Stronger US yields and firmer oil prices lift the pair above key retracement levels, testing long-term resistance near 0.79072. The USDCHF advanced toward its 200-day moving average at 0.79072, supported by higher US yields following a stronger-than-expected ADP employment
Key Points - CarGurus said it is seeing strong business momentum, including 15% year-over-year first-quarter growth and adjusted EBITDA margins in the 30s, while continuing to maintain full-year guidance for double-digit growth. - The company highlighted its AI strategy,... <
Key Points - Medtronic posted strong fiscal Q4 and full-year results, with revenue of $9.8 billion in the quarter and $36.4 billion for the year, both above expectations. Management said it was the company’s strongest top-line performance in a decade, driven by growth acro
Markets price a June Bank of Japan rate increase but doubt Governor Ueda’s commitment to tightening amid yen volatility concerns. USD/JPY traded near 160.00 as investors weighed a potential June rate hike by the Bank of Japan against persistent concerns over excessive curr
The bank will enable corporate clients' AI tools to bypass human interfaces and pull data from its stock administration systems. Morgan Stanley will permit external artificial intelligence agents to access its wealth management platforms, ShareWorks and Equity Edge, direct
Markets price an 86% chance of a June BoJ rate increase, but authorities warn of FX volatility risks amid USD strength and higher U.S. yields. The Japanese yen remains near 160.00 against the USD, despite growing expectations of a Bank of Japan rate hike on June 16. Market
Kraken parent company Payward will offer retail investors IPO shares at offering prices via blockchain-backed tokenized equities. Payward, owner of crypto exchange Kraken, will enable retail investors to purchase U.S.-listed IPO shares at the same offering price as institu
Broadcom leads in application-specific AI chips, securing 70% market share with long-term hyperscaler partnerships. Broadcom has overtaken Nvidia in custom AI chips, holding a 70% share of application-specific integrated circuits (ASICs). The company partners with hypersca
The MoonAgents app enables Claude and Codex AI models to execute crypto trades and payments via a user-friendly interface. MoonPay released the MoonAgents desktop application, allowing AI assistants like Anthropic’s Claude and OpenAI’s Codex to interact with crypto wallets
Citi cites declining ETF flows and fading US regulatory prospects as reasons for subdued Bitcoin outlook amid divergence from equities. Bitcoin’s price drivers have deteriorated, with exchange-traded fund flows turning negative after accounting for 45% of weekly return var