Since the outbreak of the conflict in the Middle East about a month ago, analysts have focused primarily on energy market data. On March 2, Iran announced the closure of the Strait of Hormuz, a waterway responsible for transporting about one-fifth of global oil and gas supplies. Since then, oil prices have surged sharply. Prices jumped to more than $110...

The Canadian dollar rose slightly against its US counterpart on Monday, as recent pessimism over the outlook for the Middle East war eased, allowing it to recover part of its losses after hitting a two-month low earlier in the session. The Canadian currency, known as the loonie, was trading up 0.1% at 1.3715 per US dollar, or 72.91 US cents,...

The euro fell in European trading on Tuesday against a basket of global currencies, retreating from a two-week high against the US dollar amid corrective activity and profit-taking, as demand returned for the US currency as a preferred safe-haven asset, especially after the United States and Israel launched airstrikes on Iranian energy infrastructure. Targeting Iranian energy facilities has significantly complicated...

The Japanese yen fell in Asian trading on Tuesday against a basket of major and minor currencies, resuming its losses against the US dollar as demand returned for the US currency as a preferred safe-haven asset, especially after the United States and Israel launched airstrikes on Iranian energy infrastructure. Targeting Iranian energy facilities has significantly complicated the diplomatic landscape, as...

03:42 PM EDT, 03/21/2024 (MT Newswires) -- Health care stocks rose late Thursday afternoon with the NYSE Health Care Index adding 0.2% and the Health Care Select Sector SPDR Fund (XLV) rising 0.3%. The iShares Biotechnology ETF (IBB) climbed 0.9%. In corporate news, Eledon Pharmaceuticals ( ELDN ) shares surged 12% after it said its tegoprubart monoclonal antibody was used...

03:19 PM EDT, 03/21/2024 (MT Newswires) -- Financial stocks advanced late Thursday afternoon, with the NYSE Financial Index and the Financial Select Sector SPDR Fund (XLF) each rising 0.9%. The Philadelphia Housing Index climbed 1.8%, and the Real Estate Select Sector SPDR Fund (XLRE) was adding 0.4% Bitcoin (BTC-USD) dropped 4% to $65,176, and the yield for 10-year US Treasuries...

The CNN Money Fear and Greed index showed a slight increase in the overall market sentiment on Thursday. U.S. stocks closed higher on Thursday, extending gains recorded in the previous session. The Fed kept interest rates unchanged Wednesday between 5.25% and 5.5% at its March meeting, as widely expected by investors, confirming intentions to lower the cost of money in the...

With U.S. stock futures trading higher this morning on Friday, some of the stocks that may grab investor focus today are as follows: FedEx Corporation ( FDX ) reported better-than-expected earnings for its third quarter and authorized a new $5 billion share repurchase program. FedEx ( FDX ) shares jumped 12.9% to $299.07 in the after-hours trading session. Worthington Steel,...

Gold Price Analysis Expected Scenario Gold price fluctuates within tight track since morning, and as long as the price is below 2340.10$, our bearish overview will remain valid for today, supported by the negative pressure formed by the EMA50, reminding you that our targets begin by testing 38.2% Fibonacci correction level at 2272.06$. Expected Trading Range Between 2290.00$ support and...

WASHINGTON, June 13 (Reuters) - Microsoft ( MSFT ) President Brad Smith will testify before a House of Representatives panel on homeland security on Thursday, fielding questions about the company's security practices after Russian and Chinese hackers breached its systems over the past year. China-linked hackers stole 60,000 U.S. State Department emails last year by breaking into the tech giant's...

Brent Oil Price Analysis Expected Scenario Brent oil price faces clear negative pressure to break 82.40$ level and attempt to hold above it, to hint potential turn to decline, which urges caution from the upcoming trading, as confirming the break will push the price to suffer additional losses that reach 81.20$ followed by 80.08$ levels. The price needs to trade...

WASHINGTON (Reuters) - The United States on Wednesday dramatically broadened sanctions on Russia, including by targeting China-based companies selling semiconductors to Moscow, as part of an effort to undercut the Russian military machine waging war on Ukraine. Among the steps, the U.S. Treasury said it was raising the risk of secondary sanctions for foreign financial institutions that deal with Russia's...

How Khan’s Pakistan Tehreek-i-Insaf (PTI) party used the database and the associated app represents a sea change in the antiquated way in which Pakistan’s biggest parties conduct elections, from pre-poll targeting of voters to on-the-day mobilization of supporters.

David Kirkpatrick, the author a Facebook history, argues that neither Zuckerberg nor Sandberg have ever shown themselves to be "deeply alarmed in public."

Ahead of the general elections in 2019, social media giant Twitter is planning to host public interviews of political leader,...

There is a huge political controversy going on with the Congress calling it a mega scam.

03:15 AM EDT, 06/24/2025 (MT Newswires) -- Hunter R. Murdock, General Counsel, on June 20, 2025, sold 13,514 shares in Axsome Therapeutics ( AXSM ) for $1,370,647. SEC Filing: https://www.sec.gov/Archives/edgar/data/1579428/000095017025089158/xslF345X05/ownership.xml ...

03:16 AM EDT, 06/24/2025 (MT Newswires) -- John R. Furner, Executive Vice President, on June 20, 2025, sold 13,125 shares in Walmart ( WMT ) for $1,257,980. Following the Form 4 filing with the SEC, Furner has control over a total of 951,018 common shares of the company, with 945,434 shares held directly and 5,584 controlled indirectly. SEC Filing: https://www.sec.gov/Archives/edgar/data/104169/000112760225017940/xslF345X05/form4.xml...

03:18 AM EDT, 06/24/2025 (MT Newswires) -- Jen Hsun Huang, Director, President and Chief Executive Officer, on June 18, 2025, sold 100,000 shares in Nvidia ( NVDA ) for $14,403,585. Following the Form 4 filing with the SEC, Huang has control over a total of 859,048,625 common shares of the company, with 75,673,225 shares held directly and 783,375,400 controlled indirectly....

03:19 AM EDT, 06/24/2025 (MT Newswires) -- Steven Conine, 10% Owner, Director, Co-Founder, on June 20, 2025, sold 30,000 shares in Wayfair ( W ) for $1,482,885. Following the Form 4 filing with the SEC, Conine has control over a total of 461,930 Class A common shares of the company, with 439,073 shares held directly and 22,857 controlled indirectly. SEC...

Most cryptocurrencies fell on Tuesday amid mounting geopolitical tensions in the Middle East, and with increasing odds of a US military intervention against Iran.   Recent data showed US ...

Bitcoin lost modest ground on Wednesday but still traded near $105,000 following a 2% drop yesterday.   It comes as traders await the Federal Reserve’s policy decisions later today, ...

• The leading cryptocurrency hits a 6-week low • Bitcoin targets $97,000 per coin Bitcoin prices declined during Sunday trading, deepening losses for the fourth consecutive day, as it lost ...

A Bloomberg report has revealed that former Blackstone Inc. executive Chinh Chu and Reeve Collins, co-founder of stablecoin giant Tether, are teaming up to raise $1 billion for a listed crypto vehicle that aims to build a portfolio of digital assets. The capital is being raised through M3 Brigade Acquisition V Corp, a Special Purpose Acquisition Company (SPAC) backed by...