financetom
News
World
Environment
Technology
Politics
Retail
Business
Economy
Market summary >
Editors' picks >
News >
US dollar gives up three-month high on profit-taking
US dollar gives up three-month high on profit-taking
Nov 3, 2024
The US dollar fell in European trade on Thursday against a basket of major rivals away from three-month highs, on track for the first loss in four days amid active profit-taking as US 10-year treasury yields stall. Now investors await a batch of important US data later today that will shed light on the health of the US economy in...
Bank of Canada cuts interest rates by 50 basis points
Bank of Canada cuts interest rates by 50 basis points
Nov 3, 2024
The Bank of Canada today announced an interest rate cut of 50 basis points to 3.75% as expected. The BOC expects the global economy to expand by a yearly 3% rate in the next two years, and for the US economic growth to be better than expected, but Chinese outlook remains weak. Inflation has taken a dive in advanced economies...
Yen about to mark fresh weekly loss ahead of general elections
Yen about to mark fresh weekly loss ahead of general elections
Nov 3, 2024
The Japanese yen rose in European trade on Friday away from three-month lows against the US dollar, amid active short-covering, while US 10-year treasury yields slowed down. Despite the gains today, the yen is still heading for a weekly loss, ahead of the Japanese parliamentary elections during the weekend, with opinion polls indicating the governing LDP could lose its majority....
Loonie declines after aggressive BOC interest rate cut
Loonie declines after aggressive BOC interest rate cut
Nov 3, 2024
The Canadian dollar fell against most major rivals after an aggressive step taken by the Bank of Canada today. The Bank of Canada today announced an interest rate cut of 50 basis points to 3.75% as expected. The BOC expects the global economy to expand by 3% in the next two years, and for the US economic growth to be...
World >
Market >
Environment >
Technology >
The Analyst Landscape: 14 Takes On AT&T
The Analyst Landscape: 14 Takes On AT&T
Aug 15, 2024
Across the recent three months, 14 analysts have shared their insights on AT&T ( T ) , expressing a variety of opinions spanning from bullish to bearish. 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...
Expert Outlook: Snowflake Through The Eyes Of 32 Analysts
Expert Outlook: Snowflake Through The Eyes Of 32 Analysts
Aug 15, 2024
In the latest quarter, 32 analysts provided ratings for Snowflake , showcasing a mix of bullish and bearish perspectives. In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 11 14 7 0...
Texas Instruments to receive up to $1.6 bln under CHIPS Act
Texas Instruments to receive up to $1.6 bln under CHIPS Act
Aug 16, 2024
Aug 16 (Reuters) - Texas Instruments ( TXN ) will receive as much as $1.6 billion in direct funding from the U.S. Commerce Department to support the construction of three new domestic facilities, the analog chipmaker said on Friday. In addition to the agreement signed under the CHIPS and Science Act, Texas Instruments ( TXN ) expects to receive about...
Applied Materials forecasts quarterly revenue above estimates on AI-driven demand
Applied Materials forecasts quarterly revenue above estimates on AI-driven demand
Aug 15, 2024
(Reuters) -Applied Materials ( AMAT ) forecast fourth-quarter revenue slightly above Wall Street estimates on Thursday, anticipating a surge in AI-fueled demand for its chip-making equipment. Booming demand for AI-powered chips has increased the need for sophisticated and expensive wafer fabrication equipment (WFE) essential for chip manufacturing, benefiting companies such as Applied Materials ( AMAT ). A rise in demand...
Personal Finance >
Politics >
View: Rahul Gandhi has spent nearly two decades in public life but his leadership still remains a work in progress
View: Rahul Gandhi has spent nearly two decades in public life but his leadership still remains a work in progress
Jun 18, 2022
Rahul Gandhi turns 52 on Sunday. The young leader of the Congress party who could have shaped a different career turned a politician in 2004. The nearly two decade journey is littered with opportunities that could have given him a profile different from a reluctant and hesitant politician to one who is projected by opponents as a bumbling politico. For most people who engaged with Rahul Gandhi were convinced of his being sincere but removed from the world of realpolitik
Haryana: Polling for 28 municipal committees and 18 municipal councils begins
Haryana: Polling for 28 municipal committees and 18 municipal councils begins
Jun 19, 2022
Voting for Haryana's 28 municipal committees and 18 municipal councils began at 7 am on Sunday and will continue till 6 pm. According to officials, there are a total of 456 wards in 18 municipal councils. There are 12.60 lakh registered voters, out of which 6,63,870 are male, 5,96,095 female and 35 are transgender voters.
Maharashtra political crisis highlights: Cabinet meeting tomorrow; embattled CM Uddhav goes into huddle with supporters; Shinde refuses to return to Sena
Maharashtra political crisis highlights: Cabinet meeting tomorrow; embattled CM Uddhav goes into huddle with supporters; Shinde refuses to return to Sena
Jun 21, 2022
The Maharashtra Assembly's strength is 288 and the current strength is 285 as Anil Deshmukh and Nawab Malik are in jail and Ramesh Latake had passed away. A party needs 143 MLAs to prove a majority in the state Assembly and form the government in the politically crucial state. The BJP has 134 MLAs and is nine short of the majority mark.
EC 'deletes' 111 non-existent political parties, cracks down on some registered ones
EC 'deletes' 111 non-existent political parties, cracks down on some registered ones
Jun 20, 2022
The Election Commission delisted these registered unrecognised political parties (RUPPs) after they were found to be non-existent during physical verification.
Retail >
Business >
Economy >
Cryptocurrency >
Forex >
Copyright 2023-2026 - www.financetom.com All Rights Reserved