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US dollar extends losses to five-week trough on US debt concerns
US dollar extends losses to five-week trough on US debt concerns
May 26, 2025
The US dollar fell in European trade on Monday against a basket of major rivals, hitting a five-week trough amid concerns about the US debt levels. Now investors await important remarks by several Fed officials as they look for more clues on the odds of multiple Fed rate cuts this year. The Index The dollar index fell 0.4% to 98.69,...
Euro hovers near four-week high after Lagarde's remarks
Euro hovers near four-week high after Lagarde's remarks
May 27, 2025
The euro rose in European trade on Tuesday on track for the third straight session against the US dollar, and about to hit a four-week high amid concerns about US financial stability. Recent bullish remarks by European Central Bank President Christine Lagarde provided more positive momentum for the euro, and underscored investor confidence in the EU. The Price The EUR/USD...
How does the Fed react to Trump's trade war?
How does the Fed react to Trump's trade war?
May 27, 2025
The Federal Reserve warned against increasing economic risks when it decided to hold interest rates unchanged in May. Fed Chair Jerome Powell focused on uncertainty for the worlds largest economy following Trumps aggressive tariff decisions during his post-Fed meeting speech this month. Now markets expect two interest rate cuts overall this year, with some even thinking that this is overly...
Yen rushes to four-week high on strong demand
Yen rushes to four-week high on strong demand
May 27, 2025
The Japanese yen rose in Asian trade on Tuesday against a basket of major rivals, resuming gains against the dollar after a short hiatus and hitting a four-week high on strong haven demand amid concerns about US debt levels. Gains are also bolstered by the increasing odds of a Japanese interest rate hike in June in response to mounting inflationary...
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Electronic Arts, Booz Allen Hamilton And 2 Other Stocks Insiders Are Selling
Electronic Arts, Booz Allen Hamilton And 2 Other Stocks Insiders Are Selling
Mar 19, 2024
The Nasdaq 100 closed higher by around 1% on Monday. Investors, meanwhile, focused on some notable insider trades. When insiders sell shares, it could be a preplanned sale, or could indicate their concern in the company's prospects or that they view the stock as being overpriced. Insider sales should not be taken as the only indicator for making an investment...
LivePerson And 2 Other Stocks Under $2 Insiders Are Buying
LivePerson And 2 Other Stocks Under $2 Insiders Are Buying
Mar 19, 2024
The Dow Jones index closed higher by around 75 points on Monday. When insiders purchase or sell shares, it indicates their confidence or concern around the company's prospects. Investors and traders interested in penny stocks can consider this a factor in their overall investment or trading decision. Below is a look at a few recent notable insider transactions for penny...
US STOCKS-Futures edge lower as focus turns to Fed meeting
US STOCKS-Futures edge lower as focus turns to Fed meeting
Mar 19, 2024
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Crypto-related stocks drop as bitcoin falls * Most chip stocks under pressure, Nvidia ( NVDA ) falls * Futures down: Dow 0.18%, S&P 0.27%, Nasdaq 0.34% (Updated at 7:00 a.m. ET/1100 GMT) By Bansari Mayur Kamdar and Shashwat Chauhan...
Oil Edges Up on Positive China Data, OPEC+ Cuts
Oil Edges Up on Positive China Data, OPEC+ Cuts
Mar 19, 2024
08:55 AM EDT, 03/19/2024 (MT Newswires) -- Oil prices edged up early on Tuesday, rising to fresh five-month highs on optimism over Chinese demand amid continuing OPEC+ supply cuts. West Texas Intermediate crude for April delivery was last seen up US$0.17 to US$82.89 per barrel, the highest since late October, while May Brent crude, the global benchmark, was up US$0.14...
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ChargePoint And Daimler Buses Team Up For EV Charging Solutions
ChargePoint And Daimler Buses Team Up For EV Charging Solutions
Aug 29, 2024
ChargePoint Holdings, Inc. ( CHPT ) partnered with Daimler Buses to integrate its telematics and charge management systems with Mercedes-Benz and Setra brand buses. ChargePoint’s systems optimize fleet operations with real-time data, enabling efficient EV scaling. The Daimler Buses partnership ensures fast onboarding and provides fleet managers with tools for monitoring, insights, and reporting through a single interface. Uwe Münch, Director...
IDC raises annual global smartphone shipments forecast on GenAI optimism
IDC raises annual global smartphone shipments forecast on GenAI optimism
Aug 29, 2024
(Reuters) - Research firm IDC raised its forecast for full-year global smartphone shipments on Tuesday, citing strong growth in the first half of the year as consumer electronics demand recovers and artificial intelligence features attract buyers. IDC expects shipments to grow 5.8% to 1.23 billion units in 2024, up from its previous forecast of 4% growth to 1.21 billion units....
The Latest Analyst Ratings For SiTime
The Latest Analyst Ratings For SiTime
Aug 29, 2024
4 analysts have expressed a variety of opinions on SiTime ( SITM ) over the past quarter, offering a diverse set of opinions from bullish to bearish. The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish...
India's Bharti Airtel announces content partnership with Apple
India's Bharti Airtel announces content partnership with Apple
Aug 29, 2024
Aug 27 (Reuters) - Bharti Airtel has partnered with Apple ( AAPL ) to bring exclusive offers for Apple Music and Apple TV+ to customers in India later this year, the telecom company said on Tuesday. Apple TV+ will be included on Airtel's video-streaming service Xstream with premium wifi and postpaid plans, and users of the company's music-streaming service, Wynk...
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International Petroleum Provides Stock Buyback Update
International Petroleum Provides Stock Buyback Update
Jun 28, 2024
11:47 AM EDT, 06/28/2024 (MT Newswires) -- International Petroleum ( IPCFF ) said Friday it bought back 109,280 shares between June 24 to 28, under its share repurchase program. Of the total, 80,000 shares were repurchased on the Toronto Stock Exchange, and the remainder on Nasdaq Stockholm. Price: 18.12, Change: +0.26, Percent Change: +1.46 ...
Apple Earnings, Revenue Growth Likely to Accelerate Amid AI Offering, Oppenheimer Says
Apple Earnings, Revenue Growth Likely to Accelerate Amid AI Offering, Oppenheimer Says
Jun 28, 2024
11:48 AM EDT, 06/28/2024 (MT Newswires) -- Apple's ( AAPL ) new artificial intelligence technology is likely to help accelerate earnings and revenue growth, Oppenheimer said Friday. At its Worldwide Developers Conference held earlier this month, the iPhone maker announced a partnership with Microsoft ( MSFT ) -backed OpenAI's generative AI chatbot ChatGPT and a number of AI features debuting...
MultiSensor AI Prices Public Offering, Agrees Private Offering -- Shares Plunge
MultiSensor AI Prices Public Offering, Agrees Private Offering -- Shares Plunge
Jun 28, 2024
11:50 AM EDT, 06/28/2024 (MT Newswires) -- MultiSensor AI ( MSAI ) said Friday it has priced a public offering of approximately 6.3 million shares of its common stock at $1.60 per share, expecting gross proceeds of about $10 million. The offering, expected to close Monday, includes a 45-day option for underwriters to purchase an additional 937,500 shares, potentially raising...
Actelis Networks Receives Initial Order to Provide Its Hybrid-Fiber Networking Services in Germany
Actelis Networks Receives Initial Order to Provide Its Hybrid-Fiber Networking Services in Germany
Jun 28, 2024
11:49 AM EDT, 06/28/2024 (MT Newswires) -- Actelis Networks ( ASNS ) said Friday it has received an initial order to provide its hybrid-fiber networking services to a municipal utilities company in a German city. The order was placed by the company's local partner in Germany to use Actelis' services for achieving gigabit speeds over existing infrastructure while offering protection...
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Former SEC Chair Gary Gensler Returns to MIT to Focus on AI and Finance
Former SEC Chair Gary Gensler Returns to MIT to Focus on AI and Finance
Jan 29, 2025
After four years of steering crypto regulations and financial market oversight, former U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler is returning to the Massachusetts Institute of Technology (MIT). According to a January 27 statement from the research university, his focus will now shift to artificial intelligence (AI), fintech, finance, and public policy. Gensler’s New Role “I am honored...
BTC Price Rises Above $105K After Fed Decision, LINK Up 7% Daily (Market Watch)
BTC Price Rises Above $105K After Fed Decision, LINK Up 7% Daily (Market Watch)
Jan 30, 2025
Bitcoins price experienced some expected volatility after yesterdays FOMC meeting but has headed north and now sits above $105,000. Most altcoins are in a similar position, with ETH increasing past $3,200 and SOL rising to $240. BTC Above $105K The primary cryptocurrency had a quiet weekend in which its price stood mostly in a tight range between $104,000 and $105,000....
5 Reasons to Be Bullish on Ethereum (ETH) Despite January Drop
5 Reasons to Be Bullish on Ethereum (ETH) Despite January Drop
Jan 29, 2025
“We are not bulled up enough about Ethereum,” said former UBS bond trader and Etherealize founder Vivek Raman on Jan. 29. It has been more than a week since Donald Trump’s inauguration, and the “entire Ethereum ecosystem has been reborn,” he added, referring to the recent leadership shakeup at the Ethereum Foundation. Ethereum now has “structural” and not cyclical tailwinds...
Unicorn Fart Dust Creator Breaks Silence After $6.6M Hack
Unicorn Fart Dust Creator Breaks Silence After $6.6M Hack
Jan 29, 2025
Ron Branstetter, creator of the viral meme coin Unicorn Fart Dust (UFD), announced that his Phantom wallet had been hacked, leading to the loss of $6.6 million worth of UFD tokens, Solana, and other crypto assets. Branstetter shared the news during an emergency livestream, expressing heartbreak while reassuring the community of his unwavering commitment to the project. The $6.6 Million...
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