financetom
News
World
Environment
Technology
Politics
Retail
Business
Economy
Market summary >
Editors' picks >
News >
Market Update – Risk Sentiment Slips, Gold, VIX Better Bid as US CPI and FOMC Near
Market Update – Risk Sentiment Slips, Gold, VIX Better Bid as US CPI and FOMC Near
Jun 11, 2024
Risk Sentiment Slips, Gold, VIX Better Bid as US CPI and FOMC Near European indices are lower Tuesday, US counterparts are also in the red.Gold respects support but pullback remains muted.US CPI and FOMC decision out on Wednesday. Recommended by Nick Cawley Building Confidence in Trading European indices are still feeling the effects of last weekend’s European Elections where right-wing...
Yen stalls ahead of US inflation data, Fed's decisions
Yen stalls ahead of US inflation data, Fed's decisions
Jun 12, 2024
Yen declined in Asian trade on Wednesday, on track for the fourth straight loss against the dollar and hovering near week lows as investors await important US data today. Mainline US inflation data will be released today for May, followed by the policy decisions by the Federal Reserve today. The Bank of Japan will hold its own policy meeting tomorrow...
​​​​​​Dow Muted in Early Trading, while Nasdaq 100 Returns to Recent Highs and Nikkei 225 Makes Progress
​​​​​​Dow Muted in Early Trading, while Nasdaq 100 Returns to Recent Highs and Nikkei 225 Makes Progress
Jun 11, 2024
Dow Jones 30, Nasdaq 100, Nikkei 225 Analysis and Charts ​​​Dow stabilises but struggles to move higher ​After dropping back on Friday the index managed to recover on Monday, holding above the lows of Friday’s session. ​This allows the price to begin a move back towards the previous highs at 40,000, so long as the 50-day simple moving average (SMA)...
Euro edges up ahead of busy day in US markets
Euro edges up ahead of busy day in US markets
Jun 12, 2024
Euro rose in European trade on Wednesday for the first time in four sessions against the US dollar away from recent-six week lows, with the pair still under pressure from mounting EU political risks. The euro is taking a stand ahead of a busy day in US markets with many events that will impact trends worldwide. The Price The EUR/USD...
World >
Market >
US Equity Indexes Mixed in Midday Trading
US Equity Indexes Mixed in Midday Trading
Jul 2, 2025
12:26 PM EDT, 07/02/2025 (MT Newswires) -- US equity indexes and government bond yields traded mixed after midday on Wednesday as investors weighed the labor market data. The Nasdaq rose 0.9% to 20,375.9 after hitting an all-time high of 20,418.31 on Monday. The S&P 500 climbed 0.3% to 6,215.5, trading beneath its new peak of 6,217.48 scaled before midday on...
US STOCKS-Wall St recovers with help from Nvidia, Tesla; jobs data awaited
US STOCKS-Wall St recovers with help from Nvidia, Tesla; jobs data awaited
Jul 2, 2025
* S&P 500 up 0.3%, Nasdaq up 0.75%, Dow flat * US private payrolls decrease unexpectedly in June * Centene ( CNC ) tumbles after pulling 2025 forecast * Tesla climbs after Q2 deliveries report (Updates with early afternoon price) By Sruthi Shankar and Nikhil Sharma July 2 (Reuters) - U.S. stocks recovered from opening losses to trade higher on...
US Health Insurance Stocks Fall After Centene Withdraws 2025 EPS Guidance
US Health Insurance Stocks Fall After Centene Withdraws 2025 EPS Guidance
Jul 2, 2025
12:01 PM EDT, 07/02/2025 (MT Newswires) -- Health insurance stocks were down in recent Wednesday trading after Centene ( CNC ) withdrew its full-year earnings outlook. Molina Healthcare ( MOH ) shares were falling over 20%, UnitedHealth Group ( UNH ) was down 3.4%, Elevance Health ( ELV ) was down 8%, Humana (HUM) was down 2.8% and CVS Health...
Exchange-Traded Funds Rise, US Equities Mixed After Midday
Exchange-Traded Funds Rise, US Equities Mixed After Midday
Jul 2, 2025
01:13 PM EDT, 07/02/2025 (MT Newswires) -- Broad Market Indicators Broad-market exchange-traded funds IWM and IVV were higher. Actively traded Invesco QQQ Trust (QQQ) was up 0.7%. US equity indexes and government bond yields traded mixed after midday on Wednesday as investors weighed the labor market data. Energy iShares US Energy ETF (IYE) and the Energy Select Sector SPDR (XLE)...
Environment >
Technology >
Personal Finance >
Politics >
Retail >
Business >
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,...
Karooooo Fiscal Q1 Earnings, Revenue Rise
Karooooo Fiscal Q1 Earnings, Revenue Rise
Jul 22, 2025
04:56 PM EDT, 07/22/2025 (MT Newswires) -- Karooooo ( KARO ) reported fiscal Q1 earnings late Tuesday of 8.55 rand ($0.49) per diluted share, up from 7.17 rand a year earlier. Three analysts polled by FactSet expected 7.57 rand. Revenue in the three months ended May 31 rose to 1.28 billion rand, up from 1.08 billion rand a year earlier....
Orrstown Financial Services Q2 Adjusted EPS, Revenue Increase
Orrstown Financial Services Q2 Adjusted EPS, Revenue Increase
Jul 22, 2025
04:56 PM EDT, 07/22/2025 (MT Newswires) -- Orrstown Financial Services ( ORRF ) reported Q2 adjusted earnings Tuesday of $1.04 per diluted share, up from $0.83 a year earlier. Analysts polled by FactSet expected $0.98. Revenue for the quarter, expressed as the sum of net interest income and total noninterest income, was $62.4 million, up from $33.3 million a year...
Insurer Chubb's second-quarter profit rises on strong underwriting business, investment income
Insurer Chubb's second-quarter profit rises on strong underwriting business, investment income
Jul 22, 2025
July 22 (Reuters) - Insurance company Chubb reported a rise in second-quarter profit on Tuesday, helped by improved underwriting performance and investment returns. Macroeconomic volatility and the unpredictable impact of severe weather events, particularly wildfires and hurricanes, have sustained demand for risk mitigation offered by insurance products. Stronger underwriting reflects an insurer's ability to price risk effectively, bolstering profits despite...
Economy >
Cryptocurrency >
Former Alameda Research CEO Caroline Ellison’s Attorneys Seek Leniency Ahead of Sentencing
Former Alameda Research CEO Caroline Ellison’s Attorneys Seek Leniency Ahead of Sentencing
Sep 11, 2024
According to a late Tuesday filing from her lawyers, Caroline Ellison, the former CEO of Alameda Research, should be sentenced to time served and supervised release. The request comes ahead of her scheduled sentencing on September 24, 2024, for her involvement in the collapse of the cryptocurrency exchange FTX. Extraordinary Cooperation In the Tuesday filing, her legal team emphasized Ellisons...
Ripple CLO Criticizes US Regulators for Using Crypto as Scapegoat in Money Laundering Scandals
Ripple CLO Criticizes US Regulators for Using Crypto as Scapegoat in Money Laundering Scandals
Sep 11, 2024
Ripple Labs’ Chief Legal Officer, Stuart Alderoty, has slammed U.S. regulators for unfairly targeting the cryptocurrency industry in money laundering investigations while allowing traditional banks to slip under the radar. In a recent X post, Alderoty pointed to the New York Federal Reserve’s reported role in enabling large-scale illicit transfers, including those tied to terrorist groups, as evidence that crypto...
Brazil’s Nubank Suspends Trading of its Cryptocurrency Nucoin
Brazil’s Nubank Suspends Trading of its Cryptocurrency Nucoin
Sep 11, 2024
Fintech bank Nubank has announced the suspension of trading for its cryptocurrency, Nucoin. This comes against a backdrop of scrutiny over the bank’s financial stability. Nubank’s Policy Change In a September 10 blog post, Nubank disclosed that effective immediately, Nucoin can no longer be bought or sold within its app. The cryptocurrency was launched in late 2022 on the Polygon blockchain...
Bitcoin Hash Rate Hits A New All
Bitcoin Hash Rate Hits A New All
Sep 11, 2024
Bitcoin’s price may not look exciting this month, but the network’s total hash rate has returned to logging regular new all-time highs. The divergence between security and price is a sign that Bitcoin mining firms are happy to continue installing new computer hardware, even amid uncertain business/ market conditions. Bitcoin’s Unrelenting Hash Rate According to on-chain analytics firm Glassnode, miner...
Forex >
Copyright 2023-2025 - www.financetom.com All Rights Reserved