore Separation of Food Assets, Bloomberg Reports
Mar 17, 2026
02:50 PM EDT, 03/17/2026 (MT Newswires) -- Price: 65.48, Change: +0.04, Percent Change: +0.07 ...
Nvidia sales opportunity for Blackwell, Rubin chips more than $1 trillion by 2027
Nvidia sales opportunity for Blackwell, Rubin chips more than $1 trillion by 2027
Mar 17, 2026
SAN JOSE, California, March 17 (Reuters) - Nvidia ( NVDA ) CEO Jensen Huang said on Tuesday at a press conference that the revenue opportunity for the company's Blackwell and Rubin artificial intelligence chips is likely to be larger than $1 trillion by the end of 2027. The estimate does not include the company's networking chips and the new processors...
Longeveron Braces For Q4 Results Following Recent Funding Boost
Longeveron Braces For Q4 Results Following Recent Funding Boost
Mar 17, 2026
Longeveron Inc ( LGVN ) shares are trading higher Tuesday afternoon as investors pivot their focus toward the company's fourth-quarter earnings report, scheduled for release after the closing bell. Here’s what investors need to know. Longeveron ( LGVN ) shares are powering higher. Why is LGVN stock up today? Longeveron ( LGVN ) Q4 Earnings Preview Tuesday’s move higher precedes...
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