financetom
News
World
Environment
Technology
Politics
Retail
Business
Economy
Market summary >
Editors' picks >
News >
Oil Update: Russia
Oil Update: Russia
Mar 23, 2024
Brent Crude Oil News and Analysis Over 150 missiles and drones fired in latest attack on UkraineOil prices ease into the weekend despite attacks on energy infrastructureIG client sentiment focuses on recent changes in positioning to arrive at bearish biasThe analysis in this article makes use of chart patterns and key support and resistance levels. For more information visit our...
Yen Update: USD/JPY Dips after BoJ Minutes, Concern over Volatile Moves
Yen Update: USD/JPY Dips after BoJ Minutes, Concern over Volatile Moves
Mar 25, 2024
Japanese Yen (USD/JPY) Analysis BoJ minutes extend the ‘carry trade’ as officials rule out rapid rate hikesLike clockwork, Japan’s top currency diplomat voices dissatisfaction with recent yen volatility, weaknessIG Client sentiment ‘mixed’ despite massive short positioningThe analysis in this article makes use of chart patterns and key support and resistance levels. For more information visit our comprehensive education library BoJ...
US Dollar Forecast: PCE Data to Steal Show; EUR/USD, USD/JPY, GBP/USD Setups
US Dollar Forecast: PCE Data to Steal Show; EUR/USD, USD/JPY, GBP/USD Setups
Mar 23, 2024
Most Read: U.S. Dollar Outlook Market Sentiment: USD/JPY, USD/CAD, USD/CHF The U.S. dollar, as measured by the DXY index, strengthened this past week, closing at its best level since mid-February on Friday. Despite initial losses following the Fed’s dismissal of renewed inflation risks and indications that it was still on track for 75 basis points of easing this year, the...
US Dollar Technical Analysis: EUR/USD & GBP/USD Rebound, USD/JPY Flat
US Dollar Technical Analysis: EUR/USD & GBP/USD Rebound, USD/JPY Flat
Mar 25, 2024
US DOLLAR FORECAST – EUR/USD, GBP/USD, USD/JPY Most Read: US Dollar Forecast: PCE Data to Steal Show; EUR/USD, USD/JPY, GBP/USD Setups The dollar fell slightly on Monday, but losses were moderate and probably contained by rallying U.S. Treasury yields. Many traders decided to take profits after the greenback's strong performance last week, while others avoided taking large directional positions in...
World >
Market >
Sector Update: Health Care Stocks Higher Pre-Bell Monday
Sector Update: Health Care Stocks Higher Pre-Bell Monday
Aug 26, 2024
09:18 AM EDT, 08/26/2024 (MT Newswires) -- Health care stocks were higher pre-bell Monday, with the Health Care Select Sector SPDR Fund ( XLV ) up 0.2% and the iShares Biotechnology ETF ( IBB ) was ahead 0.6%. BeiGene ( BGNE ) shares were up more than 3% after the drug maker said its BGB-16673 has received fast-track designation from...
Equity Markets Mixed Ahead of Close
Equity Markets Mixed Ahead of Close
Aug 26, 2024
03:44 PM EDT, 08/26/2024 (MT Newswires) -- US benchmark equity indexes were struggling for direction ahead of Monday's close following a rally in the previous session after Federal Reserve Chair Jerome Powell said the time has come for interest rate cuts. The Nasdaq Composite was down 0.9% at 17,724.8, while the S&P 500 fell 0.4% to 5,615.6. The Dow Jones...
Sector Update: Financial Stocks Advance Premarket Monday
Sector Update: Financial Stocks Advance Premarket Monday
Aug 26, 2024
09:17 AM EDT, 08/26/2024 (MT Newswires) -- Financial stocks were advancing premarket Monday as the Financial Select Sector SPDR Fund ( XLF ) was 0.4% higher recently. The Direxion Daily Financial Bull 3X Shares ( FAS ) was 1.4% higher and its bearish counterpart Direxion Daily Financial Bear 3X Shares ( FAZ ) was down 1.3%. Prestige Wealth ( PWM...
This Analyst With 86% Accuracy Rate Sees Around 55% Upside In Nvidia - Here Are 5 Stock Picks For Last Week From Wall Street's Most Accurate Analysts
This Analyst With 86% Accuracy Rate Sees Around 55% Upside In Nvidia - Here Are 5 Stock Picks For Last Week From Wall Street's Most Accurate Analysts
Aug 26, 2024
U.S. stocks settled higher on Friday with the Dow Jones index surging more than 450 points, following comments from Fed Chair Jerome Powell at the Jackson Hole Economic Symposium. Wall Street analysts make new stock picks on a daily basis. Unfortunately for investors, not all analysts have particularly impressive track records at predicting market movements. Even when it comes to...
Environment >
Technology >
Analysis-Apple antitrust suit mirrors strategy that beat Microsoft, but tech industry has changed
Analysis-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...
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...
Japan braces for life with interest rates after historic change
Japan braces for life with interest rates after historic change
Mar 21, 2024
TOKYO (Reuters) - In the coming years, Satoaki Kanoh needs to replace almost a dozen ageing machines at his Tokyo-based maker of acrylic panels, a major undertaking that he worries will become even more expensive. Ideally, I'd like to do one a year. But I don't have that much money, Kanoh said of the customised pieces of machinery that cost...
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 >
Retail >
Business >
Pulpmaker Suzano posts slightly beat to core earnings, hikes investment outlook
Pulpmaker Suzano posts slightly beat to core earnings, hikes investment outlook
Aug 6, 2025
SAO PAULO, Aug 6 (Reuters) - Brazilian pulpmaker Suzano posted on Wednesday a second-quarter core earnings slightly above analysts estimates, while it also raised planned investments for 2025 by about 7% after announcing a deal to swap standing timber. Core earnings, as measured by adjusted earnings before interest, taxes, depreciation and amortization (EBITDA), stood at 6.09 billion reais, down 3%...
Trump imposes extra 25% tariff on Indian goods, ties hit new low
Trump imposes extra 25% tariff on Indian goods, ties hit new low
Aug 6, 2025
By Andrea Shalal and Manoj Kumar WASHINGTON/NEW DELHI (Reuters) -U.S. President Donald Trump on Wednesday imposed an additional 25% tariff on Indian goods, citing New Delhi's continued imports of Russian oil in a move that sharply escalated tensions between the two nations after trade talks reached a deadlock. The new import tax, effective 21 days after August 7, will raise...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
US FAA issues ground stop for United Airlines flights at several airports
US FAA issues ground stop for United Airlines flights at several airports
Aug 6, 2025
WASHINGTON (Reuters) -The U.S. Federal Aviation Administration said on Wednesday it issued a ground stop for United Airlines flights at several U.S. airports while the company itself said its teams were working to resolve a tech outage as soon as possible. ...
Economy >
Cryptocurrency >
Bitcoin Reclaims $103K as Second Phase of Price Discovery Begins: Analyst
Bitcoin Reclaims $103K as Second Phase of Price Discovery Begins: Analyst
Jan 27, 2025
Bitcoin has recovered from its twelve-day low of just below $98,000 on Monday to reach an intraday high of $103,100 during the Tuesday morning Asian trading session. The asset only spent a few hours in the five-figure territory, finding solid support from which to bounce. On Jan. 28, analyst ‘Rekt Capital’ said that Bitcoin had completed its first price discovery uptrend...
Breaking Bad Actor Dean Norris’ X Account Used for $8M Meme Coin Scam
Breaking Bad Actor Dean Norris’ X Account Used for $8M Meme Coin Scam
Jan 27, 2025
Dean Norris, best known for his role in Breaking Bad, has become the target of hackers again. His X account was recently compromised to promote a fraudulent meme coin named DEAN. Details from the Exploit An X user who shared a screenshot of the deleted posts described the incident as one of the “most believable” scams they had ever seen...
Russian Power Giant Rosseti Embraces Bitcoin Mining to Monetize Excess Capacity
Russian Power Giant Rosseti Embraces Bitcoin Mining to Monetize Excess Capacity
Jan 27, 2025
Rosseti Group Russias leading electric grid operator has announced its interest in becoming an operator for hosting mining infrastructure. The company told TASS that this initiative focuses on utilizing underloaded power supply centers, improving capacity utilization, and fostering economic growth. Rosseti Targets Crypto Mining to Use Idle Power According to the report, Rossetis position as the largest grid company in...
KuCoin Pleads Guilty to Unlicensed Money Transfer Operation, Faces $300M Penalty
KuCoin Pleads Guilty to Unlicensed Money Transfer Operation, Faces $300M Penalty
Jan 27, 2025
Seychelles-based crypto exchange KuCoin has pleaded guilty to conducting an unlicensed money-transmitting business. As per the agreement, KuCoin faces monetary penalties of more than $297 million, which includes a forfeiture of $184.5 million and a fine of $112.9 million. KuCoin will also be suspending its US market activities for two years. Founders Michael Gan and Eric Tang will relinquish $2.7...
Forex >
Copyright 2023-2026 - www.financetom.com All Rights Reserved