financetom
News
World
Environment
Technology
Politics
Retail
Business
Economy
Market summary >
Editors' picks >
News >
Yen skids to three-month trough as Japanese governing coalition loses majority
Yen skids to three-month trough as Japanese governing coalition loses majority
Oct 28, 2024
The Japanese yen skidded in Asian trade on Monday to three-month lows against the US dollar, after the election loss by the current Japanese parliamentary governing coalition, which could impede future interest rate hikes by the Bank of Japan. The yen is also pressured by a surge in US 10-year treasury yields, amid speculation about a cautious stance by the...
Euro hits one-week high ahead of German inflation data
Euro hits one-week high ahead of German inflation data
Oct 30, 2024
Euro rose in European trade on Wednesday on track for the third profit in a row against the US dollar, hitting a week high after data showed Spanish inflation rose past estimates in October, renewing the pressure on the European Central Bank. The odds of a 0.25% ECB interest rate cut in December dipped, with investors now waiting for official...
Aussie skids to 2-1/5 month low as inflation cools
Aussie skids to 2-1/5 month low as inflation cools
Oct 30, 2024
The Australian dollar tumbled in Asian trade on Wednesday to 2-⅕ month lows against the US dollar, sharpening the decline for the fourth straight session after inflation in Australia cooled to three-year lows, reducing the pressure on the Reserve Bank of Australia. The new data boosted the odds of an interest rate cut by the RBA in December, as investors...
Yen skids to three-month low as the gap in treasury yields widens
Yen skids to three-month low as the gap in treasury yields widens
Oct 26, 2024
The yen fell in European trade on Wednesday against a basket of major rivals, sharpening the losses for the third straight session against the US dollar and hitting three-month lows amid concerns about a wider US-Japan gap in government treasury yields. Recent bearish remarks from Japanese officials hurt the odds of a third BOJ interest rate hike this year, while...
World >
Market >
US STOCKS-S&P 500, Nasdaq scale record highs as Nvidia lengthens its lead
US STOCKS-S&P 500, Nasdaq scale record highs as Nvidia lengthens its lead
Jun 20, 2024
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window) * Dell, Super Micro providing server racks for xAI's supercomputer * Kroger ( KR ) reaffirms FY forecasts amid consumer spending pressure * Indexes mixed: Dow up 0.22%, S&P up 0.06%, Nasdaq flat (Updated at 11:59 a.m. ET) By Shubham...
US STOCKS-S&P 500 notches record high as Nvidia rally continues
US STOCKS-S&P 500 notches record high as Nvidia rally continues
Jun 20, 2024
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window) * Nvidia ( NVDA ) hits all-time high * Dell, Super Micro providing server racks for xAI's supercomputer * Accenture ( ACN ) gains as annual revenue growth forecast tops estimates * Indexes up: Dow 0.28%, S&P 0.54%, Nasdaq 0.29%...
TREASURIES-US yields rise on further consolidation ahead of massive supply next week
TREASURIES-US yields rise on further consolidation ahead of massive supply next week
Jun 20, 2024
* U.S. housing starts fall, Philly Fed index declines * U.S. yield curve reduced inversion * U.S. rate futures price in between one to two cuts this year * Focus on $21 billion U.S. five-year TIPS auction (Recasts with market rise; adds analyst comment, Philly Fed data, more details about reports, bullets, byline; updates prices) By Gertrude Chavez-Dreyfuss NEW YORK,...
US Benchmark Stock Indexes Mixed in Midday Trading
US Benchmark Stock Indexes Mixed in Midday Trading
Jun 20, 2024
12:39 PM EDT, 06/20/2024 (MT Newswires) -- US equity indexes traded mixed while most government bond yields rose after weekly jobless claims and housing starts for May declined. The S&P 500 declined less than 0.1% to 5,482.3. The index posted a record close on Tuesday for the 31st time this year, a note from D.A. Davidson said. The Dow Jones...
Environment >
Technology >
Industry Comparison: Evaluating Analog Devices Against Competitors In Semiconductors & Semiconductor Equipment Industry
Industry Comparison: Evaluating Analog Devices Against Competitors In Semiconductors & Semiconductor Equipment Industry
Mar 28, 2024
In the fast-paced and cutthroat world of business, conducting thorough company analysis is essential for investors and industry experts. In this article, we will undertake a comprehensive industry comparison, evaluating Analog Devices ( ADI ) in comparison to its major competitors within the Semiconductors & Semiconductor Equipment industry. By analyzing crucial financial metrics, market position, and growth potential, our objective...
Competitor Analysis: Evaluating Adobe And Competitors In Software Industry
Competitor Analysis: Evaluating Adobe And Competitors In Software Industry
Mar 28, 2024
In the fast-paced and highly competitive business world of today, conducting thorough company analysis is essential for investors and industry observers. In this article, we will conduct an extensive industry comparison, evaluating Adobe in relation to its major competitors in the Software industry. Through a detailed examination of key financial metrics, market standing, and growth prospects, our objective is to...
Analyst Expectations For Bentley Systems's Future
Analyst Expectations For Bentley Systems's Future
Mar 28, 2024
During the last three months, 5 analysts shared their evaluations of Bentley Systems ( BSY ) , revealing diverse outlooks from bullish to bearish. The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective. Bullish Somewhat...
Gaming Industry Layoffs: Nintendo Confirms Testing Department Cuts
Gaming Industry Layoffs: Nintendo Confirms Testing Department Cuts
Mar 28, 2024
Nintendo ( NTDOF ) of America is undergoing significant changes in its testing department amidst a reported slowdown in game development and the apparent delay of the Switch 2. According to a report by Kotaku, Nintendo ( NTDOF ) has confirmed a restructuring of its internal testing, involving the termination of some contractor assignments and the creation of new full-time...
Personal Finance >
Politics >
Govt blames inaction by AAP in Punjab, Delhi for bad air quality
Govt blames inaction by AAP in Punjab, Delhi for bad air quality
Nov 6, 2023
Accusing Kejriwal of being busy with election campaigning in poll-bound states and waking up to the situation late, Minister of State for Consumer Affairs, Food, and Public Distribution, Ashwini Kumar Choubey, said that the Centre had held a meeting with Chief Secretaries and senior officials from four North Indian states on 20th October to discuss measures to reduce air pollution, which he claims weren't adopted by the AAP-led governments.
Rajasthan: Gehlot government begins Rs 2,500 cr dam project for Sabarmati, Sei rivers ahead of polls
Rajasthan: Gehlot government begins Rs 2,500 cr dam project for Sabarmati, Sei rivers ahead of polls
Mar 1, 2023
On Tuesday, the Gehlot government invited bids for both projects to build the dams within the next four years. The chief minister had announced both projects in last year’s budget.
ED attaches over Rs 10-crore assets in resort scam involving ex-Maha minister Anil Parab
ED attaches over Rs 10-crore assets in resort scam involving ex-Maha minister Anil Parab
Jan 4, 2023
The probe pertains to Dapoli resort, which is allegedly illegal. The former minister and Shiv Sena (Uddhav) leader, Anil Parab, allegedly wangled a permit to use land meant for agricultural use. The ED had started the investigation under the the Prevention of Money Laundering Act (PMLA) after a complaint from the Environment Ministry.
Brahmapuram waste plant fire: Kerala Assembly witnesses uproarious scenes, LoP says CM running away from issue
Brahmapuram waste plant fire: Kerala Assembly witnesses uproarious scenes, LoP says CM running away from issue
Mar 13, 2023
A fire that broke out at the waste treatment plant in Kochi on March 2, 2023, continues to spread toxic fumes even after 11 days of the incident. The Kerala government has said that 95 percent of the fire has been extinguished, but the smoke from the landfill has not entirely subsided. 
Retail >
Business >
Analysis-How Trump's Mexico tariffs could hurt Europe's auto industry
Analysis-How Trump's Mexico tariffs could hurt Europe's auto industry
Nov 26, 2024
LONDON (Reuters) - Donald Trump's pledge to slap tariffs on imports to the U.S. from Mexico could be more damaging for European car makers like Volkswagen and Stellantis ( STLA ) and their suppliers than any direct tariffs on EU goods, according to data, analysts and experts. U.S. president-elect Trump said he would impose a 25% duty on imports from...
Dick's Sporting Goods Lifts Outlook After Third-Quarter Beat; Retailer Upbeat on Holiday Shopping
Dick's Sporting Goods Lifts Outlook After Third-Quarter Beat; Retailer Upbeat on Holiday Shopping
Nov 26, 2024
11:03 AM EST, 11/26/2024 (MT Newswires) -- Dick's Sporting Goods (DKS) on Tuesday reported better-than-expected fiscal third-quarter results and raised its full-year outlook as the sporting goods retailer expressed optimism for the key holiday shopping season. Adjusted earnings fell to $2.75 per share during the three months ended Nov. 2 from $2.85 a year earlier. Analysts polled by FactSet expected...
--Evolv Technology, FTC Reach Tentative Settlement Over Product Claims for Weapons Detection at Schools; Shares Fall
--Evolv Technology, FTC Reach Tentative Settlement Over Product Claims for Weapons Detection at Schools; Shares Fall
Nov 26, 2024
11:00 AM EST, 11/26/2024 (MT Newswires) -- Price: 3.33, Change: -0.03, Percent Change: -0.89 ...
Market Chatter: Couche-Tard Confident In Persistent But Friendly Approach to Bid for 7-Eleven Owner
Market Chatter: Couche-Tard Confident In Persistent But Friendly Approach to Bid for 7-Eleven Owner
Nov 26, 2024
11:03 AM EST, 11/26/2024 (MT Newswires) -- Alimentation Couche-Tard Inc.'s ( ANCTF ) chief executive says the company is taking a persistent but friendly approach with the Japanese owner of the 7-Eleven convenience store chain it's trying to acquire, The Canadian Press is reporting Tuesday. Alex Miller said Tuesday that he remains confident in that approach and the Laval, Que.-based...
Economy >
Cryptocurrency >
Forex >
Copyright 2023-2025 - www.financetom.com All Rights Reserved