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.
Trade Setup for November 30: Nifty set for best month of 2023 as record high in sight
Trade Setup for November 30: Nifty set for best month of 2023 as record high in sight
Nov 29, 2023
November has turned out to be the best month of the year so far for the Nifty, with the index gaining 5.5% so far ahead of Thursday's monthly F&O expiry.
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...
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 STOCKS-Wall St futures edge up amid Fed rate cut optimism; earnings in focus
US STOCKS-Wall St futures edge up amid Fed rate cut optimism; earnings in focus
Aug 6, 2025
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Futures up: Dow 0.34%, S&P 500 0.25%, Nasdaq 0.05% Aug 6 (Reuters) - U.S. stock index futures rose on Wednesday amid growing expectations of the Federal Reserve's interest rate cuts this year, while investors assessed a new wave of...
Opendoor Posts First Profit In 3 Years: Stock Plunges 25% After Hours As CFO Warns Of 'Lower Clearance And Record Delistings'
Opendoor Posts First Profit In 3 Years: Stock Plunges 25% After Hours As CFO Warns Of 'Lower Clearance And Record Delistings'
Aug 5, 2025
iBuying platform, Opendoor Technologies Inc. ( OPEN ) , reported its second-quarter earnings, marking its first quarter of adjusted EBITDA profitability in three years. Check out the current price of OPEN stock here. What Happened: During the company’s earnings call on Tuesday, CFO Selim Freiha highlighted its $23 million EBITDA profit, compared to a loss of $5 million last year. Freiha...
McDonald's, Uber Technologies And 3 Stocks To Watch Heading Into Wednesday
McDonald's, Uber Technologies And 3 Stocks To Watch Heading Into Wednesday
Aug 5, 2025
With U.S. stock futures trading higher this morning on Wednesday, some of the stocks that may grab investor focus today are as follows: Wall Street expects McDonald’s Corp. to report quarterly earnings at $3.14 per share on revenue of $6.68 billion before the opening bell, according to data from Benzinga Pro. McDonald’s shares rose 0.3% to $299.75 in after-hours trading....
Tom Lee Believes Strategy Could Become The Biggest Company If Bitcoin Hits $1 Million: Michael Saylor Is 'Changing The Reality' Of The Stock Market
Tom Lee Believes Strategy Could Become The Biggest Company If Bitcoin Hits $1 Million: Michael Saylor Is 'Changing The Reality' Of The Stock Market
Aug 5, 2025
Financial analyst Tom Lee predicted Tuesday that Michael Saylor-led Strategy Inc. could become the largest company in the stock market, especially if Bitcoin (CRYPTO: BTC) hits $1 million. MSTR stock tumbled in Tuesday’s session. Track it now here. Strategy: The New Exxon Mobil? During an interaction with podcaster Natalie Brunell, Lee said that Saylor is changing the reality of the...
Environment >
Technology >
EXPLAINER-Why is France targeting Nvidia?
EXPLAINER-Why is France targeting Nvidia?
Jul 2, 2024
(Updates with details from story on French antitrust charges against Nvidia ( NVDA )) By Supantha Mukherjee and Martin Coulter STOCKHOLM/LONDON, July 2 (Reuters) - France's antitrust regulator is set to charge Nvidia ( NVDA ) in relation to alleged anti-competitive practices, Reuters reported on Monday, making it the first enforcer to act against the computer chip maker. The move...
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...
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...
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 >
FedEx jumps on profit beat, improved margins in its largest unit
FedEx jumps on profit beat, improved margins in its largest unit
Mar 22, 2024
(Reuters) - FedEx ( FDX ) shares surged in premarket trading on Friday after the parcel giant beat estimates for quarterly profit and reported a higher operating margin at Express, its largest unit. Shares of the company rose 12.4% to $297.75 before the bell, with rival UPS up 3.5%. FedEx ( FDX ) has taken several measures to protect margins...
Japan's union group Rengo announces biggest wage hikes on record
Japan's union group Rengo announces biggest wage hikes on record
Mar 22, 2024
TOKYO (Reuters) -Japanese firms have agreed to raise pay by 5.25% this year, the biggest rise under comparable data since 2013, the country's largest union group Rengo confirmed on Friday. The results of the closely-watched wage negotiations are announced in several stages, in which the blue-chip firms are first to wrap up their talks in mid-March. The second announcement on...
Hutchmed Begins Registration Stage for Phase 2/3 Trial of Investigational Autoimmune Disorder Drug
Hutchmed Begins Registration Stage for Phase 2/3 Trial of Investigational Autoimmune Disorder Drug
Mar 22, 2024
05:04 AM EDT, 03/22/2024 (MT Newswires) -- Hutchmed ( HCM ) said late Thursday it has started the registration stage for a phase 2/3 clinical trial of investigational drug sovleplenib for adult patients with warm antibody autoimmune hemolytic anemia in China. The move follows positive data from the proof-of-concept phase 2 stage of the trial and a consultation with the...
Cathie Wood's ARK Invest scoops up nearly 10,000 Reddit shares in debut
Cathie Wood's ARK Invest scoops up nearly 10,000 Reddit shares in debut
Mar 22, 2024
(Reuters) - Popular investor Cathie Wood's ARK Invest bought nearly 10,000 shares of Reddit ( RDDT ) in the social media platform's strong market debut on Thursday, an email from the asset manager showed. A total of 9,982 shares of the loss-making company was added to ARK Next Generation Internet ETF ( ARKW ) and ARK Fintech Innovation ETF (...
Economy >
Cryptocurrency >
Gold, Oil Rally Sharply as Middle East Tensions Escalate; US FOMC, NFPs Near
Gold, Oil Rally Sharply as Middle East Tensions Escalate; US FOMC, NFPs Near
Jul 31, 2024
Gold, Oil Rally Sharply as Middle East Tensions Escalate: US FOMC, NFPs Near Gold rallies on haven bid as Middle East tensions escalate.Oil jumps on supply fears.FOMC meeting later today may cement a September rate cut. Recommended by Nick Cawley Trading Forex News: The Strategy For all high-importance data releases and events, see the DailyFX Economic Calendar The reported death...
Grayscale Launches Mini Spot Bitcoin ETF at ‘Ultra
Grayscale Launches Mini Spot Bitcoin ETF at ‘Ultra
Jul 31, 2024
The crypto investment management company has launched a new product called the Grayscale Bitcoin Mini Trust, which has the ticker $BTC. The new offering, endorsed as a spin-off of Grayscale’s Bitcoin exchange-traded fund (ETF) GBTC, has a competitive, “ultra-low” fee of 0.15%. Grayscale’s New Spin-Off Fund Months ago, Grayscale filed for the Mini Trust fund with the United States Securities...
Ripple (XRP) and Solana (SOL) are Among the Top
Ripple (XRP) and Solana (SOL) are Among the Top
Jul 31, 2024
TL;DR BTC, XRP, and SOL are some of the top-trending digital currencies recently due to important factors that have sparked heated discussions. Other widely-discussed tokens as of late include Ethereum (ETH), Chainlink (LINK), and others. These are the Leaders The cryptocurrency market has passed through enhanced volatility in the past few days, affecting investor sentiment. Bitcoin (BTC), for one, reached...
Important Binance Update Concerning Cardano (ADA) and Other Altcoin Traders: Details
Important Binance Update Concerning Cardano (ADA) and Other Altcoin Traders: Details
Jul 31, 2024
TL;DR Binance will delist several trading pairs (such as ADA/TUSD and AEVO/BNB) and halt spot trading bot services for them on August 2. It also added new trading pairs like CKB/USDC and EOS/USDC to its margin trading options, enhancing diversification and flexibility for users. The Delisting Efforts The worlds largest cryptocurrency exchange will remove and halt trading on several pairs...
Forex >
Copyright 2023-2026 - www.financetom.com All Rights Reserved