financetom
News
World
Environment
Technology
Politics
Retail
Business
Economy
Market summary >
Editors' picks >
News >
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 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 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...
World >
Market >
Sector Update: Energy
Sector Update: Energy
Apr 4, 2024
01:30 PM EDT, 04/04/2024 (MT Newswires) -- Energy stocks were higher Thursday afternoon, with the NYSE Energy Sector Index rising 0.4% and the Energy Select Sector SPDR Fund (XLE) up 0.3%. The Philadelphia Oil Service Sector index was shedding 0.1%, while the Dow Jones US Utilities index added 0.2%. Front-month West Texas Intermediate crude oil was declining 0.4% to $85.12...
TREASURIES-US yields drift lower after soft data, ahead of payrolls
TREASURIES-US yields drift lower after soft data, ahead of payrolls
Apr 4, 2024
NEW YORK, April 4 (Reuters) - U.S. Treasury yields slipped on Thursday after hitting multi-month highs the previous session, as labor market data showed some weakness, which supported expectations that the Federal Reserve could cut interest rates multiple times this year. Bond investors also balanced their positions ahead Friday's nonfarm payrolls report for March, which will be a major factor...
US Equity Indexes Rise as Jobless Claims Jump to Highest Since January
US Equity Indexes Rise as Jobless Claims Jump to Highest Since January
Apr 4, 2024
12:25 PM EDT, 04/04/2024 (MT Newswires) -- US equity indexes rose in midday trading on Thursday after weekly initial jobless claims increased more than forecast. The S&P 500 climbed 0.8% to 5,254.1, with the Nasdaq Composite up 1.1% to 16,456.3 and the Dow Jones Industrial Average 0.5% higher at 39,327.3. All sectors were in the green intraday, with technology, consumer...
Sector Update: Financial
Sector Update: Financial
Apr 4, 2024
01:26 PM EDT, 04/04/2024 (MT Newswires) -- Financial stocks were advancing in Thursday afternoon trading, with the NYSE Financial Index rising 0.9% and the Financial Select Sector SPDR Fund (XLF) ahead 0.7%. The Philadelphia Housing Index added 0.4% and the Real Estate Select Sector SPDR Fund (XLRE) was up 0.6%. Bitcoin (BTC-USD) was increasing 2.9% to $67,886, and the yield...
Environment >
Technology >
Personal Finance >
Politics >
Retail >
Business >
Outset Medical Q3 revenue rises 3%, lowers 2025 guidance
Outset Medical Q3 revenue rises 3%, lowers 2025 guidance
Nov 10, 2025
Overview * Outset Medical ( OM ) Q3 revenue grows 3% to $29.4 mln, driven by Tablo console sales * Company revises 2025 revenue guidance to $115-120 mln, down from $122-126 mln * Operating expenses decline nearly 20% yr/yr, aiding path to profitability Outlook * Outset revises 2025 revenue guidance to $115 mln-$120 mln from $122 mln-$126 mln * Company...
T-Mobile US Insider Bought Shares Worth $1,977,836, According to a Recent SEC Filing
T-Mobile US Insider Bought Shares Worth $1,977,836, According to a Recent SEC Filing
Nov 10, 2025
04:36 PM EST, 11/10/2025 (MT Newswires) -- Srini Gopalan, Director, President and CEO, on November 06, 2025, executed a purchase for 9,800 shares in T-Mobile US ( TMUS ) for $1,977,836. Following the Form 4 filing with the SEC, Gopalan has control over a total of 90,258 common shares of the company, with 90,258 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1283699/000128369925000162/xslF345X05/wk-form4_1762810429.xml...
Brookfield Renewable Partners Down In US After Hours As Moves To Raise US$650 Million Through Equity Offering and Private Placement
Brookfield Renewable Partners Down In US After Hours As Moves To Raise US$650 Million Through Equity Offering and Private Placement
Nov 10, 2025
04:35 PM EST, 11/10/2025 (MT Newswires) -- Brookfield Renewable Partners (BEP-UN.TO, BEPC) was at last look down about 0.9% in US after hours Monday as it moved to raise about US$650 million through a public equity offering and a concurrent private placement to fund recent and future investments, including its expanded stake in South American power producer Isagen. The company...
Baker Hughes commits investment in Glenfarne Alaska LNG project
Baker Hughes commits investment in Glenfarne Alaska LNG project
Nov 10, 2025
Nov 10 (Reuters) - Baker Hughes ( BKR ) has committed to invest in Glenfarne Alaska LNG to support the project, the company said on Monday. The energy company also said it will supply Glenfarne with refrigerant compressors for the LNG terminal and power generation equipment for the North Slope gas treatment plant. Phase two of the project will add...
Economy >
Cryptocurrency >
Forex >
Copyright 2023-2026 - www.financetom.com All Rights Reserved