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Dollar Rises Against Major Counterparts

The U.S. dollar rebounded from recent weakness on Tuesday, supported by hawkish comments from a few Fed officials, including Minneapolis Federal Reserve President Neel Kashkari.
RTTNews | vor 14Std 50 Minuten
U.S. Dollar Advances After Hawkish Fed Remarks

U.S. Dollar Advances After Hawkish Fed Remarks

The U.S. dollar climbed against its major counterparts in the New York session on Tuesday, as Minneapolis Federal Reserve Bank President Neel Kashkari remarked that the central bank is expected to maintain a tighter monetary policy for an extended period.
RTTNews | vor 16Std 24 Minuten
Swiss Market Ends On Buoyant Note; UBS Soars

Swiss Market Ends On Buoyant Note; UBS Soars

The Switzerland market ended on a buoyant note on Tuesday, with strong results and optimism about interest rate cuts triggering sustained buying at several counters.
RTTNews | vor 18Std 19 Minuten
European Stocks Close On Firm Note Again

European Stocks Close On Firm Note Again

European stocks closed notably higher on Tuesday, lifted by some strong earnings updates, encouraging economic data, and optimism about interest rate cuts by some major central banks in the second quarter of the year.
RTTNews | vor 18Std 45 Minuten
Apple Working On Its Own AI Chip For Data Centers: WSJ

Apple Working On Its Own AI Chip For Data Centers: WSJ

iPhone maker Apple is said to be working on designing and producing its own Artificial Intelligence-powered chips to run AI software on servers at its data centers, according to a Wall Street Journal report on Tuesday. The company, known for its iPhones, iPads, and Macs, is reportedly working with Taiwan Semiconductor Manufacturing Co. or TSMC, on this project code named as "ACDC"
RTTNews | vor 21Std 29 Minuten
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Surgery Partners Boosts FY24 Outlook - Update

Surgery Partners Boosts FY24 Outlook - Update

While reporting financial results for the first quarter on Tuesday, surgical facility owner Surgery Partners, Inc. (SGRY) raised its revenue and adjusted EBITDA guidance for the full-year 2024.
RTTNews | vor 22Std 40 Minuten
German Exports Rebound; Industrial Orders Data Disappoint

German Exports Rebound; Industrial Orders Data Disappoint

Germany's exports rebounded at a faster-than-expected pace in March, while industrial orders declined unexpectedly on weak domestic demand, pouring cold water on hopes of better economic recovery. Exports gained 0.9 percent on a monthly basis, reversing a 1.6 percent fall in February, which was revised from a 0.2 percent gain reported initially, Destatis said Tuesday. Shipments were forecast to
RTTNews | vor 22Std 48 Minuten
ScanSource Q3 Results Miss Estimates; Trims FY24 Sales Outlook

ScanSource Q3 Results Miss Estimates; Trims FY24 Sales Outlook

Technology company ScanSource, Inc. (SCSC) reported Tuesday that net earnings for the third quarter decreased to $12.81 million or $0.50 per share from $21.22 million or $0.83 per share in the prior-year quarter. Excluding items, adjusted earnings were $0.69 per share, compared to $0.96 per share in the year-ago quarter.
RTTNews | vor 23Std 11 Minuten
Bay Street Likely To Open On Mixed Note

Bay Street Likely To Open On Mixed Note

Canadian shares are likely to open on a mixed note Tuesday morning with investors reacting to a slew of earnings updates, and tracking slightly weaker commodity prices.
RTTNews | vor 23Std 23 Minuten

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