financetom
News
World
Environment
Technology
Politics
Retail
Business
Economy
Market summary >
Editors' picks >
News >
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.
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...
Citibank wins lawsuit against fired analyst who expensed his partner’s meals to the company and then claimed he ate two of everything
Citibank wins lawsuit against fired analyst who expensed his partner’s meals to the company and then claimed he ate two of everything
Jan 15, 2024
  Former Citibank Analyst's Unfair Dismissal Claim Rejected   Employee Lied About Food Expenses  A former Citibank analyst, Szabolcs Fekete, has lost his claim of unfair dismissal after a tribunal discovered he had lied about buying food for his partner and charging it to his employer.   Fekete, who was a senior analyst, claimed he had been both wrongfully and unfairly dismissed by Citibank....
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.
World >
Market >
US Equity Markets Surge Pre-Bell After US, China Agree to Pause Tariff War
US Equity Markets Surge Pre-Bell After US, China Agree to Pause Tariff War
May 26, 2025
08:14 AM EDT, 05/12/2025 (MT Newswires) -- US stock futures were rallying in Monday's premarket after the US and China agreed to pause their trade war for 90 days and negotiate cutting tariffs. The Dow Jones Industrial Average futures were up 2.4%, S&P 500 futures were rising 3%, and Nasdaq futures were gaining 3.9%. Oil prices were surging higher with...
Exchange-Traded Funds, Equity Futures Higher Pre-Bell Monday Amid US-China Trade Deal
Exchange-Traded Funds, Equity Futures Higher Pre-Bell Monday Amid US-China Trade Deal
May 26, 2025
08:40 AM EDT, 05/12/2025 (MT Newswires) -- The broad market exchange-traded fund SPDR S&P 500 ETF Trust ( SPY ) was up 3% and the actively traded Invesco QQQ Trust (QQQ) was 3.9% higher in Monday's premarket activity following a US-China agreement to reduce tariffs for 90 days. US stock futures were also higher, with S&P 500 Index futures up...
Shopify to Join Nasdaq-100 Index on May 19, Shares Jump 9% in U.S. Pre-market
Shopify to Join Nasdaq-100 Index on May 19, Shares Jump 9% in U.S. Pre-market
May 26, 2025
07:24 AM EDT, 05/12/2025 (MT Newswires) -- Shopify ( SHOP ) jumped 9% in U.S. pre-market trading after the Nasdaq said the company's shares will be added to the Nasdaq-100 Index and the Nasdaq-100 Equal Weighted Index prior to the start of trading on May 19. Shopify ( SHOP ) will also replace MongoDB (MDB) in other indices, including the...
Social Buzz: Wallstreetbets Stocks Mostly Higher Premarket Monday; Tesla to Advance, Eli Lilly to Decline
Social Buzz: Wallstreetbets Stocks Mostly Higher Premarket Monday; Tesla to Advance, Eli Lilly to Decline
May 26, 2025
06:51 AM EDT, 05/12/2025 (MT Newswires) -- The most-talked-about stocks in the Reddit subforum Wallstreetbets were mostly higher hours before Monday's opening bell. Tesla (TSLA) rose by 7.5% pre-bell, following a 4.7% increase in the previous session. Nvidia ( NVDA ) advanced by 4.7% premarket, reversing a 0.6% fall at Friday's close. Alphabet (GOOG) was up 3.5% in pre-bell hours,...
Environment >
Technology >
Personal Finance >
Politics >
Retail >
Business >
Tesla Shares Are Down Today: What You Need To Know
Tesla Shares Are Down Today: What You Need To Know
Jul 30, 2025
Tesla Inc. ( TSLA ) shares are trading lower on Wednesday, extending losses that began after the company's second-quarter earnings report last week. TSLA shares are lagging the market. Check the price action here. What To know: While Tesla recently secured a high-profile $16.5 billion AI chip manufacturing deal with Samsung and is reportedly in talks with LG for further semiconductor...
Microsoft's Azure cloud revenue surges as AI spending pays off
Microsoft's Azure cloud revenue surges as AI spending pays off
Jul 30, 2025
(Reuters) -Microsoft's ( MSFT ) Azure cloud-computing business delivered another quarter of blockbuster growth on Wednesday, powering revenue above Wall Street's expectations and showcasing the growing returns on its massive artificial intelligence bets. Shares of the software company rose more than 6% in extended trading after it said Azure sales surpassed $75 billion on an annual basis, the first time...
Robinhood's profit more than doubles on robust trading volumes across asset classes
Robinhood's profit more than doubles on robust trading volumes across asset classes
Jul 30, 2025
July 30 (Reuters) - Robinhood Markets ( HOOD ) said on Wednesday its second-quarter profit more than doubled due to a surge in trading volumes across options, crypto and equities. The Menlo Park, California-based online brokerage earned $386 million, or 42 cents per share, for the three months ended June 30. That compares with $188 million, or 21 cents per...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Economy >
Cryptocurrency >
Bitcoin (BTC) Brushes Off Geopolitical Jitters: Here Is the Next Target in Sight
Bitcoin (BTC) Brushes Off Geopolitical Jitters: Here Is the Next Target in Sight
May 26, 2025
Bitcoin clawed back losses on Monday, rising to nearly $110,000 after US President Donald Trumps unexpected EU tariff announcement rattled markets over the weekend. A key technical pattern has now emerged, which could potentially hint at the next major move in the cryptocurrencys ongoing price trend. Bitcoins Double Bottom Formation Bitcoin may be on track to reach $112,000 following the...
Analyst Forecasts BTC Short
Analyst Forecasts BTC Short
May 26, 2025
Bitcoin’s current rally may only be warming up, with market watchers predicting a potential surge to $162,000 by mid-June, largely driven by short-term holders approaching a critical profit threshold. According to Axel Adler Jr., Bitcoin’s Net Unrealized Profit/Loss (NUPL) for those who’ve held the cryptocurrency for a maximum of three months sits at 27%. The Short-Term Holder Catalyst In a...
Bitcoin Has Made Getting Rich So Easy, Says Robert Kiyosaki
Bitcoin Has Made Getting Rich So Easy, Says Robert Kiyosaki
May 26, 2025
In a world where capitalists dominate most economies, people are constantly searching for ways to accumulate wealth. Bitcoin presents an easy path for this, according to finance guru and entrepreneur Robert Kiyosaki. The Rich Dad, Poor Dad author believes bitcoin (BTC) has made it so easy for anyone to get rich and insists more people should be buying the digital...
Crypto Whale Wynn Quits After Scoring $25M from $1.25B Bitcoin Bet
Crypto Whale Wynn Quits After Scoring $25M from $1.25B Bitcoin Bet
May 26, 2025
In a dramatic twist befitting the man known as the “10U God of War,” crypto trader James Wynn has exited his headline-grabbing $1.25 billion Bitcoin long with a cool $25 million profit. The crypto whale had wagered his capital on BTC hitting $121,000 this week, leveraging 40x on Hyperliquid. From $87M Highs to a $25M Exit At one point, the...
Forex >
Copyright 2023-2026 - www.financetom.com All Rights Reserved