financetom
News
World
Environment
Technology
Politics
Retail
Business
Economy
Market summary >
Editors' picks >
News >
Euro rebounds ahead of major eurozone data
Euro rebounds ahead of major eurozone data
Oct 27, 2024
The euro rose in European trade on Thursday against a basket of major rivals after a wave of losses across three sessions, with the euro eventually settling above 3-⅕ month lows against the US dollar. It comes ahead of major data on the eurozone sectors later today, which would shed important light on the health of the European economy in...
Yen skids to three-month low as the gap in treasury yields widens
Yen skids to three-month low as the gap in treasury yields widens
Oct 26, 2024
The yen fell in European trade on Wednesday against a basket of major rivals, sharpening the losses for the third straight session against the US dollar and hitting three-month lows amid concerns about a wider US-Japan gap in government treasury yields. Recent bearish remarks from Japanese officials hurt the odds of a third BOJ interest rate hike this year, while...
Yen skids to three-month trough as Japanese governing coalition loses majority
Yen skids to three-month trough as Japanese governing coalition loses majority
Oct 28, 2024
The Japanese yen skidded in Asian trade on Monday to three-month lows against the US dollar, after the election loss by the current Japanese parliamentary governing coalition, which could impede future interest rate hikes by the Bank of Japan. The yen is also pressured by a surge in US 10-year treasury yields, amid speculation about a cautious stance by the...
Euro hits one-week high ahead of German inflation data
Euro hits one-week high ahead of German inflation data
Oct 30, 2024
Euro rose in European trade on Wednesday on track for the third profit in a row against the US dollar, hitting a week high after data showed Spanish inflation rose past estimates in October, renewing the pressure on the European Central Bank. The odds of a 0.25% ECB interest rate cut in December dipped, with investors now waiting for official...
World >
Market >
Sector Update: Financial Stocks Mixed Late Afternoon
Sector Update: Financial Stocks Mixed Late Afternoon
Jul 18, 2025
03:47 PM EDT, 07/18/2025 (MT Newswires) -- Financial stocks were narrowly mixed in Friday afternoon trading, with the NYSE Financial Index down 0.2% and the Financial Select Sector SPDR Fund (XLF) fractionally higher. The Philadelphia Housing Index was shedding 0.6%, while the Real Estate Select Sector SPDR Fund (XLRE) was up 0.1%. Bitcoin (BTC-USD) was declining 1.3% to $117,740, and...
Sector Update: Energy
Sector Update: Energy
Jul 18, 2025
03:24 PM EDT, 07/18/2025 (MT Newswires) -- Energy stocks were lower late Friday afternoon, with the NYSE Energy Sector Index down 0.7% and the Energy Select Sector SPDR Fund (XLE) decreasing 0.9%. The Philadelphia Oil Service Sector index dropped 1.2%, while the Dow Jones US Utilities index rose 1.8%. Front-month West Texas Intermediate crude oil eased 0.1% to $67.46 a...
TREASURIES-Prices rise in technical bounce as Fed's Waller backs July rate cut
TREASURIES-Prices rise in technical bounce as Fed's Waller backs July rate cut
Jul 18, 2025
(Adds analyst comment, yield curve, updates yields) * Comments by Fed's Waller highlight slower private-sector hiring * US 10-year, 30-year yields set for third straight weekly rise * US housing starts rise in June * US consumer inflation expectations dip By Gertrude Chavez-Dreyfuss NEW YORK, July 18 (Reuters) - U.S. Treasuries rose on Friday, dragging yields lower, after Federal Reserve...
Sector Update: Financial
Sector Update: Financial
Jul 18, 2025
03:32 PM EDT, 07/18/2025 (MT Newswires) -- Financial stocks were narrowly mixed in Friday afternoon trading, with the NYSE Financial Index down 0.2% and the Financial Select Sector SPDR Fund (XLF) fractionally higher. The Philadelphia Housing Index was shedding 0.6%, while the Real Estate Select Sector SPDR Fund (XLRE) was up 0.1%. Bitcoin (BTC-USD) was declining 1.3% to $117,740, and...
Environment >
Technology >
Assessing Qualcomm: Insights From 23 Financial Analysts
Assessing Qualcomm: Insights From 23 Financial Analysts
Jul 9, 2024
Across the recent three months, 23 analysts have shared their insights on Qualcomm ( QCOM ) , expressing a variety of opinions spanning from bullish to bearish. The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total...
Where Monolithic Power Systems Stands With Analysts
Where Monolithic Power Systems Stands With Analysts
Jul 9, 2024
Ratings for Monolithic Power Systems ( MPWR ) were provided by 5 analysts in the past three months, showcasing a mix of bullish and bearish perspectives. 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....
Insiders Buying American Software And 2 Other Stocks
Insiders Buying American Software And 2 Other Stocks
Jul 9, 2024
Although U.S. stocks closed mixed on Monday, there were a few notable insider trades. When insiders purchase shares, it indicates their confidence in the company’s prospects or that they view the stock as a bargain. Either way, this signals an opportunity to go long on the stock. Insider purchases should not be taken as the only indicator for making an...
Pagers and drones: How Hezbollah aims to counter Israel's high-tech surveillance
Pagers and drones: How Hezbollah aims to counter Israel's high-tech surveillance
Jul 9, 2024
BEIRUT (Reuters) - Coded messages. Landline phones. Pagers. Following the killing of senior commanders in targeted Israeli airstrikes, the Iran-backed Lebanese militant group, Hezbollah, has been using some low-tech strategies to try to evade its foe's sophisticated surveillance technology, informed sources told Reuters. It has also been using its own tech - drones - to study and attack Israel's intelligence...
Personal Finance >
Politics >
Retail >
Business >
Walmart faces some tariff challenges as Wall Street awaits record-breaking sales
Walmart faces some tariff challenges as Wall Street awaits record-breaking sales
Feb 19, 2025
NEW YORK (Reuters) - Penny-pinching Walmart ( WMT ) shoppers focus much more on getting the lowest prices than on whether products are made in the U.S., Canada, China or elsewhere, Walmart ( WMT ) executives have said. When Walmart ( WMT ) discloses results on Thursday, the chain of more than 4,600 U.S. stores is likely to show that...
Deals of the day-Mergers and acquisitions
Deals of the day-Mergers and acquisitions
Feb 19, 2025
Feb 19 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1030 GMT on Wednesday: ** Switzerland's EFG International said it had posted a net profit of 321.6 million Swiss francs ($356 million) in 2024, an increase of 6% from the previous year, and that it was acquiring Swiss private bank Cité Gestion. ** Swiss technology firm...
Next generation weight loss drugs aim to save muscle
Next generation weight loss drugs aim to save muscle
Feb 19, 2025
By Bhanvi Satija and Ludwig Burger (Reuters) - About a dozen drugmakers are developing new weight-loss treatments aimed at preserving muscle, and industry analysts, clinical trial experts and doctors say they may also need to demonstrate additional health benefits beyond the numbers on a scale to get approved. The drugs are being tested to complement or replace the wildly popular...
Factbox-Fat, not muscle: drugmakers in race for next weight-loss breakthrough
Factbox-Fat, not muscle: drugmakers in race for next weight-loss breakthrough
Feb 19, 2025
(Reuters) - Current weight-loss methods such as lifestyle changes, surgery, and popular therapies like Novo Nordisk's Wegovy and Eli Lilly's ( LLY ) Zepbound result in both fat and muscle loss that can increase the risk of falls and decrease overall strength, which could be especially harmful for older patients.  The following companies are developing weight-loss treatments that help preserve or...
Economy >
Cryptocurrency >
Forex >
Copyright 2023-2026 - www.financetom.com All Rights Reserved