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Japan and the United States carried out a coordinated intervention to support the yen in early August, the first joint action between the two countries to buy yen since 1998. The Bank of Japan, acting on behalf of the finance ministry, may have spent …
Bitcoin rose 7.58% on Wednesday to $69,588, trading within a day's range of $64,113 to $69,909, its highest level in two months. Ether jumped 10% to reclaim the $2,000 level for the first time since May. The rally marks a reprieve for investors who …
Diesel prices in California reached $7 per gallon this week as wars in Eastern Europe and the Middle East continue to disrupt refinery capacity around the world. Truckers in the state are paying roughly 30 cents more per gallon than a month ago and …
Cantor Fitzgerald will become one of the first majorInvestmentfirms to offer clients institutional trading access to prediction market platform Kalshi, the companies announced Wednesday. Cantor will serve as a broker, organizing large block trades on Kalshi's event contracts for its clients, while Susquehanna International …
RBC Capital initiated coverage of Cardinal Health (NYSE:CAH) this week with a buy-equivalent rating and a $276 price target, implying approximately 17% upside from the stock's prior closing price. Analysts pointed to the company's core pharmaceutical distribution operations and its radiopharmaceutical network as central …
Small batches of Nvidia's H200 chips have begun entering mainland China as Beijing seeks to support its leading AI companies in narrowing the gap with US rivals. ByteDance and Tencent have each received approximately 10,000 H200 processors in recent weeks, with additional Chinese technology …
Clean energy capacity additions in the US are set to reach a record 45 gigawatts in 2026, roughly equivalent to the average electricity demand of Turkey and about 25% higher than the previous record set in 2024, according to S&P Global Energy. Solar capacity …
The Department of Justice cited a novel written by James Comey in a court filing urging a federal judge not to dismiss criminal charges accusing the former FBI director of threatening President Trump through a 2025Social Mediapost. The filing, submitted late Tuesday in the …
Minutes from the Federal Reserve's July policy meeting, released Wednesday, show that "many" members of the central bank's policy-setting panel are concerned that continued elevated inflation could begin to affect inflation expectations and wage- and price-setting decisions across the economy. The debate comes as …
Marvell Technology (NASDAQ:MRVL) shares jumped following Wednesday's announcement of an expanded partnership with Google (NASDAQ:GOOGL) to develop custom AI chips, including an option for the search giant to purchase up to $12.2 billion in Marvell stock. Under the agreement, Google can buy up to …
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