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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.
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...
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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Equity Markets Mixed Intraday After Jobs Report
Equity Markets Mixed Intraday After Jobs Report
Jul 5, 2024
01:46 PM EDT, 07/05/2024 (MT Newswires) -- US benchmark equity indexes were mixed intraday after official data showed the economy added more jobs than expected in June. The Nasdaq Composite was up 0.7% at 18,314.4 after midday Friday, while the S&P 500 gained 0.3% to 5,555.1. The Dow Jones Industrial Average fell 0.1% to 39,273. Among sectors, communication services led...
Sector Update: Tech Stocks Rise Friday Afternoon
Sector Update: Tech Stocks Rise Friday Afternoon
Jul 5, 2024
01:51 PM EDT, 07/05/2024 (MT Newswires) -- Tech stocks were higher Friday afternoon, with the Technology Select Sector SPDR Fund (XLK) and the SPDR S&P Semiconductor ETF (XSD) each adding 0.6%. The Philadelphia Semiconductor index gained 0.5%. In corporate news, Nvidia ( NVDA ) faces a huge bottleneck in its artificial intelligence chips, and regulators are still deciding on any...
Sector Update: Health Care
Sector Update: Health Care
Jul 5, 2024
01:40 PM EDT, 07/05/2024 (MT Newswires) -- Health care stocks were rising Friday afternoon, with the NYSE Health Care Index adding 0.5% and the Health Care Select Sector SPDR Fund (XLV) up 0.4%. The iShares Biotechnology ETF (IBB) advanced 0.4%. In corporate news, Enhabit's ( EHAB ) board faces a proxy fight from shareholder Arex Capital Management, which said Friday...
Sector Update: Financial Stocks Slipping Friday Afternoon
Sector Update: Financial Stocks Slipping Friday Afternoon
Jul 5, 2024
01:46 PM EDT, 07/05/2024 (MT Newswires) -- Financial stocks fell in Friday afternoon trading with the NYSE Financial Index down 0.5% and the Financial Select Sector SPDR Fund (XLF) shedding 0.2%. The Philadelphia Housing Index dropped 1%, and the Real Estate Select Sector SPDR Fund (XLRE) rose 0.4%. Bitcoin (BTC-USD) declined 0.5% to $56,756, and the yield for 10-year US...
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Performance Comparison: Micron Technology And Competitors In Semiconductors & Semiconductor Equipment Industry
Performance Comparison: Micron Technology And Competitors In Semiconductors & Semiconductor Equipment Industry
Oct 10, 2024
In today's rapidly changing and fiercely competitive business landscape, it is essential for investors and industry enthusiasts to thoroughly analyze companies. In this article, we will conduct a comprehensive industry comparison, evaluating Micron Technology ( MU ) against its key competitors in the Semiconductors & Semiconductor Equipment industry. By examining key financial metrics, market position, and growth prospects, we aim...
AMD kicks off San Francisco event with new server chips
AMD kicks off San Francisco event with new server chips
Oct 10, 2024
SAN FRANCISCO, Oct 10 (Reuters) - Advanced Micro Devices ( AMD ) unveiled new server chips at an event in San Francisco on Thursday ahead of the expected launch of its latest artificial-intelligence processors, as it seeks to beef up its AI chips in a market dominated by Nvidia ( NVDA ). The company announced the availability of a new...
Analyst Scoreboard: 4 Ratings For MARA Holdings
Analyst Scoreboard: 4 Ratings For MARA Holdings
Oct 10, 2024
MARA Holdings ( MARA ) underwent analysis by 4 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish. The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 1...
Peeling Back The Layers: Exploring Synaptics Through Analyst Insights
Peeling Back The Layers: Exploring Synaptics Through Analyst Insights
Oct 9, 2024
Across the recent three months, 5 analysts have shared their insights on Synaptics ( SYNA ) , expressing a variety of opinions spanning from bullish to bearish. The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total...
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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.
This sustainable jewellery brand is luring some women away from gold
This sustainable jewellery brand is luring some women away from gold
Oct 30, 2023
Aulerth's offerings range from ₹5,000 to as high as ₹2.8 lakh. Are women willing to spend this much on jewellery made from scrap? Founder and CEO Vivek Ramabhadran definitely believes so. Aulerth produces couture-inspired pieces in association with designers like JJ Valaya, Suneet Varma, among others. It has reported 33% repeat customers in the past year and expects a spike to 40% soon.
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.
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Cryptocurrency >
ETH Increases Toward $3.5K, Erases Much of Earlier Losses (Ethereum Price Analysis)
ETH Increases Toward $3.5K, Erases Much of Earlier Losses (Ethereum Price Analysis)
Jun 27, 2024
After a bearish correction phase, the price has now reached a crucial support zone, defined by the 100-day moving average and the 0.5-0.618 Fibonacci levels. Given the strong demand at this juncture, a mid-term bullish rebound is looking likely. Technical Analysis By Shayan The Daily Chart A detailed examination of the daily chart reveals that Ethereum has entered a significant...
SOL Price Skyrockets 7% in Minutes as VanEck Files for Solana ETF in the US
SOL Price Skyrockets 7% in Minutes as VanEck Files for Solana ETF in the US
Jun 27, 2024
Cryptocurrency-based exchange-traded funds continue to be on the main stage in the US, with the latest filing from VanEck taking into account the fifth-largest digital asset Solana. Shortly after the news broke, the native tokens price shot up by 7% to $150. Matthew Sigel, the companys Head of Digital Assets Research, highlighted the development on X. He noted that the...
Spot Ethereum ETFs Could Launch Next Week, Minor Issues Remain: Report
Spot Ethereum ETFs Could Launch Next Week, Minor Issues Remain: Report
Jun 27, 2024
The US Securities and Exchange Commission (SEC) might approve the latest tweaks about the spot Ethereum ETFs by July 4, as discussions between asset managers and regulators reach their final stages. While speaking to several industry insiders, Reuters observed that eight asset managers, including BlackRock, Franklin Templeton, and Grayscale Investments, are closing in on the final stages. Many of these...
Coinbase Files Suits Against SEC, FDIC Over Compliance With Crypto Information Requests
Coinbase Files Suits Against SEC, FDIC Over Compliance With Crypto Information Requests
Jun 27, 2024
The largest United States cryptocurrency exchange, Coinbase, has filed lawsuits against the Securities and Exchange Commission (SEC) and the Federal Deposit Insurance Corporation (FDIC) for failing to comply with information requests in closed crypto cases. According to filings at the United States District Court for the District of Columbia, Coinbase seeks to compel the SEC and FDIC to comply with...
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