Forex News
NVIDIA Stock Down Despite Strong Q2 Results, $50 Bln Buyback
Shares of Nvidia Corp. were losing nearly 5 percent in the pre-market activity on the Nasdaq after the artificial intelligence or AI chipmaker issued sequentially lower third-quarter margin view, and maintained its fiscal 2025 margin forecast. This was despite reporting significantly higher profit in its second quarter with more-than doubled revenues, and also announcing a hefty $50 billion share
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127 days ago
Sensex, Nifty Hit Record Highs As Oil Extends Declines
Indian shares eked out modest gains on Thursday as expectations that the Federal Reserve might begin interest rate cuts next month and a retreat in oil prices for a third day running offset Nvidia's underwhelming earnings result.
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127 days ago
U.S. Dollar Rises Against Most Majors
The U.S. dollar strengthened against most major currencies in the European session on Thursday.
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127 days ago
European Shares Extend Gains As Inflation Data Brings Cheer
European stocks rose for a third straight session on Thursday and the euro slipped against the dollar after data showed Spanish inflation eased to its lowest level in a year and a measure of Eurozone economic sentiment rose more than expected in August.
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127 days ago
Antipodean Currencies Rise As Traders Await Major Economic Data
The Australian dollar strengthened against other major currencies in the Asian session on Thursday. as traders await a slew of crucial economic data, including reports on U.S. personal income and spending in July.
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127 days ago
FTSE 100 Rises Led By Banks
U.K. stocks edged up slightly on Thursday after another Federal Reserve official said the time has come for the U.S. central bank to cut interest rates.
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127 days ago
CAC 40 Gains Ahead Of US GDP Revision
French stocks were moving higher on Thursday after data showed a measure of Eurozone economic sentiment rose more than expected in August.
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127 days ago
more news
DAX Rises Ahead Of Inflation Data
German stocks rose on Thursday after preliminary data showed inflation fell in six important German states in August due to lower energy prices.
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127 days ago
Asian Shares Retreat As Nvidia Outlook Disappoints
Asian stocks declined on Thursday, with tech stocks bearing the brunt of selling after Nvidia's earnings forecast fell short of investor expectations.
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127 days ago
Mastercard To Debut Payment Passkey Service In India
Payment technology najor Mastercard announced the worldwide launch of its new Payment Passkey Service in India as an alternate transaction authentication method for more secure and easier online shopping. The company, during a keynote presentation at Global Fintech Fest in Mumbai, noted that the service will debut first in India as a pilot in partnership with select payments players...
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127 days ago
NZ Dollar Advances Against Majors
The New Zealand dollar strengthened against other major currencies in the Asian session on Thursday.
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127 days ago
Europe Car Registrations Growth Softens In July
Europe car registrations growth eased notably in July largely due to the sharp fall in battery-electric car demand, data released by the European Automobile Manufacturers' Association, or ACEA, showed on Thursday. Car sales grew only 0.2 percent on a yearly basis in July after a 4.3 percent gain in June.
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127 days ago
Australian Dollar Rises Against Majors
The Australian dollar strengthened against other major currencies in the Asian session on Thursday.
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127 days ago
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