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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.
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...
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...
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Sector Update: Energy Stocks Advance Pre-Bell Wednesday
Sector Update: Energy Stocks Advance Pre-Bell Wednesday
Oct 15, 2025
09:21 AM EDT, 10/15/2025 (MT Newswires) -- Energy stocks were advancing pre-bell Wednesday, with the Energy Select Sector SPDR Fund ( XLE ) 0.9% higher. The United States Oil Fund ( USO ) was up 1.2% and the United States Natural Gas Fund ( UNG ) was 1% lower. Front-month US West Texas Intermediate crude oil was 0.9% higher at...
Sector Update: Financial
Sector Update: Financial
Oct 15, 2025
09:00 AM EDT, 10/15/2025 (MT Newswires) -- Financial stocks were edging higher premarket Wednesday, with The Financial Select Sector SPDR Fund (XLF) advancing by 0.8%. The Direxion Daily Financial Bull 3X Shares (FAS) was up 2.2% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 2% lower. Bank of America ( BAC ) stock was up more...
Sector Update: Tech
Sector Update: Tech
Oct 15, 2025
08:57 AM EDT, 10/15/2025 (MT Newswires) -- Technology stocks were rising pre-bell Wednesday, with The Technology Select Sector SPDR Fund (XLK) up 1.4% and the SPDR S&P Semiconductor ETF (XSD) 2.2% higher. ASML Holding ( ASML ) stock was up more than 4% after the company reported higher fiscal Q3 earnings and net sales. ...
Sector Update: Health Care
Sector Update: Health Care
Oct 15, 2025
08:59 AM EDT, 10/15/2025 (MT Newswires) -- Health care stocks were mixed premarket Wednesday, with the Health Care Select Sector SPDR Fund (XLV) down 0.1% and the iShares Biotechnology ETF (IBB) 0.7% higher. Abbott Laboratories ( ABT ) shares were down nearly 4% after the company reported Q3 net sales that missed analysts' estimates and cut the top end of...
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Molson Coors Acquires Majority Stake in ZOA Energy Drink Brand
Molson Coors Acquires Majority Stake in ZOA Energy Drink Brand
Nov 9, 2024
10:50 AM EST, 11/07/2024 (MT Newswires) -- Molson Coors Beverage ( TAP/A ) said Thursday it has acquired a majority ownership in the ZOA energy drink brand co-founded by entertainer and former professional wrestler Dwayne The Rock Johnson. The companies initially began their partnership when the ZOA brand launched in 2021, and Molson Coors ( TAP/A ) said it previously...
Alcoa suspends bauxite shipments from Brazil's Juruti mine due to port issue
Alcoa suspends bauxite shipments from Brazil's Juruti mine due to port issue
Nov 9, 2024
LONDON, Nov 7 (Reuters) - U.S. aluminium maker Alcoa ( AA ) said on Thursday it had halted bauxite shipments from Brazil's Juruti port due to a stranded vessel in the waterway. This was the latest in a series of disruptions to hit the aluminium raw material supply chain, which have pushed alumina prices to record highs and supported aluminium...
RBC Reviews Manulife Financial's Q3
RBC Reviews Manulife Financial's Q3
Nov 9, 2024
10:51 AM EST, 11/07/2024 (MT Newswires) -- Manulife Financial's ( MFC ) third-quarter core EPS of $1.00 was above RBC's estimate of $0.90 and consensus of $0.94. Core earnings and EPS benefited from $70 million of tax benefits in the quarter or about $0.04 per share, notes RBC analyst Darko Mihelic. MFC's core EPS was higher than we expected, but...
Volaris Reports Lower Passenger Demand, Capacity for October
Volaris Reports Lower Passenger Demand, Capacity for October
Nov 9, 2024
10:51 AM EST, 11/07/2024 (MT Newswires) -- Volaris (VLRS) said Thursday that its passenger demand, measured as revenue passenger miles, fell 9% in October to 2.51 billion from 2.76 billion a year earlier. Capacity for the month, measured as available seat miles, dropped 6.8% to 2.87 billion from 3.08 billion a year earlier, the low-cost carrier said. The company said...
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Key Shiba Inu Metrics Skyrocket Today: SHIB Price Rally Incoming?
Key Shiba Inu Metrics Skyrocket Today: SHIB Price Rally Incoming?
Jul 30, 2024
TL;DR Shiba Inus price dipped by 3% daily, but the increase of some important indicators part of the ecosystem suggest a potential rally. Some analysts predict a bullish future for the meme coin based on technical indicators like the RSI, while others foresee a bearish outcome. The Indicators Explosion The cryptocurrency market plunged substantially in the last 24 hours following...
Ethereum Price Analysis: ETH Drops to $3.3K but is More Pain Imminent?
Ethereum Price Analysis: ETH Drops to $3.3K but is More Pain Imminent?
Jul 30, 2024
Ethereum’s price is currently trapped inside a significant tight range, bounded by the 100-day moving average of $3364 and the 200-day moving average of $3212. A breakout from this range will determine its upcoming trajectory. Technical Analysis By Shayan The Daily Chart A close examination of Ethereums daily chart reveals that following a rejection near the crucial $3.5K resistance region,...
Bitcoin Price Analysis: How Deep Can This Correction Go as BTC Dips Below $66K?
Bitcoin Price Analysis: How Deep Can This Correction Go as BTC Dips Below $66K?
Jul 30, 2024
Following an impulsive rally, Bitcoin lost its bullish momentum upon reaching the $70K threshold, indicating the presence of sellers in the market. Nevertheless, considering that the price is hovering above the crucial 100-day MA, the continuation of the consolidation stage seems possible in the short term before initiating the next move. Technical Analysis By Shayan The Daily Chart A detailed...
SEC Plans to Amend Binance Complaint, Avoiding Ruling on Third
SEC Plans to Amend Binance Complaint, Avoiding Ruling on Third
Jul 30, 2024
The US Securities and Exchange Commission (SEC) plans to amend its original complaint against Binance, which might eliminate the need for the court to decide on tokens that were previously classified as securities. The joint filing comes amid increased efforts by presidential candidates to attract pro-crypto voters in the United States. SEC Moves to Amend Complaint The SECs filing on...
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