financetom
News
World
Environment
Technology
Politics
Retail
Business
Economy
Market summary >
Editors' picks >
News >
UK Inflation Hits Bank of England Target – What Now?
UK Inflation Hits Bank of England Target – What Now?
Jun 19, 2024
UK CPI hits BoE target – both core and headline figures print in line with expectationsWhy the Bank of England won’t be eager to cut interest rates as early as tomorrowThe analysis in this article makes use of chart patterns and key support and resistance levels. For more information visit our comprehensive education library UK CPI Hits Bank of England...
Sterling moves towards four-week low amid downward risks
Sterling moves towards four-week low amid downward risks
Jun 18, 2024
Sterling fell in European trade on Tuesday against a basket of major rivals, resuming losses against the dollar and almost touching four-week lows. UK inflation data scheduled for release tomorrow could show that inflation is gradually approaching the 2% target, which might pave the way for a rate cut at the August policy meeting. The Price The GBP/USD pair lost...
Dollar hovers near six-week high ahead of US retail sales data
Dollar hovers near six-week high ahead of US retail sales data
Jun 18, 2024
The US dollar rose in European trade on Tuesday against a basket of major rivals, resuming gains and approaching six-week highs once again as US 10-year treasury yields rebounded. The gains come ahead of important US retail sales data, which will showcase the status of the US economy in the second quarter. The Index The dollar index rose 0.2% today...
AUD/USD Nudges Higher – RBA Leaves Policy Untouched, Discussed Hiking Rates
AUD/USD Nudges Higher – RBA Leaves Policy Untouched, Discussed Hiking Rates
Jun 18, 2024
AUD/USD Analysis and Charts RBA leaves rates unchanged, and discussed moving rates higher.First RBA rate cut is now seen in April next year. Recommended by Nick Cawley Get Your Free AUD Forecast Easing Australian Inflation: Progress Slows, Target Still Distant The Reserve Bank of Australia (RBA) left all monetary settings unchanged earlier today, but warned that ‘the economic outlook remains...
World >
Market >
Sector Update: Health Care Stocks Higher in Afternoon Trading
Sector Update: Health Care Stocks Higher in Afternoon Trading
Nov 5, 2025
01:48 PM EST, 11/05/2025 (MT Newswires) -- Health care stocks rose Wednesday afternoon, with the NYSE Health Care Index up 0.5% and the Health Care Select Sector SPDR Fund (XLV) adding 0.6%. The iShares Biotechnology ETF (IBB) climbed 1.6%. In corporate news, Amgen's ( AMGN ) new launches and pipeline progress are now under investor focus after the company topped...
Top Midday Gainers
Top Midday Gainers
Nov 5, 2025
02:09 PM EST, 11/05/2025 (MT Newswires) -- Lemonade (LMND) shares soared 35% amid heavy trading after the company beat Q3 net loss and revenue estimates while raising its full-year revenue guidance on Wednesday. Over 10.1 million shares traded intraday, versus a daily average of roughly 2.7 million. NeuroPace ( NPCE ) reported improved Q3 financial results late Tuesday, with revenue...
Sector Update: Consumer Stocks Rise in Afternoon Trading
Sector Update: Consumer Stocks Rise in Afternoon Trading
Nov 5, 2025
01:47 PM EST, 11/05/2025 (MT Newswires) -- Consumer stocks were higher Wednesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 0.1% and the Consumer Discretionary Select Sector SPDR Fund (XLY) rising 1.3%. In corporate news, McDonald's (MCD) Q3 earnings unexpectedly declined year over year, but comparable sales topped market estimates amid broad-based growth across all segments. Its...
Sector Update: Tech Stocks Gain Wednesday Afternoon
Sector Update: Tech Stocks Gain Wednesday Afternoon
Nov 5, 2025
01:49 PM EST, 11/05/2025 (MT Newswires) -- Tech stocks rose Wednesday afternoon with the Technology Select Sector SPDR Fund (XLK) gaining 1.1% and the SPDR S&P Semiconductor ETF (XSD) climbing 2.8%. The Philadelphia Semiconductor Index jumped 3.9%. In corporate news, Advanced Micro Devices ( AMD ) reported Q3 results that beat Wall Street's estimates, driven by strong demand for processors...
Environment >
Technology >
High-tech manufacturing spurs China's July industrial profit growth
High-tech manufacturing spurs China's July industrial profit growth
Aug 29, 2024
* July industrial profits +4.1% y/y vs +3.6% y/y in June * Jan-July profits +3.6% y/y vs +3.5% y/y in H1 * High-tech manufacturing profits +12.8% in Jan-July (Adds quotes from analyst and official in paragraphs 4,6, data breakdown in paragraph 5) By Qiaoyi Li and Ryan Woo BEIJING, Aug 27 (Reuters) - China's industrial profits grew faster in July...
Assessing Canadian Solar: Insights From 4 Financial Analysts
Assessing Canadian Solar: Insights From 4 Financial Analysts
Aug 29, 2024
During the last three months, 4 analysts shared their evaluations of Canadian Solar ( CSIQ ) , revealing diverse outlooks from bullish to bearish. The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 1...
Analyst Ratings For AppLovin
Analyst Ratings For AppLovin
Aug 29, 2024
5 analysts have shared their evaluations of AppLovin ( APP ) during the recent three months, expressing a mix of bullish and bearish perspectives. The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0...
Key Takeaways From Wolfspeed Analyst Ratings
Key Takeaways From Wolfspeed Analyst Ratings
Aug 29, 2024
Wolfspeed ( WOLF ) underwent analysis by 11 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish. Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 1 1 8 1 0 Last...
Personal Finance >
Politics >
Retail >
Business >
Economy >
Cryptocurrency >
Chinese Regulators Raise Alarm on Illicit Stablecoin Activity
Chinese Regulators Raise Alarm on Illicit Stablecoin Activity
Jul 7, 2025
Officials from Shenzhen have issued cautionary advice to the public, recommending that they pay maximum attention when operating with stablecoins due to mounting reports of abuse from certain schemes. As these assets become more widely adopted and discussed, this appears to be a step back from the countrys plans to introduce a yuan-backed stablecoin. The Hype Around a Product Does...
Another Public Company Treasury Pivots to Ethereum With $172M Raise
Another Public Company Treasury Pivots to Ethereum With $172M Raise
Jul 7, 2025
Bit Digital has gone all-in on Ethereum after offloading all of its Bitcoin to buy ETH. The Nasdaq-listed company raised $172 million from its BTC sales and acquired over 100,000 ETH, becoming the latest corporate Ethereum treasury firm. “Following a $172 million public equity raise and conversion of its balance sheet from Bitcoin to Ethereum, Bit Digital has accumulated over...
Ripple’s (XRP) Price Is About to Rip and Most of You Will Miss it (Analyst)
Ripple’s (XRP) Price Is About to Rip and Most of You Will Miss it (Analyst)
Jul 8, 2025
TL;DR XRPs consolidation has continued for weeks now, as the asset has been trading within a tight range between $2 and $2.3 with very few breakout attempts. However, one analyst has outlined a bullish technical pattern that could result in a substantial price pump for the fourth-largest digital asset. $XRP looks to be forming an inverse head and shoulders pattern,...
Analysts Split on Whether Record Money Supply Will Boost Bitcoin
Analysts Split on Whether Record Money Supply Will Boost Bitcoin
Jul 8, 2025
Analysts are keenly watching money supply expansion as a key indicator for Bitcoin and crypto markets, with the notion that when central banks print more money, it eventually flows into high-risk assets such as crypto. Bitcoin markets are lining up with the 100-day offset of the M2 money supply, observed crypto YouTuber Lark Davis on Monday. He predicted a “parabolic...
Forex >
Copyright 2023-2026 - www.financetom.com All Rights Reserved