financetom
News
World
Environment
Technology
Politics
Retail
Business
Economy
Market summary >
Editors' picks >
News >
Yen declines after grim spending data from Japan
Yen declines after grim spending data from Japan
Nov 7, 2025
The Japanese yen weakened in Asian trading on Friday against a basket of major and minor currencies, paring some of its gains from the previous day against the US dollar after the release of gloomy economic data showing an unexpected slowdown in household spending. Despite todays decline, the yen remains on track to post a weekly gain, supported by buying...
Sterling resumes losses on UK budget concerns
Sterling resumes losses on UK budget concerns
Nov 7, 2025
The British pound fell in European trading on Friday against a basket of major currencies, resuming losses after a two-day rebound from a seven-month low against the US dollar. The decline came as investors grew increasingly concerned about the upcoming UK budget, expected to be announced soon. UK Chancellor of the Exchequer Rachel Reeves signaled this week that broad-based tax...
How energy providers can capitalize on the data center boom
How energy providers can capitalize on the data center boom
Nov 6, 2025
The rapid rise of artificial intelligence and digital infrastructure has made data centers the fastest-growing source of electricity demand in North America. As grid operators and policymakers race to keep pace with this surge, energy providers face a historic opportunity to unlock new avenues of growth and revenue. The First Challenge: Capacity Bottlenecks Data center developers are working under tight...
Why U.S. energy bills are expected to keep rising
Why U.S. energy bills are expected to keep rising
Nov 7, 2025
Democratic promises to lower energy costs helped deliver a comfortable win in last Tuesdays elections, as several party candidates pledged to freeze utility rates. Democrats also captured seats on Georgias Public Service Commission for the first time in nearly two decades a sharp rebuke to regulators who had approved six electricity rate hikes over the past two years. As a...
World >
Market >
Sector Update: Health Care
Sector Update: Health Care
Jan 7, 2025
01:40 PM EST, 01/07/2025 (MT Newswires) -- Health care stocks rose Tuesday afternoon with the NYSE Health Care Index and the Health Care Select Sector SPDR Fund (XLV) both climbing 0.7%. The iShares Biotechnology ETF (IBB) climbed 1.3%. In corporate news, Stryker (SYK) agreed to buy medical technology maker Inari Medical ( NARI ) for $4.9 billion in cash. Stryker...
US Equity Indexes Drop as Jobs, Services Data Push 10-Year Yield to Highest in 8 Months
US Equity Indexes Drop as Jobs, Services Data Push 10-Year Yield to Highest in 8 Months
Jan 7, 2025
01:25 PM EST, 01/07/2025 (MT Newswires) -- US equity indexes fell as stronger-than-expected job openings and services sent the 10-year government bond yield to an eight-month high, triggering a sharp decline in communication services and technology. The S&P 500 fell 0.5% to 5,943.7, the Nasdaq Composite dropped 1.2% to 19,630.3, and the Dow Jones Industrial Average slid slightly to 42,695.2...
Sector Update: Energy
Sector Update: Energy
Jan 7, 2025
01:30 PM EST, 01/07/2025 (MT Newswires) -- Energy stocks were higher Tuesday afternoon, with the NYSE Energy Sector Index and the Energy Select Sector SPDR Fund (XLE) each climbing 1.6%. The Philadelphia Oil Service Sector index rose 1.3%, and the Dow Jones US Utilities index was fractionally higher. Front-month West Texas Intermediate crude oil was rising 1.2% to $74.44 a...
Sector Update: Tech
Sector Update: Tech
Jan 7, 2025
01:41 PM EST, 01/07/2025 (MT Newswires) -- Tech stocks were falling Tuesday afternoon, with the Technology Select Sector SPDR Fund (XLK) dropping 1.2% and the SPDR S&P Semiconductor ETF (XSD) down 0.2%. The Philadelphia Semiconductor index shed 0.6%. In sector news, President-elect Donald Trump outlined a $20 billion foreign investment to build new data centers in the US, CNBC reported...
Environment >
Technology >
Personal Finance >
Politics >
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.
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.
Retail >
Business >
Netflix Insider Sold Shares Worth $21,821,013, According to a Recent SEC Filing
Netflix Insider Sold Shares Worth $21,821,013, According to a Recent SEC Filing
Jul 3, 2025
03:48 AM EDT, 07/03/2025 (MT Newswires) -- Reed Hastings, Director, on July 01, 2025, sold 16,840 shares in Netflix ( NFLX ) for $21,821,013. Following the Form 4 filing with the SEC, Hastings has control over a total of 10,067 common shares of the company, with 10,067 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1065280/000106528025000297/xslF345X05/wk-form4_1751499251.xml ...
Joby Aviation Insider Sold Shares Worth $4,952,079, According to a Recent SEC Filing
Joby Aviation Insider Sold Shares Worth $4,952,079, According to a Recent SEC Filing
Jul 3, 2025
03:52 AM EDT, 07/03/2025 (MT Newswires) -- JoeBen Bevirt, 10% Owner, Director, Chief Executive Officer and Chief Architect, on July 01, 2025, sold 504,285 shares in Joby Aviation ( JOBY ) for $4,952,079. Following the Form 4 filing with the SEC, Bevirt has control over a total of 93,622,560 common shares of the company, with 391,493 shares held directly and...
Novartis Says Cosentyx Fails to Meet Primary Endpoint in Phase 3 Giant Cell Arteritis Study
Novartis Says Cosentyx Fails to Meet Primary Endpoint in Phase 3 Giant Cell Arteritis Study
Jul 3, 2025
03:56 AM EDT, 07/03/2025 (MT Newswires) -- Novartis AG ( NVS ) said Thursday that a phase 3 study of its drug Cosentyx combined with a 26-week steroid taper in adults with newly diagnosed or relapsing giant cell arteritis did not meet its primary endpoint of statistically significant improvement in sustained remission at 52 weeks compared with placebo plus a...
Joby Aviation Insider Sold Shares Worth $3,318,231, According to a Recent SEC Filing
Joby Aviation Insider Sold Shares Worth $3,318,231, According to a Recent SEC Filing
Jul 3, 2025
03:49 AM EDT, 07/03/2025 (MT Newswires) -- Bonny W Simi, President of Operations, on June 30, 2025, sold 308,272 shares in Joby Aviation ( JOBY ) for $3,318,231. Following the Form 4 filing with the SEC, Simi has control over a total of 211,397 common shares of the company, with 211,397 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1819848/000181984825000442/xslF345X05/wk-form4_1751498560.xml ...
Economy >
Cryptocurrency >
Copying Crypto? New York Stock Exchange May Enable 24/7 Trading
Copying Crypto? New York Stock Exchange May Enable 24/7 Trading
Apr 22, 2024
The New York Stock Exchange (NYSE) has released a survey questioning market participants about round-the-clock stock trading, signaling potential interest in opening its trading venue beyond traditional market hours. The update would bring the stock exchange up to date with today’s major cryptocurrency exchanges, which operate at all hours including weekends. All Hours Stock Trading On NYSE According to the...
Investors Fret Over Interest Rates: Digital Asset Outflows Hit $206M
Investors Fret Over Interest Rates: Digital Asset Outflows Hit $206M
Apr 22, 2024
Bitcoin halving concerns triggered the 11th consecutive week of outflows from the blockchain equities. According to data compiled by CoinShares, blockchain equities experienced $9 million in withdrawals as investors worried about halving the impact on mining companies because it can affect their profitability and, subsequently, the value of their investments in those firms. The latest halving saw the mining reward...
BlackRock’s Bitcoin Fund Joins Elite ETF Club With 70 Straight Days of Inflows
BlackRock’s Bitcoin Fund Joins Elite ETF Club With 70 Straight Days of Inflows
Apr 22, 2024
The latest inflow on April 22 was $19.7 million which means that BlackRock is now in the top ten of longest daily inflow streaks for all US exchange-traded funds. The 70-day milestone ties BlackRock’s IBIT fund with JETS, an ETF that combines shares in an index of airline industry companies. It has also achieved 70 straight days of inflows, as...
Grayscale’s Mini
Grayscale’s Mini
Apr 22, 2024
The world’s largest asset manager is aiming to retain its position as leader of the spot Bitcoin ETF market following a massive exodus of capital from its flagship GBTC product. In order to do this, Grayscale has applied for a smaller Bitcoin ETF with highly competitive fees to compete with its ten rivals. According to its latest filing with the...
Forex >
Copyright 2023-2026 - www.financetom.com All Rights Reserved