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  • Japan Startup Selling $550,000 Star Wars-inspired Hoverbike To List On NASDAQ

    Japan Startup Selling $550,000 Star Wars-inspired Hoverbike To List On NASDAQ0

    Japanese startup Aerwins Technologies, which is selling a Star Wars-inspired $555,000 hoverbike, has received approval to list on the NASDAQ in a merger with blank-check firm Pono Capital Corp, the manufacturer said on Friday. Aerwins, which is taking orders for the XTurismo hoverbike with a motorcycle-like body on top of propellers that it unveiled last

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  • Dow Futures Trade Lower As Tech Earnings Disappoint, Apple Sheds 2.8%

    Dow Futures Trade Lower As Tech Earnings Disappoint, Apple Sheds 2.8%0

    U.S. stock futures were trading lower during Thursday’s evening deals, after major benchmark averages finished mixed as investors grew cautious after a slew of mixed earnings reports. By 6:35pm ET (11:40pm GMT) Dow Jones Futures were down 0.2%, S&P 500 Futures fell 0.6% and Nasdaq 100 Futures were down 1.2%. In extended deals, Apple (NASDAQ:AAPL)

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  • Meta Stuns Street With Lower Costs, Big Buyback, Upbeat Sales

    Meta Stuns Street With Lower Costs, Big Buyback, Upbeat Sales0

    Meta Platforms Inc’s stricter cost controls this year and a new $40 billion share buyback sent shares soaring on Wednesday, as CEO Mark Zuckerberg called 2023 the “Year of Efficiency.” The parent of Instagram and Facebook (NASDAQ:META), which has fallen on hard times amid a broad post-pandemic slump in digital ads, is focused on improving

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  • ECB To Raise Rates Again And Face Questions About Future Path

    ECB To Raise Rates Again And Face Questions About Future Path0

    The European Central Bank is set to raise interest rates again on Thursday and pencil in more hikes for the next few months, with the only open question being how big these will be. The ECB has been increasing rates at a record pace to fight a sudden bout of high inflation in the euro

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  • Asia FX Rallies, Dollar Tumbles As Markets Bet on Fed Pivot

    Asia FX Rallies, Dollar Tumbles As Markets Bet on Fed Pivot0

    Most Asian currencies rose sharply on Thursday, while the dollar sank to a nine-month low even after the Federal Reserve hiked interest rates, with markets betting that a U.S. economic slowdown will force the bank into reversing its hawkish stance this year. The Chinese yuan rose 0.4% and came close to a seven-month high against

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  • Asia FX Treads Water As Fed Meeting Looms, Dollar Inches Higher

    Asia FX Treads Water As Fed Meeting Looms, Dollar Inches Higher0

    Most Asian currencies moved little on Wednesday in anticipation of a Federal Reserve meeting, while the dollar crept higher as markets positioned for an interest rate hike and a potentially hawkish message from the central bank. The dollar firmed slightly against a basket of currencies, with the dollar index and dollar index futures advancing about

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