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'Sell America' Trade Poses Further Risks For US Dollar
benzingahace 69d

'Sell America' Trade Poses Further Risks For US Dollar

Wall Street lost steam last week as markets grappled with widening policy uncertainty, which went well beyond Greenland. While earnings continued to drive stock-specific volatility—notably Intel’s 17% plunge—the broader narrative was one of investor fatigue with U.S. policy reversals and an expanding range of potential escalation points.Gold extended its rally, climbing 8.5% amid intensified safe-haven demand amid geopolitical tensions and lingering concerns over Federal Reserve independence. However, the biggest development was the US dollar's sharp underperformance across the board. It had the worst week in months, with losses exceeding 3% against both AUD and NZD, approaching 3% versus CHF, and nearing 2% against EUR and GBP.Traditional catalysts didn't drive this weakness as economic data remained relatively resilient. Fed rate expectations barely moved, and equity indices remained within prior ranges. Instead, the weakness reflects a growing policy risk premium getting priced into U.S. assets – and US dollar is the primary release valve for that unease.Trump administration threats of tariffs against Canada over its China trade deal, combined with reports of a potential oil blockade on Cuba, expanded the perceived range of U.S. policy options and normalized ideas previously considered tail risks. NZD and AUD excelled, as domestic data revived rate-hike speculations, while CHF followed closely. JPY rebounded on suspected government intervention, with USD/JPY drawing ...Full story available on Benzinga.com

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Indian Users Targeted in Tax Phishing Campaign Delivering Blackmoon Malware
thehackernewshace 70d

Indian Users Targeted in Tax Phishing Campaign Delivering Blackmoon Malware

Cybersecurity researchers have discovered an ongoing campaign that's targeting Indian users with a multi-stage backdoor as part of a suspected cyber espionage campaign.The activity, per the eSentire Threat Response Unit (TRU), involves using phishing emails impersonating the Income Tax Department of India to trick victims into downloading a malicious archive, ultimately granting the threat

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googlehace 70d

Co-op extraction shooter Hell Express to be published by Arc Games - Gematsu

Co-op extraction shooter Hell Express to be published by Arc Games GematsuRoguelite coop anime shooter Hell Express picks up Arc Games as a publisher Massively OverpoweredStylish isometric co-op shooter Hell Express lands Arc Games as publisher GamesBeatArc Games Signs On As Publisher For Hell Express Bleeding Cool News'Hell Express' Is An Anime-Style Co-Op Extraction Shooter, Publishing Agreements Picked Up By Arc Games - Screens & Trailer Worthplaying

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MNRE, FinMin discuss capex relief for ingot, wafer and polysilicon manufacturing
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MNRE, FinMin discuss capex relief for ingot, wafer and polysilicon manufacturing

"MNRE is now discussing with Ministry of Finance whether it is possible to have a different kind of scheme where capex is given for polysilicon and ingot-wafer projects that were sanctioned under the PLI but could not take off for a variety of reasons,” says MNRE Secretary Santosh Kumar Sarangi

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Orbital raises $60M to modernize real estate law with AI
siliconanglehace 70d

Orbital raises $60M to modernize real estate law with AI

Orbital Witness Ltd., an artificial intelligence platform for real estate law, said today it has raised $60 million in early-stage funding led by New York-based growth fund Brighton Park Capital to grow its market share in the United Kingdom and the United States. New investors in the Series B round included REV, the venture capital [...]The post Orbital raises $60M to modernize real estate law with AI appeared first on SiliconANGLE.

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Microsoft Announces its Maia 200 AI Accelerator for Datacenters
thurrotthace 70d

Microsoft Announces its Maia 200 AI Accelerator for Datacenters

Microsoft today announced its second generation Maia 200, an AI accelerator processor for datacenters that's optimized for inferencing.The post Microsoft Announces its Maia 200 AI Accelerator for Datacenters appeared first on Thurrott.com.

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