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Indian broadcaster Zee's quarterly revenue falls on advertising woes
July 22 (Reuters) - India's Zee Entertainment Enterprises ZEE.NS reported a 14% drop in first-quarter revenue on Tuesday, as the broadcaster was hurt by weak spending by companies on advertisements.Zee, which runs channels like ZeeTV and ZeeCinema, reported consolidated total income of 18.5 bill...Reuters
Tue, Jul 22
Cryptocurrencies
XRP Is Mirroring Its 2020 Price Action, Is A Move To $10 In Sight? Smart Money Is Accumulating This New PayFi Rival
The value of XRP has hit $3.53, rising 1.16% in the past 24 hours. The recent trend of prices is eerily similar to XRP’s 2020 run-up, and many are now wondering: is $10 back on the horizon? In the meantime, early adopters appear to be quietly building a serious new player called Remittix (RTX) in […]Cryptopolitan
Tue, Jul 22
Cryptocurrencies
Bitcoin Price Forecast: BTC consolidates as technical indicators show signs of potential correction
Bitcoin (BTC) is trading above $118,000 at the time of writing on Tuesday, slightly up on the day but consolidating within a tight range after reaching a new all-time high of $123,218 in the previous week.
Fxstreet
Tue, Jul 22
Stocks
Medpace rises after lifting 2025 revenue forecast
** Shares of contract research organization Medpace MEDP.O rise 42.5% to $440 premarket ** Co late on Monday, forecasted 2025 revenue in the range of $2.42 billion to $2.52 billion compared to previous expectation of $2.14 billion to $2.24 billion ** Analysts were expecting 2025 sales to be $2.19 bi...Reuters
Tue, Jul 22
Stocks
Windfall for multinational US firms as dollar takes a dive
Netflix, Pepsi raised FY guidance, citing weaker dollarBlackRock saw positive impact of softer dollar on AUMInvestors cautious about FX-driven earnings beatsBy Shashwat Chauhan July 22 (Reuters) - A slump in the dollar has come to the rescue of some major multinational U.S. companies this earning...Reuters
Tue, Jul 22
Stocks
Oilfield services firm Halliburton's quarterly profit falls in second quarter
July 22 (Reuters) - Oilfield services firm Halliburton HAL.N reported a fall in profit for the second quarter on Tuesday, hurt by weak North America demand.The company reported a profit of $472 million, or 55 cents per share, for the quarter ended June 30, compared with $709 million, or 80 cents per...Reuters
Tue, Jul 22
Other
Euro zone bond prices cling to previous day's gains
LONDON, July 22 (Reuters) - Euro zone bond prices were on Tuesday holding onto gains from the day before, when a rally, exacerbated by thin liquidity, sent German 10-year yields down by their most in four months. Germany's 10-year yield, the euro zone benchmark, was last flat at 2.61% after drop...Reuters
Tue, Jul 22
Other
CNX Resources Corp expected to post earnings of 44 cents a share - Earnings Preview
CNX Resources Corp CNX.N, CNX is expected to show a rise in quarterly revenue when it reports results on July 24 for the period ending June 30 2025The Canonsburg Pennsylvania-based company is expected to report a 45.2% increase in revenue to $466.749 million from $321.44 million a year ago, accor...Reuters
Tue, Jul 22
Other
Northrop Grumman raises 2025 profit forecast on strong demand for weapons
By Utkarsh Shetti and Mike Stone July 22 (Reuters) - Northrop Grumman NOC.N raised its annual profit forecast on Tuesday, betting on sustained demand for its military aircraft and defense systems as geopolitical tensions simmer.A protracted Russia-Ukraine war and conflict in the Middle East have ...Reuters
Tue, Jul 22
Other
Canada's Goodfood Q3 sales drop, but gross margin holds
OverviewGoodfood Q3 revenue drops 20% to C$31 mlnCo, gross margin inch up to 44.3% from 44%, despite lower net salesHeat & Eat meals and Genuine Tea acquisition drive growthOutlookGoodfoodready for scaling phase for Heat & Eat meals in early fiscal 2026Company aims to maintain positive cash ...Reuters
Tue, Jul 22
Stocks
After Falling on Earnings, Should You Buy the Dip in ASML Stock?
Key PointsASML has struggled over the past year due to export restrictions on China and order delays.The stock tumbled again after management said it wasn't sure revenue would grow in 2026.Despite those troubles, the stock should still pay off for patient investors in the long run.10 stocks we like ...The Motley Fool
Tue, Jul 22
Stocks
D.R. Horton gains after Q3 revenue beat
** Shares of homebuilder D.R. Horton DHI.N gain 5.7% to $138.70 premarket** Co reports Q3 revenue of $9.23 bln, above analysts' estimate of $8.76 bln - data compiled by LSEG ** Tightened its FY revenue forecast range to $33.7- $34.2 bln, from its previous view of $33.3-$34.8 bln** New forecast n...Reuters
Tue, Jul 22
Other
Residential lot developer Forestar cuts annual delivery guidance on weak market conditions
OverviewForestar fiscal Q3 revenue rises 23% yr/yr to $390.5 mln, missing estimatesNet income for fiscal Q3 falls 15% yr/yr to $32.9 mlnCo lowers fiscal 2025 lot delivery guidance due to weak market conditionsOutlookForestar updates fiscal 2025 lot delivery guidance to 14,500-15,000 from prior guida...Reuters
Tue, Jul 22
Forex
USD/CAD stuck in range – BBH
USD/CAD remains rangebound between 1.3550 and 1.3800 as the Bank of Canada’s latest survey offers little urgency for immediate easing. While future sales expectations dipped, stable hiring plans and anchored inflation keep markets cautious about near-term rate cuts, BBH FX analysts report.
Fxstreet
Tue, Jul 22
Economic Indicator
Morocco's annual inflation steady at 0.4% in June
RABAT, July 22 (Reuters) - Morocco's annual inflation, measured by the consumer price index, was 0.4% in June, the same as in the previous month, the North African country's statistics agency said on Tuesday.Core inflation, which excludes more volatile goods such as food, was 1.1% year-on-ye...Reuters
Tue, Jul 22
Stocks
D.R. Horton third-quarter results top estimates on incentives push
July 22 (Reuters) - D.R. Horton DHI.N reported third-quarter profit and revenue above estimates on Tuesday as buyer incentives sustained home sales amid high interest rates and rising costs, sending shares of the homebuilder up 5.7% before the bell.The sector is grappling with weakening consumer sen...Reuters
Tue, Jul 22
Forex
USD/JPY: Likely to trade in a range between 146.90 and 148.20 – UOB Group
US Dollar (USD) is likely to trade in a range between 146.90 and 148.20 against Japanese Yen (JPY). In the longer run, USD is expected to trade in a range of 146.90/149.20, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Tue, Jul 22
Stocks
LIVE MARKETS-Gold: loading the spring
STOXX 600 down 0.6%Trade concerns persistChemicals stocks underperform after earningsWall St futures lowerWelcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.comGOLD: LOADING THE SPRINGSince...Reuters
Tue, Jul 22
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