financetom
News
World
Environment
Technology
Politics
Retail
Business
Economy
Market summary >
Editors' picks >
News >
World >
Market >
Trump Wins Presidential Election, Lifting US Equity Futures Pre-Bell
Trump Wins Presidential Election, Lifting US Equity Futures Pre-Bell
Nov 6, 2024
08:11 AM EST, 11/06/2024 (MT Newswires) -- US equity futures were higher Wednesday after Donald Trump prevailed over Kamala Harris in the US presidential election. Dow Jones Industrial Average futures rose 3.2%, S&P 500 futures increased 2.3%, and Nasdaq futures were up 1.7%. Trump was elected the 47th US president after he secured at least 277 Electoral College votes, more...
Japan's Nikkei ends at 3-week high as markets await US election outcome
Japan's Nikkei ends at 3-week high as markets await US election outcome
Nov 6, 2024
(Updates with closing levels) TOKYO, Nov 6 (Reuters) - Japan's Nikkei share average ended at a three-week high on Wednesday, led by chip and defence stocks, while market participants keenly awaited the outcome of the U.S. presidential election. The Nikkei jumped 2.61% to 39,480.67, its highest closing level since Oct. 15. The index also posted its biggest daily gain since...
Bets on 'Trump 2.0' winners and losers whip up markets
Bets on 'Trump 2.0' winners and losers whip up markets
Nov 6, 2024
LONDON (Reuters) - Donald Trump's rapid confirmation as the next U.S. president propelled the dollar and punished the euro as investors bet on tariffs on imports affecting trade while tax cuts could benefit U.S. business. U.S. stock futures rallied almost by the most in a year, while the dollar was set for its largest one-day jump since 2022. Bitcoin hit...
EMERGING MARKETS-Stocks, FX take a hit as Trump wins US election
EMERGING MARKETS-Stocks, FX take a hit as Trump wins US election
Nov 6, 2024
* Chinese banks sell dollars to cushion yuan's drop * Ukraine's dollar sovereign bonds rally * Mexican peso slumps to two-year low * Equities in India, Turkey jump as oil prices drop * MSCI EM stocks, FX index lose 0.6% each (Adds graphic, amends text to reflect Trump win) By Johann M Cherian Nov 6 (Reuters) - Emerging market currencies...
Environment >
Technology >
Analysis-Apple antitrust suit mirrors strategy that beat Microsoft, but tech industry has changed
Analysis-Apple antitrust suit mirrors strategy that beat Microsoft, but tech industry has changed
Mar 22, 2024
(Reuters) - The U.S. government's antitrust lawsuit against Apple ( AAPL ) draws on the watershed 1998 case that broke Microsoft's ( MSFT ) stranglehold on desktop software, but that may prove to be an imperfect blueprint for addressing smartphone competition. The market for the iPhone today looks very different from the near-monopoly enjoyed by Microsoft's ( MSFT ) Windows...
AIOZ Network Partners With Alibaba Cloud to Boost AI, Storage and Streaming Services
AIOZ Network Partners With Alibaba Cloud to Boost AI, Storage and Streaming Services
Mar 22, 2024
The two companies will establish a DePIN alliance in south-east Asia.AIOZ's native token is currently trading flat after the announcement, it is up by more than 200% in 30 days.AIOZ Network will use Alibaba Cloud to improve Web 3, AI, storage and streaming services.Decentralized infrastructure network (DePIN) AIOZ Network has become the leading blockchain partner in Alibaba Cloud’s Innovation Accelerator...
Japan braces for life with interest rates after historic change
Japan braces for life with interest rates after historic change
Mar 21, 2024
TOKYO, March 22 (Reuters) - In the coming years, Satoaki Kanoh needs to replace almost a dozen ageing machines at his Tokyo-based maker of acrylic panels, a major undertaking that he worries will become even more expensive. Ideally, I'd like to do one a year. But I don't have that much money, Kanoh said of the customised pieces of machinery...
The Analyst Landscape: 7 Takes On Clear Secure
The Analyst Landscape: 7 Takes On Clear Secure
Mar 22, 2024
Analysts' ratings for Clear Secure ( YOU ) over the last quarter vary from bullish to bearish, as provided by 7 analysts. The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective. Bullish Somewhat Bullish Indifferent...
Personal Finance >
Politics >
Retail >
Business >
IBM to buy HashiCorp in $6.4 billion deal to expand cloud software
IBM to buy HashiCorp in $6.4 billion deal to expand cloud software
Apr 24, 2024
By Arsheeya Bajwa April 24 (Reuters) - International Business Machines ( IBM ) will buy HashiCorp ( HCP ) in a deal valued at $6.4 billion, the company said on Wednesday, expanding its cloud-based software products to tap into an AI-powered boom in demand. Software has been a bright spot for IBM ( IBM ) as its consulting business grapples...
Ford's first-quarter adjusted profit falls
Ford's first-quarter adjusted profit falls
Apr 24, 2024
April 24 (Reuters) - Ford Motor Co ( F ) reported a fall in first-quarter adjusted profit on Wednesday, as the automaker navigates higher costs of labor and electric vehicle production. The Detroit automaker posted quarterly adjusted earnings of 49 cents per share, compared with 63 cents per share a year earlier. Analysts, on average, expected Ford to report an...
Market Chatter: Blackstone Nearing Deal for Tropical Smoothie Cafe, Wall Street Journal Says
Market Chatter: Blackstone Nearing Deal for Tropical Smoothie Cafe, Wall Street Journal Says
Apr 24, 2024
04:10 PM EDT, 04/24/2024 (MT Newswires) -- Blackstone (BX) could announce a deal as soon as Thursday it is buying restaurant franchiser Tropical Smoothie Cafe from current private-equity owners Levine Leichtman Capital Partners for nearly $2 billion, according to The Wall Street Journal, citing people familiar with the matter. Levine Leichtman acquired Atlanta-based Tropical Smoothie through a management-led buyout in...
Sector Update: Consumer
Sector Update: Consumer
Apr 24, 2024
03:28 PM EDT, 04/24/2024 (MT Newswires) -- Consumer stocks were rising late Wednesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) adding 0.7% and the Consumer Discretionary Select Sector SPDR Fund (XLY) up 1%. In corporate news, BranchOut Food ( BOF ) shares skyrocketed 67% after the company said Wednesday it has expanded its relationship with a large...
Economy >
Cryptocurrency >
Bitcoin (BTC) Stability is Key to a Curve DAO (CRV) Rally: Analyst
Bitcoin (BTC) Stability is Key to a Curve DAO (CRV) Rally: Analyst
Mar 27, 2025
The Curve DAO token (CRV) is gearing up for a potential breakout, but its fate hinges on Bitcoin’s (BTC) next move. Analysts warn that if BTC stumbles, CRV’s run could fizzle before it hits new highs. CrediBULL Crypto has highlighted a critical resistance zone for CRV. A clean break above this level could send the token soaring beyond $2. However,...
SUI Shoots Up by 9% Daily, BTC Recovers After Sub
SUI Shoots Up by 9% Daily, BTC Recovers After Sub
Mar 27, 2025
Bitcoins price nosedived yesterday to just under $86,000, but the asset bounced off and has recovered more than a grand since then. Most altcoins are in the red on a daily scale, including XRP, SOL, and DOGE. PI have finally charted some minor gains. BTC Bounces It was precisely a week ago when BTCs price shot up above $87,500 on...
Pi Network (PI) News Today: March 27
Pi Network (PI) News Today: March 27
Mar 27, 2025
There are some major developments on the Pi Network front, including inclusion in one of the most popular messaging apps for its native token as well as some changes for developers. Lets dive in. Telegram integration CryptoPotato reported a few days ago, as news emerged that the Pavel Durov-founded messaging app had integrated PI tokens for certain actions. Users can...
Ripple Integrates DIA’s Lumina for Oracle Services on the XRP Ledger
Ripple Integrates DIA’s Lumina for Oracle Services on the XRP Ledger
Mar 26, 2025
Blockchain infrastructure provider Ripple Labs has integrated a new data platform to provide oracle services for its decentralized, public blockchain XRP Ledger (XRPL). According to a press release shared with CryptoPotato, this oracle services provider is named Lumina and is built on the open-source financial data platform DIA (Decentralized Information Asset). Unveiling DIA’s Oracle Services Provider DIA Lumina is scheduled...
Forex >
Copyright 2023-2026 - www.financetom.com All Rights Reserved