financetom
News
World
Environment
Technology
Politics
Retail
Business
Economy
Market summary >
Editors' picks >
News >
World >
Market >
Top Midday Stories: Stocks Rise After Lower-Than-Expected CPI; Intel Q3 EPS, Revenue Top Expectations
Top Midday Stories: Stocks Rise After Lower-Than-Expected CPI; Intel Q3 EPS, Revenue Top Expectations
Oct 24, 2025
11:54 AM EDT, 10/24/2025 (MT Newswires) -- All three major US stock indexes were up in late-morning trading Friday after the latest consumer price index showed inflation came in below expectations. The US seasonally adjusted CPI rose by 0.3% in September, below expectations for a 0.4% gain in a survey compiled by Bloomberg and following a 0.4% increase in August,...
Sector Update: Health Care
Sector Update: Health Care
Oct 24, 2025
12:58 PM EDT, 10/24/2025 (MT Newswires) -- Health care stocks rose Friday afternoon, with the NYSE Health Care Index fractionally higher and the Health Care Select Sector SPDR Fund (XLV) up 0.1%. The iShares Biotechnology ETF (IBB) added 0.5%. In corporate news, Eli Lilly ( LLY ) has agreed to buy Adverum Biotechnologies ( ADVM ) , which is developing...
TREASURIES -US yields mixed after inflation, consumer sentiment data
TREASURIES -US yields mixed after inflation, consumer sentiment data
Oct 24, 2025
* US September CPI rises less than expected * US October consumer sentiment index falls from September level * US 2/10 yield curve steepens (Adds comment, bullets, details, byline) By Gertrude Chavez-Dreyfuss NEW YORK, Oct 24 (Reuters) - U.S. Treasury yields were narrowly mixed on Friday, with those on the shorter end of the curve slightly lower, after data showed...
EMERGING MARKETS-Argentina stocks rally ahead of key vote as US ties hang in balance
EMERGING MARKETS-Argentina stocks rally ahead of key vote as US ties hang in balance
Oct 24, 2025
* Argentine equities set for 4% weekly gain * Peso stabilizes after record low earlier this week * Brazilian stocks set for longest winning streak in over a month By Niket Nishant Oct 24 (Reuters) - Argentina's stocks rose 0.8% on Friday and were on track to end the week with a 4% gain ahead of a crucial midterm vote...
Environment >
Technology >
American AI firms try to poke holes in disruptive DeepSeek
American AI firms try to poke holes in disruptive DeepSeek
Jan 27, 2025
* Top US AI labs analyze DeepSeek's low-cost models * Snowflake adds DeepSeek models amid customer demand * DeepSeek likely spent more than widely reported $6 million figure, experts say By Kenrick Cai, Anna Tong and Jeffrey Dastin SAN FRANCISCO, Jan 28 - Developers at leading U.S. AI firms are praising the DeepSeek AI models that have leapt into prominence...
SAP sees higher operating profit in 2025
SAP sees higher operating profit in 2025
Jan 27, 2025
Jan 28 (Reuters) - SAP, Europe's largest software maker, said on Tuesday it was more optimistic about its financial results this year due to accelerating growth in revenue form cloud computing. The group said it expects operating profit, on a constant currency basis, to rise 26% to 30% in 2025 to between 10.3 billion euros and 10.6 billion euros ($10.75...
Nvidia Says DeepSeek An 'Illustration' Of How New AI Models Can Be Created While Being Export-Control Compliant Amid $600 Billion Market Value Plunge
Nvidia Says DeepSeek An 'Illustration' Of How New AI Models Can Be Created While Being Export-Control Compliant Amid $600 Billion Market Value Plunge
Jan 27, 2025
Nvidia Corp. ( NVDA ) has acknowledged China’s DeepSeek R1 artificial intelligence model. The startup’s emergence coincided with a $600 billion decline in Nvidia’s market value on Monday. What Happened: The endorsement came as DeepSeek’s open-source AI model, developed for under $6 million, reportedly outperformed leading U.S. models like those from OpenAI. The achievement sparked a broader tech selloff, with...
American AI firms try to poke holes in disruptive DeepSeek
American AI firms try to poke holes in disruptive DeepSeek
Jan 27, 2025
SAN FRANCISCO - Developers at leading U.S. AI firms are praising the DeepSeek AI models that have leapt into prominence while also trying to poke holes in the notion that their multi-billion dollar technology has been bested by a Chinese newcomer's low-cost alternative. Chinese startup DeepSeek on Monday sparked a stock selloff and its free AI assistant overtook OpenAI's ChatGPT...
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.
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.
Brahmapuram waste plant fire: Kerala Assembly witnesses uproarious scenes, LoP says CM running away from issue
Brahmapuram waste plant fire: Kerala Assembly witnesses uproarious scenes, LoP says CM running away from issue
Mar 13, 2023
A fire that broke out at the waste treatment plant in Kochi on March 2, 2023, continues to spread toxic fumes even after 11 days of the incident. The Kerala government has said that 95 percent of the fire has been extinguished, but the smoke from the landfill has not entirely subsided. 
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.
Retail >
Business >
KBR secures NASA contract worth up to $3.6 billion for astronaut health support
KBR secures NASA contract worth up to $3.6 billion for astronaut health support
Aug 13, 2025
(Reuters) -Engineering contractor KBR said on Wednesday it had secured a $2.46 billion contract from the National Aeronautics and Space Administration to support astronaut and worker health and safety during space missions. Shares of KBR rose 2.7% in extended trading. The five-year agreement, starting November 1, includes two optional extensions potentially extending the contract until 2035. Most work will be...
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,...
Api Group Insider Sold Shares Worth $12,598,800, According to a Recent SEC Filing
Api Group Insider Sold Shares Worth $12,598,800, According to a Recent SEC Filing
Aug 13, 2025
05:22 PM EDT, 08/13/2025 (MT Newswires) -- James E Lillie, Director, on August 11, 2025, sold 360,000 shares in Api Group ( APG ) for $12,598,800. Following the Form 4 filing with the SEC, Lillie has control over a total of 8,778,203 common shares of the company, with 1,425,019 shares held directly and 7,353,184 controlled indirectly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1796209/000162828025040231/xslF345X05/wk-form4_1755119960.xml ...
Api Group Insider Sold Shares Worth $7,924,527, According to a Recent SEC Filing
Api Group Insider Sold Shares Worth $7,924,527, According to a Recent SEC Filing
Aug 13, 2025
05:23 PM EDT, 08/13/2025 (MT Newswires) -- Ian G H Ashken, Director, on August 11, 2025, sold 225,000 shares in Api Group ( APG ) for $7,924,527. Following the Form 4 filing with the SEC, Ashken has control over a total of 8,326,980 common shares of the company, with 8,326,980 controlled indirectly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1796209/000162828025040230/xslF345X05/wk-form4_1755119953.xml ...
Economy >
Cryptocurrency >
These Crypto Exchanges Will Support the SLERF Community Following Presale Fund Mishap
These Crypto Exchanges Will Support the SLERF Community Following Presale Fund Mishap
Mar 19, 2024
Crypto exchanges HTX (formerly Huobi), Bitget, and BingX have pledged to donate trading fees to support the Slerf community after the anonymous meme coin developer accidentally burned $10 million in presale funds. Despite this setback, market speculators aggressively pumped the token, increasing its value by over 5,000% and sending its price above the $1 mark. Crypto Platforms Step Up to...
Japan’s $1.5 Trillion GPIF Pension Fund Eyes Bitcoin Amidst Surging Market
Japan’s $1.5 Trillion GPIF Pension Fund Eyes Bitcoin Amidst Surging Market
Mar 19, 2024
Japans Government Pension Investment Fund (GPIF), managing a staggering $1.5 trillion, has initiated inquiries into diversifying its portfolio, eyeing assets like Bitcoin in addition to gold, forests, and farmland. The latest move is a call for information and doesnt signify an immediate expansion of investment targets, including Bitcoin. Worlds Largest Pension Fund Explores Bitcoin Founded in 2006, GPIF is the...
BoJ Exits Negative Rates but JPY Falters, USD Bid on Rate Cut Pushback
BoJ Exits Negative Rates but JPY Falters, USD Bid on Rate Cut Pushback
Mar 19, 2024
(AI Video Summary) The recent decision by the Bank of Japan to increase interest rates has caused the value of the yen to drop and has supported the dollar. In simple terms, this means that it is now more expensive to buy Japanese yen with the dollar. The Bank of Japan will still buy bonds in the market to control...
Top 5 Meme Coins to Watch This Week
Top 5 Meme Coins to Watch This Week
Mar 19, 2024
TL;DR The meme coin market has seen explosive growth, with its valuation briefly surpassing $60 billion. Shiba Inu and Dogwifhat are among the leaders in the pack despite a broader market correction. However, the volatility and risks are highlighted by incidents such as Slerfs developer accidentally burning $10 million of presale funds, showcasing the inherent dangers in meme coin investments....
Forex >
Copyright 2023-2026 - www.financetom.com All Rights Reserved