financetom
News
World
Environment
Technology
Politics
Retail
Business
Economy
Market summary >
Editors' picks >
News >
World >
Market >
Equity Markets Mixed Ahead of Netflix Results
Equity Markets Mixed Ahead of Netflix Results
Apr 18, 2024
03:42 PM EDT, 04/18/2024 (MT Newswires) -- US benchmark equity indexes were struggling for direction ahead of Thursday's close, as traders evaluated the latest corporate earnings and awaited Netflix's ( NFLX ) results. The Nasdaq Composite was down 0.3% at 15,630.1, while the S&P 500 fell 0.1% to 5,017.7. The Dow Jones Industrial Average rose 0.2% to 37,822.1. Among sectors,...
Sector Update: Energy Stocks Decline Late Afternoon
Sector Update: Energy Stocks Decline Late Afternoon
Apr 18, 2024
03:47 PM EDT, 04/18/2024 (MT Newswires) -- Energy stocks fell late Thursday afternoon, with the NYSE Energy Sector Index and Energy Select Sector SPDR Fund (XLE) each shedding 0.3%. The Philadelphia Oil Service Sector index rose 0.4%, and the Dow Jones US Utilities index gained 0.5%. West Texas Intermediate crude oil was fractionally up at $82.70 per barrel, while global...
US STOCKS-S&P 500, Nasdaq slip as investors digest earnings, data
US STOCKS-S&P 500, Nasdaq slip as investors digest earnings, data
Apr 18, 2024
* Fed officials signal pause on rate cuts * Initial jobless claims unchanged from prior week * Indexes: Dow up 0.03%, S&P down 0.19%, Nasdaq 0.38% (Updated at 2:20 p.m. ET/ 1830 GMT) By Chuck Mikolajczak NEW YORK, April 18 (Reuters) - U.S. stocks dipped on Thursday, as investors waded through the latest batch of corporate earnings, while economic data...
Wall Street stabilizes after data
Wall Street stabilizes after data
Apr 18, 2024
US stock indices stabilized on Thursday following strong data that showed the Fed wont be pressured any time soon to cut interest rates. Earlier US data showed unemployment claims stabilized at just 212 thousand last week. Otherwise, IMF Director Christalina Georgiva said to Bloomberg she still sees a possibility of a Fed interest rate cut this year, however she supported...
Environment >
Technology >
Spotlight on IBM: Analyzing the Surge in Options Activity
Spotlight on IBM: Analyzing the Surge in Options Activity
Nov 21, 2024
Deep-pocketed investors have adopted a bullish approach towards IBM ( IBM ) , and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in IBM ( IBM ) usually suggests something big is about to happen. We gleaned...
Huawei To Reportedly Take On Nvidia With Mass Production Of New AI Chips By 2025 Amid US Restrictions
Huawei To Reportedly Take On Nvidia With Mass Production Of New AI Chips By 2025 Amid US Restrictions
Nov 21, 2024
Huawei Technologies Co., Ltd. is set to initiate mass production of its latest AI chip, the Ascend 910C, in early 2025, despite facing significant hurdles due to U.S. trade restrictions. What Happened: The Chinese telecom giant has already distributed samples of the Ascend 910C to various tech firms and begun accepting orders. The chip is designed to rival those from U.S. AI chipmaker Nvidia...
China claims 'wipe-out' of large telecom fraud centres in northern Myanmar
China claims 'wipe-out' of large telecom fraud centres in northern Myanmar
Nov 21, 2024
BEIJING (Reuters) - China and Myanmar's law enforcement agencies have wiped out all large-scale telecom fraud centres operating in northern Myanmar, Chinese state media reported on Thursday, after an operation at the weekend saw more than 700 arrested. China launched a campaign last year to combat telecom fraud in Myanmar following a surge in crimes targeting Chinese citizens. Since then,...
How Much Does It Really Cost To Complete Pokémon TCG's First Set?
How Much Does It Really Cost To Complete Pokémon TCG's First Set?
Nov 21, 2024
Nintendo ADR‘s (OTC:NTDOY) Pokémon TCG Pocket, a mobile game that combines the collectible card game experience with a free-to-play model, has made waves with its pricing structure. Gamer and Reddit user Weens4Life has shared how they spent $1,500 to complete the Genetic Apex set—a task that involved opening 1,741 booster packs to obtain all the cards, according to IGN. See...
Personal Finance >
Politics >
Retail >
Business >
FTAI Aviation Q1 Earnings, Revenue Rise; Quarterly Dividend Increased
FTAI Aviation Q1 Earnings, Revenue Rise; Quarterly Dividend Increased
Apr 29, 2026
04:38 PM EDT, 04/29/2026 (MT Newswires) -- FTAI Aviation ( FTAI ) reported Q1 earnings late Wednesday of $1.29 per diluted share, up from $0.87 a year earlier. Analysts polled by FactSet expected $1.50. Revenue for the three months ended March 31 was $830.7 million, up from $502.1 million a year earlier. Analysts surveyed by FactSet expected $749.8 million. The...
TTM Technologies Q1 Non-GAAP Earnings, Sales Rise; Shares Gain After Hours
TTM Technologies Q1 Non-GAAP Earnings, Sales Rise; Shares Gain After Hours
Apr 29, 2026
04:38 PM EDT, 04/29/2026 (MT Newswires) -- TTM Technologies ( TTMI ) reported Q1 non-GAAP earnings late Wednesday of $0.75 per diluted share, up from $0.50 a year earlier. One analyst polled by FactSet expected $0.67. Net sales in the quarter ended March 30 rose to $846 million from $648.7 million a year earlier. One analyst surveyed by FactSet expected...
Allstate Q1 Adjusted Earnings, Revenue Rise
Allstate Q1 Adjusted Earnings, Revenue Rise
Apr 29, 2026
04:39 PM EDT, 04/29/2026 (MT Newswires) -- Allstate ( ALL ) reported Q1 adjusted earnings late Wednesday of $10.65 per diluted share, up from $3.53 a year earlier. Analysts surveyed by FactSet expected $7.31. Revenue for the three months ended March 31 was $16.94 billion, up from $16.45 billion a year earlier. Analysts polled by FactSet expected $17.13 billion. ...
Cytokinetics Insider Sold Shares Worth $447,150, According to a Recent SEC Filing
Cytokinetics Insider Sold Shares Worth $447,150, According to a Recent SEC Filing
Apr 29, 2026
04:40 PM EDT, 04/29/2026 (MT Newswires) -- Robert I Blum, Director, President & CEO, on April 29, 2026, sold 7,500 shares in Cytokinetics ( CYTK ) for $447,150. Following the Form 4 filing with the SEC, Blum has control over a total of 411,996 common shares of the company, with 407,830 shares held directly and 4,166 controlled indirectly. SEC Filing:...
Economy >
Cryptocurrency >
3 Reasons Bitcoin Could Break Records Again This February
3 Reasons Bitcoin Could Break Records Again This February
Jan 28, 2025
TL;DR Despite the brief price dip at the start of the business week, Bitcoin (BTC) seems capable of tapping a fresh all-time high in the following weeks. Nevertheless, theres also a dark horse in this prediction game, as the next FOMC meeting is right around the corner. New Peak in Just a Few Days? Despite its enhanced volatility since the...
MiCA Framework Brings 4 Leading Crypto Exchanges Under Unified EU Regulations
MiCA Framework Brings 4 Leading Crypto Exchanges Under Unified EU Regulations
Jan 28, 2025
Four leading cryptocurrency exchanges have recently secured full licenses under the European Unions Markets in Crypto-Assets Regulation (MiCA). MiCA, which became effective on December 30, 2024, provides a unified regulatory framework for crypto-asset service providers (CASPs) operating across the European Economic Area (EEA). Crypto.com announced on January 27 that its Malta entity received a MiCA license from the Malta Financial...
Ripple Secures Money Transmitter Licenses in New York and Texas, Expanding US Operations
Ripple Secures Money Transmitter Licenses in New York and Texas, Expanding US Operations
Jan 28, 2025
Digital asset infrastructure company Ripple has announced securing Money Transmitter Licenses (MTLs) in New York and Texas. With these new licenses, Ripple now holds over 50 MTLs. Both Texas and New York have strict regulatory frameworks and high compliance standards. Ripples MTL Expansion According to the official press release, Ripple Payments Money Transmitter Licenses (MTLs) allow US customers to utilize...
Ethereum Price Analysis: Can ETH Finally Break Out of its Corrective Phase?
Ethereum Price Analysis: Can ETH Finally Break Out of its Corrective Phase?
Jan 28, 2025
Ethereum’s price went through a frustrating correction at the start of the week. However, things could change soon, and a rebound might occur in the coming weeks. Technical Analysis By Edris Derakhshi (TradingRage) The Daily Chart On the daily chart, the asset has been making lower highs and lows since getting rejected from the $4,000 resistance level. The $3,500 level...
Forex >
Copyright 2023-2026 - www.financetom.com All Rights Reserved