The Australian dollar shows limited movement as China’s manufacturing PMI dips, keeping the pair near a two-week high. The AUD/USD pair remains subdued below the 0.7200 level, trading near a two-week peak following China’s May manufacturing PMI release. The data showed a s
China’s central bank set the daily yuan reference rate below market expectations, signaling potential depreciation pressure. The People’s Bank of China set the USD/CNY reference rate at 6.8167, compared with an estimate of 6.7643. The move allows the yuan to trade within a
China’s central bank set the daily yuan reference rate below market expectations, signaling potential depreciation pressure. The People’s Bank of China set the USD/CNY reference rate at 6.8167, compared with an estimate of 6.7643. The move allows the yuan to trade within a
Former Fed Chair Jerome Powell states removing officials over policy disputes risks long-term trust in the central bank and USD stability. Former Federal Reserve Chair Jerome Powell cautioned that allowing presidents to dismiss Fed officials over policy disagreements would
Analog Devices reported Q2 2026 revenue of $3.62 billion, surpassing estimates and driving a 37% YoY increase. Analog Devices Inc (NASDAQ:ADI) posted fiscal Q2 2026 revenue of $3.62 billion, up 37% year-over-year and exceeding analysts’ forecasts of $3.50 billion. Adjusted
Cadence reports Q1 2026 revenue of $1.47 billion, beating estimates, as it expands AI-driven semiconductor design tools. Cadence Design Systems licensed its Tensilica Vision DSP technology to Aeva for use in 4D LiDAR systems targeting industrial robotics and automotive app
Shares of Dell Technologies (NYSE: DELL) soared about 33% on Friday, marking the stock's best day ever after the computer and server maker reported its fiscal first quarter of 2027 (the period ended May 1, 2026). The move did more than reward Dell's shareholders It
Nvidia Corp (NASDAQ:NVDA) is one of Renaissance Technologies’ top semiconductor stock picks. Nvidia shares have gained around 60% over the past year Nvidia Corp (NASDAQ:NVDA) is expanding its presence in the enterprise artificial intelligence market through partners
AT&T Inc. (NYSE:T) is one of the Best Undervalued Stocks to Buy According to the Financial Media. On May 27, the company highlighted that it maintains its long-term outlook and capital allocation plans, including its outlook for improvement in growth in adjusted EBITDA and
Apollo Global Management, Inc. (NYSE:APO) is one of the Best Undervalued Stocks to Buy According to the Financial Media. Piper Sandler lifted its price objective on the company’s stock to $157 from $146 and kept an “Overweight” rating on the shares after the Q1 results
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