financetom
News
World
Environment
Technology
Politics
Retail
Business
Economy
Market summary >
Editors' picks >
News >
The world could have its first trillionaire within a decade, says study
The world could have its first trillionaire within a decade, says study
Jan 16, 2024
  Trillionaire: The Next Milestone of Wealth  The Anticipated Rise of the World's First Trillionaire  According to a recent report by Oxfam International, an anti-poverty organization, the world may witness its first trillionaire within the next decade. This prediction is based on the organization's annual assessment of global inequities, which revealed a significant increase in the wealth of the world's wealthiest individuals.   Growing...
‘We are not where we need to be’: Boeing vows to step up quality inspections on 737 Max planes after door panel blowout
‘We are not where we need to be’: Boeing vows to step up quality inspections on 737 Max planes after door panel blowout
Jan 16, 2024
  Boeing Increases Quality Inspections of 737 Max 9 Aircraft After Emergency Exit Door Failure  Quality Assurance Shortcomings  On Monday, Boeing notified its employees of plans to increase quality inspections of its 737 Max 9 aircraft. This decision follows the failure of an emergency exit door panel on an Alaska Airlines flight last week.   This incident marks the latest in a series of...
Uber’s big $1 billion bet on alcohol delivery is getting shuttered after less than 3 years
Uber’s big $1 billion bet on alcohol delivery is getting shuttered after less than 3 years
Jan 16, 2024
  Drizly, Uber's Alcohol Delivery Service, Is Closing Down  Uber Shifts Focus to Uber Eats  Drizly, the alcohol delivery service acquired by Uber in 2021 for $1.1 billion, is ceasing operations. Uber has decided to shut down the standalone delivery service, realigning its focus on its Uber Eats unit.   Uber Eats to Continue Delivering Alcohol  The closure of Drizly does not mean the end...
The Baltimore Sun snapped up by Sinclair executive: ‘It just seemed like the right time, so I made the deal’
The Baltimore Sun snapped up by Sinclair executive: ‘It just seemed like the right time, so I made the deal’
Jan 16, 2024
  David D. Smith Acquires Baltimore Sun Media from Alden Global CapitalIn a significant development in the media landscape, David D. Smith, the executive chairman of Sinclair Inc., has acquired Baltimore Sun Media from Alden Global Capital in a private deal. The acquisition, finalized on Friday, marks a new chapter for the esteemed Baltimore Sun newspaper.  Smith's Vision for the Baltimore Sun  Smith,...
World >
Market >
US STOCKS-US stock index futures muted ahead of consumer sentiment data
US STOCKS-US stock index futures muted ahead of consumer sentiment data
Oct 10, 2025
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Futures up: Dow 0.09%, S&P 500 0.01%, Nasdaq 0.01% * Applied Digital ( APLD ) rises on quarterly revenue beat * Levi Strauss slips after downbeat FY profit forecast (Updates prices) By Niket Nishant and Sukriti Gupta Oct 10...
Exchange-Traded Funds, Equity Futures Higher Pre-Bell as Investors Eye Consumer Sentiment Report
Exchange-Traded Funds, Equity Futures Higher Pre-Bell as Investors Eye Consumer Sentiment Report
Oct 10, 2025
09:05 AM EDT, 10/10/2025 (MT Newswires) -- The broad market exchange-traded fund SPDR S&P 500 ETF Trust ( SPY ) was up 0.1% and the actively traded Invesco QQQ Trust (QQQ) was also 0.1% higher in Friday's premarket activity, as investors look forward to the consumer sentiment report due later in the day and major banks' earnings next week. US...
Stocks Edge Higher Pre-Bell as Government Shutdown Enters 10th Day
Stocks Edge Higher Pre-Bell as Government Shutdown Enters 10th Day
Oct 10, 2025
07:33 AM EDT, 10/10/2025 (MT Newswires) -- The benchmark US stock measures were inching higher before Friday's open as traders continue to await a resolution to the ongoing federal government shutdown. The S&P 500 and the Nasdaq edged up less than 0.1% each in premarket activity, while the Dow Jones Industrial Average rose 0.1%. The indexes finished Thursday's trading session...
Sector Update: Tech
Sector Update: Tech
Oct 10, 2025
08:50 AM EDT, 10/10/2025 (MT Newswires) -- Technology stocks were edging higher premarket Friday, with the Technology Select Sector SPDR Fund (XLK) advancing by 0.1% and the SPDR S&P Semiconductor ETF (XSD) up 0.9%. Elastic (ESTC) stock was up nearly 13% after the company raised its fiscal Q2 and 2026 revenue guidance. ...
Environment >
Technology >
Blackrock price tests downward trend line - Forecast today - 30-04-2025
Blackrock price tests downward trend line - Forecast today - 30-04-2025
May 25, 2025
Blackrocks stock price (BLK) rose in latest intraday trading, testing the downward trend line in the short term, and coinciding with touching the resistance of the 50-day SMA, bolstering the strength of this area as a resistance against the stocks gains, especially with negative signals streaming from the Stochastic after reaching overbought levels compared to the prices movements. Therefore we...
Bristol-Myers Squibb price breaches current support- Forecast today - 12-05-2025
Bristol-Myers Squibb price breaches current support- Forecast today - 12-05-2025
May 25, 2025
Bristol-Myers Squibb Companys stock price (BMY) fell in latest intraday levels and breached the current support of $46.95, amid the dominance of the downward correctional trend in the short term, with negative pressure due to trading below the 50-day SMA, coupled with negative signals from the Stochastic after reaching overbought levels. Therefore we expect more losses for the price, provided...
Broadcom price rises cautiously- Forecast today- 21-05-2025
Broadcom price rises cautiously- Forecast today- 21-05-2025
May 25, 2025
Broadcom's stock price edged higher in latest intraday trading, boosted by trading above the 50-candle SMA, and with a strong ascending wave in the short term, but countered with negative signals streaming out of the Stochastic after reaching overbought levels. Therefore we expect the price to rise in upcoming trading, as long as the support of $211.20 holds on, targeting...
Blackstone price surges - Forecast today - 13-05-2025
Blackstone price surges - Forecast today - 13-05-2025
May 25, 2025
Blackstones stock price (BX) surged in latest intraday trading, amid the dominance of the upward correctional wave in the short term, while hurt by piercing the downward trend line previously, with the price boosted by trading above the 50-day SMA, accompanied by a surge in trading volumes, and with positive signals from the Stochastic despite reaching overbought levels. Therefore we...
Personal Finance >
Politics >
Retail >
Business >
ADNOC to take 35% stake in Exxon's Texas hydrogen plant
ADNOC to take 35% stake in Exxon's Texas hydrogen plant
Sep 4, 2024
DUBAI, Sept 4 (Reuters) - Abu Dhabi state oil giant ADNOC will acquire a 35% stake in a planned Exxon Mobil ( XOM ) large-scale hydrogen plant in Texas, the companies said on Wednesday. The production facility aims to produce up to 1 billion cubic feet per day of low-carbon hydrogen, with around 98% of carbon dioxide removed, they said...
REV Group's Fiscal Q3 Adjusted Earnings Rise, Sales Fall; Lowers Fiscal 2024 Sales Outlook -- Shares Drop
REV Group's Fiscal Q3 Adjusted Earnings Rise, Sales Fall; Lowers Fiscal 2024 Sales Outlook -- Shares Drop
Sep 4, 2024
07:46 AM EDT, 09/04/2024 (MT Newswires) -- REV Group ( REVG ) reported fiscal Q3 adjusted earnings Wednesday $0.48 per diluted share, up from $0.35 a year earlier. Analysts polled by Capital IQ expected $0.42. Net sales for the quarter ended July 31 were $579.4 million, down from $680 million a year earlier. Analysts surveyed by Capital IQ expected $618.7...
Exxon, Abu Dhabi's ADNOC to partner in delayed Texas hydrogen project
Exxon, Abu Dhabi's ADNOC to partner in delayed Texas hydrogen project
Sep 4, 2024
HOUSTON, Sept 4 (Reuters) - Abu Dhabi National Oil Company (ADNOC) will acquire a 35% equity stake in Exxon Mobil Corp's ( XOM ) proposed low-carbon hydrogen project in Texas, with the companies announcing a one-year start-up delay until 2029. ADNOC's investment shows a sign of confidence in a multi-billion dollar project that Exxon has threatened to cancel if the...
What's Going On With Southwest Airlines Stock Premarket Wednesday?
What's Going On With Southwest Airlines Stock Premarket Wednesday?
Sep 4, 2024
Southwest Airlines Co. ( LUV ) shares are trading slightly higher premarket Wednesday. The company stated that it closed out summer travel with zero cancellations on Labor Day, marking another peak season of reliable operations. The airline delivered strong service during the final summer travel weekend, connecting over 1.8 million customers on 14,500 flights with a 99.9% completion rate. For...
Economy >
Cryptocurrency >
Forex >
Copyright 2023-2026 - www.financetom.com All Rights Reserved