financetom
News
World
Environment
Technology
Politics
Retail
Business
Economy
Market summary >
Editors' picks >
News >
Australian Dollar Holds Up Against USD Despite Tepid Retail Sales Data
Australian Dollar Holds Up Against USD Despite Tepid Retail Sales Data
May 28, 2024
Australian Dollar Analysis and Chart Recommended by David Cottle Get Your Free AUD Forecast The Australian Dollar crept higher again against its big brother from the United States on Tuesday as broad risk appetite overcame some underwhelming Aussie economic data. Retail sales for April limped in with a 0.1% rise. Admittedly that was much better than the 0.4% slide seen...
Market Latest – Nvidia (NVDA) Surge Helps the Nasdaq 100 Post a Fresh Record High
Market Latest – Nvidia (NVDA) Surge Helps the Nasdaq 100 Post a Fresh Record High
May 29, 2024
Nvidia (NVDA), Nasdaq 100, US Dollar Charts and Analysis Nvidia now worth USD2.8 trillion after latest rally.US dollar and gold tread water ahead of Friday’s Core PCE release. Recommended by Nick Cawley Get Your Free USD Forecast For all economic data releases and events see the DailyFX Economic Calendar Nvidia's stock surged by 7% overnight as the AI chip behemoth...
Aussie gains ground after hot Australiann inflation data
Aussie gains ground after hot Australiann inflation data
May 28, 2024
The Australian dollar rose in Asian trade on Wednesday against a basket of major rivals, resuming gains following hot inflation data. Such data heaped pressure on the RBAs policymakers, and hurt the odds of Australian rate cuts this year. The Price The AUD/USD rose 0.3% today to 0.6666, with a session-low at 0.6639. The pair lost 0.1% on Tuesday, the...
Yen moves in a positive zone as Japanese treasury yields rally
Yen moves in a positive zone as Japanese treasury yields rally
May 27, 2024
Yen gained ground in Asian trade on Tuesday against a basket of major rivals, extending gains for the second straight session against the US dollar and moving away from three-week lows. Yens movements come as Japans 10-year treasury yields rallied, while US 10-year yields fell, in turn reducing concerns about the widening yield gap. Japans finance minister recently issued warnings...
World >
Market >
US Equity Markets End Higher as Slowing Jobs Growth Fuels Rate Cut Expectations
US Equity Markets End Higher as Slowing Jobs Growth Fuels Rate Cut Expectations
Sep 4, 2025
04:13 PM EDT, 09/04/2025 (MT Newswires) -- US equity indexes ended higher on Thursday as slower private sector job growth fueled bets for deeper rate cuts. * The ADP payrolls report showed that private employment rose by 54,000 in August, below consensus estimates of a 75,000 increase and lower than July's revised gain of 106,000. * Initial jobless claims increased...
Sector Update: Health Care
Sector Update: Health Care
Sep 4, 2025
03:22 PM EDT, 09/04/2025 (MT Newswires) -- Health care stocks rose late Thursday afternoon, with the NYSE Health Care Index up 0.2% and the Health Care Select Sector SPDR Fund (XLV) adding 0.4%. The iShares Biotechnology ETF (IBB) was decreasing 0.2%. In corporate news, the US House Committee on Oversight and Government Reform has opened an investigation into CVS Health...
TSX Closer: Ninth Record Close In 10 Sessions
TSX Closer: Ninth Record Close In 10 Sessions
Sep 4, 2025
04:06 PM EDT, 09/04/2025 (MT Newswires) -- The Toronto Stock Exchange on Thursday posted its ninth record close in the last 10 sessions, boosted by commentary on the Canadian economy from the likes of CIBC, which said that overall, it looks like net trade will be a positive for GDP in the third quarter, though it did add growth will...
US Equity Indexes Rise Amid Private Sector Jobs, Economic Activity Reports
US Equity Indexes Rise Amid Private Sector Jobs, Economic Activity Reports
Sep 4, 2025
03:37 PM EDT, 09/04/2025 (MT Newswires) -- US equity indexes rose ahead of the close on Thursday amid slower private sector job growth data and expansion of economic activity in the services sector. The Nasdaq Composite rose 0.73% to 21,654.8, with the S&P 500 up 0.66% to 6,490.5 and the Dow Jones Industrial Average up 0.72% to 45,595.3. The majority...
Environment >
Technology >
Informatica, Salesforce Expand Partnership; Combine Data-Management, Customer Relationship Platforms
Informatica, Salesforce Expand Partnership; Combine Data-Management, Customer Relationship Platforms
May 26, 2025
09:33 AM EDT, 05/14/2025 (MT Newswires) -- Informatica ( INFA ) said Wednesday that it will expand its partnership with Salesforce ( CRM ) by integrating its Intelligent Data Management Cloud platform with the customer-relationship management software firm's Agentforce digital labor platform. Financial terms of the new alliance were not disclosed. Informatica ( INFA ) said its data management system...
Deep Dive Into Rigetti Computing Stock: Analyst Perspectives (5 Ratings)
Deep Dive Into Rigetti Computing Stock: Analyst Perspectives (5 Ratings)
May 26, 2025
Ratings for Rigetti Computing ( RGTI ) were provided by 5 analysts in the past three months, showcasing a mix of bullish and bearish perspectives. The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total...
The Analyst Verdict: Silicon Laboratories In The Eyes Of 6 Experts
The Analyst Verdict: Silicon Laboratories In The Eyes Of 6 Experts
May 26, 2025
Silicon Laboratories ( SLAB ) has been analyzed by 6 analysts in the last three months, revealing a diverse range of perspectives 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....
Tower Semiconductor forecasts quarterly revenue above estimates on steady wireless chip demand
Tower Semiconductor forecasts quarterly revenue above estimates on steady wireless chip demand
May 26, 2025
May 14 (Reuters) - Contract chipmaker Tower Semiconductor forecast second-quarter revenue above Wall Street estimates on Wednesday, driven by strong demand for wireless communication and power management chips. The Israel-based company specializes in analog and mixed-signal semiconductor manufacturing, catering to industries such as automotive, industrial, consumer electronics and communications. While demand from key industries such as automotive has been choppy...
Personal Finance >
Politics >
Retail >
Business >
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Mitsubishi Corp in talks for $8 billion US shale acquisition, source says
Mitsubishi Corp in talks for $8 billion US shale acquisition, source says
Jun 16, 2025
June 16 (Reuters) - Mitsubishi Corp ( MSBHF ) is in talks to acquire the U.S. shale production and pipeline assets of Aethon Energy Management for roughly $8 billion, a person familiar with the matter said on Monday. A deal would give the Japanese conglomerate a substantial natural gas operation adjacent to the U.S. Gulf coast and the energy export...
SoftBank Moves To Raise $4.9 Billion With Overnight T-Mobile Block Sale— Stock Drops 4% After Hours As Investors Digest Discount
SoftBank Moves To Raise $4.9 Billion With Overnight T-Mobile Block Sale— Stock Drops 4% After Hours As Investors Digest Discount
Jun 16, 2025
Japan’s SoftBank Group Corp. (OTC:SFTBY) is reportedly looking to raise $4.9 billion via a sizable overnight stake sale. What Happened: On Tuesday, it was revealed that the Japanese investment holding company would be raising these funds via an unregistered overnight block sale of its stake in T Mobile US Inc. ( TMUS ) , according to a report by Bloomberg...
SoftBank raises $4.8 billion from T-Mobile block trade, term sheet shows
SoftBank raises $4.8 billion from T-Mobile block trade, term sheet shows
Jun 16, 2025
SYDNEY (Reuters) -Japan's SoftBank has raised $4.8 billion from a sale of 21.5 million T-Mobile shares at $224 each, according to a term sheet reviewed by Reuters. The shares were offered in a price range of $224 to $228 each, the term sheet said, a discount to T-Mobile's closing price on Monday of $230.99. ...
Economy >
Cryptocurrency >
Vitalik Buterin Proposes Roadmap to Boost Ethereum User Privacy
Vitalik Buterin Proposes Roadmap to Boost Ethereum User Privacy
Apr 10, 2025
In a post on Ethereum Magicians on April 11, the mathematician proposed a roadmap that focuses on making private transactions and anonymous onchain interactions more accessible and natural for everyday users without needing major changes to the network’s core protocol. The proposed roadmap covers four primary key forms of privacy: privacy of onchain payments, partial anonymization of onchain activity inside...
Bitwise CIO: Bitcoin Primed for Historic Rally After Market Turmoil
Bitwise CIO: Bitcoin Primed for Historic Rally After Market Turmoil
Apr 10, 2025
Bitcoin (BTC) has weathered one of its most volatile periods in recent months, yet top analysts remain unfazed. According to Matt Hougan, Chief Investment Officer at the $12 billion asset manager Bitwise, BTC isn’t just surviving; it’s preparing for an unprecedented surge. Bitcoin Poised for Liftoff “Bitcoin bulls should be inspired by its performance,” Hougan declared in a recent analysis....
Crypto Price Analysis April
Crypto Price Analysis April
Apr 11, 2025
This week, we examine Ethereum, Ripple, Cardano, Solana, and Binance Coin in greater detail. Ethereum (ETH) Ethereum continues to make new lows this year with the price touching $1,400 briefly on Wednesday before buyers returned. The asset closed the week with a 14% loss. While the support at $1,400 seems to hold for now, the momentum for Ethereum remains firmly...
Binance Continues to Lead Spot Trading Volume Despite Market Correction
Binance Continues to Lead Spot Trading Volume Despite Market Correction
Apr 10, 2025
For the last two months, cryptocurrencies have been in correction mode, with spot trading volume for bitcoin (BTC) and altcoins declining by tens of billions of dollars. Despite this plunge in spot trading volume, the world’s largest crypto exchange, Binance, has continued to lead other platforms, with its share of spot volume increasing by the end of the first quarter....
Forex >
Copyright 2023-2026 - www.financetom.com All Rights Reserved