financetom
News
World
Environment
Technology
Politics
Retail
Business
Economy
Market summary >
Editors' picks >
News >
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...
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...
Gold IG Client Sentiment: Our data shows traders are now net
Gold IG Client Sentiment: Our data shows traders are now net
Mar 25, 2024
Number of traders net-short has decreased by 16.42% from last week. SYMBOLTRADING BIASNET-LONG%NET-SHORT%CHANGE IN LONGSCHANGE IN SHORTSCHANGE IN OI Gold BEARISH 50.43% 49.57% 11.14% Daily7.51% Weekly 6.18% Daily-16.42% Weekly 8.62% Daily-5.85% Weekly Gold Bearish Data provided by of clients are net long. of clients are net short. Change in Longs Shorts OI Daily 11% 6% 9% Weekly 8% -16% -6%...
Markets Week Ahead: Gold Overreacts, Sterling Sinks and USD Advances
Markets Week Ahead: Gold Overreacts, Sterling Sinks and USD Advances
Mar 25, 2024
Gold Whipsaws and Signals a Potential Momentum Shift The precious metal rose phenomenally in the wake of the FOMC meeting and updated summary of economic projections. The US dollar acted as the release valve for all the hawkish sentiment that had been priced into the market. US activity, jobs and inflation data printed on the higher side of estimates in...
World >
Market >
Nasdaq Closes Above 20,000 for First Time, Dow Falls After CPI Data
Nasdaq Closes Above 20,000 for First Time, Dow Falls After CPI Data
Dec 11, 2024
05:08 PM EST, 12/11/2024 (MT Newswires) -- The Nasdaq Composite closed above the 20,000 level for the first time amid a rally in major technology shares as markets assessed official inflation data. The technology-heavy Nasdaq jumped 1.8% to 20,034.9 on Wednesday, while the S&P 500 rose 0.8% to 6,084.2. The Dow Jones Industrial Average fell 0.2% to 44,148.6. Communication services...
Eldorado Gold Edges Higher In US After Hours As Releases Updated Mineral Reserve and Mineral Resource Statement
Eldorado Gold Edges Higher In US After Hours As Releases Updated Mineral Reserve and Mineral Resource Statement
Dec 11, 2024
05:19 PM EST, 12/11/2024 (MT Newswires) -- Eldorado Gold ( EGO ) was marginally higher in U.S. after-hour trade Wednesday as it released its updated Mineral Reserve and Mineral Resource estimates as of September 30. Among highlights, Eldorado said 2024 gold mineral reserves increased to 11.9 million ounces with measured and indicated gold mineral resources of 22.0-million ounces. It also...
Nasdaq Closes Above 20,000 for 1st Time; Dow, S&P 500 Mixed
Nasdaq Closes Above 20,000 for 1st Time; Dow, S&P 500 Mixed
Dec 11, 2024
04:32 PM EST, 12/11/2024 (MT Newswires) -- The Nasdaq Composite closed above the 20,000 level for the first time Wednesday as markets assessed official data showing that consumer inflation accelerated in line with Wall Street's projections last month. The technology-heavy Nasdaq jumped 1.8% to 20,034.9, while the S&P 500 rose 0.8% to 6,084.2. The Dow Jones Industrial Average fell 0.2%...
Tame US inflation boosts S&P 500, Nasdaq rallies above 20,000
Tame US inflation boosts S&P 500, Nasdaq rallies above 20,000
Dec 11, 2024
NEW YORK (Reuters) -Wall Street's benchmark S&P 500 index rose on Wednesday and a rally in tech stocks lifted the Nasdaq above the 20,000-point milestone for the first time, after a U.S. inflation report boosted expectations of a Federal Reserve interest rate cut. The Dow Jones Industrial Average dipped, dragged by health insurers as U.S. lawmakers introduced a bill seen...
Environment >
Technology >
Cisco Is Making Its AI Push Through Realignment
Cisco Is Making Its AI Push Through Realignment
Aug 20, 2024
Cisco Systems Inc ( CSCO ) reported its fiscal fourth quarter results that revealed declining earnings and revenue. The networking company still managed to surpass estimates despite revenue decline for the third continous time this year. Partnered with Nvidia Corporation ( NVDA ) , Cisco ( CSCO ) remains confident of being equipped to break new ground in AI. In order to...
Turn/River Capital explores $2.5 billion sale of Redwood Software, sources say
Turn/River Capital explores $2.5 billion sale of Redwood Software, sources say
Aug 20, 2024
Aug 20 (Reuters) - Investment firm Turn/River Capital is exploring a potential sale of Redwood Software that could value the maker of automation software at about $2.5 billion including debt, according to people familiar with the matter. San Francisco-based Turn/River has tapped Goldman Sachs ( GS ) to launch a sale process for Redwood that is expected to attract interest...
AI startup Recogni unveils new computing method to slash costs, power requirements
AI startup Recogni unveils new computing method to slash costs, power requirements
Aug 20, 2024
(Reuters) - AI chip and software startup Recogni unveiled a novel computing method on Tuesday that could make its chips used to train and run artificial intelligence systems smaller, faster and less expensive to operate. Backed by BMW, Bosch and venture capital firm Mayfield, Recogni develops specialized chips and software to enable AI inferencing - the process of trained AI...
Factbox-Who are the six missing in luxury yacht disaster off Sicily
Factbox-Who are the six missing in luxury yacht disaster off Sicily
Aug 20, 2024
LONDON (Reuters) - An intense storm sank a luxury yacht off Sicily's coast on Monday, killing one man and leaving six missing, including British tech entrepreneur Mike Lynch and his daughter. Fifteen people escaped before the yacht sank. Here are details about the missing passengers. MIKE LYNCH AND DAUGHTER HANNAH Tech entrepreneur Lynch built Britain's biggest software company, Autonomy. Often...
Personal Finance >
Politics >
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.
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. 
Retail >
Business >
Salesforce's Seasonally Soft Q1 Offset by Bullish Outlook on GenAI Business, Morgan Stanley Says
Salesforce's Seasonally Soft Q1 Offset by Bullish Outlook on GenAI Business, Morgan Stanley Says
May 17, 2024
12:02 PM EDT, 05/17/2024 (MT Newswires) -- Salesforce ( CRM )' (CRM) upcoming fiscal Q1 results are unlikely to spur excitement as it is usually a seasonally soft quarter, and with foreign exchange headwinds and weak prints from front-office peers tempering expectations, Morgan Stanley said in a report Friday. But the firm said the near-term caution is being offset by...
Update: Market Chatter: Large Hess Shareholder to Abstain From Vote on Chevron Takeover
Update: Market Chatter: Large Hess Shareholder to Abstain From Vote on Chevron Takeover
May 17, 2024
12:06 PM EDT, 05/17/2024 (MT Newswires) -- (Updates with additional details in the third, fourth, and fifth paragraphs) Hess (HES) shareholder D.E. Shaw intends to abstain from voting on Chevron's ( CVX ) planned $53 billion takeover of the oil company, Bloomberg reported Friday, citing Managing Director Jason Singer. D.E. Shaw is one of the top 15 shareholders in Hess,...
Aqua Metals Closes $8.05 Million Securities Offering
Aqua Metals Closes $8.05 Million Securities Offering
May 17, 2024
12:03 PM EDT, 05/17/2024 (MT Newswires) -- Aqua Metals ( AQMS ) said Friday it closed a $8.05 million public stock offering of almost 20.2 million shares at $0.39 apiece, along with related warrants at $0.01 each. The offering included the full exercise by the underwriter of its overallotment option, and net proceeds will be used for working capital and...
Update: Arbutus Biopharma Urged to Stop Share Issuances, Explore Alternatives for Hepatitis B Program
Update: Arbutus Biopharma Urged to Stop Share Issuances, Explore Alternatives for Hepatitis B Program
May 17, 2024
12:03 PM EDT, 05/17/2024 (MT Newswires) -- (Updates with Arbutus comments in sixth and seventh paragraphs. Updates stock move in the last paragraph.) Arbutus Biopharma ( ABUS ) shareholder Whitefort Capital Management issued an open letter to shareholders Friday urging the company to stop further share issuances and explore strategic alternatives for its hepatitis B portfolio. Whitefort, which holds about...
Economy >
Cryptocurrency >
Forex >
Copyright 2023-2026 - www.financetom.com All Rights Reserved