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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...
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...
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Nasdaq, S&P 500 Record Worst Session Since 2022 Amid Tesla, Alphabet Selloff: Investor Optimism Decreases Further
Nasdaq, S&P 500 Record Worst Session Since 2022 Amid Tesla, Alphabet Selloff: Investor Optimism Decreases Further
Jul 25, 2024
The CNN Money Fear and Greed index showed a decline in the overall market sentiment, with the index remaining in the “Neutral” zone on Wednesday. U.S. stocks closed lower on Wednesday, with the S&P 500 and the Nasdaq Composite recording their worst day since 2022. Alphabet Inc. ( GOOG ) shares fell 5% on Wednesday despite the company reporting upbeat...
US STOCKS-Futures listless a day after megacaps-led slide on Wall Street
US STOCKS-Futures listless a day after megacaps-led slide on Wall Street
Jul 25, 2024
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Futures up: Dow 0.27%, S&P 500 0.08%, Nasdaq 0.03% July 25 (Reuters) - U.S. index futures were muted on Thursday, a day after a crushing selloff in megacap tech stocks steered the S&P 500 and Nasdaq to their biggest...
TREASURIES-Yields drop as investors ratchet up rate-cut bets
TREASURIES-Yields drop as investors ratchet up rate-cut bets
Jul 25, 2024
LONDON, July 25 (Reuters) - U.S. Treasury yields fell for a third day on Thursday as investors piled into shorter-dated bonds in anticipation of imminent Federal Reserve rate cuts, while a global sell-off in tech stocks and other risk assets fanned a push into safe-haven assets. The gap between two-year and 10-year Treasury yields hit its narrowest since October 2023...
American Airlines, AstraZeneca And 3 Stocks To Watch Heading Into Thursday
American Airlines, AstraZeneca And 3 Stocks To Watch Heading Into Thursday
Jul 25, 2024
With U.S. stock futures trading higher this morning on Thursday, some of the stocks that may grab investor focus today are as follows: Wall Street expects Honeywell International Inc ( HON ). to report quarterly earnings at $2.42 per share on revenue of $9.41 billion before the opening bell. Honeywell ( HON ) shares gained 0.5% to $214.80 in after-hours...
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3D Systems Receives US FDA Clearance for 3D-Printed Cranial Implant
3D Systems Receives US FDA Clearance for 3D-Printed Cranial Implant
Apr 15, 2024
10:05 AM EDT, 04/15/2024 (MT Newswires) -- 3D Systems ( DDD ) said Monday it has received 510(k) clearance from the US Food and Drug Administration for its 3D-printed cranial implant. The VSP PEEK Cranial Implant includes a 3D modeling software, Evonik's polyetheretherketone or PEEK and a pre-defined production process, the company said. ...
Asian Equities Traded in the US as American Depositary Receipts Open Week Higher in Monday Trading
Asian Equities Traded in the US as American Depositary Receipts Open Week Higher in Monday Trading
Apr 15, 2024
10:37 AM EDT, 04/15/2024 (MT Newswires) -- Asian equities traded in the US as American depositary receipts started the week on a positive note and were trending higher Monday morning, rising 0.5% to 1,873.2 on the S&P Asia 50 ADR Index. From North Asia, the gainers were led by mobile app developer Cheetah Mobile ( CMCM ) and video-sharing site...
Key Takeaways From Confluent Analyst Ratings
Key Takeaways From Confluent Analyst Ratings
Apr 15, 2024
18 analysts have expressed a variety of opinions on Confluent over the past quarter, offering a diverse set of opinions from bullish to bearish. The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings...
Scotiabank Previews This Week's CPI in Canada; 2nd of 2 Parts
Scotiabank Previews This Week's CPI in Canada; 2nd of 2 Parts
Apr 15, 2024
10:59 AM EDT, 04/15/2024 (MT Newswires) -- A similar argument applies to airfare, noted Scotiabank. This year was among the weakest periods on record. Five of the seven weakest periods on record have been in the pandemic era. On top of this unusual softness is the added fact that airfare in CPI usually pops higher in March over April. What...
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