financetom
News
World
Environment
Technology
Politics
Retail
Business
Economy
Market summary >
Editors' picks >
News >
Aussie hits one-week high after strong wages data
Aussie hits one-week high after strong wages data
May 25, 2025
The Australian dollar rose in Asian trade on Wednesday against a basket of major rivals, expanding gains for the second straight session against the US dollar and hitting a week high, while approaching five-week highs following strong Australian wages data. The data renewed inflationary pressures on the Reserve Bank of Australias policymakers, which hurt the odds of a rate cut...
Aussie moves in a positive zone after inflation data
Aussie moves in a positive zone after inflation data
May 25, 2025
The Australian dollar rose in Asian trade on Wednesday against the US dollar after a short hiatus yesterday, with the pair heading towards four-month high and about to mark the second monthly profit in a row. Earlier Sydney data showed inflationary pressures remained persistent on monetary policymakers, casting doubts on the odds of an Australian interest rate cut in May....
Aussie drops after wages data
Aussie drops after wages data
May 25, 2025
The Australian dollar fell against most major rivals on Wednesday following labor data. Australian wages rose 0.9% in the first quarter of the year, above estimates of 0.8%. On trading, the AUD/USD pair rose 0.7% as of 20:56 GMT to 0.6428. Loonie The Canadian dollar fell 0.3% against the greenback as of 20:56 GMT to $0.7155. The US Dollar The...
Aussie is worst performing currency after RBA rate cut
Aussie is worst performing currency after RBA rate cut
May 25, 2025
The Australian dollar tumbled on Tuesday against a basket of major rivals, resuming losses against the US counterpart after a short hiatus and becoming the worst performing G8 currency after the RBAs rate cut. The Reserve Bank of Australia voted to cut interest rates by 25 basis points to 3.85%, the lowest since May 2023, as inflation cooled. The Price...
World >
Market >
Sector Update: Health Care
Sector Update: Health Care
Oct 31, 2024
08:54 AM EDT, 10/31/2024 (MT Newswires) -- Health care stocks were leaning lower premarket Thursday as the iShares Biotechnology ETF (IBB) was unchanged and the Health Care Select Sector SPDR Fund (XLV) was recently down 0.3%. Bristol-Myers Squibb ( BMY ) shares were up over 2% after the company raised its full-year non-GAAP earnings per share forecast. ...
Sector Update: Financial
Sector Update: Financial
Oct 31, 2024
08:56 AM EDT, 10/31/2024 (MT Newswires) -- Financial stocks were steady premarket Thursday with the Financial Select Sector SPDR Fund (XLF) recently unchanged. The Direxion Daily Financial Bull 3X Shares (FAS) was down 0.2% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 0.1% higher. ING Groep ( ING ) shares were up 2% after the company...
Sector Update: Energy
Sector Update: Energy
Oct 31, 2024
08:59 AM EDT, 10/31/2024 (MT Newswires) -- Energy stocks were advancing premarket Thursday, with The Energy Select Sector SPDR Fund (XLE) 0.4% higher. The United States Oil Fund (USO) was up 0.5% and the United States Natural Gas Fund (UNG) was 0.9% lower. Front-month US West Texas Intermediate crude oil was 0.9% higher at $69.23 per barrel at the New...
Sector Update: Tech Stocks Decline Premarket Thursday
Sector Update: Tech Stocks Decline Premarket Thursday
Oct 31, 2024
09:07 AM EDT, 10/31/2024 (MT Newswires) -- Technology stocks were declining premarket Thursday with the Technology Select Sector SPDR Fund ( XLK ) down almost 1% and the SPDR S&P Semiconductor ETF ( XSD ) 0.3% lower recently. Microsoft ( MSFT ) shares fell by nearly 4% even after the company reported higher fiscal Q1 earnings and revenue. ASE Technology...
Environment >
Technology >
Gnosis Freight Named to G2's 2026 Best Software Awards as Global Supply Chains Seek Greater Operational Control
Gnosis Freight Named to G2's 2026 Best Software Awards as Global Supply Chains Seek Greater Operational Control
Apr 6, 2026
CHARLESTON, S.C., April 6, 2026 /PRNewswire/ -- Gnosis Freight, the AI Global Freight Operating System, today announced it has been named to G2's 2026 Best Software Awards for Supply Chain & Logistics Software and ranked among the Top 100 Fastest Growing Products. The annual awards are based on verified customer reviews from G2's marketplace, which reaches more than 100 million software...
MicroCloud Hologram Inc. plans to invest 400 million USD to upgrade the Bitcoin protocol to resist quantum attacks
MicroCloud Hologram Inc. plans to invest 400 million USD to upgrade the Bitcoin protocol to resist quantum attacks
Apr 6, 2026
SHENZHEN, China, April 6, 2026 /PRNewswire/ -- MicroCloud Hologram Inc. ( HOLO ) , (HOLO or the Company), a technology service provider, announced its plan to invest 400 million USD to upgrade the Bitcoin protocol to resist quantum attacks. The company will participate in the research and development of a quantum-resistant Bitcoin protocol and work towards building a secure cryptographic...
Mayor of Plano, U.S., Visits SK Signet Headquarters to Strengthen North American EV Charging Infrastructure Partnership
Mayor of Plano, U.S., Visits SK Signet Headquarters to Strengthen North American EV Charging Infrastructure Partnership
Apr 6, 2026
SEOUL, South Korea, April 6, 2026 /PRNewswire/ -- SK Signet (KONEX: 260870), a global manufacturer of high-power EV charging solutions based in South Korea, announced on April 2nd that the Mayor of Plano, Texas, and an official delegation visited its headquarters and the R&D center. The visit was attended by John Muns, Mayor of Plano, Texas, and Mark Israelson, City...
BTC Digital Ltd. Enters into Joint Development and Operation Agreement with Aurora Energy Ltd. for Natural Gas-Powered Computing Infrastructure and AI Compute Platform in Canada
BTC Digital Ltd. Enters into Joint Development and Operation Agreement with Aurora Energy Ltd. for Natural Gas-Powered Computing Infrastructure and AI Compute Platform in Canada
Apr 6, 2026
SINGAPORE, April 6, 2026 /PRNewswire/ -- BTC Digital Ltd. ( BTCT ) , a blockchain technology company, today announced that it has entered into a Joint Development and Operation Agreement (the Agreement) with Aurora Energy Ltd. (Aurora Energy), a Canadian energy company, to jointly develop an off-grid natural gas-powered computing infrastructure project in Alberta, Canada, and to further explore the...
Personal Finance >
Politics >
Retail >
Business >
Longeveron Receives FDA's Fast Track Designation for Lomecel-B as Alzheimer's Treatment
Longeveron Receives FDA's Fast Track Designation for Lomecel-B as Alzheimer's Treatment
Jul 17, 2024
09:01 AM EDT, 07/17/2024 (MT Newswires) -- Longeveron ( LGVN ) said Wednesday it received fast track designation from the US Food and Drug Administration for its investigational cell therapy Lomecel-B as treatment for mild Alzheimer's. Shares of the company were up 18% in recent Wednesday premarket activity. The designation is the fifth special regulatory designation given to Lomecel-B, alongside...
Market Chatter: Shoppers Drug Mart Strikes Partnership With Blood Testing Startup Truvian Health
Market Chatter: Shoppers Drug Mart Strikes Partnership With Blood Testing Startup Truvian Health
Jul 17, 2024
08:55 AM EDT, 07/17/2024 (MT Newswires) -- Shoppers Drug Mart has struck a commercial partnership with Truvian Health, a San Diego-based startup that is seeking regulatory approval for its printer-sized devices to conduct on-the-spot blood tests without the need to go to a lab, The Globe and Mail is reporting Wednesday. Loblaw Cos. Ltd. ( LBLCF ) , which owns...
--Global Water Keeps Monthly Dividend at $0.02508/Share, Payable July 31 to Holders of Record July 17
--Global Water Keeps Monthly Dividend at $0.02508/Share, Payable July 31 to Holders of Record July 17
Jul 17, 2024
08:58 AM EDT, 07/17/2024 (MT Newswires) -- Price: 13.00, Change: +0.19, Percent Change: +1.44 ...
Canadian Net REIT Sells Five Gas Station Properties in Quebec for $12.8 Million
Canadian Net REIT Sells Five Gas Station Properties in Quebec for $12.8 Million
Jul 17, 2024
08:59 AM EDT, 07/17/2024 (MT Newswires) -- Canadian Net Real Estate Investment Trust (NET-UN.V) said Wednesday that it sold five gas station properties in Quebec for about $12.8 million. The Trust said it will use the proceeds to reduce debt and have cash on hand for future acquisitions. The five gas station properties were operated by independent operators, aligning with...
Economy >
Cryptocurrency >
Forex >
Copyright 2023-2026 - www.financetom.com All Rights Reserved