financetom
News
World
Environment
Technology
Politics
Retail
Business
Economy
Market summary >
Editors' picks >
News >
Yen extends gains to one-week high on Japanese opposition moves
Yen extends gains to one-week high on Japanese opposition moves
Oct 14, 2025
The Japanese yen rose in Asian trading on Wednesday against a basket of major and minor currencies, extending its gains for the second consecutive day against the US dollar and reaching its highest level in a week, supported by the decline in the American currency following comments by Federal Reserve Chairman Jerome Powell. This rise was also bolstered by the...
US dollar trims losses as Trump de-escalates with China
US dollar trims losses as Trump de-escalates with China
Oct 13, 2025
The US dollar rose gradually on Monday after fears of a renewed escalation in the trade war between the United States and China eased, while political developments in France and Japan weighed on both the euro and the yen. The dollar index which measures the performance of the US currency against a basket of six major peers climbed 0.2% to...
Kiwi tumbles to six-month trough on trade war fears
Kiwi tumbles to six-month trough on trade war fears
Oct 13, 2025
The New Zealand dollar fell in Asian trading on Tuesday against a basket of major and minor currencies, resuming losses that had paused the previous day against the US dollar, and hitting its lowest level in six months due to renewed trade tensions between the United States and China New Zealands largest trading partner. Amid these developments, investors are betting...
Sterling moves in a positive zone before UK labor data
Sterling moves in a positive zone before UK labor data
Oct 13, 2025
The British pound rose in European trading on Tuesday against a basket of global currencies, resuming its recovery from a two-month low against the US dollar, supported by a pause in the dollars rally ahead of key remarks from Federal Reserve Chair Jerome Powell. Expectations are leaning toward a 25-basis-point rate cut by the Bank of England at its November...
World >
Market >
U.S. Crude Oil Stocks Likely Rose 7.2 Million Barrels in the Week Ended Feb. 7, Macquarie Says
U.S. Crude Oil Stocks Likely Rose 7.2 Million Barrels in the Week Ended Feb. 7, Macquarie Says
Feb 11, 2025
05:46 AM EST, 02/11/2025 (MT Newswires) -- U.S. crude oil inventories are projected to have risen 7.2 million barrels in the week ended Feb. 7, lower than the increase of 8.7 million barrels recorded in the previous week, Macquarie said in a Monday note. Net imports are expected to have fallen week-over-week, with a decrease of 9.9 million barrels per...
US STOCKS-Futures dip as Powell speech in focus for tariff, inflation comments
US STOCKS-Futures dip as Powell speech in focus for tariff, inflation comments
Feb 11, 2025
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Futures down: Dow 0.23%, S&P 500 0.32%, Nasdaq 0.44% Feb 11 (Reuters) - U.S. stock index futures slipped on Tuesday as investors awaited a testimony from Federal Reserve Chair Jerome Powell for insight on tariffs and their impact on...
Futures dip as Powell speech in focus for tariff, inflation comments
Futures dip as Powell speech in focus for tariff, inflation comments
Feb 11, 2025
(Reuters) - U.S. stock index futures slipped on Tuesday as investors awaited a testimony from Federal Reserve Chair Jerome Powell for insight on tariffs and their impact on inflation in the world's biggest economy. Most megacap and growth stocks ticked lower, while some steelmakers extended gains from the previous session, when President Donald Trump had substantially raised tariffs on steel...
Russian rouble strengthens vs dollar on higher oil
Russian rouble strengthens vs dollar on higher oil
Feb 11, 2025
MOSCOW, Feb 11 (Reuters) - The Russian rouble strengthened against the dollar and the Chinese yuan on Tuesday with analysts saying that higher prices for oil and increased forex sales by the central bank supported the Russian currency. At 1000 GMT, the rouble was up 0.8% at 95.90 against the dollar, according to data from the over-the-counter market. The rouble...
Environment >
Technology >
Spotify Empowers Creators With New Partner Program - What's On The Cards?
Spotify Empowers Creators With New Partner Program - What's On The Cards?
Jan 2, 2025
Audio streaming service provider Spotify Technology SA ( SPOT ) shares are trading higher on Thursday. The company launched the Spotify Partner Program. This new monetization initiative is available in the U.S., U.K., Canada, and Australia and aims to help creators expand their audiences and generate sustainable revenue streams. The program offers creators access to multiple revenue opportunities, including audience-driven...
Investigating NVIDIA's Standing In Semiconductors & Semiconductor Equipment Industry Compared To Competitors
Investigating NVIDIA's Standing In Semiconductors & Semiconductor Equipment Industry Compared To Competitors
Jan 2, 2025
In today's rapidly changing and fiercely competitive business landscape, it is essential for investors and industry enthusiasts to thoroughly analyze companies. In this article, we will conduct a comprehensive industry comparison, evaluating NVIDIA ( NVDA ) against its key competitors in the Semiconductors & Semiconductor Equipment industry. By examining key financial metrics, market position, and growth prospects, we aim to...
Options Corner: Intel's Slump Potentially Offers Rebound Ahead Of Q4 Earnings
Options Corner: Intel's Slump Potentially Offers Rebound Ahead Of Q4 Earnings
Jan 2, 2025
It doesn't take a rocket scientist to realize that semiconductor giant Intel Corp ( INTC ) is hurting. Over the past 52 weeks, Intel ( INTC ) slipped approximately 58%. A range of woes, from management miscues to brewing skepticism of its competitive viability, have clouded the once-proud tech juggernaut. However, it's also possible that — at least in the...
Comparing Microsoft With Industry Competitors In Software Industry
Comparing Microsoft With Industry Competitors In Software Industry
Jan 2, 2025
In today's rapidly changing and highly competitive business world, it is imperative for investors and industry observers to carefully assess companies before making investment choices. In this article, we will undertake a comprehensive industry comparison, evaluating Microsoft ( MSFT ) vis-à-vis its key competitors in the Software industry. Through a detailed analysis of important financial indicators, market standing, and growth...
Personal Finance >
Politics >
Retail >
Business >
Charter brings Paramount+ to Spectrum TV customers in new carriage deal
Charter brings Paramount+ to Spectrum TV customers in new carriage deal
May 23, 2024
May 23 (Reuters) - Paramount Global ( PARAA ) has signed a new multi-year content distribution deal with Charter Communications ( CHTR ) for its full portfolio of linear cable networks, the companies said on Thursday. The companies did not disclose the financial terms of the deal, in which the ad-supported versions of Paramount's direct-to-consumer services, Paramount+ Essential tier and...
This airline wants all dogs to fly first class
This airline wants all dogs to fly first class
May 23, 2024
EAST FARMINGDALE, New York, May 23 (Reuters) - With this airline, dogs are ditching the kennels and flying first class. BARK Air wants to pamper pets and their owners even before takeoff and will make its initial flight from New York to Los Angeles on Thursday. CEO Matt Meeker said the business idea came from struggling to transport Hugo, his...
Promising pipelines and fracking, Trump rakes in millions at Texas fundraisers
Promising pipelines and fracking, Trump rakes in millions at Texas fundraisers
May 23, 2024
By Arathy Somasekhar HOUSTON, May 23 (Reuters) - Republican presidential candidate Donald Trump raised tens of millions of dollars during a fundraising swing through Texas this week, promising he would support the oil and gas industry by backing new pipelines and restoring fracking on federal land. Trump has courted support from the energy industry with a pro-fossil fuel and anti-regulation...
Mexico's Pemex produces fewer than 1.5 million bpd of oil in April, data shows
Mexico's Pemex produces fewer than 1.5 million bpd of oil in April, data shows
May 23, 2024
MEXICO CITY, May 23 (Reuters) - Mexican state energy company Pemex produced 1.47 million barrels per day (bpd) of crude oil in April, the highest level in 45 years, data published by the country's hydrocarbon regulator showed. Pemex's crude oil production fell 5.9% year-on-year and 12% since December 2018 when President Andres Manuel Lopez Obrador, who had promised to rescue...
Economy >
Cryptocurrency >
USDC Issuer Circle Raises $1.1B in Its IPO (Report)
USDC Issuer Circle Raises $1.1B in Its IPO (Report)
Jun 5, 2025
Circle, the issuer of the USDC stablecoin, has raised $1.1 billion in its initial public offering (IPO), which was priced above expectations. The development comes as the U.S. Congress is currently reviewing federal legislation on stablecoins. Circle’s Valuation Could Hit $6.2 B According to a Bloomberg report, Circle’s IPO is likely to price above its marketed range after attracting demand...
Robinhood Cements Crypto Ambitions with $200M Bitstamp Takeover
Robinhood Cements Crypto Ambitions with $200M Bitstamp Takeover
Jun 4, 2025
Robinhood has officially completed its $200 million acquisition of Bitstamp, marking a bold step toward globalizing its crypto services and deepening its reach into institutional markets. The move positions Robinhood as a serious contender in the international crypto scene, expanding beyond its U.S. base and into the European Union, the UK, and Asia. Bitstamp’s Legacy Adds Weight to Robinhood’s Expansion...
Bitcoin’s ‘Boring’ 2025 Hides the Most Important Shift in Crypto History: Analysts
Bitcoin’s ‘Boring’ 2025 Hides the Most Important Shift in Crypto History: Analysts
Jun 4, 2025
“Something strange is happening with this Bitcoin cycle,” said analysts at BTC financial services firm Swan on X on June 5. We should be in the final year of the four-year trend, but corporations are buying more than ever, they said, adding that the asset price is “boring people.” While Bitcoin typically experiences explosive growth in its “third green year,”...
Bitcoin’s (BTC) Shrinking Supply Could Set Off the Next Price Surge
Bitcoin’s (BTC) Shrinking Supply Could Set Off the Next Price Surge
Jun 4, 2025
As Bitcoin hovers near its May high, new data suggest that there has been a tightening the leading crypto assets supply amid surging institutional demand. Sygnum Banks June 2025 Monthly Investment Outlook attributes the assets positive momentum to its growing appeal as a safe haven and broader institutional adoption, which are now driving a structural reduction in liquid supply. Bitcoin...
Forex >
Copyright 2023-2026 - www.financetom.com All Rights Reserved