financetom
News
World
Environment
Technology
Politics
Retail
Business
Economy
Market summary >
Editors' picks >
News >
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....
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...
World >
Market >
Why Are Albemarle Shares Trading Lower Tuesday?
Why Are Albemarle Shares Trading Lower Tuesday?
Jul 9, 2024
Albemarle Corporation ( ALB ) shares are trading lower Tuesday after recent analyst actions. Baird maintained an Outperform rating on Albemarle but significantly lowered its price target from $170 to $127. Additionally, Oppenheimer also maintained an Outperform rating on the stock but trimmed its price target to $178 from $188 to reflect spot price movements, with index contracts likely to...
Sector Update: Energy
Sector Update: Energy
Jul 9, 2024
03:27 PM EDT, 07/09/2024 (MT Newswires) -- Energy stocks were lower late Tuesday afternoon, with the NYSE Energy Sector Index down 0.7% and the Energy Select Sector SPDR Fund (XLE) shedding 0.6%. The Philadelphia Oil Service Sector index was posting a 0.9% drop, while the Dow Jones US Utilities index was adding 0.2%. Front-month West Texas Intermediate crude oil fell...
Sector Update: Energy Stocks Retreat in Late Afternoon Trading
Sector Update: Energy Stocks Retreat in Late Afternoon Trading
Jul 9, 2024
03:41 PM EDT, 07/09/2024 (MT Newswires) -- Energy stocks were lower late Tuesday afternoon, with the NYSE Energy Sector Index down 0.7% and the Energy Select Sector SPDR Fund (XLE) shedding 0.6%. The Philadelphia Oil Service Sector index was posting a 0.9% drop, while the Dow Jones US Utilities index was adding 0.2%. Front-month West Texas Intermediate crude oil fell...
Sector Update: Tech
Sector Update: Tech
Jul 9, 2024
03:32 PM EDT, 07/09/2024 (MT Newswires) -- Tech stocks were retreating late Tuesday afternoon with the Technology Select Sector SPDR Fund (XLK) declining 0.3% and the SPDR S&P Semiconductor ETF (XSD) down 0.5%. The Philadelphia Semiconductor index shed 0.3%. In corporate news, Meta Platforms ( META ) said Tuesday it will remove content using the term Zionist as a proxy...
Environment >
Technology >
Crude oil price under the negative pressure – Forecast today - 29-04-2024
Crude oil price under the negative pressure – Forecast today - 29-04-2024
Apr 28, 2024
Crude Oil Price Analysis Crude oil price begins today with clear negativity to break 83.90$ level and settles below it, to head towards achieving new bearish correction in the upcoming sessions, targeting visiting 81.50$ areas as a next main station. Therefore, the bearish bias will be suggested for today unless breaching 83.90$ and holding above it, as this breach will...
Corn price tests the support base – Forecast today - 29-04-2024
Corn price tests the support base – Forecast today - 29-04-2024
Apr 28, 2024
Corn Price Analysis Corn price is testing 449.20$ level and keeps its stability above it, accompanied by witnessing clear oversold signals through stochastic, waiting to motivate the price to resume the expected bullish trend for the upcoming period, which its next target located at 461.90$. Therefore, the positive scenario will remain valid and active, noting that it is important to...
Brent oil price begins negatively – Forecast today - 29-04-2024
Brent oil price begins negatively – Forecast today - 29-04-2024
Apr 28, 2024
Brent Oil Price Analysis Brent oil price rebounds bearishly after testing 89.50$ level, to head towards testing the key support 87.67$, noticing that the price is moving within minor bullish channel that supports the chances of resuming the bullish trend in the upcoming sessions, accompanied by witnessing clear positive signals through stochastic. Therefore, these factors encourage us to continue suggesting...
Wheat price keeps its positive stability – Forecast today - 29-04-2024
Wheat price keeps its positive stability – Forecast today - 29-04-2024
Apr 28, 2024
Wheat Price Analysis Wheat price provided clear positive trades in the previous sessions to approach our first extended target at 635.00$, and bounced bearishly to test the key support base 614.10$, keeping its stability above it, waiting to resume the bullish wave that its next target reaches 641.50$. Therefore, we will continue to suggest the bullish trend for the upcoming...
Personal Finance >
Politics >
Retail >
Business >
GeoPark's Q2 revenue beats expectations
GeoPark's Q2 revenue beats expectations
Aug 5, 2025
Overview * GeoPark ( GPRK ) Q2 revenue beats analyst expectations, adjusted EBITDA also exceeds estimates * Co reports net loss of $10.3 mln due to non-recurring impairment charge * Quarterly cash dividend declared at $0.147 per share, capital priorities under review Outlook * GeoPark ( GPRK ) expects $17.5 mln in annual savings from efficiency measures * Company secured...
Stonex Group Q3 net operating revenues rise 4% to $488.3 mln
Stonex Group Q3 net operating revenues rise 4% to $488.3 mln
Aug 5, 2025
Overview * Stonex ( SNEX ) fiscal Q3 net operating revenues rise 4% yr/yr to $488.3 mln * Net income for fiscal Q3 increases to $63.4 mln despite acquisition charges * Co completes acquisitions of R.J. O'Brien and The Benchmark Company, LLC Outlook * Company did not provide specific forward-looking guidance for future quarters * StoneX ( SNEX ) expects...
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,...
LifeMD Q2 revenue rises but misses expectations
LifeMD Q2 revenue rises but misses expectations
Aug 5, 2025
Overview * LifeMD ( LFMD ) Q2 revenue rises 23% yr/yr but misses analyst expectations, per LSEG data * Adjusted EBITDA for Q2 up 223%, yet misses consensus estimates, per LSEG data * Company fully repaid senior debt and launched new behavioral health services Outlook * LifeMD ( LFMD ) sees Q3 revenue between $61 mln and $63 mln *...
Economy >
Cryptocurrency >
Forex >
Copyright 2023-2026 - www.financetom.com All Rights Reserved