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Aussie is best performing major currency after hot inflation data
Aussie is best performing major currency after hot inflation data
Jun 26, 2024
The Australian dollar rose in Asian trade on Wednesday against a basket of major rivals, hitting two-week highs against its US counterpart following hot inflation data. Australian consumer prices rose to their highest level this year, raising inflationary pressures on the central bank and wiping out hopes of rate cuts this year. The Price The AUD/USD pair rose 0.5% today...
Aussie CPI Surpasses Estimates, Fueling RBA Hike Odds – AUD Strengthens
Aussie CPI Surpasses Estimates, Fueling RBA Hike Odds – AUD Strengthens
Jun 26, 2024
Australian CPI, AUD Analysis Australian CPI rose more than expected in May, sending AUD higher on the possibility of another RBA hikeLarge speculators still need convincing when it comes to AUDAUD/USD rises, AUD/NZD extends the bullish reversal but overheating risks may soon appearThe analysis in this article makes use of chart patterns and key support and resistance levels. For more...
Canadian Inflation Catches Markets Off
Canadian Inflation Catches Markets Off
Jun 26, 2024
Canadian CPI, CAD Analysis Canadian CPI beats estimates, putting a July cut in jeopardyUSD/CAD lifts momentarily but markets are focused on US GDP, PCE dataCAD/CHF may see further joy after the SNB cut rates for the second successive timeThe analysis in this article makes use of chart patterns and key support and resistance levels. For more information visit our comprehensive...
USD/JPY Update: Why Markets Don’t Appear to be Buying the MoF Story
USD/JPY Update: Why Markets Don’t Appear to be Buying the MoF Story
Jun 26, 2024
USD/JPY, Yen Analysis FX intervention rhetoric shifts up a gearUSD/JPY completely disregards the fall in US-JPY bond spreads to trade higherMarkets appear to be calling the bluff of Japanese officials as each intervention level has been surpassed since 2022 interventionsThe analysis in this article makes use of chart patterns and key support and resistance levels. For more information visit our...
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Sector Update: Energy Stocks Rise Late Afternoon
Sector Update: Energy Stocks Rise Late Afternoon
May 4, 2026
04:03 PM EDT, 05/04/2026 (MT Newswires) -- Energy stocks were higher late Monday afternoon, with the NYSE Energy Sector Index increasing 0.6% and the State Street Energy Select Sector SPDR ETF (XLE) up 0.8%. The Philadelphia Oil Service Sector Index was decreasing 0.2%, and the Dow Jones US Utilities Index was shedding 0.4%. In sector news, oil prices jumped as...
US Equity Indexes Fall as Hormuz Chokepoint Attacks Cast Doubt Over Sustainability of Iran Ceasefire
US Equity Indexes Fall as Hormuz Chokepoint Attacks Cast Doubt Over Sustainability of Iran Ceasefire
May 4, 2026
03:51 PM EDT, 05/04/2026 (MT Newswires) -- US equity indexes fell ahead of Monday's close amid reports of fresh strikes in the Middle East, fueling concern that the Iran ceasefire is at risk of falling apart. The Nasdaq Composite fell 0.1% to 25,080.1, the S&P 500 slid 0.4% to 7,203.3, and the Dow Jones Industrial Average declined 1.1% to 48,966.7....
Sector Update: Tech Stocks Mixed Late Afternoon
Sector Update: Tech Stocks Mixed Late Afternoon
May 4, 2026
03:53 PM EDT, 05/04/2026 (MT Newswires) -- Tech stocks were mixed late Monday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) increasing 0.3% and the State Street SPDR S&P Semiconductor ETF (XSD) decreasing 0.1%. The Philadelphia Semiconductor index decreased 0.2%. In corporate news, Apple ( AAPL ) is planning to introduce a new feature for its next...
Sector Update: Health Care
Sector Update: Health Care
May 4, 2026
03:51 PM EDT, 05/04/2026 (MT Newswires) -- Health care stocks declined late Monday afternoon, with the NYSE Health Care Index decreasing 0.3% and the State Street Health Care Select Sector SPDR ETF (XLV) shedding 0.4%. The iShares Biotechnology ETF (IBB) rose 1.6%. In corporate news, Sanofi ( SNY ) said Monday it will invest 294 million Canadian dollars ($216 million)...
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Where Riot Platforms Stands With Analysts
Where Riot Platforms Stands With Analysts
Jan 22, 2025
Ratings for Riot Platforms ( RIOT ) were provided by 7 analysts in the past three months, showcasing a mix of bullish and bearish perspectives. The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective. Bullish...
Assessing Adtran Holdings: Insights From 6 Financial Analysts
Assessing Adtran Holdings: Insights From 6 Financial Analysts
Jan 22, 2025
In the last three months, 6 analysts have published ratings on Adtran Holdings ( ADTN ) , offering a diverse range of perspectives from bullish to bearish. In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months. Bullish Somewhat Bullish Indifferent Somewhat...
Where STMicroelectronics Stands With Analysts
Where STMicroelectronics Stands With Analysts
Jan 22, 2025
4 analysts have shared their evaluations of STMicroelectronics ( STM ) during the recent three months, expressing a mix of bullish and bearish perspectives. The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings...
Competitor Analysis: Evaluating NVIDIA And Competitors In Semiconductors & Semiconductor Equipment Industry
Competitor Analysis: Evaluating NVIDIA And Competitors In Semiconductors & Semiconductor Equipment Industry
Jan 22, 2025
In the dynamic and fiercely competitive business environment, conducting a thorough analysis of companies is crucial for investors and industry enthusiasts. In this article, we will perform an extensive industry comparison, evaluating NVIDIA ( NVDA ) in relation to its major competitors in the Semiconductors & Semiconductor Equipment industry. By closely examining crucial financial metrics, market position, and growth prospects,...
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What's Going On With Southwest Airlines Shares Tuesday?
What's Going On With Southwest Airlines Shares Tuesday?
Sep 11, 2024
Southwest Airlines ( LUV ) stock is moving lower on Tuesday. The company announced that its Board of Director’s Executive Chairman Gary Kelly, along with six other Board members, will resign. The Details: Kelly will resign following the 2025 Annual Meeting and the other six Board members will resign following the November Board meeting. The other departing Board members include...
International Business Machines to Acquire Accelalpha From Century Park Capital
International Business Machines to Acquire Accelalpha From Century Park Capital
Sep 11, 2024
01:49 PM EDT, 09/10/2024 (MT Newswires) -- International Business Machines ( IBM ) has agreed to acquire Century Park Capital Partners' portfolio company Accelalpha, the private equity firm said Tuesday. Accelalpha is a provider of Oracle Fusion Cloud Applications consulting, implementation and managed services. The firm said it expects to close the transaction in Q4. Financial terms were not disclosed....
Edgio (EGIO) Stock Is Down 34% Today: What's Going On?
Edgio (EGIO) Stock Is Down 34% Today: What's Going On?
Sep 11, 2024
Shares of Edgio Inc ( EGIO ) plunged an additional 34% to $0.80 on Tuesday, following the company’s announcement Monday that it had voluntarily filed for Chapter 11 bankruptcy in Delaware. Tuesday’s decline adds to Monday's 80% drop, after the company revealed its plans to facilitate a sale of its business while continuing operations under new ownership. What Happened: On...
What's Going On With AMD Stock Today?
What's Going On With AMD Stock Today?
Sep 11, 2024
Advanced Micro Devices, Inc. ( AMD ) shares are trading higher Tuesday. The company announced it will host its “Advancing AI 2024” event on in-person and via livestream Oct. 10, 2024.   The Details: AMD said the Advancing AI 2024 event will showcase the next-generation AMD Instinct accelerators and 5th Gen AMD EPYC server processors. The event will also showcase...
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Bitcoin Market is Deleveraging – Here’s What it Means for Investors
Bitcoin Market is Deleveraging – Here’s What it Means for Investors
Mar 18, 2025
The Bitcoin market has been down for two months, with selling pressure from investors keeping prices supressed. While this represents a bearish trend for the leading crypto network, there may be a silver lining after all. A tweet from the market intelligence platform CryptoQuant revealed that the Bitcoin market is deleveraging. Historically, such events have presented good and profitable opportunities...
Ripple Price Analysis: Where Is XRP Headed After a 20% Monthly Decline?
Ripple Price Analysis: Where Is XRP Headed After a 20% Monthly Decline?
Mar 18, 2025
Ripple has been trading within a tight range between the 100-day moving average and the crucial $1.9 support level. Further consolidation within this range is expected until a decisive breakout occurs, determining the next major price movement. XRP Analysis By Shayan The Daily Chart Over the past few months, XRP has remained inside an expanding wedge pattern, with the $1.9...
These Altcoins Suffer the Most as Bitcoin (BTC) Slides to $83K (Market Watch)
These Altcoins Suffer the Most as Bitcoin (BTC) Slides to $83K (Market Watch)
Mar 18, 2025
Bitcoins price movements continue in an underwhelming manner as the asset was stopped ahead of $85,000 yesterday and pushed south by about two grand. Several altcoins have produced notable losses over the past 24 hours, led by PIs price plunge. BTC Stopped at $85K The primary cryptocurrency went through a highly volatile start of the previous trading week, which is...
Is Dogecoin Poised for a Breakout? These Indicators Say Yes (Santiment)
Is Dogecoin Poised for a Breakout? These Indicators Say Yes (Santiment)
Mar 18, 2025
Dogecoin (DOGE), the world’s largest meme coin by market capitalization, is likely to rally when crypto market sentiment improves and the prices of digital assets stabilize, according to signals picked up by the on-chain analysis platform Santiment. Santiment said Dogecoin’s utility and rising smart money signal a potential turning point and a bullish outlook for the asset. Metrics Suggest Bullish...
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