financetom
News
World
Environment
Technology
Politics
Retail
Business
Economy
Market summary >
Editors' picks >
News >
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.
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....
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...
World >
Market >
Crude Oil Prices Fall on Higher-Than-Expected U.S. Inventories, Trade War Concerns
Crude Oil Prices Fall on Higher-Than-Expected U.S. Inventories, Trade War Concerns
Feb 5, 2025
05:04 AM EST, 02/05/2025 (MT Newswires) -- Crude oil prices fell early Wednesday after the U.S. recorded another increase in crude inventories, exacerbating concerns about a new trade war between the China and the U.S. Brent crude lost 0.9% to US$75.55/barrel and West Texas Intermediate crude fell 0.8% to US$72.09/b at last look. WTI at one point fell to its...
French and Benelux stocks-Factors to watch
French and Benelux stocks-Factors to watch
Feb 4, 2025
Feb 5 (Reuters) - Below are company-related news and stories from France and Benelux which could have an impact on the region's markets or individual stocks. BOUYGUES: Amazon ( AMZN ) said Bouygues Group & AWS signed a strategic partnership to accelerate digital transformation across Bouygues Group's operations. CREDIT AGRICOLE France's second-biggest listed bank said it had recorded a 27%...
Nasdaq futures lag as Alphabet, AMD slide after bleak forecasts
Nasdaq futures lag as Alphabet, AMD slide after bleak forecasts
Feb 5, 2025
(Reuters) - U.S. stock index futures dipped on Wednesday, with the Nasdaq particularly impacted as shares of Alphabet and AMD fell following subdued forecasts, while negative earnings reactions in other sectors compounded losses. Google-parent Alphabet dropped 7.5% in premarket trading after posting a deceleration in cloud revenue growth, missing analysts' expectations. The company also said it would spend $75 billion...
US STOCKS-Nasdaq futures lag as Alphabet, AMD slide after bleak forecasts
US STOCKS-Nasdaq futures lag as Alphabet, AMD slide after bleak forecasts
Feb 5, 2025
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Futures down: Dow 0.34%, S&P 500 0.67%, Nasdaq 1.05% Feb 5 (Reuters) - U.S. stock index futures dipped on Wednesday, with the Nasdaq particularly impacted as shares of Alphabet and AMD fell following subdued forecasts, while negative earnings reactions...
Environment >
Technology >
Apple to extend new core technology fee to iPadOS apps
Apple to extend new core technology fee to iPadOS apps
May 2, 2024
BRUSSELS, May 2 (Reuters) - Apple ( AAPL ) will extend a newly introduced core technology fee to iPadOS apps downloaded on its App Store after the operating system for iPads was added to a list of key services subject to EU tech rules, the iPhone maker said on Thursday. Apple ( AAPL ) in March announced a core technology...
5 Qualcomm Analysts Highlight Q2 Results, Q3 Guidance: 'Solid Beat And Raise Amid Carnage Elsewhere In Smartphone Land'
5 Qualcomm Analysts Highlight Q2 Results, Q3 Guidance: 'Solid Beat And Raise Amid Carnage Elsewhere In Smartphone Land'
May 2, 2024
Technology company Qualcomm Inc ( QCOM ) reported second-quarter financial results Wednesday that saw revenue and earnings per share beat estimates from analysts. Analysts share their takes on the quarter and what's ahead for the company. Cantor Fitzgerald analyst C.J. Muse has a Neutral rating and $190 price target. KeyBanc analyst John Vinh has an Overweight rating and $205 price...
Investigating Palantir Technologies's Standing In Software Industry Compared To Competitors
Investigating Palantir Technologies's Standing In Software Industry Compared To Competitors
May 2, 2024
In today's rapidly changing and highly competitive business world, it is imperative for investors and industry observers to carefully assess companies before making investment choices. In this article, we will undertake a comprehensive industry comparison, evaluating Palantir Technologies ( PLTR ) vis-à-vis its key competitors in the Software industry. Through a detailed analysis of important financial indicators, market standing, and...
Competitor Analysis: Evaluating Super Micro Computer And Competitors In Technology Hardware, Storage & Peripherals Industry
Competitor Analysis: Evaluating Super Micro Computer And Competitors In Technology Hardware, Storage & Peripherals Industry
May 2, 2024
In the dynamic and fiercely competitive business environment, conducting a thorough analysis of companies is crucial for investors and industry enthusiasts. In this article, we will perform an extensive industry comparison, evaluating Super Micro Computer ( SMCI ) in relation to its major competitors in the Technology Hardware, Storage & Peripherals industry. By closely examining crucial financial metrics, market position,...
Personal Finance >
Politics >
Retail >
Business >
BRIEF-Klarna Announces Confidential Submission Of Draft Registration Statement For Proposed Initial Public Offering
BRIEF-Klarna Announces Confidential Submission Of Draft Registration Statement For Proposed Initial Public Offering
Nov 12, 2024
Nov 12 (Reuters) - * KLARNA: ANNOUNCES CONFIDENTIAL SUBMISSION OF DRAFT REGISTRATION STATEMENT FOR PROPOSED INITIAL PUBLIC OFFERING * KLARNA: NUMBER OF SHARES TO BE OFFERED AND PRICE RANGE FOR PROPOSED OFFERING HAVE NOT YET BEEN DETERMINED * KLARNA: KLARNA GROUP PLC CONFIDENTIALLY SUBMITTED A DRAFT REGISTRATION STATEMENT ON FORM F-1 TO SEC RELATING TO PROPOSED IPO OF ITS ORDINARY...
Spirit Airlines continues 'constructive talks' with creditors
Spirit Airlines continues 'constructive talks' with creditors
Nov 12, 2024
(Reuters) -Spirit Airlines is in constructive discussion with its creditors and continues to explore strategic alternatives to improve liquidity, the ultra-low-cost carrier said on Tuesday. The negotiations, with a supermajority of the noteholders, have remained productive, advanced materially and are resuming in the near term, it added. If the agreement fails, it will lead to the cancellation of existing equity...
SingTel's interim net profit falls 42%, sees higher EBIT for FY25
SingTel's interim net profit falls 42%, sees higher EBIT for FY25
Nov 12, 2024
(Reuters) -Singapore Telecommunications (SingTel) on Wednesday reported a 42% slump in its first-half net profit due to the absence of a S$1.2 billion ($896.59 million) gain it had logged through the merger of Telkomsel a year earlier. Southeast Asia's largest telecom firm also said it expects its earnings before interest and tax (EBIT) to grow by low double digits for...
Indonesian president meets Biden and speaks with Trump, pledges cooperation
Indonesian president meets Biden and speaks with Trump, pledges cooperation
Nov 12, 2024
JAKARTA/WASHINGTON, Nov 12 (Reuters) - Indonesia's President Prabowo Subianto met with U.S. President Joe Biden at the White House on Tuesday and offered his congratulations to President-elect Donald Trump by phone during an official visit to Washington. I will work very hard to strengthen Indonesian-United States relationship, and I would like to work towards this end that we have a...
Economy >
Cryptocurrency >
Forex >
Copyright 2023-2026 - www.financetom.com All Rights Reserved