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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...
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.
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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Dow Dips 400 Points; US Adds Fewer Than Expected Jobs
Dow Dips 400 Points; US Adds Fewer Than Expected Jobs
Feb 7, 2025
U.S. stocks traded lower toward the end of trading, with the Dow Jones index falling around 400 points on Friday. The Dow traded down 0.93% to 44,333.38 while the NASDAQ dipped 1.32% to 19,530.62. The S&P 500 also fell, dropping, 0.84% to 6,032.71. Check This Out: How To Earn $500 A Month From McDonald’s Stock Ahead Of Q4 Earnings Leading...
Sector Update: Health Care
Sector Update: Health Care
Feb 7, 2025
03:41 PM EST, 02/07/2025 (MT Newswires) -- Health care stocks were retreating late Friday afternoon, with the NYSE Health Care Index down 0.3% and the Health Care Select Sector SPDR Fund (XLV) 0.4% lower. The iShares Biotechnology ETF (IBB) fell 2.1%. In corporate news, Doximity ( DOCS ) shares soared 35% after analysts raised their price targets on the company's...
Sector Update: Financial
Sector Update: Financial
Feb 7, 2025
03:31 PM EST, 02/07/2025 (MT Newswires) -- Financial stocks were declining in late Friday afternoon trading, with the NYSE Financial Index down 0.6% and the Financial Select Sector SPDR Fund (XLF) shedding 0.5%. The Philadelphia Housing Index was falling 3%, and the Real Estate Select Sector SPDR Fund (XLRE) was off 0.4%. Bitcoin (BTC-USD) eased 0.2% to $96,352, and the...
Sector Update: Tech
Sector Update: Tech
Feb 7, 2025
03:39 PM EST, 02/07/2025 (MT Newswires) -- Tech stocks fell in late Friday afternoon trading, with the Technology Select Sector SPDR Fund (XLK) decreasing 0.9% and the SPDR S&P Semiconductor ETF (XSD) dropping 2.3%. The Philadelphia Semiconductor index declined 1.8%. In corporate news, SolarWinds ( SWI ) shares jumped past 22%. The company said Friday it has agreed to be...
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Bitdeer Growth Fueled By Strong Machine Sales, Efficient ASICs, Diversified Revenue, And High-Performance Computing Potential: Analyst
Bitdeer Growth Fueled By Strong Machine Sales, Efficient ASICs, Diversified Revenue, And High-Performance Computing Potential: Analyst
Jan 13, 2025
Needham analyst John Todaro maintained Bitdeer Technologies ( BTDR ) with a Buy and raised the price target from $14 to $22. Todaro raised his price target and 2025 estimates after updating his expectations for machine manufacturing sales. Additionally, the analyst increased his valuation due to his growing confidence in Bitdeer’s high-performance computing opportunities. He modeled $175 million in machine sales, which includes...
Pure Storage's Options: A Look at What the Big Money is Thinking
Pure Storage's Options: A Look at What the Big Money is Thinking
Jan 13, 2025
Investors with a lot of money to spend have taken a bearish stance on Pure Storage ( PSTG ) . And retail traders should know. We noticed this today when the positions showed up on publicly available options history that we track here at Benzinga. Whether these are institutions or just wealthy individuals, we don't know. But when something this...
Spotlight on GameStop: Analyzing the Surge in Options Activity
Spotlight on GameStop: Analyzing the Surge in Options Activity
Jan 13, 2025
Whales with a lot of money to spend have taken a noticeably bearish stance on GameStop ( GME ). Looking at options history for GameStop ( GME ) we detected 33 trades. If we consider the specifics of each trade, it is accurate to state that 27% of the investors opened trades with bullish expectations and 60% with bearish. From...
Deep Dive Into Advanced Micro Devices Stock: Analyst Perspectives (18 Ratings)
Deep Dive Into Advanced Micro Devices Stock: Analyst Perspectives (18 Ratings)
Jan 13, 2025
During the last three months, 18 analysts shared their evaluations of Advanced Micro Devices ( AMD ) , revealing diverse outlooks from bullish to bearish. In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish...
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Bitcoin Forms Bullish Ascending Flag Pattern, Predicting Potential Breakout
Bitcoin Forms Bullish Ascending Flag Pattern, Predicting Potential Breakout
Aug 8, 2024
Bitcoin briefly tumbled below $50,000 earlier this week as the market saw the sharpest correction since the FTX crisis. The subsequent recovery, though, pushed the assets price above $57,000. Despite the chaos in the broader market, bitcoins technical charts show a bullish flag, while on-chain data reveals rising buying pressure, reinforcing the bullish outlook. Strong Bullish Forecast According to the...
MicroStrategy (MSTR) Shares Are Now 90% Cheaper – Here’s Why
MicroStrategy (MSTR) Shares Are Now 90% Cheaper – Here’s Why
Aug 8, 2024
Shares in MicroStrategy (MSTR) began trading for just $131 at Thursday’s open – down 89.4% from its price at the prior day’s close. The price change isn’t due to a market crash or mass selloff but is instead the result of a previously announced “stock split” that has now taken permanent effect. The MicroStrategy Stock Split A stock split is...
Ripple (XRP) Skyrockets by Double Digits, Bitcoin (BTC) Calms at $57K (Market Watch)
Ripple (XRP) Skyrockets by Double Digits, Bitcoin (BTC) Calms at $57K (Market Watch)
Aug 8, 2024
Bitcoins price has finally calmed at around $57,000 after the massive volatility that the asset experienced since last Friday. Ethereum has turned red once again, while Ripples native token has soared by double digits following the latest development on the front against the US SEC. BTC Calms at $57K Its safe to say that bitcoin had to endure one of...
New York Judge Approves $12.7 Billion Settlement for FTX and Alameda to Repay Creditors
New York Judge Approves $12.7 Billion Settlement for FTX and Alameda to Repay Creditors
Aug 8, 2024
United States District Judge Peter Castel has finalized a $12.7 billion settlement, obligating the bankrupt cryptocurrency exchange FTX and its sister company Alameda Research to compensate the formers creditors. This decision is part of a settlement with the United States Commodity Futures Trading Commission (CFTC). Judge Approves $12.7 Billion Settlement Judge Castels approval, filed on August 7, concludes a 20-month-long...
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