financetom
News
World
Environment
Technology
Politics
Retail
Business
Economy
Market summary >
Editors' picks >
News >
Euro hits four-week high before Lagarde's remarks
Euro hits four-week high before Lagarde's remarks
May 26, 2025
The euro rose in European trade on Monday against a basket of major rivals, extending gains for the second straight session against the dollar and hitting a four-week high as US President Donald Trump gave the EU another chance to reach a trade deal. Recent eurozone inflation data led to divisions between European Central Bank policymakers on the decision to...
Euro hovers near four-week high after Lagarde's remarks
Euro hovers near four-week high after Lagarde's remarks
May 27, 2025
The euro rose in European trade on Tuesday on track for the third straight session against the US dollar, and about to hit a four-week high amid concerns about US financial stability. Recent bullish remarks by European Central Bank President Christine Lagarde provided more positive momentum for the euro, and underscored investor confidence in the EU. The Price The EUR/USD...
US dollar extends losses to five-week trough on US debt concerns
US dollar extends losses to five-week trough on US debt concerns
May 26, 2025
The US dollar fell in European trade on Monday against a basket of major rivals, hitting a five-week trough amid concerns about the US debt levels. Now investors await important remarks by several Fed officials as they look for more clues on the odds of multiple Fed rate cuts this year. The Index The dollar index fell 0.4% to 98.69,...
Yen rushes to four-week high on strong demand
Yen rushes to four-week high on strong demand
May 27, 2025
The Japanese yen rose in Asian trade on Tuesday against a basket of major rivals, resuming gains against the dollar after a short hiatus and hitting a four-week high on strong haven demand amid concerns about US debt levels. Gains are also bolstered by the increasing odds of a Japanese interest rate hike in June in response to mounting inflationary...
World >
Market >
Ed Yardeni Slashes Recession Odds To 25% After US Stocks Rally, Lifts S&P 500 Year-End Target To 6,500
Ed Yardeni Slashes Recession Odds To 25% After US Stocks Rally, Lifts S&P 500 Year-End Target To 6,500
May 26, 2025
Renowned independent investment strategist Ed Yardeni, the President of Yardeni Research, has lowered his U.S. recession probability while raising his S&P 500 target following the trade deal with China. What Happened: After the U.S. and China announced a 90-day truce on Monday, the markets cheered the development as the S&P 500 and Nasdaq 100 rallied over 3%. While this provides...
Coinbase, Rigetti, Nvidia, Meta, And Tesla: Why These 5 Stocks Are On Investors' Radars Today
Coinbase, Rigetti, Nvidia, Meta, And Tesla: Why These 5 Stocks Are On Investors' Radars Today
May 26, 2025
U.S. stock markets experienced a robust rally today, with the Nasdaq surging over 4% and the S&P 500 climbing by 3.26%. The Dow Jones Industrial Average also saw a significant rise of 2.8%. These are the top stocks that gained the attention of retail traders and investors throughout the day: Coinbase Global Inc. ( COIN )  Coinbase shares rose by 3.96%, closing at $207.22. The stock...
COLUMN-Fed tests limits of 'wait and see': McGeever
COLUMN-Fed tests limits of 'wait and see': McGeever
May 26, 2025
ORLANDO, Florida, May 12 (Reuters) - A split is emerging between the Federal Reserve and other major central banks as they try to assess the economic impact of the rapidly shifting global trade war. The Fed has kept interest rates on hold in the face of rising inflation risk, while many of its peers are cutting to cushion the blow...
Japan's Nikkei jumps to 3-month peak on Sino-US tariff truce
Japan's Nikkei jumps to 3-month peak on Sino-US tariff truce
May 26, 2025
TOKYO, May 13 (Reuters) - Japan's Nikkei share average jumped to the highest in almost three months on Tuesday as the U.S. and China agreed to temporarily slash harsh reciprocal tariffs, easing concerns that their trade war could trigger a global recession. The Nikkei surged as much as 2.3% to 38,494.06 shortly after the open, a level last seen on...
Environment >
Technology >
Best Financial Management Software (2025): QuickBooks Ranked #1 for Growing Business Success by Expert Consumers
Best Financial Management Software (2025): QuickBooks Ranked #1 for Growing Business Success by Expert Consumers
Nov 14, 2025
NEW YORK, Nov. 14, 2025 /PRNewswire/ -- Expert Consumers has officially ranked QuickBooks as the #1 financial management software for 2025, recognizing its leadership in automation, accuracy, and growth enablement for businesses across industries. The recognition highlights QuickBooks' continued impact on modern accounting, emphasizing its ability to streamline financial management while supporting business scalability in a rapidly changing economic environment. Best...
Hyperscale Data Issues Letter to Stockholders from Executive Chairman
Hyperscale Data Issues Letter to Stockholders from Executive Chairman
Nov 14, 2025
I never want to sell Bitcoin again, says Founder and Executive Chairman as Company Outlines Bitcoin-Anchored Strategy LAS VEGAS, Nov. 14, 2025 /PRNewswire/ -- Hyperscale Data, Inc. , an artificial intelligence (AI) data center company anchored by Bitcoin (Hyperscale Data ( GPUS/PD ) or the Company), today issued the following letter to its stockholders from its Founder and Executive Chairman, Milton Todd Ault,...
Phononic Unleashes AI Data Center Performance Via Advanced Cooling With the Phononic ‘Thermal Kit’
Phononic Unleashes AI Data Center Performance Via Advanced Cooling With the Phononic ‘Thermal Kit’
Nov 14, 2025
DURHAM, N.C., Nov. 14, 2025 (GLOBE NEWSWIRE) -- Phononic, a global leader in solid state cooling technology, reveals the cooling solution for AI data centers that unthrottles AI performance while simultaneously delivering attractive returns on infrastructure investment. Today’s AI workloads exhibit unprecedented variability, driving throttling that can erode bandwidth, and ultimately compute performance, by as much as 30%. Cooling overprovisioning...
Nauticus Robotics Announces Results for the Third Quarter of 2025
Nauticus Robotics Announces Results for the Third Quarter of 2025
Nov 14, 2025
Customer Interest Increases; New Capabilities and Products Coming Online   HOUSTON, Nov. 14, 2025 /PRNewswire/ -- Nauticus Robotics, Inc. (Nauticus or Company) , a leading innovator in subsea robotics and software, today announced its financial results for the quarter ended September 30, 2025. John Gibson, Nauticus Robotics ( KITT ) President and CEO, stated, This was a breakthrough quarter for...
Personal Finance >
Politics >
Retail >
Business >
US warns airlines of potential hazards when flying over Venezuela
US warns airlines of potential hazards when flying over Venezuela
Nov 21, 2025
WASHINGTON, Nov 21 (Reuters) - The U.S. Federal Aviation Administration warned major airlines on Friday of a potentially hazardous situation when flying over Venezuela and urged them to exercise caution. The FAA notice cited the worsening security situation and heightened military activity in or around Venezuela and said threats could pose risks for aircraft at all altitudes. There has been...
Judge in Google ad tech case seeks quick fix for web giant's monopolies
Judge in Google ad tech case seeks quick fix for web giant's monopolies
Nov 21, 2025
ALEXANDRIA, Virginia (Reuters) -The U.S. judge considering whether to order a breakup of Google's advertising technology business asked the Department of Justice on Friday how quickly such a remedy would take effect, saying, time is of the essence. Google has so far come away largely unscathed from a bipartisan government legal crackdown on the dominance of Big Tech - a...
Judge in Google ad tech case seeks quick fix for web giant's monopolies
Judge in Google ad tech case seeks quick fix for web giant's monopolies
Nov 21, 2025
* DOJ seeks forced sale of Google ad tech unit * Judge questions how appeal will affect timing * Google calls breakup extreme (Adds detail on the status of Meta case in paragraph 16) By Jody Godoy ALEXANDRIA, Virginia, Nov 21 (Reuters) - The U.S. judge considering whether to order a breakup of Google's advertising technology business asked the Department...
Canada Post, union reach deal in principle to end strike and lockout actions
Canada Post, union reach deal in principle to end strike and lockout actions
Nov 21, 2025
Nov 21 (Reuters) - Canada Post and the union representing thousands of mail carriers reached agreements in principle on Friday after more than two years of negotiations, halting all strike and lockout actions. More than 55,000 postal workers walked off the job on September 25 after the Canadian government called for the postal company to undergo a widespread transformation to...
Economy >
Cryptocurrency >
Forex >
Copyright 2023-2025 - www.financetom.com All Rights Reserved