financetom
News
World
Environment
Technology
Politics
Retail
Business
Economy
Market summary >
Editors' picks >
News >
World >
Market >
Top Midday Stories: GameStop Submits $55.5 Billion Bid to Acquire eBay; Amazon Launches Supply Chain Services
Top Midday Stories: GameStop Submits $55.5 Billion Bid to Acquire eBay; Amazon Launches Supply Chain Services
May 4, 2026
11:49 AM EDT, 05/04/2026 (MT Newswires) -- All three major US stock indexes were lower in late-morning trading Monday, after President Donald Trump announced over the weekend a plan to have the US guide cargo ships belonging to other nations safely through the Strait of Hormuz. In company news, GameStop ( GME ) said Sunday it submitted a non-binding offer...
Sector Update: Tech
Sector Update: Tech
May 4, 2026
01:13 PM EDT, 05/04/2026 (MT Newswires) -- Tech stocks were mixed Monday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) fractionally higher and the State Street SPDR S&P Semiconductor ETF (XSD) decreasing 0.2%. The Philadelphia Semiconductor index shed 0.7%. In corporate news, Microsoft ( MSFT )-backed (MSFT) OpenAI has secured more than $4 billion from investors for...
Sector Update: Financial
Sector Update: Financial
May 4, 2026
01:11 PM EDT, 05/04/2026 (MT Newswires) -- Financial stocks were lower Monday afternoon, with the NYSE Financial Index falling 1% and the State Street Financial Select Sector SPDR ETF (XLF) off 0.8%. The Philadelphia Housing Index dropped 3.3%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) was shedding 0.7%. Bitcoin (BTC-USD) was increasing 1.9% to $80,023, and...
US Equity Indexes Fall, Crude Oil Jumps as Military Tensions Flare Up in Hormuz Chokepoint
US Equity Indexes Fall, Crude Oil Jumps as Military Tensions Flare Up in Hormuz Chokepoint
May 4, 2026
12:18 PM EDT, 05/04/2026 (MT Newswires) -- US equity indexes retreated in midday trading on Monday as investors weighed military action in the Strait of Hormuz, the chokepoint for about a fifth of global crude oil flows. The Nasdaq Composite fell 0.7% to 24,946.4, the S&P 500 slid 0.7% to 7,182.2, and the Dow Jones Industrial Average declined 1.1% to...
Environment >
Technology >
Personal Finance >
Politics >
What is the debate over Biodiversity Bill, likely to be tabled in monsoon session of Parliament
What is the debate over Biodiversity Bill, likely to be tabled in monsoon session of Parliament
Jul 12, 2023
The new bill exempts registered AYUSH practitioners and people accessing codified traditional knowledge, from sharing benefits with local communities or giving prior intimation to state biodiversity boards before accessing biological resources.
Rajasthan: Gehlot government begins Rs 2,500 cr dam project for Sabarmati, Sei rivers ahead of polls
Rajasthan: Gehlot government begins Rs 2,500 cr dam project for Sabarmati, Sei rivers ahead of polls
Mar 1, 2023
On Tuesday, the Gehlot government invited bids for both projects to build the dams within the next four years. The chief minister had announced both projects in last year’s budget.
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.
Retail >
Business >
Aris Mining Completes Installation, Commissioning of Second Mill at Segovia in Colombia
Aris Mining Completes Installation, Commissioning of Second Mill at Segovia in Colombia
Jun 30, 2025
08:56 AM EDT, 06/30/2025 (MT Newswires) -- Aris Mining ( ARMN ) said Monday it has installed and commissioned a second processing mill at its Segovia operations in Antioquia, Colombia. The expansion raises Segovia's processing capacity by 50% to 3,000 tons daily, the company added. Aris Mining ( ARMN ) said the second mill is fully integrated into the current...
Takeda Pharmaceutical Receives FDA Approval for Ready-to-Use Liquid Immunoglobulin Therapy
Takeda Pharmaceutical Receives FDA Approval for Ready-to-Use Liquid Immunoglobulin Therapy
Jun 30, 2025
08:55 AM EDT, 06/30/2025 (MT Newswires) -- Takeda Pharmaceutical ( TAK ) said Monday it received US Food and Drug Administration approval for Gammagard Liquid erc, a ready-to-use liquid immunoglobulin therapy for the treatment of primary immunodeficiency in patients aged two and older. Takeda said US commercialization is expected in 2026, followed by a European Union launch by 2027, where...
Trump Media Starts Beta Testing Global Launch of Truth+
Trump Media Starts Beta Testing Global Launch of Truth+
Jun 30, 2025
08:53 AM EDT, 06/30/2025 (MT Newswires) -- Trump Media & Technology ( DJT ) said Monday it has started beta testing the global launch of Truth+, which will make most Truth+ TV streaming channels and video-on-demand content available on apps worldwide. The launch will also make the Newsmax channel available in international markets without the need for a virtual private...
Sector Update: Consumer
Sector Update: Consumer
Jun 30, 2025
08:54 AM EDT, 06/30/2025 (MT Newswires) -- Consumer stocks were leaning lower premarket Monday with the Consumer Staples Select Sector SPDR Fund (XLP) down 0.3% and Consumer Discretionary Select Sector SPDR Fund (XLY) declining 0.02% recently. Carnival (CCL) shares were up more than 1% after the company said it launched a private offering of 1 billion euros ($1.17 billion) of...
Economy >
Cryptocurrency >
AFP Uncovers 2,000 Compromised Australian Crypto Wallets
AFP Uncovers 2,000 Compromised Australian Crypto Wallets
Aug 5, 2024
The Australian Federal Police (AFP) has uncovered that over 2,000 cryptocurrency wallets owned by locals were compromised by offshore scammers, putting millions of dollars in digital assets at risk. This discovery emerged from Operation Spincaster, a global initiative against crypto fraud spearheaded by Chainalysis and locally managed by the AFP-led Joint Policing Cybercrime Coordination Centre (JPC3). Operation Spincaster Uncovers $162M...
Institutional Investors Buy The ETH Dip as Spot ETF Flows Turn Positive 
Institutional Investors Buy The ETH Dip as Spot ETF Flows Turn Positive 
Aug 5, 2024
U.S. spot Ethereum ETFs had a positive day of inflows following a massive market crash that sent the asset tumbling 23% in less than 24 hours. On August 5, the aggregate inflow for the nine newly launched spot ETH ETFs was $49 million, its second-highest inflow day since the funds started trading. Additionally, it is only the fourth day of...
Why Bitcoin’s Latest Crash Is A Historic Buying Opportunity: Bitwise
Why Bitcoin’s Latest Crash Is A Historic Buying Opportunity: Bitwise
Aug 5, 2024
Bitwise CIO Matt Hougan said Monday that he views the weekend’s violent selloff in crypto/equities as a Bitcoin buying opportunity. In a Twitter thread Monday, the executive likened the market crash to March 12, 2020 – a day of “chaos” that pre-empted historic new highs for crypto over the following months. Bitcoin Buying Opportunity, Says Bitwise As noted by Hougan,...
Galaxy Research Warns of Sustainability Concerns for Bitcoin Layer
Galaxy Research Warns of Sustainability Concerns for Bitcoin Layer
Aug 5, 2024
A recent report by Galaxy Research has raised concerns about the long-term sustainability of Bitcoin Layer-2 (L2) scaling solutions, particularly rollups, which have gained popularity as a means to keep transactions cheap, fast, and decentralized. Despite the initial promise, the report suggests that these solutions may face economic challenges due to the inherent limitations and costs associated with Bitcoins blockspace....
Forex >
Copyright 2023-2026 - www.financetom.com All Rights Reserved