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Adobe Q4 Earnings Beat Market, Sees Growth Ahead; But Shares Hit

Software major Adobe Inc. issued positive outlook for first quarter and fiscal 2025 earnings and revenues, after reporting higher fourth-quarter results above market. Meanwhile, the shares declined around 9 percent in the after-hours trading on Wednesday, and is currently down around 11 percent in the pre-market activity on the Nasdaq.
RTTNews | 259 дней спустя
Swiss Franc Falls On SNB's Surprise Rate Cut

Swiss Franc Falls On SNB's Surprise Rate Cut

The Swiss franc weakened against other major currencies in the European session on Thursday, after the Swiss National Bank reduced its benchmark rate by a sharper-than-expected 50 basis points to curb the strength of the Swiss franc.
RTTNews | 259 дней спустя
Swiss Central Bank Cuts Policy Rate By 50 Bps

Swiss Central Bank Cuts Policy Rate By 50 Bps

Amid easing inflationary pressures, the Swiss National Bank reduced its benchmark rate by a sharper-than-expected 50 basis points to curb the strength of the Swiss franc. At the first policy meeting of Martin Schlegel as chairman, the policy rate was lowered to 0.50 percent from 1.00 percent. The new rate takes effect on December 13.
RTTNews | 259 дней спустя
Swiss Franc Falls Against Majors

Swiss Franc Falls Against Majors

The Swiss franc weakened against other major currencies in the European session on Thursday.
RTTNews | 259 дней спустя
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DAX Edges Higher As Swiss National Bank Announces Big Rate Cut

DAX Edges Higher As Swiss National Bank Announces Big Rate Cut

German stocks edged up slightly on Thursday as the Swiss National Bank cut its interest rate by 50 basis points, its biggest reduction in almost 10 years amid an ongoing tussle with depressed inflation and a strong Swiss franc.
RTTNews | 259 дней спустя
European Economic News Preview: ECB To Lower Rates Again

European Economic News Preview: ECB To Lower Rates Again

The monetary policy announcements from the European Central Bank and the Swiss National Bank are the top events due on Thursday. The ECB is widely expected to cut its benchmark rates by 25 basis points for the third consecutive meeting, citing weaker economic growth and moderating inflation.
RTTNews | 260 дней спустя
Australian Dollar Rises On Upbeat Aussie Jobs Data

Australian Dollar Rises On Upbeat Aussie Jobs Data

The Australian dollar strengthened against other major currencies in the Asian session on Thursday, after the release of nation's upbeat domestic jobs data that dimed hopes for an early interest rate cut in 2025.
RTTNews | 260 дней спустя

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