In this article CHGG GOOGL Follow your favorite stocksCREATE FREE ACCOUNT Chegg seen at the New York Stock Exchange on Feb. 13, 2025. Danielle DeVries | CNBC Chegg on Monday filed suit in federal district court against Google, claiming that artificial intelligence summaries of search results have hurt the online education company’s traffic and revenue.
The Indian Rupee weakens in Tuesday’s Asian session. Renewed US Dollar demand and persistent foreign outflows continue to weigh on the INR. The Conference Board’s Consumer Confidence is due later on Tuesday. The Indian Rupee (INR) edges lower on Tuesday. The local currency remains under pressure amid US Dollar (USD) demand from oil companies and
Euro’s brief post-election rally faded quickly, as investors welcomed CDU/CSU’s victory but remained cautious due to lingering uncertainties around coalition formation and fiscal policy. While a relatively centrist government comprising CDU and the Social Democrats would provide stability, challenges surrounding the “debt brake” reform and defense spending continue to cloud the outlook. A coalition with
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not
The economic calendar was light today with the less followed Dallas Fed manufactuing index the only release. It showed a fall to -8.3 from 14.1 last month. That was the lowest level going back to September 2024. With stocks giving up their gains early in the day, the data helped to push the indices down
weekly inflow since March 2022 last week, data by the World Gold Council (WGC) showed on Monday. Gold ETFs store bullion for investors and account for a significant amount of investment demand for the precious metal , which hit a record high of $2,956.15 per troy ounce on Monday. Gold ETFs saw an inflow of
In this article BRK.A Follow your favorite stocksCREATE FREE ACCOUNT Warren Buffett walks the floor ahead of the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 3, 2024. David A. Grogen | CNBC Berkshire Hathaway on Saturday reported a massive surge in fourth-quarter earnings from its operating businesses, driven in large part by
The US Dollar steadies after an earlier wild ride as a flood of geopolitical news erupts this Monday. In Germany, the far-right AfD party is outpaced by the CDU. The US Dollar Index (DXY) has recovered a near 0.50% loss andd trades marginally higher at the time of writing. The US Dollar Index (DXY), which tracks
Euro opened the week slightly higher against all major currencies, as traders reacted positively to the German election results. Conservatives CDU/CSU secured victory, setting Friedrich Merz up as the next chancellor. However, Euro’s gains remain limited, as uncertainty over coalition talks persists, with negotiations potentially dragging on until Easter. While Merz’s CDU/CSU emerged as the
Fundamental Overview The S&P 500 sold off pretty aggressively on Friday following the weak US Flash Services PMI and later the Final UMich Consumer Sentiment survey where the long-term inflation expectations jumped to a new 30-year high. The bulk of the selloff came after the jump in the long-term inflation expectations. The market might be
Welp, that certainly didn’t take long. The German election result provided a glimmer of hope for a turnaround in the German economy. But after an early boost, it looks like traders are still reserving some caution. There’s still a lot that needs to be done for the coalition to work. So, I guess therein lies
Gold prices remained volatile in the last week, surging overall by Rs 900/10 grams on MCX as Gold April futures contracts opened flat today at Rs 85,970 per 10 grams. The prices were down by 0.05% or Rs 40 on Monday. Meanwhile, silver March futures contracts have surged by Rs 700/kg, opening at Rs 96,265/kg
In this article RIVN Follow your favorite stocksCREATE FREE ACCOUNT 2025 Rivian R1S. Rivian Rivian Automotive beat Wall Street’s fourth-quarter earnings expectations and achieved its first gross quarterly profit — a target closely watched by investors — but is forecasting lower sales in 2025. The electric vehicle maker reported a gross profit, which includes production
The Australian Dollar advanced as the Chinese government announced its annual policy statement for 2025 on Sunday. The AUD struggled as Trump instructed the Committee on Foreign Investment to limit Chinese investments in the US. The US Dollar struggles following the downbeat US economic data released last week. The Australian Dollar (AUD) retraces its recent losses
The USDCAD began the week near its lowest level since mid-December. After an early rebound, the pair moved above the falling 100-hour moving average (blue line) on Wednesday, extending gains toward the 200-hour moving average (green line) on both Wednesday and Thursday. However, sellers defended the 200-hour MA, leading to a decline alongside broader USD
As is usual for a Monday morning, market liquidity is very thin until it improves as more Asian centres come online … prices are liable to swing around, so take care out there. Indicative rates, a little change from late Friday, but not as much as we’ve come to expect over these past few weeks:
The silver-to-gold ratio is currently at its all-time low of 0.01, said Sahil Kapoor, head of products & market strategist at DSP Mutual Fund. Its all-time high is 0.06. The ratio shows how cheap or expensive silver is compared to gold. On average, it takes between 60 and 70 ounces of silver to equal the
Texas Roadhouse reported a top and bottom line beat in its fourth quarter with strong comparable sales growth and margin improvement. Although the first seven weeks of the first quarter are off to a noisy start due to inclement weather, this short-term headwind creates a long-term opportunity. Revenue in the quarter ended Dec. 31 increased
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