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Austrian ex-chancellor Kurz's cybersecurity firm says reaches $1 billion valuation
Recasts throughout with details on Kurz, context background Feb 17 (Reuters) - A cybersecurity business launched by former Austrian Chancellor Sebastian Kurz and entrepreneurs in Israel said it is now worth $1.1 billion after receiving another $100 million in a new funding round.Founded in Januar...
Reuters
Mon, Feb 17
Stocks
This Tech Giant Is Investing $75 Billion on AI. Is It Time to Buy?
On Feb. 4, Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) reported mixed performance in the 2024 fourth quarter. Revenue was up 12% year over year to $96.5 billion, lower than the Wall Street target of $96.67 billion. Earnings per share (EPS) rose 31% to $2.15, barely beating analysts' consensus estimate o...
The Motley Fool
Mon, Feb 17
Commodities
RPT-COLUMN-China's retaliation to Trump tariffs will reshape coking coal flows, prices: Russell
Repeats, no change to textBy Clyde Russell LAUNCESTON, Australia, Feb 17 (Reuters) - China's retaliatory tariffs against U.S. energy imports is likely to be most keenly felt in the seaborne market for metallurgical coal.Beijing imposed a 15% import tariff on U.S. coal and liquefied natural ga...
Reuters
Mon, Feb 17
Stocks
LIVE MARKETS-What's needed for small-caps to turn higher?
STOXX 600 up 0.4%Defence rallies on Ukraine talksBanks rise on yield surgeWall St shut for holidayWelcome 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.comWHAT'S NEEDED FOR SMALL-CAPS TO T...
Reuters
Mon, Feb 17
Other
Iran says Israel, US 'cannot do a damn thing' against Tehran
Writes through with fresh quotes, backgroundBy Parisa Hafezi and Elwely Elwelly DUBAI, Feb 17 (Reuters) - Iran said on Monday that U.S. and Israeli threats against it were a blatant violation of international law and that they could not "do a damn thing" to hurt Tehran.The comments came a...
Reuters
Mon, Feb 17
Other
Stellantis to make hybrid vehicle parts at Termoli plant earmarked for EV batteries
Termoli to make 300,000 eDCTs per year from 2026Co also announces increased investment in Metz, FranceStellantis-led JV ACC paused Italy, Germany gigafactoriesACC to decide on Italy, Germany plants 'not before June'Adds production start date for eDCTs in paragraph 8, union comment in paragra...
Reuters
Mon, Feb 17
Cryptocurrencies
Stablecoins are starting to flow out of Solana after meme token peak
The Solana ecosystem grew its demand for USDC, as the Meteora DEX formed several highly liquid pairs. In the past week, Solana saw an outflow of $772M from both USDT and USDC, potentially signaling value extraction.
Cryptopolitan
Mon, Feb 17
Other
Poland will not send troops to Ukraine, says PM Tusk
In paragraph 4, restores missing part of Tusk quote WARSAW, Feb 17 (Reuters) - Poland will not send troops to Ukraine, Prime Minister Donald Tusk said on Monday, as he set off for an emergency summit in Paris to discuss Europe's role in any ceasefire. British Prime Minister Keir Starmer ...
Reuters
Mon, Feb 17
Stocks
Is SoundHound AI Stock Your Ticket to Becoming a Millionaire?
SoundHound AI (NASDAQ: SOUN) has become one of the hottest stocks on Wall Street, rising around 170% since the start of November 2024. However, it's well off the peaks of its huge run, as it was up nearly 400% at the end of December.With SoundHound shares down more than 40% from their all-time high,...
The Motley Fool
Mon, Feb 17
Other
India opposition slams Trump's F-35 offer, Russia makes its own pitch
NEW DELHI, Feb 17 (Reuters) - India's opposition parties have criticised U.S. President Donald Trump's offer to sell F-35 fighters to the country, citing their high costs, even as Russia has discussed producing its most advanced jets locally in line with Prime Minister Narendra Modi's go...
Reuters
Mon, Feb 17
Other
BRIEF-Newcastle Building Society's CFO David Samper Resigns
Feb 17 (Reuters) - Newcastle Building Society NBS_p.L:RESIGNATION OF CHIEF FINANCIAL OFFICERCHIEF FINANCIAL OFFICER DAVID SAMPER HAS ANNOUNCED THAT HE WILL BE LEAVINGSource text: ID:nRSQ3860XaFurther company coverage: [NBS_p.L]
Reuters
Mon, Feb 17
Cryptocurrencies
Pepe Coin Price Prediction: Can PEPE 100x Again? New Rival Token at $0.01 Looks Like a Smarter Play
Pepe Coin (PEPE) is trading at $0.0000097, with a market capitalization of $4.10 billion. After its remarkable 100x surge in 2023, PEPE has matured into a top player in the meme coin sector. Given its substantial market cap, the likelihood of another 100x rally is minimal. At best, analysts suggest a potential 10x increase, which […]
Cryptopolitan
Mon, Feb 17
Stocks
Stock-Split Watch: Is Palantir Technologies Next?
Palantir Technologies (NASDAQ: PLTR) has been a rocket ship since early 2023. In just over 24 months, the stock has gone from under $8 to $115, an incredible 1,700% sprint. It's safe to say that things have gone well for shareholders.It's also fair to wonder whether a stock split may soon be on the ...
The Motley Fool
Mon, Feb 17
Commodities
Ukrainian drones hit Russian oil facilities overnight, Kyiv official says
Adds details and quote in paragraphs 4-6 Feb 17 (Reuters) - Ukrainian drones hit Russia's Ilsky oil refinery and oil pumping station in the southern Krasnodar region overnight, prompting the suspension of pumping operations, an official from Ukraine's SBU security service said on Monday.A...
Reuters
Mon, Feb 17
Cryptocurrencies
11.2 million SOL from the FTX bankruptcy auction to be unlocked in March
Beleaguered crypto exchange FTX is preparing to unlock 11.2 million Solana (SOL) tokens, valued at approximately $2.06 billion, on March 1. The unlock will follow a creditor repayment process that is set to begin on Tuesday, with an initial distribution of $1.2 billion to smaller claim holders. According to several reports on social media, FTX […]
Cryptopolitan
Mon, Feb 17
Commodities
Lockton launches full follow BESS project facility
By Michael JonesFeb 17 - (The Insurer) - Lockton has launched a full-follow facility for the coverage of battery energy storage system (BESS) projects.Known as BESS Lock, the facility will offer up to 250 million pounds in capacity. Lockton said it will support one of a panel of “industry-recognised...
Reuters
Mon, Feb 17
Other
Scholz calls for 'strong and sovereign' Europe ahead of security talks in Paris
Retops, updates throughout with Scholz commentsKASSEL, Germany, Feb 17 (Reuters) - German Chancellor Olaf Scholz wants to see a strong and sovereign Europe, he said on Monday, ahead of hastily arranged talks in Paris following signals that the United States is no longer seeking Europe's input on...
Reuters
Mon, Feb 17
Indices
US Dollar consolidates with US markets closed for President’s Day
The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, consolidates last week’s losses and trades flat at around 106.80 at the time of writing on Monday.
Fxstreet
Mon, Feb 17
Other
Zelenskiy dismisses planned U.S.-Russia talks, insists Kyiv be involved
Updates with context and Zelenskiy comments on critical minerals deal in paragraphs 7-9 KYIV, Feb 17 (Reuters) - Ukrainian President Volodymyr Zelenskiy on Monday dismissed planned talks between the U.S. and Russia on ending the war in Ukraine, reiterating that Kyiv should be involved in any disc...
Reuters
Mon, Feb 17
Other
Polish footwear chain CCC signs conditional deal to take full control of online retailer Modivo
Adds planned dividend payout in 4th paragraph and sales targets in paragraph 5GDANSK, Feb 17 (Reuters) - Polish footwear chain CCC CCCP.WA said on Monday it has signed a conditional agreement to acquire an additional 22.81% stake in online fashion retailer Modivo to take full control. CCC will b...
Reuters
Mon, Feb 17
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