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...
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...
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 >
Equity Markets Rise Intraday; Oil Slumps
Equity Markets Rise Intraday; Oil Slumps
Oct 28, 2024
02:19 PM EDT, 10/28/2024 (MT Newswires) -- US benchmark equity indexes were higher after midday Monday as investors awaited mega-cap technology earnings due later in the week, while oil prices plunged. The Dow Jones Industrial Average was up 0.8% at 42,430.4 intraday, while the Nasdaq Composite rose 0.6% to 18,621.6. The S&P 500 gained 0.4% to 5,833.9. Barring energy, all...
Sector Update: Health Care
Sector Update: Health Care
Oct 28, 2024
01:38 PM EDT, 10/28/2024 (MT Newswires) -- Health care stocks were edging higher Monday afternoon, with the NYSE Health Care Index and the Health Care Select Sector SPDR Fund (XLV) each rising 0.2%. The iShares Biotechnology ETF (IBB) was adding 0.8%. In corporate news, AbbVie ( ABBV ) shares rose 0.9% after the company said it agreed to buy Aliada...
Sector Update: Energy
Sector Update: Energy
Oct 28, 2024
09:04 AM EDT, 10/28/2024 (MT Newswires) -- Energy stocks were declining premarket Monday as the Energy Select Sector SPDR Fund (XLE) was 2.4% lower recently. The United States Oil Fund (USO) was down 6.4% and the United States Natural Gas Fund (UNG) was 6.5% lower. Front-month US West Texas Intermediate crude oil was 6.6% lower at $67.04 per barrel at...
US Equity Indexes Rise on Bullish Outlook for Big Tech
US Equity Indexes Rise on Bullish Outlook for Big Tech
Oct 28, 2024
02:16 PM EDT, 10/28/2024 (MT Newswires) -- US equity indexes rose Monday on bullish expectations for earnings from giant tech companies, and most government bond yields gained. The S&P 500 advanced 0.4% to 5,832.1 after midday, the Nasdaq Composite rose 0.6% to 18,622.2, and the Dow Jones Industrial Average climbed 0.7% to 42,426.5. Among sectors, financials and utilities led the...
Environment >
Technology >
Personal Finance >
Politics >
Retail >
Business >
Paylocity Fiscal Q1 Non-GAAP Earnings, Revenue Increase; Fiscal 2026 Revenue Guidance Raised
Paylocity Fiscal Q1 Non-GAAP Earnings, Revenue Increase; Fiscal 2026 Revenue Guidance Raised
Nov 4, 2025
05:12 PM EST, 11/04/2025 (MT Newswires) -- Paylocity ( PCTY ) reported fiscal Q1 non-GAAP earnings late Tuesday of $1.75 per diluted share, up from $1.66 a year earlier. Analysts polled by FactSet expected $1.57. Revenue for the quarter ended Sept. 30 was $408.2 million, up from $363 million a year earlier. Analysts surveyed by FactSet expected $400.5 million. The...
Cumberland Pharmaceuticals' Q3 revenue declines to $8.3 mln
Cumberland Pharmaceuticals' Q3 revenue declines to $8.3 mln
Nov 4, 2025
Overview * Cumberland Q3 2025 revenue was $8.3 mln, reflecting a decline from last year * Company reports Q3 net loss of $1.9 mln * Cumberland partners with RedHill to commercialize Talicia, expanding product portfolio Outlook * Company did not provide specific financial guidance for future quarters Result Drivers * PRODUCT PORTFOLIO GROWTH - 12% year-to-date revenue growth attributed to...
Digital Turbine Shares Soar After Q2 Results: Here's Why
Digital Turbine Shares Soar After Q2 Results: Here's Why
Nov 4, 2025
Digital Turbine ( APPS ) shares are trading higher after the company reported second-quarter financials after market close on Tuesday. • APPS shares are powering higher on strong volume. Stay ahead of the curve here. Here are the key highlights. Q2 Results: Digital Turbine ( APPS ) reported second-quarter revenue of $140.4 million, up 18% year-over-year. The revenue beat a...
Braemar Hotels & Resorts reports Q3 net loss of $8.2 mln, RevPAR up 1.4%
Braemar Hotels & Resorts reports Q3 net loss of $8.2 mln, RevPAR up 1.4%
Nov 4, 2025
Overview * Braemar reports Q3 net loss of $8.2 mln, while comparable RevPAR rises 1.4% yr/yr * Adjusted Hotel EBITDA increased 15.1% yr/yr to $21.4 mln * Company closed sale of Marriott Seattle Waterfront for $145 mln Outlook * Braemar says it has no set deadline for completion of its sale process * Braemar entered into agreement to sell The...
Economy >
Cryptocurrency >
Why is the Shiba Inu (SHIB) Price Up Today?
Why is the Shiba Inu (SHIB) Price Up Today?
Mar 26, 2024
Shiba Inus correction has ended, and buyers are aiming for new highs again. In the following, we take a look at a few technical indicators that might provide some insights into why SHIBs price is up today. Key Support levels: $0.000025 Key Resistance levels: $0.000037 1. Buyers Return The key support at $0.000025 held firm and did not allow SHIBs...
Fifth Richest Bitcoin Address Transfers $6 Billion in BTC Amid Surge Past $70K
Fifth Richest Bitcoin Address Transfers $6 Billion in BTC Amid Surge Past $70K
Mar 26, 2024
Over the weekend, the fifth richest Bitcoin address transferred $6 billion worth of the asset to three new wallets. The transfer occurred amid increased institutional interest in BTC, driven perhaps by the upcoming halving in April. Bitcoin Wallet Transfers $6 Billion in Bitcoin Initially funded with 94,500 BTC ($6.05 billion) in 2019, the address remained untouched until last weekend when...
Important Binance Announcement Concerning FLOKI and BONK Traders
Important Binance Announcement Concerning FLOKI and BONK Traders
Mar 26, 2024
TL;DR Binance will add new trading pairs and introduce bot services to improve user experience, focusing on certain meme coins. The service expansion excludes users from the USA, Canada, Japan, and several other regions. The worlds biggest cryptocurrency exchange will expand the list of services offered on Binance Spot to enhance users trading experience. It will add the following pairs BONK/USDC,...
Worldcoin Ordered to Halt Biometric Data Collection in Another Country: Report
Worldcoin Ordered to Halt Biometric Data Collection in Another Country: Report
Mar 26, 2024
Worldcoin is yet again under scrutiny due to its proof of personhood project in Europe, which seeks to expand its user base by having individuals verify their humanity through eyeball scans. As per the Worldcoin website, the project has over 4.5 million sign-ups from 120 countries. Worldcoin Ordered to Halt Biometric Data Collection According to Reuters, the Portugal data regulator,...
Forex >
Copyright 2023-2026 - www.financetom.com All Rights Reserved