financetom
News
World
Environment
Technology
Politics
Retail
Business
Economy
Market summary >
Editors' picks >
News >
Aussie falls and shrugs off strong employment data
Aussie falls and shrugs off strong employment data
May 25, 2025
The Australian dollar fell against most major rivals on Thursday despite strong labor data. Australia's unemployment rate was unchanged in April at 4.1%, same as March, and matching expectations. The Australian economy added 89.0 thousand new jobs in April, easily beating estimates of a 20.9 thousand addition, while March's reading was revised to show the addition of 32.2 thousand jobs...
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 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 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...
World >
Market >
Top Midday Decliners
Top Midday Decliners
Aug 27, 2025
02:30 PM EDT, 08/27/2025 (MT Newswires) -- Kindly MD (NAKA) said late Tuesday that it is launching an at-the-market equity program to sell up to $5 billion shares. Shares sank 22%, with intraday trading volume of over 2.2 million against a daily average of about 670,000. Morgan Stanley cut its price target for Paramount Skydance ( PSKY ) to $10...
Sector Update: Health Care
Sector Update: Health Care
Aug 27, 2025
03:12 PM EDT, 08/27/2025 (MT Newswires) -- Health care stocks advanced late Wednesday afternoon with the NYSE Health Care Index adding 0.2% and the Health Care Select Sector SPDR Fund (XLV) fractionally higher. The iShares Biotechnology ETF (IBB) was up 0.1%. In corporate news, Moderna ( MRNA ) said the US Food and Drug Administration approved its supplemental biologics license...
Sector Update: Tech
Sector Update: Tech
Aug 27, 2025
03:16 PM EDT, 08/27/2025 (MT Newswires) -- Tech stocks were higher late Wednesday afternoon, with the Technology Select Sector SPDR Fund (XLK) and the SPDR S&P Semiconductor ETF (XSD) adding 0.4%. The Philadelphia Semiconductor index increased 0.1%. In corporate news, Alphabet's (GOOG) Google ( GOOG ) has eliminated 35% of its managers overseeing small teams, CNBC reported, citing audio from...
US STOCKS-S&P 500 hits record high as investors await Nvidia results
US STOCKS-S&P 500 hits record high as investors await Nvidia results
Aug 27, 2025
(Updates with afternoon trading) * Fed's Williams open to rate cuts depending on data, report says * J.M. Smucker falls after quarterly profit miss * MongoDB ( MDB ) soars after raising annual profit forecast * S&P 500 +0.22%, Nasdaq +0.18%, Dow +0.31% By Noel Randewich and Johann M Cherian Aug 27 (Reuters) - The S&P 500 climbed to a...
Environment >
Technology >
The Protocol
The Protocol
Jun 19, 2024
Happy Juneteenth to our readers in the U.S.! CoinDesk staff is off for the federal holiday but we have compiled an abbreviated issue of The Protocol with the latest news headlines on blockchain tech, along with our top picks from the past week's Protocol Village column. Featuring: Martin Shkreli and $DJT. Is there a connection to Donald Trump?Consensys says SEC...
US wants Netherlands, Japan to further restrict chipmaking equipment to China
US wants Netherlands, Japan to further restrict chipmaking equipment to China
Jun 19, 2024
(Reuters) -A U.S. official was heading to Japan after meeting with the Dutch government to urge the allies to further restrict China's ability to produce cutting-edge semiconductors, two people familiar with the matter told Reuters. Alan Estevez, the U.S. export policy chief, is visiting both countries this week as part of attempts to expand a 2023 agreement between the three...
Competitor Analysis: Evaluating Amphenol And Competitors In Electronic Equipment, Instruments & Components Industry
Competitor Analysis: Evaluating Amphenol And Competitors In Electronic Equipment, Instruments & Components Industry
Jun 19, 2024
In today's fast-paced and competitive business landscape, it is essential for investors and industry enthusiasts to thoroughly analyze companies before making investment decisions. In this article, we will conduct a comprehensive industry comparison, evaluating Amphenol ( APH ) against its key competitors in the Electronic Equipment, Instruments & Components industry. By examining key financial metrics, market position, and growth prospects,...
CDK Global investigating cyber incident, briefly shut all systems
CDK Global investigating cyber incident, briefly shut all systems
Jun 19, 2024
June 19 (Reuters) - Retail technology and software provider CDK Global was investigating a cyber incident and had briefly shut all its systems down proactively, it said on Wednesday. The company, which provides software to car dealerships, said its core dealer management system and digital retailing solutions had been restored. CDK Global added that it had tested and consulted with...
Personal Finance >
Politics >
Retail >
Business >
Collegium Pharmaceutical Approves $150 Million Share Buyback
Collegium Pharmaceutical Approves $150 Million Share Buyback
Jul 7, 2025
08:21 AM EDT, 07/07/2025 (MT Newswires) -- Collegium Pharmaceutical ( COLL ) said Monday its board has authorized a program to repurchase up to $150 million in shares through the end of 2026. The new program replaces a previous $150 million buyback authorized in 2024 which expired on June 30 with $65 million remaining, the biopharmaceutical company said. Shares of...
Organon Says Atopic Dermatitis Cream Strongly Recommended by American Academy of Dermatology
Organon Says Atopic Dermatitis Cream Strongly Recommended by American Academy of Dermatology
Jul 7, 2025
08:25 AM EDT, 07/07/2025 (MT Newswires) -- Organon (OGN) said Monday its Vtama cream was granted a strong recommendation by the American Academy of Dermatology in their 2025 updated guideline for the management of adults with atopic dermatitis, a condition that causes dry, itchy and inflamed skin. The 2025 update includes therapies that have been recently approved by the US...
Lenz Therapeutics, Thea Partner to Commercialize Presbyopia Eye Drop in Canada; Shares Up Pre-Bell
Lenz Therapeutics, Thea Partner to Commercialize Presbyopia Eye Drop in Canada; Shares Up Pre-Bell
Jul 7, 2025
08:27 AM EDT, 07/07/2025 (MT Newswires) -- Lenz Therapeutics ( LENZ ) and Laboratoires Thea said Monday that they signed an exclusive licensing and commercialization agreement to market LNZ100, Lenz's investigational eye drop for presbyopia, in Canada. Under the terms of the deal, the companies said Lenz is eligible to receive over $70 million in upfront, regulatory, and commercial milestone...
EU hopes for Trump tariff deal by July deadline after 'good exchange'
EU hopes for Trump tariff deal by July deadline after 'good exchange'
Jul 7, 2025
BRUSSELS (Reuters) -The European Union still aims to reach a trade deal with the United States by July 9 after Commission President Ursula von der Leyen and U.S. President Donald Trump had a good exchange, a Commission spokesperson said on Monday. It was not immediately clear, however, whether there had been a meaningful breakthrough in talks to stave off the...
Economy >
Cryptocurrency >
Cardano Transaction Fees Jump 254% QoQ as ADA Price and Activity Soar
Cardano Transaction Fees Jump 254% QoQ as ADA Price and Activity Soar
Feb 18, 2025
Cardano (ADA) saw its price surge by 126% in Q4 2024, while its market capitalization grew to $30.3 billion. This price jump triggered ADAs circulating market cap rank from 11th to 9th. The increases in both price and market cap aligned with the US election in November and the broader rally of cryptocurrencies. As such, Messaris latest report also highlights...
Meteora Exec Resigns Amid Financial Misconduct Claims
Meteora Exec Resigns Amid Financial Misconduct Claims
Feb 18, 2025
Ben Chow, co-founder of DeFi and meme coin platform Meteora, resigned on Monday after being accused of financial misconduct and insider trading tied to the controversial LIBRA meme coin. This development came after growing concerns over his involvement in the project. Chow Denies Involvement in Controversy Meow, the pseudonymous co-founder of Jupiter, a decentralized exchange on Solana, as well as...
Litecoin Steals the Show as Bitcoin Recovers From 2
Litecoin Steals the Show as Bitcoin Recovers From 2
Feb 19, 2025
Bitcoins underwhelming price actions drove the asset south to a two-week low of $93,500 yesterday, but it managed to react well and now sits almost three grand higher. Most altcoins have also bounced off following yesterdays crash, but LTC has taken the main stage by outperforming the rest. BTC Recovers Ever since the surge toward $99,000 on Valentines Day, the...
February Could Kickstart Altseason if History Rhymes: Analysts 
February Could Kickstart Altseason if History Rhymes: Analysts 
Feb 18, 2025
Crypto markets are down again today, with total capitalization having lost around 3% over the past 24 hours in a fall to $3.24 trillion. As usual, the brunt of the losses is from altcoins, which have continued to bleed for most of this month. Nevertheless, February has usually been a pivotal period for altcoins and markets in general if past...
Forex >
Copyright 2023-2026 - www.financetom.com All Rights Reserved