financetom
News
World
Environment
Technology
Politics
Retail
Business
Economy
Market summary >
Editors' picks >
News >
Euro rebounds ahead of major eurozone data
Euro rebounds ahead of major eurozone data
Oct 27, 2024
The euro rose in European trade on Thursday against a basket of major rivals after a wave of losses across three sessions, with the euro eventually settling above 3-⅕ month lows against the US dollar. It comes ahead of major data on the eurozone sectors later today, which would shed important light on the health of the European economy in...
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...
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...
US dollar heads for fresh weekly profit
US dollar heads for fresh weekly profit
Oct 26, 2024
The US dollar rose in European trade on Friday against a basket of major rivals, resuming gains after a short hiatus, and approaching three-month highs once more. The gains come amid a surge in US 10-year treasury yields after bullish remarks from some Fed officials, and strong US data, which hurt the odds of an aggressive pace for US interest...
World >
Market >
US Equity Indexes Jump as Weakness in Consumer Confidence, Retail Sales Help Rate-Cut Bets Fly High
US Equity Indexes Jump as Weakness in Consumer Confidence, Retail Sales Help Rate-Cut Bets Fly High
Nov 25, 2025
05:03 PM EST, 11/25/2025 (MT Newswires) -- US equity indexes rose on Tuesday as the odds of the third consecutive interest-rate cut in December remained elevated following a worsening in consumer confidence, retail sales, and labor market data. The Dow Jones Industrial Average jumped 1.4% to 47,112.45, with the S&P 500 up 0.9% to 6,765.88 and the Nasdaq Composite 0.7%...
Dell, Kohl's Corp, Zscaler, Workday And Autodesk: Why These 5 Stocks Are On Investors' Radars Today
Dell, Kohl's Corp, Zscaler, Workday And Autodesk: Why These 5 Stocks Are On Investors' Radars Today
Nov 25, 2025
The U.S. markets closed higher, with the Nasdaq up 0.67% to 23,025.59 and the S&P 500 advancing 0.9% to 6,765.88. The Dow Jones Industrial Average climbed 1.43% to 47,112.45. These are the top stocks that gained the attention of retail traders and investors through the day: Dell Technologies Inc. ( DELL ) Dell Technologies ( DELL ) saw its stock...
US STOCKS-Wall Street ends higher as Federal Reserve rate cut bets gather momentum
US STOCKS-Wall Street ends higher as Federal Reserve rate cut bets gather momentum
Nov 25, 2025
(Recasts with preliminary close of trading, adds analyst comment) * Alphabet up after report on talks with Meta to supply AI chips * Retail sales, producer prices, consumer confidence reports released * Kohl's and Abercrombie boost S&P Retail index By Stephen Culp NEW YORK, Nov 25 (Reuters) - Wall Street extended its rally on Tuesday as a spate of economic...
US Equity Markets Close Higher Amid Rising Odds of December Fed Rate Cut
US Equity Markets Close Higher Amid Rising Odds of December Fed Rate Cut
Nov 25, 2025
04:09 PM EST, 11/25/2025 (MT Newswires) -- US equity indexes closed higher Tuesday amid growing expectations of a Federal Reserve interest rate cut in December following declines in consumer confidence and retail sales. * The likelihood of a 25-basis-point interest rate cut in December rose to 83.8%, according to the CME FedWatch Tool. * US consumer confidence fell in November,...
Environment >
Technology >
Personal Finance >
Politics >
Retail >
Business >
Update: Air Canada Loses 9% as It Reaffirms 2024 Guidance and Releases 2025 Forecast Ahead of Investor Day
Update: Air Canada Loses 9% as It Reaffirms 2024 Guidance and Releases 2025 Forecast Ahead of Investor Day
Dec 17, 2024
11:45 AM EST, 12/17/2024 (MT Newswires) -- (Updates shares.) Air Canada ( ACDVF ) on Tuesday reaffirmed its 2024 full-year guidance and released its 2025 full-year guidance, 2028 key financial targets and 2030 aspirations ahead of its 2024 Investor Day. Adjusted EBITDA for 2024 is expected to be around $3.5 billion. Adjusted EBITDA for 2025 is forecast at $3.4 billion...
Update: Fuji Soft Expresses Support for KKR's Second Tender Offer
Update: Fuji Soft Expresses Support for KKR's Second Tender Offer
Dec 17, 2024
11:43 AM EST, 12/17/2024 (MT Newswires) -- (Updates with Bain Capital Japan's response in the fourth paragraph.) KKR's (KKR) second tender offer for Fuji Soft's common shares and share options received the Japanese IT company's support despite a new offer from Bain Capital, according to a Fuji Soft statement Tuesday that was translated from Japanese. Bain Capital increased its offer...
Update: Westgold Resources Up 4% as It Releases Scoping Study for a Potential Fortnum Gold Operation Expansion
Update: Westgold Resources Up 4% as It Releases Scoping Study for a Potential Fortnum Gold Operation Expansion
Dec 17, 2024
11:41 AM EST, 12/17/2024 (MT Newswires) -- Westgold Resources ( WGXRF ) late Monday provided a summary of a scoping study evaluating the potential expansion of the Fortnum gold operation in Western Australia. The scoping study identified a potential 10-year mine plan that includes the Starlight, Nathan's and Yarlarweelor open pits and an expansion of the existing Starlight underground operation....
Exelixis Risk/Reward Now 'More Balanced' With 2025 Catalysts Priced In, BofA Says
Exelixis Risk/Reward Now 'More Balanced' With 2025 Catalysts Priced In, BofA Says
Dec 17, 2024
11:49 AM EST, 12/17/2024 (MT Newswires) -- Exelixis' ( EXEL ) risks and reward now look more balanced following the stock's recent 37% gain driven by a win in Cabometyx intellectual property dispute and favorable Q3 results, BofA Securities said in a note Tuesday. With Cabo approaching a more mature stage of its product life cycle, our focus has largely...
Economy >
Cryptocurrency >
Metaplanet Makes Another Bitcoin (BTC) Acquisition Worth $6.9 Million
Metaplanet Makes Another Bitcoin (BTC) Acquisition Worth $6.9 Million
Oct 2, 2024
Japanese investment firm Metaplanet Inc. has announced the acquisition of an additional 107.913 BTC worth approximately a billion yen ($6.9 million). This brings the company’s total Bitcoin holdings to 506.745 BTC, valued at roughly $32.2 million based on current market prices. Metaplanet Stock Soars 2% The Tokyo-listed firm disclosed that the latest purchase was made at an average price of...
EigenLayer (EIGEN) Debuts on Major Exchanges: Details
EigenLayer (EIGEN) Debuts on Major Exchanges: Details
Oct 2, 2024
One of the most heavily-discussed and anticipated token launches of 2024 took place a few hours ago. Of course, were talking about EIGEN the native cryptocurrency behind the most popular Ethereum restaking protocol, EigenLayer. EIGEN Debuts at $7bn Fully-Diluted Market Cap In an official announcement, the Eigen Foundation revealed the unlocking event of EIGEN. 1/ We’re thrilled to announce the...
Bitcoin Records Best September in a Decade, What Will Happen in ‘Uptober’? 
Bitcoin Records Best September in a Decade, What Will Happen in ‘Uptober’? 
Oct 2, 2024
September is often dubbed ‘Slumptember’ as Bitcoin and crypto assets have historically recorded losses during this month with the odd exception. However, this September ended with the best performance, as noted by analyst Rekt Capital on Sept. 30. He reported that BTC increased by 7.75% in September, beating its previous record of 6% in 2016. Moreover, eight of the previous...
Bitcoin Could See Further Gains, But On
Bitcoin Could See Further Gains, But On
Oct 2, 2024
The past week has been positive for bitcoin (BTC), with the asset breaking through its August 25 local top of $65,200 after multiple previous rejections. While BTC is currently trading below the $65,000 range and could record more gains, analysts say there are warning signs. According to a Bitfinex report, there is a lack of spot market aggression, indicating faded...
Forex >
Copyright 2023-2026 - www.financetom.com All Rights Reserved