News
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Cryptocurrencies
Bitcoin Targets Uncharted Territory After Breaking $90K–$94K Range With Ease – Details
Bitcoin is once again commanding the spotlight as it trades above critical levels and prepares to challenge its all-time highs. After months of aggressive selling pressure and pessimistic sentiment, the leading cryptocurrency has staged a powerful comeback. Now hovering around the $105,000 mark, Bit...Bitcoinist
Tue, May 13
Stocks
RPT-COLUMN-Fed tests limits of 'wait and see': McGeever
By Jamie McGeever ORLANDO, Florida, May 12 (Reuters) - A split is emerging between the Federal Reserve and other major central banks as they try to assess the economic impact of the rapidly shifting global trade war.The Fed has kept interest rates on hold in the face of rising inflation risk, whi...Reuters
Tue, May 13
Commodities
Oil prices ease off 2-week highs after US, China pause tariff war
By Stephanie Kelly May 13 (Reuters) - Oil prices eased on Tuesday from a two-week high reached during the previous session after the U.S. and China agreed to temporarily slash tariffs, sparking optimism that a trade war between the world's two biggest economies would come to an end.The U.S. a...Reuters
Tue, May 13
Stocks
Stocks, dollar surge as US and China agree 90-day tariff relief
NEW YORK/LONDON, May 12 (Reuters) - Global shares rallied, while gold and safe-haven currencies slumped against a resurgent dollar on Monday as the U.S. and China agreed to temporarily slash harsh reciprocal tariffs and cooperate to avoid rupturing the global economy.Reuters
Tue, May 13
Commodities
TECHNICALS-Commodities intraday targets/key levels
For more technical analyses, click SINGAPORE, May 13 (Reuters) - Contract Target Support/Resistance Brent oil $63.88res $65.69/$66.38Palm oil (3rd month)3,867/3,906/3,970 ringgitsup 3,765/3,738/3,702 ringgitWTI* $60.78res $62.65/$63.37Spot gold$3,206/$3,176/$3,135res $3,251/$3,286/$3,322LME ...Reuters
Tue, May 13
Commodities
US House looks to hike work requirements for food aid
WASHINGTON, May 12 (Reuters) - U.S. House lawmakers on Monday laid out a plan to increase work requirements for some recipients of Supplemental Nutrition Assistance Program food aid benefits, and to require states to share more of the cost of the program, according to the farm committee bill text.Reuters
Tue, May 13
Forex
NZD/USD gathers strength above 0.5850 as US and China agree to ease tariffs for 90 days
The NZD/USD pair trades in positive territory around 0.5865 during the Asian session on Tuesday. The New Zealand Dollar (NZD) strengthens against the Greenback after the US and China announced a trade deal, easing fears of a trade war between the world’s two largest economies.
Fxstreet
Tue, May 13
Other
Global stocks rally after US, China pause tariff war, but uncertainty remains
WASHINGTON, May 12 (Reuters) - Global stock markets surged on Monday after the U.S. and China agreed to slash steep tariffs for at least 90 days, tapping the brakes on a trade war between the world's two biggest economies that had fed fears of a global recession.Reuters
Tue, May 13
Stocks
Applied Optoelectronics Stock Soared on Monday
Investors see-sawed in their sentiment on Applied Optoelectronics (NASDAQ: AAOI) stock these past two trading days. The optical communications products specialist's shares were down 0.6% Friday, following the publication of its latest quarterly earnings report the day before, but soared 24% on Monda...The Motley Fool
Tue, May 13
Stocks
Archer Aviation Inc reports results for the quarter ended March 31 - Earnings Summary
Archer Aviation Inc ACHR.N reported a quarterly adjusted loss of 17 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -36 cents. The mean expectation of eight analysts for the quarter was for a loss of 26 cents per share. Wall...Reuters
Tue, May 13
Stocks
Power Integrations Inc reports results for the quarter ended March 31 - Earnings Summary
Power Integrations Inc POWI.OQ reported quarterly adjusted earnings of 31 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 18 cents. The mean expectation of five analysts for the quarter was for earnings of 28 cents per share...Reuters
Tue, May 13
Stocks
OncoCyte Corp reports results for the quarter ended March 31 - Earnings Summary
OncoCyte Corp OCX.OQ reported a quarterly adjusted loss of 26 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $-1.13. The mean expectation of four analysts for the quarter was for a loss of 24 cents per share. Wall Street ex...Reuters
Tue, May 13
Stocks
Waters Integrates Multi-Angle Light Scattering Detectors with Empower Software for Improved Biologics Quality Control and Simplified Regulatory Compliance
News Summary Saves up to six months on compliant software validation in biopharmaceutical quality control.1 Reduces analysis time for biotherapeutic peptides and proteins by 20%.2 Enhances quality control by providing absolute molecular weight of biologics and avoiding common errors e...PR Newswire
Tue, May 13
Other
BDx secures financing for data centre expansion in Hong Kong
SINGAPORE, May 13 (Reuters) - BDx Data Centers said on Tuesday that it has secured project financing from infrastructure credit firm Clifford Capital, Singapore's United Overseas Bank UOBH.SI and Japan's Sumitomo Mitsui Banking Corporation for the development of its first hyperscale data cen...Reuters
Tue, May 13
Other
Samsung launches slimmest smartphone as races against rival Apple
By Heekyong Yang SEOUL, May 13 (Reuters) - Samsung Electronics 005930.KS made public on Tuesday its slimmest flagship model to date, complete with enhanced artificial intelligence features, as it seeks to get ahead of rival Apple AAPL.O on the premium market.The S25 Edge launch is designed to app...Reuters
Tue, May 13
Other
US House Republicans seek to kill EV tax credit, loan program
By David Shepardson WASHINGTON, May 12 (Reuters) - Republicans in the U.S. House of Representatives on Monday proposed killing the electric vehicle tax credit and repealing fuel efficiency rules designed to prod automakers into building more zero-emission vehicles as part of a broad-based tax ref...Reuters
Mon, May 12
