financetom
News
World
Environment
Technology
Politics
Retail
Business
Economy
Market summary >
Editors' picks >
News >
Euro approaches week high amid positive outlook
Euro approaches week high amid positive outlook
Apr 18, 2024
Euro rose in European trade on Thursday against a basket of major rivals, extending gains for the second day against the dollar and approaching one-week highs amid a strong risk appetite in the market. The common currency is trying to recover from recent five-month lows, trading above $1.07 once more. However negative pressures remain, with the ECB likely to start...
Dow retreat slows and S&P 500 holds above 5000, while Hang Seng rallies sharply
Dow retreat slows and S&P 500 holds above 5000, while Hang Seng rallies sharply
Apr 18, 2024
Dow Jones, SP 500, Hang Seng Analysis and Charts ​​​Dow losses halted for now ​The run of losses for the index appears to have slowed, with the price holding above the lows seen on Monday around 37,600.​ In the short term, a close above 38,000 and then above the 100-day simple moving average (SMA), currently 38,107, could suggest that a...
Dollar gives up five-month high on profit-taking
Dollar gives up five-month high on profit-taking
Apr 17, 2024
The dollar lost ground in European trade on Wednesday against a basket of major rivals away from five-month highs and on track for the first loss in six days on profit-taking. The currency is also pressured as US 10-year treasury yields stalled ahead of further remarks by Fed officials on the future of US interest rates. Recent aggressive remarks by...
USD/JPY Latest: Trilateral Meeting Hints at Co
USD/JPY Latest: Trilateral Meeting Hints at Co
Apr 18, 2024
USD/JPY News and Analysis Janet Yellen meets with Asian finance officials as intervention speculation risesUSD/JPY edges slightly lower after trilateral meetingEffectiveness of FX intervention efforts rise on multi-party allianceGet your hands on the Japanese yen Q2 outlook today for exclusive insights into key market catalysts that should be on every trader's radar: Recommended by Richard Snow Get Your Free JPY...
World >
Market >
US STOCKS-Wall Street stumbles on Netflix results, braces for Tesla
US STOCKS-Wall Street stumbles on Netflix results, braces for Tesla
Oct 22, 2025
* Indexes down: Dow 0.23%, S&P 500 0.30%, Nasdaq 0.67% * Netflix ( NFLX ) drops after earnings miss * Texas Instruments ( TXN ) slips after dour Q4 forecast (Updates with early afternoon prices) By Pranav Kashyap and Twesha Dikshit Oct 22 (Reuters) - Wall Street slipped on Wednesday, weighed down by Netflix's ( NFLX ) underwhelming outlook, which...
Upstream oil and gas dealmaking down in third quarter as oil prices stayed low
Upstream oil and gas dealmaking down in third quarter as oil prices stayed low
Oct 22, 2025
HOUSTON (Reuters) -Persistently weak crude prices pressured merger and acquisition activity in the U.S. upstream oil and gas sector in the third quarter, analytics firm Enverus said on Wednesday.  Dealmaking fell for the third straight quarter as U.S. crude futures averaged around $65 a barrel during the July through September period, around the level producers say they need to profitably...
US Equity Indexes Pause Ahead of Tesla's Quarterly Results
US Equity Indexes Pause Ahead of Tesla's Quarterly Results
Oct 22, 2025
12:28 PM EDT, 10/22/2025 (MT Newswires) -- US equity indexes took a breather ahead of Tesla's (TSLA) quarterly results after the bell and as Netflix's ( NFLX ) earnings overnight disappointed investors. The Nasdaq Composite fell 0.7% to 22,787.2, with the S&P 500 down 0.3% to 6,713.3 and the Dow Jones Industrial Average 0.2% lower at 46,808.5. The Dow on...
Top Midday Stories: Netflix Shares Fall on EPS Miss; Google in Talks With Anthropic on Big Cloud Deal
Top Midday Stories: Netflix Shares Fall on EPS Miss; Google in Talks With Anthropic on Big Cloud Deal
Oct 22, 2025
11:56 AM EDT, 10/22/2025 (MT Newswires) -- All three major US stock indexes were down around midday trading Wednesday, as investors digested Netflix's ( NFLX ) latest earnings report. In company news, Netflix ( NFLX ) reported Q3 earnings late Tuesday of $5.87 per diluted share, up from $5.40 a year earlier but below the FactSet consensus analyst estimate of...
Environment >
Technology >
Apple antitrust suit mirrors strategy that beat Microsoft, but tech industry has changed
Apple antitrust suit mirrors strategy that beat Microsoft, but tech industry has changed
Mar 22, 2024
(Reuters) - The U.S. government's antitrust lawsuit against Apple ( AAPL ) draws on the watershed 1998 case that broke Microsoft's ( MSFT ) stranglehold on desktop software, but that may prove to be an imperfect blueprint for addressing smartphone competition. The market for the iPhone today looks very different from the near-monopoly enjoyed by Microsoft's ( MSFT ) Windows...
Analysis-Apple antitrust suit mirrors strategy that beat Microsoft, but tech industry has changed
Analysis-Apple antitrust suit mirrors strategy that beat Microsoft, but tech industry has changed
Mar 22, 2024
(Reuters) - The U.S. government's antitrust lawsuit against Apple ( AAPL ) draws on the watershed 1998 case that broke Microsoft's ( MSFT ) stranglehold on desktop software, but that may prove to be an imperfect blueprint for addressing smartphone competition. The market for the iPhone today looks very different from the near-monopoly enjoyed by Microsoft's ( MSFT ) Windows...
The Analyst Landscape: 7 Takes On Clear Secure
The Analyst Landscape: 7 Takes On Clear Secure
Mar 22, 2024
Analysts' ratings for Clear Secure ( YOU ) over the last quarter vary from bullish to bearish, as provided by 7 analysts. The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective. Bullish Somewhat Bullish Indifferent...
AIOZ Network Partners With Alibaba Cloud to Boost AI, Storage and Streaming Services
AIOZ Network Partners With Alibaba Cloud to Boost AI, Storage and Streaming Services
Mar 22, 2024
The two companies will establish a DePIN alliance in south-east Asia.AIOZ's native token is currently trading flat after the announcement, it is up by more than 200% in 30 days.AIOZ Network will use Alibaba Cloud to improve Web 3, AI, storage and streaming services.Decentralized infrastructure network (DePIN) AIOZ Network has become the leading blockchain partner in Alibaba Cloud’s Innovation Accelerator...
Personal Finance >
Politics >
Retail >
Business >
Work on TikTok deal is 'in a good place,' US vice president says
Work on TikTok deal is 'in a good place,' US vice president says
Apr 3, 2025
WASHINGTON (Reuters) - The Trump administration's work to find an American buyer for the short-video social media site TikTok is on track ahead of the April 5 deadline to reach a deal for non-Chinese ownership, Vice President JD Vance said on Thursday as bids mounted. It'll come out before the deadline, Vance said in an interview with Fox News' Fox...
Best Buy, Home Furnishing Retailers Face Most Downsize Risk From Trump Tariffs, Wedbush Says
Best Buy, Home Furnishing Retailers Face Most Downsize Risk From Trump Tariffs, Wedbush Says
Apr 3, 2025
08:40 AM EDT, 04/03/2025 (MT Newswires) -- The upcoming reciprocal tariffs on nearly all goods imported into the US will likely add significant pressure to hardlines retailers, although the impact will be less on some companies, Wedbush said in a Thursday note. The analysts said that Best Buy ( BBY ) and home furnishing retailers Wayfair ( W ) ,...
RH Earnings Troubles Exacerbated by Trump Tariffs, Wedbush Says; Shares Down Pre-Bell
RH Earnings Troubles Exacerbated by Trump Tariffs, Wedbush Says; Shares Down Pre-Bell
Apr 3, 2025
08:38 AM EDT, 04/03/2025 (MT Newswires) -- RH's (RH) recent earnings troubles will likely be compounded by the recent Trump administration tariffs that will hit most of the countries from which it sources its products, as well as potential demand destruction due because of weaker consumer spending at home, according to Wedbush Securities. However, Wedbush analysts Seth Basham and Matthew...
Market Chatter: Private Equity Firms Eye DSM-Firmenich's Animal Nutrition Business, Valued at $3.32 Billion
Market Chatter: Private Equity Firms Eye DSM-Firmenich's Animal Nutrition Business, Valued at $3.32 Billion
Apr 3, 2025
08:37 AM EDT, 04/03/2025 (MT Newswires) -- Private equity firms including Apollo Global Management ( APO ) , Bain Capital, CVC Capital Partners, and Lone Star Funds are exploring potential offers for DSM-Firmenich's animal nutrition and health business, which could be valued at around 3 billion euros ($3.32 billion), Bloomberg reported late Wednesday, citing people familiar with the matter. Dutch...
Economy >
Cryptocurrency >
XRP’s Fundamentals Are Still Solid Despite SEC’s Appeal in Ripple Lawsuit: Analysts
XRP’s Fundamentals Are Still Solid Despite SEC’s Appeal in Ripple Lawsuit: Analysts
Oct 3, 2024
TL;DR: Nothing has changed for XRPs fundamentals, despite the SECs appeal in the lawsuit between the two, claim analysts. Some went further, predicting a decisive win for the Brad Garlinghouse-led company. Still Bullish on XRP The legal tussle between Ripple and the US Securities and Exchange Commission is close to marking a four-year anniversary in December. The company is believed...
Ripple Transaction Volume Skyrockets but What Does it Mean for the XRP Price?
Ripple Transaction Volume Skyrockets but What Does it Mean for the XRP Price?
Oct 3, 2024
This week, Bitwise registered a trust entity called XRP ETF in Delaware. The following day, the asset manager filed an S-1 form with the US Securities and Exchange Commission, a necessary step for companies aiming to launch a new security and list it on a public stock exchange. As a result, the optimism surrounding a potential XRP ETF has triggered...
Ethereum ICO Whale Sells 19,000 ETH Worth Over $47M Amid Market FUD
Ethereum ICO Whale Sells 19,000 ETH Worth Over $47M Amid Market FUD
Oct 3, 2024
An Ethereum ICO participant has sold another 19,000 ETH over the past two days. This freshly offloaded stash is worth around $47.54 million at the current price. This entity had previously received 150,000 ETH during the genesis at an ICO cost of just $46.5K. Dormant Ethereum ICO Participant Resurfaces As flagged by on-chain transaction analytics platform Lookonchain, this sale follows...
Massive Uptick in Dogecoin (DOGE) Activity Could Signal Investor Bullishness
Massive Uptick in Dogecoin (DOGE) Activity Could Signal Investor Bullishness
Oct 3, 2024
As market fears intensify, several cryptocurrencies have experienced a sharp decline in prices. Amid the chaos, there has been a significant uptick in Dogecoin activity. The OG meme coin experienced its largest spike in active DOGE addresses in the past six months as per new data. Whales also appear to be holding on, which could signify a much-needed rebound in DOGEs...
Forex >
Copyright 2023-2026 - www.financetom.com All Rights Reserved