financetom
News
World
Environment
Technology
Politics
Retail
Business
Economy
Market summary >
Editors' picks >
News >
Euro sharpens decline to five-week low on early French elections
Euro sharpens decline to five-week low on early French elections
Jun 10, 2024
Euro declined in European trade on Monday against a basket of major rivals, sharpening losses for the second straight session against the dollar and plumbing five-week lows after the announcement of early French elections. French president Emanuel Macron decided to dissolve the Parliament and call for early elections after the governing party lost the EU elections to the far right....
Gold and Silver Struggling to Push Higher, UST 2Yr Yields Remain Elevated
Gold and Silver Struggling to Push Higher, UST 2Yr Yields Remain Elevated
Jun 10, 2024
Gold and Silver Analysis and Charts First Fed rate cut priced-in at the December meeting.Gold nudges higher but the move looks tepid.Silver now running into resistance. Recommended by Nick Cawley Get Your Free Gold Forecast US rate cut expectations are being pushed back further after Friday’s forecast-beating NFPs showed the US labor market in robust health. The first 25 basis...
Again, Swiss Franc Dominates the Market! Are You Ready to Capitalize on Its Momentum?
Again, Swiss Franc Dominates the Market! Are You Ready to Capitalize on Its Momentum?
Jun 9, 2024
The Swiss currency continues to outperform major and minor currencies The Swiss National Bank intervenes in the exchange market to support the franc Reduced likelihood of Swiss interest rate cuts this year 3 Best Forex Brokers for Trading June 2024 Pepperstone Minimum Deposit: $0 Trade Now Plus500 Minimum Deposit: $100 XM Minimum Deposit: $5 Trade Now In last week's trading,...
Yen skids to week lows as US 10-year treasury yields spike
Yen skids to week lows as US 10-year treasury yields spike
Jun 10, 2024
Yen declined in Asian trade on Monday against a basket of major rivals, sharpening losses for the second straight day against the dollar and plumbing week lows as US treasury yields powered up. Recent strong US labor data hurt the odds of multiple Federal Reserve rate cuts this year as investors await the Feds upcoming policy meeting this week. The...
World >
Market >
Sector Update: Energy Stocks Decline Pre-Bell Monday
Sector Update: Energy Stocks Decline Pre-Bell Monday
Nov 11, 2024
09:25 AM EST, 11/11/2024 (MT Newswires) -- Energy stocks were declining pre-bell Monday as the Energy Select Sector SPDR Fund ( XLE ) recently fell by 0.3%. The United States Oil Fund ( USO ) was down 2.8% and the United States Natural Gas Fund ( UNG ) was 8.9% higher. Front-month US West Texas Intermediate crude oil was 2.5%...
Sector Update: Health Care
Sector Update: Health Care
Nov 11, 2024
08:56 AM EST, 11/11/2024 (MT Newswires) -- Health care stocks were steady premarket Monday as the iShares Biotechnology ETF (IBB) and the Health Care Select Sector SPDR Fund (XLV) were both unchanged recently. Cigna Group ( CI ) shares advanced by over 6% after the company said it is not pursuing a combination with Humana (HUM) and expects to communicate...
Sector Update: Tech Stocks Mixed Premarket Monday
Sector Update: Tech Stocks Mixed Premarket Monday
Nov 11, 2024
09:12 AM EST, 11/11/2024 (MT Newswires) -- Technology stocks were mixed premarket Monday as the Technology Select Sector SPDR Fund (XLK) was up marginally and the SPDR S&P Semiconductor ETF ( XSD ) fell by 2.7% recently. Sapiens International ( SPNS ) shares tumbled more than 22% after the company reported a Q3 revenue that missed analysts' expectations and lowered...
Sector Update: Financial Stocks Advance Premarket Monday
Sector Update: Financial Stocks Advance Premarket Monday
Nov 11, 2024
09:23 AM EST, 11/11/2024 (MT Newswires) -- Financial stocks were advancing premarket Monday with the Financial Select Sector SPDR Fund (XLF) over 1% higher recently. The Direxion Daily Financial Bull 3X Shares ( FAS ) was up 3% and its bearish counterpart Direxion Daily Financial Bear 3X Shares ( FAZ ) was 3% lower. Deutsche Bank ( DB ) fired...
Environment >
Technology >
Personal Finance >
Politics >
Retail >
Business >
Marsh & Mclennan Companies Insider Sold Shares Worth $309,455, According to a Recent SEC Filing
Marsh & Mclennan Companies Insider Sold Shares Worth $309,455, According to a Recent SEC Filing
Mar 11, 2025
04:07 PM EDT, 03/11/2025 (MT Newswires) -- Stacy Mills, Vice President and Controller, on March 10, 2025, sold 1,317 shares in Marsh & Mclennan Companies ( MMC ) for $309,455. Following the Form 4 filing with the SEC, Mills has control over a total of 2,923 common shares of the company, with 2,923 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/62709/000112760225009024/xslF345X05/form4.xml ...
Datadog Insider Sold Shares Worth $11,762,573, According to a Recent SEC Filing
Datadog Insider Sold Shares Worth $11,762,573, According to a Recent SEC Filing
Mar 11, 2025
04:07 PM EDT, 03/11/2025 (MT Newswires) -- Olivier Pomel, Director, Chief Executive Officer, on March 07, 2025, sold 107,365 shares in Datadog ( DDOG ) for $11,762,573. Following the Form 4 filing with the SEC, Pomel has control over a total of 435,793 Class A common shares of the company, with 435,793 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1561550/000156155025000074/xslF345X05/wk-form4_1741723457.xml ...
TowneBank, Village Bank Receive Final Regulatory Approvals for Proposed Merger
TowneBank, Village Bank Receive Final Regulatory Approvals for Proposed Merger
Mar 11, 2025
04:09 PM EDT, 03/11/2025 (MT Newswires) -- TowneBank (TOWN) and Village Bank and Trust Financial ( VBFC ) said Tuesday they have received approval from the Federal Deposit Insurance Corp. and the Virginia State Corporation Commission for their proposed merger. The deal is expected to close in early April, they said. The latest approvals were the final regulatory hurdles the...
Hedge funds speed up de-risking, with focus on industrials
Hedge funds speed up de-risking, with focus on industrials
Mar 11, 2025
NEW YORK, March 11 (Reuters) - Global hedge funds accelerated the unwinding of stock positions on Monday, mainly in the industrial sector, as they seek to reduce risk amid a selloff in U.S. stocks, according to Goldman Sachs ( GS ) notes. The bank said in a note that the de-risking had accelerated from Friday, a trend it had previously...
Economy >
Cryptocurrency >
MicroStrategy Announces First Bitcoin Purchase With BTC Prices Above $100K
MicroStrategy Announces First Bitcoin Purchase With BTC Prices Above $100K
Dec 16, 2024
Michael Saylor, MicroStrategys BTC champion, has announced another massive bitcoin purchase from the company he co-founded, which is actually the first with the assets price above $100,000. Interestingly, Peter Schiff was quick to intercept the announcement with another criticism against Saylor, his company, and BTC. MicroStrategy has acquired 15,350 BTC for ~$1.5 billion at ~$100,386 per #bitcoin and has achieved...
Cardano Price Analysis: This Resistance Blocks ADA’s Path Toward $2
Cardano Price Analysis: This Resistance Blocks ADA’s Path Toward $2
Dec 16, 2024
Cardano’s price has been following Bitcoin over the past few weeks but is yet to create a new record high. Yet, it might do so soon if it is able to take out this one significant obstacle. By Edris Derakhshi (TradingRage) The USDT Paired Chart On the ADA/USDT chart, the asset has been surging almost vertically, breaking above several resistance...
Dormant PEPE Wallet Awakens: 2.1 Trillion Tokens Moved Amid Crypto Rally
Dormant PEPE Wallet Awakens: 2.1 Trillion Tokens Moved Amid Crypto Rally
Dec 16, 2024
Whales are making huge profits amidst another market-wide rally, with a recent PEPE transaction demonstrating the staggering potential of meme coin investments. Lookonchain revealed that the PEPE whale fetched an extraordinary return on investment. After being dormant for 600 days, the entity transferred all 2.1 trillion PEPE tokens, which are worth around $52 million, to a new address. What makes...
Here’s What Needs to Happen for ETH to Break its All
Here’s What Needs to Happen for ETH to Break its All
Dec 16, 2024
After facing rejection at the critical $4K resistance and retracing to the $3.5K support level, Ethereum witnessed a strong resurgence of buying pressure, triggering another impulsive rally. The price has once again approached the $4K resistance, where a potential breakout could ignite a short-squeeze, driving Ethereum higher. Technical Analysis By Shayan The Daily Chart Ethereum recently faced a rejection at...
Forex >
Copyright 2023-2026 - www.financetom.com All Rights Reserved