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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.
Citibank wins lawsuit against fired analyst who expensed his partner’s meals to the company and then claimed he ate two of everything
Citibank wins lawsuit against fired analyst who expensed his partner’s meals to the company and then claimed he ate two of everything
Jan 15, 2024
  Former Citibank Analyst's Unfair Dismissal Claim Rejected   Employee Lied About Food Expenses  A former Citibank analyst, Szabolcs Fekete, has lost his claim of unfair dismissal after a tribunal discovered he had lied about buying food for his partner and charging it to his employer.   Fekete, who was a senior analyst, claimed he had been both wrongfully and unfairly dismissed by Citibank....
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.
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Deere, GE HealthCare And 3 Stocks To Watch Heading Into Thursday
Deere, GE HealthCare And 3 Stocks To Watch Heading Into Thursday
Feb 12, 2025
With U.S. stock futures trading higher this morning on Thursday, some of the stocks that may grab investor focus today are as follows: Wall Street expects Deere & Company ( DE ) to report quarterly earnings at $3.11 per share on revenue of $7.70 billion before the opening bell, according to data from Benzinga Pro. Deere shares fell 0.1% to...
US STOCKS-Futures jittery after Trump's latest tariff threat; inflation data awaited
US STOCKS-Futures jittery after Trump's latest tariff threat; inflation data awaited
Feb 13, 2025
(For a Reuters live blog on U.S., UK and European stock markets, click/ or type LIVE/ in a news window.) * Trade Desk ( TTD ) falls on downbeat Q1 revenue forecast * Deere falls after missing quarterly revenue estimates * Monthly PPI report due at 8:30 a.m. ET * Futures: Dow up 0.03%, S&P 500 down 0.08%, Nasdaq down...
US STOCKS-Futures subdued as markets await monthly producer price data
US STOCKS-Futures subdued as markets await monthly producer price data
Feb 13, 2025
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Futures: Dow down 0.03%, S&P 500 down 0.02%, Nasdaq up 0.11% Feb 13 (Reuters) - U.S. stock futures steadied on Thursday as investors awaited PPI data to gauge the Federal Reserve's interest-rate path after the previous day's inflation shock,...
Social Buzz: Wallstreetbets Stocks Mixed Premarket Thursday; AppLovin, Robinhood Markets to Open Higher
Social Buzz: Wallstreetbets Stocks Mixed Premarket Thursday; AppLovin, Robinhood Markets to Open Higher
Feb 13, 2025
07:04 AM EST, 02/13/2025 (MT Newswires) -- The most-talked-about stocks in the Reddit ( RDDT ) subforum Wallstreetbets were mixed hours ahead of Thursday's opening bell. AppLovin ( APP ) shares rose by 23.9% in premarket hours, after a 1.4% increase from the previous session. AppLovin ( APP ) reported higher Q4 net income and revenue. Robinhood Markets ( HOOD...
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Deals of the day-Mergers and acquisitions
Deals of the day-Mergers and acquisitions
Aug 7, 2024
Aug 7 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Wednesday: ** U.S. private equity firm KKR&Co ( KKR ) plans to help Japan's Fuji Soft go private under a management buyout worth about $4.09 billion, the Nikkei website said. ** British ad group WPP ( WPP ) is selling its controlling stake...
Entegris inks supply deal with chipmaker ON Semiconductor
Entegris inks supply deal with chipmaker ON Semiconductor
Aug 7, 2024
Aug 7 (Reuters) - Industrial materials maker Entegris Inc ( ENTG ) said on Wednesday it has entered into a long-term supply agreement with chipmaker ON Semiconductor to provide technological solutions to help manufacture silicon carbide (SiC)-based semiconductors. WHY IT'S IMPORTANT The surge in adoption of artificial intelligence applications has thrust semiconductor manufacturers into the spotlight. Chipmakers are among the...
Belgium's imec reports breakthroughs with new ASML chip printing machine
Belgium's imec reports breakthroughs with new ASML chip printing machine
Aug 7, 2024
AMSTERDAM (Reuters) - Belgium's imec, one of the world's top semiconductor R&D firms, on Wednesday reported several computer chip-making breakthroughs at a joint laboratory it operates with ASML, using the Dutch company's newest 350 million euro ($382 million) chip printing machine. imec said it had successfully printed circuitry as small or smaller than the best currently in commercial production, for...
Super Micro slides after margin, profit forecasts disappoint
Super Micro slides after margin, profit forecasts disappoint
Aug 7, 2024
(Reuters) - Super Micro Computer ( SMCI ) shares tumbled 12.3% in premarket trading on Wednesday as concerns over the high cost of producing AI server chips weighing on its profit forecast, eclipsing upbeat sales forecasts. The company's fourth-quarter adjusted gross margin was 11.3%, compared with analysts' average estimate of 14.1%, according to LSEG data, as Super Micro grappled with...
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ANZ Comments on The Economic Ties Between Hong Kong, Australia
ANZ Comments on The Economic Ties Between Hong Kong, Australia
Aug 29, 2024
06:32 AM EDT, 08/28/2024 (MT Newswires) -- Hong Kong plays an intermediary role in broader Australia-China economic ties and acts as a conduit for offshore transactions, said ANZ Bank. Gold alone accounted for 79% of Hong Kong's imports from Australia in Q2 2024, wrote the bank in a note to clients. Other items of interest are seafood, wine and education...
Lyft Launches Rider Verification Pilot Program to Improve Security Measures
Lyft Launches Rider Verification Pilot Program to Improve Security Measures
Aug 29, 2024
06:30 AM EDT, 08/28/2024 (MT Newswires) -- Lyft ( LYFT ) on Tuesday said that it is introducing a new rider verification pilot program to help drivers verify riders' identities to improve security measures. The program has been rolled out in nine cities including Atlanta, Chicago, Denver, Detroit, Houston, Jacksonville, Miami, Phoenix and Seattle. To verify a rider, the company...
Gran Tierra Reaches Agreement on Takeover Offer for i3 Energy
Gran Tierra Reaches Agreement on Takeover Offer for i3 Energy
Aug 29, 2024
06:30 AM EDT, 08/28/2024 (MT Newswires) -- Gran Tierra Energy ( GTE ) late on Tuesday said its board and the board of i3 Energy ( ITEEF ) reached agreement on the terms of a cash and share offer by Gran Tierra to acquire all i3 Energy ( ITEEF ). The companies said they have obtained an advance ruling certificate...
Vizsla Silver Reports Drill Results Confirming High-Grade Mineral Continuity at Copala Area in Mexico
Vizsla Silver Reports Drill Results Confirming High-Grade Mineral Continuity at Copala Area in Mexico
Aug 29, 2024
06:58 AM EDT, 08/28/2024 (MT Newswires) -- Vizsla Silver ( VZLA ) on Wednesday reported drill results from the Copala resource area at the Panuco silver-gold project in Mexico that confirmed high-grade mineral continuity where initial mining is likely to occur in the first two years of production. Highlights of the results include 6,270 grams per tonne (g/t) silver equivalent...
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US DOJ Arrests ‘Bitcoin Jesus’ Roger Ver for $50M Tax Evasion
US DOJ Arrests ‘Bitcoin Jesus’ Roger Ver for $50M Tax Evasion
May 1, 2024
The United States Department of Justice (DOJ) has charged and arrested Roger Ver, an early BTC investor known as Bitcoin Jesus, for evading taxes of up to $50 million. According to an official release, the DOJ unsealed the indictment against Ver on April 29 and ordered his arrest in Spain during the weekend. U.S. DOJ Charges Ver for Tax Evasion...
BTC Bull Run Paused Following the Crash to $57K or Healthy Correction? (Bitcoin Price Analysis)
BTC Bull Run Paused Following the Crash to $57K or Healthy Correction? (Bitcoin Price Analysis)
May 1, 2024
Bitcoin’s price has been consolidating above $60K over the last few months. Yet, the price has broken below the level today, and investors are in a state of panic, wondering if the bull market is over. Technical Analysis By TradingRage The Daily Chart On the daily chart, the price has created a large descending channel pattern since March. Yet, it...
Polkadot Price Analysis: DOT Tumbles 7% Weekly but the Bulls May Be Staging a Comeback
Polkadot Price Analysis: DOT Tumbles 7% Weekly but the Bulls May Be Staging a Comeback
May 1, 2024
Polkadot’s price has been dropping rapidly over the last couple of months and is yet to show any sign of slowing down. However, the cryptocurrency might soon begin a bullish rebound. Technical Analysis By TradingRage The Daily Chart On the daily chart, the price has been on an aggressive decline since a rejection from the $12 resistance level. The market...
Fed Keeps Rates Steady, Grows Cautious on Inflation; Gold, USD, Yields Await Powell
Fed Keeps Rates Steady, Grows Cautious on Inflation; Gold, USD, Yields Await Powell
May 1, 2024
FOMC DECISION – APRIL 30- MAY 1 MEETING Most Read: SP 500 Trade Setup - Bearish Reversal in Play ahead of Confluence Resistance The Federal Reserve on Wednesday kept borrowing costs unchanged in a range of 5.25% to 5.50% after ending its April 30-May 1 gathering, just as expected. The decision to stand pat for the sixth straight meeting, taken...
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