financetom
News
World
Environment
Technology
Politics
Retail
Business
Economy
Market summary >
Editors' picks >
News >
US dollar heads for fresh weekly profit
US dollar heads for fresh weekly profit
Oct 26, 2024
The US dollar rose in European trade on Friday against a basket of major rivals, resuming gains after a short hiatus, and approaching three-month highs once more. The gains come amid a surge in US 10-year treasury yields after bullish remarks from some Fed officials, and strong US data, which hurt the odds of an aggressive pace for US interest...
Yen skids to three-month trough as Japanese governing coalition loses majority
Yen skids to three-month trough as Japanese governing coalition loses majority
Oct 28, 2024
The Japanese yen skidded in Asian trade on Monday to three-month lows against the US dollar, after the election loss by the current Japanese parliamentary governing coalition, which could impede future interest rate hikes by the Bank of Japan. The yen is also pressured by a surge in US 10-year treasury yields, amid speculation about a cautious stance by the...
Euro hits one-week high ahead of German inflation data
Euro hits one-week high ahead of German inflation data
Oct 30, 2024
Euro rose in European trade on Wednesday on track for the third profit in a row against the US dollar, hitting a week high after data showed Spanish inflation rose past estimates in October, renewing the pressure on the European Central Bank. The odds of a 0.25% ECB interest rate cut in December dipped, with investors now waiting for official...
Euro rebounds ahead of major eurozone data
Euro rebounds ahead of major eurozone data
Oct 27, 2024
The euro rose in European trade on Thursday against a basket of major rivals after a wave of losses across three sessions, with the euro eventually settling above 3-⅕ month lows against the US dollar. It comes ahead of major data on the eurozone sectors later today, which would shed important light on the health of the European economy in...
World >
Market >
Environment >
Technology >
Trintech's owners explore $2 billion sale of financial software maker, sources say
Trintech's owners explore $2 billion sale of financial software maker, sources say
Aug 26, 2024
Aug 26 (Reuters) - Private equity firms Summit Partners and Vista Equity Partners are exploring a potential sale of Trintech that could value the financial software provider at about $2 billion, including debt, according to people familiar with the matter. Trintech's owners are working with investment bankers at Deutsche Bank on a sale process that could attract interest from other...
Evaluating Autodesk: Insights From 14 Financial Analysts
Evaluating Autodesk: Insights From 14 Financial Analysts
Aug 26, 2024
Analysts' ratings for Autodesk ( ADSK ) over the last quarter vary from bullish to bearish, as provided by 14 analysts. The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 2 6 6 0 0 Last 30D...
Inquiry Into Super Micro Computer's Competitor Dynamics In Technology Hardware, Storage & Peripherals Industry
Inquiry Into Super Micro Computer's Competitor Dynamics In Technology Hardware, Storage & Peripherals Industry
Aug 26, 2024
In the ever-evolving and intensely competitive business landscape, conducting a thorough company analysis is of utmost importance for investors and industry followers. In this article, we will carry out an in-depth industry comparison, assessing Super Micro Computer ( SMCI ) alongside its primary competitors in the Technology Hardware, Storage & Peripherals industry. By meticulously examining key financial metrics, market positioning,...
Industry Comparison: Evaluating Cisco Systems Against Competitors In Communications Equipment Industry
Industry Comparison: Evaluating Cisco Systems Against Competitors In Communications Equipment Industry
Aug 26, 2024
In the ever-evolving and intensely competitive business landscape, conducting a thorough company analysis is of utmost importance for investors and industry followers. In this article, we will carry out an in-depth industry comparison, assessing Cisco Systems ( CSCO ) alongside its primary competitors in the Communications Equipment industry. By meticulously examining key financial metrics, market positioning, and growth prospects, we...
Personal Finance >
Politics >
Retail >
Business >
Bumble posts quarterly revenue above estimates
Bumble posts quarterly revenue above estimates
Mar 11, 2026
March 11 (Reuters) - Bumble on Wednesday posted fourth-quarter revenue above estimates, as the dating app operator began to see early benefits from a broad turnaround plan, sending its shares up about 12% in extended trading. Bumble has been undergoing a strategic overhaul since founder Whitney Wolfe Herd returned as CEO about a year ago, pushing for product improvements and...
Netskope Fiscal Q4 Adjusted Loss Narrows, Revenue Rises; Q1 Guidance Set
Netskope Fiscal Q4 Adjusted Loss Narrows, Revenue Rises; Q1 Guidance Set
Mar 11, 2026
04:12 PM EDT, 03/11/2026 (MT Newswires) -- Netskope ( NTSK ) reported a fiscal Q4 adjusted loss late Wednesday of $0.04 per diluted share, narrowing from a loss of $0.23 a year earlier. Analysts polled by FactSet expected a loss of $0.06. Revenue for the three months ended Jan. 31 was $196.3 million, up from $148.5 million a year earlier....
Kewaunee Scientific Fiscal Q3 Adjusted Earnings Fall, Revenue Rises
Kewaunee Scientific Fiscal Q3 Adjusted Earnings Fall, Revenue Rises
Mar 11, 2026
04:14 PM EDT, 03/11/2026 (MT Newswires) -- Kewaunee Scientific ( KEQU ) reported fiscal Q3 adjusted earnings late Wednesday of $0.28 per diluted share, down from $1.09 a year earlier. Revenue for the three months ended Jan. 31 was $69.4 million, up from $67.2 million a year earlier. ...
Pentagon headhunting Goldman, JPMorgan bankers for 'Economic Defense Unit', Semafor reports
Pentagon headhunting Goldman, JPMorgan bankers for 'Economic Defense Unit', Semafor reports
Mar 11, 2026
March 11 (Reuters) - The Pentagon is building a new team of investment bankers steeped in private equity to invest $200 billion over three years in defense deals, Semafor reported on Wednesday, citing a document it had reviewed. The Department of Defense is specifically going after Goldman Sachs ( GS ), Morgan Stanley ( MS ), JPMorgan ( JPM )...
Economy >
Cryptocurrency >
Ethena Labs Adds Bitcoin Backing to its Synthetic Dollar
Ethena Labs Adds Bitcoin Backing to its Synthetic Dollar
Apr 5, 2024
Ethena Labs, the creators of USDe, have incorporated Bitcoin (BTC) as backing into their synthetic dollar-pegged offering. This move aims to scale USDes supply from its current $2 billion mark. BTC to Boost Scalability and Liquidity The announcement, made through an April 4 thread on X, highlighted the strategic importance of incorporating BTC as a backing asset. Excited to announce...
Bitcoin (BTC) Challenges $68K, Dogecoin (DOGE) Soars 5% Daily (Weekend Watch)
Bitcoin (BTC) Challenges $68K, Dogecoin (DOGE) Soars 5% Daily (Weekend Watch)
Apr 5, 2024
Bitcoin had a controversial week in terms of price movements, as it slumped to a ten-day low and jumped by nearly five grand a day later but failed to sustain its momentum. The altcoins also suffered on a weekly basis, but most have turned green after yesterdays retracements. BTC Goes After $68K The volatile week began on Monday after BTC...
Will SHIB and DOGE Skyrocket After the Upcoming Bitcoin Halving?
Will SHIB and DOGE Skyrocket After the Upcoming Bitcoin Halving?
Apr 5, 2024
The Bitcoin halving takes place approximately every four years and is a built-in mechanism to slow down the process of creating new BTC so that the last one will be mined over a hundred years from now, even though more than 19.6 million are already in existence. When the production speed is reduced, while the demand for the asset remains...
SEC Gains Court Victory Against Terraform Labs and Do Kwon: Report
SEC Gains Court Victory Against Terraform Labs and Do Kwon: Report
Apr 5, 2024
Although the US has yet to win the extradition victory against South Korea for Do Kwon, a New York court has already ruled against the fallen former crypto mogul in a legal case launched by the Securities and Exchange Commission. Do Kwon and his crypto brainchild Terraform Labs were found guilty of misleading investors in the 2022 crash. The Terra...
Forex >
Copyright 2023-2026 - www.financetom.com All Rights Reserved