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Frequency Electronics targets at least $150M revenue and 50% gross margin by fiscal 2029, backed by $111M funded backlog

J.B. Hunt outlines 1,000 to 1,200 new gross truck sales target as intermodal posts 578,000-load record

Gold drifts higher above $4,050 as US PPI unexpectedly fell in June

Gold price (XAU/USD) edges higher to around $4,060 during the early Asian session on Thursday. The precious metal rebounds as softer US inflation has fueled hopes that the US Federal Reserve (Fed) wil ...

China: Growth slows as policy support eyed – ING

ING’s Chief Economist for Greater China, Lynn Song, notes that China’s second-quarter GDP growth slowed to 4.3% year-on-year from 5.0% in the first quarter, the weakest pace since late 2022.

EUR/USD Price Forecast: Approaches 1.1600 as RSI shifts bullish

The EUR/USD advances some 0.41% on Wednesday, trading at 1.1466 after US inflation data was softer than expected, weighing on the Greenback, as market participants expect a less hawkish Federal Reserv ...

The Japanese Yen gets a gift from American inflation and hands it straight back

USD/JPY has spent Wednesday doing an impression of volatility without any of the substance. The pair climbed to 162.42 through the London morning, was knocked down to 161.90 by the New York afternoon, ...

The Australian Dollar reclaims a big figure and immediately loses its nerve

The Australian Dollar opened near 0.6975, ground higher through every session of the day, and poked above 0.7000 for the first time since mid-June before the momentum quietly left the room.

Apple Stock Closes at a New High. Earnings Could Change Everything.

Apple shares rose 4% to $327.50. The Cyberspace Administration of China on Wednesday included Apple’s generative artificial intelligence on a list of newly approved providers. Evercore ISI analyst A ...

The British Pound Sterling breaks out on the strength of someone else's weakness

Cable spent the London morning drifting, printed the session low at 1.3381 shortly after 10:00 GMT, and then spent the New York afternoon repricing the entire Dollar complex.

South Korean Won: Watching 200dma and BoK – Societe Generale

Societe Generale analysts highlight USD/KRW’s failure at the June peak near 1,561 and subsequent decline toward the 2024–2025 highs, with the 200-day moving average around 1,475 as key support.

Trump calls out General Dynamics on submarines amid push on defense contractors

Wall St ends higher on cool inflation data, strong earnings

STORY: U.S. stocks closed higher on Wednesday, with the Dow gaining more than a quarter of a percent, the S&P 500 adding over a third of a percent and the Nasdaq climbing more than six-tenths of a per ...