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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...
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.
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.
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...
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Gold Rises Early Friday on Fresh Hopes for a December Rate Cut From the Federal Reserve
Gold Rises Early Friday on Fresh Hopes for a December Rate Cut From the Federal Reserve
Nov 21, 2025
09:09 AM EST, 11/21/2025 (MT Newswires) -- Gold traded higher early on Friday on revived hopes around a December interest rate cut from the Federal Reserve after a bullish U.S. jobs report. Gold for December delivery was last seen up US$14.50 to US$4,074.50 per ounce. The price of the metal has failed to retest its Oct. 20 record high of...
Rate Cut Hopes Lift US Equity Futures Pre-Bell
Rate Cut Hopes Lift US Equity Futures Pre-Bell
Nov 21, 2025
09:10 AM EST, 11/21/2025 (MT Newswires) -- US equity futures were up ahead of Friday's opening bell, rebounding from losses from the previous session, after a Federal Reserve official fueled rate cut hopes. Dow Jones Industrial Average futures were 0.6% higher, S&P 500 futures were up 0.6%, and Nasdaq futures were 0.5% higher. In a prepared speech for the Central...
Sector Update: Financial
Sector Update: Financial
Nov 21, 2025
09:00 AM EST, 11/21/2025 (MT Newswires) -- Financial stocks were advancing premarket Friday, with the Financial Select Sector SPDR Fund (XLF) 0.7% higher. The Direxion Daily Financial Bull 3X Shares (FAS) was up 2.3% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 2.1% lower. White Mountains Insurance ( WTM ) stock was up more than 4%...
Wall St set for higher open as December rate cut bets strengthen
Wall St set for higher open as December rate cut bets strengthen
Nov 21, 2025
(Reuters) -Wall Street's main indexes were set for a higher open on Friday as traders ramped up bets on a December interest rate cut by the Federal Reserve following commentary from policymakers, with tech stocks stabilizing after last session's rout. New York Fed President John Williams - a voting member of the Federal Open Market Committee - said the central...
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Aura Minerals Outlook Upgraded to Positive by S&P Global Ratings
Aura Minerals Outlook Upgraded to Positive by S&P Global Ratings
Jul 22, 2025
07:19 AM EDT, 07/22/2025 (MT Newswires) -- Aura Minerals ( AUGO ) , which rose more than 3% on Monday, said overnight that S&P Global Ratings upgraded the company's credit ratings outlook to positive from stable. The rating agency affirmed the company's B+ long-term issuer credit rating. According to S&P, the upgraded outlook reflects Aura's U.S. listing as it should...
Market Chatter: Hewlett Packard Awarded $944 Million from Mike Lynch Estate in Autonomy Fraud Case
Market Chatter: Hewlett Packard Awarded $944 Million from Mike Lynch Estate in Autonomy Fraud Case
Jul 22, 2025
07:20 AM EDT, 07/22/2025 (MT Newswires) -- Hewlett Packard Enterprise ( HPE ) is owed more than 700 million pounds ($944 million) from the estate of the late Mike Lynch and his former business partner, following a London High Court ruling related to its acquisition of British software firm Autonomy, Reuters reported Tuesday, citing the judge's decision. The ruling covers...
Philip Morris' Q2 Adjusted Earnings, Revenue Rise; Q3, Full-Year 2025 Guidance Issued
Philip Morris' Q2 Adjusted Earnings, Revenue Rise; Q3, Full-Year 2025 Guidance Issued
Jul 22, 2025
07:21 AM EDT, 07/22/2025 (MT Newswires) -- Philip Morris International ( PM ) reported Q2 adjusted earnings Tuesday of $1.91 per diluted share, up from $1.59 a year earlier. Analysts polled by FactSet expected $1.86. Revenue for the quarter ended June 30 was $10.14 billion, up from $9.47 billion a year earlier. Analysts surveyed by FactSet expected $10.32 billion. The...
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,...
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BitGo Launches Support for Bitcoin L2 Stacks and sBTC
BitGo Launches Support for Bitcoin L2 Stacks and sBTC
Jul 18, 2024
Digital asset services infrastructure provider BitGo has launched support for the Bitcoin layer2 network Stacks and its new token standard, sBTC, to enhance BTCs functionality with stacking capabilities. According to a press release sent to CryptoPotato, BitGo will join the Stacks network as a Signer, contributing to blockchain consensus and block production. BitGo Integrates Support for Stacks The alliance between...
Spot Ethereum ETF Race Intensifies as Issuers Prepare for Imminent Launch
Spot Ethereum ETF Race Intensifies as Issuers Prepare for Imminent Launch
Jul 18, 2024
ETF issuers are making their final preparations to launch spot Ethereum-based products in the United States next week. On July 18, ETF Store president Nate Geraci noted that the final S-1s were in from prospective spot ETH ETF issuers. The Form S-1 is the initial registration form for new securities required by the SEC for public companies. Two months ago, “just...
Charles Hoskinson Warns: Biden Victory Equals Demise for US Crypto Sector
Charles Hoskinson Warns: Biden Victory Equals Demise for US Crypto Sector
Jul 18, 2024
Charles Hoskinson, the co-founder of Input Output Global (IOG) and the Cardano blockchain platform, believes that re-electing President Joe Biden is a vote for the death of the American crypto industry. While strongly refuting Ethereum co-founder Vitalik Buterins stance on political engagement, Hoskinson advocated for a more aggressive approach to safeguarding the industry while simultaneously emphasizing that the primary goal...
Ethereum Price Analysis: Is $3.7K Realistic for ETH or is a Correction to $3K Coming?
Ethereum Price Analysis: Is $3.7K Realistic for ETH or is a Correction to $3K Coming?
Jul 18, 2024
Following a revival in buying interest and demand, Ethereums price has surged, reclaiming the 100 and 200-day moving averages. This price action suggests a shift towards a potential rally, with buyers targeting a new yearly high in the mid-term. Technical Analysis By Shayan The Daily Chart A detailed analysis of Ethereum’s daily chart reveals that after a notable increase in...
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