financetom
News
World
Environment
Technology
Politics
Retail
Business
Economy
Market summary >
Editors' picks >
News >
World >
Market >
US Equity Indexes Mixed in Midday Trading Following Surprise Drop in Producer Price Inflation
US Equity Indexes Mixed in Midday Trading Following Surprise Drop in Producer Price Inflation
Sep 10, 2025
12:22 PM EDT, 09/10/2025 (MT Newswires) -- US equity indexes were mixed in midday trading on Wednesday after the wholesale price inflation rate fell for the first time in four months, belying market expectations. The Nasdaq Composite rose 0.2% to 21,930.4, after scaling a new peak of 22,000.97. The S&P 500 was 0.4% higher at 6,539.5, after touching an all-time...
TSX up Near 100 Points at Midday
TSX up Near 100 Points at Midday
Sep 10, 2025
12:13 PM EDT, 09/10/2025 (MT Newswires) -- The Toronto Stock Exchange is up near 100 points with miners (+1.3%) and energy, up 1.2%, the biggest gainers. Telecoms, down 1%, is the biggest decliner. BMO Economics, in its morning note, said the market continues to focus on softer growth and job market conditions ahead, and is fully pricing in (and then...
US STOCKS-Wall St indexes hit records as Oracle jumps, Fed bets steady on inflation data
US STOCKS-Wall St indexes hit records as Oracle jumps, Fed bets steady on inflation data
Sep 10, 2025
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Indexes: Dow down 0.43%, S&P 500 up 0.50%, Nasdaq up 0.43% * Producer prices fall unexpectedly in August * Oracle's forecast boosts chipmakers, power supply companies * Barclays, Deutsche Bank raise S&P 500 2025 year-end target (Updates with late...
FTSE 100 closes lower as consumer staples, industrials drag; corporate earnings in focus
FTSE 100 closes lower as consumer staples, industrials drag; corporate earnings in focus
Sep 10, 2025
* FTSE 100 down 0.2%, FTSE 250 down 0.3% * AB Foods slumps on weak Primark sales outlook * Haleon ( HLN ) rises after GS upgrade * Vistry slips on H1 profit drop (Updates after market close) Sept 10 (Reuters) - Britain's FTSE 100 closed lower on Wednesday, dragged down by consumer staples and industrials, while investors assessed a...
Environment >
Technology >
Xiaomi car app launched on Apple's App Store in China
Xiaomi car app launched on Apple's App Store in China
Mar 24, 2024
BEIJING, March 25 (Reuters) - An app of Xiaomi's ( XIACF ) car has been launched on Apple's ( AAPL ) App Store in China- Reuters checks showed on Monday. The Chinese smartphone maker's first electric vehicle SU7 will be officially unveiled at 7 p.m. (1100 GMT) on Thursday, Xiaomi ( XIACF ) founder Lei Jun said on Weibo earlier...
Exclusive-Behind the plot to break Nvidia's grip on AI by targeting software
Exclusive-Behind the plot to break Nvidia's grip on AI by targeting software
Mar 25, 2024
SAN FRANCISCO (Reuters) - Nvidia ( NVDA ) earned its $2.2 trillion market cap by producing artificial-intelligence chips that have become the lifeblood powering the new era of generative AI developers from startups to Microsoft ( MSFT ), OpenAI and Google parent Alphabet. Almost as important to its hardware is the company's nearly 20 years' worth of computer code, which...
Chips Are Driving The EV Revolution — But They're Also Fueling A Ferrari Sales Boom In This Tiny Asian Powerhouse
Chips Are Driving The EV Revolution — But They're Also Fueling A Ferrari Sales Boom In This Tiny Asian Powerhouse
Mar 25, 2024
Ferrari N.V. saw a remarkable surge in sales in Taiwan, outpacing China and Hong Kong, thanks to the flourishing wealth of the country’s chip entrepreneurs and the diversification of global supply chains. What Happened: Ferrari’s sales in Taiwan have doubled over the past four years, largely due to the increasing wealth of the country’s chip industry leaders and the shift...
TIM small investor group to file slate of candidates for board renewal
TIM small investor group to file slate of candidates for board renewal
Mar 25, 2024
MILAN, March 25 (Reuters) - Telecom Italia's (TIM) association of small investors, Asati, said on Monday it would file a slate of candidates for the renewal of the board of directors of the former phone monopoly. The group represents thousands of small Telecom Italia's investors with a combined stake of around 1%. ASATI supports the general outline of TIM's business...
Personal Finance >
Politics >
Retail >
Business >
Novanta beats Q3 revenue, adjusted profit estimates
Novanta beats Q3 revenue, adjusted profit estimates
Nov 3, 2025
Overview * Novanta ( NOVT ) Q3 revenue increased 1.4% to $247.8 mln, beating analyst expectations * Adjusted EPS for Q3 was $0.87, exceeding analyst estimates * Adjusted EBITDA for Q3 missed analyst expectations Outlook * Novanta expects Q4 2025 GAAP revenue of $253 mln to $257 mln * Company forecasts full-year 2025 GAAP revenue of $975 mln to $979...
Cannabis REIT Innovative Industrial's Q3 revenue edges past expectations 
Cannabis REIT Innovative Industrial's Q3 revenue edges past expectations 
Nov 3, 2025
Overview * Innovative Industrial Q3 revenue beats analyst expectations despite a 15% yr/yr decline * Company announces $270 mln investment in IQHQ, diversifying beyond cannabis industry * Closed new $100 mln secured revolving credit facility, enhancing financial flexibility Result Drivers * TENANT DEFAULTS - Revenue decline driven by tenant defaults, including PharmaCann, Gold Flora, TILT, and 4Front * IQHQ INVESTMENT...
Eastman Chemical Q3 Adjusted Earnings, Revenue Fall
Eastman Chemical Q3 Adjusted Earnings, Revenue Fall
Nov 3, 2025
05:09 PM EST, 11/03/2025 (MT Newswires) -- Eastman Chemical ( EMN ) reported Q3 adjusted earnings late Monday of $1.14 per diluted share, down from $2.26 per share a year earlier. Analysts polled by FactSet expected $1.16. Revenue in the quarter ended Sept. 30 fell to $2.20 billion from $2.46 billion a year earlier. Analysts surveyed by FactSet expected $2.26...
Diamondback Energy Q3 Earnings, Revenue Rise
Diamondback Energy Q3 Earnings, Revenue Rise
Nov 3, 2025
05:07 PM EST, 11/03/2025 (MT Newswires) -- Diamondback Energy ( FANG ) reported Q3 earnings late Monday of $3.51 per diluted share, up from $3.19 a year earlier. Analysts polled by FactSet expected $2.96. Revenue for the quarter ended Sept. 30 was $3.92 billion, up from $2.65 billion a year earlier. Analysts surveyed by FactSet expected $3.53 billion. The company...
Economy >
Cryptocurrency >
Autonomous by Design: Inside Giza’s Vision for Agent
Autonomous by Design: Inside Giza’s Vision for Agent
Jun 19, 2025
In a DeFi landscape thats largely crowded with rigid scripts and static bots, Giza is building something substantially different: agents that adapt, think, and act with cryptographic precision. For this interview, we sit down with CEO Renç Korzay, whose vision of agent-driven DeFi replaces automation-as-usual with real-time intelligence and personalized financial autonomy. In the following, Korzay breaks down how Gizas...
Binance, OKX Set Transparency Standard with PoR Reports as Coinbase Lags: CQ
Binance, OKX Set Transparency Standard with PoR Reports as Coinbase Lags: CQ
Jun 18, 2025
A new report by CryptoQuant ranks the transparency of five major crypto exchanges based on their proof-of-reserves (PoR) practices. The analysis revealed that Binance is leading, while other players like Bybit, OKX, Kraken, and Coinbase are trailing. The PoR Rankings The survey evaluated each exchange’s reserve ratio, a metric calculated by dividing the net customer balance by the platform’s total...
Bitcoin Battles for $105K Following Fed’s Decision, Altcoins Stagnate (Market Watch)
Bitcoin Battles for $105K Following Fed’s Decision, Altcoins Stagnate (Market Watch)
Jun 19, 2025
The decision regarding the general interest rates in the United States came in yesterday and the Federal Reserve didnt really surprise the market. Bitcoin continues fighting for $105,000, going through some very moderate volatility in the interim, all the while altcoins are also stagnating. The Fed did note some changes in its economic outlook, though, so lets take a closer...
Not Enough Bitcoin: What Does The Skyrocketing Ancient BTC Supply Tell Us?
Not Enough Bitcoin: What Does The Skyrocketing Ancient BTC Supply Tell Us?
Jun 18, 2025
An average of 566 BTC per day is falling into this long-term “ancient supply” bucket, compared to the current daily issuance rate of 450 BTC, reported Fidelity Digital Assets on June 18. This trend marks the first time in Bitcoin’s history that long-term held coins are growing faster than new supply, potentially reinforcing the asset’s scarcity narrative. It also noted...
Forex >
Copyright 2023-2026 - www.financetom.com All Rights Reserved