financetom
News
World
Environment
Technology
Politics
Retail
Business
Economy
Market summary >
Editors' picks >
News >
Loonie hesitant amid Middle East uncertainty
Loonie hesitant amid Middle East uncertainty
Apr 22, 2026
The Canadian dollar stabilized near a six-week high against its U.S. counterpart on Wednesday, supported by rising oil prices, while investors await signs of diplomatic progress toward ending the war in the Middle East. The Canadian currency, known as the loonie, was traded largely unchanged at the 1.3660 level against the U.S. dollar, or the equivalent of 73.21 U.S. cents....
Yen deepens losses to two-week trough on Hormuz tensions
Yen deepens losses to two-week trough on Hormuz tensions
Apr 23, 2026
The Japanese yen declined in the Asian market on Thursday against a basket of major and minor currencies, deepening its losses for the fourth consecutive day against the U.S. dollar. It reached its lowest level in nearly two weeks as investors focused on buying the American currency as the preferred alternative investment amid escalating tensions between the United States and...
Dollar rises amid US-Iran tensions, haven demand
Dollar rises amid US-Iran tensions, haven demand
Apr 23, 2026
The U.S. dollar headed toward its first weekly gain in a month on Thursday as tensions between Iran and the United States escalated amid the conflict in the Middle East. Stalled peace talks pushed oil prices back above $100 per barrel, dampening investor optimism. Tehran heightened the standoff by seizing two ships in the Strait of Hormuz on Wednesday. This...
Euro deepens losses on mounting US-Iran tensions
Euro deepens losses on mounting US-Iran tensions
Apr 23, 2026
The Euro declined in the European market on Thursday against a basket of global currencies, deepening its losses for the third consecutive day against the U.S. dollar. It reached its lowest level in ten days as investors focused on purchasing the American currency as the preferred alternative investment amid escalating tensions between the United States and Iran in the Strait...
World >
Market >
Sector Update: Financial Stocks Higher Late Afternoon
Sector Update: Financial Stocks Higher Late Afternoon
Jul 30, 2024
03:45 PM EDT, 07/30/2024 (MT Newswires) -- Financial stocks advanced in late Tuesday afternoon trading with the NYSE Financial Index adding 0.6% and the Financial Select Sector SPDR Fund (XLF) ahead 1%. The Philadelphia Housing Index rose 1%, and the Real Estate Select Sector SPDR Fund (XLRE) gained 0.5%. Bitcoin (BTC-USD) fell 1.5% to $65,787, and the yield for 10-year...
US Equities Markets End Mixed Tuesday as Investors Await Fed Decision, Microsoft Results
US Equities Markets End Mixed Tuesday as Investors Await Fed Decision, Microsoft Results
Jul 30, 2024
04:07 PM EDT, 07/30/2024 (MT Newswires) -- US benchmark equity indexes ended mixed Tuesday as the Federal Reserve's two-day monetary policy meeting got underway and investors awaited Microsoft's ( MSFT ) financial results. * The central bank's Federal Open Market Committee is scheduled to announce its latest monetary policy decision Wednesday. Markets are widely expecting policymakers to hold interest rates...
Sector Update: Energy Stocks Rise Late Afternoon
Sector Update: Energy Stocks Rise Late Afternoon
Jul 30, 2024
03:47 PM EDT, 07/30/2024 (MT Newswires) -- Energy stocks gained late Tuesday afternoon with the NYSE Energy Sector Index adding 1% and the Energy Select Sector SPDR Fund (XLE) climbing 1.7%. The Philadelphia Oil Service Sector index rose 0.7%, and the Dow Jones US Utilities index was up 0.9%. West Texas Intermediate crude oil declined 1% to $75.04 a barrel,...
Sector Update: Health Care Stocks Edge Higher Late Afternoon
Sector Update: Health Care Stocks Edge Higher Late Afternoon
Jul 30, 2024
03:59 PM EDT, 07/30/2024 (MT Newswires) -- Health care stocks edged up late Tuesday afternoon with the NYSE Health Care Index increasing 0.1% and the Health Care Select Sector SPDR Fund (XLV) 0.2% higher. The iShares Biotechnology ETF (IBB) rose 0.2%. In corporate news, Imunon ( IMNN ) shares rose 171% after the company said topline data from a phase...
Environment >
Technology >
Assessing Apple's Performance Against Competitors In Technology Hardware, Storage & Peripherals Industry
Assessing Apple's Performance Against Competitors In Technology Hardware, Storage & Peripherals Industry
Jul 2, 2024
In the dynamic and cutthroat world of business, conducting thorough company analysis is essential for investors and industry experts. In this article, we will undertake a comprehensive industry comparison, evaluating Apple ( AAPL ) and its primary competitors in the Technology Hardware, Storage & Peripherals industry. By closely examining key financial metrics, market position, and growth prospects, our aim is...
Worldcoin Hires Former Google, X and Apple Execs to Beef Up Privacy, Security
Worldcoin Hires Former Google, X and Apple Execs to Beef Up Privacy, Security
Jul 2, 2024
Worldcoin builder Tools for Humanity hired former X (previously, Twitter) executive Damien Kieran as chief privacy officer.Ex-Google ( GOOG ) executives Adrian Ludwig and Ajay Patel joined as chief information security officer and head of World ID, respectively.Former Apple executive Rich Heley joined as chief device officer.Tools for Humanity (TFH), builder of decentralized identity project Worldcoin, has hired four seasoned...
Biden revoked 8 licenses for China's Huawei in 2024, document shows
Biden revoked 8 licenses for China's Huawei in 2024, document shows
Jul 2, 2024
WASHINGTON, July 2 (Reuters) - The Biden administration has revoked eight licenses this year that had allowed some companies to ship goods to Chinese telecoms equipment giant Huawei, according to a document seen by Reuters, as it seeks to pressure the resurgent company. The Commerce Department, which oversees U.S. export policy, said in May it had revoked certain licenses, as...
Smart Money Is Betting Big In MSFT Options
Smart Money Is Betting Big In MSFT Options
Jul 2, 2024
Financial giants have made a conspicuous bearish move on Microsoft ( MSFT ). Our analysis of options history for Microsoft ( MSFT ) revealed 11 unusual trades. Delving into the details, we found 9% of traders were bullish, while 45% showed bearish tendencies. Out of all the trades we spotted, 4 were puts, with a value of $189,735, and 7...
Personal Finance >
Politics >
Retail >
Business >
ISS recommends shareholders vote against BlackRock CEO's pay proposal
ISS recommends shareholders vote against BlackRock CEO's pay proposal
Apr 29, 2024
April 29 (Reuters) - Proxy advisory firm ISS on Monday recommended that shareholders vote against proposal to ratify BlackRock ( BLK ) CEO Larry Fink's compensation. ...
GE HealthCare Technologies Receives FDA Marketing Clearance for Portrait VSM Monitor
GE HealthCare Technologies Receives FDA Marketing Clearance for Portrait VSM Monitor
Apr 29, 2024
10:00 AM EDT, 04/29/2024 (MT Newswires) -- GE HealthCare Technologies ( GEHC ) said Monday that it has received 510(k) clearance from the US Food and Drug Administration for its Portrait VSM vital signs monitor. The device uses a non-invasive blood pressure algorithm to provide measurement readings for blood pressure, pulse rate, oxygen saturation, body temperature and respiratory rate. A...
Westinghouse Air Brake Technologies Insider Sold Shares Worth $487,010, According to a Recent SEC Filing
Westinghouse Air Brake Technologies Insider Sold Shares Worth $487,010, According to a Recent SEC Filing
Apr 29, 2024
10:01 AM EDT, 04/29/2024 (MT Newswires) -- David L DeNinno, Executive Vice President, General Counsel and Secretary, on April 25, 2024, sold 3,016 shares in Westinghouse Air Brake Technologies ( WAB ) for $487,010. Following the Form 4 filing with the SEC, DeNinno has control over a total of 65,352 shares of the company, with 65,352 shares held directly. SEC...
Allegiant Travel Reports Decrease in March, Q1 Passenger Count
Allegiant Travel Reports Decrease in March, Q1 Passenger Count
Apr 29, 2024
09:54 AM EDT, 04/29/2024 (MT Newswires) -- Allegiant Travel Company ( ALGT ) said Monday that its preliminary total system passenger count in March dropped 1.3% year over year to about 1.67 million. Available seat miles last month rose 2.2% from a year earlier, while departures rose 0.2%, the travel company said. In Q1, the company's total system passenger count...
Economy >
Cryptocurrency >
Forex >
Copyright 2023-2026 - www.financetom.com All Rights Reserved