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Hurco Unveils Vision To Lead Autonomous Machining Centers With AI, Mechatronics, And Simulation Technologies; Focuses On Operational Efficiency, Strategic Partnerships, And Sustainable Talent Management To Drive Industry 5.0 Innovation And Expand...
With 56% Institutional Ownership, Hurco Companies, Inc. (NASDAQ:HURC) Is a Favorite Amongst the Big Guns
Express News | China provides $1 million emergency assistance to Lebanon
Express News | Spot gold approaching historical highs, golden industrial concept generally rising, gold fields, harmony gold mining up more than 5%, coeur mining, hecla mining up about 4%.
Express News | Hurco Companies: Extends Share Repurchase Program Term by Additional Two Years, Through Nov 10, 2026
U.S. stocks closed | S&P 500 and Nasdaq both rose for the fifth consecutive week, with nvidia up nearly 16% for the week and broadcom up 22% for the week.
The rebound in US consumer confidence, the near four-year low in one-year inflation expectations, the support of the former "Fed's three hands" for a 50 basis point rate cut, and the significant increase in betting on substantial rate cuts by the "Fed's communication agency" and others, have returned to the "fifty-fifty" level. Small cap stocks rose by more than 2% on Friday, chip index rose by 10% over the week, NVIDIA rose by nearly 16% over the week, and Broadcom rose by 22% over the week. The two-year US Treasury yield returned to a two-year low, the yen rose above 141, the highest in nearly nine months, offshore renminbi rose above 7.10 yuan, and bitcoin rose to $0.06 million. Oil prices stopped the multi-week decline, and gold rose by over 3% for the best month in a month.
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