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Dell Shares Climb On Q2 Results, Positive Outlook

Dell Shares Climb On Q2 Results, Positive Outlook

Shares of Dell Technologies Inc. were gaining around 10 percent in the pre-market activity on the NYSE after the tech major issued positive third-quarter outlook and raisesd fiscal 2027 view, after reporting strong growth in its second quarter. The company said its AI server business booked a record $60.9 billion in orders, recognized $16.4 billion in revenue...
RTTNews | 4 days ago
NZ Dollar Falls After RBNZ Rate Decision

NZ Dollar Falls After RBNZ Rate Decision

The New Zealand dollar weakened against other major currencies in the Asian session on Wednesday, after the Reserve Bank of New Zealand delivered back-to-back rate hikes to contain inflation and also signaled additional tightening ahead.
RTTNews | 4 days ago
Australia GDP Growth Tops Expectations

Australia GDP Growth Tops Expectations

Australia's economy logged a stronger-than-expected growth in the second quarter, raising prospects of interest rate hikes by the Reserve Bank of Australia. Gross domestic product grew 2.1 percent from the previous year, the Australian Bureau of Statistics said Wednesday. This was slower than first quarter's 2.5 percent expansion but better than forecast of 1.8 percent.
RTTNews | 4 days ago
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NZ Dollar Falls Against Majors

NZ Dollar Falls Against Majors

The New Zealand dollar weakened against other major currencies in the Asian session on Wednesday.
RTTNews | 4 days ago
New Zealand Hikes Interest Rate For Second Straight Time

New Zealand Hikes Interest Rate For Second Straight Time

The Reserve Bank of New Zealand delivered back-to-back rate hikes to contain inflation and also signaled further tightening. The Monetary Policy Committee, governed by Anna Breman, decided to raise the Official Cash Rate by 25 basis points to 2.75 percent.
RTTNews | 4 days ago
Australian Market Slightly Trims Early Losses In Mid-market

Australian Market Slightly Trims Early Losses In Mid-market

The Australian stock market is slightly trimming its early losses in mid-market moves on Wednesday, extending the losses in the previous two sessions, with the benchmark S&P/ASX 200 falling well below the 9,000 level, following the broadly negative cues from Wall Street overnight, with weakness in financial, mining and technology stocks partially offset by gains in energy stocks.
RTTNews | 4 days ago
Asian Markets Track Wall Street Lower

Asian Markets Track Wall Street Lower

Asian stock markets are trading mostly lower on Wednesday, following the broadly negative cues from Wall Street overnight, as surging bond yields and higher crude oil prices amid renewed hostilities in the Middle East stoked global inflation risks and rate-hike fears. Asian markets closed mostly lower on Tuesday.
RTTNews | 4 days ago

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