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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...
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...
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.
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.
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Sector Update: Energy
Sector Update: Energy
Dec 12, 2024
01:28 PM EST, 12/12/2024 (MT Newswires) -- Energy stocks were lower Thursday afternoon, with the NYSE Energy Sector Index decreasing 0.6% and the Energy Select Sector SPDR Fund (XLE) down 0.4%. The Philadelphia Oil Service Sector index dropped 1.4%, and the Dow Jones US Utilities index was adding 0.4%. Front-month West Texas Intermediate crude oil was rising 0.2% to $70.46...
Sector Update: Consumer Stocks Mixed in Afternoon Trading
Sector Update: Consumer Stocks Mixed in Afternoon Trading
Dec 12, 2024
01:41 PM EST, 12/12/2024 (MT Newswires) -- Consumer stocks were mixed Thursday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 0.4% and the Consumer Discretionary Select Sector SPDR Fund (XLY) shedding 0.3%. In corporate news, Warner Bros. Discovery ( WBD ) on Thursday disclosed a new corporate structure aimed at unlocking additional shareholder value amid an evolving...
Sector Update: Energy Stocks Decline in Thursday Afternoon Trading
Sector Update: Energy Stocks Decline in Thursday Afternoon Trading
Dec 12, 2024
01:40 PM EST, 12/12/2024 (MT Newswires) -- Energy stocks were lower Thursday afternoon, with the NYSE Energy Sector Index decreasing 0.6% and the Energy Select Sector SPDR Fund (XLE) down 0.4%. The Philadelphia Oil Service Sector index dropped 1.4%, while the Dow Jones US Utilities index was adding 0.4%. Front-month West Texas Intermediate crude oil was rising 0.2% to $70.46...
Sector Update: Financial
Sector Update: Financial
Dec 12, 2024
01:34 PM EST, 12/12/2024 (MT Newswires) -- Financial stocks were edging down in Thursday afternoon trading, with the NYSE Financial Index shedding 0.2% and the Financial Select Sector SPDR Fund (XLF) easing 0.1%. The Philadelphia Housing Index shed 0.7%, and the Real Estate Select Sector SPDR Fund (XLRE) was adding 0.2%. Bitcoin (BTC-USD) was increasing 1.2% to $101,605, and the...
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How Zara and H&M are trying to clean up fast fashion's messy carbon footprint — are they serious about it
How Zara and H&M are trying to clean up fast fashion's messy carbon footprint — are they serious about it
Sep 18, 2023
Fast fashion retailer H&M is all set to sell second-hand clothes at its Regent Street flagship store in UK from October — offering items that are 'ready to be loved again.' Zara also recently launched its online second-hand service in France, having trialled it in Britain since November last year. But are these 'green initiatives' for real, or just some more greenwashing? CNBC TV18 gives a macro view.
SJVN secures 200-MW wind power project at ₹3.24 per unit
SJVN secures 200-MW wind power project at ₹3.24 per unit
Nov 16, 2023
Projected to generate 482 million units in its inaugural year post-commissioning, the cumulative energy generation over a 25-year span is anticipated to reach 12,050 million units. Shares of SJVN Ltd ended at ₹75.17, down by ₹0.50, or 0.66%, on the BSE.
Suzlon's S144–3 MW wind turbines get big boost from Indian government
Suzlon's S144–3 MW wind turbines get big boost from Indian government
Nov 15, 2023
Th Suzlon wind turbines received the RLMM (Revised List of Models & Manufacturers) listing from the Ministry of New and Renewable Energy, marking an important milestone for the successful commercialisation of the product. Shares of Suzlon Energy Ltd ended at ₹40.49, up by ₹1.85, or 4.79%, on the BSE.
Tata Power Renewable Energy wins 200-MW project in collaboration with SJVN
Tata Power Renewable Energy wins 200-MW project in collaboration with SJVN
Nov 28, 2023
The firm and dispatchable renewable energy (FDRE) project, designed with a hybrid of solar, wind, and battery storage, is aimed at providing a stable and dispatchable energy supply during peak hours. Shares of Tata Power Company Ltd ended at ₹270.75, up by ₹12.60, or 4.88%, on the BSE.
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Here’s How Much Shiba Inu (SHIB) and Ripple (XRP) Binance Currently Holds
Here’s How Much Shiba Inu (SHIB) and Ripple (XRP) Binance Currently Holds
Apr 10, 2024
TL;DR Binances latest Proof-of-Reserve (PoR) report verifies that it maintains a 1:1 coverage for all users assets, with significant holdings in SHIB, BTC, and XRP. The PoR system, introduced post-FTX crash, aims to enhance transparency and trust by confirming the existence and proper accounting of users funds. The worlds largest cryptocurrency exchange released its latest Proof-of-Reserve (PoR) report, displaying evidence...
USDT Weekly Transaction Volume on Tron 2x Higher Than on Ethereum: ITB
USDT Weekly Transaction Volume on Tron 2x Higher Than on Ethereum: ITB
Apr 10, 2024
The weekly transaction volume of Tether (USDT) on Tron hit $110 billion in the first week of April, signaling heightened stablecoin activity on the network. According to a tweet by IntoTheBlock, Tether’s latest milestone on Tron was 2x the amount the stablecoin settled on Ethereum. This indicates that Tron has maintained its position as the leading network for USDT transactions....
$300M Liquidated Amid BTC’s Rollecoaster After the US CPI Announcement
$300M Liquidated Amid BTC’s Rollecoaster After the US CPI Announcement
Apr 10, 2024
Price fluctuations for Bitcoin and the entire crypto market propelled by US CPI announcements had disappeared in recent months, but that trend changed earlier today. After the worlds largest economy showed a higher-than-expected inflation increase, BTC went on a wild ride in hours, leaving nearly $300 million in liquidations. The Consumer Price Index for March showed an increase of 3.5%...
Bitcoin’s Drop Below $69K Sparks Initial Panic, But Hope Emerges for Rebound: Data
Bitcoin’s Drop Below $69K Sparks Initial Panic, But Hope Emerges for Rebound: Data
Apr 10, 2024
Bitcoin continued to be choppy as its price briefly dipped below $69,000. What followed was panic from market players. However, data suggest that this sentiment could potentially prove beneficial for a much-needed rebound in Bitcoins price. Buying Opportunities Emerge Bitcoin surged to a record peak above $73,700 on March 14, driven by heightened purchasing activity following the approval of the...
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