financetom
News
World
Environment
Technology
Politics
Retail
Business
Economy
Market summary >
Editors' picks >
News >
Adobe’s CFO is helping steer the company’s path into generative AI
Adobe’s CFO is helping steer the company’s path into generative AI
Jan 15, 2024
  Generative AI: Adobe's Finance Organization Embraces Innovation   Introduction  Adobe, a leading software company, is charging full steam ahead towards a future powered by generative AI products, with finance playing a pivotal role in this transformative journey. Dan Durn, CFO and EVP of finance, technology services, and operations at Adobe, emphasizes the significance of the finance organization's involvement in strategic discussions, understanding...
PayU’s India biz clocks $211 million in revenues; Prosus attributes growth to Lazycard shutdown
PayU’s India biz clocks $211 million in revenues; Prosus attributes growth to Lazycard shutdown
Nov 29, 2023
The growth in revenues largely came from its existing merchants and payment processing stack Wibmo, as new merchant signups continued to be paused for the Indian entity after a Reserve Bank of India (RBI) order.
Gas cylinder explosion in Mumbai: 6 injured, 11 rescued from collapsed houses
Gas cylinder explosion in Mumbai: 6 injured, 11 rescued from collapsed houses
Nov 29, 2023
Six persons, including a 47-year-old woman, were injured in the incident. All of them were admitted to the nearby Shatabdi Hospital. They are being treated at the Out-patient Department (OPD) of the hospital and their condition is stable.
With California having nearly a third of America’s homeless, Gavin Newsom leans into the ‘Yes in God’s backyard’ movement
With California having nearly a third of America’s homeless, Gavin Newsom leans into the ‘Yes in God’s backyard’ movement
Jan 15, 2024
  California's New Law: Turning Parking Lots into Affordable Housing   Introduction  In an effort to combat the ongoing homeless crisis, California has enacted a new law that allows religious institutions and nonprofit colleges to convert their parking lots and other properties into low-income housing.   The Law's Provisions  The law, signed by Governor Gavin Newsom, rezones land owned by religious institutions and nonprofit colleges...
World >
Market >
Top Midday Stories: US Treasury Yields Rise Amid Deficit Concerns; Target Cuts Sales Outlook
Top Midday Stories: US Treasury Yields Rise Amid Deficit Concerns; Target Cuts Sales Outlook
May 26, 2025
11:44 AM EDT, 05/21/2025 (MT Newswires) -- The Dow Jones Industrial Average and S&P 500 Index were down, while the Nasdaq Composite was up in late-morning trading Wednesday, as long-dated US Treasury yields eclipsed notable thresholds. The yields on 30-year and 10-year US Treasury bonds rose past 5.0% and 4.5%, respectfully, as of 11:09 a.m. ET, levels last seen in...
TREASURIES-US yields rise on fiscal focus before 20-year auction
TREASURIES-US yields rise on fiscal focus before 20-year auction
May 26, 2025
May 21 (Reuters) - Longer-dated Treasury yields rose on Wednesday as investors continued to watch progress of a tax bill in U.S. Congress and before the Treasury Department will auction 20-year bonds. A deteriorating fiscal outlook has taken focus this week after Moody's Investors Service on Friday cut the United States' sovereign credit rating from the top Aaa. Yields at...
Sector Update: Health Care
Sector Update: Health Care
May 26, 2025
01:16 PM EDT, 05/21/2025 (MT Newswires) -- Health care stocks declined Wednesday afternoon, with the NYSE Health Care Index falling 1% and the Health Care Select Sector SPDR Fund (XLV) dropping 1.3%. The iShares Biotechnology ETF (IBB) slumped 1.6%. In corporate news, UnitedHealth ( UNH ) allegedly paid thousands of dollars in bonuses to nursing homes where it installed its...
Exchange-Traded Funds Decline, US Equities Mixed After Midday
Exchange-Traded Funds Decline, US Equities Mixed After Midday
May 26, 2025
01:09 PM EDT, 05/21/2025 (MT Newswires) -- Broad Market Indicators Broad-market exchange-traded funds IWM and IVV were lower. Actively traded Invesco QQQ Trust (QQQ) rose 0.3%. US equity indexes traded mixed after gains in Alphabet's (GOOG, GOOGL) shares helped lift the Nasdaq Composite while domestic fiscal jitters weighed over government bond yields. Energy IShares US Energy ETF (IYE) and the...
Environment >
Technology >
What 12 Analyst Ratings Have To Say About Hewlett Packard
What 12 Analyst Ratings Have To Say About Hewlett Packard
Jun 7, 2024
In the last three months, 12 analysts have published ratings on Hewlett Packard ( HPE ) , offering a diverse range of perspectives from bullish to bearish. The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish...
End of day Ethereum price (ETHUSD) forecast update - 07-06-2024
End of day Ethereum price (ETHUSD) forecast update - 07-06-2024
Jun 7, 2024
Ethereum price (ETHUSD) faces strong negative pressure now, as it attacked 3641.82$ level and attempted to break it, which urges caution from the upcoming trading, as confirming breaking this level will stop the main bullish wave and push the price to achieve new bearish correction on the intraday basis. ...
End of day gold price forecast update - 07-06-2024
End of day gold price forecast update - 07-06-2024
Jun 7, 2024
Gold price shows more bearish bias to start pressing on 2300.00$ barrier, reinforcing the expectations of continuing the bearish trend on the intraday basis, reminding you that our waited target is located at 2272.06$, while holding below 2340.10$ represents major condition to the continuation of the expected decline. ...
A Closer Look at 9 Analyst Recommendations For Couchbase
A Closer Look at 9 Analyst Recommendations For Couchbase
Jun 7, 2024
Analysts' ratings for Couchbase ( BASE ) over the last quarter vary from bullish to bearish, as provided by 9 analysts. The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 1 4 3...
Personal Finance >
Politics >
Retail >
Business >
Tata Power Renewable Energy wins 200-MW project in collaboration with SJVN
Tata Power Renewable Energy wins 200-MW project in collaboration with SJVN
Nov 28, 2023
The firm and dispatchable renewable energy (FDRE) project, designed with a hybrid of solar, wind, and battery storage, is aimed at providing a stable and dispatchable energy supply during peak hours. Shares of Tata Power Company Ltd ended at ₹270.75, up by ₹12.60, or 4.88%, on the BSE.
Suzlon's S144–3 MW wind turbines get big boost from Indian government
Suzlon's S144–3 MW wind turbines get big boost from Indian government
Nov 15, 2023
Th Suzlon wind turbines received the RLMM (Revised List of Models & Manufacturers) listing from the Ministry of New and Renewable Energy, marking an important milestone for the successful commercialisation of the product. Shares of Suzlon Energy Ltd ended at ₹40.49, up by ₹1.85, or 4.79%, on the BSE.
This sustainable jewellery brand is luring some women away from gold
This sustainable jewellery brand is luring some women away from gold
Oct 30, 2023
Aulerth's offerings range from ₹5,000 to as high as ₹2.8 lakh. Are women willing to spend this much on jewellery made from scrap? Founder and CEO Vivek Ramabhadran definitely believes so. Aulerth produces couture-inspired pieces in association with designers like JJ Valaya, Suneet Varma, among others. It has reported 33% repeat customers in the past year and expects a spike to 40% soon.
Cups are disposable, the environment is not: Starbucks’ green realisation
Cups are disposable, the environment is not: Starbucks’ green realisation
Sep 16, 2023
For the last several years, Starbucks has been testing different kinds of plastics. In 2019, the company went to a straw less lid, eliminating a good amount of plastic. By the end of 2023, the goal is to reduce by 15 percent the amount of material in each cup.
Economy >
Cryptocurrency >
BTC Price Reacts to Last US CPI Data Ahead of FOMC Meeting
BTC Price Reacts to Last US CPI Data Ahead of FOMC Meeting
Sep 11, 2024
Aligned with most expectations, the US Consumer Price Index showed a 2.5% year-over-year increase in August, which is 0.4% lower than the number for July. According to experts, this almost settles the debate on whether the Federal Reserve will cut the base interest rates by 25 basis points or 50. The CPI increase of 2.5% for August showcases a moderate...
These Factors Suggest Bitcoin’s (BTC) Bull Run Is Just Getting Started: CQ
These Factors Suggest Bitcoin’s (BTC) Bull Run Is Just Getting Started: CQ
Sep 11, 2024
Bitcoins price tumbled below $50,000 at the start of August and to under $53,000 at the beginning of September, which is historically a bad month for the asset. However, it managed to bounce off, and certain factors provide a more optimistic perspective about the upcoming months in terms of price action for the largest digital asset. Declining Exchange Reserves CryptoQuants...
Shiba Inu FUD Reaches a ‘Tremendous’ Level as This SHIB Indicator Plummets to a 22
Shiba Inu FUD Reaches a ‘Tremendous’ Level as This SHIB Indicator Plummets to a 22
Sep 11, 2024
TL;DR The number of small Shiba Inu (SHIB) holders has significantly decreased, reflecting high levels of Fear, Uncertainty, and Doubt (FUD). Despite the current bearish sentiment, factors such as a shift to self-custody and an increase in SHIBs burn rate could potentially drive a future price uptrend. Small Players Leave the Ecosystem The popular meme coin Shiba Inu (SHIB) has...
Ripple CLO Criticizes US Regulators for Using Crypto as Scapegoat in Money Laundering Scandals
Ripple CLO Criticizes US Regulators for Using Crypto as Scapegoat in Money Laundering Scandals
Sep 11, 2024
Ripple Labs’ Chief Legal Officer, Stuart Alderoty, has slammed U.S. regulators for unfairly targeting the cryptocurrency industry in money laundering investigations while allowing traditional banks to slip under the radar. In a recent X post, Alderoty pointed to the New York Federal Reserve’s reported role in enabling large-scale illicit transfers, including those tied to terrorist groups, as evidence that crypto...
Forex >
Copyright 2023-2026 - www.financetom.com All Rights Reserved