Category: demand

  • Goldman challenges Fed’s demand it hold more capital after stress test, FT reports By Reuters

    (Reuters) – Goldman Sachs has appealed to the U.S. Federal Reserve over its results in the latest “stress test” by the Fed that is set to force the bank to hold more capital, the Financial Times reported on Sunday, citing people familiar with the matter. The Federal Reserve’s annual stress…

  • Oil steadies as investors weigh mixed demand signals By Reuters

    By Robert Harvey and Arunima Kumar LONDON (Reuters) – Oil prices steadied on Thursday, with benchmark crude holding above $85 a barrel as investors weighed a bleak demand growth outlook from the International Energy Agency and signs of growing U.S. consumption. Brent crude futures were up 1 cent, or 0.01…

  • Nvidia is poised to surge another 16% as signs point to ‘exceedingly robust’ demand for its next-gen Blackwell chip, UBS says

    Slaven Vlasic/Getty Images for The New York Times; Chelsea Jia Feng/PI Nvidia’s stunning stock rally could continue to $150 per share, UBS said. Recent supply chain checks show “very strong” demand for Nvidia’s next-generation chips, the bank said. Nvidia’s potential EPS of $5 in 2025 would give it a valuation…

  • Crude oil scores fourth straight weekly gain as U.S. data indicates solid demand

    SlavkoSereda/iStock via Getty Images Crude oil futures fell on the day while recording a fourth straight weekly gain, supported by a much larger-than-expected drawdown in U.S. crude inventories, renewed hopes that the U.S. Federal Reserve will start cutting interest rates soon, and rising geopolitical risks in the United States. The…

  • Hapag-Lloyd CEO sees solid shipping demand driving up freight rates By Reuters

    FRANKFURT (Reuters) – Strong demand for container shipping has pushed freight rates higher in the past two months, Hapag-Lloyd Chief Executive Rolf Habben Jansen said on a call with reporters on Wednesday. He said attacks on ships by Yemen-based Houthi militants had prompted shipping companies to avoid the Red Sea,…

  • Asia’s factory activity expands in June on solid global demand By Reuters

    Written by Laika Kihara TOKYO (Reuters) – Factory activity in Asia expanded in June thanks to strong momentum in the global economy and improving prospects for semiconductor production, surveys showed on Monday, giving policymakers some hope that the region can weather the blow from weak Chinese demand. But cost pressures…

  • Researcher Explains How Decline In Bitcoin Demand Is Behind Latest Price Correction

    Bitcoin price has been under significant downward pressure in the past few weeks, and this cryptocurrency researcher explains the role of demand in the market correction. Apparent Demand for Bitcoin Is Falling – Is It a Cause for Concern? In a recent post on Platform X, CryptoQuant’s head of research,…

  • Researcher Explains How Decline In Bitcoin Demand Is Behind Latest Price Correction

    Bitcoin price has been under significant downward pressure in the past few weeks, and this cryptocurrency researcher explains the role of demand in the market correction. Apparent Demand for Bitcoin Is Falling – Is It a Cause for Concern? In a recent post on Platform X, CryptoQuant’s head of research,…

  • Fujifilm once struggled to sell cameras. Now, it can’t keep up with demand By Reuters

    Written by Rocky Swift TOKYO (Reuters) – For many years, Japan’s Fujifilm has moved away from the legacy camera business to focus on health care. But thanks in large part to TikTok’s audience, its retro-themed X100 digital cameras are now a massive hit, boosting its bottom line. Fujifilm is having…

  • Oil dips after hitting seven-week highs on demand hopes, war jitters By Reuters

    Written by Deep Kaushik Vakil and Nia Williams (Reuters) – Oil prices fell on Wednesday after hitting a seven-week high, as summer demand optimism and concerns about escalating conflicts outweighed an industry report that said inventories had risen unexpectedly. By 1803 GMT, futures fell six cents, or 0.1%, to $85.33…

  • Oil prices fall on weaker US consumer demand, China data By Reuters

    Written by Colin Howe and Mohi Narayan NEW DELHI (Reuters) – Oil prices fell in Asian trading on Monday after a survey on Friday showed weak US consumer demand and with crude production rising in May in China, the world’s largest crude importer. Global futures for August delivery fell 29…

  • SEC Lowers Settlement Demand To $103 Million

    A glimmer of hope emerged for Ripple Labs this week in its ongoing legal battle with the Securities and Exchange Commission. The SEC reduced the proposed settlement amount from a staggering $2 billion to a more manageable amount of $102.6 million. While this represents a significant concession, Ripple still faces…

  • 200,000 ETH Options Expiry Spurs Demand

    Investors are bullish on Ethereum as the industry awaits the launch of Spot Ethereum ETFs. This sentiment is conveyed by the recent expiration of Ethereum options contracts and the ask ratio. According to data, more than 200,000 ETH options have expired recently, and the cryptocurrency community is eagerly awaiting the…

  • 200,000 ETH Options Expiry Spurs Demand

    Investors are bullish on Ethereum as the industry awaits the launch of Spot Ethereum ETFs. This sentiment is conveyed by the recent expiration of Ethereum options contracts and the ask ratio. According to data, more than 200,000 ETH options have expired recently, and the cryptocurrency community is eagerly awaiting the…

  • Toyota shareholders demand vote against chairman Toyoda as automaker embroiled in testing scandal

    Breadcrumb links BMN Business Article writer: Associated Press Yuri Kageyama Posted on June 15, 2024 • 4 minutes read You can save this article by registering for free here. Or log in if you have an account. Article content TOKYO (AP) — Toyota Chairman Akio Toyoda will face some disgruntled…

  • Ethereum Demand Surges With Permanent Holders Buying 298K ETH in One Day

    Ethereum continued to face challenges as it remained above the $4,000 level, reflecting the lack of momentum in the broader market. While investors wait for the rally, data indicates an increase in demand for the world’s largest altcoin. Permanent Ethereum holders bought large amounts As CryptoQuant’s head of research, Julio…

  • Ethereum Demand Surges With Permanent Holders Buying 298K ETH in One Day

    Ethereum continued to face challenges as it remained above the $4,000 level, reflecting the lack of momentum in the broader market. While investors wait for the rally, data indicates an increase in demand for the world’s largest altcoin. Permanent Ethereum holders bought large amounts As CryptoQuant’s head of research, Julio…

  • OPEC rips ‘unrealistic’ and ‘dangerous’ peak oil demand prediction (NYSEARCA:USO)

    Slavko Sereda/iStock via Getty Images Crude oil futures rose on Thursday, finding support in data that pointed to a slowing pace of inflation in the United States, with the May Producer Price Index coming in lower than expected a day after a weak May CPI reading. OPEC President and Secretary…

  • FedEx to cut up to 2,000 back-office jobs in Europe amid weak freight demand By Reuters

    Written by Ananta Agarwal (Reuters) – FedEx plans to cut between 1,700 and 2,000 back-office jobs in Europe, in its latest cost-cutting effort as the package delivery giant faces a decline in demand for shipping. FedEx (NYSE:) said the cuts will extend over 18 months and will result in a…

  • Demand for food delivery has skyrocketed. So have complaints about some drivers

    Breadcrumb links BMN Business Article writer: Associated Press Michael Casey Published on June 08, 2024 • 5 minute read You can save this article by registering for free here. Or log in if you have an account. Article content BOSTON (AP) — The growing demand for quickly delivered food has…