financetom
News
World
Environment
Technology
Politics
Retail
Business
Economy
Market summary >
Editors' picks >
News >
World >
Market >
US Equity Futures Post Narrow Gains Pre-Bell as Traders Search for Fresh Cues
US Equity Futures Post Narrow Gains Pre-Bell as Traders Search for Fresh Cues
Aug 12, 2024
08:56 AM EDT, 08/12/2024 (MT Newswires) -- US equity futures posted narrow gains ahead of Monday's opening bell as traders searched for fresh impetus after a volatile week amid concerns of a US economic growth slowdown. Dow Jones Industrial Average futures gained 0.1%, S&P 500 futures rose 0.2%, and Nasdaq futures were up 0.3%. Oil prices were higher, with front-month...
Sector Update: Financial
Sector Update: Financial
Aug 12, 2024
08:46 AM EDT, 08/12/2024 (MT Newswires) -- Financial stocks rose in Monday's premarket hours, with the Financial Select Sector SPDR Fund (XLF) recently advancing by 0.3%. The Direxion Daily Financial Bull 3X Shares (FAS) was up almost 1% and bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 0.7% lower. KeyCorp ( KEY ) shares were up 18% after...
Sector Update: Tech
Sector Update: Tech
Aug 12, 2024
08:39 AM EDT, 08/12/2024 (MT Newswires) -- Technology stocks were flat to higher premarket Monday as the SPDR S&P Semiconductor ETF (XSD) was inactive and the Technology Select Sector SPDR Fund (XLK) was recently up 0.4%. Monday.com ( MNDY ) shares advanced by more than 9% after it reported higher Q2 non-GAAP net income and revenue. The company also raised...
Netflix, Crocs And 2 Other Stocks Insiders Are Selling
Netflix, Crocs And 2 Other Stocks Insiders Are Selling
Aug 12, 2024
The Nasdaq 100 closed higher by around 100 points during Friday's session. Investors, meanwhile, focused on some notable insider trades. When insiders sell shares, it could be a preplanned sale, or could indicate their concern in the company's prospects or that they view the stock as being overpriced. Insider sales should not be taken as the only indicator for making...
Environment >
Technology >
What Analysts Are Saying About Iris Energy Stock
What Analysts Are Saying About Iris Energy Stock
Jun 24, 2024
Across the recent three months, 10 analysts have shared their insights on Iris Energy ( IREN ) , expressing a variety of opinions spanning from bullish to bearish. Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings...
Here's How Much $1000 Invested In Guidewire Software 10 Years Ago Would Be Worth Today
Here's How Much $1000 Invested In Guidewire Software 10 Years Ago Would Be Worth Today
Jun 24, 2024
Guidewire Software ( GWRE ) has outperformed the market over the past 10 years by 2.18% on an annualized basis producing an average annual return of 12.9%. Currently, Guidewire Software ( GWRE ) has a market capitalization of $11.35 billion. Buying $1000 In GWRE: If an investor had bought $1000 of GWRE stock 10 years ago, it would be worth...
Hut 8 Receives $150M Investment as Thirst for Energy Brings AI Firms to Bitcoin Miners
Hut 8 Receives $150M Investment as Thirst for Energy Brings AI Firms to Bitcoin Miners
Jun 24, 2024
Coatue Management is investing $150 million in crypto miner Hut 8 ( HUT ) to build AI-related infrastructuresThe deal benefited HUT's shares as well as other bitcoin mining-related data-center stocks such as SHLN, APLD.Coatue is also behind CoreWeave, a cloud-computing firm that is looking to buy Hut 8 ( HUT ) rival Core Scientific ( CORZ ).The thirst for power...
AT&T wants Big Tech companies to pay into telecom, broadband subsidy fund
AT&T wants Big Tech companies to pay into telecom, broadband subsidy fund
Jun 24, 2024
WASHINGTON, June 24 (Reuters) - AT&T ( T ) CEO John Stankey said on Monday that Congress should give the Federal Communications Commission the power to require Big Tech firms to contribute to a government fund that subsidizes access to telecom and broadband services. Under current law, fees are assessed on wireless and landline telephone service subscribers to support the...
Personal Finance >
Politics >
Retail >
Business >
Amazon.com Unusual Options Activity
Amazon.com Unusual Options Activity
Oct 17, 2024
Whales with a lot of money to spend have taken a noticeably bearish stance on Amazon.com ( AMZN ). Looking at options history for Amazon.com ( AMZN ) we detected 8 trades. If we consider the specifics of each trade, it is accurate to state that 37% of the investors opened trades with bullish expectations and 50% with bearish. From...
Wall Street banks propelled by investment banking gains
Wall Street banks propelled by investment banking gains
Oct 17, 2024
* Wall Street banks report improved investment banking fees * Industry M&A volumes surged in Q3, ECM slightly ahead of Q3 2023 * Bond issuance up strongly this year Oct 15 (Reuters) - Wall Street's biggest banks reported rising investment-banking fees in the third quarter fueled by more deals and as companies increasingly issued debt, and said that their pipeline...
Blackstone to invest $8.2 bln in data centres in northeastern Spain
Blackstone to invest $8.2 bln in data centres in northeastern Spain
Oct 17, 2024
MADRID, Oct 15 (Reuters) - Blackstone, the world's largest alternative asset manager, plans to invest 7.5 billion euros ($8.2 billion) to develop data centres in Spain's Aragon, boosting the region's growing status as a major cloud computing hub in Europe. The U.S. private equity fund will follow tech giants such as Microsoft ( MSFT ) and Amazon ( AMZN )...
Kindly MD to Buy Back $500,000 of Shares
Kindly MD to Buy Back $500,000 of Shares
Oct 17, 2024
10:04 AM EDT, 10/15/2024 (MT Newswires) -- Kindly MD (KDLY) said Tuesday its board has authorized a repurchase of up to $500,000 of its common shares from time to time, depending on market conditions. Shares of Kindly MD were up 7.5% in recent trading. Price: 1.29, Change: +0.09, Percent Change: +7.50 ...
Economy >
Cryptocurrency >
Bitcoin Price Prediction: What’s the Next Target and is a Liquidity Crisis Coming?
Bitcoin Price Prediction: What’s the Next Target and is a Liquidity Crisis Coming?
Mar 15, 2024
The price of Bitcoin (BTC) has reached new all-time highs much faster than analysts had expected. A substantial upswing kicked off a few weeks after the approval of the Bitcoin Spot ETF. BTC started the week with an intense burst of volatility, as it topped $73K, tumbled to $69K, and then climbed its way back above $70K — all in...
US SEC Charges 17 in $300M Crypto Ponzi Scheme
US SEC Charges 17 in $300M Crypto Ponzi Scheme
Mar 18, 2024
The United States Securities and Exchange Commission (SEC) has charged 17 individuals for allegedly perpetrating a cryptocurrency Ponzi scheme that defrauded thousands of Latino investors in the country for approximately $300 million. According to an official release from the regulator, the alleged fraudsters operated under a company named CryptoFX LLC, which is based in Houston, Texas. SEC Charges 17 For...
Shiba Inu (SHIB) Explodes 13% Overnight but Rival Meme Coin Outperforms
Shiba Inu (SHIB) Explodes 13% Overnight but Rival Meme Coin Outperforms
Mar 18, 2024
Meme coins are back at it with significant gains throughout the past 24 hours. The market is recovering, in general, but some meme coins are undoubtedly performing better than the rest. Shiba Inu (SHIB) is up a whopping 13% over the past 24 hours, trading at slightly below $0.0003. The cryptocurrency remains down some 10% on the weekly chart, outlining...
Will Bitcoin Enter The Danger Zone as Fed Rate Decision Looms ?
Will Bitcoin Enter The Danger Zone as Fed Rate Decision Looms ?
Mar 18, 2024
“Its officially Fed week, the week weve all been waiting for,” exclaimed macroeconomics outlet The Kobeissi Letter on March 17. The US Central Bank will make its highly anticipated announcement on March 20, which will set the tone for the USs economic outlook going forward. Key Events This Week: 1. Housing Starts data Tuesday 2. Fed Interest Rate Decision Wednesday...
Forex >
Copyright 2023-2026 - www.financetom.com All Rights Reserved