(RTTNews) - The Australian stock market is alternating across the unchanged line and is now slightly lower in mid-market moves on Friday, reversing some of the gains in the previous two sessions, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is st
(RTTNews) - The Australian stock market is alternating across the unchanged line and is now slightly lower in mid-market moves on Friday, reversing some of the gains in the previous two sessions, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is st
Alberto E. Rodriguez/Getty Images Entertainment A Quarter with Mixed Developments The Honest Company ( HNST ) reported Q4 2025 results on February 25, 2026, highlighting balance sheet strength and early traction in its transformation while setting expectations for 2026. Some
Alberto E. Rodriguez/Getty Images Entertainment A Quarter with Mixed Developments The Honest Company ( HNST ) reported Q4 2025 results on February 25, 2026, highlighting balance sheet strength and early traction in its transformation while setting expectations for 2026. Some
The Federal Reserve remains in a standoff with a federal prosecutor demanding information related to the renovations of two historic buildings at the central bank’s headquarters in Washington. Behinds-the-scenes tussling over grand jury subpoenas sent to the Fed by the US attorney for the District of Columbia, Jeanine Pirro , in January has now continued into a second month, said a person familiar...
The Federal Reserve remains in a standoff with a federal prosecutor demanding information related to the renovations of two historic buildings at the central bank’s headquarters in Washington. Behinds-the-scenes tussling over grand jury subpoenas sent to the Fed by the US attorney for the District of Columbia, Jeanine Pirro , in January has now continued into a second month, said a person familiar with the matter, who asked not to be identified due to the sensitivity of the situation. The wrangling over the information signals the unlikeliness of a quick resolution to the probe. Fed Chairman Jerome Powell has said the inquiry relates to his June congressional testimony on the renovations. However, he has said it is really intended to pressure policymakers who refused to set interest rates according to the preferences of President Donald Trump . Beyond interest rates, the probe is laced with major political — and potentially economic — implications. When Powell said that the Fed had been served with the subpoenas on a Sunday evening in January, stock futures and the dollar weakened. The standoff has also complicated Trump’s ability to install his pick to replace Powell, whose term as chair ends in May. Senate Confirmation Trump said last month that he had selected former Fed Governor Kevin Warsh for the role, but Republican Thom Tillis , a member of the Senate Banking Committee , has vowed to hold up any Fed nominee until the Justice Department probe is fully resolved. Without Tillis’ support on the committee, Warsh’s nomination would face significant hurdles to advance to the full Senate for confirmation. The Wall Street Journal reported on Thursday that the Fed, in sealed proceedings, has asked a judge to quash the subpoenas. The Fed and the US attorney’s office declined to comment. Frequent Targets Powell and the Fed have been frequent targets of Trump, who has criticized them for not lowering interest rates quickly enough. Trump has pressured the central bank on ...
Earnings Call Insights: Seer, Inc. (SEER) Q4 2025 Management View CEO Omid Farokhzad reported Q4 revenue of $4.2 million, bringing full-year 2025 revenue to $16.6 million, which he noted represented 17% year-over-year growth. He attributed underperformance this quarter to "ongoing budgetary pressures, including uncertainty around NIH funding in
Earnings Call Insights: Seer, Inc. (SEER) Q4 2025 Management View CEO Omid Farokhzad reported Q4 revenue of $4.2 million, bringing full-year 2025 revenue to $16.6 million, which he noted represented 17% year-over-year growth. He attributed underperformance this quarter to "ongoing budgetary pressures, including uncertainty around NIH funding in
Bets on a stronger yuan are picking up in currency-option markets, with traders positioning for a move toward 6.50 per dollar by year end after the People’s Bank of China signaled greater tolerance for appreciation. Trading in dollar-yuan options surged on Thursday to its highest since at least before President Donald Trump’s re-election in November 2024, with positioning tilted sharply for the Ch...
Bets on a stronger yuan are picking up in currency-option markets, with traders positioning for a move toward 6.50 per dollar by year end after the People’s Bank of China signaled greater tolerance for appreciation. Trading in dollar-yuan options surged on Thursday to its highest since at least before President Donald Trump’s re-election in November 2024, with positioning tilted sharply for the Chinese currency to advance, including some bets of around 5%. Put option volumes worth $100 million or more — wagers on yuan gains — was double that of calls that profit from a decline, according to data from the Depository Trust & Clearing Corp. Recent bets that the yuan will strengthen “is supported by the renminbi-fixing trend lower, suggesting central bank comfort with a stronger yuan,” said Akshay Saxena , head of FX options trading for Asia at Citigroup Inc., referring to the PBOC’s daily operations setting a reference rate. The yuan notched its longest-winning streak against the dollar since 2010 this week, spurred by signs the PBOC is tolerating further appreciation after the currency rose more than 4% last year. Analysts from Citigroup Inc., Goldman Sachs Group Inc. and BNP Paribas Asset Management have all predicted further gains for 2026 as investors turn positive on China. “We are seeing good demand for USD/CNH lower strategies such as put spreads, digital puts and exotic variants that represent a widely-held view of CNH to continue appreciating against USD in the medium term, with a typical year-end target of 6.50,” Saxena said. Digital puts and put spreads are lower-cost strategies that still pay out if dollar-yuan declines. The former offers a fixed amount equivalent to an all-or-nothing wager, while the latter targets more modest gains than a standard put option. DTCC data showed that dollar-yuan options were the second most-traded globally by volume on Thursday. Meanwhile, Standard Chartered Bank also reported increased demand for structures that benefit fro...