financetom
News
World
Environment
Technology
Politics
Retail
Business
Economy
Market summary >
Editors' picks >
News >
ECB holds rates unchanged at three-year nadir
ECB holds rates unchanged at three-year nadir
Jul 25, 2025
The European Central Bank has just announced its interest rate decision following the July 2324 meeting, leaving rates unchanged at 2.15% the lowest level since October 2022, in line with most market expectations. This decision follows a previous rate cut, marking the seventh consecutive reduction. Policymakers at the ECB opted to pause further easing to assess the impact of recent...
Yen extends gains to two-week high amid political uncertainty in Japan
Yen extends gains to two-week high amid political uncertainty in Japan
Jul 23, 2025
The Japanese yen rose in Asian markets on Thursday against a basket of major and minor currencies, extending its gains for a fourth consecutive day against the US dollar and reaching its highest level in two weeks, as safe-haven buying of the currency gained momentum amid political uncertainty in Japan. Local media reports indicated that Prime Minister Shigeru Ishiba was...
US dollar reverses higher, yen swings after America-Japan trade deal
US dollar reverses higher, yen swings after America-Japan trade deal
Jul 23, 2025
Market attention on Wednesday centered on the Japanese yen, which saw sharp fluctuations as traders assessed the impact of the newly announced US-Japan trade deal and speculated over the future of Prime Minister Shigeru Ishiba. The yen initially surged to its strongest level since July 11 at 146.20 per dollar, supported by President Donald Trump's announcement of a trade agreement...
Euro gives up two-week high before ECB meeting
Euro gives up two-week high before ECB meeting
Jul 22, 2025
The euro declined in European markets on Wednesday against a basket of global currencies, retreating from a two-week high versus the US dollar. The currency is on track for its first loss in four sessions, driven by profit-taking and a rebound in the US dollar following a major trade deal between the US and Japan. Later today, markets await the...
World >
Market >
Sector Update: Energy
Sector Update: Energy
Jun 5, 2024
01:29 PM EDT, 06/05/2024 (MT Newswires) -- Energy stocks eased Wednesday afternoon with the NYSE Energy Sector Index little changed, paring earlier losses, and the Energy Select Sector SPDR Fund (XLE) down 0.1%. The Philadelphia Oil Service Sector index rose 0.3%, and the Dow Jones US Utilities index fell 0.9%. US crude oil stocks, including those in the Strategic Petroleum...
US Equity Indexes Rise After Services Index Switches to Expansion, Pace of Job Additions Slow
US Equity Indexes Rise After Services Index Switches to Expansion, Pace of Job Additions Slow
Jun 5, 2024
01:20 PM EDT, 06/05/2024 (MT Newswires) -- US equity indexes rose in midday trading Wednesday after a services gauge swung to expansion in May while the number of jobs added in the same month slumped. The Nasdaq Composite jumped 1.6% to 17,125.1 with the S&P 500 climbing 0.8% to 5,333.2 and the Dow Jones Industrial Average up 0.1% to 38,738.5....
Sector Update: Tech
Sector Update: Tech
Jun 5, 2024
01:34 PM EDT, 06/05/2024 (MT Newswires) -- Tech stocks rose Wednesday afternoon with the Technology Select Sector SPDR Fund (XLK) climbing 1.8% and the SPDR S&P Semiconductor ETF (XSD) jumping 3.2%. The Philadelphia Semiconductor index surged 3.7%. In corporate news, Hewlett Packard Enterprise ( HPE ) shares soared 13% after the company reported stronger-than-expected sales and earnings for fiscal Q2...
Sector Update: Financial
Sector Update: Financial
Jun 5, 2024
01:34 PM EDT, 06/05/2024 (MT Newswires) -- Financial stocks were decreasing in Wednesday afternoon trading, with the NYSE Financial Index easing 0.1% and the Financial Select Sector SPDR Fund (XLF) marginally down. The Philadelphia Housing Index was rising 1%, and the Real Estate Select Sector SPDR Fund (XLRE) was down 0.2%. Bitcoin (BTC-USD) was increasing 1.3% to $71,432, and the...
Environment >
Technology >
Apple antitrust suit mirrors strategy that beat Microsoft, but tech industry has changed
Apple antitrust suit mirrors strategy that beat Microsoft, but tech industry has changed
Mar 22, 2024
(Reuters) - The U.S. government's antitrust lawsuit against Apple ( AAPL ) draws on the watershed 1998 case that broke Microsoft's ( MSFT ) stranglehold on desktop software, but that may prove to be an imperfect blueprint for addressing smartphone competition. The market for the iPhone today looks very different from the near-monopoly enjoyed by Microsoft's ( MSFT ) Windows...
The Analyst Landscape: 7 Takes On Clear Secure
The Analyst Landscape: 7 Takes On Clear Secure
Mar 22, 2024
Analysts' ratings for Clear Secure ( YOU ) over the last quarter vary from bullish to bearish, as provided by 7 analysts. The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective. Bullish Somewhat Bullish Indifferent...
Deep Dive Into Confluent Stock: Analyst Perspectives (17 Ratings)
Deep Dive Into Confluent Stock: Analyst Perspectives (17 Ratings)
Mar 22, 2024
In the preceding three months, 17 analysts have released ratings for Confluent , presenting a wide array of perspectives from bullish to bearish. The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 7 5 5...
AIOZ Network Partners With Alibaba Cloud to Boost AI, Storage and Streaming Services
AIOZ Network Partners With Alibaba Cloud to Boost AI, Storage and Streaming Services
Mar 22, 2024
The two companies will establish a DePIN alliance in south-east Asia.AIOZ's native token is currently trading flat after the announcement, it is up by more than 200% in 30 days.AIOZ Network will use Alibaba Cloud to improve Web 3, AI, storage and streaming services.Decentralized infrastructure network (DePIN) AIOZ Network has become the leading blockchain partner in Alibaba Cloud’s Innovation Accelerator...
Personal Finance >
Politics >
Govt blames inaction by AAP in Punjab, Delhi for bad air quality
Govt blames inaction by AAP in Punjab, Delhi for bad air quality
Nov 6, 2023
Accusing Kejriwal of being busy with election campaigning in poll-bound states and waking up to the situation late, Minister of State for Consumer Affairs, Food, and Public Distribution, Ashwini Kumar Choubey, said that the Centre had held a meeting with Chief Secretaries and senior officials from four North Indian states on 20th October to discuss measures to reduce air pollution, which he claims weren't adopted by the AAP-led governments.
ED attaches over Rs 10-crore assets in resort scam involving ex-Maha minister Anil Parab
ED attaches over Rs 10-crore assets in resort scam involving ex-Maha minister Anil Parab
Jan 4, 2023
The probe pertains to Dapoli resort, which is allegedly illegal. The former minister and Shiv Sena (Uddhav) leader, Anil Parab, allegedly wangled a permit to use land meant for agricultural use. The ED had started the investigation under the the Prevention of Money Laundering Act (PMLA) after a complaint from the Environment Ministry.
Rajasthan: Gehlot government begins Rs 2,500 cr dam project for Sabarmati, Sei rivers ahead of polls
Rajasthan: Gehlot government begins Rs 2,500 cr dam project for Sabarmati, Sei rivers ahead of polls
Mar 1, 2023
On Tuesday, the Gehlot government invited bids for both projects to build the dams within the next four years. The chief minister had announced both projects in last year’s budget.
Lok Sabha passes Forest (Conservation) Amendment Bill — All you need to know
Lok Sabha passes Forest (Conservation) Amendment Bill — All you need to know
Jul 11, 2023
Activists have contended that words like "ecotourism facilities" and "any other purposes" are too vague and may pave the way for widespread exploitation and misuse.
Retail >
Business >
This sustainable jewellery brand is luring some women away from gold
This sustainable jewellery brand is luring some women away from gold
Oct 30, 2023
Aulerth's offerings range from ₹5,000 to as high as ₹2.8 lakh. Are women willing to spend this much on jewellery made from scrap? Founder and CEO Vivek Ramabhadran definitely believes so. Aulerth produces couture-inspired pieces in association with designers like JJ Valaya, Suneet Varma, among others. It has reported 33% repeat customers in the past year and expects a spike to 40% soon.
Suzlon's S144–3 MW wind turbines get big boost from Indian government
Suzlon's S144–3 MW wind turbines get big boost from Indian government
Nov 15, 2023
Th Suzlon wind turbines received the RLMM (Revised List of Models & Manufacturers) listing from the Ministry of New and Renewable Energy, marking an important milestone for the successful commercialisation of the product. Shares of Suzlon Energy Ltd ended at ₹40.49, up by ₹1.85, or 4.79%, on the BSE.
Tata Power Renewable Energy wins 200-MW project in collaboration with SJVN
Tata Power Renewable Energy wins 200-MW project in collaboration with SJVN
Nov 28, 2023
The firm and dispatchable renewable energy (FDRE) project, designed with a hybrid of solar, wind, and battery storage, is aimed at providing a stable and dispatchable energy supply during peak hours. Shares of Tata Power Company Ltd ended at ₹270.75, up by ₹12.60, or 4.88%, on the BSE.
Cups are disposable, the environment is not: Starbucks’ green realisation
Cups are disposable, the environment is not: Starbucks’ green realisation
Sep 16, 2023
For the last several years, Starbucks has been testing different kinds of plastics. In 2019, the company went to a straw less lid, eliminating a good amount of plastic. By the end of 2023, the goal is to reduce by 15 percent the amount of material in each cup.
Economy >
Cryptocurrency >
Massive Uptick in Dogecoin (DOGE) Activity Could Signal Investor Bullishness
Massive Uptick in Dogecoin (DOGE) Activity Could Signal Investor Bullishness
Oct 3, 2024
As market fears intensify, several cryptocurrencies have experienced a sharp decline in prices. Amid the chaos, there has been a significant uptick in Dogecoin activity. The OG meme coin experienced its largest spike in active DOGE addresses in the past six months as per new data. Whales also appear to be holding on, which could signify a much-needed rebound in DOGEs...
Crypto Markets Bleed $150 Billion in 2 Days as Bitcoin (BTC) Slumps Toward $60K (Market Watch)
Crypto Markets Bleed $150 Billion in 2 Days as Bitcoin (BTC) Slumps Toward $60K (Market Watch)
Oct 3, 2024
Uptober has failed to prove the bulls right, at least for now, as bitcoin has dropped hard and even slipped to $60,000 yesterday. The altcoins are also in a freefall state, with numerous price drops of 5-6% from the likes of ETH, SOL, LINK, AVAX, and others. Will Bitcoin Lose $60K? It was just several days ago, on Sunday when...
Ethereum ICO Whale Sells 19,000 ETH Worth Over $47M Amid Market FUD
Ethereum ICO Whale Sells 19,000 ETH Worth Over $47M Amid Market FUD
Oct 3, 2024
An Ethereum ICO participant has sold another 19,000 ETH over the past two days. This freshly offloaded stash is worth around $47.54 million at the current price. This entity had previously received 150,000 ETH during the genesis at an ICO cost of just $46.5K. Dormant Ethereum ICO Participant Resurfaces As flagged by on-chain transaction analytics platform Lookonchain, this sale follows...
Ripple Transaction Volume Skyrockets but What Does it Mean for the XRP Price?
Ripple Transaction Volume Skyrockets but What Does it Mean for the XRP Price?
Oct 3, 2024
This week, Bitwise registered a trust entity called XRP ETF in Delaware. The following day, the asset manager filed an S-1 form with the US Securities and Exchange Commission, a necessary step for companies aiming to launch a new security and list it on a public stock exchange. As a result, the optimism surrounding a potential XRP ETF has triggered...
Forex >
Copyright 2023-2026 - www.financetom.com All Rights Reserved