The Swiss National Bank largely kept out of currency markets in the final three months of 2025, avoiding interventions after it promised to the US not to steer the franc for an economic advantage. Switzerland’s central bank purchased foreign exchange worth 5.2 billion francs ($6.6 billion) in 2025, according to its annual report published on Tuesday. While it didn’t spell out individual quarters, ...
The Swiss National Bank largely kept out of currency markets in the final three months of 2025, avoiding interventions after it promised to the US not to steer the franc for an economic advantage. Switzerland’s central bank purchased foreign exchange worth 5.2 billion francs ($6.6 billion) in 2025, according to its annual report published on Tuesday. While it didn’t spell out individual quarters, it already had an intervention tally of 5.182 billion francs after nine months. That suggests it didn’t buy or sell in a significant way for the remainder of the year. Last year’s franc sales mostly occurred in the second quarter, when the SNB moved to counteract a spike in its currency triggered by Donald Trump ’s global “Liberation Day” tariff announcements. By buying assets in foreign denominations, the central bank can weaken its own currency’s exchange rate. Swiss officials have used this mechanism in the past to keep a lid on the franc. This has seen the SNB’s balance sheet grow to a size some observers deem dangerous as it can yield large profits but also large losses. During the fourth quarter, the franc rose slightly against the euro. It has surged to decade highs since the start of this year as investors sought havens amid geopolitical turmoil, lured by Switzerland’s modest debt, a stable economy and predictable policies. The central bank’s resolve to cap gains will take center stage this week as policymakers gather for their first rate decision of the year on Thursday. Swiss officials have already broken their usual silence to signal their willingness to intervene has increased in face of the war in Iran. While any change in language on foreign exchange will be notable, economists are unanimous in predicting that the rate will stay at zero. The franc is a key focus for the SNB because its gains weigh on already feeble inflation via lower import costs. Pledge to US On Sept. 29, the SNB issued a joint statement with the US Treasury pledging to keep its monetary pol...
denisik11 Alphabet's Google ( GOOG ) ( GOOGL ) is in talks with Envicool and other Chinese firms about buying liquid cooling equipment for data centres, Reuters reported, citing people with knowledge of a visit to China by one of the U.S. firm's procurement teams. Liquid cooling systems - which circulate water or other liquid over or around equipment - have become critical in AI data centers as ...
denisik11 Alphabet's Google ( GOOG ) ( GOOGL ) is in talks with Envicool and other Chinese firms about buying liquid cooling equipment for data centres, Reuters reported, citing people with knowledge of a visit to China by one of the U.S. firm's procurement teams. Liquid cooling systems - which circulate water or other liquid over or around equipment - have become critical in AI data centers as the high-density computing generates more heat than a traditional air cooling system can handle. The visit by the team from Google's Taiwan operations this month reflects tight supply of parts for such systems, the sources said. During the visit, Google's team has met with Envicool, said two of three sources. The team also plans to meet with at least one other company, the report said. The talks highlight how the global race to build AI data centre infrastructure has tightened supply of not just advanced chips but also lower-value equipment, as well as the growing role of Chinese suppliers in global data centre growth despite heightened U.S.-Sino tensions, the report added. More on Alphabet Alphabet: Inside Google Cloud's New Growth Pillars Alphabet Q4: A Fairly Valued Tech Titan To Buy Now Alphabet: Apple AI Deal Is The Biggest Blind Spot EU group pushes watchdog to hurry Google probe over search services, impose fine UK's Ofcom demands U.S. social media firms tighten rules to keep children off
Get AAPU alerts: Sign Up Direxion Daily AAPL Bull 2X Shares Price Performance Direxion Daily AAPL Bull 2X Shares ( NASDAQ:AAPU Get Free Report ) saw a large decline in short interest in the month of February. As of February 27th, there was short interest totaling 893,357 shares, a decline of 13.2% from the February 12th total of 1,028,786 shares. Currently, 10.5% of the company's shares are sold s...
Get AAPU alerts: Sign Up Direxion Daily AAPL Bull 2X Shares Price Performance Direxion Daily AAPL Bull 2X Shares ( NASDAQ:AAPU Get Free Report ) saw a large decline in short interest in the month of February. As of February 27th, there was short interest totaling 893,357 shares, a decline of 13.2% from the February 12th total of 1,028,786 shares. Currently, 10.5% of the company's shares are sold short. Based on an average daily trading volume, of 1,397,553 shares, the days-to-cover ratio is currently 0.6 days. Based on an average daily trading volume, of 1,397,553 shares, the days-to-cover ratio is currently 0.6 days. Currently, 10.5% of the company's shares are sold short. NASDAQ AAPU opened at $28.19 on Tuesday. The company has a market cap of $240.18 million, a P/E ratio of 25.83 and a beta of 1.67. Direxion Daily AAPL Bull 2X Shares has a 12 month low of $15.89 and a 12 month high of $40.70. The company has a 50-day moving average of $30.68 and a 200-day moving average of $32.54. Direxion Daily AAPL Bull 2X Shares Increases Dividend The business also recently declared a quarterly dividend, which was paid on Wednesday, December 17th. Investors of record on Wednesday, December 10th were given a dividend of $2.1724 per share. This represents a $8.69 annualized dividend and a yield of 30.8%. This is a positive change from Direxion Daily AAPL Bull 2X Shares's previous quarterly dividend of $0.22. The ex-dividend date of this dividend was Wednesday, December 10th. Hedge Funds Weigh In On Direxion Daily AAPL Bull 2X Shares Hedge funds have recently made changes to their positions in the stock. Vestor Capital LLC purchased a new stake in shares of Direxion Daily AAPL Bull 2X Shares during the 2nd quarter valued at $501,000. Client First Investment Management LLC purchased a new position in shares of Direxion Daily AAPL Bull 2X Shares in the 3rd quarter worth $1,990,000. IMC Chicago LLC purchased a new position in shares of Direxion Daily AAPL Bull 2X Shares in the 3rd q...