financetom
News
World
Environment
Technology
Politics
Retail
Business
Economy
Market summary >
Editors' picks >
News >
Who will ultimately foot the bill for the AI spending boom?
Who will ultimately foot the bill for the AI spending boom?
Nov 17, 2025
Theres an old saying in Washington: never believe anything until its been officially denied. And now that David Sacksdubbed the AI czar in the Trump administrationhas declared that there will be no federal bailout for AI, we can begin speculating about what that bailout might look like when it happens. It turns out that the chief financial officer of the...
Yen rebounds as stocks face selloff wave
Yen rebounds as stocks face selloff wave
Nov 18, 2025
The Japanese yen rose in Asian trading on Wednesday against a basket of major and minor currencies, as it attempted to recover from its nine-month low against the U.S. dollar. The currency is heading toward its first gain in four sessions, supported by increased buying at lower levels and renewed demand for safe-haven assets amid a global equities selloff. Following...
Minutes of the Federal Reserve meeting: Division over the October rate cut and doubts about December
Minutes of the Federal Reserve meeting: Division over the October rate cut and doubts about December
Nov 19, 2025
The minutes of the Federal Reserves October meeting, released on Wednesday, showed that policymakers were divided over the decision to cut interest rates, reflecting disagreements about whether a cooling labor market or persistent inflation posed the greater threat to the economy. Although the Federal Open Market Committee approved a rate cut at the meeting, the path for monetary policy in...
Sterling loses ground, Dollar climbs before Nvidia results
Sterling loses ground, Dollar climbs before Nvidia results
Nov 19, 2025
The British pound edged lower on Wednesday after UK inflation data for October came in broadly in line with expectations, reinforcing speculation that the Bank of England may cut interest rates next month, while the U.S. dollar strengthened ahead of Nvidias earnings and key American data releases. At the same time, the Japanese yen touched a ten-month low against the...
World >
Market >
Sector Update: Health Care Stocks Ease in Afternoon Trading
Sector Update: Health Care Stocks Ease in Afternoon Trading
Aug 29, 2024
02:01 PM EDT, 08/26/2024 (MT Newswires) -- Health care stocks were lower Monday afternoon, with the NYSE Health Care Index and the Health Care Select Sector SPDR Fund (XLV) shedding 0.1% each. The iShares Biotechnology ETF (IBB) was down less than 0.1%. In corporate news, McKesson (MCK) on Monday agreed to buy a controlling stake in the business and administrative...
Sector Update: Financial
Sector Update: Financial
Aug 29, 2024
01:31 PM EDT, 08/26/2024 (MT Newswires) -- Financial stocks were advancing in Monday afternoon trading, with the NYSE Financial Index rising 0.3% and the Financial Select Sector SPDR Fund (XLF) adding 0.4%. The Philadelphia Housing Index was shedding 0.2% and the Real Estate Select Sector SPDR Fund (XLRE) was up 0.1%. Bitcoin (BTC-USD) was declining 0.9% to $63,670, and the...
Equity Markets Mixed Intraday
Equity Markets Mixed Intraday
Aug 29, 2024
02:07 PM EDT, 08/26/2024 (MT Newswires) -- US benchmark equity indexes were mixed after midday Monday following a rally in the previous session that came as Federal Reserve Chair Jerome Powell said the time has come for interest rate cuts. The Nasdaq Composite was down 0.8% at 17,736.8 intraday, while the S&P 500 fell 0.2% to 5,621.6. The Dow Jones...
US STOCKS-S&P 500 retreats from near-record levels, Nvidia slides
US STOCKS-S&P 500 retreats from near-record levels, Nvidia slides
Aug 29, 2024
* PDD Holdings ( PDD ) slumps after quarterly revenue miss * Oil shares up on supply disruption fears, Middle East tensions * Boeing ( BA ) slips as NASA picks SpaceX over Starliner * S&P 500 -0.53%, Nasdaq -1.13%, Dow -0.04% (Updates at 1:57 p.m. ET/ 1757 GMT) By Johann M Cherian and Noel Randewich Aug 26 (Reuters) -...
Environment >
Technology >
Superna Brings Cyberstorage to the Forefront at Dell Technologies World 2026
Superna Brings Cyberstorage to the Forefront at Dell Technologies World 2026
May 18, 2026
LAS VEGAS, May 18, 2026 /PRNewswire/ -- Superna will return to Dell Technologies World 2026 as a Bronze Sponsor, showcasing how Cyberstorage brings protection, detection, response, and recovery directly into the data layer. From May 18 to 21 at The Venetian in Las Vegas, Superna will demonstrate its latest innovations at booth #1215. Ransomware has shifted the battlefield. Attackers increasingly...
Supercharging Connectivity: Brightspeed Business Launches New 5 Gig Fiber
Supercharging Connectivity: Brightspeed Business Launches New 5 Gig Fiber
May 18, 2026
Leveled up internet service with boosted speeds, expanded bandwidth and the power to elevate the online business experience CHARLOTTE, N.C., May 18, 2026 /PRNewswire/ -- Brightspeed, the nation's third-largest fiber builder empowering consumers and businesses with multi-gig-speed connectivity, announced the launch of its new 5 Gig speed service for Brightspeed Business Fiber and Premium Fiber customers. Brightspeed 5 Gig delivers next-generation...
Sertexity Introduces Its Own Crypto Wallet With Instant Authentication
Sertexity Introduces Its Own Crypto Wallet With Instant Authentication
May 18, 2026
MIAMI, May 18, 2026 (GLOBE NEWSWIRE) -- Sertexity has announced the launch of its own crypto wallet, built to plug directly into the platform's infrastructure. The new device is designed to make user interaction with the system simpler and offers a different approach to authentication - no passwords, none of the usual login hoops to jump through. Image: Sertexity Introduces...
Sohu.com Q1 2026 Earnings Call Transcript
Sohu.com Q1 2026 Earnings Call Transcript
May 18, 2026
Sohu.com ( SOHU ) released first-quarter financial results and hosted an earnings call on Monday. Read the complete transcript below. This content is powered by Benzinga APIs. For comprehensive financial data and transcripts, visit https://www.benzinga.com/apis/. Access the full call at https://edge.media-server.com/mmc/p/33ht6xgk/ Summary Sohu.com Ltd ( SOHU ) reported total revenues of $141 million for Q1 2026, representing a 4% year-over-year...
Personal Finance >
Politics >
Retail >
Business >
Economy >
Cryptocurrency >
Cardano on the Verge of Achieving a Massive Milestone: ADA Bull Run Imminent?
Cardano on the Verge of Achieving a Massive Milestone: ADA Bull Run Imminent?
Mar 22, 2024
Cardano (ADA) is showing strong growth in smart contract development. Since the beginning of the year, the number of Plutus scripts on the Cardano network, including Plutus V1 and V2, has surged by 171.45%,  At this pace, the Cardano network is adding nearly 500 new smart contracts daily. According to data from Cardano Blockchain Insights, the network has achieved 39,000...
Bitcoin Struggles at $66K; Ripple’s XRP Defies Bearish Momentum (Market Watch)
Bitcoin Struggles at $66K; Ripple’s XRP Defies Bearish Momentum (Market Watch)
Mar 22, 2024
The cryptocurrency market has failed to recover as swiftly as many expected it to, and Bitcoins price seems to be struggling to break above $66K definitively. Most of the altcoins are also trading in the red, with two notable exceptions. Bitcoin Fails at $66K As seen in the chart below, Bitcoins price was unable to retain its bullish momentum that...
Montenegro’s Court of Appeal Upholds Ruling on Do Kwon’s Extradition to South Korea
Montenegro’s Court of Appeal Upholds Ruling on Do Kwon’s Extradition to South Korea
Mar 21, 2024
After a series of back-and-forths regarding Do Kwons extradition, it appears that the Terraform Labs co-founder and former CEO may finally be handed over to South Korean authorities after the Appellate Court of Montenegro confirmed a previous decision to extradite him to his native country. Terraform Labs’ Chief Executive Officer, who was arrested in March 2023 with Kwon in Montenegro,...
Solana Flips Ethereum: Captures Nearly Half of Global Crypto Investor Interest: Report
Solana Flips Ethereum: Captures Nearly Half of Global Crypto Investor Interest: Report
Mar 22, 2024
Solana (SOL) has become the most popular blockchain ecosystem in 2024, capturing nearly 50% of global crypto investor interest in chain-specific narratives, according to a recent report by crypto data aggregator CoinGecko. The report follows the accelerated resurgence of SOL this year, currently at $177 and getting closer to its 2021 highs. Another reason behind Solana’s massive traction is the...
Forex >
Copyright 2023-2026 - www.financetom.com All Rights Reserved