financetom
News
World
Environment
Technology
Politics
Retail
Business
Economy
Market summary >
Editors' picks >
News >
Sterling extends recovery before BOE decision
Sterling extends recovery before BOE decision
Nov 6, 2025
The British pound rose in European trading on Thursday against a basket of global currencies, extending its recovery for a second consecutive session from a seven-month low versus the U.S. dollar, ahead of the Bank of Englands policy decision at the conclusion of its seventh regular meeting of 2025. Markets widely expect the central bank to keep interest rates unchanged...
Yen moves in a positive zone as Japanese wages climb
Yen moves in a positive zone as Japanese wages climb
Nov 6, 2025
The Japanese yen rose in Asian trading on Thursday against a basket of major and minor currencies, resuming its gains after pausing on Wednesday against the U.S. dollar, following data showing a rise in wages in the worlds fourth-largest economy. The figures pointed to mounting inflationary pressures on policymakers at the Bank of Japan, increasing the likelihood that the central...
Bitcoin recovers past $102,000 after plumbing multi-month lows
Bitcoin recovers past $102,000 after plumbing multi-month lows
Nov 5, 2025
Bitcoin, the worlds largest and most valuable cryptocurrency, fell by more than 5% on Wednesday to its lowest level in months, trading below the $100,000 mark after peaking at an all-time high above $126,000 in early October. The token later pared some losses to trade around $102,000. The decline extends a broader downtrend that began during what traders now call...
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...
World >
Market >
Environment >
Technology >
Personal Finance >
Politics >
Retail >
Business >
Lundin Gold Reports Highest-Ever Mineral Resource Estimate at Fruta del Norte Gold Mine
Lundin Gold Reports Highest-Ever Mineral Resource Estimate at Fruta del Norte Gold Mine
Feb 19, 2025
06:16 AM EST, 02/19/2025 (MT Newswires) -- Lundin Gold ( LUGDF ) late on Tuesday reported updated estimates of mineral reserves and mineral resources as of Dec. 31, 2024, for the Fruta del Norte gold mine in Ecuador, which are the highest ever published based on contained gold ounces. Inferred resources increased by 59% to 2.36 million ounces of contained...
AngloGold bounces back into profit amid gold price rally
AngloGold bounces back into profit amid gold price rally
Feb 19, 2025
JOHANNESBURG, Feb 19 (Reuters) - AngloGold Ashanti ( AU ) says its profit surged to $954 million last year from a loss of $46 million in the prior year amid a rally in prices for the precious metal. The gold producer also raised its output forecast this year to between 2.9 million ounces and 3.2 million ounces from about 2.7...
Bumble's Q4 Revenue Declines
Bumble's Q4 Revenue Declines
Feb 19, 2025
06:25 AM EST, 02/19/2025 (MT Newswires) -- Bumble (BMBL) reported Q4 revenue Tuesday of $261.6 million, down from $273.6 million a year earlier. Analysts surveyed by FactSet expected $260.5 million. The company expects Q1 revenue of $242 million to $248 million. Analysts polled by FactSet expect $252 million. Shares of the company dropped over 17% in recent premarket activity Wednesday....
Hudbay Minerals Q4 Adjusted Earnings, Revenue Fall
Hudbay Minerals Q4 Adjusted Earnings, Revenue Fall
Feb 19, 2025
06:24 AM EST, 02/19/2025 (MT Newswires) -- Hudbay Minerals ( HBM ) reported Q4 adjusted earnings Wednesday of $0.18 per diluted share, down from $0.20 a year earlier. Analysts polled by FactSet expected $0.20. Revenue for the quarter ended Dec. 31 was $584.9 million compared with $602.2 million a year earlier. Four analysts surveyed by FactSet expected $588.3 million. ...
Economy >
Cryptocurrency >
Binance Open Interest Soars After CPI Data Release as Bitcoin Hits $100K Briefly
Binance Open Interest Soars After CPI Data Release as Bitcoin Hits $100K Briefly
Jan 16, 2025
The release of the December CPI report triggered notable reactions across financial markets, especially in the cryptocurrency sector. While headline inflation aligned with expectations, core inflation fell below forecasts on both monthly and annual bases, fueling optimism for risk-on assets like Bitcoin. Binance Open Interest Spikes After CPI Data Within two hours of the CPI release, Binance Open Interest (OI)...
Ripple Missed New ATH by Just 1%: Can XRP Break Through Today?
Ripple Missed New ATH by Just 1%: Can XRP Break Through Today?
Jan 16, 2025
TL:DR; XRPs gains seem to have no end, at least for the past several days, and the asset is now just inches away from tapping a new all-time high. Consequently, we decided to ask Perplexity and ChatGPT whether it could go into uncharted territory as soon as today. XRPUSD. Source: TradingView CryptoPotato has reportedly repeated XRPs impressive price movements over...
These Alts Post Biggest Gains as BTC Price Touched $101K (Market Watch)
These Alts Post Biggest Gains as BTC Price Touched $101K (Market Watch)
Jan 16, 2025
The expected volatility after the CPI announcement yesterday indeed reached the crypto markets, but it was in the opposite direction of what many anticipated. Instead of slumping once again as it did at the start of the business week, BTCs price headed north and tapped a weekly high before it was stopped. Briefly Exceeding $100K The aforementioned start of the...
Top Bitcoin (BTC) Predictions as the Price Briefly Crossed $100K
Top Bitcoin (BTC) Predictions as the Price Briefly Crossed $100K
Jan 16, 2025
TL;DR Bitcoin surged from below $90K to briefly surpass $100K, driven by bullish momentum and CPI data. Analysts predict further gains, with some expecting a new all-time high and an euphoria phase for the market. Positive exchange netflows and an RSI above 70 suggest potential selling pressure and overbought conditions, signaling a possible short-term correction. New ATH Incoming? Bitcoin (BTC)...
Forex >
Copyright 2023-2026 - www.financetom.com All Rights Reserved